SDW (SCOTLAND) LTD

💤Zombieactive
SC627685 · ltd · incorporated 2019-04-15
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
year to Apr 2025
Net worth
£20.3k
book net assets
Opportunity
76/100
Strong
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What this business does
Primary activity: SIC 03110
Sector: Agriculture, forestry & fishing
Investor take
Pursue
Asset-holding vehicle with a 66-year-old founder — textbook succession opportunity.

Opportunity 76/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 66). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (79/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
16 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
65
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £20,349
Cash YoY
+34%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£28k
↑ 34% YoY
Net Worth
£20k
↑ 8.1% YoY
Current Assets
£28k
↑ 18% YoY
Current Liabilities
£0£6k£11k£17k£23k£28kApr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-04-302024-04-30
Total assets£20.9k£19.6k
Current assets£28.5k£24.1k
Cash£27.7k£20.7k
Debtors£777£3.4k
Net assets£20.3k£18.8k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (11 events)Click to expand
  1. 2025-12-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-09-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-12-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-12-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2020-11-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2019-06-18
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2019-06-18
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  9. 2019-04-15
    🏢
    Company incorporated
    As SDW (SCOTLAND) LTD
  10. 2019-04-15
    WEST, Stephen appointed
    director
  11. 2019-04-15
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

95/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Founder age: Director aged approximately 66 — succession pressure is live.
  • +No director turnover: Company is 7 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

65/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Stephen West
Individual · Scottish · DOB 04/1960 · age 66
5075%
75–100%board control75-100% shares · 75-100% voting · board control15/04/2019
Mrs Deborah Anne West
Individual · Scottish · DOB 03/1963 · age 63
2550%
25–50%25-50% shares · 25-50% voting04/06/2019

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

Similar companies

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CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
EAST COAST VINERS (PEAS AND BEANS) LIMITED
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£13.37M180012y8579y
TREETOP FORESTRY LIMITED
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£5.00M
£3.85M£6.15M
£12.98M460020y8772y
ALTNAHARRA ESTATE LIMITED
SC228455 · est 2002
£634.2k
£487.8k£780.5k
824y8571y
CHALLENGE FISHING COMPANY LIMITED
SC192237 · est 1998
627y8369y
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SC158055 · est 1995
1031y8376y
GARDINER ICM LIMITED
SC197812 · est 1999
£2.60M26y8364y
LORANTHUS FISHING COMPANY LIMITED
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M B AQUARIUS LIMITED
SC259115 · est 2003
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M.V. QUANTUS LIMITED
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£32.29M32y8369y
MEARNS TRACTORS LIMITED
SC261246 · est 2003
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20044y8372y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →
🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

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Company details

Statusactive
Typeltd
Incorporated2019-04-15
Jurisdictionscotland
Primary SIC03110 — SIC 03110

Registered office

14 Craigellie Circle
Fraserburgh
AB43 9WH
Scotland

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-12-20
Last: 2025-12-06

Officers (1 active · 0 resigned)

WEST, Stephen
director · ~66y · appointed 2019-04-15
View their other companies + combined net worth →
Active

Click a director name to see their full track record across all companies.

Recent filings (16 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-12-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-22
confirmation-statement-with-updates
confirmation-statement · CS01
2022-12-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-11-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-04-15
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2019-06-18
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2019-06-18