CATRIONA WATSON HR SOLUTIONS LIMITED

💤Zombieactive
SC632243 · ltd · incorporated 2019-06-03
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.
🔒Estimated value
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Turnover
year to Jun 2024
Net worth
£3.2k
book net assets
Opportunity
66/100
Strong
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What this business does
Primary activity: Management consultancy activities other than financial management
Sector: Professional, scientific & technical
Investor take
Special-situation opportunity
Distressed professional-services with salvageable qualities — special-situations priority.

Opportunity 66/100 (strong), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (53/100).

Data confidence

Overall: medium (78/100)

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
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
17 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
66/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
50
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £3,234

Key financials

2 years extracted from filed iXBRL accounts
Cash
£1k
Net Worth
£3k
Current Assets
£6k
Current Liabilities
£0£1k£3k£4k£5k£6kJun 2023Jun 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-06-302023-06-30
Total assets£3.2k
Current assets£6.3k
Cash£1.3k
Debtors£5.0k
Net assets£3.2k

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

🔒Filing-note intelligence

2 signals 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 (13 events)Click to expand
  1. 2025-01-29
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2024-01-24
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2023-01-24
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  4. 2022-03-10
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  5. 2021-09-06
    📄
    withdrawal-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC09
  6. 2021-01-20
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  7. 2021-01-14
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  8. 2020-10-21
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  9. 2020-10-20
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  10. 2020-06-09
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2019-06-03
    🏢
    Company incorporated
    As CATRIONA WATSON HR SOLUTIONS LIMITED
  12. 2019-06-03
    WATSON, Catriona appointed
    director
  13. 2019-06-03
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

100/100
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 name in company name: Company name contains director surname "WATSON" — strong identity link between founder and business.
  • +Senior director age: Director aged approximately 64 — approaching natural succession window.
  • +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 64. 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

1 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-03-31

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Ms Catriona Watson
Individual · British · DOB 05/1962 · age 64
75100%
75-100% shares03/06/2019

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

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2019-06-03
Jurisdictionscotland
Primary SIC70229 — Management consultancy activities other than financial management

Registered office

60 St. Enoch Square
5th Floor
Glasgow
G1 4AG
Scotland

Filing status

Accounts
Next due: 2026-03-31OVERDUE
Last made up to: 2024-06-30
Confirmation statement
Next due: 2026-06-16
Last: 2025-06-02

Officers (1 active · 0 resigned)

WATSON, Catriona
director · ~64y · appointed 2019-06-03
View their other companies + combined net worth →
Active

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

Recent filings (17 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-08
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-01-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-10
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-01-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-30
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-01-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-24
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-03-10
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2021-09-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-24
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-01-20
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-01-14
gazette-filings-brought-up-to-date
gazette · DISS40
2020-10-21
gazette-notice-compulsory
gazette · GAZ1
2020-10-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-19