WESTSIDE DISTRIBUTION HOLDINGS LIMITED

🏛️Establishedactive
SC648056 · ltd · incorporated 2019-11-26
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 3.9y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
79/100
Strong
🔔
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What this business does
Primary activity: Wholesale of musical instruments
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: conservative operator with strong profile and acceptable with review structure.

Opportunity 79/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (78/100).

🏦

Refinance opportunity

1 live charge · oldest 3.9y

65/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Charge age ~3.9 years — mid-life; refi window approaching.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.
  • · Profitable and stable/growing — lender coverage supportable.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
4 officers (4 active, 4 linked, 3 with DOB)
85
Ownership & PSC
3 active PSC(s) of 5 total, 5 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
29 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Profitable
Profit before tax £1,924,319

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Profit before tax£1.92M
Average employees270

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
2
filings
  • 1 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2025-12-23
    📄
    accounts-with-accounts-type-group
    accounts · AA
  2. 2024-12-23
    📄
    accounts-with-accounts-type-group
    accounts · AA
  3. 2024-01-04
    📄
    accounts-with-accounts-type-group
    accounts · AA
  4. 2023-03-01
    📄
    accounts-with-accounts-type-group
    accounts · AA
  5. 2022-07-04
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2022-07-04
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  7. 2022-07-04
    📄
    capital-alter-shares-subdivision
    capital · SH02
  8. 2022-07-04
    📄
    capital-allotment-shares
    capital · SH01
  9. 2022-07-04
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2022-07-04
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  11. 2022-07-04
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  12. 2022-07-02
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  13. 2022-06-17
    🔒
    Charge registered #1
    Lender: Alison Marion Grant
  14. 2022-02-28
    📄
    accounts-with-accounts-type-group
    accounts · AA
  15. 2021-11-29
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2021-11-29
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  17. 2021-11-10
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  18. 2020-12-16
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  19. 2020-12-16
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  20. 2020-12-16
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  21. 2019-11-26
    🏢
    Company incorporated
    As WESTSIDE DISTRIBUTION HOLDINGS LIMITED
  22. 2019-11-26
    GRANT, Alison Marion appointed
    secretary
  23. 2019-11-26
    GRANT, Alison Marion appointed
    director
  24. 2019-11-26
    HAY, Philip Ewing appointed
    director
  25. 2019-11-26
    VAN DER SCHOOT, Jonathan Francis appointed
    director

Owner dependency

65/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Founder age: Director aged approximately 67 — succession pressure is live.

Succession & seller-readiness

50/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.

Red flags

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

Group structure

Macdonald Henderson Nominees Ltd holds 25-50% — a significant corporate investor but not a controlling parent.

🏛️
Macdonald Henderson Nominees Ltd
Corporate parent
WESTSIDE DISTRIBUTION HOLDINGS LIMITED
This company · SC648056

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

3 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Miss Carole Leslie
Individual · British · DOB 01/1962 · age 64
sig. influencesignificant influence · trust interest17/06/2022
Macdonald Henderson Nominees Ltd
Corporate entity
sig. influencesignificant influence · trust interest17/06/2022
Mr Philip Ewing Hay
Individual · British · DOB 02/1959 · age 67
sig. influencesignificant influence · trust interest26/11/2019
2 historic (ceased) PSCs
  • Mrs Alison Marion Grantceased 17/06/2022· significant influence
  • Mr Jonathan Francis Van Der Schootceased 17/06/2022· 25-50% shares · 25-50% voting

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 →

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

7 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
Incorporated2019-11-26
Jurisdictionscotland
Primary SIC46491 — Wholesale of musical instruments

Registered office

100 Fifty Pitches Road
Glasgow
G51 4EB
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-12-09
Last: 2025-11-25

Officers (4 active · 0 resigned)

GRANT, Alison Marion
secretary · appointed 2019-11-26
View their other companies + combined net worth →
Active
GRANT, Alison Marion
director · ~59y · appointed 2019-11-26
View their other companies + combined net worth →
Active
HAY, Philip Ewing
director · ~67y · appointed 2019-11-26
View their other companies + combined net worth →
Active
VAN DER SCHOOT, Jonathan Francis
director · ~62y · appointed 2019-11-26
View their other companies + combined net worth →
Active

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Alison Marion Grant / Jonathan Francis Van Der Schoot / Philip Ewing Hay
A registered charge17/06/2022
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (29 total)

accounts-with-accounts-type-group
accounts · AA
2025-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-10
accounts-with-accounts-type-group
accounts · AA
2024-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-12
accounts-with-accounts-type-group
accounts · AA
2024-01-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-07
accounts-with-accounts-type-group
accounts · AA
2023-03-01
confirmation-statement-with-updates
confirmation-statement · CS01
2022-12-08
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-07-04
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-07-04
capital-alter-shares-subdivision
capital · SH02
2022-07-04
capital-allotment-shares
capital · SH01
2022-07-04
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-07-04
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2022-07-04
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-07-04