WATTERSWAY LTD
🏛️Establishedactive
SC676924 · ltd · incorporated 2020-10-07
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Oct 2024
Net worth
—
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: Unlicenced restaurants and cafes
Sector: Accommodation & food service
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 76/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
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
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
18 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.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-10-31 | 2023-10-31 |
|---|---|---|
| Average employees | 200 | 200 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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 (18 events)Click to expand
- 2025-04-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-10-05📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-10-05📄change-person-director-company-with-change-dateofficers · CH01
- 2023-10-05📄change-person-director-company-with-change-dateofficers · CH01
- 2023-04-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-10-07📄change-person-director-company-with-change-dateofficers · CH01
- 2022-10-07📄change-person-director-company-with-change-dateofficers · CH01
- 2022-04-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-02-28➕WATTERS, Jane Evelyn appointeddirector
- 2022-02-28📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-10-14📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-10-14📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-08-14➖WATTERS, Scott resigneddirector
- 2020-10-07🏢Company incorporatedAs WATTERSWAY LTD
- 2020-10-07➕WATTERS, Crawford Timothy Alexander appointeddirector
- 2020-10-07➕WATTERS, Scott appointeddirector
- 2020-10-07📄incorporation-companyincorporation · NEWINC
Owner dependency
89/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder name in company name: Company name contains director surname "WATTERS" — strong identity link between founder and business.
- +Senior director age: Director aged approximately 63 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
56/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanNo 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Jane Evelyn Watters Individual · British · DOB 03/1964 · age 62 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 05/10/2023 |
Mr Crawford Timothy Alexander Watters Individual · British · DOB 05/1963 · age 63 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 07/10/2020 |
1 historic (ceased) PSC
- Mr Scott Wattersceased 14/08/2021· 25-50% shares · 25-50% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Hospitality · KY postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ST ANDREWS SHAWARMA LTD→ SC853858 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| STARSCAPE CAFÉ LIMITED→ SC880144 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| THE CROWN LEVEN LTD→ SC859887 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| VELOCITY VIRTUAL RACING LTD→ SC871101 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| VENNEL CATERING LTD→ SC823820 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| VENUE VIABILITY LTD→ SC794547 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| WALHAM LIMITED→ SC467338 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| WALSH OR WELSH LIMITED→ SC791930 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| WAVE PROPERTIES LIMITED→ SC392042 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
| WELOVEITALY LTD→ SC810804 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| WESTGATE TOON LTD→ SC879774 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| WHATDESSERT LIMITED→ SC804260 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated2020-10-07
Jurisdictionscotland
Primary SIC56102 — Unlicenced restaurants and cafes
Registered office
181 High Street
Burntisland
KY3 9AE
Scotland
Filing status
Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-10-19
Last: 2025-10-05
Officers (2 active · 1 resigned)
WATTERS, Crawford Timothy Alexander→
Activedirector · ~63y · appointed 2020-10-07
View their other companies + combined net worth →
WATTERS, Jane Evelyn→
Activedirector · ~62y · appointed 2022-02-28
View their other companies + combined net worth →
WATTERS, Scott→
Resigneddirector · ~58y · appointed 2020-10-07 · resigned 2021-08-14
Click a director name to see their full track record across all companies.
Recent filings (18 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-12
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-10-05
confirmation-statement-with-updates
confirmation-statement · CS01
2023-10-05
change-person-director-company-with-change-date
officers · CH01
2023-10-05
change-person-director-company-with-change-date
officers · CH01
2023-10-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-07
change-person-director-company-with-change-date
officers · CH01
2022-10-07
change-person-director-company-with-change-date
officers · CH01
2022-10-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-04-13
appoint-person-director-company-with-name-date
officers · AP01
2022-02-28
confirmation-statement-with-updates
confirmation-statement · CS01
2021-10-14