CONWAY OPTOMETRY LTD

💤Zombieactive
SC695074 · ltd · incorporated 2021-04-08
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
Upgrade to see
Turnover
year to Jun 2025
Net worth
book net assets
Opportunity
73/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Other human health activities
Sector: Human health & social work
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 73/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. 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: strategic trade sale (65/100).

🏦

Refinance opportunity

3 live charges · oldest 4.9y

35/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Charge age ~4.9 years — mid-life; refi window approaching.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

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
3 charges (3/3 with lender, 3/3 with type)
90
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
Network not yet resolved
30
Filing history
16 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

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

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · IFRS
Metric2025-06-302024-06-30
Average employees500500

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
1
filing
  • 1 confirmation-statement
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (16 events)Click to expand
  1. 2025-10-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-10-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-12-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-12-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-12-05
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2022-12-05
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  7. 2021-08-18
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2021-07-26
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  9. 2021-07-23
    🔒
    Charge registered #3
    Lender: The Royal Bank of Scotland PLC
  10. 2021-07-02
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  11. 2021-07-02
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  12. 2021-06-11
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  13. 2021-06-11
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  14. 2021-04-08
    🏢
    Company incorporated
    As CONWAY OPTOMETRY LTD
  15. 2021-04-08
    CONWAY, Alan appointed
    director
  16. 2021-04-08
    📄
    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 name in company name: Company name contains director surname "CONWAY" — strong identity link between founder and business.
  • +No director turnover: Company is 5 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

45/100
Moderate signal

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

SIGNALS
  • 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
NameSharesVoting rightsNature of controlNotified
Mr Alan Conway
Individual · British · DOB 06/1981 · age 45
5075%
50–75%board control50-75% shares · 50-75% voting · board control08/04/2021
Joanna Conway
Individual · British · DOB 03/1985 · age 41
2550%
25–50%25-50% shares · 25-50% voting08/04/2021

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

Similar companies

Active · Healthcare & medical · EH postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
C & C DUNDEE LIMITED
SC435430 · est 2012 · no financials extracted
13y
CHILLSELFHEALING LTD
SC868654 · est 2025 · no financials extracted
COMMUNITY BROKERAGE NETWORK CIC
SC416556 · est 2012 · no financials extracted
14y
CONNECT CHIROPRACTIC & WELLNESS LTD
SC600033 · est 2018 · no financials extracted
7y
COUNTY PHYSIO LTD
SC454799 · est 2013 · no financials extracted
12y
CYHL MEDICAL LTD
SC883810 · est 2026 · no financials extracted
DACLES A. LTD
SC879179 · est 2026 · no financials extracted
DAVID STEEDMAN LTD.
SC372525 · est 2010 · no financials extracted
16y
DAVIDSON HANDS LTD
SC607069 · est 2018 · no financials extracted
7y
DAVINA CARE SOLUTIONS LTD
SC856956 · est 2025 · no financials extracted
DELCARE LTD
SC846476 · est 2025 · no financials extracted
DELE HEALTH LTD
SC736807 · est 2022 · no financials extracted
3y
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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2021-04-08
Jurisdictionscotland
Primary SIC86900 — Other human health activities

Registered office

33a West Main Street
Whitburn
Bathgate
EH47 0QD
Scotland

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2027-04-21
Last: 2026-04-07

Officers (1 active · 0 resigned)

CONWAY, Alan
director · ~45y · appointed 2021-04-08
View their other companies + combined net worth →
Active

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

Mortgages & charges

3
Total charges
3
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property23/07/2021
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge11/06/2021
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge11/06/2021
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (16 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-13
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-14
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-18
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-26
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-05
accounts-with-accounts-type-dormant
accounts · AA
2022-12-05
change-account-reference-date-company-current-shortened
accounts · AA01
2022-12-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-08-18
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-07-26
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-07-02
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-07-02