DEEPWATER ENGINEERING LTD
🌿Early-stageactive
SC771502 · ltd · incorporated 2023-06-02
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2025
Net worth
—
book net assets
Opportunity
71/100
Strong
What this business does
Primary activity: Engineering related scientific and technical consulting activities
Sector: Professional, scientific & technical
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 71/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).
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 (3 active, 3 linked, 2 with DOB)
83
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
11 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
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 · accounting standard unknown| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| 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
1
filing
- • 1 accounts
Last 90 days
1
filing
- • 1 accounts
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (12 events)Click to expand
- 2026-03-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-11-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-06-04📄change-person-secretary-company-with-change-dateofficers · CH03
- 2024-06-04📄change-person-director-company-with-change-dateofficers · CH01
- 2023-06-30📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-06-07📄change-person-director-company-with-change-dateofficers · CH01
- 2023-06-07📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-06-02🏢Company incorporatedAs DEEPWATER ENGINEERING LTD
- 2023-06-02➕MCVEY, Karyn appointedsecretary
- 2023-06-02➕MCVEY, Francis John appointeddirector
- 2023-06-02➕MCVEY, Karyn appointeddirector
- 2023-06-02📄incorporation-companyincorporation · NEWINC
Owner dependency
71/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +Young company: Only 2.9 years old — management layer unlikely to be developed.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- 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 Karyn Mcvey Individual · British · DOB 09/1974 · age 52 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 02/06/2023 |
Mr Francis John Mcvey Individual · British · DOB 09/1973 · age 53 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 02/06/2023 |
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
Active · Professional services · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| D & J BUCHAN SERVICES LTD.→ SC372569 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| DANIEL MP LTD→ SC432421 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| DARWIN STRATEGIC SEARCH LIMITED→ SC884143 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| DASBO LIMITED→ SC347934 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| DAVID WALLACE CONTRACTS LTD→ SC630344 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| DBK ONE LIMITED→ SC712147 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| DEBRIK ENGINEERING CONSULTANT LIMITED→ SC735995 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| DEESIDE INVESTMENTS LIMITED→ SC388863 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| DEMPTOS LIMITED→ SC338655 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| DENTAL IMPLANTS SCOTLAND LTD.→ SC858750 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| DEOT CONSULTING LTD→ SC714041 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| DESIGN & DECOM LTD→ SC689535 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
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
Incorporated2023-06-02
Jurisdictionscotland
Primary SIC71122 — Engineering related scientific and technical consulting activities
Registered office
37 Whitehall Gardens
Insch
AB52 6HJ
Scotland
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-06-21
Last: 2025-06-07
Officers (3 active · 0 resigned)
Active
MCVEY, Francis John→
Activedirector · ~53y · appointed 2023-06-02
View their other companies + combined net worth →
MCVEY, Karyn→
Activedirector · ~52y · appointed 2023-06-02
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (11 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-30
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-17
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-28
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-20
change-person-secretary-company-with-change-date
officers · CH03
2024-06-04
change-person-director-company-with-change-date
officers · CH01
2024-06-04
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-06-30
confirmation-statement-with-updates
confirmation-statement · CS01
2023-06-07
change-person-director-company-with-change-date
officers · CH01
2023-06-07
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-06-07
incorporation-company
incorporation · NEWINC
2023-06-02