THE WATER ROW COMPANY LTD

🌿Early-stageactive
SC784384 · ltd · incorporated 2023-09-29
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
Why now
Window steady · low confidence
Asset base steady — strong defensive profile, no urgency cue.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
76/100
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.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: SIC 64992
Sector: Financial & insurance
ALSO REGISTERED FOR
  • 68201Renting and operating of Housing Association real estate
  • 68209Other letting and operating of own or leased real estate
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 76/100 (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 (73/100).

Data confidence

Overall: medium (55/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 3 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
6 officers (5 active, 6 linked, 6 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
12 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
60
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

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
  1. 2025-12-08
    📄
    accounts-with-accounts-type-small
    accounts · AA
  2. 2025-10-14
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2025-08-13
    ➖
    HOGG, Donalda resigned
    director
  4. 2025-06-04
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  5. 2025-05-14
    ➕
    MINA, Andrea Lindsay appointed
    director
  6. 2025-01-15
    📄
    accounts-with-accounts-type-small
    accounts · AA
  7. 2024-05-01
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  8. 2024-05-01
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2024-05-01
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2024-02-15
    ➕
    TREARTY, Brian appointed
    director
  11. 2024-02-15
    ➕
    HOGG, Donalda appointed
    director
  12. 2023-12-22
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  13. 2023-11-29
    ➕
    STIRLING, Jacqueline appointed
    director
  14. 2023-11-17
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2023-11-03
    ➕
    GRAHAM, Robert appointed
    director
  16. 2023-09-29
    🏢
    Company incorporated
    As THE WATER ROW COMPANY LTD
  17. 2023-09-29
    ➕
    WILLIAMSON, Avril appointed
    director
  18. 2023-09-29
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

60/100
High — earn-out structure required

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

FACTORS
  • -5 active directors: Broader management team in place — suggests transferable governance.
  • +Founder age: Director aged approximately 68 — succession pressure is live.
  • +Young company: Only 2.8 years old — management layer unlikely to be developed.

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 68. 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

Govan Housing Association Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Govan Housing Association Ltd
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
THE WATER ROW COMPANY LTD
This company · SC784384

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

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Govan Housing Association Ltd
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control29/09/2023

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

Similar companies

Active · Financial services · G postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
@SIPP LIMITED→
SC217126 · est 2001
£37.09M
£26.97M–£47.20M
£10.21M—620025y8562y
FLEET ALLIANCE LIMITED→
SC235634 · est 2002
£7.49M
£5.45M–£9.53M
———23y8261y
FORWARD ASSET FINANCE LIMITED→
SC337979 · est 2008
£1.02M
£744.7k–£1.30M
——50018y8364y
COMMONWEALTH GAMES (SCOTLAND) ENDOWMENT FUND→
SC301214 · est 2006
£22.3k
£16.2k–£28.3k
——020y8366y
BLAIRSTON ENTERPRISES LIMITED→
SC368750 · est 2009
——£2.38M—16y8372y
CALCLUTH & SANGSTER (INSURANCE BROKERS) LIMITED→
SC200273 · est 1999 · no financials extracted
————26y8359y
FEMALE INDEPENDENT LTD.→
SC245607 · est 2003
——£20.0k—23y8366y
HARRY SMITH, LIMITED→
SC008622 · est 1913
——£1.66M—113y8358y
KELVIN SMITH (INSURANCE BROKERS) LIMITED→
SC301532 · est 2006
——£3.48M—20y8363y
MORTGAGE ADVICE BROKERAGE LTD→
SC336489 · est 2008
———150018y8358y
NITRON INVESTMENTS LIMITED→
SC047915 · est 1970
——£431.4k—55y8380y
PENTA CAPITAL INVESTMENTS LIMITED→
SC277543 · est 2004 · no financials extracted
————21y8364y
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
Incorporated2023-09-29
Jurisdictionscotland
Primary SIC64992 — SIC 64992

Registered office

246 Edmiston Drive
Glasgow
G51 2YU
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-10-12
Last: 2025-09-28

Officers (5 active · 1 resigned)

GRAHAM, Robert→
director · ~52y · appointed 2023-11-03
View their other companies + combined net worth →
Active
MINA, Andrea Lindsay→
director · ~50y · appointed 2025-05-14
View their other companies + combined net worth →
Active
STIRLING, Jacqueline→
director · ~48y · appointed 2023-11-29
View their other companies + combined net worth →
Active
TREARTY, Brian→
director · ~64y · appointed 2024-02-15
View their other companies + combined net worth →
Active
WILLIAMSON, Avril→
director · ~68y · appointed 2023-09-29
View their other companies + combined net worth →
Active
HOGG, Donalda→
director · ~59y · appointed 2024-02-15 · resigned 2025-08-13
Resigned

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

Recent filings (12 total)

accounts-with-accounts-type-small
accounts · AA
2025-12-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-17
termination-director-company-with-name-termination-date
officers · TM01
2025-10-14
appoint-person-director-company-with-name-date
officers · AP01
2025-06-04
accounts-with-accounts-type-small
accounts · AA
2025-01-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-01
appoint-person-director-company-with-name-date
officers · AP01
2024-05-01
appoint-person-director-company-with-name-date
officers · AP01
2024-05-01
appoint-person-director-company-with-name-date
officers · AP01
2024-05-01
change-account-reference-date-company-current-shortened
accounts · AA01
2023-12-22
appoint-person-director-company-with-name-date
officers · AP01
2023-11-17
incorporation-company
incorporation · NEWINC
2023-09-29