WAVORNA LIMITED

🌿Early-stageactive
SC801901 · ltd · incorporated 2024-03-06
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 Mar 2025
Net worth
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: Licenced restaurants
Sector: Accommodation & food service
Investor take
Pursue
Active trading company with a 76-year-old founder — textbook succession opportunity.

Opportunity 75/100 (strong), bankability 70/100. Strong seller-intent signal (60/100, director aged 76). 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: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (70/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
11 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
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

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-31

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
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (11 events)Click to expand
  1. 2025-10-08
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2025-05-21
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  3. 2025-05-20
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2025-05-15
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  5. 2025-05-15
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  6. 2024-03-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2024-03-06
    🏢
    Company incorporated
    As WAVORNA LIMITED
  8. 2024-03-06
    MCANENEY, William Turner appointed
    director
  9. 2024-03-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2024-03-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2024-03-06
    📄
    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 age: Director aged approximately 76 — succession pressure is live.
  • +Young company: Only 2.2 years old — management layer unlikely to be developed.

Succession & seller-readiness

75/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 76 years old. Natural succession window is now.
  • 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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr William Turner Mcaneney
Individual · British · DOB 05/1950 · age 76
75100%
75–100%board control75-100% shares · 75-100% voting · board control01/03/2025
1 historic (ceased) PSC
  • Four Acres Charitable Trustceased 01/03/2025· 75-100% shares · 75-100% voting · board control

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

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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Company details

Statusactive
Typeltd
Incorporated2024-03-06
Jurisdictionscotland
Primary SIC56101 — Licenced restaurants

Registered office

Flat 4 Stoneleigh
48 Cleveden Drive
Glasgow
G12 0NU
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-19
Last: 2026-03-05

Officers (1 active · 0 resigned)

MCANENEY, William Turner
director · ~76y · appointed 2024-03-06
View their other companies + combined net worth →
Active

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

Recent filings (11 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-05
accounts-with-accounts-type-dormant
accounts · AA
2025-10-08
gazette-filings-brought-up-to-date
gazette · DISS40
2025-05-21
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-20
gazette-notice-compulsory
gazette · GAZ1
2025-05-20
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-05-15
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-05-15
change-person-director-company-with-change-date
officers · CH01
2024-03-07
change-person-director-company-with-change-date
officers · CH01
2024-03-06
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-03-06
incorporation-company
incorporation · NEWINC
2024-03-06