WESTER RESTENNETH COMPANY LIMITED

🌳Matureactive
SC219081 · ltd · incorporated 2001-05-11
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.
🔒Estimated value
Upgrade to see
Turnover
year to May 2025
Net worth
£331.1k
book net assets
Opportunity
81/100
Exceptional
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What this business does
Primary activity: Development of building projects
Sector: Construction
ALSO REGISTERED FOR
  • 68100Buying and selling of own real estate
Investor take
Pursue
Asset-holding vehicle with a 83-year-old founder — textbook succession opportunity.

Opportunity 81/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 83). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (72/100)

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

Company profile
address, 2 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
13 officers (9 active, 13 linked, 9 with DOB)
84
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
7 connected companies via shared directors
66
Filing history
81 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
81/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £331,115
Cash YoY
+275%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£5k
↑ 275% YoY
Net Worth
£331k
↑ 1.0% YoY
Current Assets
Current Liabilities
£0£66k£132k£199k£265k£331kMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-05-312024-05-31
Cash£5.1k£1.4k
Net assets£331.1k£327.8k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

4 signals 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
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (34 events)Click to expand
  1. 2026-01-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-07-07
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2024-09-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-08-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-02-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-03-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-10-05
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2021-10-05
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2021-04-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2019-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2018-11-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2018-11-19
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2017-10-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2017-01-23
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2016-06-07
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2016-03-03
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2012-02-06
    LUCKHURST, Jane Marie appointed
    secretary
  18. 2012-02-06
    MILNE, John David appointed
    director
  19. 2012-02-06
    MILLER, Kim James Bryson resigned
    secretary
  20. 2010-07-04
    MCFARLANE, Judy Hill resigned
    director
  21. 2003-01-07
    MILLER, Kim James Bryson appointed
    secretary
  22. 2002-08-30
    MESSRS THORNTONS WS resigned
    corporate-nominee-secretary
  23. 2001-08-17
    HARPER, Richard George appointed
    director
  24. 2001-08-17
    JOHNSTON, James appointed
    director
  25. 2001-08-17
    KERMACK, Lewis appointed
    director
  26. 2001-08-17
    MCFARLANE, Graham James appointed
    director
  27. 2001-08-17
    TITTERINGTON, John Kenneth appointed
    director
  28. 2001-08-17
    TITTERINGTON, Margaret Caroline appointed
    director
  29. 2001-08-17
    WALLACE, Iain Stuart appointed
    director
  30. 2001-08-17
    HUTCHESON, Iain Henderson resigned
    nominee-director
  31. 2001-08-17
    MCFARLANE, Judy Hill appointed
    director
  32. 2001-05-11
    🏢
    Company incorporated
    As WESTER RESTENNETH COMPANY LIMITED
  33. 2001-05-11
    MESSRS THORNTONS WS appointed
    corporate-nominee-secretary
  34. 2001-05-11
    HUTCHESON, Iain Henderson appointed
    nominee-director

Owner dependency

73/100
High — earn-out structure required

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

FACTORS
  • -8 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 83 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

90/100
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 83 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 25 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 25 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
🔒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 →

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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
Incorporated2001-05-11
Jurisdictionscotland
Primary SIC41100 — Development of building projects

Registered office

1 Rathmell Gardens
Gowanbank
Forfar
DD8 2US
Scotland

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-05-25
Last: 2025-05-11

Officers (9 active · 4 resigned)

LUCKHURST, Jane Marie
secretary · appointed 2012-02-06
View their other companies + combined net worth →
Active
HARPER, Richard George
director · ~58y · appointed 2001-08-17
View their other companies + combined net worth →
Active
JOHNSTON, James
director · ~77y · appointed 2001-08-17
View their other companies + combined net worth →
Active
KERMACK, Lewis
director · ~59y · appointed 2001-08-17
View their other companies + combined net worth →
Active
MCFARLANE, Graham James
director · ~78y · appointed 2001-08-17
View their other companies + combined net worth →
Active
MILNE, John David
director · ~83y · appointed 2012-02-06
View their other companies + combined net worth →
Active
TITTERINGTON, John Kenneth
director · ~83y · appointed 2001-08-17
View their other companies + combined net worth →
Active
TITTERINGTON, Margaret Caroline
director · ~75y · appointed 2001-08-17
View their other companies + combined net worth →
Active
WALLACE, Iain Stuart
director · ~71y · appointed 2001-08-17
View their other companies + combined net worth →
Active
MILLER, Kim James Bryson
secretary · appointed 2003-01-07 · resigned 2012-02-06
Resigned
MESSRS THORNTONS WS
corporate-nominee-secretary · appointed 2001-05-11 · resigned 2002-08-30
Resigned
HUTCHESON, Iain Henderson
nominee-director · appointed 2001-05-11 · resigned 2001-08-17
Resigned
MCFARLANE, Judy Hill
director · ~78y · appointed 2001-08-17 · resigned 2010-07-04
Resigned

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

Recent filings (81 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-22
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-07-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-15
change-person-director-company-with-change-date
officers · CH01
2021-10-05
change-person-director-company-with-change-date
officers · CH01
2021-10-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-05-25