ALEXANDER WATT LIMITED

🌳Matureactive
SC241941 · ltd · incorporated 2003-01-08
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jan 2025
Net worth
£31.6k
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: Temporary employment agency activities
Sector: Administrative & support services
Investor take
Pursue
Asset-holding vehicle with a 63-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 63). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

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
5 officers (3 active, 5 linked, 2 with DOB)
78
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
65 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
80
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 · FRS 102
Positive net assets
Net assets £31,608
Net assets shrinking
Down £6,450 YoY
Cash YoY
+243%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£24k
↑ 243% YoY
Net Worth
£32k
↓ 17% YoY
Current Assets
£25k
↑ 172% YoY
Current Liabilities
—
£0£8k£15k£23k£30k£38kJan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-01-312024-01-31
Total assets£40.8k£50.3k
Current assets£24.6k£9.0k
Cash£24.1k£7.0k
Debtors£502£2.0k
Net assets£31.6k£38.1k

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

🔒Filing-note intelligence

2 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 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2025-07-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-10-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2024-10-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2024-10-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2024-05-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-04-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-10-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-06-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2020-12-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2019-06-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2018-06-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2018-01-10
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  13. 2018-01-10
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  14. 2017-08-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2016-10-05
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2003-01-08
    🏢
    Company incorporated
    As ALEXANDER WATT LIMITED
  17. 2003-01-08
    ➕
    WATT, Roselyn appointed
    secretary
  18. 2003-01-08
    ➕
    WATT, Alexander John appointed
    director
  19. 2003-01-08
    ➕
    WATT, Roselyn appointed
    director
  20. 2003-01-08
    ➕
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  21. 2003-01-08
    ➖
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  22. 2003-01-08
    ➕
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  23. 2003-01-08
    ➖
    STEPHEN MABBOTT LTD. resigned
    corporate-nominee-director

Owner dependency

99/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder name in company name: Company name contains director surname "WATT" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

86/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 23 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.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Alexander John Watt
Individual · British · DOB 05/1964 · age 62
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
Mrs Roselyn Watt
Individual · British · DOB 03/1963 · age 63
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016

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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 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
Incorporated2003-01-08
Jurisdictionscotland
Primary SIC78200 — Temporary employment agency activities

Registered office

52 Fraser Crescent
Inverallochy
Peterhead
Aberdeenshire
AB43 8YG

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-01-22
Last: 2026-01-08

Officers (3 active · 2 resigned)

WATT, Roselyn→
secretary · appointed 2003-01-08
View their other companies + combined net worth →
Active
WATT, Alexander John→
director · ~62y · appointed 2003-01-08
View their other companies + combined net worth →
Active
WATT, Roselyn→
director · ~63y · appointed 2003-01-08
View their other companies + combined net worth →
Active
BRIAN REID LTD.→
corporate-nominee-secretary · appointed 2003-01-08 · resigned 2003-01-08
Resigned
STEPHEN MABBOTT LTD.→
corporate-nominee-director · appointed 2003-01-08 · resigned 2003-01-08
Resigned

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

Recent filings (65 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-08
change-person-director-company-with-change-date
officers · CH01
2024-10-10
change-person-director-company-with-change-date
officers · CH01
2024-10-10
change-person-director-company-with-change-date
officers · CH01
2024-10-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-05
confirmation-statement-with-updates
confirmation-statement · CS01
2022-01-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-29
confirmation-statement-with-updates
confirmation-statement · CS01
2021-01-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-03