LETTINGWEB LIMITED

🌳Matureactive
SC242085 · ltd · incorporated 2003-01-09
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 20.3y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£17.2k
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: Media representation services
Sector: Professional, scientific & technical
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 78/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

1 live charge · oldest 20.3y

65/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 20.3 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: high (82/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
12 officers (2 active, 12 linked, 7 with DOB)
82
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
106 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £17,221
Net assets shrinking
Down £33,468 YoY
Cash YoY
+446%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£16k
↑ 446% YoY
Net Worth
£17k
↓ 66% YoY
Current Assets
—
Current Liabilities
—
£0£10k£20k£30k£41k£51kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Cash£16.4k£3.0k
Net assets£17.2k£50.7k

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

🔒Filing-note intelligence

3 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
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (39 events)Click to expand
  1. 2026-03-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-03-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-03-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2019-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2018-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2018-06-29
    ➖
    SIBBALD, Steven Christopher resigned
    director
  10. 2018-06-29
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2017-12-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2017-04-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2017-04-01
    ➖
    MATTHEWS, Richard Andrew Hardie resigned
    director
  14. 2017-03-02
    📄
    capital-alter-shares-consolidation
    capital · SH02
  15. 2017-03-02
    📄
    capital-allotment-shares
    capital · SH01
  16. 2017-03-02
    📄
    capital-variation-of-rights-attached-to-shares
    capital · SH10
  17. 2017-03-02
    📄
    capital-name-of-class-of-shares
    capital · SH08
  18. 2016-11-01
    ➕
    MATTHEWS, Richard Andrew Hardie appointed
    director
  19. 2014-06-01
    ➕
    SIBBALD, Steven Christopher appointed
    director
  20. 2014-05-31
    ➖
    TIGAR, Steve resigned
    director
  21. 2012-02-06
    ➕
    TIGAR, Steve appointed
    director
  22. 2011-07-15
    ➖
    BROWN, Kevin Christie resigned
    secretary
  23. 2010-04-14
    ➕
    BROWN, Kevin Christie appointed
    secretary
  24. 2010-04-14
    ➖
    HBJGW SECRETARIAL LIMITED resigned
    corporate-secretary
  25. 2008-03-14
    ➕
    HBJGW SECRETARIAL LIMITED appointed
    corporate-secretary
  26. 2007-05-01
    ➖
    SF SECRETARIES LIMITED resigned
    corporate-secretary
  27. 2006-12-31
    ➖
    CHILTON, Elie resigned
    director
  28. 2006-07-28
    ➖
    GILHAM, Miles Oliver resigned
    director
  29. 2006-01-12
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  30. 2005-11-18
    ➕
    CHILTON, Elie appointed
    director
  31. 2005-08-17
    ➕
    CARLYLE, Douglas appointed
    director
  32. 2005-06-01
    ➕
    GILHAM, Miles Oliver appointed
    director
  33. 2003-03-01
    ➕
    WATTS, Justin Alexander appointed
    director
  34. 2003-03-01
    ➖
    BLP CREATIONS LIMITED resigned
    corporate-nominee-director
  35. 2003-03-01
    ➖
    BLP FORMATIONS LIMITED resigned
    corporate-nominee-director
  36. 2003-01-09
    🏢
    Company incorporated
    As LETTINGWEB LIMITED
  37. 2003-01-09
    ➕
    SF SECRETARIES LIMITED appointed
    corporate-secretary
  38. 2003-01-09
    ➕
    BLP CREATIONS LIMITED appointed
    corporate-nominee-director
  39. 2003-01-09
    ➕
    BLP FORMATIONS LIMITED appointed
    corporate-nominee-director

Owner dependency

68/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

66/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • 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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Justin Alexander Watts
Individual · British · DOB 08/1971 · age 55
75–100%
—75-100% shares06/04/2016

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
Incorporated2003-01-09
Jurisdictionscotland
Primary SIC73120 — Media representation services

Registered office

26 Dublin Street
Edinburgh
EH3 6NN

Filing status

Accounts
Next due: 2026-12-30
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-05-23
Last: 2025-05-09

Officers (2 active · 10 resigned)

CARLYLE, Douglas→
director · ~54y · appointed 2005-08-17
View their other companies + combined net worth →
Active
WATTS, Justin Alexander→
director · ~55y · appointed 2003-03-01
View their other companies + combined net worth →
Active
BROWN, Kevin Christie→
secretary · appointed 2010-04-14 · resigned 2011-07-15
Resigned
HBJGW SECRETARIAL LIMITED→
corporate-secretary · appointed 2008-03-14 · resigned 2010-04-14
Resigned
SF SECRETARIES LIMITED→
corporate-secretary · appointed 2003-01-09 · resigned 2007-05-01
Resigned
CHILTON, Elie→
director · ~80y · appointed 2005-11-18 · resigned 2006-12-31
Resigned
GILHAM, Miles Oliver→
director · ~62y · appointed 2005-06-01 · resigned 2006-07-28
Resigned
MATTHEWS, Richard Andrew Hardie→
director · ~44y · appointed 2016-11-01 · resigned 2017-04-01
Resigned
SIBBALD, Steven Christopher→
director · ~40y · appointed 2014-06-01 · resigned 2018-06-29
Resigned
TIGAR, Steve→
director · ~44y · appointed 2012-02-06 · resigned 2014-05-31
Resigned
BLP CREATIONS LIMITED→
corporate-nominee-director · appointed 2003-01-09 · resigned 2003-03-01
Resigned
BLP FORMATIONS LIMITED→
corporate-nominee-director · appointed 2003-01-09 · resigned 2003-03-01
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property12/01/2006—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (106 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-01-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-01-15