D & W MEGAMIX LTD.
Opportunity 80/100 (exceptional), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
Refinance opportunity
10 live charges · 6 lenders · oldest 18.8y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 18.8 years old — likely at or near maturity.
- · 6 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Average employees | 300 | 400 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
Corporate timeline (40 events)Click to expand
- 2025-04-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-09-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-11-29📄annual-return-company-with-made-up-dateannual-return · AR01
- 2023-11-21📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2023-11-21📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-11-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-11-21📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-11-16📄annual-return-company-with-made-up-dateannual-return · AR01
- 2023-10-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-11-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-12-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-11-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-11-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-07-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-06-25🔓Charge satisfied #5
- 2016-06-07🔓Charge satisfied #6
- 2016-06-07🔓Charge satisfied #4
- 2016-05-11🔒Charge registered #10Lender: Hsbc Bank PLC
- 2016-03-31🔒Charge registered #9Lender: Hsbc Bank PLC
- 2016-03-18🔒Charge registered #8Lender: Hsbc Invoice Finance (UK) LTD
- 2016-01-19🔒Charge registered #7Lender: Hsbc Bank PLC
- 2012-03-24🔓Charge satisfied #2
- 2011-10-01🔓Charge satisfied #1
- 2011-09-02🔓Charge satisfied #3
- 2011-07-21🔒Charge registered #6Lender: Lloyds Tsb Scotland PLC
- 2011-07-18🔒Charge registered #5Lender: Lloyds Tsb Commercial Finance Limited
- 2011-06-27🔒Charge registered #4Lender: Lloyds Tsb Scotland PLC
- 2008-05-27🔒Charge registered #3Lender: Rbs Invoice Finance Limited
- 2007-10-23🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 2007-07-24🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2007-02-22🏢Company incorporatedAs D & W MEGAMIX LTD.
- 2007-02-22➕WATT, Alison appointedsecretary
- 2007-02-22➕DUNCAN, Campbell Taylor appointeddirector
- 2007-02-22➕WATT, Alison appointeddirector
- 2007-02-22➕WATT, Iain appointeddirector
- 2007-02-22➕BRIAN REID LTD. appointedcorporate-secretary
- 2007-02-22➖BRIAN REID LTD. resignedcorporate-secretary
- 2007-02-22➕STEPHEN MABBOTT LTD. appointedcorporate-director
- 2007-02-22➖STEPHEN MABBOTT LTD. resignedcorporate-director
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Long-tenure founder: Senior director has been in place 19 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
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
- secondary12+ year tenure: Director in role 19 years.
- secondaryStable-but-static management: Company is 19 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
1 med ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Iain Watt Haulage Limited holds 25-50% — a significant corporate investor but not a controlling parent.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Iain Watt Haulage Limited Corporate entity | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
Mr Campbell Duncan Individual · British · DOB 05/1976 · age 50 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
2 historic (ceased) PSCs
- Mr Iain Wattceased 06/04/2016· significant influence
- Mrs Alison Wattceased 06/04/2016· significant influence
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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|---|---|---|---|---|---|---|---|
| ISLE OF ARRAN DISTILLERS LIMITED→ SC134963 · est 1991 | £9.19M £6.77M–£11.61M | — | — | 9300 | 34y | 85 | 93y |
| GRANT BROTHERS (MEAT CANNERS) LIMITED→ SC020934 · est 1939 | £5.62M £4.14M–£7.10M | — | — | 42 | 87y | 80 | 66y |
| LLDR ALEXANDRIA LTD→ SC187650 · est 1998 · no financials extracted | — | — | — | — | 27y | 83 | 74y |
| FOOD SCIENCE LIMITED→ SC352591 · est 2008 | — | — | £67.2k | — | 17y | 82 | 83y |
| ISLAND CHEESE COMPANY LIMITED→ SC122774 · est 1990 | — | — | £290.9k | — | 36y | 82 | 64y |
| LLDY ALEXANDRIA LTD→ SC140039 · est 1992 · no financials extracted | — | — | — | — | 33y | 82 | 74y |
| MCCALLUMS FOODS LIMITED→ SC209850 · est 2000 | — | — | — | 1200 | 25y | 82 | 63y |
| K K DRAUGHT DRINKS LIMITED→ SC298673 · est 2006 | — | — | £147.5k | — | 20y | 81 | 58y |
| ARRAN BREWERY PLC→ SC430232 · est 2012 · no financials extracted | — | — | — | — | 13y | 80 | 66y |
| ELMBRONZE LIMITED→ SC150540 · est 1994 | — | — | £311 | — | 31y | 80 | 74y |
| JMK MEAL PREP LTD LTD→ SC841914 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| LOCHLEA DISTILLING COMPANY LIMITED→ SC533717 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
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 →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
Registered office
Filing status
Officers (4 active · 2 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc Bank PLC | A registered charge | 1 property | 11/05/2016 | — | |
| outstanding | HSBC Hsbc Bank PLC | A registered charge | 1 property | 31/03/2016 | — | |
| outstanding | HSBC Hsbc Invoice Finance (UK) LTD | A registered charge | — | 18/03/2016 | — | |
| outstanding | HSBC Hsbc Bank PLC | A registered charge | 1 property | 19/01/2016 | — | |
| satisfied | Lloyds Banking Group Lloyds Tsb Scotland PLC | Standard security | 1 property | 21/07/2011 | 07/06/2016 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Commercial Finance Limited | Bond & floating charge | 1 property | 18/07/2011 | 25/06/2016 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Scotland PLC | Bond & floating charge | 1 property | 27/06/2011 | 07/06/2016 | |
| satisfied | NatWest Group Rbs Invoice Finance Limited | Floating charge | 1 property | 27/05/2008 | 02/09/2011 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 23/10/2007 | 24/03/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 24/07/2007 | 01/10/2011 |