FRESWICK CASTLE LTD

🌳Matureactive
SC319845 · ltd · incorporated 2007-03-28
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£100
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pursue
Asset-holding vehicle with a 73-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 73). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (79/100)

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
4 officers (4 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
46 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 · accounting standard not declared
Positive net assets
Net assets £100
Cash YoY
+0%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£100
~ YoY
Net Worth
£100
~ YoY
Current Assets
—
Current Liabilities
—
£0£20£40£60£80£100Mar 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
Total assets£100£100
Cash£100£100
Net assets£100£100

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

🔒Filing-note intelligence

1 signal 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 confirmation-statement
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2025-12-09
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-07-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2024-04-15
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2024-04-05
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  5. 2024-04-05
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  6. 2024-04-03
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  7. 2024-04-03
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  8. 2023-07-11
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2022-07-05
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2021-07-01
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2020-12-10
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2019-04-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2018-06-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2017-06-06
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2016-05-13
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  16. 2007-03-28
    🏢
    Company incorporated
    As FRESWICK CASTLE LTD
  17. 2007-03-28
    ➕
    WATTS, Ian Murray appointed
    secretary
  18. 2007-03-28
    ➕
    WATTS, Fionn Paul Oliver appointed
    director
  19. 2007-03-28
    ➕
    WATTS, Ian Murray appointed
    director
  20. 2007-03-28
    ➕
    WATTS, Tobias Owain Thomas appointed
    director

Owner dependency

83/100
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
  • +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 73 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

83/100
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 73 years old. Natural succession window is now.
  • 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

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 Ian Murray Watts
Individual · Scottish · DOB 04/1953 · age 73
75–100%
—75-100% shares27/03/2024
3 historic (ceased) PSCs
  • Mr Murray Ian Wattsceased 27/03/2024· 75-100% shares
  • Mr Oliver Paul Fionn Wattsceased 27/03/2024· significant influence
  • Mr Thomas Owain Tobias Wattsceased 27/03/2024· significant influence

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 →

Similar companies

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CAITHNESS & SUTHERLAND VINTAGE & CLASSIC VEHICLE CLUB LTD→
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——£11.1k—39y8191y
LIFE CHURCH ORKNEY LIMITED→
SC256703 · est 2003 · no financials extracted
————22y8179y
ORKNEY RENEWABLE ENERGY FORUM→
SC287437 · est 2005
———100020y8174y
ORKNEY TODAY LIMITED→
SC253080 · est 2003
———022y8175y
ORKNEY VINTAGE CLUB→
SC244947 · est 2003
——£25.7k—23y8183y
ROUSAY, EGILSAY AND WYRE DEVELOPMENT TRUST→
SC318527 · est 2007 · no financials extracted
————19y8178y
STROMNESS COMMUNITY DEVELOPMENT TRUST→
SC305725 · est 2006
———110019y8169y
AWS RENEWABLES LTD→
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——£100—17y8070y
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——£100—15y8072y
ESSENTIAL INTERIORS LIMITED→
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————30y8068y
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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
Incorporated2007-03-28
Jurisdictionscotland
Primary SIC99999 — SIC 99999

Registered office

Freswick Castle
Freswick
Wick
KW1 4XX
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-11
Last: 2026-03-28

Officers (4 active · 0 resigned)

WATTS, Ian Murray→
secretary · appointed 2007-03-28
View their other companies + combined net worth →
Active
WATTS, Fionn Paul Oliver→
director · ~41y · appointed 2007-03-28
View their other companies + combined net worth →
Active
WATTS, Ian Murray→
director · ~73y · appointed 2007-03-28
View their other companies + combined net worth →
Active
WATTS, Tobias Owain Thomas→
director · ~38y · appointed 2007-03-28
View their other companies + combined net worth →
Active

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

Recent filings (46 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-14
accounts-with-accounts-type-dormant
accounts · AA
2025-12-09
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-17
accounts-with-accounts-type-dormant
accounts · AA
2024-07-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-04-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-05
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-04-05
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-04-05
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-04-03
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-04-03
accounts-with-accounts-type-dormant
accounts · AA
2023-07-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-11
accounts-with-accounts-type-dormant
accounts · AA
2022-07-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-28
accounts-with-accounts-type-dormant
accounts · AA
2021-07-01