HEATHLAND WF LIMITED

🌳Matureactive

SC399473 · ltd · incorporated 2011-05-13

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 11.0y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Jun 2024

Net worth

—

book net assets

Opportunity

72/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: SIC 35110

Sector: Electricity, gas & energy

Investor take

Pursue

Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 72/100 (strong), bankability 85/100. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

5 live charges · oldest 11.0y

85/100

ready

Refinance conversation should be productive — structure clean and timing right.

· Oldest live charge is 11.0 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (75/100)

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

1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed

Lenders & charges

5 charges (5/5 with lender, 5/5 with type)

Directors & officers

12 officers (2 active, 12 linked, 11 with DOB)

Ownership & PSC

0 active PSC(s) of 2 total, 2 with control declared

Director network

10 connected companies via shared directors

Filing history

78 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

72/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2024-06-30

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

filing

• 1 accounts

Last 90 days

filing

• 1 accounts

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (52 events)Click to expand

2026-04-01
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-10
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-03-04
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-27
📄
notification-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC08
2024-11-27
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-03-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-30
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-05-30
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-05-30
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-05-30
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-05-18
➕
ALI, Mohammed Raza appointed
director
2023-05-18
➕
MALESEVIC, Zorica appointed
director
2023-05-18
➖
DEVON-LOWE, Karl Phillip resigned
director
2023-05-18
➖
MORGAN, William Laugharne resigned
director
2023-03-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-22
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-06-09
📄
memorandum-articles
incorporation · MA
2020-06-08
📄
resolution
resolution · RESOLUTIONS
2020-05-27
📄
change-account-reference-date-company-current-shortened
accounts · AA01
2020-04-09
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2020-04-09
📄
appoint-person-director-company-with-name-date
officers · AP01
2020-04-09
📄
termination-director-company-with-name-termination-date
officers · TM01
2020-04-08
➖
26GS (SECRETARIES) LIMITED resigned
corporate-secretary
2020-04-08
➖
BAGARIA, Ambika resigned
director
2020-04-08
➖
BAGARIA, Jayshree, Dr resigned
director
2020-04-08
➕
DEVON-LOWE, Karl Phillip appointed
director
2020-04-08
➕
MORGAN, William Laugharne appointed
director
2020-04-08
➖
WALKER, Christopher John resigned
director
2020-02-21
🔓
Charge satisfied #5
2020-02-21
🔓
Charge satisfied #4
2020-02-21
🔓
Charge satisfied #3
2020-02-21
🔓
Charge satisfied #2
2020-02-21
🔓
Charge satisfied #1
2015-05-05
➕
BAGARIA, Ambika appointed
director
2015-05-05
➕
BAGARIA, Jayshree, Dr appointed
director
2015-04-28
🔒
Charge registered #5
Lender: Close Leasing Limited
2015-04-28
🔒
Charge registered #4
Lender: Close Leasing Limited
2015-04-17
🔒
Charge registered #3
Lender: Close Leasing Limited
2015-04-17
🔒
Charge registered #2
Lender: Close Leasing Limited
2015-04-17
🔒
Charge registered #1
Lender: Close Leasing Limited
2014-12-01
➖
BAGARIA, Ambika resigned
director
2014-12-01
➖
BAGARIA, Jayshree resigned
director
2014-10-28
➕
26GS (SECRETARIES) LIMITED appointed
corporate-secretary
2013-04-10
➕
BAGARIA, Jayshree appointed
director
2013-04-10
➖
BAGARIA, Jayshree resigned
director
2012-10-02
➕
BAGARIA, Ambika appointed
director
2012-10-02
➕
BAGARIA, Jayshree appointed
director
2011-09-13
➖
KENNEDY, Bryan Ross resigned
director
2011-09-12
➕
WALKER, Christopher John appointed
director

Showing most recent 50 of 52 events

Owner dependency

58/100

Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

36/100

Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS

secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 med ·

Charge satisfaction-then-recreation pattern

medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

🔒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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ML1 SERVICES LTD→ SC744713 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
NATURAL FORCE LTD→ SC454999 · est 2013 · no financials extracted	—	—	—	—	12y	—	—
NIVLAC MAINTENANCE LIMITED→ SC816841 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
OPTIMO WASTE LTD→ SC836377 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
PAX FOSTER LIMITED→ SC798894 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
PHILIPHAUGH HYDRO LIMITED→ SC398239 · est 2011 · no financials extracted	—	—	—	—	14y	—	—
POWER FACTOR SCOTLAND LTD→ SC282828 · est 2005 · no financials extracted	—	—	—	—	21y	—	—
PROACTIVE ENERGY LIMITED→ SC351381 · est 2008 · no financials extracted	—	—	—	—	17y	—	—
PURE ALCHEMI LTD→ SC814162 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
QUIKLAY CONTRACTS LIMITED→ SC558156 · est 2017 · no financials extracted	—	—	—	—	9y	—	—
R&G REMOVALS LIMITED→ SC843939 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
RADIANT 13 RECYCLING LTD→ SC782378 · est 2023 · no financials extracted	—	—	—	—	2y	—	—

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

Incorporated2011-05-13

Jurisdictionscotland

Primary SIC35110 — SIC 35110

Registered office

Office 2/3 2nd Floor

48 West George Street

Glasgow

G2 1BP

Scotland

Filing status

Accounts

Next due: 2027-03-31

Last made up to: 2025-06-30

Confirmation statement

Next due: 2026-05-27

Last: 2025-05-13

Officers (2 active · 10 resigned)

ALI, Mohammed Raza→

director · ~45y · appointed 2023-05-18

View their other companies + combined net worth →

Active

MALESEVIC, Zorica→

director · ~45y · appointed 2023-05-18

View their other companies + combined net worth →

Active

26GS (SECRETARIES) LIMITED→

corporate-secretary · appointed 2014-10-28 · resigned 2020-04-08

Resigned

BAGARIA, Ambika→

director · ~42y · appointed 2015-05-05 · resigned 2020-04-08

Resigned

BAGARIA, Ambika→

director · ~42y · appointed 2012-10-02 · resigned 2014-12-01

Resigned

BAGARIA, Jayshree, Dr→

director · ~48y · appointed 2015-05-05 · resigned 2020-04-08

Resigned

BAGARIA, Jayshree→

director · ~48y · appointed 2013-04-10 · resigned 2013-04-10

Resigned

BAGARIA, Jayshree→

director · ~48y · appointed 2012-10-02 · resigned 2014-12-01

Resigned

DEVON-LOWE, Karl Phillip→

director · ~61y · appointed 2020-04-08 · resigned 2023-05-18

Resigned

KENNEDY, Bryan Ross→

director · ~61y · appointed 2011-05-13 · resigned 2011-09-13

Resigned

MORGAN, William Laugharne→

director · ~51y · appointed 2020-04-08 · resigned 2023-05-18

Resigned

WALKER, Christopher John→

director · ~62y · appointed 2011-09-12 · resigned 2020-04-08

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:5 of 5 shown

		Type	Properties
satisfied	Close Leasing Close Leasing Limited	A registered charge	2 properties	28/04/2015	21/02/2020
satisfied	Close Leasing Close Leasing Limited	A registered charge	3 properties	28/04/2015	21/02/2020
satisfied	Close Leasing Close Leasing Limited	A registered charge	—	17/04/2015	21/02/2020
satisfied	Close Leasing Close Leasing Limited	A registered charge	—	17/04/2015	21/02/2020
satisfied	Close Leasing Close Leasing Limited	A registered charge	—	17/04/2015	21/02/2020

Recent filings (78 total)

accounts-with-accounts-type-total-exemption-full

accounts · AA

2026-04-01

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2025-06-10

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-05-23

accounts-with-accounts-type-total-exemption-full

accounts · AA

2025-03-04

notification-of-a-person-with-significant-control-statement

persons-with-significant-control · PSC08

2024-11-27

cessation-of-a-person-with-significant-control

persons-with-significant-control · PSC07

2024-11-27

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-05-23

accounts-with-accounts-type-total-exemption-full

accounts · AA

2024-03-25

termination-director-company-with-name-termination-date

officers · TM01

2023-05-30

termination-director-company-with-name-termination-date

officers · TM01

2023-05-30

appoint-person-director-company-with-name-date

officers · AP01

2023-05-30

appoint-person-director-company-with-name-date

officers · AP01

2023-05-30

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-05-25

accounts-with-accounts-type-total-exemption-full

accounts · AA

2023-03-30

accounts-with-accounts-type-total-exemption-full

accounts · AA

2022-06-22