A.W.GAS LTD
🏛️Establishedactive
SC587588 · ltd · incorporated 2018-02-02
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 Feb 2025
Net worth
£51.3k
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: Plumbing, heat and air-conditioning installation
Sector: Construction
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 72/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).
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
2 officers (2 active, 2 linked, 2 with DOB)
90
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
17 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £51,343
Net assets shrinking
Down £20,881 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£51k
↓ 29% YoY
Current Assets
£90k
↓ 19% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-02-28 | 2024-02-28 |
|---|---|---|
| Total assets | £67.3k | £92.2k |
| Current assets | £89.7k | £110.4k |
| Net assets | £51.3k | £72.2k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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 (12 events)Click to expand
- 2025-11-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-11-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-11-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-11-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-11-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-01-06📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-01-05➕WELSH, Natalie appointeddirector
- 2020-12-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-11-01📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-02-02🏢Company incorporatedAs A.W.GAS LTD
- 2018-02-02➕WELSH, Andrew appointeddirector
- 2018-02-02📄incorporation-companyincorporation · NEWINC
Owner dependency
71/100
High — earn-out structure requiredMaterial 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.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 8 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
36/100
Weak signalLimited 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
cleanNo 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Natalie Welsh Individual · Scottish · DOB 10/1974 · age 52 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 02/02/2018 |
Mr Andrew Welsh Individual · Scottish · DOB 06/1973 · age 53 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 02/02/2018 |
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
Active · Construction · TD postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1ST CARPENTRY PORTSMOUTH LTD→ 16197203 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 3 CORE ELECTRICAL LIMITED→ 07312465 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| A H DEVELOPMENTS (BERWICK UPON TWEED) LTD→ 10220384 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| A. & K. HENRY LIMITED→ SC311191 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| A.C CIVILS & CONCRETE LTD→ SC846854 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| A1 ECO SOLUTIONS LTD→ 08697138 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| A4 DECORATING LIMITED→ 16249500 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ABBOTSFORD HOMES LIMITED→ SC223183 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| AEGIR DEVELOPMENTS LIMITED→ 11384672 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| AINSLIE ELECTRICAL CONTRACTORS LIMITED→ 14105048 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| AITCHISON ROOFING & JOINERY LTD→ SC880283 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AITCHISONROPEACCESS LTD→ SC881508 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2018-02-02
Jurisdictionscotland
Primary SIC43220 — Plumbing, heat and air-conditioning installation
Registered office
Ferneylea
Cockburnspath
East Lothian
TD13 5YN
United Kingdom
Filing status
Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-02-15
Last: 2026-02-01
Officers (2 active · 0 resigned)
WELSH, Andrew→
Activedirector · ~53y · appointed 2018-02-02
View their other companies + combined net worth →
WELSH, Natalie→
Activedirector · ~52y · appointed 2021-01-05
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (17 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-23
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-17
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-19
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-16
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-17
accounts-with-accounts-type-micro-entity
accounts · AA
2021-11-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-15
appoint-person-director-company-with-name-date
officers · AP01
2021-01-06
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-02-16
accounts-with-accounts-type-dormant
accounts · AA
2019-11-01