SOLWAY HOLDINGS LTD
- · Oldest live charge 6.4y old — refinance window within 12 months
Opportunity 65/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (58/100).
Refinance opportunity
2 live charges · oldest 6.4y
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 6.4 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: high (82/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
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 | 2 | 200 |
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
- • 1 accounts
Corporate timeline (17 events)Click to expand
- 2025-12-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-04-02📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-04-02📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-11-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-05-13📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-02-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-01-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-12-23🔒Charge registered #2Lender: Hsbc UK Bank PLC
- 2019-12-18📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-12-12🔒Charge registered #1Lender: Hsbc UK Bank PLC
- 2019-03-18🏢Company incorporatedAs SOLWAY HOLDINGS LTD
- 2019-03-18➕MCCREADY, Duncan Campbell appointeddirector
- 2019-03-18➕MCCREADY, Laura Margaret appointeddirector
- 2019-03-18📄incorporation-companyincorporation · NEWINC
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +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 7 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Limited succession signal. Not a near-term off-market candidate.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 high ·Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2026-04-16
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Duncan Campbell Mccready Individual · British · DOB 07/1973 · age 53 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 18/03/2019 |
Mrs Laura Margaret Mccready Individual · British · DOB 07/1971 · age 55 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 18/03/2019 |
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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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 (2 active · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 23/12/2019 | — | |
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 12/12/2019 | — |