ORKNEY BUILDERS LIMITED

🌳Matureactive
SC022960 · ltd · incorporated 1944-10-07
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jul 2025
Net worth
—
book net assets
Opportunity
77/100
Strong
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)
Distressed property-backed borrower — structural issues outweigh the discount.

Opportunity 77/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

4 live charges · 4 lenders · oldest 61.1y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 61.1 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Legal-friction score 35/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (69/100)

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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
9 officers (4 active, 9 linked, 7 with DOB)
86
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
111 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Jul 2024Jul 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-07-312024-07-31

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

Recent activity

Last 30 days
1
filing
  • • 1 accounts
Last 90 days
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (35 events)Click to expand
  1. 2026-04-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2025-04-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2024-05-30
    ➖
    FIRTH, John resigned
    director
  4. 2024-05-30
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2024-05-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2024-04-28
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2023-04-26
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2022-05-03
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2021-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2020-07-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2019-06-01
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2019-05-31
    ➖
    BAIN, Heather Barbara resigned
    director
  13. 2019-03-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2018-12-19
    📄
    capital-statement-capital-company-with-date-currency-figure
    capital · SH19
  15. 2018-12-14
    ➕
    FIRTH, Yvonne Margaret appointed
    director
  16. 2018-12-14
    ➕
    HURLOCK, Alison appointed
    director
  17. 2018-12-14
    ➕
    FIRTH, John appointed
    director
  18. 2018-12-14
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2018-12-14
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  20. 2018-12-14
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  21. 2018-12-10
    📄
    legacy
    capital · SH20
  22. 2018-12-10
    ⚠️
    legacy
    insolvency · CAP-SS
  23. 2018-12-10
    📄
    resolution
    resolution · RESOLUTIONS
  24. 2014-02-15
    ➕
    CRAIGIE, Susan Anne appointed
    secretary
  25. 2014-02-15
    ➖
    FIRTH, Leslie Rae resigned
    secretary
  26. 2014-02-15
    ➖
    FIRTH, Leslie Rae resigned
    director
  27. 1999-07-16
    🔓
    Charge satisfied #2
  28. 1999-02-18
    🔒
    Charge registered #5
    Lender: Scottish Homes
  29. 1999-02-18
    🔒
    Charge registered #4
    Lender: Orkney Islands Council
  30. 1999-02-01
    ➕
    CRAIGIE, Susan Anne appointed
    director
  31. 1999-02-01
    ➕
    BAIN, Heather Barbara appointed
    director
  32. 1998-11-14
    ➖
    FIRTH, Eoin James resigned
    director
  33. 1966-02-16
    🔒
    Charge registered #2
    Lender: National Commercial Bank of Scotland LTD
  34. 1965-04-02
    🔒
    Charge registered #1
    Lender: National Commercial Bank of Scotland Limited
  35. 1944-10-07
    🏢
    Company incorporated
    As ORKNEY BUILDERS LIMITED

Owner dependency

68/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Long-tenure founder: Senior director has been in place 27 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.

Succession & seller-readiness

70/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
  • primary20+ year tenure: Director in role 27 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 82 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 high ·
1 insolvency-related filing on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2018-12-10: legacy

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———018y8364y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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 →
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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.

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Company details

Statusactive
Typeltd
Incorporated1944-10-07
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate

Registered office

Carinya
New Scapa Road
Kirkwall
Orkney
KW15 1BN
Scotland

Filing status

Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-05-31
Last: 2025-05-17

Officers (4 active · 5 resigned)

CRAIGIE, Susan Anne→
secretary · appointed 2014-02-15
View their other companies + combined net worth →
Active
CRAIGIE, Susan Anne→
director · ~51y · appointed 1999-02-01
View their other companies + combined net worth →
Active
FIRTH, Yvonne Margaret→
director · ~59y · appointed 2018-12-14
View their other companies + combined net worth →
Active
HURLOCK, Alison→
director · ~61y · appointed 2018-12-14
View their other companies + combined net worth →
Active
FIRTH, Leslie Rae→
secretary · resigned 2014-02-15
Resigned
BAIN, Heather Barbara→
director · ~83y · appointed 1999-02-01 · resigned 2019-05-31
Resigned
FIRTH, Eoin James→
director · ~88y · resigned 1998-11-14
Resigned
FIRTH, John→
director · ~60y · appointed 2018-12-14 · resigned 2024-05-30
Resigned
FIRTH, Leslie Rae→
director · ~93y · resigned 2014-02-15
Resigned

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

Mortgages & charges

4
Total charges
3
Outstanding
3
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
Scottish Homes
Standard security1 property18/02/1999—
outstanding
Orkney Islands Council
Standard security1 property18/02/1999—
satisfied
Lloyds Banking Group
National Commercial Bank of Scotland LTD
Floating charge1 property16/02/196616/07/1999
outstanding
Lloyds Banking Group
National Commercial Bank of Scotland Limited
Assignation1 property02/04/1965—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (111 total)

accounts-with-accounts-type-dormant
accounts · AA
2026-04-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-31
accounts-with-accounts-type-dormant
accounts · AA
2025-04-30
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-05-30
termination-director-company-with-name-termination-date
officers · TM01
2024-05-30
accounts-with-accounts-type-dormant
accounts · AA
2024-04-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-01
accounts-with-accounts-type-dormant
accounts · AA
2023-04-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-21
accounts-with-accounts-type-dormant
accounts · AA
2022-05-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-20
accounts-with-accounts-type-micro-entity
accounts · AA
2021-04-30
accounts-with-accounts-type-dormant
accounts · AA
2020-07-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-05-31