CIB STORNOWAY LIMITED

🌳Matureactive
SC324916 · ltd · incorporated 2007-06-05
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 15.6y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2025
Net worth
£108.0k
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: Accounting and auditing activities
Sector: Professional, scientific & technical
Investor take
Pursue
Active trading company with a 72-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 80/100. Strong seller-intent signal (68/100, director aged 72). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 15.6y

65/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 15.6 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 33/100 — workable, but lender will want more DD.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
8 officers (2 active, 8 linked, 6 with DOB)
85
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
62 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
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £107,967
Very low cash
Cash position: £50

Key financials

2 years extracted from filed iXBRL accounts
Cash
£50
Net Worth
£108k
↑ 16% YoY
Current Assets
£190k
↓ 26% YoY
Current Liabilities
—
£0£51k£102k£154k£205k£256kJun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-06-302024-06-30
Total assets£108.8k£103.8k
Current assets£190.1k£255.9k
Cash£50—
Debtors£164.8k£192.7k
Net assets£108.0k£92.9k

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
1
filing
  • • 1 accounts
Last 90 days
1
filing
  • • 1 accounts
Last 180 days
3
filings
  • • 2 persons-with-significant-control
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (35 events)Click to expand
  1. 2026-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-11-07
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  3. 2025-11-06
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  4. 2025-08-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2025-08-30
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2025-08-30
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2025-08-30
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  8. 2025-08-11
    ➖
    MACASKILL, Allan George resigned
    director
  9. 2025-08-08
    ➕
    CUNNINGHAM, Roderick appointed
    director
  10. 2025-08-08
    ➕
    MOFFAT, John Eskdale appointed
    director
  11. 2025-06-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2025-06-18
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  13. 2025-06-18
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  14. 2025-03-19
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  15. 2025-03-19
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2025-02-24
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  17. 2025-02-22
    ➖
    MACDONALD, Calum resigned
    secretary
  18. 2025-02-22
    ➖
    MACDONALD, Calum resigned
    director
  19. 2025-02-19
    ➕
    MACASKILL, Allan George appointed
    director
  20. 2024-12-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  21. 2024-10-31
    ➖
    MACASKILL, Allan George resigned
    director
  22. 2024-03-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  23. 2023-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  24. 2022-03-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  25. 2021-05-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  26. 2020-03-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  27. 2010-09-02
    🔒
    Charge registered #1
    Lender: Bank of Scotland PLC
  28. 2010-07-07
    ➖
    MACMILLAN, Murdo Alexander resigned
    director
  29. 2007-06-05
    🏢
    Company incorporated
    As CIB STORNOWAY LIMITED
  30. 2007-06-05
    ➕
    MACDONALD, Calum appointed
    secretary
  31. 2007-06-05
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  32. 2007-06-05
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  33. 2007-06-05
    ➕
    MACASKILL, Allan George appointed
    director
  34. 2007-06-05
    ➕
    MACDONALD, Calum appointed
    director
  35. 2007-06-05
    ➕
    MACMILLAN, Murdo Alexander appointed
    director

Owner dependency

73/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder age: Director aged approximately 72 — succession pressure is live.

Succession & seller-readiness

66/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 72 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Hs1 Accountancy Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Hs1 Accountancy Ltd
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
CIB STORNOWAY LIMITED
This company · SC324916

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Hs1 Accountancy Ltd
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control08/08/2025
2 historic (ceased) PSCs
  • Mr Allan George Macaskillceased 08/08/2025· 75-100% shares · 75-100% voting
  • Mr Calum Macdonaldceased 22/02/2025· 50-75% shares · 50-75% voting

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 →

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SC344167 · est 2008
——£203.7k—17y8070y
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——£12.0k—18y8065y
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——£28.8k—17y8070y
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——£18.1k—18y8073y
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JUST QUIETLY LTD→
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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
Incorporated2007-06-05
Jurisdictionscotland
Primary SIC69201 — Accounting and auditing activities

Registered office

63 Kenneth Street
Stornoway
Isle Of Lewis
HS1 2DS

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-06-19
Last: 2025-06-05

Officers (2 active · 6 resigned)

CUNNINGHAM, Roderick→
director · ~72y · appointed 2025-08-08
View their other companies + combined net worth →
Active
MOFFAT, John Eskdale→
director · ~53y · appointed 2025-08-08
View their other companies + combined net worth →
Active
MACDONALD, Calum→
secretary · appointed 2007-06-05 · resigned 2025-02-22
Resigned
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 2007-06-05 · resigned 2007-06-05
Resigned
MACASKILL, Allan George→
director · ~70y · appointed 2025-02-19 · resigned 2025-08-11
Resigned
MACASKILL, Allan George→
director · ~70y · appointed 2007-06-05 · resigned 2024-10-31
Resigned
MACDONALD, Calum→
director · ~62y · appointed 2007-06-05 · resigned 2025-02-22
Resigned
MACMILLAN, Murdo Alexander→
director · ~74y · appointed 2007-06-05 · resigned 2010-07-07
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Lloyds Banking Group
Bank of Scotland PLC
Floating charge1 property02/09/2010—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (62 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-31
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-11-07
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-11-06
termination-director-company-with-name-termination-date
officers · TM01
2025-08-30
change-person-director-company-with-change-date
officers · CH01
2025-08-30
appoint-person-director-company-with-name-date
officers · AP01
2025-08-30
appoint-person-director-company-with-name-date
officers · AP01
2025-08-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-27
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-18
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-06-18
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-06-18
termination-secretary-company-with-name-termination-date
officers · TM02
2025-03-19
termination-director-company-with-name-termination-date
officers · TM01
2025-03-19
appoint-person-director-company-with-name-date
officers · AP01
2025-02-24
termination-director-company-with-name-termination-date
officers · TM01
2024-12-03