ITECH (SCOTLAND) LTD.
🌳Matureactive
SC413259 · ltd · incorporated 2011-12-15
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2025
Net worth
—
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: SIC 26512
Sector: Manufacturing
Investor take
PursueActive trading company. Family succession underway — not a classic acquisition target.
Opportunity 80/100 (exceptional), bankability 67/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. 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
3 live charges · 3 lenders · oldest 8.0y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 8.0 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: high (81/100)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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
10 officers (3 active, 10 linked, 7 with DOB)
84
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
8 connected companies via shared directors
69
Filing history
55 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.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Average employees | 3 | 700 |
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
4
filings
- • 1 accounts
- • 1 persons-with-significant-control
- • 1 confirmation-statement
Last 180 days
4
filings
- • 1 accounts
- • 1 persons-with-significant-control
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (42 events)Click to expand
- 2026-03-31📄accounts-with-accounts-type-smallaccounts · AA
- 2026-01-22📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2026-01-22📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2025-12-01➖CAMPBELL, Finlay James resignedsecretary
- 2025-03-07📄accounts-with-accounts-type-smallaccounts · AA
- 2024-06-28📄accounts-with-accounts-type-smallaccounts · AA
- 2023-08-18📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-08-17➕ARMOUR, David John appointeddirector
- 2023-07-28📄accounts-with-accounts-type-smallaccounts · AA
- 2023-06-16📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-06-16📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2023-06-03➕WELSH, Hugh appointeddirector
- 2023-06-03➕CAMPBELL, Finlay James appointedsecretary
- 2023-04-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-04-18🔒Charge registered #3Lender: Cynergy Business Finance Limited
- 2022-12-14📄accounts-with-accounts-type-smallaccounts · AA
- 2021-05-27📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-02-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-01-08➖MUTTER, Gary James resigneddirector
- 2020-09-14📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2020-09-14📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-09-14📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-09-14📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-09-14📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-09-14📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-09-14🔓Charge satisfied #2
- 2020-09-11➕WELSH, Martin James appointeddirector
- 2020-09-11➖MCCOMB, Christopher Robert resigneddirector
- 2020-09-11➕MUTTER, Gary James appointeddirector
- 2020-05-05🔓Charge satisfied #1
- 2020-04-29🔒Charge registered #2Lender: Bank of Scotland PLC
- 2018-05-04➖MCCARTNEY, Sheena resignedsecretary
- 2018-05-04➖MCCARTNEY, Ian resigneddirector
- 2018-05-04➕MCCOMB, Christopher Robert appointeddirector
- 2018-05-04🔒Charge registered #1Lender: Ian Mccartney
- 2011-12-15🏢Company incorporatedAs ITECH (SCOTLAND) LTD.
- 2011-12-15➕MCCARTNEY, Sheena appointedsecretary
- 2011-12-15➕BRIAN REID LTD. appointedcorporate-secretary
- 2011-12-15➖BRIAN REID LTD. resignedcorporate-secretary
- 2011-12-15➕MABBOTT, Stephen George appointeddirector
- 2011-12-15➖MABBOTT, Stephen George resigneddirector
- 2011-12-15➕MCCARTNEY, Ian appointeddirector
Owner dependency
66/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Senior director age: Director aged approximately 62 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Group structure
Itech (Troon) Ltd. is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Itech (Troon) Ltd.
Corporate parent · holds 75-100% shares · board control
⬇
ITECH (SCOTLAND) LTD.
This company · SC413259
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Itech (Troon) Ltd. Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 04/05/2018 |
1 historic (ceased) PSC
- Mr Ian Mccartneyceased 04/05/2018· 50-75% shares
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 · Manufacturing · KA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| C N GILBERT LTD→ SC465556 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| CHARGE ELECTRIC LTD→ SC631639 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| CLACHAIG CANDLES LTD→ SC776683 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| CLANNOS AI LTD→ SC855285 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CLYDEBUILT FITNESS EQUIPMENT LIMITED→ SC495477 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| COMPOSITE PROJECTS AND RESOURCES LIMITED→ SC474138 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| CORRINE SMITH DESIGN LTD→ SC515189 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| CRM JOINERS & BUILDERS LIMITED→ SC869036 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CULZEAN INNOVATIONS LTD.→ SC363963 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| CULZEAN MEDICAL LTD→ SC716746 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| CUSTOM KITS LIMITED→ SC605155 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| D A DUNLOP LTD→ SC747400 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
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
Incorporated2011-12-15
Jurisdictionscotland
Primary SIC26512 — SIC 26512
Registered office
3 Riverside Way
Riverside Business Park
Irvine
KA11 5DJ
Scotland
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-12-29
Last: 2025-12-15
Officers (3 active · 7 resigned)
ARMOUR, David John→
Activedirector · ~60y · appointed 2023-08-17
View their other companies + combined net worth →
Active
WELSH, Martin James→
Activedirector · ~62y · appointed 2020-09-11
View their other companies + combined net worth →
CAMPBELL, Finlay James→
Resignedsecretary · appointed 2023-06-03 · resigned 2025-12-01
MCCARTNEY, Sheena→
Resignedsecretary · appointed 2011-12-15 · resigned 2018-05-04
BRIAN REID LTD.→
Resignedcorporate-secretary · appointed 2011-12-15 · resigned 2011-12-15
MABBOTT, Stephen George→
Resigneddirector · ~76y · appointed 2011-12-15 · resigned 2011-12-15
MCCARTNEY, Ian→
Resigneddirector · ~68y · appointed 2011-12-15 · resigned 2018-05-04
MCCOMB, Christopher Robert→
Resigneddirector · ~53y · appointed 2018-05-04 · resigned 2020-09-11
MUTTER, Gary James→
Resigneddirector · ~60y · appointed 2020-09-11 · resigned 2021-01-08
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
1
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Cynergy Business Finance Cynergy Business Finance Limited | A registered charge | — | 18/04/2023 | — | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | — | 29/04/2020 | 14/09/2020 | |
| satisfied | Ian Mccartney / Sheena Mccartney | A registered charge | — | 04/05/2018 | 05/05/2020 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (55 total)
accounts-with-accounts-type-small
accounts · AA
2026-03-31
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2026-01-22
confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-22
termination-secretary-company-with-name-termination-date
officers · TM02
2026-01-22
accounts-with-accounts-type-small
accounts · AA
2025-03-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-20
accounts-with-accounts-type-small
accounts · AA
2024-06-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-25
appoint-person-director-company-with-name-date
officers · AP01
2023-08-18
accounts-with-accounts-type-small
accounts · AA
2023-07-28
appoint-person-director-company-with-name-date
officers · AP01
2023-06-16
appoint-person-secretary-company-with-name-date
officers · AP03
2023-06-16
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-04-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-22
accounts-with-accounts-type-small
accounts · AA
2022-12-14