BACKHILL OF CULBIRNIE [2016] LTD

🏛️Establishedactive
SC550537 · ltd · incorporated 2016-11-17
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 Nov 2024
Net worth
£2.97M
book net assets
Opportunity
77/100
Strong
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What this business does
Primary activity: SIC 35110
Sector: Electricity, gas & energy
Investor take
Pursue
Asset-holding vehicle. Family succession underway — not a classic acquisition target.

Opportunity 77/100 (strong), bankability 75/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: high (84/100)

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
Confirmed no charges registered
85
Directors & officers
4 officers (4 active, 4 linked, 4 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
21 connected companies via shared directors
90
Filing history
25 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
65
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £2,966,972
Cash YoY
+148%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£1k
↑ 148% YoY
Net Worth
£3.0m
~ YoY
Current Assets
£3.0m
~ YoY
Current Liabilities
£0£594k£1.2m£1.8m£2.4m£3.0mNov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-11-302023-11-30
Total assets£2.97M£2.96M
Current assets£2.97M£2.97M
Cash£1.3k£543
Debtors£2.97M£2.97M
Net assets£2.97M£2.96M

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
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2025-08-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-08-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-06-07
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2023-06-06
    DUNCAN, Rachael Jenny Margaret appointed
    director
  5. 2023-06-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-08-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-08-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-08-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-08-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2018-11-23
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  11. 2018-11-23
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  12. 2018-08-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2018-05-11
    📄
    resolution
    resolution · RESOLUTIONS
  14. 2017-01-24
    📄
    capital-allotment-shares
    capital · SH01
  15. 2016-11-25
    FOWLIE, Alex William James appointed
    director
  16. 2016-11-25
    GREEN, David Alexander Skinner appointed
    director
  17. 2016-11-25
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2016-11-25
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2016-11-17
    🏢
    Company incorporated
    As BACKHILL OF CULBIRNIE [2016] LTD
  20. 2016-11-17
    DUNCAN, Alfred John appointed
    director
  21. 2016-11-17
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

63/100
High — earn-out structure required

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

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Founder age: Director aged approximately 84 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

20/100
No succession signal

No meaningful acquirability indicators from public data.

SIGNALS
  • primaryFamily succession underway: Not a takeover target — DUNCAN, Rachael Jenny Margaret (same surname) appointed 2023-06-06. Pattern consistent with intra-family handover.
  • primaryFounder aged 70+: Senior director is approximately 84 years old. Natural succession window is now.

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

Muirden Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Muirden Group Limited
Corporate parent · holds 75-100% shares
ultimate parent
BACKHILL OF CULBIRNIE [2016] LTD
This company · SC550537

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
Muirden Group Limited
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting30/04/2018
1 historic (ceased) PSC
  • Mr Alfred John Duncanceased 30/04/2018· 75-100% shares · 75-100% voting · board control

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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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
Incorporated2016-11-17
Jurisdictionscotland
Primary SIC35110 — SIC 35110

Registered office

Muirden
Turriff
Aberdeenshire
AB53 4NH
United Kingdom

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-11-30
Last: 2025-11-16

Officers (4 active · 0 resigned)

DUNCAN, Alfred John
director · ~84y · appointed 2016-11-17
View their other companies + combined net worth →
Active
DUNCAN, Rachael Jenny Margaret
director · ~34y · appointed 2023-06-06
View their other companies + combined net worth →
Active
FOWLIE, Alex William James
director · ~38y · appointed 2016-11-25
View their other companies + combined net worth →
Active
GREEN, David Alexander Skinner
director · ~59y · appointed 2016-11-25
View their other companies + combined net worth →
Active

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

Recent filings (25 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-20
appoint-person-director-company-with-name-date
officers · AP01
2023-06-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-08-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-11-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-08-27