CAITHNESS ENGINEERING SERVICES LIMITED
🏛️Establishedactive
SC573799 · ltd · incorporated 2017-08-15
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 Aug 2024
Net worth
£-67.3k
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: Engineering design activities for industrial process and production
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 76/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
Data confidence
Overall: medium (72/100)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
Confirmed no charges registered
85
Directors & officers
7 officers (4 active, 7 linked, 7 with DOB)
90
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
5 connected companies via shared directors
60
Filing history
25 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
70
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 · FRS 105 (micro)Negative net assets
Liabilities exceed assets by £67,309
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£67k
↓ 19% YoY
Current Assets
£4k
↓ 36% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2024-08-31 | 2023-08-31 |
|---|---|---|
| Total assets | £-43.9k | £-33.4k |
| Current assets | £4.4k | £6.8k |
| Net assets | £-67.3k | £-56.4k |
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
0
filings
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
- 2025-05-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-05-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-05-05📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-05-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-05-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-08-21📄change-person-director-company-with-change-dateofficers · CH01
- 2020-08-21📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-06-03📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-08-20📄appoint-person-director-company-with-name-dateofficers · AP01
- 2019-08-20📄capital-allotment-sharescapital · SH01
- 2019-08-20📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-08-20📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-05-08📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-03-30➕SUTHERLAND, Kenny Iain appointeddirector
- 2019-01-30➖CORMACK, Andrew George resigneddirector
- 2018-08-08➖RITCHIE, Walter Paterson resigneddirector
- 2018-02-14📄capital-return-purchase-own-sharescapital · SH03
- 2018-01-31📄capital-cancellation-sharescapital · SH06
- 2018-01-19📄termination-director-company-with-name-termination-dateofficers · TM01
- 2017-11-21➖MACLEOD, Ivan Alexander resigneddirector
- 2017-08-15🏢Company incorporatedAs CAITHNESS ENGINEERING SERVICES LIMITED
- 2017-08-15➕CROWDEN, John appointeddirector
- 2017-08-15➕MALCOLM, John Miller appointeddirector
- 2017-08-15➕ROBERTSON, Graham Thomson appointeddirector
- 2017-08-15➕CORMACK, Andrew George appointeddirector
- 2017-08-15➕MACLEOD, Ivan Alexander appointeddirector
- 2017-08-15➕RITCHIE, Walter Paterson appointeddirector
- 2017-08-15📄incorporation-companyincorporation · NEWINC
Owner dependency
48/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Senior director age: Director aged approximately 59 — approaching natural succession window.
Succession & seller-readiness
40/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
🔒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
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|---|---|---|---|---|---|---|---|
| HCR RIGGING LTD→ SC810444 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| HERNE SERVICES LTD→ SC812200 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| MILLR LIMITED→ SC459335 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| MUNRO'S GARAGE (ORKNEY) LIMITED→ SC554951 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| NORSE V3 LTD→ SC750958 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| NPS NORTH LTD→ SC830130 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ORKNEY BUSINESS RING - LABOUR AGENCY LIMITED→ SC306037 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| ORKNEY INFLATABLES LTD→ SC622238 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| ORKNEY SUSTAINABLE ENERGY LIMITED→ SC160432 · est 1995 · no financials extracted | — | — | — | — | 30y | — | — |
| RASSTECH LIMITED→ SC526970 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| RBC ACCESS LTD→ SC604095 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| REID & FRASER LTD.→ SC194713 · est 1999 · no financials extracted | — | — | — | — | 27y | — | — |
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
Incorporated2017-08-15
Jurisdictionscotland
Primary SIC71121 — Engineering design activities for industrial process and production
Registered office
9 Miller Street
Wick
Caithness
KW1 5EG
Scotland
Filing status
Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-08-28
Last: 2025-08-14
Officers (4 active · 3 resigned)
CROWDEN, John→
Activedirector · ~59y · appointed 2017-08-15
View their other companies + combined net worth →
MALCOLM, John Miller→
Activedirector · ~53y · appointed 2017-08-15
View their other companies + combined net worth →
ROBERTSON, Graham Thomson→
Activedirector · ~50y · appointed 2017-08-15
View their other companies + combined net worth →
SUTHERLAND, Kenny Iain→
Activedirector · ~37y · appointed 2019-03-30
View their other companies + combined net worth →
CORMACK, Andrew George→
Resigneddirector · ~50y · appointed 2017-08-15 · resigned 2019-01-30
MACLEOD, Ivan Alexander→
Resigneddirector · ~55y · appointed 2017-08-15 · resigned 2017-11-21
RITCHIE, Walter Paterson→
Resigneddirector · ~63y · appointed 2017-08-15 · resigned 2018-08-08
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
2025-08-28
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-23
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-28
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-29
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-20
accounts-with-accounts-type-micro-entity
accounts · AA
2021-05-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-08-21
change-person-director-company-with-change-date
officers · CH01
2020-08-21
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-08-21
accounts-with-accounts-type-micro-entity
accounts · AA
2020-06-03
confirmation-statement-with-updates
confirmation-statement · CS01
2019-08-20