ORBITAL MARINE POWER (ORKNEY) PLC
🏛️Establishedactive
SC609187 · plc · incorporated 2018-09-26
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 Dec 2023
Net worth
—
book net assets
Opportunity
70/100
Strong
What this business does
Primary activity: SIC 35110
Sector: Electricity, gas & energy
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 70/100 (strong), bankability 57/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (63/100).
🏦
Refinance opportunity
6 live charges · 3 lenders · oldest 6.8y
25/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 6.8 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.
- · Not currently profitable — coverage conversation is a harder sell.
Data confidence
Overall: medium (75/100)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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
4 officers (4 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
11 connected companies via shared directors
78
Filing history
41 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Loss-making
Loss before tax £1,803,239
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2023-12-31 |
|---|---|
| Profit before tax | £-1.80M |
| Average employees | 0 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals 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 accounts
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
- 2025-12-31📄accounts-with-accounts-type-fullaccounts · AA
- 2025-09-03📄gazette-filings-brought-up-to-dategazette · DISS40
- 2025-09-02📄gazette-notice-compulsorygazette · GAZ1
- 2024-06-27📄accounts-with-accounts-type-fullaccounts · AA
- 2023-06-30📄accounts-with-accounts-type-fullaccounts · AA
- 2022-08-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2022-08-18📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-08-18📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-08-18🔓Charge satisfied #2
- 2022-08-18🔓Charge satisfied #1
- 2022-08-10📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-07-18📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-07-18📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-07-18📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2022-07-15📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-07-12📄capital-allotment-sharescapital · SH01
- 2022-07-11📄accounts-with-accounts-type-fullaccounts · AA
- 2022-07-11📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2022-07-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-06-30🔒Charge registered #6Lender: Abundance Security Trustee LTD (As Security Trustee)
- 2022-06-30🔒Charge registered #5Lender: Abundance Security Trustee LTD (As Security Trustee)
- 2022-06-30🔒Charge registered #4Lender: Abundance Security Trustee LTD
- 2022-06-30🔒Charge registered #3Lender: Scottish Investments Limited
- 2021-07-01📄accounts-with-accounts-type-fullaccounts · AA
- 2020-09-25📄change-person-director-company-with-change-dateofficers · CH01
- 2019-07-09🔒Charge registered #2Lender: Abundance Security Trustee LTD (As Security Trustee)
- 2019-07-09🔒Charge registered #1Lender: Abundance Security Trustee LTD (As Security Trustee)
- 2019-05-30➕GEORGE, Sian Lee, Dr appointeddirector
- 2018-09-26🏢Company incorporatedAs ORBITAL MARINE POWER (ORKNEY) PLC
- 2018-09-26➕MILNE, Christopher David appointedsecretary
- 2018-09-26➕MILNE, Christopher David appointeddirector
- 2018-09-26➕SCOTT, Andrew Heggie appointeddirector
Owner dependency
50/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
Succession & seller-readiness
30/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Abundance Security Trustee Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Abundance Security Trustee Ltd
Corporate parent · holds 75-100% shares
⬇
ORBITAL MARINE POWER (ORKNEY) PLC
This company · SC609187
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 |
|---|---|---|---|---|
Abundance Security Trustee Ltd Corporate entity | 75–100% | — | 75-100% shares | 09/07/2019 |
1 historic (ceased) PSC
- Orbital Marine Power Limitedceased 10/08/2022· 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 →Similar companies
Active · Energy & utilities · KW postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| HOY ENERGY LIMITED→ SC365871 · est 2009 | — | — | — | 7 | 16y | 83 | 74y |
| AYRENERGY LIMITED→ SC363794 · est 2009 | — | — | £3.73M | — | 16y | 82 | 80y |
| BURGAR HILL RENEWABLES LIMITED→ SC300971 · est 2006 | — | — | £4.67M | — | 20y | 82 | 66y |
| EVIE WIND ENERGY LIMITED→ SC329339 · est 2007 | — | — | — | 0 | 18y | 80 | 64y |
| FLEX HILL LTD→ SC293396 · est 2005 | — | — | £89.9k | — | 20y | 80 | 80y |
| HAMMARS HILL ENERGY LIMITED→ SC301103 · est 2006 · no financials extracted | — | — | — | — | 19y | 80 | 66y |
| MIDDLETON ENERGY LTD→ SC410244 · est 2011 | — | — | £143.0k | — | 14y | 80 | 69y |
| CLYNEMILTON ENERGY LTD→ SC456570 · est 2013 | — | — | — | — | 12y | 79 | 74y |
| GRIMSETTER LIMITED→ SC452413 · est 2013 | — | — | £381.2k | — | 12y | 79 | 67y |
| ENYAS HILL WIND FARM LTD→ SC422157 · est 2012 | — | — | — | — | 14y | 78 | 68y |
| G & S SINCLAIR LIMITED→ SC480452 · est 2014 | — | — | £218.8k | — | 11y | 78 | 62y |
| GAUDIE & MUIR LIMITED→ SC416181 · est 2012 | — | — | £81.3k | — | 14y | 78 | 78y |
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 →🔒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
Typeplc
Incorporated2018-09-26
Jurisdictionscotland
Primary SIC35110 — SIC 35110
Registered office
Innovation Centre - Orkney Hatston Pier Road
Crowness Business Park
Kirkwall
Orkney
KW15 1ZL
United Kingdom
Filing status
Accounts
Next due: 2026-06-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-10-09
Last: 2025-09-25
Officers (4 active · 0 resigned)
MILNE, Christopher David→
Activesecretary · appointed 2018-09-26
View their other companies + combined net worth →
GEORGE, Sian Lee, Dr→
Activedirector · ~54y · appointed 2019-05-30
View their other companies + combined net worth →
MILNE, Christopher David→
Activedirector · ~47y · appointed 2018-09-26
View their other companies + combined net worth →
SCOTT, Andrew Heggie→
Activedirector · ~49y · appointed 2018-09-26
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
6
Total charges
4
Outstanding
3
Active lenders
Status:Lender:6 of 6 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Abundance Security Trustee (As Security Trustee) Abundance Security Trustee LTD (As Security Trustee) | A registered charge | — | 30/06/2022 | — | |
| outstanding | Abundance Security Trustee (As Security Trustee) Abundance Security Trustee LTD (As Security Trustee) | A registered charge | — | 30/06/2022 | — | |
| outstanding | Abundance Security Trustee Abundance Security Trustee LTD | A registered charge | — | 30/06/2022 | — | |
| outstanding | Scottish Investments Scottish Investments Limited | A registered charge | 1 property | 30/06/2022 | — | |
| satisfied | Abundance Security Trustee (As Security Trustee) Abundance Security Trustee LTD (As Security Trustee) | A registered charge | — | 09/07/2019 | 18/08/2022 | |
| satisfied | Abundance Security Trustee (As Security Trustee) Abundance Security Trustee LTD (As Security Trustee) | A registered charge | — | 09/07/2019 | 18/08/2022 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (41 total)
accounts-with-accounts-type-full
accounts · AA
2025-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-09
gazette-filings-brought-up-to-date
gazette · DISS40
2025-09-03
gazette-notice-compulsory
gazette · GAZ1
2025-09-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-01
accounts-with-accounts-type-full
accounts · AA
2024-06-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-26
accounts-with-accounts-type-full
accounts · AA
2023-06-30
confirmation-statement-with-updates
confirmation-statement · CS01
2022-10-07
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2022-08-19
mortgage-satisfy-charge-full
mortgage · MR04
2022-08-18
mortgage-satisfy-charge-full
mortgage · MR04
2022-08-18
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-08-10
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-07-18
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-07-18