ORBITAL PROJECTS (HOLDINGS) LIMITED

🌿Early-stageactive
SC716968 · ltd · incorporated 2021-12-07
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2023
Net worth
book net assets
Opportunity
71/100
Strong
🔔
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What this business does
Primary activity: SIC 35110
Sector: Electricity, gas & energy
Investor take
Pursue
Strong opportunity: active trading company with strong profile and structurally messy structure.

Opportunity 71/100 (strong), bankability 52/100. 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

4 live charges · 3 lenders · oldest 3.8y

25/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Charge age ~3.8 years — mid-life; refi window approaching.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (76/100)

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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
3 officers (3 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
11 connected companies via shared directors
78
Filing history
16 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2023-12-31
Average employees0

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
3
filings
  • 1 accounts
  • 1 confirmation-statement
  • 1 mortgage
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2025-12-31
    📄
    accounts-with-accounts-type-small
    accounts · AA
  2. 2025-11-21
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  3. 2025-11-19
    🔒
    Charge registered #4
    Lender: Scottish National Investment Bank PLC (As Bank)
  4. 2024-06-27
    📄
    accounts-with-accounts-type-small
    accounts · AA
  5. 2024-04-03
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  6. 2024-03-27
    🔒
    Charge registered #3
    Lender: Scottish Investments Limited
  7. 2023-07-04
    📄
    accounts-with-accounts-type-small
    accounts · AA
  8. 2022-11-23
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2022-08-23
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  10. 2022-08-17
    🔒
    Charge registered #2
    Lender: Abundance Security Trustee LTD (As Security Trustee)
  11. 2022-08-10
    GEORGE, Sian Lee, Dr appointed
    director
  12. 2022-07-12
    📄
    capital-allotment-shares
    capital · SH01
  13. 2022-07-12
    📄
    capital-allotment-shares
    capital · SH01
  14. 2022-07-11
    📄
    mortgage-alter-floating-charge-with-number
    mortgage · 466(Scot)
  15. 2022-07-04
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  16. 2022-06-30
    🔒
    Charge registered #1
    Lender: Scottish Investments Limited
  17. 2021-12-07
    🏢
    Company incorporated
    As ORBITAL PROJECTS (HOLDINGS) LIMITED
  18. 2021-12-07
    MILNE, Christopher David appointed
    director
  19. 2021-12-07
    SCOTT, Andrew Heggie appointed
    director
  20. 2021-12-07
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

50/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

Succession & seller-readiness

30/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

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

Orbital Marine Power Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Orbital Marine Power Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
ORBITAL PROJECTS (HOLDINGS) LIMITED
This company · SC716968

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
Orbital Marine Power Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control07/12/2021

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

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
Typeltd
Incorporated2021-12-07
Jurisdictionscotland
Primary SIC35110 — SIC 35110

Registered office

Innovation Centre - Orkney Hatston Pier Road
Crowness Business Park
Kirkwall
KW15 1ZL
United Kingdom

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-20
Last: 2025-12-06

Officers (3 active · 0 resigned)

GEORGE, Sian Lee, Dr
director · ~54y · appointed 2022-08-10
View their other companies + combined net worth →
Active
MILNE, Christopher David
director · ~47y · appointed 2021-12-07
View their other companies + combined net worth →
Active
SCOTT, Andrew Heggie
director · ~49y · appointed 2021-12-07
View their other companies + combined net worth →
Active

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

Mortgages & charges

4
Total charges
4
Outstanding
3
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
Scottish National Investment Bank (As Bank)
Scottish National Investment Bank PLC (As Bank)
A registered charge1 property19/11/2025
outstanding
Scottish Investments
Scottish Investments Limited
A registered charge1 property27/03/2024
outstanding
Abundance Security Trustee (As Security Trustee)
Abundance Security Trustee LTD (As Security Trustee)
A registered charge17/08/2022
outstanding
Scottish Investments
Scottish Investments Limited
A registered charge1 property30/06/2022
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (16 total)

accounts-with-accounts-type-small
accounts · AA
2025-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-19
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-11-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-20
accounts-with-accounts-type-small
accounts · AA
2024-06-27
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-04-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-20
accounts-with-accounts-type-small
accounts · AA
2023-07-04
confirmation-statement-with-updates
confirmation-statement · CS01
2022-12-20
appoint-person-director-company-with-name-date
officers · AP01
2022-11-23
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-08-23
capital-allotment-shares
capital · SH01
2022-07-12
capital-allotment-shares
capital · SH01
2022-07-12
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2022-07-11
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-07-04