ORRMAC (NO:500) LIMITED

🌳Matureactive

SC134373 · ltd · incorporated 1991-10-08

Investment thesis

Property vehicle with leveraged stack — refinance / partial-release angle.

Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.

Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Dec 2024

Net worth

—

book net assets

Opportunity

73/100

Strong

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What this business does

Primary activity: Buying and selling of own real estate

Sector: Real estate

Investor take

Pass (distressed without resilience)

Distressed property-backed borrower — structural issues outweigh the discount.

Opportunity 73/100 (strong), bankability 67/100. Strong seller-intent signal (63/100, director aged 87). Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

13 live charges · 6 lenders · oldest 34.3y

35/100

too messy

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

· Oldest live charge is 34.3 years old — likely at or near maturity.
· 6 lenders named — inter-creditor friction likely.
· Legal-friction score 40/100 — workable, but lender will want more DD.

Data confidence

Overall: high (83/100)

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

Lenders & charges

13 charges (13/13 with lender, 13/13 with type)

Directors & officers

11 officers (5 active, 11 linked, 5 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

19 connected companies via shared directors

Filing history

173 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

73/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Some moderate concerns — review flags.

Signal strength

100

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

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	2024-12-30	2023-12-30
Average employees	22	2400

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 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

filings

Last 90 days

filings

Last 180 days

filings

• 6 mortgage
• 1 officers

Counts from Companies House filing history.

Corporate timeline (64 events)Click to expand

2026-02-02
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-02-02
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-01-15
🔒
Charge registered #16
Lender: Barclays Security Trustee Limited
2026-01-15
🔒
Charge registered #15
Lender: Barclays Security Trustee Limited
2026-01-12
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-01-07
📄
mortgage-satisfy-charge-full
mortgage · MR04
2026-01-07
📄
mortgage-satisfy-charge-full
mortgage · MR04
2026-01-07
📄
mortgage-satisfy-charge-full
mortgage · MR04
2026-01-07
🔓
Charge satisfied #13
2026-01-07
🔓
Charge satisfied #12
2026-01-07
🔓
Charge satisfied #11
2025-12-23
🔒
Charge registered #14
Lender: Barclays Security Trustee Limited (Company Number 10825314) as Security Trustee
2025-12-12
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-11-11
📄
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2025-11-11
⚠️
legacy
insolvency · CAP-SS
2025-11-11
📄
legacy
capital · SH20
2025-11-11
📄
resolution
resolution · RESOLUTIONS
2025-11-01
➖
ORR, James Alexander Macconnell resigned
director
2025-09-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-12
📄
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2025-06-12
📄
legacy
capital · SH20
2025-06-12
⚠️
legacy
insolvency · CAP-SS
2025-06-12
📄
resolution
resolution · RESOLUTIONS
2025-04-15
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-14
🔒
Charge registered #13
Lender: Cumberland Building Society
2024-09-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-12
📄
change-person-director-company-with-change-date
officers · CH01
2023-12-12
📄
change-person-director-company-with-change-date
officers · CH01
2023-12-12
📄
change-person-director-company-with-change-date
officers · CH01
2023-12-12
📄
change-person-director-company-with-change-date
officers · CH01
2023-12-12
📄
change-person-director-company-with-change-date
officers · CH01
2023-09-08
🔒
Charge registered #12
Lender: Cumberland Building Society
2023-09-06
🔓
Charge satisfied #10
2023-09-06
🔓
Charge satisfied #8
2023-09-06
🔓
Charge satisfied #4
2023-09-05
🔒
Charge registered #11
Lender: Cumberland Building Society
2023-08-16
🔓
Charge satisfied #7
2023-08-16
🔓
Charge satisfied #2
2016-03-10
➕
AS COMPANY SERVICES LIMITED appointed
corporate-secretary
2016-03-10
➕
MACDONALD, Angus Duncan Forbes appointed
director
2016-03-10
➕
ORR, Caroline Rosemary appointed
director
2016-03-10
➖
QUEENSFERRY SECRETARIES LIMITED resigned
corporate-secretary
2012-11-30
🔒
Charge registered #10
Lender: Bank of Scotland PLC
2010-06-02
🔓
Charge satisfied #9
2004-01-01
➕
MCKNIGHT, Andrew Robert appointed
director
2002-11-01
➖
ORR, Pauline Anne resigned
secretary
2002-11-01
➕
QUEENSFERRY SECRETARIES LIMITED appointed
corporate-secretary
2002-07-04
🔒
Charge registered #8
Lender: The Governor and Company of the Bank of Scotland
1999-06-30
➕
ORR, Pauline Anne appointed
secretary
1999-06-30
➖
ORR MACQUEEN WS resigned
corporate-nominee-secretary

Showing most recent 50 of 64 events

Owner dependency

73/100

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.
+Long-tenure founder: Senior director has been in place 35 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 87 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

90/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

primaryFounder aged 70+: Senior director is approximately 87 years old. Natural succession window is now.
primary20+ year tenure: Director in role 35 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 35 years old and no new directors in the last 3 years — succession not yet being planned internally.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 high · 2 med ·

2 insolvency-related filings on record

high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2025-11-11: legacy; 2025-06-12: legacy

3 new charges in last 12 months

medium

Heavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.

Evidence: 2026-01-15: A registered charge; 2026-01-15: A registered charge; 2025-12-23: A registered charge

Charge satisfaction-then-recreation pattern

medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mr Angus Donald Mackintosh Macdonald Individual · British · DOB 04/1939 · age 87	25–50%	25–50%	25-50% shares · 25-50% voting	06/04/2016
Mr James Alexander Macconnell Orr Individual · British · DOB 06/1939 · age 87	25–50%	25–50%	25-50% shares · 25-50% voting	06/04/2016

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 · Property · EH postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
LANDWARD SECURITIES (EDINBURGH) LIMITED→ SC052040 · est 1972	£3.62M £3.07M–£4.16M	—	£3.62M	—	53y	83	62y
TEAM SCOTLAND LTD.→ SC282486 · est 2005	£1.97M £1.67M–£2.26M	—	£1.97M	—	21y	83	63y
GATEWAY GLASGOW LTD→ SC219530 · est 2001	£1.34M £1.14M–£1.54M	—	£1.34M	—	25y	83	64y
PAMABER PROPERTIES LIMITED→ SC147392 · est 1993	£1.21M £1.03M–£1.39M	—	£1.21M	—	32y	83	78y
LYNE PROPERTIES (EDINBURGH) LIMITED→ SC028226 · est 1951	£1.12M £947.9k–£1.28M	—	£1.12M	—	75y	83	85y
SANTOSHI ENTERPRISE LIMITED→ SC251221 · est 2003	£669.9k £569.4k–£770.4k	—	£669.9k	—	22y	83	64y
FACTOTUM (SCOTLAND) LIMITED→ SC246244 · est 2003	£338.5k £287.7k–£389.2k	—	£338.5k	—	23y	83	74y
THE OLD SAWMILL LIMITED→ SC299306 · est 2006	£28.1k £23.9k–£32.3k	—	£28.1k	—	20y	83	63y
REDS RELAX ENJOY DEVELOP LIMITED→ SC293103 · est 2005	£12.3k £10.4k–£14.1k	—	£12.3k	—	20y	83	60y
CODEBASE LTD→ SC437306 · est 2012	—	£11.72M	—	9600	13y	84	60y
CLOCKWORK PROPERTIES LIMITED→ SC197325 · est 1999	—	£400.3k	—	200	26y	83	55y
JEDDERFIELD INVESTMENTS LIMITED→ SC502005 · est 2015	—	£19.5k	—	0	11y	83	69y

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

10 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.

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Company details

Statusactive

Typeltd

Incorporated1991-10-08

Jurisdictionscotland

Primary SIC68100 — Buying and selling of own real estate

Registered office

C/O Anderson Strathern Llp

58 Morrison Street

Edinburgh

EH3 8BP

Scotland

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-30

Confirmation statement

Next due: 2026-10-15

Last: 2025-10-01