TYRONE PETROLEUM CONSULTANTS LIMITED
🌳Matureactive
SC141414 · ltd · incorporated 1992-11-24
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 26.7y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£241.8k
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueProperty-backed borrower with a 67-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 67). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 3 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
3 live charges · 2 lenders · oldest 26.7y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 26.7 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (77/100)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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
3 officers (2 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
84 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Positive net assets
Net assets £241,784
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£242k
↑ 5.5% YoY
Current Assets
£47k
↑ 68% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £241.8k | £229.1k |
| Current assets | £47.2k | £28.0k |
| Net assets | £241.8k | £229.1k |
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 (23 events)Click to expand
- 2025-09-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-09-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-02-06📄change-person-director-company-with-change-dateofficers · CH01
- 2024-02-06📄change-person-director-company-with-change-dateofficers · CH01
- 2024-02-06📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-02-01➖MACKIE & DEWAR resignedcorporate-secretary
- 2023-09-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-04-26📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-09-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-09-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-06-24📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-09-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-09-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-09-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-09-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2016-09-27📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2010-12-14🔒Charge registered #3Lender: Bank of Scotland PLC
- 2002-08-01➕PASSMORE, Maria Andrea appointeddirector
- 1999-09-15🔒Charge registered #2Lender: The Governor and Company of the Bank of Scotland
- 1999-09-08🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 1992-11-24🏢Company incorporatedAs TYRONE PETROLEUM CONSULTANTS LIMITED
- 1992-11-24➕PASSMORE, Michael John appointeddirector
- 1992-11-24➕MACKIE & DEWAR appointedcorporate-secretary
Owner dependency
91/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 33 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 67 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
86/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 33 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 33 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Michael John Passmore Individual · British · DOB 10/1959 · age 67 | 75–100% | — | 75-100% shares | 24/11/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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| URBAN WELLNESS HUB LIMITED→ SC564706 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
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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
Incorporated1992-11-24
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
57 Elmfield Avenue
Aberdeen
AB24 3NU
Scotland
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-08
Last: 2025-11-24
Officers (2 active · 1 resigned)
PASSMORE, Maria Andrea→
Activedirector · ~53y · appointed 2002-08-01
View their other companies + combined net worth →
PASSMORE, Michael John→
Activedirector · ~67y · appointed 1992-11-24
View their other companies + combined net worth →
MACKIE & DEWAR→
Resignedcorporate-secretary · appointed 1992-11-24 · resigned 2024-02-01
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
3
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Bank of Scotland PLC | Standard security | 1 property | 14/12/2010 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 15/09/1999 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 08/09/1999 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (84 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-07
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-10
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-07
change-person-director-company-with-change-date
officers · CH01
2024-02-06
change-person-director-company-with-change-date
officers · CH01
2024-02-06
termination-secretary-company-with-name-termination-date
officers · TM02
2024-02-06
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-22
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-04-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-06-24