CIOCH LIMITED

🌳Matureactive
SC169567 · ltd · incorporated 1996-11-05
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 27.4y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Apr 2025
Net worth
£62.8k
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Other specialised construction activities n.e.c.
Sector: Construction
Investor take
Pursue
Active trading company. Family succession underway — not a classic acquisition target.

Opportunity 82/100 (exceptional), bankability 80/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 27.4y

65/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 27.4 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (79/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
6 officers (3 active, 6 linked, 4 with DOB)
83
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
77 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
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 102
Positive net assets
Net assets £62,791
Cash YoY
-4%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£74k
↓ 4.2% YoY
Net Worth
£63k
↑ 6.9% YoY
Current Assets
£75k
↓ 3.8% YoY
Current Liabilities
—
£0£16k£31k£47k£62k£78kApr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-04-302024-04-30
Total assets£62.8k£58.8k
Current assets£74.7k£77.6k
Cash£73.6k£76.8k
Debtors£1.1k£821
Net assets£62.8k£58.8k

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 (25 events)Click to expand
  1. 2026-01-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-01-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-08-15
    📄
    second-filing-of-director-appointment-with-name
    officers · RP04AP01
  4. 2024-01-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-09-06
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2023-08-22
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2023-08-22
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2023-08-22
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  9. 2023-08-22
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2023-08-17
    ➕
    STEWART, Rhona appointed
    director
  11. 2023-01-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2022-01-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2021-02-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2019-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2019-01-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2014-01-01
    ➖
    STEWART, Rhona resigned
    director
  17. 2003-01-01
    ➕
    STEWART, Rhona appointed
    director
  18. 2002-05-24
    ➕
    STEWART, James appointed
    secretary
  19. 2002-05-24
    ➖
    GIBBONS, Thomas Daniel resigned
    secretary
  20. 1998-12-09
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  21. 1996-12-01
    ➕
    STEWART, James appointed
    director
  22. 1996-11-30
    ➖
    GIBBONS, Kathleen Margaret resigned
    director
  23. 1996-11-05
    🏢
    Company incorporated
    As CIOCH LIMITED
  24. 1996-11-05
    ➕
    GIBBONS, Thomas Daniel appointed
    secretary
  25. 1996-11-05
    ➕
    GIBBONS, Kathleen Margaret appointed
    director

Owner dependency

91/100
Critical — business is the founder

The 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 29 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 76 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

46/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primaryFamily succession underway: Not a takeover target — STEWART, Rhona (same surname) appointed 2023-08-17. Pattern consistent with intra-family handover.
  • primaryFounder aged 70+: Senior director is approximately 76 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 29 years. Very long tenure is a classic succession signal.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Rhona Stewart
Individual · British · DOB 06/1972 · age 54
25–50%
25–50%25-50% shares · 25-50% voting01/05/2023
Mr. James Stewart
Individual · British · DOB 01/1950 · age 76
25–50%
25–50%25-50% shares · 25-50% voting01/05/2016
1 historic (ceased) PSC
  • Mr. James Stewartceased 22/08/2023· 75-100% shares

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

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CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
BEAR SCOTLAND LIMITED→
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£13.00M
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———26y8365y
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SC047574 · est 1970
£3.14M
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——4655y8483y
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——10238y8760y
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——£216.9k—32y8370y
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——£5.05M—29y8285y
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————1y——
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————2y——
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 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
Incorporated1996-11-05
Jurisdictionscotland
Primary SIC43999 — Other specialised construction activities n.e.c.

Registered office

8 Glen Spean Park
Roybridge
Inverness Shire
PH31 4AW

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-09-05
Last: 2025-08-22

Officers (3 active · 3 resigned)

STEWART, James→
secretary · appointed 2002-05-24
View their other companies + combined net worth →
Active
STEWART, James→
director · ~76y · appointed 1996-12-01
View their other companies + combined net worth →
Active
STEWART, Rhona→
director · ~54y · appointed 2023-08-17
View their other companies + combined net worth →
Active
GIBBONS, Thomas Daniel→
secretary · appointed 1996-11-05 · resigned 2002-05-24
Resigned
GIBBONS, Kathleen Margaret→
director · ~77y · appointed 1996-11-05 · resigned 1996-11-30
Resigned
STEWART, Rhona→
director · ~54y · appointed 2003-01-01 · resigned 2014-01-01
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property09/12/1998—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (77 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-22
second-filing-of-director-appointment-with-name
officers · RP04AP01
2024-08-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-29
appoint-person-director-company-with-name-date
officers · AP01
2023-09-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-08-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-08-22
confirmation-statement-with-updates
confirmation-statement · CS01
2023-08-22
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-08-22
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-08-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-01-27