ORKNEY CHEESE COMPANY LIMITED

🌳Matureactive

SC196090 · ltd · incorporated 1999-05-11

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 26.5y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

£4.76M

book net assets

Opportunity

79/100

Strong

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What this business does

Primary activity: SIC 10511

Sector: Manufacturing

ALSO REGISTERED FOR

10512SIC 10512

Investor take

Pursue

Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 79/100 (strong), bankability 65/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 4 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

4 live charges · 2 lenders · oldest 26.5y

50/100

clean up first

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

· Oldest live charge is 26.5 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Legal-friction score 30/100 — 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, 2 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

4 charges (4/4 with lender, 4/4 with type)

Directors & officers

29 officers (7 active, 29 linked, 23 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

12 connected companies via shared directors

Filing history

136 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

79/100Strong

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

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 £4,764,242

Cash YoY

-1%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£1.2m

↓ 1.3% YoY

Net Worth

£4.8m

↑ 1.1% YoY

Current Assets

£5.0m

~ YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-03-31	2024-03-31
Total assets	£5.25M	£5.27M
Current assets	£5.02M	£5.01M
Cash	£1.21M	£1.23M
Debtors	£1.31M	£1.02M
Net assets	£4.76M	£4.71M

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

filings

• 4 officers

Last 90 days

filings

• 4 officers

Last 180 days

filings

• 4 officers

Counts from Companies House filing history.

Corporate timeline (74 events)Click to expand

2026-04-24
📄
change-person-director-company-with-change-date
officers · CH01
2026-04-24
📄
change-person-director-company-with-change-date
officers · CH01
2026-04-24
📄
change-person-director-company-with-change-date
officers · CH01
2026-04-24
📄
change-person-director-company-with-change-date
officers · CH01
2025-09-30
📄
accounts-with-accounts-type-small
accounts · AA
2024-12-04
📄
accounts-with-accounts-type-small
accounts · AA
2023-08-29
📄
accounts-with-accounts-type-small
accounts · AA
2022-12-06
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-12-06
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-10-05
📄
accounts-with-accounts-type-small
accounts · AA
2022-07-07
➕
THOMSON, George Jarvie appointed
director
2022-07-07
➖
HERDMAN, Richard John resigned
director
2021-11-24
📄
termination-director-company-with-name-termination-date
officers · TM01
2021-11-24
📄
appoint-person-director-company-with-name-date
officers · AP01
2021-11-22
📄
accounts-with-accounts-type-small
accounts · AA
2021-07-19
➕
RITCH, Daniel David appointed
director
2021-07-19
➖
SCOTT, Allan Gordon resigned
director
2021-02-05
📄
accounts-with-accounts-type-small
accounts · AA
2020-06-16
📄
appoint-person-director-company-with-name-date
officers · AP01
2020-06-16
📄
termination-director-company-with-name-termination-date
officers · TM01
2020-06-01
➕
CHATTERS, Michael David John appointed
director
2020-05-31
➖
MEAUDRE, Hugues Bernard resigned
director
2019-07-11
📄
accounts-with-accounts-type-audited-abridged
accounts · AA
2018-12-06
📄
accounts-with-accounts-type-audited-abridged
accounts · AA
2018-07-31
➕
MEAUDRE, Hugues Bernard appointed
director
2018-07-31
➖
TAYLOR, Mark Garfield resigned
director
2018-06-12
➕
WOOD, Erlend John appointed
director
2018-06-12
➖
WOOD, Marcus James resigned
director
2015-07-03
➕
BRUCE, Kim appointed
secretary
2015-07-03
➕
REID, Steven Robert appointed
director
2015-07-03
➖
DEAKIN, Tim Austin resigned
secretary
2015-06-07
➖
ALEXANDER, Bruce resigned
director
2015-05-31
➖
SMITH, Andrew James resigned
director
2015-05-31
➕
TAYLOR, Mark Garfield appointed
director
2014-02-24
➕
GOPAL, Naigee appointed
director
2013-12-31
➖
O'LEARY, Kevin Francis resigned
director
2013-07-23
➖
KEMP, Neil Michael resigned
director
2013-07-23
➕
SCOTT, Allan Gordon appointed
director
2007-09-06
➕
HERDMAN, Richard John appointed
director
2007-08-07
➖
HEATON, Peter Ralph resigned
director
2007-07-18
➖
FOUBISTER, James resigned
director
2007-03-31
➕
DEAKIN, Tim Austin appointed
secretary
2007-03-31
➕
O'LEARY, Kevin Francis appointed
director
2007-03-30
➖
PYKE, Karen resigned
secretary
2007-03-26
➖
POWELL COOK, Neale Alan resigned
director
2005-03-09
🔒
Charge registered #4
Lender: Orkney Islands Council
2005-01-10
➖
IRVINE, Douglas Forbes resigned
director
2005-01-10
➖
IRVINE, John Alastair resigned
director
2005-01-10
➕
POWELL COOK, Neale Alan appointed
director
2005-01-10
➕
SMITH, Andrew James appointed
director

Showing most recent 50 of 74 events

Owner dependency

48/100

Moderate — manageable with handover

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

FACTORS

-6 active directors: Broader management team in place — suggests transferable governance.
+Senior director age: Director aged approximately 64 — approaching natural succession window.

Succession & seller-readiness

73/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
secondary12+ year tenure: Director in role 12 years.
secondaryStable-but-static management: Company is 27 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

clean

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

Group structure

Orkney Milk Limited holds majority control (50-75%). Likely parent but not wholly-owned.

🏛️

Orkney Milk Limited

Corporate parent · holds 50-75% shares

majority

⬇

ORKNEY CHEESE COMPANY LIMITED

This company · SC196090

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner

Name	Shares	Voting rights	Nature of control	Notified
Orkney Milk Limited Corporate entity	50–75%	50–75%	50-75% shares · 50-75% voting	12/05/2016

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 · Food & drink · KW postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
ARGO'S BAKERY LIMITED→ SC082881 · est 1983	—	—	£550.3k	—	43y	83	66y
CRANTIT DAIRY→ SC141498 · est 1992 · no financials extracted	—	—	—	—	33y	79	80y
JOHN O'GROATS BREWERY LTD→ SC424589 · est 2012	—	—	£40.8k	—	13y	79	66y
LRM TRADING LTD→ SC285556 · est 2005	—	—	£228.3k	—	20y	79	59y
NORTH COAST DISTILLERS LIMITED→ SC652661 · est 2020	—	—	£486.5k	—	6y	79	67y
HIGHLAND BREWING COMPANY LIMITED→ SC263315 · est 2004	—	—	—	6	22y	77	65y
JOHNSTONS OF THURSO LTD→ SC619863 · est 2019	—	—	—	—	7y	76	63y
DUNNET BAY DISTILLERS LTD.→ SC454474 · est 2013	—	—	£2.85M	—	12y	75	45y
ANNIE'S BAKERY LIMITED→ SC439693 · est 2013	—	—	£57.1k	—	13y	73	34y
CAPALDIS BRORA LTD→ SC555799 · est 2017	—	—	£16.1k	—	9y	73	35y
DUNROBIN HIGHLAND DISTILLERY LIMITED→ SC520078 · est 2015	—	—	—	0	10y	73	55y
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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.

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Company details

Statusactive

Typeltd

Incorporated1999-05-11

Jurisdictionscotland

Primary SIC10511 — SIC 10511

Registered office

Crowness Road

Hatston Industrial Estate

Kirkwall

Orkney

KW15 1RG

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-05-25

Last: 2025-05-11