OBJECTIVE ASSOCIATES LIMITED

🌳Matureactive
SC233985 · ltd · incorporated 2002-07-10
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Sept 2024
Net worth
—
book net assets
Opportunity
83/100
Exceptional
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What this business does
Primary activity: Other information technology service activities
Sector: Information & communication
Investor take
Pursue
Active trading company with a 65-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 67/100. Strong seller-intent signal (73/100, director aged 65). 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 (73/100).

🏦

Refinance opportunity

3 live charges · 3 lenders · oldest 22.3y

35/100
too messy

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

  • · Oldest live charge is 22.3 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 35/100 — workable, but lender will want more DD.

Data confidence

Overall: high (82/100)

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
75
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
9 officers (4 active, 9 linked, 5 with DOB)
81
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
11 connected companies via shared directors
78
Filing history
112 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
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
85
Strong succession / seller-readiness signals.
Risk profile
85
Few red 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
—
£0£0£0£0£0£0Sept 2023Sept 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-09-302023-09-30
Average employees500700

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 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (35 events)Click to expand
  1. 2025-06-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-06-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-08-29
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  4. 2023-08-29
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  5. 2023-08-29
    🔓
    Charge satisfied #3
  6. 2023-08-29
    🔓
    Charge satisfied #2
  7. 2023-08-24
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2023-06-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2022-06-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-11-22
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  11. 2021-05-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2020-06-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2019-06-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2018-07-17
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  15. 2018-07-17
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  16. 2018-07-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2018-07-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  18. 2018-01-12
    ➖
    GRANT, Simon resigned
    director
  19. 2016-06-08
    ➕
    GRANT, Simon appointed
    director
  20. 2013-07-02
    🔒
    Charge registered #3
    Lender: East of Scotland Investment Fund Limited
  21. 2013-05-21
    🔒
    Charge registered #2
    Lender: Bibby Factors Scotland Limited
  22. 2011-09-27
    ➕
    MORRIS, Steven Charles appointed
    director
  23. 2007-03-08
    ➖
    HADDOW, Alexander John resigned
    director
  24. 2004-09-09
    ➕
    INGRAM, Fraser Renny appointed
    director
  25. 2004-01-05
    🔒
    Charge registered #1
    Lender: Hsbc Bank PLC
  26. 2002-08-30
    ➕
    OGILVIE, Alexander appointed
    secretary
  27. 2002-08-30
    ➕
    OGILVIE, Alexander appointed
    director
  28. 2002-08-30
    ➖
    MACLAY MURRAY & SPENS LLP resigned
    corporate-nominee-secretary
  29. 2002-08-30
    ➕
    HADDOW, Alexander John appointed
    director
  30. 2002-08-30
    ➖
    VINDEX LIMITED resigned
    corporate-nominee-director
  31. 2002-08-30
    ➖
    VINDEX SERVICES LIMITED resigned
    corporate-nominee-director
  32. 2002-07-10
    🏢
    Company incorporated
    As OBJECTIVE ASSOCIATES LIMITED
  33. 2002-07-10
    ➕
    MACLAY MURRAY & SPENS LLP appointed
    corporate-nominee-secretary
  34. 2002-07-10
    ➕
    VINDEX LIMITED appointed
    corporate-nominee-director
  35. 2002-07-10
    ➕
    VINDEX SERVICES LIMITED appointed
    corporate-nominee-director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 65 — succession pressure is live.

Succession & seller-readiness

80/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
  • primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 24 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.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Alex Ogilvie
Individual · British · DOB 08/1961 · age 65
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
Mr Fraser Renny Ingram
Individual · British · DOB 06/1975 · age 51
——sig. influencesignificant influence · firm interest12/11/2021

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

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
Incorporated2002-07-10
Jurisdictionscotland
Primary SIC62090 — Other information technology service activities

Registered office

Macfarlane Gray House
Castlecraig Business Park
Stirling
FK7 7WT
Scotland

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-12-06
Last: 2025-11-22

Officers (4 active · 5 resigned)

OGILVIE, Alexander→
secretary · appointed 2002-08-30
View their other companies + combined net worth →
Active
INGRAM, Fraser Renny→
director · ~51y · appointed 2004-09-09
View their other companies + combined net worth →
Active
MORRIS, Steven Charles→
director · ~64y · appointed 2011-09-27
View their other companies + combined net worth →
Active
OGILVIE, Alexander→
director · ~65y · appointed 2002-08-30
View their other companies + combined net worth →
Active
MACLAY MURRAY & SPENS LLP→
corporate-nominee-secretary · appointed 2002-07-10 · resigned 2002-08-30
Resigned
GRANT, Simon→
director · ~56y · appointed 2016-06-08 · resigned 2018-01-12
Resigned
HADDOW, Alexander John→
director · ~67y · appointed 2002-08-30 · resigned 2007-03-08
Resigned
VINDEX LIMITED→
corporate-nominee-director · appointed 2002-07-10 · resigned 2002-08-30
Resigned
VINDEX SERVICES LIMITED→
corporate-nominee-director · appointed 2002-07-10 · resigned 2002-08-30
Resigned

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

Mortgages & charges

3
Total charges
1
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
satisfied
East of Scotland Investment Fund
East of Scotland Investment Fund Limited
A registered charge1 property02/07/201329/08/2023
satisfied
Bibby Financial Services
Bibby Factors Scotland Limited
A registered charge1 property21/05/201329/08/2023
outstanding
HSBC
Hsbc Bank PLC
Floating charge1 property05/01/2004—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (112 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-27
mortgage-satisfy-charge-full
mortgage · MR04
2023-08-29
mortgage-satisfy-charge-full
mortgage · MR04
2023-08-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-08-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-22
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-11-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-12