SITECUT LTD

🌳Matureactive

SC293334 · ltd · incorporated 2005-11-18

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.

Why now

Window closing · medium confidence

Getting harder to buy cheaply — 1 signals strengthening over the last 30 days.

· Hygiene score: 85 → 90

What changed my view

Last 30 days

Picture improved over the last 30 days — 1 positive signal vs 0 negative.

↑Hygiene score: 85 → 90

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Nov 2024

Net worth

£-1.8k

book net assets

Opportunity

75/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Other information technology service activities

Sector: Information & communication

Investor take

Pass (distressed without resilience)

Active trading company. Family succession underway — not a classic acquisition target.

Opportunity 75/100 (strong), bankability 75/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (73/100).

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

Lenders & charges

Confirmed no charges registered

Directors & officers

7 officers (5 active, 7 linked, 5 with DOB)

Ownership & PSC

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

Director network

2 connected companies via shared directors

Filing history

54 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

75/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)

Negative net assets

Liabilities exceed assets by £1,815

Net assets shrinking

Down £18,859 YoY

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

-£2k

↓ 111% YoY

Current Assets

£31k

↓ 59% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)

Metric	2024-11-30	2023-11-30
Total assets	£8.6k	£32.5k
Current assets	£30.8k	£74.3k
Net assets	£-1.8k	£17.0k

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

Last 90 days

filing

• 1 persons-with-significant-control

Last 180 days

filing

• 1 persons-with-significant-control

Counts from Companies House filing history.

Corporate timeline (26 events)Click to expand

2026-05-08
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-08-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-03
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-06-25
➖
TORRANCE, Andrew David resigned
director
2024-08-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-11
📄
accounts-amended-with-accounts-type-micro-entity
accounts · AAMD
2023-08-31
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-09
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-06-09
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-05-31
➕
MILNE, Arran Gordon appointed
director
2023-05-31
➕
MILNE, Harmony L'Anson appointed
director
2022-11-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-08-23
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-09-01
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-08-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-07-02
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-12-02
📄
change-person-secretary-company-with-change-date
officers · CH03
2017-12-02
📄
change-person-director-company-with-change-date
officers · CH01
2017-08-09
➕
MILNE, Kira Ann appointed
secretary
2017-08-09
➕
MILNE, Kira Ann appointed
director
2017-08-09
➖
MILNE, Alan Ducat, Councillor resigned
secretary
2017-08-09
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2016-08-01
➕
TORRANCE, Andrew David appointed
director
2005-11-18
🏢
Company incorporated
As SITECUT LTD
2005-11-18
➕
MILNE, Ashley Gordon appointed
director
2005-11-18
➕
MILNE, Alan Ducat, Councillor appointed
secretary

Owner dependency

58/100

Moderate — manageable with handover

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

FACTORS

-4 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

20/100

No succession signal

No meaningful acquirability indicators from public data.

SIGNALS

primaryFamily succession underway: Not a takeover target — MILNE, Arran Gordon (same surname) appointed 2023-05-31. Pattern consistent with intra-family handover.
primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 21 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

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mr Ashley Gordon Milne Individual · British · DOB 08/1971 · age 55	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	30/06/2016

1 historic (ceased) PSC

Mr Andrew David Torranceceased 19/11/2025· significant influence

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 · Technology · AB postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
IACS CONSULTING LTD→ SC644295 · est 2019	£5.72M £4.09M–£7.36M	£3.95M	—	2500	6y	89	74y
TARIFFCOM LIMITED→ SC221516 · est 2001	£2.04M £1.45M–£2.62M	£1.74M	—	2100	24y	95	59y
TRIHEDRAL UK LIMITED→ SC187794 · est 1998	£322.5k £230.3k–£414.6k	—	—	5	27y	86	67y
TRAVELINE SCOTLAND LIMITED→ SC210532 · est 2000	£179.3k £128.1k–£230.5k	—	—	3	25y	95	63y
B4FILMS LTD.→ SC351956 · est 2008	—	—	—	4	17y	83	72y
CONCEPT PRODUCTIONS LIMITED→ SC096457 · est 1985	—	—	£1.9k	—	40y	83	63y
INTERACTYX LIMITED→ SC161872 · est 1995 · no financials extracted	—	—	—	—	30y	83	79y
PISYS LIMITED→ SC109490 · est 1988	—	—	—	15	38y	83	64y
PROSOURCE.IT (UK) LTD.→ SC242550 · est 2003 · no financials extracted	—	—	—	—	23y	83	68y
ABLE TECHNOLOGIES LIMITED→ SC194895 · est 1999	—	—	£87.3k	—	27y	82	75y
ASTER CASH REGISTERS LIMITED→ SC120383 · est 1989	—	—	£3.5k	—	36y	82	70y
BUCHAN CONSULTANCY SERVICES LIMITED→ SC147794 · est 1993	—	—	£76.4k	—	32y	82	59y

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

🔒Tailored diligence questions

6 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

Incorporated2005-11-18

Jurisdictionscotland

Primary SIC62090 — Other information technology service activities

Registered office

Flabbets Cottage

Woodlands Of Durris

Banchory

Kincardineshire

AB31 6BH

Filing status

Accounts

Next due: 2026-08-31

Last made up to: 2024-11-30

Confirmation statement

Next due: 2026-12-02

Last: 2025-11-18