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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Nov 2024
Net worth
£-1.8k
book net assets
Opportunity
75/100
Strong
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
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
7 officers (5 active, 7 linked, 5 with DOB)
84
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
53 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
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 accountsCash
—
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
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
- 2025-08-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-07-03📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-06-25➖TORRANCE, Andrew David resigneddirector
- 2024-08-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-09-11📄accounts-amended-with-accounts-type-micro-entityaccounts · AAMD
- 2023-08-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-06-09📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-06-09📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-05-31➕MILNE, Arran Gordon appointeddirector
- 2023-05-31➕MILNE, Harmony L'Anson appointeddirector
- 2022-11-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-08-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-09-01📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-08-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-07-02📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-12-02📄change-person-secretary-company-with-change-dateofficers · CH03
- 2017-12-02📄change-person-director-company-with-change-dateofficers · CH01
- 2017-08-09➕MILNE, Kira Ann appointedsecretary
- 2017-08-09➕MILNE, Kira Ann appointeddirector
- 2017-08-09➖MILNE, Alan Ducat, Councillor resignedsecretary
- 2017-08-09📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2017-08-09📄appoint-person-director-company-with-name-dateofficers · AP01
- 2016-08-01➕TORRANCE, Andrew David appointeddirector
- 2005-11-18🏢Company incorporatedAs SITECUT LTD
- 2005-11-18➕MILNE, Ashley Gordon appointeddirector
- 2005-11-18➕MILNE, Alan Ducat, Councillor appointedsecretary
Owner dependency
58/100
Moderate — manageable with handoverSome 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 20 years — deep operational knowledge concentrated in one person.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
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
2 active beneficial owners · 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 |
Mr Andrew David Torrance Individual · British · DOB 05/1979 · age 47 | — | — | sig. influencesignificant influence | 01/08/2016 |
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
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|---|---|---|---|---|---|---|---|
| TARIFFCOM LIMITED→ SC221516 · est 2001 | £2.04M £1.45M–£2.62M | £1.74M | — | 2100 | 24y | 95 | 59y |
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| WBC MEDIA C.I.C.→ SC772754 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
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| WESTHILL IT SERVICES LIMITED→ SC545353 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
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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
Officers (5 active · 2 resigned)
Active
MILNE, Arran Gordon→
Activedirector · ~26y · appointed 2023-05-31
View their other companies + combined net worth →
MILNE, Ashley Gordon→
Activedirector · ~55y · appointed 2005-11-18
View their other companies + combined net worth →
MILNE, Harmony L'Anson→
Activedirector · ~25y · appointed 2023-05-31
View their other companies + combined net worth →
MILNE, Kira Ann→
Activedirector · ~52y · appointed 2017-08-09
View their other companies + combined net worth →
MILNE, Alan Ducat, Councillor→
Resignedsecretary · appointed 2005-11-18 · resigned 2017-08-09
TORRANCE, Andrew David→
Resigneddirector · ~47y · appointed 2016-08-01 · resigned 2025-06-25
Click a director name to see their full track record across all companies.
Recent filings (53 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2025-12-03
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-28
termination-director-company-with-name-termination-date
officers · TM01
2025-07-03
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-28
accounts-with-accounts-type-micro-entity
accounts · AA
2024-08-30
confirmation-statement-with-updates
confirmation-statement · CS01
2023-12-04
accounts-amended-with-accounts-type-micro-entity
accounts · AAMD
2023-09-11
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-31
appoint-person-director-company-with-name-date
officers · AP01
2023-06-09
appoint-person-director-company-with-name-date
officers · AP01
2023-06-09
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-30
confirmation-statement-with-updates
confirmation-statement · CS01
2022-11-25
confirmation-statement-with-updates
confirmation-statement · CS01
2021-11-25
accounts-with-accounts-type-micro-entity
accounts · AA
2021-08-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-24