GUNN ENGINEERING SERVICES (ORKNEY) LIMITED

🌳Matureactive
SC301992 · ltd · incorporated 2006-05-08
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 steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
What changed my view
Last 30 days

No material changes in the last 30 days.

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 May 2025
Net worth
£1.22M
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: Other engineering activities
Sector: Professional, scientific & technical
Investor take
Pursue
Asset-holding vehicle. Family succession underway — not a classic acquisition target.

Opportunity 80/100 (exceptional), 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: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (77/100)

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
4 officers (4 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
53 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £1,222,226
Cash YoY
+2%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£1.3m
↑ 2.0% YoY
Net Worth
£1.2m
↑ 14% YoY
Current Assets
£1.4m
↑ 2.9% YoY
Current Liabilities
—
£0£284k£567k£851k£1.1m£1.4mMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-05-312024-05-31
Total assets£1.23M£1.08M
Current assets£1.42M£1.38M
Cash£1.35M£1.32M
Debtors£64.7k£51.8k
Net assets£1.22M£1.08M

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 (23 events)Click to expand
  1. 2026-02-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-09-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-09-11
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2025-09-11
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2025-09-11
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2025-09-11
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  7. 2025-02-21
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  8. 2024-06-24
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2024-06-01
    ➕
    GUNN, Leah Nicole appointed
    director
  10. 2024-05-22
    📄
    memorandum-articles
    incorporation · MA
  11. 2024-05-22
    📄
    resolution
    resolution · RESOLUTIONS
  12. 2024-05-22
    📄
    capital-name-of-class-of-shares
    capital · SH08
  13. 2024-05-22
    📄
    capital-variation-of-rights-attached-to-shares
    capital · SH10
  14. 2024-02-25
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  15. 2023-02-09
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  16. 2022-02-23
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  17. 2021-03-10
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  18. 2020-02-24
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  19. 2019-02-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2006-05-08
    🏢
    Company incorporated
    As GUNN ENGINEERING SERVICES (ORKNEY) LIMITED
  21. 2006-05-08
    ➕
    TOWRIE, Inga Kay appointed
    secretary
  22. 2006-05-08
    ➕
    GUNN, Derek Lyndon appointed
    director
  23. 2006-05-08
    ➕
    TOWRIE, Inga Kay 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
  • +Founder name in company name: Company name contains director surname "GUNN" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.
  • +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 — GUNN, Leah Nicole (same surname) appointed 2024-06-01. Pattern consistent with intra-family handover.
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
  • primary20+ year tenure: Director in role 20 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

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Derek Lyndon Gunn
Individual · British · DOB 12/1965 · age 61
50–75%
50–75%board control50-75% shares · 50-75% voting · board control09/05/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated2006-05-08
Jurisdictionscotland
Primary SIC71129 — Other engineering activities

Registered office

Airafea
St Ola
Orkney
KW15 1SX

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-05-22
Last: 2025-05-08

Officers (4 active · 0 resigned)

TOWRIE, Inga Kay→
secretary · appointed 2006-05-08
View their other companies + combined net worth →
Active
GUNN, Derek Lyndon→
director · ~61y · appointed 2006-05-08
View their other companies + combined net worth →
Active
GUNN, Leah Nicole→
director · ~21y · appointed 2024-06-01
View their other companies + combined net worth →
Active
TOWRIE, Inga Kay→
director · ~57y · appointed 2006-05-08
View their other companies + combined net worth →
Active

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

Recent filings (53 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-10
change-person-director-company-with-change-date
officers · CH01
2025-09-12
change-person-director-company-with-change-date
officers · CH01
2025-09-11
change-person-director-company-with-change-date
officers · CH01
2025-09-11
change-person-director-company-with-change-date
officers · CH01
2025-09-11
change-person-secretary-company-with-change-date
officers · CH03
2025-09-11
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-13
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-02-21
appoint-person-director-company-with-name-date
officers · AP01
2024-06-24
memorandum-articles
incorporation · MA
2024-05-22
resolution
resolution · RESOLUTIONS
2024-05-22
capital-name-of-class-of-shares
capital · SH08
2024-05-22
capital-variation-of-rights-attached-to-shares
capital · SH10
2024-05-22
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-08
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-02-25