STORMBAY LIMITED

🌳Matureactive
SC306752 · ltd · incorporated 2006-08-14
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 19.5y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Aug 2025
Net worth
—
book net assets
Opportunity
83/100
Exceptional
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Active trading company with a 64-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 85/100. Strong seller-intent signal (70/100, director aged 64). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 19.5y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 19.5 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (80/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
5 officers (3 active, 5 linked, 2 with DOB)
78
Ownership & PSC
4 active PSC(s) of 5 total, 5 with control declared
90
Director network
8 connected companies via shared directors
69
Filing history
60 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£0Aug 2024Aug 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-08-312024-08-31
Average employees2200

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
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2026-04-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-10-22
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-04-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-10-09
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  5. 2024-10-09
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  6. 2024-03-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2023-02-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2022-01-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2021-04-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2019-10-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2019-05-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2018-09-14
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2018-05-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2017-09-27
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  15. 2017-09-27
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  16. 2016-01-28
    🔓
    Charge satisfied #1
  17. 2006-11-13
    🔒
    Charge registered #1
    Lender: Aib Group (UK) PLC
  18. 2006-08-15
    ➕
    INNES, Stephen appointed
    secretary
  19. 2006-08-15
    ➕
    FARRELL, Nicholas Walter appointed
    director
  20. 2006-08-15
    ➕
    INNES, Stephen appointed
    director
  21. 2006-08-15
    ➖
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  22. 2006-08-15
    ➖
    STEPHEN MABBOTT LTD. resigned
    corporate-nominee-director
  23. 2006-08-14
    🏢
    Company incorporated
    As STORMBAY LIMITED
  24. 2006-08-14
    ➕
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  25. 2006-08-14
    ➕
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director

Owner dependency

76/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 64 — approaching natural succession window.

Succession & seller-readiness

79/100
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 64. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 20 years.
  • secondaryStable-but-static management: Company is 20 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

2 corporate shareholders identified. Group structure is distributed.

🏛️
Lambert Innes Property Consultants Limited
Corporate parent · holds 25-50% shares
significant stake
🏛️
Nick Farrell &Amp; Company Ltd
Corporate parent · holds 25-50% shares
significant stake
⬇
STORMBAY LIMITED
This company · SC306752

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

Shareholders & ownership

4 active beneficial owners · fragmented
NameSharesVoting rightsNature of controlNotified
Lambert Innes Property Consultants Limited
Corporate entity
25–50%
25–50%25-50% shares · 25-50% voting27/09/2024
Nicholas Walter Farrell
Individual · British · DOB 07/1962 · age 64
25–50%
25–50%board controlsig. influence25-50% shares · 25-50% voting · board control · significant influence · firm interest30/06/2016
Mr Stephen Innes
Individual · British · DOB 02/1964 · age 62
25–50%
—board controlsig. influence25-50% shares · board control · significant influence · firm interest30/06/2016
Nick Farrell &Amp; Company Ltd
Corporate entity
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
1 historic (ceased) PSC
  • Lambert Innes Limitedceased 27/09/2024· 25-50% shares · 25-50% voting

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

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
Incorporated2006-08-14
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

168 Bath Street
Glasgow
G2 4TP

Filing status

Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2026-10-24
Last: 2025-10-10

Officers (3 active · 2 resigned)

INNES, Stephen→
secretary · appointed 2006-08-15
View their other companies + combined net worth →
Active
FARRELL, Nicholas Walter→
director · ~64y · appointed 2006-08-15
View their other companies + combined net worth →
Active
INNES, Stephen→
director · ~62y · appointed 2006-08-15
View their other companies + combined net worth →
Active
BRIAN REID LTD.→
corporate-nominee-secretary · appointed 2006-08-14 · resigned 2006-08-15
Resigned
STEPHEN MABBOTT LTD.→
corporate-nominee-director · appointed 2006-08-14 · resigned 2006-08-15
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Aib Group (UK)
Aib Group (UK) PLC
Standard security1 property13/11/200628/01/2016

Recent filings (60 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-04-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-23
change-person-director-company-with-change-date
officers · CH01
2025-10-22
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-25
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-10
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-10-09
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-10-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-09
accounts-with-accounts-type-micro-entity
accounts · AA
2024-03-21
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-19
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-21
confirmation-statement-with-updates
confirmation-statement · CS01
2022-09-09
accounts-with-accounts-type-micro-entity
accounts · AA
2022-01-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-17
accounts-with-accounts-type-micro-entity
accounts · AA
2021-04-29