ORKAN LIMITED

🌳Matureactive
SC395126 · ltd · incorporated 2011-03-09
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 14.8y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2024
Net worth
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: SIC 35110
Sector: Electricity, gas & energy
Investor take
Pursue
Active trading company with a 64-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 64). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 14.8y

70/100
ready

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

  • · Oldest live charge is 14.8 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (71/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
41 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
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
100
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-03-31
Average employees0

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
1
filing
  • 1 confirmation-statement
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2025-12-12
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  2. 2025-05-28
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  3. 2025-05-27
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2024-08-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-05-17
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  6. 2023-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-06-03
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  8. 2023-05-30
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  9. 2023-01-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2022-02-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-03-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2020-02-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2019-02-27
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  14. 2018-06-02
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  15. 2018-05-29
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  16. 2018-02-27
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  17. 2014-10-20
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  18. 2014-07-31
    🔓
    Charge satisfied #1
  19. 2011-07-04
    🔒
    Charge registered #1
    Lender: Clydesdale Bank PLC
  20. 2011-03-09
    🏢
    Company incorporated
    As ORKAN LIMITED
  21. 2011-03-09
    MUTCH, Eric Alexander appointed
    director
  22. 2011-03-09
    MUTCH, Karen Winifred appointed
    director

Owner dependency

89/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 15 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 64 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 15 years old with no director changes — suggests a very tight-knit founder team never broadened.

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 15 years.
  • secondaryStable-but-static management: Company is 15 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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Eric Alexander Mutch
Individual · British · DOB 07/1963 · age 63
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016
Mrs Karen Winifred Mutch
Individual · British · DOB 10/1962 · age 64
75100%
75–100%75-100% shares · 75-100% voting06/04/2016

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
Incorporated2011-03-09
Jurisdictionscotland
Primary SIC35110 — SIC 35110

Registered office

Whitefield House
Forglen
Banff
AB45 3XQ

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-03-31
Confirmation statement
Next due: 2027-03-23
Last: 2026-03-09

Officers (2 active · 0 resigned)

MUTCH, Eric Alexander
director · ~63y · appointed 2011-03-09
View their other companies + combined net worth →
Active
MUTCH, Karen Winifred
director · ~64y · appointed 2011-03-09
View their other companies + combined net worth →
Active

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge20/10/2014
satisfied
Virgin Money
Clydesdale Bank PLC
Floating charge1 property04/07/201131/07/2014
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (41 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-12
change-account-reference-date-company-previous-extended
accounts · AA01
2025-12-12
gazette-filings-brought-up-to-date
gazette · DISS40
2025-05-28
gazette-notice-compulsory
gazette · GAZ1
2025-05-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-30
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-05-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-19
gazette-filings-brought-up-to-date
gazette · DISS40
2023-06-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-02
gazette-notice-compulsory
gazette · GAZ1
2023-05-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-16