ORKNEY I. O. LTD
🌳Matureactive
SC436389 · ltd · incorporated 2012-11-07
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£810.8k
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueStrong opportunity: property-backed borrower with strong profile and bankable structure.
Opportunity 75/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
2 live charges · oldest 2.3y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Newest facility, 2.3 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (78/100)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
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
36 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →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
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £810,837
Cash YoY
+83%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£430k
↑ 83% YoY
Net Worth
£811k
↑ 16% YoY
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £1.17M | £1.12M |
| Cash | £429.8k | £235.5k |
| Net assets | £810.8k | £701.8k |
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
2
filings
- • 1 accounts
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
- 2025-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-02-12📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-02-01🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 2024-01-30📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-01-24🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2023-12-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-27📄change-person-director-company-with-change-dateofficers · CH01
- 2023-09-27📄change-person-director-company-with-change-dateofficers · CH01
- 2022-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-09📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-10-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-01-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-12-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-08-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-08-21📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2017-08-02📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-11-25📄resolutionresolution · RESOLUTIONS
- 2012-11-07🏢Company incorporatedAs ORKNEY I. O. LTD
- 2012-11-07➕TULLOCH, Amy appointeddirector
- 2012-11-07➕TULLOCH, Scott William appointeddirector
Owner dependency
71/100
High — earn-out structure requiredMaterial 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.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 13 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
49/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 13 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Scott William Tulloch Individual · British · DOB 07/1982 · age 44 | 25–50% | — | 25-50% shares | 07/11/2022 |
Mrs Amy Tulloch Individual · British · DOB 01/1985 · age 41 | 25–50% | — | 25-50% shares | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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| A & C MACDONALD LTD→ SC870855 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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| KR HIGHLANDPROPERTIES LTD→ SC862446 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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| NETTEL GROUP LIMITED→ SC659521 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| NORTH COAST PROPERTIES (CAITHNESS) LTD→ SC827784 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ORKNEY BUILDERS LIMITED→ SC022960 · est 1944 · no financials extracted | — | — | — | — | 81y | — | — |
| ORKNEY FINANCIAL AND PROPERTY CENTRE LTD.→ SC317373 · est 2007 · no financials extracted | — | — | — | — | 19y | — | — |
| ORKNEY HOMES TRUST LIMITED→ SC132048 · est 1991 · no financials extracted | — | — | — | — | 34y | — | — |
| ORKNEY ISLANDS PROPERTY DEVELOPMENTS LIMITED→ SC132049 · est 1991 · no financials extracted | — | — | — | — | 34y | — | — |
| ORKNEY QUALITY DEVELOPMENTS LIMITED→ SC178227 · est 1997 · no financials extracted | — | — | — | — | 28y | — | — |
| ORKNEY STAYS LIMITED→ SC844724 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
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
Incorporated2012-11-07
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
Sandyha
Outertown
Stromness
Orkney
KW16 3JP
Scotland
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-11-17
Last: 2025-11-03
Officers (2 active · 0 resigned)
TULLOCH, Amy→
Activedirector · ~41y · appointed 2012-11-07
View their other companies + combined net worth →
TULLOCH, Scott William→
Activedirector · ~44y · appointed 2012-11-07
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 01/02/2024 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | — | 24/01/2024 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (36 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-11
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-02-12
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-01-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-03
change-person-director-company-with-change-date
officers · CH01
2023-09-27
change-person-director-company-with-change-date
officers · CH01
2023-09-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-09
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-11-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-29