ITECH (TROON) LTD.
Opportunity 78/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
Refinance opportunity
2 live charges · 2 lenders · oldest 8.0y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 8.0 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Average employees | 1 | 100 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
- • 1 accounts
- • 1 accounts
- • 1 accounts
- • 1 confirmation-statement
Corporate timeline (29 events)Click to expand
- 2026-03-31📄accounts-with-accounts-type-smallaccounts · AA
- 2025-03-07📄accounts-with-accounts-type-smallaccounts · AA
- 2024-06-28📄accounts-with-accounts-type-smallaccounts · AA
- 2023-07-28📄accounts-with-accounts-type-smallaccounts · AA
- 2023-04-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-04-18🔒Charge registered #2Lender: Cynergy Business Finance Limited
- 2022-12-14📄accounts-with-accounts-type-smallaccounts · AA
- 2021-06-11📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-02-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-01-08➖MUTTER, Gary James resigneddirector
- 2020-09-15📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2020-09-15📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2020-09-14📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-09-14📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2020-09-14📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2020-09-14📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-09-14📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2020-09-14📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-09-14📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-09-11➕WELSH, Martin James appointeddirector
- 2020-09-11➖MCCOMB, Michelle Marie resignedsecretary
- 2020-09-11➖MCCOMB, Christopher Robert resigneddirector
- 2020-09-11➕MUTTER, Gary James appointeddirector
- 2020-07-21📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-07-21🔓Charge satisfied #1
- 2019-09-11➕MCCOMB, Michelle Marie appointedsecretary
- 2018-05-04🔒Charge registered #1Lender: Ian Mccartney
- 2017-11-15🏢Company incorporatedAs ITECH (TROON) LTD.
- 2017-11-15➕MCCOMB, Christopher Robert appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Senior director age: Director aged approximately 62 — approaching natural succession window.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanGroup structure
Bwa (Holdings) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Bwa (Holdings) Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 11/09/2020 |
2 historic (ceased) PSCs
- Mrs Michelle Marie Mccombceased 11/09/2020· 25-50% shares
- Mr Christopher Robert Mccombceased 11/09/2020· 75-100% shares · 75-100% voting · board control
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
Active · Holding company · KA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| MICROTECH GROUP LIMITED→ SC372953 · est 2010 | £9.91M £8.43M–£11.40M | — | £9.91M | — | 16y | 83 | 63y |
| KL HOLDINGS LIMITED→ SC147187 · est 1993 | £210.0k £178.5k–£241.4k | — | £210.0k | — | 32y | 82 | 70y |
| CASTLEHILL RESIDENTIAL LETTINGS LIMITED→ SC355876 · est 2009 | £142.6k £121.2k–£164.0k | — | £142.6k | — | 17y | 82 | 58y |
| HEATHERGEMS LIMITED→ SC047180 · est 1970 | £130.3k £110.8k–£149.9k | — | £130.3k | — | 56y | 83 | 72y |
| CALEBRIDGE LIMITED→ SC201077 · est 1999 | £91.1k £77.4k–£104.7k | — | £91.1k | — | 26y | 82 | 67y |
| DAVID COOK DEVELOPMENTS LIMITED→ SC166098 · est 1996 | £99 £84–£114 | — | £99 | — | 29y | 82 | 71y |
| BWA (HOLDINGS) LIMITED→ SC404782 · est 2011 | — | — | — | 1 | 14y | 92 | 62y |
| RS BOOST LIMITED→ SC368181 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| SKYTOR LTD→ SC616612 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| SOUTHWOOD HOLDINGS LTD→ SC751533 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| STEVEN COWAN PLUMBING & HEATING LTD→ SC687687 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| STONEFIELD (GROUP) LIMITED→ SC725720 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
7 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 →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
Registered office
Filing status
Officers (1 active · 3 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Cynergy Business Finance Cynergy Business Finance Limited | A registered charge | — | 18/04/2023 | — | |
| satisfied | Ian Mccartney / Sheena Mccartney | A registered charge | — | 04/05/2018 | 21/07/2020 |