CORBITAL (NORTHERN) LIMITED
🏛️Establishedactive
SC622842 · ltd · incorporated 2019-02-28
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Feb 2025
Net worth
—
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
PursueActive trading company with a 69-year-old founder — textbook succession opportunity.
Opportunity 77/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 69). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
Data confidence
Overall: high (84/100)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
Confirmed no charges registered
85
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
19 connected companies via shared directors
90
Filing history
16 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-02-28 | 2024-02-28 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (12 events)Click to expand
- 2025-10-29📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-05-03📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-10-10📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-11-04📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-06-29📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-01-05📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-01-05📄change-person-director-company-with-change-dateofficers · CH01
- 2020-10-27📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-02-28🏢Company incorporatedAs CORBITAL (NORTHERN) LIMITED
- 2019-02-28➕MCGRORY, Nicole appointeddirector
- 2019-02-28➕ORMEROD, Peter Steven appointeddirector
- 2019-02-28📄incorporation-companyincorporation · NEWINC
Owner dependency
78/100
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.
- +Founder age: Director aged approximately 69 — succession pressure is live.
- +No director turnover: Company is 7 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
56/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
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 Peter Steven Ormerod Individual · British · DOB 10/1957 · age 69 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 28/02/2019 |
Mrs Nicole Mcgrory Individual · British · DOB 02/1965 · age 61 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 28/02/2019 |
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 →Similar companies
Active · Trade services · KA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| GIRVAN YOUTH TRUST→ SC202628 · est 1999 · no financials extracted | — | — | — | — | 26y | — | — |
| GOLDEN VALLEY 1818 LTD→ SC682278 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| GORDON SHANKS LIMITED→ SC471444 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| GRACE AB LTD→ SC582725 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| GREENAN LANDSCAPES LTD→ SC833805 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| GREENFELLAS 2 LTD→ SC591090 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| GRMACDONALDPASERVICE LIMITED→ SC759359 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| GSM MANAGEMENT SERVICES (AYRSHIRE) LTD→ SC578880 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| H AND L ENERGY LIMITED→ SC749839 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| H.E.L. PENSION TRUSTEES LIMITED→ SC452756 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| HADDOCKSTON ESTATE LIMITED→ SC344125 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| HAIR @ LIMITED→ SC382958 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
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 →🔒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
Incorporated2019-02-28
Jurisdictionscotland
Primary SIC82990 — Other business support service activities n.e.c.
Registered office
Unit 4 Stevenston Industrial Estate
Stevenston
Ayrshire
KA20 3LR
Scotland
Filing status
Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-03-09
Last: 2026-02-23
Officers (2 active · 0 resigned)
MCGRORY, Nicole→
Activedirector · ~61y · appointed 2019-02-28
View their other companies + combined net worth →
ORMEROD, Peter Steven→
Activedirector · ~69y · appointed 2019-02-28
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (16 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-24
accounts-with-accounts-type-dormant
accounts · AA
2025-10-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-24
accounts-with-accounts-type-dormant
accounts · AA
2024-05-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-26
accounts-with-accounts-type-dormant
accounts · AA
2023-10-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-23
accounts-with-accounts-type-dormant
accounts · AA
2022-11-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-23
accounts-with-accounts-type-dormant
accounts · AA
2021-06-29
confirmation-statement-with-updates
confirmation-statement · CS01
2021-02-24
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-01-05
change-person-director-company-with-change-date
officers · CH01
2021-01-05
accounts-with-accounts-type-dormant
accounts · AA
2020-10-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-02-26