SB ICES TROON LTD

🏛️Establishedactive

SC677035 · ltd · incorporated 2020-10-08

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.

Why now

Window steady · medium confidence

Mixed signals — 1 changes over 30 days, no clear direction yet.

· Filings: 21 → 22

What changed my view

Last 30 days

Picture improved over the last 30 days — 1 positive signal vs 0 negative.

↑Filings: 21 → 22

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Oct 2025

Net worth

£102.7k

book net assets

Opportunity

77/100

Strong

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What this business does

Primary activity: Other retail sale not in stores, stalls or markets

Sector: Wholesale & retail

Investor take

Pursue

Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 77/100 (strong), bankability 75/100. 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 (73/100).

Data confidence

Overall: high (86/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

3 years of iXBRL accounts extracted + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

3 officers (2 active, 3 linked, 3 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

4 connected companies via shared directors

Filing history

22 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

77/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality

Adequate — check latest filings for context.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £102,675

Net assets shrinking

Down £97,600 YoY

Cash YoY

+11%

Year on year

Key financials

3 years extracted from filed iXBRL accounts

Cash

£249k

↑ 11% YoY

Net Worth

£103k

↓ 49% YoY

Current Assets

£250k

↓ 5.2% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-10-31	2024-10-31	2023-10-31
Total assets	£102.7k	£200.3k	£136.4k
Current assets	£250.4k	£264.0k	£242.5k
Cash	£249.1k	£224.4k	£240.7k
Debtors	£1.3k	£39.6k	£1.8k
Net assets	£102.7k	£200.3k	£136.4k

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

filing

• 1 accounts

Last 90 days

filing

• 1 accounts

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (20 events)Click to expand

2026-07-03
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-09
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-12
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-17
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-01-19
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-30
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-11-30
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-07-01
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-07-01
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-07-01
📄
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2020-10-09
➖
CARROLL, Faye resigned
director
2020-10-09
📄
termination-director-company-with-name-termination-date
officers · TM01
2020-10-09
📄
capital-allotment-shares
capital · SH01
2020-10-09
📄
appoint-person-director-company-with-name-date
officers · AP01
2020-10-09
📄
appoint-person-director-company-with-name-date
officers · AP01
2020-10-08
🏢
Company incorporated
As SB ICES TROON LTD
2020-10-08
➕
CARROLL, Emma appointed
director
2020-10-08
➕
CARROLL, William Fleming appointed
director
2020-10-08
➕
CARROLL, Faye appointed
director
2020-10-08
📄
incorporation-company
incorporation · NEWINC

Owner dependency

74/100

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.
+Senior director age: Director aged approximately 61 — approaching natural succession window.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

46/100

Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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

Name	Shares	Voting rights	Nature of control	Notified
Mr William Fleming Carroll Individual · British · DOB 08/1965 · age 61	25–50%	25–50%	25-50% shares · 25-50% voting	08/10/2020
Miss Emma Carroll Individual · British · DOB 05/1999 · age 27	25–50%	25–50%	25-50% shares · 25-50% voting	08/10/2020

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 · Retail · KA postcode area

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WILLIAM YOUNG (KILMARNOCK) LIMITED→ SC032275 · est 1957	£2.75M £2.06M–£3.44M	—	—	53	69y	82	72y
J & W CARPETS LIMITED→ SC362931 · est 2009	£258.4k £193.8k–£322.9k	—	—	67	16y	83	48y
KIRKMICHAEL VILLAGE RENAISSANCE→ SC376521 · est 2010	—	—	£46.6k	—	16y	83	80y
MC STORES LIMITED→ SC387053 · est 2010	—	—	£678.2k	—	15y	83	74y
QUEST FARM SUPPLIES LIMITED→ SC362924 · est 2009	—	—	£2.06M	—	16y	83	59y
A.L. PAINT AND SUPPLIES LIMITED→ SC173153 · est 1997	—	—	£973.9k	—	29y	82	74y
AGRI-INPUT DIRECT LIMITED→ SC207700 · est 2000	—	—	£343.5k	—	26y	82	59y
AM SERVICE STATIONS LIMITED→ SC211245 · est 2000	—	—	—	13	25y	82	59y
ANDREW HUGHES CHEMISTS LIMITED→ SC205281 · est 2000	—	—	—	—	26y	82	63y
BDC FUELS LIMITED→ SC229389 · est 2002	—	—	—	2100	24y	82	67y
C MCCALLUM LIMITED→ SC264993 · est 2004	—	—	—	33	22y	82	63y
CARPET CLEARANCE LIMITED→ SC244523 · est 2003	—	—	£120.8k	—	23y	82	61y

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

Incorporated2020-10-08

Jurisdictionscotland

Primary SIC47990 — Other retail sale not in stores, stalls or markets

Registered office

28 Fenwick Road

Kilmaurs

Kilmarnock

Ayrshire

KA3 2TD

Scotland

Filing status

Accounts

Next due: 2027-07-31

Last made up to: 2025-10-31

Confirmation statement

Next due: 2026-11-11

Last: 2025-10-28

Officers (2 active · 1 resigned)

CARROLL, Emma→

director · ~27y · appointed 2020-10-08

View their other companies + combined net worth →

Active

CARROLL, William Fleming→

director · ~61y · appointed 2020-10-08

View their other companies + combined net worth →

Active

CARROLL, Faye→

director · ~53y · appointed 2020-10-08 · resigned 2020-10-09

Resigned

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