CTB DRILLING LIMITED

🏛️Establishedactive
SC697877 · ltd · incorporated 2021-05-06
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 · high confidence
Thesis has shifted recently — watch for confirmation.
  • · Lifecycle stage: early → established
  • · Investment thesis: growth_story → unclassified
  • · Bankability: 70 → 75
  • · Filings: 13 → 15
Opportunity decay
hardening · 6-months
Hardening — profile is tightening. If you want to act, do it before the window closes further.
  • · 3 recent signals strengthening vs 0 weakening
What changed my view
Last 30 days

Picture improved over the last 30 days — 3 positive signals vs 0 negative.

  • Lifecycle stage: earlyestablished
  • ·Investment thesis: growth_storyunclassified
  • Bankability: 7075
  • Filings: 1315
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 May 2026
Net worth
book net assets
Opportunity
71/100
Strong
🔔
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What this business does
Primary activity: Other engineering activities
Sector: Professional, scientific & technical
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 71/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).

Data confidence

Overall: high (82/100)

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
95
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
15 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

3 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0May 2024May 2025May 2026

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2026-05-312025-05-312024-05-31
Average employees200-200-200

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 accounts
Last 90 days
2
filings
  • 1 accounts
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (14 events)Click to expand
  1. 2026-07-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-11-18
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-11-18
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2025-11-18
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  5. 2025-11-18
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2025-07-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2024-07-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2023-07-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2022-06-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2021-05-06
    🏢
    Company incorporated
    As CTB DRILLING LIMITED
  11. 2021-05-06
    MCARA, Laura appointed
    secretary
  12. 2021-05-06
    BRIGHT, Christopher Thomson appointed
    director
  13. 2021-05-06
    MCARA, Laura appointed
    director
  14. 2021-05-06
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • 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
NameSharesVoting rightsNature of controlNotified
Mr Christopher Thomson Bright
Individual · British · DOB 09/1969 · age 57
5075%
50–75%board control50-75% shares · 50-75% voting · board control06/05/2021
Laura Mcara
Individual · British · DOB 02/1974 · age 52
2550%
25–50%25-50% shares · 25-50% voting06/05/2021

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
Incorporated2021-05-06
Jurisdictionscotland
Primary SIC71129 — Other engineering activities

Registered office

Correen
12 Stewart Drive
Alford
AB33 8UG
Scotland

Filing status

Accounts
Next due: 2028-02-29
Last made up to: 2026-05-31
Confirmation statement
Next due: 2027-05-19
Last: 2026-05-05

Officers (3 active · 0 resigned)

MCARA, Laura
secretary · appointed 2021-05-06
View their other companies + combined net worth →
Active
BRIGHT, Christopher Thomson
director · ~57y · appointed 2021-05-06
View their other companies + combined net worth →
Active
MCARA, Laura
director · ~52y · appointed 2021-05-06
View their other companies + combined net worth →
Active

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

Recent filings (15 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-07-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-08
change-person-director-company-with-change-date
officers · CH01
2025-11-18
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-11-18
change-person-secretary-company-with-change-date
officers · CH03
2025-11-18
change-person-director-company-with-change-date
officers · CH01
2025-11-18
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-13
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-14
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-08
accounts-with-accounts-type-micro-entity
accounts · AA
2022-06-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-05
incorporation-company
incorporation · NEWINC
2021-05-06