MST ORTHOPAEDICS LIMITED
🌿Early-stageactive
SC723472 · ltd · incorporated 2022-02-17
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
What changed my view
Last 30 days
No material changes in the last 30 days.
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 Mar 2025
Net worth
£35.6k
book net assets
Opportunity
70/100
Strong
What this business does
Primary activity: Specialist medical practice activities
Sector: Human health & social work
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.
Opportunity 70/100 (strong), bankability 70/100. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (65/100).
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
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
Network not yet resolved
30
Filing history
16 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
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.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Positive net assets
Net assets £35,607
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£36k
↑ 7.1% YoY
Current Assets
£60k
↑ 20% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £54.4k | £55.0k |
| Current assets | £60.0k | £50.2k |
| Net assets | £35.6k | £33.2k |
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
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (15 events)Click to expand
- 2025-06-10📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-09-03📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-02-29📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-02-29📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-02-29📄change-person-director-company-with-change-dateofficers · CH01
- 2024-02-29📄change-person-director-company-with-change-dateofficers · CH01
- 2023-06-12📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-12-19📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-04-04📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-03-30📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-03-28📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2022-02-17🏢Company incorporatedAs MST ORTHOPAEDICS LIMITED
- 2022-02-17➕LIVINGSTONE, Katherine, Dr appointeddirector
- 2022-02-17➕TORKINGTON, Matthew Simon appointeddirector
- 2022-02-17📄incorporation-companyincorporation · NEWINC
Owner dependency
58/100
Moderate — manageable with handoverSome 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 signalLimited 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
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 |
|---|---|---|---|---|
Dr Katherine Livingstone Individual · British · DOB 04/1982 · age 44 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 17/02/2022 |
Mr Matthew Simon Torkington Individual · British · DOB 11/1976 · age 50 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 17/02/2022 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Healthcare & medical · KA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| THORNTOUN LIMITED→ SC129587 · est 1991 | £4.85M £3.49M–£6.21M | — | — | 174 | 35y | 84 | 62y |
| HANSEL ALLIANCE→ SC184374 · est 1998 · no financials extracted | — | — | — | — | 28y | 83 | 70y |
| HANSEL FOUNDATION→ SC038440 · est 1963 · no financials extracted | — | — | — | — | 63y | 83 | 70y |
| WEST PARK CARE HOME LIMITED→ SC314639 · est 2007 | — | — | £84.1k | — | 19y | 83 | 60y |
| HADLEY WOOD HEALTH CARE CENTRE LIMITED→ SC138802 · est 1992 | — | — | — | 700 | 34y | 82 | 61y |
| HRM HOMECARE SERVICES LTD.→ SC167583 · est 1996 | — | — | £1.32M | — | 29y | 82 | 63y |
| SUNCOURT LIMITED→ SC209422 · est 2000 | — | — | — | 62 | 25y | 82 | 62y |
| TEMPLE HOUSE CARE HOME LIMITED→ SC172503 · est 1997 | — | — | £1.11M | — | 29y | 82 | 60y |
| BALLANTRAE RURAL INITIATIVE CARE IN THE COMMUNITY LIMITED→ SC181899 · est 1998 | — | — | £1.97M | — | 28y | 81 | 90y |
| BOYS' AND GIRLS' CLUBS OF SCOTLAND→ SC084712 · est 1983 | — | — | — | 0 | 42y | 81 | 61y |
| CROSSROADS (SOUTH AYRSHIRE) CARE ATTENDANT SCHEME→ SC156846 · est 1995 | — | — | £112.0k | — | 31y | 81 | 87y |
| FOUNDATION TOTAI→ SC297194 · est 2006 · no financials extracted | — | — | — | — | 20y | 81 | 72y |
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
Incorporated2022-02-17
Jurisdictionscotland
Primary SIC86220 — Specialist medical practice activities
Registered office
11 Sorn Place
Galston
East Ayrshire
KA4 8JA
Scotland
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-02
Last: 2026-02-16
Officers (2 active · 0 resigned)
LIVINGSTONE, Katherine, Dr→
Activedirector · ~44y · appointed 2022-02-17
View their other companies + combined net worth →
TORKINGTON, Matthew Simon→
Activedirector · ~50y · appointed 2022-02-17
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-updates
confirmation-statement · CS01
2026-03-12
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-10
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-06
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-03
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-02-29
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-02-29
change-person-director-company-with-change-date
officers · CH01
2024-02-29
change-person-director-company-with-change-date
officers · CH01
2024-02-29
confirmation-statement-with-updates
confirmation-statement · CS01
2024-02-29
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-12
confirmation-statement-with-updates
confirmation-statement · CS01
2023-03-10
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-12-19
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-04-04
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-03-30
change-account-reference-date-company-current-extended
accounts · AA01
2022-03-28