TORCASTLE LTD
Opportunity 71/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 102Key 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 | 2025-09-30 | 2024-09-30 |
|---|---|---|
| Total assets | £29.7k | £12.8k |
| Current assets | £41.3k | £23.2k |
| Cash | £24.1k | £16.4k |
| Debtors | £17.2k | £6.8k |
| Net assets | £29.7k | £12.8k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
Corporate timeline (8 events)Click to expand
- 2025-10-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-01-28📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-11-05📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-09-28📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-09-28📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-09-30🏢Company incorporatedAs TORCASTLE LTD
- 2022-09-30➕MACCORMICK, Iain Scott appointeddirector
- 2022-09-30📄incorporation-companyincorporation · NEWINC
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Iain Scott Maccormick Individual · British · DOB 03/1980 · age 46 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 30/09/2022 |
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 · Professional services · KY postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ANCER RECRUITMENT LTD.→ SC205893 · est 2000 | — | — | — | 5200 | 26y | 83 | 62y |
| FERSA LTD→ SC219538 · est 2001 | — | — | — | 4 | 24y | 83 | 63y |
| FLORIDRON LIMITED→ SC132297 · est 1991 | — | — | £747.5k | — | 34y | 83 | 69y |
| LAURENCE GOULD PARTNERSHIP LIMITED→ SC124767 · est 1990 · no financials extracted | — | — | — | — | 35y | 83 | 72y |
| PHOTOSYNERGY LIMITED→ SC220986 · est 2001 · no financials extracted | — | — | — | — | 24y | 83 | 58y |
| PVX LIMITED→ SC397170 · est 2011 | — | — | £144.0k | — | 15y | 83 | 59y |
| AVENUE SCOTLAND LIMITED→ SC147452 · est 1993 | — | — | £87.8k | — | 32y | 82 | 73y |
| BALGAY FARMING COMPANY LIMITED→ SC093170 · est 1985 | — | — | — | 200 | 40y | 82 | 79y |
| CAIRNSMILL LIMITED→ SC144163 · est 1993 · no financials extracted | — | — | — | — | 32y | 82 | 74y |
| CDLH LIMITED→ SC379307 · est 2010 | — | — | — | 100 | 15y | 82 | 67y |
| DRYBURGH ASSOCIATES LIMITED→ SC367732 · est 2009 | — | — | — | 900 | 16y | 82 | 68y |
| FASTTRAC DESIGN LIMITED→ SC297992 · est 2006 | — | — | £4.3k | — | 20y | 82 | 65y |
8 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 · 0 resigned)
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