ORKNEY INSURANCE BROKERS LTD

💤Zombieactive
SC760644 · ltd · incorporated 2023-03-01
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
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Turnover
year to Mar 2025
Net worth
£46.3k
book net assets
Opportunity
71/100
Strong
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What this business does
Primary activity: Activities of insurance agents and brokers
Sector: Financial & insurance
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.

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: strategic trade sale (65/100).

Data confidence

Overall: high (80/100)

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 (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
12 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
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £46,320
Cash YoY
+63%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£63k
↑ 63% YoY
Net Worth
£46k
↑ 102% YoY
Current Assets
£81k
↑ 59% YoY
Current Liabilities
£0£16k£32k£49k£65k£81kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£79.0k£61.0k
Current assets£81.2k£51.2k
Cash£62.8k£38.5k
Debtors£18.5k£12.7k
Net assets£46.3k£22.9k

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
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (13 events)Click to expand
  1. 2025-05-20
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2024-06-12
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2023-07-10
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  4. 2023-07-10
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2023-04-18
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  6. 2023-04-18
    ✏️
    change-of-name-request-comments
    change-of-name · NM06
  7. 2023-04-18
    📄
    resolution
    resolution · RESOLUTIONS
  8. 2023-03-07
    STANGER, Hannah Mary resigned
    director
  9. 2023-03-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2023-03-01
    🏢
    Company incorporated
    As ORKNEY INSURANCE BROKERS LTD
  11. 2023-03-01
    STANGER, Adam Balfour appointed
    director
  12. 2023-03-01
    STANGER, Hannah Mary appointed
    director
  13. 2023-03-01
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
Moderate signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

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 Adam Balfour Stanger
Individual · British · DOB 10/1982 · age 44
5075%
50–75%board control50-75% shares · 50-75% voting · board control01/03/2023
Mrs Hannah Mary Stanger
Individual · British · DOB 01/1987 · age 39
2550%
25–50%25-50% shares · 25-50% voting01/07/2023

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.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

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 →
🔒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
Incorporated2023-03-01
Jurisdictionscotland
Primary SIC66220 — Activities of insurance agents and brokers

Registered office

Mansfield
Manse Road
Kirkwall
KW15 1BS
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-14
Last: 2026-02-28

Officers (1 active · 1 resigned)

STANGER, Adam Balfour
director · ~44y · appointed 2023-03-01
View their other companies + combined net worth →
Active
STANGER, Hannah Mary
director · ~39y · appointed 2023-03-01 · resigned 2023-03-07
Resigned

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

Recent filings (12 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-02
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-05-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-28
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-06-12
confirmation-statement-with-updates
confirmation-statement · CS01
2024-02-29
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-07-10
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-07-10
certificate-change-of-name-company
change-of-name · CERTNM
2023-04-18
change-of-name-request-comments
change-of-name · NM06
2023-04-18
resolution
resolution · RESOLUTIONS
2023-04-18
termination-director-company-with-name-termination-date
officers · TM01
2023-03-07
incorporation-company
incorporation · NEWINC
2023-03-01