NORTH COAST PROPERTIES (CAITHNESS) LTD
Opportunity 75/100 (strong), bankability 65/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
Data confidence
Overall: low (46/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Recent activity
- • 1 confirmation-statement
Corporate timeline (4 events)Click to expand
- 2024-11-04🏢Company incorporatedAs NORTH COAST PROPERTIES (CAITHNESS) LTD
- 2024-11-04➕PETRIE, Ernest John appointeddirector
- 2024-11-04➕PETRIE, Michael John Steele appointeddirector
- 2024-11-04📄incorporation-companyincorporation · NEWINC
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder age: Director aged approximately 85 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +Young company: Only 1.5 years old — management layer unlikely to be developed.
Succession & seller-readiness
Limited succession signal. Not a near-term off-market candidate.
- primaryFamily succession underway: Not a takeover target — PETRIE, Michael John Steele (same surname) appointed 2024-11-04. Pattern consistent with intra-family handover.
- primaryFounder aged 70+: Senior director is approximately 85 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanRadial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
Active · Property · KW postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BALLOAN LIMITED→ SC211885 · est 2000 | £537.6k £457.0k–£618.3k | — | £537.6k | — | 25y | 80 | 72y |
| CAITHNESS INVESTORS LTD→ SC383490 · est 2010 | £317.5k £269.9k–£365.1k | — | £317.5k | — | 15y | 80 | 80y |
| NORRIAN LTD.→ SC394137 · est 2011 | £315.0k £267.7k–£362.2k | — | £315.0k | — | 15y | 80 | 60y |
| ORKNEY QUALITY DEVELOPMENTS LIMITED→ SC178227 · est 1997 | £300.9k £255.8k–£346.0k | — | £300.9k | — | 28y | 80 | 63y |
| ORKNEY HOMES TRUST LIMITED→ SC132048 · est 1991 | £161.5k £137.3k–£185.7k | — | £161.5k | — | 34y | 83 | 78y |
| BIRKENHILL COMPUTING SERVICES LIMITED→ SC070779 · est 1980 | £153.6k £130.6k–£176.7k | — | £153.6k | — | 46y | 79 | 82y |
| GESTAQUOY LTD→ SC434200 · est 2012 | £86.3k £73.3k–£99.2k | — | £86.3k | — | 13y | 79 | 58y |
| BRORA PROPERTIES LIMITED→ SC262296 · est 2004 | £71.9k £61.1k–£82.7k | — | £71.9k | — | 22y | 80 | 82y |
| JOHNSTON PROPERTIES (ORKNEY) LIMITED→ SC632400 · est 2019 | £45.1k £38.3k–£51.9k | — | £45.1k | — | 6y | 79 | 71y |
| ENTERPRISE PROPERTIES (ORKNEY) LIMITED→ SC327200 · est 2007 | — | — | — | 0 | 18y | 83 | 64y |
| LOWS ORKNEY LIMITED→ SC372531 · est 2010 | — | — | — | 2800 | 16y | 83 | 65y |
| BIRSAY COMMUNITY ASSOCIATION→ SC382404 · est 2010 · no financials extracted | — | — | — | — | 15y | 81 | 84y |
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
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Filing status
Officers (2 active · 0 resigned)
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