FIRTH FYNE FISH LTD

🌳Matureactive

04375720 · ltd · incorporated 2002-02-18

Investment thesis

Well-run mature business — low negotiation leverage; premium likely.

Why interesting: Textbook target; clean filings, stable trading.

Why risky: No pressure on seller; any deal likely at full price.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 21.5y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Sept 2024

Net worth

—

book net assets

Opportunity

83/100

Exceptional

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What this business does

Primary activity: SIC 10200

Sector: Manufacturing

Investor take

Pursue

Active trading company with a 61-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 61). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 21.5y

50/100

clean up first

Refinance viable after a tidy-up — address the highlighted items first.

· Oldest live charge is 21.5 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (79/100)

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

Lenders & charges

2 charges (2/2 with lender, 2/2 with type)

Directors & officers

7 officers (3 active, 7 linked, 3 with DOB)

Ownership & PSC

3 active PSC(s) of 3 total, 3 with control declared

Director network

3 connected companies via shared directors

Filing history

70 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

83/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2024-09-30	2023-09-30
Average employees	0	0

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals 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

filings

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (30 events)Click to expand

2025-06-24
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-24
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-06-10
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-06-26
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-07-02
📄
accounts-with-accounts-type-small
accounts · AA
2018-06-21
📄
accounts-with-accounts-type-small
accounts · AA
2017-06-27
📄
accounts-with-accounts-type-small
accounts · AA
2016-05-26
📄
accounts-with-accounts-type-small
accounts · AA
2016-02-19
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-05-18
📄
accounts-with-accounts-type-small
accounts · AA
2015-02-03
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-06-23
📄
accounts-with-accounts-type-small
accounts · AA
2014-02-07
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-01-14
🔓
Charge satisfied #1
2008-01-17
🔒
Charge registered #2
Lender: Lloyds Tsb Scotland PLC
2006-01-27
➕
OATES, Timothy Richard appointed
secretary
2006-01-27
➖
PARSONS, Ralph Andrew resigned
secretary
2004-11-25
🔒
Charge registered #1
Lender: The Royal Bank of Scotland Commercial Services Limited
2004-02-12
➖
PARSONS, Ralph Andrew resigned
director
2004-01-01
➕
OATES, Timothy Richard appointed
director
2004-01-01
➕
PARSONS, Timothy John appointed
director
2002-02-18
🏢
Company incorporated
As FIRTH FYNE FISH LTD
2002-02-18
➕
PARSONS, Ralph Andrew appointed
secretary
2002-02-18
➕
QA REGISTRARS LIMITED appointed
corporate-nominee-secretary
2002-02-18
➖
QA REGISTRARS LIMITED resigned
corporate-nominee-secretary
2002-02-18
➕
PARSONS, Ralph Andrew appointed
director
2002-02-18
➕
QA NOMINEES LIMITED appointed
corporate-nominee-director
2002-02-18
➖
QA NOMINEES LIMITED resigned
corporate-nominee-director

Owner dependency

76/100

High — earn-out structure required

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

FACTORS

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
+Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 61 — approaching natural succession window.

Succession & seller-readiness

76/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 24 years old and no new directors in the last 3 years — succession not yet being planned internally.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Highland Smoked Salmon (Holdings) Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Highland Smoked Salmon (Holdings) Ltd

Corporate parent · holds 75-100% shares · board control

ultimate parent

⬇

FIRTH FYNE FISH LTD

This company · 04375720

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

3 active beneficial owners · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Highland Smoked Salmon (Holdings) Ltd Corporate entity	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	30/06/2016
Timothy Richard Oates Individual · British · DOB 03/1965 · age 61	—	—	sig. influencesignificant influence	30/06/2016
Mr Timothy John Parsons Individual · British · DOB 03/1965 · age 61	—	—	sig. influencesignificant influence	30/06/2016

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.

See pricing →

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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

Incorporated2002-02-18

Jurisdictionengland-wales

Primary SIC10200 — SIC 10200

Registered office

Dalmar House Barras Lane Estate

Dalston

Carlisle

CA5 7NY

Filing status

Accounts

Next due: 2026-06-30

Last made up to: 2024-09-30

Confirmation statement

Next due: 2027-02-15

Last: 2026-02-01

Officers (3 active · 4 resigned)

OATES, Timothy Richard→

secretary · appointed 2006-01-27

View their other companies + combined net worth →

Active

OATES, Timothy Richard→

director · ~61y · appointed 2004-01-01

View their other companies + combined net worth →

Active

PARSONS, Timothy John→

director · ~61y · appointed 2004-01-01

View their other companies + combined net worth →

Active

PARSONS, Ralph Andrew→

secretary · appointed 2002-02-18 · resigned 2006-01-27

Resigned

QA REGISTRARS LIMITED→

corporate-nominee-secretary · appointed 2002-02-18 · resigned 2002-02-18

Resigned

PARSONS, Ralph Andrew→

director · ~90y · appointed 2002-02-18 · resigned 2004-02-12

Resigned

QA NOMINEES LIMITED→

corporate-nominee-director · appointed 2002-02-18 · resigned 2002-02-18

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:2 of 2 shown

			Type	Properties
	outstanding	Lloyds Banking Group Lloyds Tsb Scotland PLC	Debenture deed	1 property	17/01/2008	—
	satisfied	Lloyds Banking Group The Royal Bank of Scotland Commercial Services Limited	Fixed and floating charge	1 property	25/11/2004	14/01/2010

Click column headers to sort. Use filters above to narrow by status and lender.