BORDERS LIVESTOCK SERVICES LTD
🌳Matureactive
04730242 · ltd · incorporated 2003-04-10
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Apr 2025
Net worth
£-757
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: SIC 01621
Sector: Agriculture, forestry & fishing
Investor take
Pass (distressed without resilience)Active trading company. Family succession underway — not a classic acquisition target.
Opportunity 76/100 (strong), bankability 75/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: distressed disposal / insolvency (65/100).
Data confidence
Overall: medium (76/100)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
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
65 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
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)Negative net assets
Liabilities exceed assets by £757
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£757
↑ 95% YoY
Current Assets
£2k
↓ 72% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Total assets | £7.0k | £-14.8k |
| Current assets | £1.5k | £5.4k |
| Net assets | £-757 | £-16.4k |
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
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
- 2026-01-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-07-05📄gazette-filings-brought-up-to-dategazette · DISS40
- 2025-07-01📄gazette-notice-compulsorygazette · GAZ1
- 2025-01-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-12-12📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-12-06➕CORMACK, Cameron David appointeddirector
- 2024-04-30📄gazette-filings-brought-up-to-dategazette · DISS40
- 2024-04-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-04-02📄gazette-notice-compulsorygazette · GAZ1
- 2023-01-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-01-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-01-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-02-21📄resolutionresolution · RESOLUTIONS
- 2020-02-20📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-01-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-01-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-01-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2003-04-10🏢Company incorporatedAs BORDERS LIVESTOCK SERVICES LTD
- 2003-04-10➕CORMACK, Christina Mary appointedsecretary
- 2003-04-10➕CORMACK, Fraser Ewan appointeddirector
Owner dependency
76/100
High — earn-out structure requiredMaterial 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 23 years — deep operational knowledge concentrated in one person.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
16/100
No succession signalNo meaningful acquirability indicators from public data.
SIGNALS
- primaryFamily succession underway: Not a takeover target — CORMACK, Cameron David (same surname) appointed 2024-12-06. Pattern consistent with intra-family handover.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
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
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Fraser Cormack Individual · British · DOB 03/1969 · age 57 | 75–100% | — | 75-100% shares | 01/07/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Agriculture · CW postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A & R DODD LIMITED→ 06704886 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| AKS SMALLHOLDINGS LIMITED→ 13311932 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ALAN SIMPSON FARMING LTD→ 07515614 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
| AR WALKS LTD→ 15777304 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ARBOUR FARMING LIMITED→ 11082603 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ASHDALE FARM LTD→ 15517100 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| B & C DODD FARM LTD→ 10342922 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| BAGMERE FARM LIMITED→ 16431838 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BEN CARUS STABLES LTD→ 12722925 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| BETLEY COURT FARM PARTNERSHIP LIMITED→ 10127192 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| BIG GAME HUNTING & SAFARI LTD→ 16231611 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| BOUNDARY FOX KENNELS LIMITED→ 15969945 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
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
Incorporated2003-04-10
Jurisdictionengland-wales
Primary SIC01621 — SIC 01621
Registered office
20 Thorn Tree Drive
Leighton
Crewe
CW1 4UA
England
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-04-24
Last: 2026-04-10
Officers (3 active · 0 resigned)
CORMACK, Christina Mary→
Activesecretary · appointed 2003-04-10
View their other companies + combined net worth →
CORMACK, Cameron David→
Activedirector · ~23y · appointed 2024-12-06
View their other companies + combined net worth →
CORMACK, Fraser Ewan→
Activedirector · ~57y · appointed 2003-04-10
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (65 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-21
accounts-with-accounts-type-micro-entity
accounts · AA
2026-01-31
gazette-filings-brought-up-to-date
gazette · DISS40
2025-07-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-02
gazette-notice-compulsory
gazette · GAZ1
2025-07-01
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-29
appoint-person-director-company-with-name-date
officers · AP01
2024-12-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-16
gazette-filings-brought-up-to-date
gazette · DISS40
2024-04-30
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-29
gazette-notice-compulsory
gazette · GAZ1
2024-04-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-19
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-28
accounts-with-accounts-type-micro-entity
accounts · AA
2022-01-28