LADYKIRK ESTATES LIMITED
🌳Matureactive
SC015891 · ltd · incorporated 1930-03-22
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 Nov 2024
Net worth
£3.03M
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Growing of cereals (except rice), leguminous crops and oil seeds
Sector: Agriculture, forestry & fishing
ALSO REGISTERED FOR
- 01630Post-harvest crop activities
Investor take
PursueActive trading company with a 86-year-old founder — textbook succession opportunity.
Opportunity 75/100 (strong), bankability 57/100. Strong seller-intent signal (83/100, director aged 86). Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (53/100).
🏦
Refinance opportunity
19 live charges · 4 lenders · oldest 24.5y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 24.5 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
19 charges (19/19 with lender, 19/19 with type)
90
Directors & officers
7 officers (2 active, 7 linked, 6 with DOB)
87
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
126 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £3,032,058
Net assets shrinking
Down £469,722 YoY
Cash draining
Cash down 93% YoY
Cash YoY
-93%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£4k
↓ 93% YoY
Net Worth
£3.0m
↓ 13% YoY
Current Assets
£1.8m
↓ 17% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-11-28 | 2023-11-28 |
|---|---|---|
| Total assets | £7.21M | £7.28M |
| Current assets | £1.76M | £2.12M |
| Cash | £4.1k | £58.8k |
| Debtors | £1.44M | £1.76M |
| Net assets | £3.03M | £3.50M |
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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (47 events)Click to expand
- 2025-09-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-08-27➖BIRCH, Henry Michael James resigneddirector
- 2025-08-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-08-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-05-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-05-21🔒Charge registered #19Lender: Bank of Scotland PLC
- 2023-08-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-08-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-08-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-03-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-03-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-03-04🔒Charge registered #18Lender: Coutts & Company
- 2021-03-04🔒Charge registered #17Lender: Coutts & Company
- 2021-02-19📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-02-19🔓Charge satisfied #1
- 2020-11-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-09-30📄mortgage-satisfy-charge-partmortgage · MR04
- 2020-09-30📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-09-30🔓Charge satisfied #3
- 2019-11-05📄change-person-director-company-with-change-dateofficers · CH01
- 2019-08-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-08-23📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2018-08-23📄change-person-director-company-with-change-dateofficers · CH01
- 2013-10-24➖P & J STORMONTH DARLING WS resignedcorporate-secretary
- 2012-09-17➖PENMAN, Andrew Paterson resigneddirector
- 2010-05-28➕ASKEW, Jack William appointeddirector
- 2009-05-20🔒Charge registered #16Lender: The Agricultural Mortgage Corporation PLC
- 2009-05-20🔒Charge registered #15Lender: The Agricultural Mortgage Corporation PLC
- 2009-05-20🔒Charge registered #14Lender: The Agricultural Mortgage Corporation PLC
- 2009-05-20🔒Charge registered #13Lender: The Agricultural Mortgage Corporation PLC
- 2009-05-20🔒Charge registered #12Lender: The Agricultural Mortgage Corporation PLC
- 2009-05-20🔒Charge registered #11Lender: The Agricultural Mortgage Corporation PLC
- 2009-05-20🔒Charge registered #10Lender: The Agricultural Mortgage Corporation PLC
- 2009-05-20🔒Charge registered #9Lender: The Agricultural Mortgage Corporation PLC
- 2009-05-20🔒Charge registered #8Lender: The Agricultural Mortgage Corporation PLC
- 2009-05-20🔒Charge registered #7Lender: The Agricultural Mortgage Corporation PLC
- 2009-05-20🔒Charge registered #6Lender: The Agricultural Mortgage Corporation PLC
- 2009-05-20🔒Charge registered #5Lender: The Agricultural Mortgage Corporation PLC
- 2007-12-10🔒Charge registered #4Lender: Bank of Scotland PLC
- 2007-06-01➕BIRCH, Henry Michael James appointeddirector
- 2007-06-01➕PENMAN, Andrew Paterson appointeddirector
- 2004-06-18🔒Charge registered #3Lender: The Governor and Company of the Bank of Scotland
- 2004-06-01🔒Charge registered #2Lender: The Governor and Company of the Bank of Scotland
- 2001-11-28🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 1996-09-09➖BOWES, William Forsyth resigneddirector
- 1995-10-19➖ASKEW, John Marjoribanks Eskdale resigneddirector
- 1930-03-22🏢Company incorporatedAs LADYKIRK ESTATES LIMITED
Owner dependency
91/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
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 16 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 86 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
89/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 86 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 16 years.
- secondaryStable-but-static management: Company is 96 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
1 med · 1 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
17 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Henry John Askew Individual · British · DOB 04/1940 · age 86 | — | — | sig. influencesignificant influence | 06/04/2016 |
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 →Similar companies
Active · Agriculture · TD postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| JSW ACCESS & TREE SERVICES LIMITED→ 12223460 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| L.C. SMALES & SON LIMITED→ 06788163 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
| LINDISFARNE LUING LIMITED→ 07449519 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| LOWICK HALL ESTATES LIMITED(THE)→ 00368118 · est 1941 · no financials extracted | — | — | — | — | 84y | — | — |
| MINDRUM FARMING COMPANY LIMITED→ 01021807 · est 1971 · no financials extracted | — | — | — | — | 54y | — | — |
| PENMAR FARMING LIMITED→ 03053098 · est 1995 · no financials extracted | — | — | — | — | 30y | — | — |
| REDPATH FISHERIES LTD→ 11712649 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| RESTON & BERWICK FARMING COMPANY LIMITED→ 00060938 · est 1899 · no financials extracted | — | — | — | — | 127y | — | — |
| ROBSON URWIN & CO. LIMITED→ 01106530 · est 1973 · no financials extracted | — | — | — | — | 53y | — | — |
| RUTHERFORD FARMING LIMITED→ 03351752 · est 1997 · no financials extracted | — | — | — | — | 29y | — | — |
| SHIDLAW FARMING LIMITED→ 08157575 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| SIMON AINSCOUGH FARMS LIMITED→ 03497652 · est 1998 · no financials extracted | — | — | — | — | 28y | — | — |
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
Incorporated1930-03-22
Jurisdictionscotland
Primary SIC01110 — Growing of cereals (except rice), leguminous crops and oil seeds
Registered office
Academy House
Shedden Park Road
Kelso
Roxburghshire
TD5 7AL
United Kingdom
Filing status
Accounts
Next due: 2026-08-28
Last made up to: 2024-11-28
Confirmation statement
Next due: 2026-11-22
Last: 2025-11-08
Officers (2 active · 5 resigned)
Active
ASKEW, Jack William→
Activedirector · ~42y · appointed 2010-05-28
View their other companies + combined net worth →
P & J STORMONTH DARLING WS→
Resignedcorporate-secretary · resigned 2013-10-24
ASKEW, John Marjoribanks Eskdale→
Resigneddirector · ~118y · resigned 1995-10-19
BIRCH, Henry Michael James→
Resigneddirector · ~67y · appointed 2007-06-01 · resigned 2025-08-27
BOWES, William Forsyth→
Resigneddirector · ~103y · resigned 1996-09-09
PENMAN, Andrew Paterson→
Resigneddirector · ~69y · appointed 2007-06-01 · resigned 2012-09-17
Click a director name to see their full track record across all companies.
Mortgages & charges
19
Total charges
17
Outstanding
3
Active lenders
Status:Lender:19 of 19 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | — | 21/05/2024 | — | |
| outstanding | NatWest Group Coutts & Company | A registered charge | 2 properties | 04/03/2021 | — | |
| outstanding | NatWest Group Coutts & Company | A registered charge | 1 property | 04/03/2021 | — | |
| outstanding | The Agricultural Mortgage Corporation The Agricultural Mortgage Corporation PLC | Standard security | 1 property | 20/05/2009 | — | |
| outstanding | The Agricultural Mortgage Corporation The Agricultural Mortgage Corporation PLC | Standard security | 1 property | 20/05/2009 | — | |
| outstanding | The Agricultural Mortgage Corporation The Agricultural Mortgage Corporation PLC | Standard security | 1 property | 20/05/2009 | — | |
| outstanding | The Agricultural Mortgage Corporation The Agricultural Mortgage Corporation PLC | Standard security | 1 property | 20/05/2009 | — | |
| outstanding | The Agricultural Mortgage Corporation The Agricultural Mortgage Corporation PLC | Standard security | 1 property | 20/05/2009 | — | |
| outstanding | The Agricultural Mortgage Corporation The Agricultural Mortgage Corporation PLC | Standard security | 1 property | 20/05/2009 | — | |
| outstanding | The Agricultural Mortgage Corporation The Agricultural Mortgage Corporation PLC | Standard security | 1 property | 20/05/2009 | — | |
| outstanding | The Agricultural Mortgage Corporation The Agricultural Mortgage Corporation PLC | Standard security | 1 property | 20/05/2009 | — | |
| outstanding | The Agricultural Mortgage Corporation The Agricultural Mortgage Corporation PLC | Standard security | 1 property | 20/05/2009 | — | |
| outstanding | The Agricultural Mortgage Corporation The Agricultural Mortgage Corporation PLC | Standard security | 1 property | 20/05/2009 | — | |
| part-satisfied | The Agricultural Mortgage Corporation The Agricultural Mortgage Corporation PLC | Standard security | 1 property | 20/05/2009 | — | |
| outstanding | The Agricultural Mortgage Corporation The Agricultural Mortgage Corporation PLC | Standard security | 1 property | 20/05/2009 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | Standard security | 4 properties | 10/12/2007 | — | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 18/06/2004 | 30/09/2020 | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 01/06/2004 | — | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 28/11/2001 | 19/02/2021 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (126 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2025-11-13
termination-director-company-with-name-termination-date
officers · TM01
2025-09-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-27
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-05-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-26
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-03-05
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-03-05
mortgage-satisfy-charge-full
mortgage · MR04
2021-02-19