LAXDALE FOODSERVICE LIMITED
🌳Matureactive
SC035377 · ltd · incorporated 1960-06-13
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.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 26.4y old — refinance window within 12 months
What changed my view
Last 30 days
No material changes in the last 30 days.
Last 90 days
No snapshot from 90 days ago — start tracking from today.
Last 180 days
No snapshot from 180 days ago — start tracking from today.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to May 2025
Net worth
£1.80M
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: SIC 01420
Sector: Agriculture, forestry & fishing
ALSO REGISTERED FOR
- 47220Retail sale of meat and meat products in specialised stores
Investor take
PursueActive trading company with a 89-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 89). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 26.4y
70/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 26.4 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
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, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
4 officers (3 active, 4 linked, 3 with DOB)
85
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
103 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
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 £1,804,449
Cash YoY
+51%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£135k
↑ 51% YoY
Net Worth
£1.8m
↑ 2.5% YoY
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-05-31 | 2024-05-31 |
|---|---|---|
| Cash | £134.5k | £89.2k |
| Net assets | £1.80M | £1.76M |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
3 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
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
- 2026-02-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-02-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-05-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-01-25📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-01-25📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-01-25📄change-person-director-company-with-change-dateofficers · CH01
- 2022-12-13📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-05-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-01-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-01-06📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-12-30🔒Charge registered #2Lender: Miller Homes Limited (SC255429)
- 2019-11-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-10-08📄change-person-director-company-with-change-dateofficers · CH01
- 2019-10-08📄change-person-director-company-with-change-dateofficers · CH01
- 2019-10-08📄change-person-secretary-company-with-change-dateofficers · CH03
- 2019-10-08📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2019-01-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2011-07-19🔓Charge satisfied #1
- 2000-01-12🔒Charge registered #1Lender: The Miller Group Limited
- 1995-05-29➕HORNALL, Andrew Blair appointeddirector
- 1995-03-02➖HORNALL, Andrew Brown resigneddirector
- 1960-06-13🏢Company incorporatedAs LAXDALE FOODSERVICE 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 31 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 89 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
96/100
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 89 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 31 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 66 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
cleanNo 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr John Hornall Individual · British · DOB 02/1937 · age 89 | 50–75% | 50–75% | 50-75% shares · 50-75% voting | 06/04/2016 |
Mr Andrew Blair Hornall Individual · British · DOB 05/1967 · age 59 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 31/12/2018 |
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 · FK postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A D GRAHAM (FARMER) LIMITED→ SC069941 · est 1979 | — | — | — | 200 | 46y | 82 | 63y |
| BARR FARMS LIMITED→ SC256406 · est 2003 | — | — | — | 1900 | 22y | 82 | 70y |
| BRACO CASTLE FARMS LIMITED→ SC173694 · est 1997 | — | — | — | 200 | 29y | 82 | 73y |
| CHRISTIE STEWART LTD→ SC174039 · est 1997 | — | — | £672.9k | — | 29y | 82 | 60y |
| COXHILL FARM LIMITED→ SC292962 · est 2005 | — | — | — | 0 | 20y | 82 | 68y |
| GSP FARMS LIMITED→ SC046588 · est 1969 · no financials extracted | — | — | — | — | 57y | 82 | 58y |
| JOHN CAMERON. (GRAZIER) LIMITED→ SC033835 · est 1959 | — | — | — | 200 | 67y | 82 | 74y |
| LAURENT BIENFAIT WOODLANDS SERVICES LIMITED→ SC360661 · est 2009 | — | — | £254.1k | — | 17y | 82 | 64y |
| LINKSFIELD LAND DRAINAGE LIMITED→ SC177497 · est 1997 | — | — | — | 0 | 28y | 82 | 58y |
| SCOTTISH SEA FARMS SALES LIMITED→ SC165107 · est 1996 · no financials extracted | — | — | — | — | 30y | 82 | 58y |
| STOCKSCAN (SCOTLAND) LTD.→ SC281632 · est 2005 | — | — | — | 4 | 21y | 82 | 58y |
| CALLENDAR ESTATE (BIOMASS) LIMITED→ SC362480 · est 2009 | — | — | — | 0 | 16y | 81 | 75y |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
7 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
Incorporated1960-06-13
Jurisdictionscotland
Primary SIC01420 — SIC 01420
Registered office
Falleninch Farm
Dumbarton Road
Stirling
FK8 3AB
Filing status
Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-12-19
Last: 2025-12-05
Officers (3 active · 1 resigned)
Active
HORNALL, Andrew Blair→
Activedirector · ~59y · appointed 1995-05-29
View their other companies + combined net worth →
Active
HORNALL, Andrew Brown→
Resigneddirector · ~116y · resigned 1995-03-02
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Miller Homes (SC255429) Miller Homes Limited (SC255429) | A registered charge | 1 property | 30/12/2020 | — | |
| satisfied | The Miller Group The Miller Group Limited | Standard security | 1 property | 12/01/2000 | 19/07/2011 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (103 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-25
confirmation-statement-with-updates
confirmation-statement · CS01
2025-12-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-28
confirmation-statement-with-updates
confirmation-statement · CS01
2024-12-12
confirmation-statement-with-updates
confirmation-statement · CS01
2023-12-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-26
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-01-25
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-01-25
change-person-director-company-with-change-date
officers · CH01
2023-01-25
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-12-13
confirmation-statement-with-updates
confirmation-statement · CS01
2022-12-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-27
confirmation-statement-with-updates
confirmation-statement · CS01
2022-01-07
confirmation-statement-with-updates
confirmation-statement · CS01
2021-02-22