MFPOTATOES LIMITED

🌳Matureactive
SC036262 · ltd · incorporated 1961-03-25
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 44.4y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
83/100
Exceptional
🔔
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What this business does
Primary activity: SIC 01130
Sector: Agriculture, forestry & fishing
Investor take
Pursue
Active trading company with a 81-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 81). 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 44.4y

50/100
clean up first

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

  • · Oldest live charge is 44.4 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 (70/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
7 officers (5 active, 7 linked, 6 with DOB)
87
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
71 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
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
85
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-31
Average employees0

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
0
filings
Last 180 days
2
filings
  • 1 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2025-12-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-02-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-12-16
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  4. 2024-02-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-02-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-02-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-02-10
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  8. 2021-05-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2020-02-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2019-02-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2018-02-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2017-02-15
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2016-02-15
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2015-12-14
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2015-03-06
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  16. 2015-03-02
    🔒
    Charge registered #2
    Lender: Clydesdale Bank PLC
  17. 2014-04-06
    MILLER, Wendy appointed
    director
  18. 2001-05-11
    MILLER, Betty Lawrence resigned
    director
  19. 1997-05-11
    MILLER, Stewart Ormiston resigned
    director
  20. 1995-04-06
    MILLER, John Stewart appointed
    director
  21. 1981-12-18
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  22. 1961-03-25
    🏢
    Company incorporated
    As MFPOTATOES LIMITED

Owner dependency

73/100
High — earn-out structure required

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

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 31 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 81 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

90/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 81 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 31 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 65 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.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr John Stewart Miller
Individual · British · DOB 04/1974 · age 52
2550%
25-50% shares06/04/2016
Miss Elizabeth Lumsden Miller
Individual · British · DOB 03/1948 · age 78
2550%
board controlsig. influence25-50% shares · board control · significant influence · firm interest06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated1961-03-25
Jurisdictionscotland
Primary SIC01130 — SIC 01130

Registered office

Rosefield
Balbeggie
Perthshire
PH2 6AT

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-12-20
Last: 2025-12-06

Officers (5 active · 2 resigned)

MILLER, Elizabeth Lumsden
secretary
View their other companies + combined net worth →
Active
MILLER, Elizabeth Lumsden
director · ~78y
View their other companies + combined net worth →
Active
MILLER, John Stewart
director · ~52y · appointed 1995-04-06
View their other companies + combined net worth →
Active
MILLER, Kenneth Powrie
director · ~81y
View their other companies + combined net worth →
Active
MILLER, Wendy
director · ~52y · appointed 2014-04-06
View their other companies + combined net worth →
Active
MILLER, Betty Lawrence
director · ~108y · resigned 2001-05-11
Resigned
MILLER, Stewart Ormiston
director · ~108y · resigned 1997-05-11
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Virgin Money
Clydesdale Bank PLC
A registered charge02/03/2015
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property18/12/1981
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (71 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-16
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-12-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-22
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-02-10
confirmation-statement-with-updates
confirmation-statement · CS01
2021-12-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-02-26