SPEY FISHING TRUST LIMITED

🌳Matureactive

SC047641 · ltd · incorporated 1970-06-18

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 Mar 2025

Net worth

£52.4k

book net assets

Opportunity

81/100

Exceptional

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What this business does

Primary activity: SIC 03120

Sector: Agriculture, forestry & fishing

Investor take

Pursue

Asset-holding vehicle with a 89-year-old founder — textbook succession opportunity.

Opportunity 81/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 89). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (72/100)

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

Confirmed no charges registered

Directors & officers

21 officers (8 active, 21 linked, 19 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

4 connected companies via shared directors

Filing history

118 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

81/100Exceptional

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

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £52,419

Net assets shrinking

Down £763 YoY

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£52k

↓ 1.4% YoY

Current Assets

£53k

↑ 14% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-03-31	2024-03-31
Total assets	£52.4k	£53.2k
Current assets	£52.9k	£46.6k
Net assets	£52.4k	£53.2k

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

Recent activity

Last 30 days

filing

• 1 accounts

Last 90 days

filing

• 1 accounts

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (45 events)Click to expand

2026-03-31
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-17
➖
KNIGHT, Roger David resigned
secretary
2024-06-17
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2024-06-17
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-06-17
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-22
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-02
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-13
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-07-29
➖
WILLS, Catherine, Dr resigned
director
2021-11-02
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-23
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-11-12
📄
termination-director-company-with-name-termination-date
officers · TM01
2019-11-05
➖
MILLAR, Robert Peter Wharton resigned
director
2019-09-23
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-06-17
📄
termination-director-company-with-name-termination-date
officers · TM01
2019-01-18
📄
termination-director-company-with-name-termination-date
officers · TM01
2019-01-07
➖
WILLIAMS, Alan Edward resigned
director
2018-09-14
📄
termination-director-company-with-name-termination-date
officers · TM01
2018-09-10
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-09-01
➖
ROBERTSON, William Hugh resigned
director
2017-09-11
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2016-05-04
➖
MOUNTAIN, Edward Brian Stanford, Sir resigned
director
2012-08-09
➕
GORDON LENNOX, Angus Charles appointed
director
2012-08-09
➖
CLARK, Frank Malcolm resigned
director
2011-11-15
➖
BLAKENEY, Hugh resigned
director
2009-08-13
➕
NEWBOULD, Malcolm Stanhope, Dr appointed
director
2009-08-13
➖
TINSLEY, Anthony Cole resigned
director
2008-05-31
➖
BROWN, Charles Ross resigned
director
2007-04-30
➖
BLAKENEY, Hugh resigned
secretary
2007-04-01
➕
KNIGHT, Roger David appointed
secretary
2006-11-15
➕
FORBES LEITH, John Charles appointed
director
2006-11-15
➕
HOLLINGBERRY, George appointed
director
2006-11-15
➕
MCGREGOR, Alastair Douglas Murray appointed
director
2006-11-15
➕
SEAFIELD, Ian Derek Francis, The Earl Of Seafield appointed
director
2006-11-15
➕
BROWN, Charles Ross appointed
director
2006-11-15
➕
ROBERTSON, William Hugh appointed
director
2006-11-15
➕
TINSLEY, Anthony Cole appointed
director
2006-11-15
➕
WILLS, Catherine, Dr appointed
director
2006-01-11
➕
MOUNTAIN, Edward Brian Stanford, Sir appointed
director
2005-11-08
➖
RUSSELL, Oliver Henry resigned
director
2005-08-07
➕
MACPHERSON-GRANT, Guy Ewan appointed
director
2005-08-07
➕
CLARK, Frank Malcolm appointed
director
2005-08-07
➕
WILLIAMS, Alan Edward appointed
director
1996-07-28
➖
CROSET, Paul John Francis resigned
director
1970-06-18
🏢
Company incorporated
As SPEY FISHING TRUST LIMITED

Owner dependency

65/100

High — earn-out structure required

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

FACTORS

-8 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 89 — succession pressure is live.

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 89 years old. Natural succession window is now.
primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 56 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.)

🔒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 · IV postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
ASSYNT CROFTERS TRUST LIMITED→ SC140205 · est 1992	—	—	—	3	33y	83	88y
BLUE MOTION FISHING CO. LIMITED→ SC357414 · est 2009	—	—	£762.9k	—	17y	83	62y
BURGIE LODGE FARMS LIMITED→ SC031556 · est 1956	—	—	£1.67M	—	69y	83	73y
CAWDOR FORESTRY LIMITED→ SC218848 · est 2001	—	—	£468.9k	—	24y	83	64y
DINGWALL & HIGHLAND MARTS LIMITED→ SC154876 · est 1994	—	—	—	39	31y	83	81y
EASTER ROSS FARMERS LIMITED→ SC060125 · est 1976	—	—	—	100	49y	83	95y
GLENROSSAL LIMITED→ SC351176 · est 2008	—	—	£2.77M	—	17y	83	88y
KINGSBURGH FOREST TRUST→ SC227429 · est 2002 · no financials extracted	—	—	—	—	24y	83	75y
MJM (FARMERS) LIMITED→ SC288996 · est 2005	—	—	£1.80M	—	20y	83	71y
SPYNIE FARMERS LIMITED→ SC113051 · est 1988 · no financials extracted	—	—	—	—	37y	—	—
STRATHNAIRN COMMUNITY WOODLANDS→ SC228026 · est 2002 · no financials extracted	—	—	—	—	24y	—	—
TARTAN TIMBER HARVESTING LTD→ SC849444 · est 2025 · no financials extracted	—	—	—	—	—	—	—

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.

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Company details

Statusactive

Typeltd

Incorporated1970-06-18

Jurisdictionscotland

Primary SIC03120 — SIC 03120

Registered office

Gordon Castle Estate Office

Gordon Castle

Fochabers

Moray

IV32 7PQ

Scotland

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-09-20

Last: 2025-09-06