STRATHMORE FOODS LIMITED
🌳Matureactive
SC053180 · ltd · incorporated 1973-05-24
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
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
83/100
Exceptional
What this business does
Primary activity: Manufacture of prepared meals and dishes
Sector: Manufacturing
Investor take
PursueActive trading company with a 79-year-old founder — textbook succession opportunity.
Opportunity 83/100 (exceptional), bankability 57/100. Strong seller-intent signal (63/100, director aged 79). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
6 live charges · 3 lenders · oldest 47.5y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 47.5 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (57/100)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
No iXBRL financials extracted
0
Lenders & charges
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
19 officers (7 active, 19 linked, 10 with DOB)
81
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
174 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.
Recent activity
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 accounts
Last 180 days
4
filings
- • 2 officers
- • 1 accounts
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (54 events)Click to expand
- 2026-03-19📄accounts-with-accounts-type-mediumaccounts · AA
- 2025-12-10📄change-person-director-company-with-change-dateofficers · CH01
- 2025-12-10📄change-person-director-company-with-change-dateofficers · CH01
- 2025-10-28📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-10-27📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-10-07📄capital-name-of-class-of-sharescapital · SH08
- 2025-03-14📄accounts-with-accounts-type-mediumaccounts · AA
- 2024-03-27📄accounts-with-accounts-type-fullaccounts · AA
- 2023-03-24📄accounts-with-accounts-type-fullaccounts · AA
- 2022-03-15📄accounts-with-accounts-type-fullaccounts · AA
- 2022-01-06📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-01-04➕MACRAE, Neil Donald appointeddirector
- 2021-03-29📄accounts-with-accounts-type-fullaccounts · AA
- 2020-03-16📄accounts-with-accounts-type-fullaccounts · AA
- 2020-03-06📄capital-name-of-class-of-sharescapital · SH08
- 2020-03-06📄resolutionresolution · RESOLUTIONS
- 2020-02-28📄capital-alter-shares-redemption-statement-of-capitalcapital · SH02
- 2019-09-23📄appoint-person-director-company-with-name-dateofficers · AP01
- 2019-09-20➕NISBET, Jacqueline appointeddirector
- 2019-03-19📄accounts-with-accounts-type-fullaccounts · AA
- 2016-02-12➖CLARKE, Ian Hamish Taylor resigneddirector
- 2010-07-16🔒Charge registered #6Lender: Clydesdale Bank PLC
- 2010-06-29🔒Charge registered #5Lender: Clydesdale Bank PLC
- 2010-05-19➕NISBET, Douglas Jardine appointeddirector
- 2010-03-24➖MUIR, Colin David Findlay resigneddirector
- 2009-06-16🔓Charge satisfied #4
- 2007-03-08➕FOSTER, Julie Emily appointeddirector
- 2007-01-26➖JACKSON, Elizabeth resigneddirector
- 2005-06-08🔒Charge registered #4Lender: Clydesdale Bank Public Limited Company
- 2005-06-08🔒Charge registered #3Lender: Clydesdale Bank Public Limited Company
- 1999-01-18➕EGAN, Dain Michael appointedsecretary
- 1999-01-18➕EGAN, Dain Michael appointeddirector
- 1999-01-18➖MUIR, Colin David Findlay resignedsecretary
- 1998-06-17➕MUIR, Colin David Findlay appointedsecretary
- 1998-06-10➖EGAN, Alice Marion resignedsecretary
- 1998-06-10➖EGAN, Alice Marion resigneddirector
- 1997-10-10➕EGAN, Alice Marion appointeddirector
- 1997-06-04➕CLARKE, Ian Hamish Taylor appointeddirector
- 1997-06-04➕JACKSON, Elizabeth appointeddirector
- 1996-12-16➕EGAN, Alice Marion appointedsecretary
- 1996-12-16➖MUIR, Colin David Findlay resignedsecretary
- 1996-08-30➖EGAN, Dain Michael resignedsecretary
- 1996-08-30➕MUIR, Colin David Findlay appointedsecretary
- 1996-01-24➕EGAN, Dain Michael appointedsecretary
- 1996-01-24➖MUIR, Colin David Findlay resignedsecretary
- 1995-11-24➖MENNIE, Patrick James resignedsecretary
- 1995-11-24➕MUIR, Colin David Findlay appointedsecretary
- 1990-11-12➕MENNIE, Patrick James appointedsecretary
- 1990-11-12➖MUIR, Colin David Findlay resignedsecretary
- 1990-06-29➖ALLAN, Michael resigneddirector
Showing most recent 50 of 54 events
Owner dependency
73/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- -6 active directors: Broader management team in place — suggests transferable governance.
- +Long-tenure founder: Senior director has been in place 27 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 79 — 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 candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 79 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 27 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 53 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.)
Group structure
Blackadders Trustees Limited holds majority control (50-75%). Likely parent but not wholly-owned.
🏛️majority
Blackadders Trustees Limited
Corporate parent · holds 50-75% shares
⬇
STRATHMORE FOODS LIMITED
This company · SC053180
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Blackadders Trustees Limited Corporate entity | 50–75% | — | 50-75% shares · trust interest | 25/02/2020 |
Mr Colin Stevenson Nisbet Individual · British · DOB 05/1947 · age 79 | — | — | 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 · Food & drink · DD postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AIMERS COFFEE AND TEA LTD→ SC242232 · est 2003 | £1.00M £739.2k–£1.27M | — | — | 26 | 23y | 82 | 72y |
| HIGHLAND GAME LIMITED→ SC179833 · est 1997 | — | — | — | 96 | 28y | 85 | 62y |
| DUNDEE COLD STORES LIMITED→ SC314713 · est 2007 | — | — | £10.89M | — | 19y | 83 | 88y |
| FALCONERS FAMILY BUTCHERS LIMITED→ SC202873 · est 2000 | — | — | £179.9k | — | 26y | 82 | 65y |
| GOODFELLOWS OF DUNDEE LTD→ SC029972 · est 1954 | — | — | — | 11700 | 72y | 82 | 83y |
| JAMES MCLAREN & SON (BAKERS) LIMITED→ SC214218 · est 2000 | — | — | £21.4k | — | 25y | 82 | 65y |
| GRANT'S OF DUNDEE LIMITED→ SC154964 · est 1994 | — | — | — | 0 | 31y | 80 | 78y |
| MURRAY MCGREGOR LIMITED→ SC354639 · est 2009 | — | — | — | 0 | 17y | 80 | 71y |
| COFFEE SOURCE LIMITED→ SC275004 · est 2004 | — | — | — | 1 | 21y | 79 | 72y |
| GREENHILL PRODUCE LIMITED→ SC528328 · est 2016 | — | — | £2.42M | — | 10y | 79 | 72y |
| MIDDLETON OF RORA DAIRY PRODUCE LIMITED→ SC532571 · est 2016 | — | — | — | 600 | 10y | 79 | 62y |
| PROSPERE LIMITED→ SC291061 · est 2005 | — | — | — | 1 | 20y | 79 | 72y |
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
Incorporated1973-05-24
Jurisdictionscotland
Primary SIC10850 — Manufacture of prepared meals and dishes
Registered office
Carseview Road
Forfar Angus
DD8 3NG
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-28
Confirmation statement
Next due: 2026-12-22
Last: 2025-12-08
Officers (7 active · 12 resigned)
EGAN, Dain Michael→
Activesecretary · appointed 1999-01-18
View their other companies + combined net worth →
EGAN, Dain Michael→
Activedirector · ~61y · appointed 1999-01-18
View their other companies + combined net worth →
FOSTER, Julie Emily→
Activedirector · ~49y · appointed 2007-03-08
View their other companies + combined net worth →
MACRAE, Neil Donald→
Activedirector · ~41y · appointed 2022-01-04
View their other companies + combined net worth →
Active
NISBET, Douglas Jardine→
Activedirector · ~52y · appointed 2010-05-19
View their other companies + combined net worth →
NISBET, Jacqueline→
Activedirector · ~77y · appointed 2019-09-20
View their other companies + combined net worth →
EGAN, Alice Marion→
Resignedsecretary · appointed 1996-12-16 · resigned 1998-06-10
EGAN, Dain Michael→
Resignedsecretary · appointed 1996-01-24 · resigned 1996-08-30
MENNIE, Patrick James→
Resignedsecretary · appointed 1990-11-12 · resigned 1995-11-24
MUIR, Colin David Findlay→
Resignedsecretary · appointed 1998-06-17 · resigned 1999-01-18
MUIR, Colin David Findlay→
Resignedsecretary · appointed 1996-08-30 · resigned 1996-12-16
MUIR, Colin David Findlay→
Resignedsecretary · appointed 1995-11-24 · resigned 1996-01-24
MUIR, Colin David Findlay→
Resignedsecretary · resigned 1990-11-12
ALLAN, Michael→
Resigneddirector · resigned 1990-06-29
CLARKE, Ian Hamish Taylor→
Resigneddirector · ~75y · appointed 1997-06-04 · resigned 2016-02-12
EGAN, Alice Marion→
Resigneddirector · ~59y · appointed 1997-10-10 · resigned 1998-06-10
JACKSON, Elizabeth→
Resigneddirector · ~70y · appointed 1997-06-04 · resigned 2007-01-26
MUIR, Colin David Findlay→
Resigneddirector · ~76y · resigned 2010-03-24
Click a director name to see their full track record across all companies.
Mortgages & charges
6
Total charges
4
Outstanding
1
Active lenders
Status:Lender:6 of 6 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Virgin Money Clydesdale Bank PLC | Standard security | 1 property | 16/07/2010 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC | Standard security | 1 property | 29/06/2010 | — | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 08/06/2005 | 16/06/2009 | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 08/06/2005 | — | |
| satisfied | County Bank County Bank LTD | Debenture | 1 property | 03/07/1981 | 29/12/1989 | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 20/11/1978 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (174 total)
accounts-with-accounts-type-medium
accounts · AA
2026-03-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-10
change-person-director-company-with-change-date
officers · CH01
2025-12-10
change-person-director-company-with-change-date
officers · CH01
2025-12-10
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-10-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-10-27
capital-name-of-class-of-shares
capital · SH08
2025-10-07
accounts-with-accounts-type-medium
accounts · AA
2025-03-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-09
accounts-with-accounts-type-full
accounts · AA
2024-03-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-08
accounts-with-accounts-type-full
accounts · AA
2023-03-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-08
accounts-with-accounts-type-full
accounts · AA
2022-03-15
appoint-person-director-company-with-name-date
officers · AP01
2022-01-06