JOHN RENNIE & SONS (FARMERS) LIMITED

🌳Matureactive

SC053703 · ltd · incorporated 1973-07-31

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.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 46.1y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Jan 2025

Net worth

£8.08M

book net assets

Opportunity

79/100

Strong

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What this business does

Primary activity: Growing of cereals (except rice), leguminous crops and oil seeds

Sector: Agriculture, forestry & fishing

Investor take

Pursue

Active trading company. Family succession underway — not a classic acquisition target.

Opportunity 79/100 (strong), bankability 80/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 3 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

3 live charges · oldest 46.1y

65/100

clean up first

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

· Oldest live charge is 46.1 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 25/100 — workable, but lender will want more DD.

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, 1 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

3 charges (3/3 with lender, 3/3 with type)

Directors & officers

10 officers (5 active, 10 linked, 6 with DOB)

Ownership & PSC

1 active PSC(s) of 2 total, 2 with control declared

Director network

1 connected companies via shared directors

Filing history

123 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

79/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £8,079,180

Cash YoY

+89%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£2.5m

↑ 89% YoY

Net Worth

£8.1m

↑ 8.1% 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	2025-01-31	2024-01-31
Cash	£2.45M	£1.30M
Net assets	£8.08M	£7.47M

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

filings

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filings

• 4 officers
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (37 events)Click to expand

2025-12-18
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-12-01
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-12-01
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2025-12-01
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2025-11-26
➕
RENNIE, Monica Anne appointed
director
2025-11-26
➖
RENNIE, Monica Anne resigned
secretary
2025-11-26
➖
RENNIE, Monica Anne resigned
director
2025-11-25
➕
RENNIE, Annabel appointed
secretary
2025-07-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-31
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-07
📄
change-person-director-company-with-change-date
officers · CH01
2024-05-07
📄
change-person-secretary-company-with-change-date
officers · CH03
2024-05-07
📄
change-person-director-company-with-change-date
officers · CH01
2024-05-03
📄
change-person-director-company-with-change-date
officers · CH01
2024-05-03
📄
change-person-director-company-with-change-date
officers · CH01
2024-05-03
📄
change-person-director-company-with-change-date
officers · CH01
2024-05-01
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-05-01
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-05-01
📄
change-person-director-company-with-change-date
officers · CH01
2024-02-20
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-12-01
➕
RENNIE, Annabel appointed
director
2023-09-13
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-30
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-03-30
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-03-30
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-08-22
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-03-18
➕
RENNIE, Annette appointed
director
2017-10-13
➖
RENNIE, John George resigned
director
1996-08-22
➕
RENNIE, Andrew John Milne appointed
director
1991-09-03
➕
WYLIE, Anna Elizabeth appointed
secretary
1991-09-03
➖
WYLIE, Anna Elizabeth resigned
secretary
1991-01-10
➖
STEWART & WATSON resigned
corporate-secretary
1990-12-20
➕
RENNIE, Monica Anne appointed
secretary
1989-01-06
🔒
Charge registered #3
Lender: The Royal Bank of Scotland PLC
1988-09-08
🔒
Charge registered #2
Lender: The Royal Bank of Scotland PLC
1980-03-27
🔒
Charge registered #1
Lender: The Royal Bank of Scotland PLC
1973-07-31
🏢
Company incorporated
As JOHN RENNIE & SONS (FARMERS) LIMITED

Owner dependency

88/100

Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS

-4 active directors: Broader management team in place — suggests transferable governance.
+Founder name in company name: Company name contains director surname "RENNIE" — strong identity link between founder and business.
+Long-tenure founder: Senior director has been in place 30 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 80 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

40/100

Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS

primaryFamily succession underway: Not a takeover target — RENNIE, Annabel (same surname) appointed 2023-12-01. Pattern consistent with intra-family handover.
primaryFounder aged 70+: Senior director is approximately 80 years old. Natural succession window is now.
primary20+ year tenure: Director in role 30 years. Very long tenure is a classic succession signal.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 med ·

2 director resignations in last 12 months

medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: RENNIE, Monica Anne resigned 2025-11-26; RENNIE, Monica Anne resigned 2025-11-26

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mr Andrew John Milne Rennie Individual · British · DOB 05/1968 · age 58	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	25/11/2020

1 historic (ceased) PSC

Mrs Monica Anne Rennieceased 22/12/2022· 50-75% shares · 50-75% voting · board control

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 →

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MB BOBENA LIMITED→ SC282138 · est 2005 · no financials extracted	—	—	—	—	21y	—	—
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MDC TREE SURGERY LTD→ SC699454 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
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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.

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Company details

Statusactive

Typeltd

Incorporated1973-07-31

Jurisdictionscotland

Primary SIC01110 — Growing of cereals (except rice), leguminous crops and oil seeds

Registered office

Gask House

Gask

Turriff

Aberdeenshire

AB53 8BP

Scotland

Filing status

Accounts

Next due: 2026-10-31

Last made up to: 2025-01-31

Confirmation statement

Next due: 2027-03-17

Last: 2026-03-03