STRACHANS LIMITED
- · Thesis: well-run, low negotiation leverage
- 46330SIC 46330
- 46380Wholesale of other food, including fish, crustaceans and molluscs
- 46390Non-specialised wholesale of food, beverages and tobacco
Opportunity 77/100 (strong), bankability 77/100. Strong seller-intent signal (60/100, director aged 63). 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
11 live charges · 3 lenders · oldest 48.5y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 48.5 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 (62/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Recent activity
- • 1 confirmation-statement
- • 1 confirmation-statement
Corporate timeline (60 events)Click to expand
- 2025-09-16📄accounts-with-accounts-type-fullaccounts · AA
- 2025-06-23📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-06-20📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-03-20📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-03-20📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-03-20🔓Charge satisfied #13
- 2025-03-20🔓Charge satisfied #12
- 2025-01-08📄accounts-with-accounts-type-fullaccounts · AA
- 2024-03-21📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-03-05🔒Charge registered #13Lender: Nordea Danmark, Filial Af Nordea Bank Abp, Finland as Security Trustee
- 2024-01-13📄accounts-with-accounts-type-fullaccounts · AA
- 2023-12-20📄change-person-director-company-with-change-dateofficers · CH01
- 2023-12-20📄change-person-director-company-with-change-dateofficers · CH01
- 2022-10-07📄accounts-with-accounts-type-fullaccounts · AA
- 2021-12-01📄accounts-with-accounts-type-fullaccounts · AA
- 2021-03-04📄change-person-director-company-with-change-dateofficers · CH01
- 2020-12-09📄accounts-with-accounts-type-fullaccounts · AA
- 2020-01-09📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-01-09📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-01-09📄appoint-person-director-company-with-name-dateofficers · AP01
- 2019-12-31➕NIELSEN, Jens Holger appointeddirector
- 2019-12-31➖DUTHIE, Stanley resigneddirector
- 2019-12-31➖KLEDAL, Robert Steen resigneddirector
- 2019-12-20📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2018-09-19➖COCHRANE, Michael Bruce resigneddirector
- 2018-05-04➕COCHRANE, Michael Bruce appointeddirector
- 2018-02-14➖STRACHAN, James George Stephen resigneddirector
- 2016-10-01➕DONALDSON, Alasdair Stuart appointeddirector
- 2016-10-01➕TROUP, Iain appointeddirector
- 2016-10-01➕DUTHIE, Stanley appointeddirector
- 2016-01-26🔓Charge satisfied #1
- 2014-09-11➕SKIPPER, Anders appointeddirector
- 2014-09-11➖LUND, Morten resigneddirector
- 2014-01-24🔒Charge registered #12Lender: Nordea Bank Danmark a/S as Security Trustee
- 2013-03-21➕MORRICE, Stanley Watt appointeddirector
- 2011-05-05➕KLEDAL, Robert Steen appointeddirector
- 2011-05-05➕LUND, Morten appointeddirector
- 2011-05-05➖MCCOMBE, Brian William resigneddirector
- 2011-05-05➖STRACHAN, Joan resigneddirector
- 2011-05-03➕MCCOMBE, Brian William appointeddirector
- 2011-04-05🔓Charge satisfied #11
- 2002-06-15➖STRACHAN, James resigneddirector
- 2002-03-08🔓Charge satisfied #10
- 1998-08-03🔒Charge registered #11Lender: Clydesdale Bank Public Limited Company
- 1997-07-23🔓Charge satisfied #9
- 1996-07-01🔒Charge registered #10Lender: Clydesdale Bank Public Limited Company
- 1995-04-05🔒Charge registered #9Lender: Clydesdale Bank Public Limited Company
- 1994-03-02🔓Charge satisfied #7
- 1994-03-02🔓Charge satisfied #6
- 1994-03-02🔓Charge satisfied #5
Owner dependency
Some founder dependency, but not acute. A structured handover period should cover most risk.
- -5 active directors: Broader management team in place — suggests transferable governance.
- +Senior director age: Director aged approximately 63 — approaching natural succession window.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
- secondary12+ year tenure: Director in role 13 years.
- secondaryStable-but-static management: Company is 49 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
1 med ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Wrist Holding Uk Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Wrist Holding Uk Limited Corporate entity | 75–100% | — | 75-100% shares | 11/03/2025 |
1 historic (ceased) PSC
- Nordea Danmark, Filial Af Nordea Bank Abp, Finlandceased 11/03/2025· 75-100% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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 · Wholesale & distribution · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| JOHN DAVIDSON (PIPES) LIMITED→ SC050397 · est 1972 | £15.21M £11.41M–£19.01M | £79.83M | — | 25000 | 54y | 83 | 61y |
| QUALITY FOOD PRODUCTS (ABERDEEN) LIMITED→ SC046323 · est 1969 | £7.30M £5.48M–£9.13M | — | — | 67 | 57y | 83 | 59y |
| S&JD ROBERTSON NORTH AIR LIMITED→ SC051614 · est 1972 | £5.85M £4.39M–£7.31M | — | — | 35100 | 53y | 83 | 59y |
| KEITH BUILDERS MERCHANTS LIMITED→ SC217157 · est 2001 | £155.6k £116.7k–£194.6k | — | — | 39 | 25y | 84 | 58y |
| APEX TUBULARS LIMITED→ SC331461 · est 2007 | — | — | — | 600 | 18y | 83 | 63y |
| GPH BUILDERS MERCHANTS LIMITED→ SC378341 · est 2010 · no financials extracted | — | — | — | — | 15y | 83 | 71y |
| SEAFOOD TRADERS INTERNATIONAL LIMITED→ SC223363 · est 2001 | — | — | — | 9000 | 24y | 83 | 78y |
| ABERDEEN OFFICE SUPPLIES LIMITED→ SC238550 · est 2002 | — | — | £59.2k | — | 23y | 82 | 67y |
| CABER COFFEE LIMITED→ SC329912 · est 2007 | — | — | £593.6k | — | 18y | 82 | 83y |
| CRAIGIEVAR TIMBER LIMITED→ SC357720 · est 2009 | — | — | £227.4k | — | 17y | 82 | 74y |
| D. RUDDIMAN LIMITED→ SC031624 · est 1956 | — | — | £15.2k | — | 69y | 82 | 96y |
| VACATIONS, LOGISTICS, CRAFTS AND MORE LTD→ SC867771 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
6 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 →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
Registered office
Filing status
Officers (6 active · 8 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Nordea Danmark, Filial Af Nordea Bank Abp, Finland as Security Trustee | A registered charge | — | 05/03/2024 | 20/03/2025 | |
| satisfied | Nordea Bank Danmark a/S as Security Trustee | A registered charge | 1 property | 24/01/2014 | 20/03/2025 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Legal charge | 1 property | 03/08/1998 | 05/04/2011 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 01/07/1996 | 08/03/2002 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Legal charge | 1 property | 05/04/1995 | 23/07/1997 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 13/11/1989 | 02/03/1994 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 19/11/1982 | 02/03/1994 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 19/11/1982 | 02/03/1994 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 24/11/1981 | 02/03/1994 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 31/07/1980 | 05/10/1981 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 11/11/1977 | 26/01/2016 |