STRACHANS LIMITED

🌳Matureactive
SC062092 · ltd · incorporated 1977-03-30
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
77/100
Strong
🔔
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What this business does
Primary activity: Wholesale of meat and meat products
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 46330SIC 46330
  • 46380Wholesale of other food, including fish, crustaceans and molluscs
  • 46390Non-specialised wholesale of food, beverages and tobacco
Investor take
Pursue
Active trading company with a 63-year-old founder — textbook succession opportunity.

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

35/100
too messy

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.

Company profile
address, 4 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
11 charges (11/11 with lender, 11/11 with type)
90
Directors & officers
14 officers (6 active, 14 linked, 13 with DOB)
89
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
15 connected companies via shared directors
90
Filing history
155 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (60 events)Click to expand
  1. 2025-09-16
    📄
    accounts-with-accounts-type-full
    accounts · AA
  2. 2025-06-23
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  3. 2025-06-20
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  4. 2025-03-20
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  5. 2025-03-20
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  6. 2025-03-20
    🔓
    Charge satisfied #13
  7. 2025-03-20
    🔓
    Charge satisfied #12
  8. 2025-01-08
    📄
    accounts-with-accounts-type-full
    accounts · AA
  9. 2024-03-21
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  10. 2024-03-05
    🔒
    Charge registered #13
    Lender: Nordea Danmark, Filial Af Nordea Bank Abp, Finland as Security Trustee
  11. 2024-01-13
    📄
    accounts-with-accounts-type-full
    accounts · AA
  12. 2023-12-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2023-12-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2022-10-07
    📄
    accounts-with-accounts-type-full
    accounts · AA
  15. 2021-12-01
    📄
    accounts-with-accounts-type-full
    accounts · AA
  16. 2021-03-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2020-12-09
    📄
    accounts-with-accounts-type-full
    accounts · AA
  18. 2020-01-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  19. 2020-01-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  20. 2020-01-09
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  21. 2019-12-31
    NIELSEN, Jens Holger appointed
    director
  22. 2019-12-31
    DUTHIE, Stanley resigned
    director
  23. 2019-12-31
    KLEDAL, Robert Steen resigned
    director
  24. 2019-12-20
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  25. 2018-09-19
    COCHRANE, Michael Bruce resigned
    director
  26. 2018-05-04
    COCHRANE, Michael Bruce appointed
    director
  27. 2018-02-14
    STRACHAN, James George Stephen resigned
    director
  28. 2016-10-01
    DONALDSON, Alasdair Stuart appointed
    director
  29. 2016-10-01
    TROUP, Iain appointed
    director
  30. 2016-10-01
    DUTHIE, Stanley appointed
    director
  31. 2016-01-26
    🔓
    Charge satisfied #1
  32. 2014-09-11
    SKIPPER, Anders appointed
    director
  33. 2014-09-11
    LUND, Morten resigned
    director
  34. 2014-01-24
    🔒
    Charge registered #12
    Lender: Nordea Bank Danmark a/S as Security Trustee
  35. 2013-03-21
    MORRICE, Stanley Watt appointed
    director
  36. 2011-05-05
    KLEDAL, Robert Steen appointed
    director
  37. 2011-05-05
    LUND, Morten appointed
    director
  38. 2011-05-05
    MCCOMBE, Brian William resigned
    director
  39. 2011-05-05
    STRACHAN, Joan resigned
    director
  40. 2011-05-03
    MCCOMBE, Brian William appointed
    director
  41. 2011-04-05
    🔓
    Charge satisfied #11
  42. 2002-06-15
    STRACHAN, James resigned
    director
  43. 2002-03-08
    🔓
    Charge satisfied #10
  44. 1998-08-03
    🔒
    Charge registered #11
    Lender: Clydesdale Bank Public Limited Company
  45. 1997-07-23
    🔓
    Charge satisfied #9
  46. 1996-07-01
    🔒
    Charge registered #10
    Lender: Clydesdale Bank Public Limited Company
  47. 1995-04-05
    🔒
    Charge registered #9
    Lender: Clydesdale Bank Public Limited Company
  48. 1994-03-02
    🔓
    Charge satisfied #7
  49. 1994-03-02
    🔓
    Charge satisfied #6
  50. 1994-03-02
    🔓
    Charge satisfied #5
Showing most recent 50 of 60 events

Owner dependency

48/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • -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

73/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • 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 ·
Charge satisfaction-then-recreation pattern
medium

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.

🏛️
Wrist Holding Uk Limited
Corporate parent · holds 75-100% shares
ultimate parent
STRACHANS LIMITED
This company · SC062092

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%
NameSharesVoting rightsNature of controlNotified
Wrist Holding Uk Limited
Corporate entity
75100%
75-100% shares11/03/2025
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.

🔒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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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

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 →
🔒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
Incorporated1977-03-30
Jurisdictionscotland
Primary SIC46320 — Wholesale of meat and meat products

Registered office

54 Windmill Street
Peterhead
AB42 1UE

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-24
Last: 2025-12-10

Officers (6 active · 8 resigned)

MASSON GLENNIE LLP
corporate-secretary · appointed 1989-12-14
View their other companies + combined net worth →
Active
DONALDSON, Alasdair Stuart
director · ~51y · appointed 2016-10-01
View their other companies + combined net worth →
Active
MORRICE, Stanley Watt
director · ~63y · appointed 2013-03-21
View their other companies + combined net worth →
Active
NIELSEN, Jens Holger
director · ~62y · appointed 2019-12-31
View their other companies + combined net worth →
Active
SKIPPER, Anders
director · ~59y · appointed 2014-09-11
View their other companies + combined net worth →
Active
TROUP, Iain
director · ~47y · appointed 2016-10-01
View their other companies + combined net worth →
Active
COCHRANE, Michael Bruce
director · ~51y · appointed 2018-05-04 · resigned 2018-09-19
Resigned
DUTHIE, Stanley
director · ~67y · appointed 2016-10-01 · resigned 2019-12-31
Resigned
KLEDAL, Robert Steen
director · ~57y · appointed 2011-05-05 · resigned 2019-12-31
Resigned
LUND, Morten
director · ~52y · appointed 2011-05-05 · resigned 2014-09-11
Resigned
MCCOMBE, Brian William
director · ~73y · appointed 2011-05-03 · resigned 2011-05-05
Resigned
STRACHAN, James
director · ~99y · resigned 2002-06-15
Resigned
STRACHAN, James George Stephen
director · ~70y · resigned 2018-02-14
Resigned
STRACHAN, Joan
director · ~100y · resigned 2011-05-05
Resigned

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

Mortgages & charges

11
Total charges
0
Outstanding
0
Active lenders
Status:Lender:11 of 11 shown
TypeProperties
satisfied
Nordea Danmark, Filial Af Nordea Bank Abp, Finland as Security Trustee
A registered charge05/03/202420/03/2025
satisfied
Nordea Bank Danmark a/S as Security Trustee
A registered charge1 property24/01/201420/03/2025
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Legal charge1 property03/08/199805/04/2011
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property01/07/199608/03/2002
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Legal charge1 property05/04/199523/07/1997
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property13/11/198902/03/1994
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property19/11/198202/03/1994
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property19/11/198202/03/1994
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property24/11/198102/03/1994
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property31/07/198005/10/1981
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property11/11/197726/01/2016

Recent filings (155 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-12
accounts-with-accounts-type-full
accounts · AA
2025-09-16
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-06-23
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-06-20
mortgage-satisfy-charge-full
mortgage · MR04
2025-03-20
mortgage-satisfy-charge-full
mortgage · MR04
2025-03-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-28
accounts-with-accounts-type-full
accounts · AA
2025-01-08
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-03-21
accounts-with-accounts-type-full
accounts · AA
2024-01-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-21
change-person-director-company-with-change-date
officers · CH01
2023-12-20
change-person-director-company-with-change-date
officers · CH01
2023-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-22
accounts-with-accounts-type-full
accounts · AA
2022-10-07