PITGAVENY TRADING COMPANY LIMITED

💤Zombieactive

SC067456 · ltd · incorporated 1979-03-26

Investment thesis

Zombie company — trading but stalled; unlikely mover.

Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.

Why risky: No growth signal; thin margin for error on price.

Why now

Window steady · low confidence

Steady and stalled — no momentum either way. Needs an approach trigger.

What changed my view

Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Dec 2025

Net worth

£90.0k

book net assets

Opportunity

80/100

Exceptional

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What this business does

Based in Elgin, Scotland, this active small company likely engages in quarrying or extracting natural materials — possibly peat, sand, gravel, or minerals — on or near the Pitgaveny estate, operating as a trading entity tied to land-based resource extraction in Moray.

Primary activity: SIC 08990

Sector: Mining & quarrying

Investor take

Pursue

Asset-holding vehicle with a 61-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 61). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -31% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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

6 officers (2 active, 6 linked, 4 with DOB)

Ownership & PSC

1 active PSC(s) of 4 total, 4 with control declared

Director network

6 connected companies via shared directors

Filing history

117 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

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 £90,028

Cash YoY

-31%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£15k

↓ 31% YoY

Net Worth

£90k

↑ 17% 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	2025-12-31	2024-12-31
Cash	£14.6k	£21.3k
Net assets	£90.0k	£76.6k

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

🔒Filing-note intelligence

2 signals 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

filings

• 1 accounts
• 1 officers
• 1 confirmation-statement

Last 180 days

filings

• 1 accounts
• 1 officers
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (26 events)Click to expand

2026-04-22
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-23
📄
change-person-director-company-with-change-date
officers · CH01
2025-07-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-08
📍
move-registers-to-registered-office-company-with-new-address
address · AD04
2024-09-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-22
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-09-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-19
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-01
📄
termination-director-company-with-name-termination-date
officers · TM01
2021-04-01
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-03-19
➖
RUSSELL, Clodagh Rebecca Helen resigned
director
2021-01-07
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-01-07
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2020-05-11
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-01-15
📄
change-corporate-secretary-company-with-change-date
officers · CH04
2020-01-15
📄
change-corporate-secretary-company-with-change-date
officers · CH04
2019-08-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2007-06-04
➕
DUNBAR, Crinan James appointed
director
2007-06-04
➖
DUNBAR, Alexander Arbuthnott resigned
director
2007-06-04
➖
DUNBAR, Elizabeth Susannah resigned
director
2007-06-04
➕
RUSSELL, Clodagh Rebecca Helen appointed
director
2001-09-11
➕
TURCAN CONNELL WS appointed
corporate-secretary
2001-09-10
➖
BURNESS SOLICITORS resigned
corporate-nominee-secretary
1989-03-22
➕
BURNESS SOLICITORS appointed
corporate-nominee-secretary
1979-03-26
🏢
Company incorporated
As PITGAVENY TRADING COMPANY LIMITED

Owner dependency

93/100

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

+Sole director: Only one active director — all governance concentrated on one person.
+Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 61 — approaching natural succession window.

Succession & seller-readiness

78/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
secondary12+ year tenure: Director in role 19 years.
secondaryStable-but-static management: Company is 47 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.)

Shareholders & ownership

1 active beneficial owner

Name	Shares	Voting rights	Nature of control	Notified
Mr Crinan James Dunbar Individual · British · DOB 11/1965 · age 61	—	—	sig. influencesignificant influence	06/04/2016

3 historic (ceased) PSCs

Mrs Clodagh Rebecca Helen Russellceased 19/03/2021· significant influence
Mrs Clodagh Rebecca Helen Russellceased 06/04/2016· significant influence
Mr Crinan James Dunbarceased 06/04/2016· significant influence

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 · Manufacturing · IV postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
GAEL FORCE GROUP LIMITED→ SC229244 · est 2002	£23.82M £18.53M–£29.11M	—	—	1700	24y	83	62y
GAEL FORCE ENGINEERING LIMITED→ SC394817 · est 2011	£1.26M £977.0k–£1.54M	—	—	4700	15y	82	62y
HENDRY HYDRAULICS LIMITED→ SC059511 · est 1976	£331.6k £257.9k–£405.3k	—	—	91	50y	87	75y
ANTA SCOTLAND LIMITED→ SC156285 · est 1995	—	—	—	30	31y	83	69y
JAMES JOHNSTON & CO. OF ELGIN LIMITED→ SC022553 · est 1943 · no financials extracted	—	—	—	—	82y	83	70y
MUIRTON CONTROL & AUTOMATION LTD→ SC395862 · est 2011	—	—	£418.0k	—	15y	83	58y
MUNRO SAWMILLS LTD.→ SC228923 · est 2002 · no financials extracted	—	—	—	—	24y	83	76y
STRATH PRINT LTD.→ SC205018 · est 2000	—	—	£12.4k	—	26y	83	74y
HIGHLAND BODYSHOP LTD→ SC273214 · est 2004	—	—	£148.5k	—	21y	82	73y
INVERFAB LTD.→ SC223907 · est 2001	—	—	£537.1k	—	24y	82	80y
MACKAY STEELWORK & CLADDING LIMITED→ SC161195 · est 1995	—	—	£3.98M	—	30y	82	58y
MARINE DIESEL SERVICES (SCOTLAND) LTD→ SC172858 · est 1997	—	—	£373.4k	—	29y	82	68y

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.

See pricing →

Company details

Statusactive

Typeltd

Incorporated1979-03-26

Jurisdictionscotland

Primary SIC08990 — SIC 08990

Registered office

Pitgaveny Farm Office

Pitgaveny

Elgin

Moray

IV30 5PQ

Scotland

Filing status

Accounts

Next due: 2027-09-30

Last made up to: 2025-12-31

Confirmation statement

Next due: 2027-04-02

Last: 2026-03-19

Officers (2 active · 4 resigned)

TURCAN CONNELL WS→

corporate-secretary · appointed 2001-09-11

View their other companies + combined net worth →

Active

DUNBAR, Crinan James→

director · ~61y · appointed 2007-06-04

View their other companies + combined net worth →

Active

BURNESS SOLICITORS→

corporate-nominee-secretary · appointed 1989-03-22 · resigned 2001-09-10

Resigned

DUNBAR, Alexander Arbuthnott→

director · ~97y · resigned 2007-06-04

Resigned

DUNBAR, Elizabeth Susannah→

director · ~92y · resigned 2007-06-04

Resigned

RUSSELL, Clodagh Rebecca Helen→

director · ~58y · appointed 2007-06-04 · resigned 2021-03-19

Resigned

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

Recent filings (117 total)

accounts-with-accounts-type-total-exemption-full

accounts · AA

2026-04-22

change-person-director-company-with-change-date

officers · CH01

2026-03-23

confirmation-statement-with-updates

confirmation-statement · CS01

2026-03-23

accounts-with-accounts-type-total-exemption-full

accounts · AA

2025-07-23

move-registers-to-registered-office-company-with-new-address

address · AD04

2025-07-08

confirmation-statement-with-updates

confirmation-statement · CS01

2025-03-19

accounts-with-accounts-type-total-exemption-full

accounts · AA

2024-09-25

confirmation-statement-with-updates

confirmation-statement · CS01

2024-04-03

accounts-with-accounts-type-total-exemption-full

accounts · AA

2023-06-30

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2023-05-22

confirmation-statement-with-updates

confirmation-statement · CS01

2023-05-15

accounts-with-accounts-type-total-exemption-full

accounts · AA

2022-09-28

confirmation-statement-with-updates

confirmation-statement · CS01

2022-03-31

accounts-with-accounts-type-total-exemption-full

accounts · AA

2021-07-19

confirmation-statement-with-updates

confirmation-statement · CS01

2021-04-01