BANNERMAN SEAFOODS LIMITED

🌳Matureactive

SC093284 · ltd · incorporated 1985-05-14

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.

Why now

Window steady · low confidence

Steady and tidy — no seller pressure yet. Approach only if an angle opens.

Opportunity decay

hardening · 12-months

Already tight — no obvious softening catalysts on the horizon.

· Thesis: well-run, low negotiation leverage

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

—

not disclosed

Net worth

—

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: SIC 03120

Sector: Agriculture, forestry & fishing

Investor take

Pursue

Active trading company with a 68-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 68). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

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

Lenders & charges

Confirmed no charges registered

Directors & officers

6 officers (3 active, 6 linked, 4 with DOB)

Ownership & PSC

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

Director network

5 connected companies via shared directors

Filing history

97 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.

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

• 2 officers
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (22 events)Click to expand

2026-02-17
📄
change-person-director-company-with-change-date
officers · CH01
2026-02-17
📄
change-person-secretary-company-with-change-date
officers · CH03
2025-10-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-14
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-24
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-26
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-22
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-10-09
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-10-11
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-01-11
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2019-01-11
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2018-10-12
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-10-12
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2016-09-09
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-01-07
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2003-01-30
➖
BANNERMAN, Robert Ross resigned
secretary
2003-01-30
➖
BANNERMAN, Iain Alasdair resigned
director
2003-01-30
➖
BANNERMAN, Robert Ross resigned
director
2003-01-27
➕
BANNERMAN, Ross Mackenzie appointed
secretary
2003-01-27
➕
BANNERMAN, Ross Mackenzie appointed
director
2003-01-27
➕
MACGILLIVRAY, William Kenneth appointed
director
1985-05-14
🏢
Company incorporated
As BANNERMAN SEAFOODS LIMITED

Owner dependency

98/100

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

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
+Founder name in company name: Company name contains director surname "BANNERMAN" — strong identity link between founder and business.
+Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 68 — succession pressure is live.

Succession & seller-readiness

86/100

Likely off-market candidate

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

SIGNALS

primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 41 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 · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mr William Kenneth Macgillivray Individual · British · DOB 06/1958 · age 68	75–100%	—	75-100% shares	01/02/2018

1 historic (ceased) PSC

Bannerman Company Limitedceased 01/02/2018· 25-50% 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.

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Similar companies

Active · Agriculture · IV postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
ASSYNT CROFTERS TRUST LIMITED→ SC140205 · est 1992	—	—	—	3	33y	83	88y
BLUE MOTION FISHING CO. LIMITED→ SC357414 · est 2009	—	—	£762.9k	—	17y	83	62y
BURGIE LODGE FARMS LIMITED→ SC031556 · est 1956	—	—	£1.67M	—	69y	83	73y
CAWDOR FORESTRY LIMITED→ SC218848 · est 2001	—	—	£468.9k	—	25y	83	64y
DINGWALL & HIGHLAND MARTS LIMITED→ SC154876 · est 1994	—	—	—	39	31y	83	81y
EASTER ROSS FARMERS LIMITED→ SC060125 · est 1976	—	—	—	100	49y	83	95y
GLENROSSAL LIMITED→ SC351176 · est 2008	—	—	£2.77M	—	17y	83	88y
KINGSBURGH FOREST TRUST→ SC227429 · est 2002 · no financials extracted	—	—	—	—	24y	83	75y
MJM (FARMERS) LIMITED→ SC288996 · est 2005	—	—	£1.80M	—	20y	83	71y
STRATHNAIRN COMMUNITY WOODLANDS→ SC228026 · est 2002 · no financials extracted	—	—	—	—	24y	83	71y
ACHLAIN ESTATES LIMITED→ SC138631 · est 1992	—	—	—	200	33y	82	67y
BRAHAN FARMS LIMITED→ SC048495 · est 1971	—	—	—	400	55y	82	84y

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.

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Company details

Statusactive

Typeltd

Incorporated1985-05-14

Jurisdictionscotland

Primary SIC03120 — SIC 03120

Registered office

The Burgage, 2 Knockbreck Road

Tain

Ross-Shire

IV19 1BW

Filing status

Accounts

Next due: 2026-10-31

Last made up to: 2025-01-31

Confirmation statement

Next due: 2027-01-14

Last: 2025-12-31

Officers (3 active · 3 resigned)

BANNERMAN, Ross Mackenzie→

secretary · appointed 2003-01-27

View their other companies + combined net worth →

Active

BANNERMAN, Ross Mackenzie→

director · ~53y · appointed 2003-01-27

View their other companies + combined net worth →

Active

MACGILLIVRAY, William Kenneth→

director · ~68y · appointed 2003-01-27

View their other companies + combined net worth →

Active

BANNERMAN, Robert Ross→

secretary · resigned 2003-01-30

Resigned

BANNERMAN, Iain Alasdair→

director · ~84y · resigned 2003-01-30

Resigned

BANNERMAN, Robert Ross→

director · ~82y · resigned 2003-01-30

Resigned

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

Recent filings (97 total)

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

officers · CH01

2026-02-17

change-person-secretary-company-with-change-date

officers · CH03

2026-02-17