LEDARD FARM LIMITED

🌳Matureactive

SC094870 · ltd · incorporated 1985-08-29

Investment thesis

Property vehicle with leveraged stack — refinance / partial-release angle.

Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.

Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Nov 2025

Net worth

£136.3k

book net assets

Opportunity

78/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: SIC 01450

Sector: Agriculture, forestry & fishing

ALSO REGISTERED FOR

68209Other letting and operating of own or leased real estate

Investor take

Pursue

Asset-holding vehicle. Family succession underway — not a classic acquisition target.

Opportunity 78/100 (strong), bankability 77/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

5 live charges · 5 lenders · oldest 39.4y

35/100

too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

· Oldest live charge is 39.4 years old — likely at or near maturity.
· 5 lenders named — inter-creditor friction likely.
· Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: high (80/100)

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

Company profile

address, 2 SIC codes, incorporation date

100

Financials

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

Lenders & charges

5 charges (5/5 with lender, 5/5 with type)

Directors & officers

13 officers (6 active, 13 linked, 10 with DOB)

Ownership & PSC

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

Director network

4 connected companies via shared directors

Filing history

130 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

78/100Strong

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 · FRS 105 (micro)

Positive net assets

Net assets £136,342

Net assets shrinking

Down £1,158 YoY

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£136k

~ YoY

Current Assets

£54k

↓ 17% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)

Metric	2025-11-30	2024-11-30
Total assets	£137.8k	£138.3k
Current assets	£54.2k	£65.3k
Net assets	£136.3k	£137.5k

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

filing

• 1 accounts

Last 90 days

filings

• 1 accounts
• 1 confirmation-statement
• 1 persons-with-significant-control

Last 180 days

filings

• 2 confirmation-statement
• 1 accounts
• 1 persons-with-significant-control

Counts from Companies House filing history.

Corporate timeline (41 events)Click to expand

2026-04-20
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-05
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2026-01-12
📄
change-person-director-company-with-change-date
officers · CH01
2025-01-31
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-17
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-14
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-24
➕
WOOD, Bunny Fergus Andrew appointed
director
2023-01-24
➕
WOOD, Kirsten Coli appointed
director
2023-01-24
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-01-24
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-05-19
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-05-27
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-07-08
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-04-10
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-01-14
📄
change-person-director-company-with-change-date
officers · CH01
2018-11-29
📄
appoint-person-director-company-with-name-date
officers · AP01
2018-11-22
➕
WOOD, Gregor Maitland appointed
director
2018-05-01
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2015-11-13
🔓
Charge satisfied #4
2015-11-13
🔓
Charge satisfied #3
2015-11-13
🔓
Charge satisfied #2
2015-11-12
🔓
Charge satisfied #5
2014-12-29
➖
REID, Richard Charles Gallienne resigned
director
2014-12-29
➖
STEWART, Rebecca resigned
director
2014-12-15
🔒
Charge registered #5
Lender: Guardheath Securitites Limited
2012-05-01
➖
REID, Richard Charles Gallienne resigned
director
2012-04-01
➕
REID, Richard Charles Gallienne appointed
director
2012-04-01
➕
STEWART, Rebecca appointed
director
2012-01-01
➕
REID, Richard Charles Gallienne appointed
director
2011-12-01
➖
PIA, Paul Dominic resigned
director
2006-11-20
➖
WOOD, James Ferguson Maitland resigned
secretary
2006-05-04
🔓
Charge satisfied #1
1993-12-01
➕
WOOD, Francesca Maria appointed
secretary
1993-08-09
➕
WOOD, James Ferguson Maitland appointed
secretary
1993-08-09
➖
BURNESS SOLICITORS resigned
corporate-nominee-secretary
1990-03-21
➖
REID, Donald John Stewart resigned
director
1987-02-04
🔒
Charge registered #4
Lender: Allied Irish Banks PLC
1986-12-02
🔒
Charge registered #3
Lender: Guardheath Securities LTD
1986-12-02
🔒
Charge registered #2
Lender: Mrs Francesca Maria Wood
1986-12-02
🔒
Charge registered #1
Lender: Newcastle Building Society
1985-08-29
🏢
Company incorporated
As LEDARD FARM LIMITED

Owner dependency

63/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

-5 active directors: Broader management team in place — suggests transferable governance.
+Founder age: Director aged approximately 84 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

30/100

Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS

primaryFamily succession underway: Not a takeover target — WOOD, Bunny Fergus Andrew (same surname) appointed 2023-01-24. Pattern consistent with intra-family handover.
primaryFounder aged 70+: Senior director is approximately 84 years old. Natural succession window is now.
secondaryStable-but-static management: Company is 41 years old and no new directors in the last 3 years — succession not yet being planned internally.

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

Ledard Estate Limited holds 25-50% — a significant corporate investor but not a controlling parent.

🏛️

Ledard Estate Limited

Corporate parent · holds 25-50% shares

significant stake

⬇

LEDARD FARM LIMITED

This company · SC094870

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mr James Ferguson Maitland Wood Individual · British · DOB 09/1942 · age 84	25–50%	—	25-50% shares	06/04/2016
Ledard Estate Limited Corporate entity	25–50%	—	25-50% shares	06/04/2016

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 · Agriculture · FK postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
A D GRAHAM (FARMER) LIMITED→ SC069941 · est 1979	—	—	—	200	46y	82	63y
BARR FARMS LIMITED→ SC256406 · est 2003	—	—	—	1900	22y	82	70y
CHRISTIE STEWART LTD→ SC174039 · est 1997	—	—	£672.9k	—	29y	82	60y
COXHILL FARM LIMITED→ SC292962 · est 2005	—	—	—	0	20y	82	68y
GSP FARMS LIMITED→ SC046588 · est 1969 · no financials extracted	—	—	—	—	56y	82	58y
JOHN CAMERON. (GRAZIER) LIMITED→ SC033835 · est 1959	—	—	—	200	67y	82	74y
LAURENT BIENFAIT WOODLANDS SERVICES LIMITED→ SC360661 · est 2009	—	—	£254.1k	—	16y	82	64y
LAXDALE FOODSERVICE LIMITED→ SC035377 · est 1960	—	—	£1.80M	—	65y	82	89y
LINKSFIELD LAND DRAINAGE LIMITED→ SC177497 · est 1997	—	—	—	0	28y	82	58y
SCOTTISH SEA FARMS SALES LIMITED→ SC165107 · est 1996 · no financials extracted	—	—	—	—	30y	82	58y
CALLENDAR ESTATE (BIOMASS) LIMITED→ SC362480 · est 2009	—	—	—	0	16y	81	75y
RITCHIE PROPERTY LIMITED→ SC845840 · est 2025 · no financials extracted	—	—	—	—	—	—	—

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

Incorporated1985-08-29

Jurisdictionscotland

Primary SIC01450 — SIC 01450

Registered office

10 Main Street

Doune

Perthshire

FK16 6BJ

Filing status

Accounts

Next due: 2027-08-31

Last made up to: 2025-11-30

Confirmation statement

Next due: 2027-02-19

Last: 2026-02-05