AYRE SALMON FARM LIMITED
⚰️Wound downdissolved
SC097555 · ltd · incorporated 1986-02-27
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
62/100
Worth a look
What this business does
Primary activity: SIC 0501
Sector: Mining & quarrying
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 62/100 (worth a look), bankability 72/100. Strong seller-intent signal (75/100, director aged 60). 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 (73/100).
🏦
Refinance opportunity
3 live charges · 3 lenders · oldest 39.9y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 39.9 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: low (51/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
13 officers (2 active, 13 linked, 10 with DOB)
85
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
10 connected companies via shared directors
75
Filing history
92 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
62/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
59
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (53 events)Click to expand
- 2011-11-11📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2011-11-11🏁Company dissolved
- 2011-07-22📄gazette-notice-voluntarygazette · GAZ1(A)
- 2011-07-08📄dissolution-application-strike-off-companydissolution · DS01
- 2010-11-26📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-08-10📄accounts-with-accounts-type-dormantaccounts · AA
- 2010-08-04📄termination-director-company-with-nameofficers · TM01
- 2009-11-30➖KVANGARDSNES, Ivar resigneddirector
- 2009-11-26📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2009-11-05📄accounts-with-accounts-type-dormantaccounts · AA
- 2009-08-20📄legacyofficers · 288b
- 2009-08-18📄legacyofficers · 288b
- 2009-07-31➖HUAGHLAND, Eirik Bloch resigneddirector
- 2009-06-16➖GRIEG, Per resigneddirector
- 2008-11-26📄legacyannual-return · 363a
- 2008-11-26📍legacyaddress · 353
- 2008-10-13📄accounts-with-made-up-dateaccounts · AA
- 2007-11-28📄accounts-amended-with-accounts-type-fullaccounts · AAMD
- 2007-11-19📄legacyannual-return · 363a
- 2007-11-19📄legacyofficers · 288c
- 2007-09-05📍legacyaddress · 287
- 2007-09-05📄legacyofficers · 288a
- 2007-09-05📄legacyofficers · 288a
- 2007-09-05📄legacyofficers · 288a
- 2007-09-05📄legacyofficers · 288b
- 2007-09-05📄legacyofficers · 288b
- 2007-07-20➕GRIEG, Per appointeddirector
- 2007-07-20➕HUAGHLAND, Eirik Bloch appointeddirector
- 2007-07-20➕KVANGARDSNES, Ivar appointeddirector
- 2007-07-20➖MOGSTER, Frode resigneddirector
- 2007-07-20➖SVENDSEN, Olav resigneddirector
- 2007-07-11📄accounts-with-accounts-type-fullaccounts · AA
- 2006-11-29📄legacyannual-return · 363a
- 2006-11-27📍legacyaddress · 353
- 2006-03-16🔓Charge satisfied #3
- 2006-01-27🔓Charge satisfied #1
- 2005-12-22➕STARK, Michael Otto Philipp appointedsecretary
- 2005-12-22➕STARK, Michael Otto Philipp appointeddirector
- 2005-12-22➖NICOLSON, Margaret Elizabeth Ann resignedsecretary
- 2005-12-22➕MOGSTER, Frode appointeddirector
- 2005-12-22➖NICOLSON, Margaret Elizabeth Ann resigneddirector
- 2005-12-22➖NICOLSON, Robert James resigneddirector
- 2005-12-22➕SVENDSEN, Olav appointeddirector
- 1997-10-01➖NICOLSON, Ronald Arthur resigneddirector
- 1997-09-29🔓Charge satisfied #2
- 1996-01-26🔒Charge registered #3Lender: Magnus Laurence Flaws and Others as Trustees of the Shetland Aquaculture Trust
- 1988-09-08➖DAVIES, Barrington resignedsecretary
- 1988-09-08➕NICOLSON, Margaret Elizabeth Ann appointedsecretary
- 1988-09-08➖DAVIES, Barrington resigneddirector
- 1988-09-08➕NICOLSON, Margaret Elizabeth Ann appointeddirector
Showing most recent 50 of 53 events
Owner dependency
93/100
Critical — business is the founderThe 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 20 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
Succession & seller-readiness
85/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 20 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 40 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 high · 1 med ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2011-11-11
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
🔒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 · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| GRAY & ADAMS LIMITED→ SC047482 · est 1970 | £75.13M £58.44M–£91.83M | — | — | 502 | 56y | 87 | 71y |
| GRAY & ADAMS GROUP LIMITED→ SC230241 · est 2002 | £53.82M £41.86M–£65.78M | — | — | 0 | 24y | 85 | 71y |
| GRAY & ADAMS (DUNFERMLINE) LIMITED→ SC082971 · est 1983 | £17.07M £13.28M–£20.87M | — | — | 106 | 43y | 85 | 71y |
| GRAY & ADAMS (DONCASTER) LIMITED→ SC128013 · est 1990 | £16.62M £12.93M–£20.32M | — | — | 101 | 35y | 87 | 71y |
| INTERWELL LIMITED→ SC391140 · est 2011 | £10.98M £8.54M–£13.42M | £33.44M | — | 7800 | 15y | 91 | 60y |
| EBLAST LIMITED→ SC202165 · est 1999 | £8.03M £6.24M–£9.81M | £11.11M | — | 7400 | 26y | 88 | 57y |
| ROTECH SUBSEA LIMITED→ SC451221 · est 2013 | £6.41M £4.99M–£7.83M | £17.20M | — | 4800 | 13y | 84 | 58y |
| DALES ENGINEERING SERVICES LIMITED→ SC107948 · est 1987 | £6.22M £4.84M–£7.60M | £21.87M | — | 11000 | 38y | 93 | 70y |
| SUPERIOR ENERGY SERVICES LIMITED→ SC259694 · est 2003 | £6.15M £4.78M–£7.51M | £1.45M | — | 1500 | 22y | 94 | 60y |
| IMENCO UK LIMITED→ SC372021 · est 2010 | £5.97M £4.64M–£7.29M | £17.33M | — | 11500 | 16y | 95 | 71y |
| TGT OILFIELD SERVICES UK LIMITED→ SC427554 · est 2012 | £2.26M £1.76M–£2.76M | £9.93M | — | 3000 | 13y | 84 | 61y |
| VECTOR SUPPLIES LIMITED→ SC103810 · est 1987 | £1.63M £1.27M–£1.99M | — | — | 16 | 39y | 85 | 71y |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Statusdissolved
Typeltd
Incorporated1986-02-27
Jurisdictionscotland
Primary SIC0501 — SIC 0501
Registered office
66 Queens Road
Aberdeen
AB15 4YE
Filing status
Accounts
Next due: —
Last made up to: 2009-12-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 11 resigned)
STARK, Michael Otto Philipp→
Activesecretary · appointed 2005-12-22
View their other companies + combined net worth →
STARK, Michael Otto Philipp→
Activedirector · ~60y · appointed 2005-12-22
View their other companies + combined net worth →
DAVIES, Barrington→
Resignedsecretary · resigned 1988-09-08
NICOLSON, Margaret Elizabeth Ann→
Resignedsecretary · appointed 1988-09-08 · resigned 2005-12-22
DAVIES, Barrington→
Resigneddirector · ~81y · resigned 1988-09-08
GRIEG, Per→
Resigneddirector · ~69y · appointed 2007-07-20 · resigned 2009-06-16
HUAGHLAND, Eirik Bloch→
Resigneddirector · ~63y · appointed 2007-07-20 · resigned 2009-07-31
KVANGARDSNES, Ivar→
Resigneddirector · ~57y · appointed 2007-07-20 · resigned 2009-11-30
MOGSTER, Frode→
Resigneddirector · ~71y · appointed 2005-12-22 · resigned 2007-07-20
NICOLSON, Margaret Elizabeth Ann→
Resigneddirector · ~85y · appointed 1988-09-08 · resigned 2005-12-22
NICOLSON, Robert James→
Resigneddirector · ~91y · resigned 2005-12-22
NICOLSON, Ronald Arthur→
Resigneddirector · ~64y · resigned 1997-10-01
SVENDSEN, Olav→
Resigneddirector · ~68y · appointed 2005-12-22 · resigned 2007-07-20
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
0
Outstanding
0
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Magnus Laurence Flaws and Others as Trustees of the Shetland Aquaculture Trust | Floating charge | 1 property | 26/01/1996 | 16/03/2006 | |
| satisfied | Shetland Islands Council as Trustee | Floating charge | 1 property | 10/03/1987 | 29/09/1997 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 24/07/1986 | 27/01/2006 |
Recent filings (92 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2011-11-11
gazette-notice-voluntary
gazette · GAZ1(A)
2011-07-22
dissolution-application-strike-off-company
dissolution · DS01
2011-07-08
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-11-26
accounts-with-accounts-type-dormant
accounts · AA
2010-08-10
termination-director-company-with-name
officers · TM01
2010-08-04
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2009-11-26
accounts-with-accounts-type-dormant
accounts · AA
2009-11-05
legacy
officers · 288b
2009-08-20
legacy
officers · 288b
2009-08-18
legacy
annual-return · 363a
2008-11-26
legacy
address · 353
2008-11-26
accounts-with-made-up-date
accounts · AA
2008-10-13
accounts-amended-with-accounts-type-full
accounts · AAMD
2007-11-28
legacy
annual-return · 363a
2007-11-19