RELUGAS FARMS LIMITED

🌳Matureactive
SC111224 · ltd · incorporated 1988-05-20
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
—
year to Sept 2025
Net worth
—
book net assets
Opportunity
80/100
Exceptional
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: SIC 01500
Sector: Agriculture, forestry & fishing
Investor take
Pursue
Active trading company with a 77-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 77). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: high (81/100)

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
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
8 officers (3 active, 8 linked, 5 with DOB)
83
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
9 connected companies via shared directors
72
Filing history
102 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Sept 2024Sept 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-09-302024-09-30
Average employees0200

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
0
filings
Last 90 days
1
filing
  • • 1 accounts
Last 180 days
2
filings
  • • 1 accounts
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2026-03-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-02-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-03-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-01-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-12-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-06-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-01-15
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  8. 2021-01-15
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  9. 2020-05-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2019-06-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2018-04-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2017-06-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2016-06-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2016-02-04
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2015-06-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2011-10-25
    ➕
    LAING, Alasdair North Grant appointed
    secretary
  17. 2011-10-25
    ➖
    BURNESS LLP resigned
    corporate-secretary
  18. 2009-05-07
    ➕
    LAING, Alexander William Grant appointed
    director
  19. 2009-05-07
    ➖
    STRANG STEEL, Malcolm Graham resigned
    director
  20. 2004-08-01
    ➕
    BURNESS LLP appointed
    corporate-secretary
  21. 2004-08-01
    ➖
    BURNESS SOLICITORS resigned
    corporate-nominee-secretary
  22. 1988-11-14
    ➕
    LAING, Alasdair North Grant appointed
    director
  23. 1988-11-14
    ➖
    PAIRMAN, Lynda Annette resigned
    director
  24. 1988-11-14
    ➖
    RAFFERTY, John Campbell resigned
    nominee-director
  25. 1988-11-14
    ➕
    STRANG STEEL, Malcolm Graham appointed
    director
  26. 1988-05-20
    🏢
    Company incorporated
    As RELUGAS FARMS LIMITED
  27. 1988-05-20
    ➕
    BURNESS SOLICITORS appointed
    corporate-nominee-secretary
  28. 1988-05-20
    ➕
    PAIRMAN, Lynda Annette appointed
    director
  29. 1988-05-20
    ➕
    RAFFERTY, John Campbell appointed
    nominee-director

Owner dependency

91/100
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.
  • +Long-tenure founder: Senior director has been in place 37 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 77 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

96/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 77 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 37 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 38 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
NameSharesVoting rightsNature of controlNotified
Mr Alexander William Grant Laing
Individual · British · DOB 03/1982 · age 44
——sig. influencesignificant influence · trust interest07/04/2016
2 historic (ceased) PSCs
  • Mr Alasdair North Grant Laingceased 30/09/2019· significant influence · trust interest
  • Mrs. Shirley Ann Mathiesonceased 30/09/2019· significant influence · trust interest

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 · IV postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
LAID WOODLANDS AND LOCHANS LTD.→
SC178828 · est 1997 · no financials extracted
————28y——
MOROV LTD→
SC760765 · est 2023 · no financials extracted
————3y——
ORD STABLES LTD→
SC690220 · est 2021 · no financials extracted
————5y——
PECHEURS ECOSSE LIMITED→
SC581815 · est 2017 · no financials extracted
————8y——
PTOROTON HOLDINGS LTD→
SC596999 · est 2018 · no financials extracted
————7y——
RA ENGINEERING (MARINE) LTD→
SC775702 · est 2023 · no financials extracted
————2y——
RIGGING ACCESS SOLUTIONS LTD→
SC423263 · est 2012 · no financials extracted
————13y——
RISING ROOTS LTD→
SC757929 · est 2023 · no financials extracted
————3y——
RODERICK MACLENNAN CONTRACTOR LTD→
SC882482 · est 2026 · no financials extracted
———————
SALTIRE HIGHLAND FARMS LIMITED→
SC774565 · est 2023 · no financials extracted
————2y——
SALTIRE HIGHLAND LTD→
SC755716 · est 2023 · no financials extracted
————3y——
SAMAC1 LTD.→
SC214116 · est 2000 · no financials extracted
————25y——
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
Incorporated1988-05-20
Jurisdictionscotland
Primary SIC01500 — SIC 01500

Registered office

Logie Estate Office
Logie
Nr Forres
Morayshire
IV36 2QN

Filing status

Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2027-01-14
Last: 2025-12-31

Officers (3 active · 5 resigned)

LAING, Alasdair North Grant→
secretary · appointed 2011-10-25
View their other companies + combined net worth →
Active
LAING, Alasdair North Grant→
director · ~77y · appointed 1988-11-14
View their other companies + combined net worth →
Active
LAING, Alexander William Grant→
director · ~44y · appointed 2009-05-07
View their other companies + combined net worth →
Active
BURNESS LLP→
corporate-secretary · appointed 2004-08-01 · resigned 2011-10-25
Resigned
BURNESS SOLICITORS→
corporate-nominee-secretary · appointed 1988-05-20 · resigned 2004-08-01
Resigned
PAIRMAN, Lynda Annette→
director · ~68y · appointed 1988-05-20 · resigned 1988-11-14
Resigned
RAFFERTY, John Campbell→
nominee-director · ~95y · appointed 1988-05-20 · resigned 1988-11-14
Resigned
STRANG STEEL, Malcolm Graham→
director · ~80y · appointed 1988-11-14 · resigned 2009-05-07
Resigned

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

Recent filings (102 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-09
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-13
accounts-with-accounts-type-micro-entity
accounts · AA
2024-03-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-09
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-17
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-21
accounts-with-accounts-type-micro-entity
accounts · AA
2021-06-09
confirmation-statement-with-updates
confirmation-statement · CS01
2021-01-15
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-01-15
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-01-15
accounts-with-accounts-type-micro-entity
accounts · AA
2020-05-22