ELRIG ESTATE COMPANY LIMITED

🌳Matureactive

SC133061 · ltd · incorporated 1991-07-24

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 Nov 2024

Net worth

—

book net assets

Opportunity

81/100

Exceptional

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What this business does

Primary activity: Activities of agricultural holding companies

Sector: Financial & insurance

Investor take

Pursue

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

Opportunity 81/100 (exceptional), bankability 75/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (76/100)

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

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

Lenders & charges

Confirmed no charges registered

Directors & officers

8 officers (5 active, 8 linked, 5 with DOB)

Ownership & PSC

2 active PSC(s) of 3 total, 3 with control declared

Director network

Network not yet resolved

Filing history

103 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

81/100Exceptional

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.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2024-11-30	2023-11-30
Average employees	100	100

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

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (31 events)Click to expand

2025-08-12
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-19
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-26
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-05-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-26
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-07-26
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-07-26
📄
change-person-director-company-with-change-date
officers · CH01
2022-07-26
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-07-26
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-07-20
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-13
➕
KORNER, Helena Vivien Martha appointed
director
2022-07-13
➕
KORNER, William John Jerome appointed
director
2022-07-13
➖
KORNER, James Robert Dominic resigned
director
2021-09-27
📄
change-account-reference-date-company-current-extended
accounts · AA01
2021-08-09
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-02
📄
capital-cancellation-shares
capital · SH06
2021-03-02
📄
capital-return-purchase-own-shares
capital · SH03
2020-08-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-03-24
📄
capital-cancellation-shares
capital · SH06
2020-03-24
📄
capital-return-purchase-own-shares
capital · SH03
2020-01-24
📄
capital-cancellation-shares
capital · SH06
2020-01-24
📄
capital-return-purchase-own-shares
capital · SH03
1991-08-13
➕
KORNER, Joanna Christian Mary appointed
secretary
1991-08-13
➕
KORNER, Andrew John Peregrine appointed
director
1991-08-13
➕
KORNER, Joanna Christian Mary appointed
director
1991-08-13
➖
OSWALDS OF EDINBURGH LIMITED resigned
corporate-nominee-secretary
1991-08-13
➕
KORNER, James Robert Dominic appointed
director
1991-08-13
➖
JORDANS (SCOTLAND) LIMITED resigned
corporate-nominee-director
1991-07-24
🏢
Company incorporated
As ELRIG ESTATE COMPANY LIMITED
1991-07-24
➕
OSWALDS OF EDINBURGH LIMITED appointed
corporate-nominee-secretary
1991-07-24
➕
JORDANS (SCOTLAND) LIMITED appointed
corporate-nominee-director

Owner dependency

73/100

High — earn-out structure required

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

FACTORS

-4 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 35 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 75 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

50/100

Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS

primaryFamily succession underway: Not a takeover target — KORNER, Helena Vivien Martha (same surname) appointed 2022-07-13. Pattern consistent with intra-family handover.
primaryFounder aged 70+: Senior director is approximately 75 years old. Natural succession window is now.
primary20+ year tenure: Director in role 35 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 35 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

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mr James Robert Dominic Korner Individual · British · DOB 03/1955 · age 71	25–50%	25–50%	25-50% shares · 25-50% voting	30/06/2016
Miss Joanna Christian Mary Korner Individual · British · DOB 07/1951 · age 75	25–50%	25–50%	25-50% shares · 25-50% voting	30/06/2016

1 historic (ceased) PSC

Mr Andrew John Peregrine Kornerceased 07/07/2022· significant influence

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

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MATHER PROPERTY DEVELOPMENT LIMITED→ SC317394 · est 2007	£1.0k £851–£1.2k	—	£1.0k	—	19y	82	69y
CAULDHAME LIMITED→ SC266350 · est 2004	£57 £48–£66	—	£57	—	22y	80	63y
CINNAMON 2007 LIMITED→ SC312763 · est 2006	—	—	—	0	19y	82	81y
CLAN CENTRE LIMITED→ SC113050 · est 1988 · no financials extracted	—	—	—	—	37y	81	62y
OLDFOGGIES SKICLUB LIMITED→ SC305969 · est 2006 · no financials extracted	—	—	—	—	19y	81	81y
THE COUNTRY TRADER LIMITED→ SC127204 · est 1990 · no financials extracted	—	—	—	—	35y	81	62y
ANTARTEX LIMITED→ SC071934 · est 1980 · no financials extracted	—	—	—	—	45y	80	62y
CLARK CORRA LTD→ SC352058 · est 2008	—	—	—	—	17y	80	64y
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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

Incorporated1991-07-24

Jurisdictionscotland

Primary SIC64201 — Activities of agricultural holding companies

Registered office

House Of Elrig

Port William

Newton Stewart

Dumfries & Galloway

DG8 9RF

Filing status

Accounts

Next due: 2026-08-31

Last made up to: 2024-11-30

Confirmation statement

Next due: 2026-08-07

Last: 2025-07-24