THE SHETLAND PONY STUD-BOOK SOCIETY

🌳Matureactive

SC135563 · private-limited-guarant-nsc-limited-exemption · incorporated 1991-12-12

Investment thesis

Established operating company — standard diligence applies, no dominant angle.

Why interesting: Live, filing, normal profile.

Why risky: No standout signals in either direction.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 28.5y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Dec 2024

Net worth

£449.7k

book net assets

Opportunity

77/100

Strong

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What this business does

Primary activity: SIC 01629

Sector: Agriculture, forestry & fishing

Investor take

Pursue

Active trading company with a 71-year-old founder — textbook succession opportunity.

Opportunity 77/100 (strong), bankability 80/100. Strong seller-intent signal (63/100, director aged 71). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 28.5y

65/100

clean up first

Refinance viable after a tidy-up — address the highlighted items first.

· Oldest live charge is 28.5 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 38/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (70/100)

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

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

100 officers (14 active, 100 linked, 94 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

Network not yet resolved

Filing history

529 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

77/100Strong

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 102

Positive net assets

Net assets £449,680

Net assets shrinking

Down £20,586 YoY

Cash YoY

-6%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£237k

↓ 5.6% YoY

Net Worth

£450k

↓ 4.4% YoY

Current Assets

£258k

↓ 6.0% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2024-12-31	2023-12-31
Total assets	£449.7k	£470.3k
Current assets	£257.7k	£274.0k
Cash	£237.5k	£251.5k
Debtors	£2.8k	£10.6k
Net assets	£449.7k	£470.3k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 signals 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 officers

Last 90 days

filing

• 1 officers

Last 180 days

filings

• 6 officers
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (211 events)Click to expand

2026-04-15
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-01-16
📄
appoint-person-director-company-with-name-date
officers · AP01
2026-01-14
📄
appoint-person-director-company-with-name-date
officers · AP01
2026-01-13
📄
appoint-person-director-company-with-name-date
officers · AP01
2026-01-05
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-01-05
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-01-01
➕
GIBSON, David appointed
director
2026-01-01
➕
HAMPTON, Kate Amanda appointed
director
2026-01-01
➕
RUSS, Jamie appointed
director
2025-12-31
➖
FRASER, Roselyn Mary resigned
director
2025-07-30
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-07-29
➕
RENDALL, Stephen John Paul appointed
director
2025-07-29
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-07-25
➕
FOSTER, Andrea appointed
director
2025-07-22
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-07-16
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-14
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-07-11
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-07-04
➕
DAVENPORT, Mary Margaret appointed
director
2025-07-04
➕
SEIPP, Corinna appointed
director
2025-06-30
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-06-23
➖
EVANS, Catherine resigned
director
2025-06-19
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-05-01
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-03-04
➖
HODGE, Karen resigned
director
2025-03-04
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-01-06
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-01-06
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-01-06
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-01-06
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-01-06
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-01-06
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-01-01
➕
LAIGNEL, Carole Margaret appointed
director
2025-01-01
➕
PRIEST, Janice Heather appointed
director
2024-12-31
➖
ANDERSON, Sheena resigned
director
2024-12-31
➖
HUNTER, Lisa resigned
director
2024-09-24
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-01
➕
BARR, Debbie appointed
director
2024-01-01
➕
CUMMINGS, Martin appointed
director
2024-01-01
➕
DAVIDSON, Matthew appointed
director
2024-01-01
➕
JOHNSON, Ingrid appointed
director
2024-01-01
➕
JOSLIN, Lara appointed
director
2024-01-01
➕
EVANS, Catherine appointed
director
2024-01-01
➕
HODGE, Karen appointed
director
2023-12-31
➖
COUNTESS DE LA WARR, Anne Pamela Sackville resigned
director
2023-12-31
➖
GIBSON, David resigned
director
2023-12-31
➖
HAMPTON, Kate resigned
director
2022-01-01
➕
ANDERSON, Sheena appointed
director
2022-01-01
➕
HUNTER, Lisa appointed
director
2021-12-31
➖
HURST, Guy Nicholas resigned
director

Showing most recent 50 of 211 events

Owner dependency

55/100

Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS

-14 active directors: Broader management team in place — suggests transferable governance.
+Founder age: Director aged approximately 71 — succession pressure is live.

Succession & seller-readiness

60/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.

Red flags

1 med ·

2 director resignations in last 12 months

medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: EVANS, Catherine resigned 2025-06-23; FRASER, Roselyn Mary resigned 2025-12-31

Similar companies

Active · Agriculture · PH postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
RTS LIMITED→ SC086682 · est 1984	£1.72M £1.32M–£2.12M	—	—	5100	42y	85	66y
CULFARGIE ESTATES, LIMITED→ SC012977 · est 1924	—	—	—	15	102y	95	72y
BALGERSHO FARMS LIMITED→ SC208640 · est 2000 · no financials extracted	—	—	—	—	25y	83	58y
BLAIR CASTLE ESTATE LIMITED→ SC156776 · est 1995	—	—	—	10200	31y	83	75y
STRATHMORE POTATO GROWERS LIMITED→ SC352060 · est 2008 · no financials extracted	—	—	—	—	17y	—	—
TAYBANK GROWERS COOPERATIVE→ SC560056 · est 2017 · no financials extracted	—	—	—	—	9y	—	—
TC LABOUR LTD→ SC666435 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
THE LAWHILL FARMING COMPANY LIMITED→ SC163914 · est 1996 · no financials extracted	—	—	—	—	30y	—	—
THE WILD FACTOR LTD→ SC742275 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
THOMAS A. SANDS LIMITED→ SC241624 · est 2002 · no financials extracted	—	—	—	—	23y	—	—
TOM MOR LIMITED→ SC765055 · est 2023 · no financials extracted	—	—	—	—	3y	—	—
TOMNAH'A MARKET GARDEN LTD→ SC511788 · est 2015 · no financials extracted	—	—	—	—	10y	—	—

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

Typeprivate-limited-guarant-nsc-limited-exemption

Incorporated1991-12-12

Jurisdictionscotland

Primary SIC01629 — SIC 01629

Registered office

22 York Place

Perth

Perthshire

PH2 8EH

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2026-11-26

Last: 2025-11-12