SUMMER ISLES FOODS (1993) LIMITED
- 46380Wholesale of other food, including fish, crustaceans and molluscs
Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (93/100, director aged 65). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).
Refinance opportunity
2 live charges · oldest 32.8y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 32.8 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (58/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Recent activity
- • 2 officers
- • 1 accounts
- • 1 confirmation-statement
- • 2 officers
- • 1 accounts
- • 1 confirmation-statement
Corporate timeline (46 events)Click to expand
- 2026-03-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2026-01-29📄change-corporate-secretary-company-with-change-dateofficers · CH04
- 2026-01-28📄change-person-director-company-with-change-dateofficers · CH01
- 2026-01-28📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-04-01📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-03-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-03-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-03-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-03-17📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-06-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-05-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-01-17📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-01-17🔓Charge satisfied #2
- 2019-04-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-04-03📄accounts-with-accounts-type-smallaccounts · AA
- 2017-04-06📄accounts-with-accounts-type-smallaccounts · AA
- 2012-06-08➖DUNBAR, Keith Ramsay resigneddirector
- 2004-04-20➕ANDERSON STRATHERN LLP appointedcorporate-secretary
- 2004-04-20➖HISLOP, Mitchell resignedsecretary
- 2004-04-20➖GARRETT, Edwin Charles resigneddirector
- 2004-04-20➖MASSON, John George resigneddirector
- 2004-04-20🔒Charge registered #2Lender: The Governor and Company of the Bank of Scotland
- 2003-03-14➖AUCKLAND, Robert Ian resignedsecretary
- 2003-03-14➕HISLOP, Mitchell appointedsecretary
- 1999-01-27🔓Charge satisfied #1
- 1999-01-08➕AUCKLAND, Robert Ian appointedsecretary
- 1999-01-08➖CROSSAN, Finlay George resignedsecretary
- 1996-09-27➕CROSSAN, Finlay George appointedsecretary
- 1996-09-27➖ANDERSON STRATHERN WS resignedcorporate-secretary
- 1996-09-27➕GARRETT, Edwin Charles appointeddirector
- 1996-09-27➕MASSON, John George appointeddirector
- 1996-03-01➖UPTON, Gail resignedsecretary
- 1996-03-01➕ANDERSON STRATHERN WS appointedcorporate-secretary
- 1995-07-24➖MULLEN, John resigneddirector
- 1993-07-25➕DUNBAR, Keith Ramsay appointeddirector
- 1993-07-21🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 1993-06-30➕UPTON, Gail appointedsecretary
- 1993-06-30➖J & F ANDERSON WS resignedcorporate-nominee-secretary
- 1993-06-04➕ERSKINE, Alistair Morgan appointeddirector
- 1993-06-04➖GRIMSTON, Kenneth Robert resignednominee-director
- 1993-06-04➕MULLEN, John appointeddirector
- 1993-06-04➖STUART, John Forester resignednominee-director
- 1993-02-02🏢Company incorporatedAs SUMMER ISLES FOODS (1993) LIMITED
- 1993-02-02➕J & F ANDERSON WS appointedcorporate-nominee-secretary
- 1993-02-02➕GRIMSTON, Kenneth Robert appointednominee-director
- 1993-02-02➕STUART, John Forester appointednominee-director
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 33 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 65 — succession pressure is live.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 33 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 33 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
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Alistair Morgan Erskine Individual · British · DOB 08/1961 · age 65 | 75–100% | — | 75-100% shares · firm interest | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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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 →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
Registered office
Filing status
Officers (2 active · 12 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 20/04/2004 | 17/01/2020 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Floating charge | 1 property | 21/07/1993 | 27/01/1999 |