MOUNTWEST 4 LIMITED

🌳Matureactive
SC142616 · ltd · incorporated 1993-02-12
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
£967.0k
book net assets
Opportunity
78/100
Strong
🔔
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What this business does
Primary activity: Growing of cereals (except rice), leguminous crops and oil seeds
Sector: Agriculture, forestry & fishing
Investor take
Pursue
Active trading company. Family succession underway — not a classic acquisition target.

Opportunity 78/100 (strong), bankability 67/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. 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 (65/100).

🏦

Refinance opportunity

4 live charges · 3 lenders · oldest 32.8y

15/100
under pressure

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.
  • · 3 lenders named — inter-creditor friction likely.
  • · Cashflow trend is negative — lender view likely cautious.

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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
12 officers (3 active, 12 linked, 10 with DOB)
87
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
109 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £966,977
Very low cash
Cash position: £45
Cash draining
Cash down 98% YoY
Cash YoY
-98%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£45
↓ 98% YoY
Net Worth
£967k
↑ 7.3% YoY
Current Assets
£1.6m
↑ 20% YoY
Current Liabilities
—
£0£313k£626k£940k£1.3m£1.6mNov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-11-302023-11-30
Total assets£2.61M£2.48M
Current assets£1.57M£1.31M
Cash£45£2.0k
Debtors£1.57M£1.30M
Net assets£967.0k£901.1k

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

🔒Filing-note intelligence

2 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
1
filing
  • • 1 confirmation-statement
Last 90 days
1
filing
  • • 1 confirmation-statement
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 officers
Counts from Companies House filing history.
Corporate timeline (46 events)Click to expand
  1. 2025-12-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2025-11-24
    ➖
    ELRICK, Gordon resigned
    director
  3. 2025-08-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2025-02-07
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  5. 2024-08-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2024-01-15
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  7. 2024-01-15
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  8. 2023-11-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2023-09-28
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  10. 2023-09-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2023-09-28
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2023-09-28
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2023-09-28
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2023-09-05
    ➕
    ELRICK, Cicely Margaret appointed
    director
  15. 2023-09-05
    ➕
    ELRICK, Colin William appointed
    director
  16. 2023-09-05
    ➕
    ELRICK, David George appointed
    director
  17. 2023-03-31
    ➖
    ELRICK, William Murison resigned
    secretary
  18. 2023-03-31
    ➖
    ELRICK, William Murison resigned
    director
  19. 2022-11-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2021-11-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2020-11-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2020-03-04
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  23. 2020-03-04
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  24. 2020-03-04
    🔓
    Charge satisfied #2
  25. 2020-03-04
    🔓
    Charge satisfied #1
  26. 2019-08-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  27. 2010-04-07
    🔒
    Charge registered #4
    Lender: Agricultural Mortgage Corporation PLC
  28. 2009-08-04
    🔒
    Charge registered #3
    Lender: The Agricultural Mortgage Corporation PLC
  29. 2008-09-25
    ➖
    ELRICK, David George resigned
    director
  30. 2008-02-01
    ➖
    ELRICK, Maureen Cicely resigned
    director
  31. 1999-10-08
    ➕
    ELRICK, Gordon appointed
    director
  32. 1999-10-08
    ➕
    ELRICK, William Murison appointed
    director
  33. 1999-08-07
    ➕
    ELRICK, William Murison appointed
    secretary
  34. 1999-08-07
    ➖
    STRONACHS resigned
    corporate-secretary
  35. 1999-08-07
    ➕
    ELRICK, David George appointed
    director
  36. 1999-08-07
    ➕
    ELRICK, Maureen Cicely appointed
    director
  37. 1999-08-07
    ➖
    MACDONALD, Hamish Stewart resigned
    director
  38. 1999-08-07
    ➖
    MACDONALD, Heather Ann resigned
    director
  39. 1993-08-17
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  40. 1993-07-26
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  41. 1993-04-15
    ➖
    ALLAN, David Martin resigned
    director
  42. 1993-04-15
    ➕
    MACDONALD, Hamish Stewart appointed
    director
  43. 1993-04-15
    ➕
    MACDONALD, Heather Ann appointed
    director
  44. 1993-02-12
    🏢
    Company incorporated
    As MOUNTWEST 4 LIMITED
  45. 1993-02-12
    ➕
    STRONACHS appointed
    corporate-secretary
  46. 1993-02-12
    ➕
    ALLAN, David Martin appointed
    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
  • +Founder age: Director aged approximately 84 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

20/100
No succession signal

No meaningful acquirability indicators from public data.

SIGNALS
  • primaryFamily succession underway: Not a takeover target — ELRICK, David George (same surname) appointed 2023-09-05. Pattern consistent with intra-family handover.
  • primaryFounder aged 70+: Senior director is approximately 84 years old. Natural succession window is now.

Red flags

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Whitehill Storage Company Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Whitehill Storage Company Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
MOUNTWEST 4 LIMITED
This company · SC142616

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Whitehill Storage Company Limited
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control21/01/2025
Mr David George Elrick
Individual · British · DOB 04/1973 · age 53
——sig. influencesignificant influence12/01/2024
1 historic (ceased) PSC
  • Mr William Murison Elrickceased 31/03/2023· significant influence

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 →

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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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated1993-02-12
Jurisdictionscotland
Primary SIC01110 — Growing of cereals (except rice), leguminous crops and oil seeds

Registered office

Whitehill, New Deer
Turriff
Aberdeenshire
AB53 6UH

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2027-02-26
Last: 2026-02-12

Officers (3 active · 9 resigned)

ELRICK, Cicely Margaret→
director · ~84y · appointed 2023-09-05
View their other companies + combined net worth →
Active
ELRICK, Colin William→
director · ~57y · appointed 2023-09-05
View their other companies + combined net worth →
Active
ELRICK, David George→
director · ~53y · appointed 2023-09-05
View their other companies + combined net worth →
Active
ELRICK, William Murison→
secretary · appointed 1999-08-07 · resigned 2023-03-31
Resigned
STRONACHS→
corporate-secretary · appointed 1993-02-12 · resigned 1999-08-07
Resigned
ALLAN, David Martin→
director · ~80y · appointed 1993-02-12 · resigned 1993-04-15
Resigned
ELRICK, David George→
director · ~53y · appointed 1999-08-07 · resigned 2008-09-25
Resigned
ELRICK, Gordon→
director · ~81y · appointed 1999-10-08 · resigned 2025-11-24
Resigned
ELRICK, Maureen Cicely→
director · ~60y · appointed 1999-08-07 · resigned 2008-02-01
Resigned
ELRICK, William Murison→
director · ~84y · appointed 1999-10-08 · resigned 2023-03-31
Resigned
MACDONALD, Hamish Stewart→
director · ~70y · appointed 1993-04-15 · resigned 1999-08-07
Resigned
MACDONALD, Heather Ann→
director · ~67y · appointed 1993-04-15 · resigned 1999-08-07
Resigned

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

Mortgages & charges

4
Total charges
2
Outstanding
2
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
Agricultural Mortgage Corporation
Agricultural Mortgage Corporation PLC
Standard security1 property07/04/2010—
outstanding
The Agricultural Mortgage Corporation
The Agricultural Mortgage Corporation PLC
Standard security1 property04/08/2009—
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property17/08/199304/03/2020
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property26/07/199304/03/2020
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (109 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-15
termination-director-company-with-name-termination-date
officers · TM01
2025-12-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-17
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-02-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-05
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-01-15
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-01-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-29
termination-secretary-company-with-name-termination-date
officers · TM02
2023-09-28
termination-director-company-with-name-termination-date
officers · TM01
2023-09-28
appoint-person-director-company-with-name-date
officers · AP01
2023-09-28
appoint-person-director-company-with-name-date
officers · AP01
2023-09-28
appoint-person-director-company-with-name-date
officers · AP01
2023-09-28