SCOTNET (INTERNATIONAL) LTD.
🌳Matureactive
SC148062 · ltd · incorporated 1993-12-15
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 Oct 2024
Net worth
£188.9k
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: SIC 03110
Sector: Agriculture, forestry & fishing
Investor take
PursueAsset-holding vehicle with a 66-year-old founder — textbook succession opportunity.
Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 66). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
Data confidence
Overall: medium (78/100)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
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
10 officers (2 active, 10 linked, 5 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
108 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
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £188,926
Cash YoY
+26%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£225k
↑ 26% YoY
Net Worth
£189k
↑ 9.7% YoY
Current Assets
£247k
↑ 28% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-10-31 | 2023-10-31 |
|---|---|---|
| Total assets | £188.9k | £172.2k |
| Current assets | £247.0k | £192.9k |
| Cash | £224.6k | £178.7k |
| Debtors | £17.2k | £5.2k |
| Net assets | £188.9k | £172.2k |
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
0
filings
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (38 events)Click to expand
- 2025-07-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-07-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-10-25📄change-person-director-company-with-change-dateofficers · CH01
- 2023-10-11📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-07-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-03📄capital-cancellation-sharescapital · SH06
- 2022-11-03📄capital-return-purchase-own-sharescapital · SH03
- 2022-08-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-02-16📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-02-14➖WHYTE, Andrew Buchan resigneddirector
- 2021-12-09📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2021-12-08📄second-filing-of-annual-return-with-made-up-dateannual-return · RP04AR01
- 2021-12-08📄second-filing-of-annual-return-with-made-up-dateannual-return · RP04AR01
- 2021-12-08📄second-filing-of-annual-return-with-made-up-dateannual-return · RP04AR01
- 2021-12-08📄second-filing-of-annual-return-with-made-up-dateannual-return · RP04AR01
- 2021-12-08📄second-filing-of-annual-return-with-made-up-dateannual-return · RP04AR01
- 2021-12-08📄second-filing-of-annual-return-with-made-up-dateannual-return · RP04AR01
- 2021-12-08📄second-filing-of-annual-return-with-made-up-dateannual-return · RP04AR01
- 2021-11-11📄memorandum-articlesincorporation · MA
- 2021-11-11📄resolutionresolution · RESOLUTIONS
- 2021-11-04➖WHYTE, Helen Stephen resignedsecretary
- 2021-10-25➕THOMSEN, Janice appointeddirector
- 2021-10-25➕THOMSEN, Janice appointeddirector
- 2021-10-25➖THOMSEN, Janice resigneddirector
- 2020-08-24➕THOMSEN, Karl Emil appointeddirector
- 2007-11-23➖MORRICE, Gayle resignedsecretary
- 2007-11-23➕WHYTE, Helen Stephen appointedsecretary
- 2007-09-25➖MORRICE, Calvin Dick resigneddirector
- 2007-09-25➕WHYTE, Andrew Buchan appointeddirector
- 2005-12-15➕MORRICE, Gayle appointedsecretary
- 2005-12-15➖MORRICE, Stanley Watt resignedsecretary
- 1993-12-15🏢Company incorporatedAs SCOTNET (INTERNATIONAL) LTD.
- 1993-12-15➕MORRICE, Stanley Watt appointedsecretary
- 1993-12-15➕REID, Brian appointednominee-secretary
- 1993-12-15➖REID, Brian resignednominee-secretary
- 1993-12-15➕MORRICE, Calvin Dick appointeddirector
- 1993-12-15➕REID, Brian appointednominee-director
- 1993-12-15➖REID, Brian resignednominee-director
Owner dependency
81/100
Critical — business is the founderThe 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.
- +Founder age: Director aged approximately 66 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
66/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondaryStable-but-static management: Company is 32 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
cleanNo 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 · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Karl Emil Thomsen Individual · British · DOB 08/1961 · age 65 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 13/11/2016 |
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 · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| R.S.M. MILNE (DYKELANDS) LIMITED→ SC030118 · est 1954 · no financials extracted | — | — | — | — | 71y | — | — |
| RDW307 LTD→ SC699924 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| RITCH FINGASK LIMITED→ SC759033 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| RJD FARMS LIMITED→ SC855979 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| RYAN HOGARTH FISHING LTD→ SC608073 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| S D WEST LIMITED→ SC510850 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| SAGITTARIUS FISHING COMPANY LIMITED→ SC536003 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| SCOTT NICOL ENTERPRISES LTD.→ SC356153 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
| SEANN LIMITED→ SC331316 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| SECUTUS CONSULTANCY LTD→ SC884654 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| SGM FISHING LTD→ SC877303 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| SHAND FARMS LIMITED→ SC163484 · est 1996 · no financials extracted | — | — | — | — | 30y | — | — |
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
Incorporated1993-12-15
Jurisdictionscotland
Primary SIC03110 — SIC 03110
Registered office
Johnstone House
52-54 Rose Street
Aberdeen
AB10 1HA
Scotland
Filing status
Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-11-18
Last: 2025-11-04
Officers (2 active · 8 resigned)
THOMSEN, Janice→
Activedirector · ~66y · appointed 2021-10-25
View their other companies + combined net worth →
THOMSEN, Karl Emil→
Activedirector · ~65y · appointed 2020-08-24
View their other companies + combined net worth →
MORRICE, Gayle→
Resignedsecretary · appointed 2005-12-15 · resigned 2007-11-23
MORRICE, Stanley Watt→
Resignedsecretary · appointed 1993-12-15 · resigned 2005-12-15
REID, Brian→
Resignednominee-secretary · appointed 1993-12-15 · resigned 1993-12-15
WHYTE, Helen Stephen→
Resignedsecretary · appointed 2007-11-23 · resigned 2021-11-04
MORRICE, Calvin Dick→
Resigneddirector · ~58y · appointed 1993-12-15 · resigned 2007-09-25
REID, Brian→
Resignednominee-director · appointed 1993-12-15 · resigned 1993-12-15
THOMSEN, Janice→
Resigneddirector · ~66y · appointed 2021-10-25 · resigned 2021-10-25
WHYTE, Andrew Buchan→
Resigneddirector · ~63y · appointed 2007-09-25 · resigned 2022-02-14
Click a director name to see their full track record across all companies.
Recent filings (108 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2025-11-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-15
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-08
confirmation-statement-with-updates
confirmation-statement · CS01
2023-11-06
change-person-director-company-with-change-date
officers · CH01
2023-10-25
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-10-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-26
confirmation-statement-with-updates
confirmation-statement · CS01
2022-11-04
capital-cancellation-shares
capital · SH06
2022-11-03
capital-return-purchase-own-shares
capital · SH03
2022-11-03
confirmation-statement-with-updates
confirmation-statement · CS01
2022-10-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-02
termination-director-company-with-name-termination-date
officers · TM01
2022-02-16
confirmation-statement-with-updates
confirmation-statement · CS01
2021-12-09