CRAIGADAM FARM LIMITED

🌳Matureactive
SC153308 · ltd · incorporated 1994-09-28
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 Mar 2025
Net worth
£48.7k
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: SIC 01420
Sector: Agriculture, forestry & fishing
ALSO REGISTERED FOR
  • 01450SIC 01450
  • 01700SIC 01700
Investor take
Pursue
Active trading company with a 74-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 74). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 3 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

3 live charges · 2 lenders · oldest 31.0y

30/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 31.0 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: medium (77/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 3 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
10 officers (4 active, 10 linked, 7 with DOB)
84
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
93 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
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 £48,654
Net assets shrinking
Down £16,425 YoY
Cash YoY
-21%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£3k
↓ 21% YoY
Net Worth
£49k
↓ 25% YoY
Current Assets
£209k
↓ 1.7% YoY
Current Liabilities
—
£0£42k£85k£127k£170k£212kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£69.2k£97.7k
Current assets£208.8k£212.4k
Cash£2.7k£3.5k
Debtors£159.8k£170.3k
Net assets£48.7k£65.1k

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 accounts
Counts from Companies House filing history.
Corporate timeline (35 events)Click to expand
  1. 2025-12-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-09-17
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  4. 2024-01-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-01-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-01-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-11-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2021-03-23
    ➕
    PICKUP, James Gray Richard appointed
    director
  9. 2021-03-23
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2020-11-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2019-11-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2019-01-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2018-01-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2017-01-24
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2015-11-09
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2015-09-28
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2007-08-01
    ➖
    MCENROY, Moira resigned
    secretary
  18. 2007-08-01
    ➖
    HAMMOND, John Harris resigned
    director
  19. 2007-08-01
    ➖
    MCENROY, Moira resigned
    director
  20. 2007-07-31
    ➕
    PICKUP, Celia appointed
    secretary
  21. 2007-07-31
    ➕
    PICKUP, Celia appointed
    director
  22. 2007-07-31
    ➕
    PICKUP, Richard appointed
    director
  23. 1998-03-09
    🔒
    Charge registered #3
    Lender: Dumfries and Galloway Enterprise Company Limited
  24. 1995-05-18
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  25. 1995-05-12
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  26. 1995-05-11
    ➕
    MCENROY, Moira appointed
    secretary
  27. 1995-05-11
    ➖
    MEIKLEJOHN, Iain Maury Campbell resigned
    nominee-secretary
  28. 1995-05-11
    ➕
    HAMMOND, John Harris appointed
    director
  29. 1995-05-11
    ➕
    MCENROY, Moira appointed
    director
  30. 1995-05-11
    ➖
    MEIKLEJOHN, Iain Maury Campbell resigned
    nominee-director
  31. 1995-05-11
    ➖
    WILL, James Robert resigned
    nominee-director
  32. 1994-09-28
    🏢
    Company incorporated
    As CRAIGADAM FARM LIMITED
  33. 1994-09-28
    ➕
    MEIKLEJOHN, Iain Maury Campbell appointed
    nominee-secretary
  34. 1994-09-28
    ➕
    MEIKLEJOHN, Iain Maury Campbell appointed
    nominee-director
  35. 1994-09-28
    ➕
    WILL, James Robert appointed
    nominee-director

Owner dependency

83/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 74 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

83/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 74 years old. Natural succession window is now.
  • secondary12+ year tenure: Director in role 19 years.
  • secondaryStable-but-static management: Company is 32 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
NameSharesVoting rightsNature of controlNotified
Mr Richard Pickup
Individual · British · DOB 07/1952 · age 74
50–75%
25–50%50-75% shares · 50-75% voting06/04/2016
Mrs Celia Pickup
Individual · British · DOB 01/1957 · age 69
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016

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

Similar companies

Active · Agriculture · DG postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
BALGREGGAN FARMS LIMITED→
SC251076 · est 2003
£1.55M
£1.19M–£1.91M
——722y8261y
LARG FARMING COMPANY LIMITED→
SC247253 · est 2003
———123y8389y
A & J MURCHIE LIMITED→
SC295564 · est 2006
———90020y8260y
A H S DRUMMOND (GLENSIDE) LIMITED→
SC324103 · est 2007
——£660.6k—18y8284y
A. LOCHHEAD FISHING COMPANY LIMITED→
SC328174 · est 2007
——£63.6k—18y8267y
ALLAN SMITH FENCING & FORESTRY LIMITED→
SC287999 · est 2005
———220y8271y
CROCHMORE FARMS LIMITED→
SC338012 · est 2008
———20018y8277y
G RAE CONTRACTING→
SC339954 · est 2008 · no financials extracted
————18y8273y
ROGERMOOR FARM LIMITED→
SC130133 · est 1991 · no financials extracted
————35y——
ROSS (EXPORT) LIMITED→
SC299942 · est 2006 · no financials extracted
————20y——
SLAGNAW FARMING LIMITED→
SC479947 · est 2014 · no financials extracted
————11y——
SLOCKMILL AND INSHANKS FARMS LIMITED→
SC030327 · est 1954 · no financials extracted
————71y——
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

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 →
🔒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
Incorporated1994-09-28
Jurisdictionscotland
Primary SIC01420 — SIC 01420

Registered office

Craigadam Farm
Kirkpatrick Durham
Castle Douglas
Kirkcudbrightshire
DG7 3HU

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-10-12
Last: 2025-09-28

Officers (4 active · 6 resigned)

PICKUP, Celia→
secretary · appointed 2007-07-31
View their other companies + combined net worth →
Active
PICKUP, Celia→
director · ~69y · appointed 2007-07-31
View their other companies + combined net worth →
Active
PICKUP, James Gray Richard→
director · ~47y · appointed 2021-03-23
View their other companies + combined net worth →
Active
PICKUP, Richard→
director · ~74y · appointed 2007-07-31
View their other companies + combined net worth →
Active
MCENROY, Moira→
secretary · appointed 1995-05-11 · resigned 2007-08-01
Resigned
MEIKLEJOHN, Iain Maury Campbell→
nominee-secretary · appointed 1994-09-28 · resigned 1995-05-11
Resigned
HAMMOND, John Harris→
director · ~76y · appointed 1995-05-11 · resigned 2007-08-01
Resigned
MCENROY, Moira→
director · ~99y · appointed 1995-05-11 · resigned 2007-08-01
Resigned
MEIKLEJOHN, Iain Maury Campbell→
nominee-director · ~72y · appointed 1994-09-28 · resigned 1995-05-11
Resigned
WILL, James Robert→
nominee-director · ~71y · appointed 1994-09-28 · resigned 1995-05-11
Resigned

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

Mortgages & charges

3
Total charges
3
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Dumfries and Galloway Enterprise Company
Dumfries and Galloway Enterprise Company Limited
Standard security1 property09/03/1998—
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property18/05/1995—
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property12/05/1995—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (93 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-28
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-09-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-01-14
change-person-director-company-with-change-date
officers · CH01
2021-11-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-28
appoint-person-director-company-with-name-date
officers · AP01
2021-03-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-11-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-28