GLENCARSE STUD FARM LIMITED

💤Zombieactive

SC154543 · ltd · incorporated 1994-11-28

Investment thesis

Zombie company — trading but stalled; unlikely mover.

Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.

Why risky: No growth signal; thin margin for error on price.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

—

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: SIC 01430

Sector: Agriculture, forestry & fishing

Investor take

Pursue

Active trading company with a 76-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 76). 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).

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, 1 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

4 officers (2 active, 4 linked, 1 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

2 connected companies via shared directors

Filing history

69 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-03-31	2024-03-31
Average employees	0	0

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

filings

Last 90 days

filing

• 1 accounts

Last 180 days

filings

• 1 accounts
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (22 events)Click to expand

2026-03-27
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-24
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-03-21
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-29
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-03-31
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-31
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-03-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-12-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-12-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-12-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2016-12-29
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-12-31
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-12-09
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-12-30
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-12-09
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
1994-11-28
🏢
Company incorporated
As GLENCARSE STUD FARM LIMITED
1994-11-28
➕
KHAZAKA, Christina Margaret appointed
secretary
1994-11-28
➕
KHAZAKA, Joseph appointed
director
1994-11-28
➕
OSWALDS OF EDINBURGH LIMITED appointed
corporate-nominee-secretary
1994-11-28
➖
OSWALDS OF EDINBURGH LIMITED resigned
corporate-nominee-secretary
1994-11-28
➕
JORDANS (SCOTLAND) LIMITED appointed
corporate-nominee-director
1994-11-28
➖
JORDANS (SCOTLAND) LIMITED resigned
corporate-nominee-director

Owner dependency

100/100

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

+Sole director: Only one active director — all governance concentrated on one person.
+Long-tenure founder: Senior director has been in place 31 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 76 — succession pressure is live.

Succession & seller-readiness

100/100

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 76 years old. Natural succession window is now.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
primary20+ year tenure: Director in role 31 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 31 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

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mr. Joseph Khazaka Individual · British · DOB 04/1950 · age 76	75–100%	—	75-100% shares	06/04/2016

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 · FK postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
A D GRAHAM (FARMER) LIMITED→ SC069941 · est 1979	—	—	—	200	46y	82	63y
BARR FARMS LIMITED→ SC256406 · est 2003	—	—	—	1900	22y	82	70y
CHRISTIE STEWART LTD→ SC174039 · est 1997	—	—	£672.9k	—	29y	82	60y
COXHILL FARM LIMITED→ SC292962 · est 2005	—	—	—	0	20y	82	68y
GSP FARMS LIMITED→ SC046588 · est 1969 · no financials extracted	—	—	—	—	56y	82	58y
JOHN CAMERON. (GRAZIER) LIMITED→ SC033835 · est 1959	—	—	—	200	67y	82	74y
LAURENT BIENFAIT WOODLANDS SERVICES LIMITED→ SC360661 · est 2009	—	—	£254.1k	—	16y	82	64y
LAXDALE FOODSERVICE LIMITED→ SC035377 · est 1960	—	—	£1.80M	—	65y	82	89y
LINKSFIELD LAND DRAINAGE LIMITED→ SC177497 · est 1997	—	—	—	0	28y	82	58y
SCOTTISH SEA FARMS SALES LIMITED→ SC165107 · est 1996 · no financials extracted	—	—	—	—	30y	82	58y
CALLENDAR ESTATE (BIOMASS) LIMITED→ SC362480 · est 2009	—	—	—	0	16y	81	75y
RITCHIE PROPERTY LIMITED→ SC845840 · est 2025 · no financials extracted	—	—	—	—	—	—	—

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

Incorporated1994-11-28

Jurisdictionscotland

Primary SIC01430 — SIC 01430

Registered office

20 Barnton Street

Stirling

Stirlingshire

FK8 1NE

Scotland

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-12-12

Last: 2025-11-28

Officers (2 active · 2 resigned)

KHAZAKA, Christina Margaret→

secretary · appointed 1994-11-28

View their other companies + combined net worth →

Active

KHAZAKA, Joseph→

director · ~76y · appointed 1994-11-28

View their other companies + combined net worth →

Active

OSWALDS OF EDINBURGH LIMITED→

corporate-nominee-secretary · appointed 1994-11-28 · resigned 1994-11-28

Resigned

JORDANS (SCOTLAND) LIMITED→

corporate-nominee-director · appointed 1994-11-28 · resigned 1994-11-28

Resigned

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

Recent filings (69 total)

accounts-with-accounts-type-micro-entity

accounts · AA

2026-03-27

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-12-16

accounts-with-accounts-type-micro-entity

accounts · AA

2025-03-24

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-12-20

accounts-with-accounts-type-micro-entity

accounts · AA

2024-03-21

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2024-02-29

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-01-04

accounts-with-accounts-type-micro-entity

accounts · AA

2023-03-31

confirmation-statement-with-no-updates

confirmation-statement · CS01

2022-12-01

accounts-with-accounts-type-micro-entity

accounts · AA

2021-12-31

confirmation-statement-with-no-updates

confirmation-statement · CS01

2021-11-29

accounts-with-accounts-type-micro-entity

accounts · AA

2021-03-30

confirmation-statement-with-no-updates

confirmation-statement · CS01

2020-11-30

accounts-with-accounts-type-micro-entity

accounts · AA

2019-12-30

confirmation-statement-with-no-updates

confirmation-statement · CS01

2019-11-28