NEWTOAST LIMITED

🌳Matureactive

SC160567 · ltd · incorporated 1995-09-21

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 Sept 2024

Net worth

£2.4k

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: SIC 03120

Sector: Agriculture, forestry & fishing

Investor take

Pursue

Asset-holding vehicle with a 81-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 81). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

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

Lenders & charges

Confirmed no charges registered

Directors & officers

9 officers (3 active, 9 linked, 5 with DOB)

Ownership & PSC

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

Director network

1 connected companies via shared directors

Filing history

84 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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £2,448

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£2k

↑ 1.2% YoY

Current Assets

£60

~ YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2024-09-30	2023-09-30
Total assets	£2.4k	£2.4k
Current assets	£60	£60
Net assets	£2.4k	£2.4k

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

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (31 events)Click to expand

2025-05-23
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-08-06
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-26
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-23
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-05-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-05-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-05-24
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-05-31
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-01-18
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2018-01-18
📄
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2017-06-08
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2016-06-06
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-10-19
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-07-24
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-09-25
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2008-07-21
➕
MERISON, Mark Edward Hugh appointed
secretary
2008-07-21
➕
MERISON, Mark Edward Hugh appointed
director
2008-07-21
➖
DE ZOETE, Nicholas Andrew resigned
secretary
2008-07-21
➖
MERISON, Sally Jean resigned
director
2008-06-30
➖
DE ZOETE, Nicholas Andrew resigned
director
2007-05-25
➖
OWEN, Anthony David Roger resigned
director
1995-10-26
➕
DE ZOETE, Nicholas Andrew appointed
secretary
1995-10-25
➕
GILCHRIST, Gordon David appointed
director
1995-10-25
➖
OSWALDS OF EDINBURGH LIMITED resigned
corporate-nominee-secretary
1995-10-25
➕
DE ZOETE, Nicholas Andrew appointed
director
1995-10-25
➕
MERISON, Sally Jean appointed
director
1995-10-25
➕
OWEN, Anthony David Roger appointed
director
1995-10-25
➖
JORDANS (SCOTLAND) LIMITED resigned
corporate-nominee-director
1995-09-21
🏢
Company incorporated
As NEWTOAST LIMITED
1995-09-21
➕
OSWALDS OF EDINBURGH LIMITED appointed
corporate-nominee-secretary
1995-09-21
➕
JORDANS (SCOTLAND) LIMITED appointed
corporate-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

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
+Long-tenure founder: Senior director has been in place 31 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 81 — succession pressure is live.

Succession & seller-readiness

96/100

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 81 years old. Natural succession window is now.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
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 Gordon David Gilchrist Individual · British · DOB 04/1945 · age 81	75–100%	—	75-100% shares	07/04/2016

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 · IV postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
ASSYNT CROFTERS TRUST LIMITED→ SC140205 · est 1992	—	—	—	3	33y	83	88y
BLUE MOTION FISHING CO. LIMITED→ SC357414 · est 2009	—	—	£762.9k	—	17y	83	62y
BURGIE LODGE FARMS LIMITED→ SC031556 · est 1956	—	—	£1.67M	—	69y	83	73y
CAWDOR FORESTRY LIMITED→ SC218848 · est 2001	—	—	£468.9k	—	24y	83	64y
DINGWALL & HIGHLAND MARTS LIMITED→ SC154876 · est 1994	—	—	—	39	31y	83	81y
EASTER ROSS FARMERS LIMITED→ SC060125 · est 1976	—	—	—	100	49y	83	95y
SMIR SCOTLAND LIMITED→ SC553111 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
SMM FISHING LTD→ SC609929 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
SPYNIE FARMERS LIMITED→ SC113051 · est 1988 · no financials extracted	—	—	—	—	37y	—	—
STRATHNAIRN COMMUNITY WOODLANDS→ SC228026 · est 2002 · no financials extracted	—	—	—	—	24y	—	—
SUTHERLAND COMMUNITY SEAWEED CIC→ SC870173 · est 2025 · no financials extracted	—	—	—	—	—	—	—
TARTAN TIMBER HARVESTING LTD→ SC849444 · est 2025 · no financials extracted	—	—	—	—	—	—	—

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

Incorporated1995-09-21

Jurisdictionscotland

Primary SIC03120 — SIC 03120

Registered office

121 High Street

Forres

Moray

IV36 0AB

Filing status

Accounts

Next due: 2026-06-30

Last made up to: 2024-09-30

Confirmation statement

Next due: 2026-08-20

Last: 2025-08-06

Officers (3 active · 6 resigned)

MERISON, Mark Edward Hugh→

secretary · appointed 2008-07-21

View their other companies + combined net worth →

Active

GILCHRIST, Gordon David→

director · ~81y · appointed 1995-10-25

View their other companies + combined net worth →

Active

MERISON, Mark Edward Hugh→

director · ~69y · appointed 2008-07-21

View their other companies + combined net worth →

Active

DE ZOETE, Nicholas Andrew→

secretary · appointed 1995-10-26 · resigned 2008-07-21

Resigned

OSWALDS OF EDINBURGH LIMITED→

corporate-nominee-secretary · appointed 1995-09-21 · resigned 1995-10-25

Resigned

DE ZOETE, Nicholas Andrew→

director · ~79y · appointed 1995-10-25 · resigned 2008-06-30

Resigned

MERISON, Sally Jean→

director · ~93y · appointed 1995-10-25 · resigned 2008-07-21

Resigned

OWEN, Anthony David Roger→

director · ~90y · appointed 1995-10-25 · resigned 2007-05-25

Resigned

JORDANS (SCOTLAND) LIMITED→

corporate-nominee-director · appointed 1995-09-21 · resigned 1995-10-25

Resigned

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