JAMES PETTIGREW (FARMS) LIMITED

💤Zombieactive

SC169086 · ltd · incorporated 1996-10-16

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 Oct 2024

Net worth

£-36.7k

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: SIC 01500

Sector: Agriculture, forestry & fishing

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

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 (75/100)

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

Network not yet resolved

Filing history

68 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 · FRS 105 (micro)

Negative net assets

Liabilities exceed assets by £36,672

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

-£37k

Current Assets

£17k

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)

Metric	2024-10-31	2023-10-31
Total assets	£-36.7k	—
Current assets	£17.2k	—
Net assets	£-36.7k	—

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

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (22 events)Click to expand

2025-01-22
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-17
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-23
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-02-10
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-02-26
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-02-12
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-07-16
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-02-07
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-02-06
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-03-10
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-11-10
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-07-13
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-10-26
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-04-02
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2013-12-01
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
1996-10-21
➕
PETTIGREW, Janet appointed
secretary
1996-10-21
➕
PETTIGREW, James appointed
director
1996-10-21
➖
EQUITY CORPORATE SERVICES (UK) LIMITED resigned
corporate-secretary
1996-10-21
➖
EQUITY MANAGEMENT COMPANY (UK) LTD resigned
corporate-director
1996-10-16
🏢
Company incorporated
As JAMES PETTIGREW (FARMS) LIMITED
1996-10-16
➕
EQUITY CORPORATE SERVICES (UK) LIMITED appointed
corporate-secretary
1996-10-16
➕
EQUITY MANAGEMENT COMPANY (UK) LTD appointed
corporate-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.
+Founder name in company name: Company name contains director surname "PETTIGREW" — strong identity link between founder and business.
+Long-tenure founder: Senior director has been in place 30 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 30 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 30 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

Name	Shares	Voting rights	Nature of control	Notified
Mr James Pettigrew Individual · British · DOB 05/1950 · age 76	50–75%	—	50-75% shares	16/10/2016

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

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MANN ASSET HOLDINGS LIMITED→ SC555135 · est 2017 · no financials extracted	—	—	—	—	9y	—	—
MOSSNEUK FARM (FORESIDE) LIMITED→ SC223005 · est 2001 · no financials extracted	—	—	—	—	24y	—	—
MURIE KENNELS LTD→ SC713414 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
NEEMCO LIMITED→ SC149664 · est 1994 · no financials extracted	—	—	—	—	32y	—	—
NORTHBAY FISHING COMPANY LIMITED→ SC115897 · est 1989 · no financials extracted	—	—	—	—	37y	—	—
NORTHFIELD STABLES LIMITED→ SC824440 · est 2024 · no financials extracted	—	—	—	—	1y	—	—

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

Incorporated1996-10-16

Jurisdictionscotland

Primary SIC01500 — SIC 01500

Registered office

Cultburn Hall Farm

Stepps Road, Lenzie

Glasgow

North Lanarkshire

G66 5ED

Filing status

Accounts

Next due: 2026-07-31

Last made up to: 2024-10-31

Confirmation statement

Next due: 2026-10-30

Last: 2025-10-16

Officers (2 active · 2 resigned)

PETTIGREW, Janet→

secretary · appointed 1996-10-21

View their other companies + combined net worth →

Active

PETTIGREW, James→

director · ~76y · appointed 1996-10-21

View their other companies + combined net worth →

Active

EQUITY CORPORATE SERVICES (UK) LIMITED→

corporate-secretary · appointed 1996-10-16 · resigned 1996-10-21

Resigned

EQUITY MANAGEMENT COMPANY (UK) LTD→

corporate-director · appointed 1996-10-16 · resigned 1996-10-21

Resigned

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