KINNEAR FISHING LTD.

💤Zombieactive

SC169238 · ltd · incorporated 1996-10-22

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 Nov 2025

Net worth

—

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

Active trading company with a 68-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 68). 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 (76/100)

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

6 officers (1 active, 6 linked, 3 with DOB)

Ownership & PSC

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

Director network

Network not yet resolved

Filing history

74 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	2025-11-30	2024-11-30
Average employees	100	100

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

• 1 accounts
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (27 events)Click to expand

2025-12-12
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-05
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accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-04
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-10
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-15
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-16
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-12-20
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-01-19
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2016-12-13
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-12-17
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-10-27
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-12-09
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-11-04
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2014-11-04
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-10-21
➖
HAWKER, Kim resigned
secretary
2001-11-01
➕
HAWKER, Kim appointed
secretary
2001-10-21
➖
MORISON, Vilma Eleanor resigned
secretary
1996-10-22
🏢
Company incorporated
As KINNEAR FISHING LTD.
1996-10-22
➕
MORISON, Douglas Kinnear appointed
director
1996-10-22
➕
FOOT, Leigh appointed
nominee-secretary
1996-10-22
➖
FOOT, Leigh resigned
nominee-secretary
1996-10-22
➕
MORISON, Vilma Eleanor appointed
secretary
1996-10-22
➕
MCINTOSH, Susan appointed
nominee-director
1996-10-22
➖
MCINTOSH, Susan resigned
nominee-director
1996-10-22
➕
TRAINER, Peter appointed
nominee-director
1996-10-22
➖
TRAINER, Peter resigned
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 30 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 68 — succession pressure is live.

Succession & seller-readiness

95/100

Likely off-market candidate

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

SIGNALS

primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
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 · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mr Douglas Kinnear Morison Individual · British · DOB 07/1958 · age 68	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	22/10/2016

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

Similar companies

Active · Agriculture · PH postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
J A C GRIERSON LIMITED→ SC295027 · est 2006 · no financials extracted	—	—	—	—	20y	—	—
J.& E.SMILLIE (GROWERS) LIMITED→ SC061860 · est 1977 · no financials extracted	—	—	—	—	49y	—	—
KINLOCHEIL SPORTINGS→ SC198621 · est 1999 · no financials extracted	—	—	—	—	26y	—	—
KNOYDART TREE NURSERY CIC→ SC749595 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
LEADKETTY FRUIT LIMITED→ SC375532 · est 2010 · no financials extracted	—	—	—	—	16y	—	—
LOCHLANDS FARM LIMITED→ SC368049 · est 2009 · no financials extracted	—	—	—	—	16y	—	—
LOGIEALMOND ESTATE LTD→ SC627961 · est 2019 · no financials extracted	—	—	—	—	7y	—	—
LOHMANN BREEDERS UK LIMITED→ SC536609 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
LOUIS JOHNSTONE TIMBER CONTRACTOR LIMITED→ SC490105 · est 2014 · no financials extracted	—	—	—	—	11y	—	—
LOWER LETHAM LIMITED→ SC296628 · est 2006 · no financials extracted	—	—	—	—	20y	—	—
LUD CASTLE (COMPUTING) LIMITED→ SC097336 · est 1986 · no financials extracted	—	—	—	—	40y	—	—
LYNWILG CROFT LTD→ SC744450 · est 2022 · no financials extracted	—	—	—	—	3y	—	—

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.

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Company details

Statusactive

Typeltd

Incorporated1996-10-22

Jurisdictionscotland

Primary SIC03120 — SIC 03120

Registered office

East Lodge

Tower Of Lethendy, Meikleour

Perth

PH2 6EQ

Filing status

Accounts

Next due: 2027-08-31

Last made up to: 2025-11-30

Confirmation statement

Next due: 2026-11-05

Last: 2025-10-22

Officers (1 active · 5 resigned)

MORISON, Douglas Kinnear→

director · ~68y · appointed 1996-10-22

View their other companies + combined net worth →

Active

FOOT, Leigh→

nominee-secretary · appointed 1996-10-22 · resigned 1996-10-22

Resigned

HAWKER, Kim→

secretary · appointed 2001-11-01 · resigned 2014-10-21

Resigned

MORISON, Vilma Eleanor→

secretary · appointed 1996-10-22 · resigned 2001-10-21

Resigned

MCINTOSH, Susan→

nominee-director · ~56y · appointed 1996-10-22 · resigned 1996-10-22

Resigned

TRAINER, Peter→

nominee-director · ~74y · appointed 1996-10-22 · resigned 1996-10-22

Resigned

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