KIRKTON FARMS LIMITED

⚰️Wound downdissolved
SC172249 · ltd · incorporated 1997-02-12
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 29.2y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
book net assets
Opportunity
58/100
Worth a look
🔔
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What this business does
Primary activity: SIC 01500
Sector: Agriculture, forestry & fishing
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 58/100 (worth a look), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 29.2y

70/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 29.2 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (81/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
10 officers (1 active, 10 linked, 8 with DOB)
86
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
110 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
58/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Average employees00

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
1
filing
  • 1 gazette
Last 180 days
4
filings
  • 2 gazette
  • 1 confirmation-statement
  • 1 dissolution
Counts from Companies House filing history.
Corporate timeline (46 events)Click to expand
  1. 2026-04-21
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2026-04-21
    🏁
    Company dissolved
  3. 2026-02-03
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2026-01-27
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2025-09-03
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2024-02-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2023-02-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2023-02-06
    📄
    change-to-a-person-with-significant-control-without-name-date
    persons-with-significant-control · PSC05
  9. 2023-02-06
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  10. 2022-08-26
    SHEPHERD, Iain Duncan resigned
    director
  11. 2022-08-26
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2022-06-08
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  13. 2022-06-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2022-04-11
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  15. 2022-04-11
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  16. 2022-04-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2022-04-11
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2022-04-11
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2022-04-07
    LOVAT, Simon appointed
    director
  20. 2022-04-07
    FRASER, Sarah Louise resigned
    director
  21. 2022-04-07
    SHEPHERD, Iain Duncan appointed
    director
  22. 2022-04-07
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  23. 2022-04-07
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  24. 2022-03-29
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  25. 2022-03-29
    🔓
    Charge satisfied #2
  26. 2022-03-28
    📄
    memorandum-articles
    incorporation · MA
  27. 2022-03-28
    📄
    resolution
    resolution · RESOLUTIONS
  28. 2022-02-28
    🔓
    Charge satisfied #1
  29. 2021-02-10
    SHEPHERD, Iain Duncan resigned
    secretary
  30. 2021-02-10
    SHEPHERD, Iain Duncan resigned
    director
  31. 2020-06-17
    SHEPHERD, Iain Duncan appointed
    director
  32. 2020-05-30
    FRASER, Kim Ian Maurice, The Hon. resigned
    director
  33. 2017-08-14
    FRASER, Sarah Louise appointed
    director
  34. 2017-07-31
    MACDONALD, Stewart Shaun resigned
    director
  35. 2014-11-27
    🔒
    Charge registered #2
    Lender: Bank of Scotland PLC
  36. 2008-02-27
    FRASER, Joanna Katharine resigned
    director
  37. 1997-04-04
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  38. 1997-02-12
    🏢
    Company incorporated
    As KIRKTON FARMS LIMITED
  39. 1997-02-12
    REID, Brian appointed
    nominee-secretary
  40. 1997-02-12
    REID, Brian resigned
    nominee-secretary
  41. 1997-02-12
    SHEPHERD, Iain Duncan appointed
    secretary
  42. 1997-02-12
    FRASER, Joanna Katharine appointed
    director
  43. 1997-02-12
    FRASER, Kim Ian Maurice, The Hon. appointed
    director
  44. 1997-02-12
    MABBOTT, Stephen appointed
    nominee-director
  45. 1997-02-12
    MABBOTT, Stephen resigned
    nominee-director
  46. 1997-02-12
    MACDONALD, Stewart Shaun appointed
    director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

55/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 29 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high ·
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2026-04-21

Group structure

Lovat Estates Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Lovat Estates Limited
Corporate parent · holds 75-100% shares
ultimate parent
KIRKTON FARMS LIMITED
This company · SC172249

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Lovat Estates Limited
Corporate entity
75100%
75-100% shares07/04/2022
1 historic (ceased) PSC
  • The Executors Of The Hon. Kim Fraserceased 07/04/2022· 25-50% shares · board control

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 →

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SC357414 · est 2009
£762.9k17y8362y
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£1.67M70y8373y
CAWDOR FORESTRY LIMITED
SC218848 · est 2001
£468.9k25y8364y
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3931y8381y
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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

Statusdissolved
Typeltd
Incorporated1997-02-12
Jurisdictionscotland
Primary SIC01500 — SIC 01500

Registered office

Lovat Estates Office
Station Road
Beauly
IV4 7DA
Scotland

Filing status

Accounts
Next due:
Last made up to: 2024-12-31
Confirmation statement
Next due:
Last: 2026-01-31

Officers (0 active · 9 resigned)

LOVAT, Simon
director · ~49y · appointed 2022-04-07
View their other companies + combined net worth →
Active
REID, Brian
nominee-secretary · appointed 1997-02-12 · resigned 1997-02-12
Resigned
SHEPHERD, Iain Duncan
secretary · appointed 1997-02-12 · resigned 2021-02-10
Resigned
FRASER, Joanna Katharine
director · ~73y · appointed 1997-02-12 · resigned 2008-02-27
Resigned
FRASER, Kim Ian Maurice, The Hon.
director · ~80y · appointed 1997-02-12 · resigned 2020-05-30
Resigned
FRASER, Sarah Louise
director · ~66y · appointed 2017-08-14 · resigned 2022-04-07
Resigned
MABBOTT, Stephen
nominee-director · ~76y · appointed 1997-02-12 · resigned 1997-02-12
Resigned
MACDONALD, Stewart Shaun
director · ~63y · appointed 1997-02-12 · resigned 2017-07-31
Resigned
SHEPHERD, Iain Duncan
director · ~63y · appointed 2022-04-07 · resigned 2022-08-26
Resigned
SHEPHERD, Iain Duncan
director · ~63y · appointed 2020-06-17 · resigned 2021-02-10
Resigned

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

Mortgages & charges

2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/11/201429/03/2022
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property04/04/199728/02/2022

Recent filings (110 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2026-04-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-04
gazette-notice-voluntary
gazette · GAZ1(A)
2026-02-03
dissolution-application-strike-off-company
dissolution · DS01
2026-01-27
accounts-with-accounts-type-dormant
accounts · AA
2025-09-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-31
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-10
change-to-a-person-with-significant-control-without-name-date
persons-with-significant-control · PSC05
2023-02-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2023-02-06
confirmation-statement-with-updates
confirmation-statement · CS01
2023-02-06
termination-director-company-with-name-termination-date
officers · TM01
2022-08-26
change-account-reference-date-company-current-shortened
accounts · AA01
2022-06-08
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-06-08