MACKENZIE FARMING LIMITED

💤Zombieactive
SC174731 · ltd · incorporated 1997-04-22
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 Apr 2025
Net worth
£455.3k
book net assets
Opportunity
77/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: SIC 01420
Sector: Agriculture, forestry & fishing
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 77/100 (strong), 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: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

2 live charges · oldest 26.5y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 26.5 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

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
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
7 officers (2 active, 7 linked, 3 with DOB)
79
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
83 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £455,314
Cash YoY
+33%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£232k
↑ 33% YoY
Net Worth
£455k
↑ 18% YoY
Current Assets
£388k
Current Liabilities
—
£0£91k£182k£273k£364k£455kApr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-04-302024-04-30
Total assets£471.4k—
Current assets£388.4k—
Cash£231.9k£173.9k
Debtors£38.8k—
Net assets£455.3k£385.0k

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

🔒Filing-note intelligence

2 signals 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
1
filing
  • • 1 accounts
Last 90 days
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
  1. 2026-04-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-08-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-01-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-05-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2022-10-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-05-10
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2021-05-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2020-10-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2020-05-01
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2020-05-01
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2020-05-01
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  13. 2019-10-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2018-10-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2018-08-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2017-11-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2016-04-06
    ➖
    MACKENZIE, Donald Grant resigned
    director
  18. 2008-04-30
    ➖
    MACKENZIE, Laurence Robert resigned
    director
  19. 2008-04-25
    ➕
    MACKENZIE, Jan appointed
    secretary
  20. 2008-04-24
    ➖
    MACKENZIE, Elizabeth Ann resigned
    secretary
  21. 1999-12-09
    🔒
    Charge registered #3
    Lender: The Royal Bank of Scotland PLC
  22. 1999-11-07
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  23. 1997-05-08
    ➕
    MACKENZIE, David Grant appointed
    director
  24. 1997-05-08
    ➕
    MACKENZIE, Elizabeth Ann appointed
    secretary
  25. 1997-05-08
    ➖
    PF & S (SECRETARIES) LIMITED resigned
    corporate-secretary
  26. 1997-05-08
    ➕
    MACKENZIE, Donald Grant appointed
    director
  27. 1997-05-08
    ➕
    MACKENZIE, Laurence Robert appointed
    director
  28. 1997-05-08
    ➖
    PF & S (DIRECTORS) LIMITED resigned
    corporate-director
  29. 1997-04-22
    🏢
    Company incorporated
    As MACKENZIE FARMING LIMITED
  30. 1997-04-22
    ➕
    PF & S (SECRETARIES) LIMITED appointed
    corporate-secretary
  31. 1997-04-22
    ➕
    PF & S (DIRECTORS) LIMITED 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 "MACKENZIE" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 29 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

75/100
Likely off-market candidate

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 29 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 29 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%
NameSharesVoting rightsNature of controlNotified
Mr David Grant Mackenzie
Individual · British · DOB 01/1979 · age 47
75–100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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

Similar companies

Active · Agriculture · AB postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
R.P.D. SCOTLAND LIMITED→
SC092792 · est 1985 · no financials extracted
————41y——
R.S.M. MILNE (DYKELANDS) LIMITED→
SC030118 · est 1954 · no financials extracted
————71y——
RATTLEROW SCOTLAND LIMITED→
SC461174 · est 2013 · no financials extracted
————12y——
RAYNER SIM (FISHING) LTD.→
SC243553 · est 2003 · no financials extracted
————23y——
RDW307 LTD→
SC699924 · est 2021 · no financials extracted
————4y——
RIBSMARIE LIMITED→
SC422251 · est 2012 · no financials extracted
————13y——
RITCH FINGASK LIMITED→
SC759033 · est 2023 · no financials extracted
————3y——
RJB (SCOTLAND) LTD.→
SC283239 · est 2005 · no financials extracted
————21y——
RJD FARMS LIMITED→
SC855979 · est 2025 · no financials extracted
———————
ROSEVALE ENGINEERING SERVICES LIMITED→
SC363787 · est 2009 · no financials extracted
————16y——
ROSSIKLB LTD→
SC631386 · est 2019 · no financials extracted
————6y——
RYAN HOGARTH FISHING LTD→
SC608073 · est 2018 · no financials extracted
————7y——
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
Incorporated1997-04-22
Jurisdictionscotland
Primary SIC01420 — SIC 01420

Registered office

South Mains Of Tillymorgan
Culsalmond
Insch
Aberdeenshire
AB52 6UQ
United Kingdom

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-05-03
Last: 2025-04-19

Officers (2 active · 5 resigned)

MACKENZIE, Jan→
secretary · appointed 2008-04-25
View their other companies + combined net worth →
Active
MACKENZIE, David Grant→
director · ~47y · appointed 1997-05-08
View their other companies + combined net worth →
Active
MACKENZIE, Elizabeth Ann→
secretary · appointed 1997-05-08 · resigned 2008-04-24
Resigned
PF & S (SECRETARIES) LIMITED→
corporate-secretary · appointed 1997-04-22 · resigned 1997-05-08
Resigned
MACKENZIE, Donald Grant→
director · ~84y · appointed 1997-05-08 · resigned 2016-04-06
Resigned
MACKENZIE, Laurence Robert→
director · ~65y · appointed 1997-05-08 · resigned 2008-04-30
Resigned
PF & S (DIRECTORS) LIMITED→
corporate-director · appointed 1997-04-22 · resigned 1997-05-08
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property09/12/1999—
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property07/11/1999—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (83 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-26
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-26
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-05-12
confirmation-statement-with-updates
confirmation-statement · CS01
2023-05-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-04
confirmation-statement-with-updates
confirmation-statement · CS01
2022-04-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-22
confirmation-statement-with-updates
confirmation-statement · CS01
2021-05-11
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-05-10
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-05-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-10-01
confirmation-statement-with-updates
confirmation-statement · CS01
2020-05-04