EAST LOTHIAN PRODUCE LIMITED

🌳Matureactive
SC185473 · ltd · incorporated 1998-04-29
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 13.1y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£8.19M
book net assets
Opportunity
83/100
Exceptional
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What this business does
Primary activity: SIC 01130
Sector: Agriculture, forestry & fishing
Investor take
Pursue
Active trading company with a 73-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 73). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 13.1y

85/100
ready

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

  • · Oldest live charge is 13.1 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (79/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
6 officers (5 active, 6 linked, 4 with DOB)
83
Ownership & PSC
2 active PSC(s) of 4 total, 4 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
74 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £8,186,888
Cash YoY
+148%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£1.1m
↑ 148% YoY
Net Worth
£8.2m
↑ 21% YoY
Current Assets
£19m
↑ 164% YoY
Current Liabilities
—
£0£3.8m£7.6m£11m£15m£19mMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£8.73M£7.08M
Current assets£19.12M£7.23M
Cash£1.10M£442.4k
Debtors£17.02M£6.07M
Net assets£8.19M£6.78M

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

🔒Filing-note intelligence

5 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 (26 events)Click to expand
  1. 2026-03-31
    📄
    accounts-with-accounts-type-medium
    accounts · AA
  2. 2025-08-29
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2025-08-22
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2024-12-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-12-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-12-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-01-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2020-05-27
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  10. 2020-05-20
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  11. 2020-05-20
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  12. 2020-05-20
    📄
    legacy
    miscellaneous · RP04CS01
  13. 2019-11-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2019-04-03
    📄
    capital-name-of-class-of-shares
    capital · SH08
  15. 2019-04-03
    📄
    capital-allotment-shares
    capital · SH01
  16. 2019-04-03
    📄
    resolution
    resolution · RESOLUTIONS
  17. 2018-12-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2017-05-11
    ➕
    MCCULLAGH, Tracy appointed
    director
  19. 2013-03-13
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  20. 2009-01-01
    ➕
    LOGAN, Christopher Richard appointed
    director
  21. 1998-04-29
    🏢
    Company incorporated
    As EAST LOTHIAN PRODUCE LIMITED
  22. 1998-04-29
    ➕
    LOGAN, Hilda appointed
    secretary
  23. 1998-04-29
    ➕
    LOGAN, Hilda appointed
    director
  24. 1998-04-29
    ➕
    LOGAN, William appointed
    director
  25. 1998-04-29
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  26. 1998-04-29
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary

Owner dependency

73/100
High — earn-out structure required

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

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 28 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 73 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

90/100
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 73 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 28 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 28 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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Christopher Richard Logan
Individual · British · DOB 05/1984 · age 42
50–75%
50–75%50-75% shares · 50-75% voting31/03/2020
Mrs Tracy Mccullagh
Individual · British · DOB 12/1978 · age 48
25–50%
25–50%25-50% shares · 25-50% voting31/03/2020
2 historic (ceased) PSCs
  • Mrs Hilda Loganceased 24/04/2025· 25-50% shares · 25-50% voting
  • William Loganceased 31/03/2020· 25-50% shares · 25-50% voting

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 · EH postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
CRAIGENGILLAN ESTATES (NO 1) COMPANY LIMITED→
SC124520 · est 1990
£3.87M
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——036y8363y
APF INTERNATIONAL FOREST MACHINERY EXHIBITION LTD.→
SC228249 · est 2002
£278.2k
£214.0k–£342.4k
——50024y9579y
ALDERSTON DAIRIES LIMITED→
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——£114.4k—23y8374y
CAITHNESS POTATO BREEDERS LIMITED→
SC082730 · est 1983
——£1.36M—43y8368y
CARCANT ESTATES LIMITED→
SC030457 · est 1954
——£269.0k—71y8369y
DENHOLM POTATO GROWERS LIMITED→
SC089295 · est 1984
——£453.8k—41y8361y
DODS OF HADDINGTON LIMITED→
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——£2.26M—51y8372y
DOUGLAS ORR & COMPANY LIMITED→
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———127y8370y
EAST COAST ORGANICS LTD→
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——£1.21M—20y8363y
S & M GRUHAM LTD→
SC585555 · est 2018 · no financials extracted
————8y——
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————5y——
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————16y——
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
Incorporated1998-04-29
Jurisdictionscotland
Primary SIC01130 — SIC 01130

Registered office

4/9 West Garleton
Haddington
East Lothian
EH41 3SJ

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-09-04
Last: 2025-08-21

Officers (5 active · 1 resigned)

LOGAN, Hilda→
secretary · appointed 1998-04-29
View their other companies + combined net worth →
Active
LOGAN, Christopher Richard→
director · ~42y · appointed 2009-01-01
View their other companies + combined net worth →
Active
LOGAN, Hilda→
director · ~73y · appointed 1998-04-29
View their other companies + combined net worth →
Active
LOGAN, William→
director · ~73y · appointed 1998-04-29
View their other companies + combined net worth →
Active
MCCULLAGH, Tracy→
director · ~48y · appointed 2017-05-11
View their other companies + combined net worth →
Active
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 1998-04-29 · resigned 1998-04-29
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Floating charge1 property13/03/2013—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (74 total)

accounts-with-accounts-type-medium
accounts · AA
2026-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-03
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-08-29
change-person-director-company-with-change-date
officers · CH01
2025-08-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-15
confirmation-statement-with-updates
confirmation-statement · CS01
2022-09-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-01-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-08-31
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2020-05-27