W G C FARMING LIMITED

🌳Matureactive
SC200255 · ltd · incorporated 1999-09-27
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£-5.77M
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: SIC 01410
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 82). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

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
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
8 officers (3 active, 8 linked, 4 with DOB)
80
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
73 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £5,766,139

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
-£5.8m
↓ 5.2% YoY
Current Assets
£94k
↑ 210% YoY
Current Liabilities
—
-£5.8m-£4.6m-£3.4m-£2.2m-£1.1m£94kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-12-312023-12-31
Total assets£-5.77M£-5.48M
Current assets£94.3k£30.4k
Net assets£-5.77M£-5.48M

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2025-09-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-12-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-12-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-02-05
    ➕
    MACLENNAN, Juliette appointed
    secretary
  7. 2021-02-05
    ➖
    URQUHART, Roderick Macduff resigned
    secretary
  8. 2021-02-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2021-02-05
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  10. 2021-02-05
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  11. 2020-11-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2019-09-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2018-09-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2017-10-10
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  15. 2017-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2016-09-24
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2015-10-13
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2014-11-10
    ➕
    ADAMS, Jane Alison appointed
    director
  19. 2009-10-26
    ➖
    FURMAN, Joyce Noreen resigned
    director
  20. 2007-02-27
    ➖
    SMITH, Robert Louis resigned
    director
  21. 1999-10-22
    ➕
    FURMAN, William Arthur appointed
    director
  22. 1999-10-22
    ➕
    URQUHART, Roderick Macduff appointed
    secretary
  23. 1999-10-22
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  24. 1999-10-22
    ➕
    FURMAN, Joyce Noreen appointed
    director
  25. 1999-10-22
    ➕
    SMITH, Robert Louis appointed
    director
  26. 1999-10-22
    ➖
    JORDANS (SCOTLAND) LIMITED resigned
    corporate-nominee-director
  27. 1999-09-27
    🏢
    Company incorporated
    As W G C FARMING LIMITED
  28. 1999-09-27
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  29. 1999-09-27
    ➕
    JORDANS (SCOTLAND) LIMITED appointed
    corporate-nominee-director

Owner dependency

83/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 27 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 82 — succession pressure is live.

Succession & seller-readiness

96/100
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 82 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 27 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 27 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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr William Arthur Furman
Individual · American · DOB 05/1944 · age 82
75–100%
75–100%75-100% shares · 75-100% voting06/04/2016
Mr William Arthur Furman
Individual · American · DOB 05/1944 · age 82
75–100%
75–100%75-100% shares · 75-100% voting06/04/2016

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

Similar companies

Active · Agriculture · IV postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
ASSYNT CROFTERS TRUST LIMITED→
SC140205 · est 1992
———333y8388y
BLUE MOTION FISHING CO. LIMITED→
SC357414 · est 2009
——£762.9k—17y8362y
BURGIE LODGE FARMS LIMITED→
SC031556 · est 1956
——£1.67M—69y8373y
CAWDOR FORESTRY LIMITED→
SC218848 · est 2001
——£468.9k—25y8364y
DINGWALL & HIGHLAND MARTS LIMITED→
SC154876 · est 1994
———3931y8381y
EASTER ROSS FARMERS LIMITED→
SC060125 · est 1976
———10049y8395y
GLENROSSAL LIMITED→
SC351176 · est 2008
——£2.77M—17y8388y
KINGSBURGH FOREST TRUST→
SC227429 · est 2002 · no financials extracted
————24y8375y
MJM (FARMERS) LIMITED→
SC288996 · est 2005
——£1.80M—20y8371y
STRATHNAIRN COMMUNITY WOODLANDS→
SC228026 · est 2002 · no financials extracted
————24y8371y
ACHLAIN ESTATES LIMITED→
SC138631 · est 1992
———20033y8267y
BRAHAN FARMS LIMITED→
SC048495 · est 1971
———40055y8284y
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
Incorporated1999-09-27
Jurisdictionscotland
Primary SIC01410 — SIC 01410

Registered office

107 Old Edinburgh Road
Inverness
IV3 3HT
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-10-11
Last: 2025-09-27

Officers (3 active · 5 resigned)

MACLENNAN, Juliette→
secretary · appointed 2021-02-05
View their other companies + combined net worth →
Active
ADAMS, Jane Alison→
director · ~72y · appointed 2014-11-10
View their other companies + combined net worth →
Active
FURMAN, William Arthur→
director · ~82y · appointed 1999-10-22
View their other companies + combined net worth →
Active
URQUHART, Roderick Macduff→
secretary · appointed 1999-10-22 · resigned 2021-02-05
Resigned
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 1999-09-27 · resigned 1999-10-22
Resigned
FURMAN, Joyce Noreen→
director · ~85y · appointed 1999-10-22 · resigned 2009-10-26
Resigned
SMITH, Robert Louis→
director · ~85y · appointed 1999-10-22 · resigned 2007-02-27
Resigned
JORDANS (SCOTLAND) LIMITED→
corporate-nominee-director · appointed 1999-09-27 · resigned 1999-10-22
Resigned

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

Recent filings (73 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-30
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-02
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-30
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-05
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-04
accounts-with-accounts-type-micro-entity
accounts · AA
2021-09-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-02-05
appoint-person-secretary-company-with-name-date
officers · AP03
2021-02-05
termination-secretary-company-with-name-termination-date
officers · TM02
2021-02-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-19
accounts-with-accounts-type-micro-entity
accounts · AA
2020-11-22