SUTHERLAND GAME AND SHELLFISH LIMITED

🌳Matureactive
SC206610 · ltd · incorporated 2000-04-26
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 May 2025
Net worth
£1.19M
book net assets
Opportunity
82/100
Exceptional
🔔
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: Wholesale of meat and meat products
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 46380Wholesale of other food, including fish, crustaceans and molluscs
Investor take
Pursue
Active trading company with a 77-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 57/100. Strong seller-intent signal (83/100, director aged 77). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

5 live charges · 3 lenders · oldest 24.8y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 24.8 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 35/100 — workable, but lender will want more DD.

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, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
6 officers (3 active, 6 linked, 3 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
79 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
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
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £1,186,315
Cash YoY
+42%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£303k
↑ 42% YoY
Net Worth
£1.2m
↑ 3.7% YoY
Current Assets
—
Current Liabilities
—
£0£237k£475k£712k£949k£1.2mMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-05-312024-05-31
Cash£303.2k£213.9k
Net assets£1.19M£1.14M

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 confirmation-statement
Last 90 days
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (34 events)Click to expand
  1. 2026-02-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-02-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-02-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-05-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-07-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-05-04
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2021-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-03-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2020-03-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2020-03-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2020-02-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2019-12-29
    ➖
    MCLEAY, Roberta resigned
    director
  13. 2019-11-06
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  14. 2019-11-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2019-11-06
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  16. 2019-11-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2019-11-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  18. 2019-11-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  19. 2019-11-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  20. 2016-04-04
    🔒
    Charge registered #5
    Lender: Rbs Invoice Finance Limited
  21. 2014-07-28
    🔒
    Charge registered #4
    Lender: The Royal Bank of Scotland PLC
  22. 2013-11-18
    🔒
    Charge registered #3
    Lender: The Royal Bank of Scotland PLC
  23. 2002-10-30
    🔓
    Charge satisfied #1
  24. 2002-01-15
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  25. 2001-08-19
    🔒
    Charge registered #1
    Lender: Aib Group (UK) PLC
  26. 2000-04-26
    🏢
    Company incorporated
    As SUTHERLAND GAME AND SHELLFISH LIMITED
  27. 2000-04-26
    ➕
    MACLEAY, Brian Robert appointed
    secretary
  28. 2000-04-26
    ➕
    MACLEAY, Brian Robert appointed
    director
  29. 2000-04-26
    ➕
    MACLEAY, Darren appointed
    director
  30. 2000-04-26
    ➕
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  31. 2000-04-26
    ➖
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  32. 2000-04-26
    ➕
    MCLEAY, Roberta appointed
    director
  33. 2000-04-26
    ➕
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  34. 2000-04-26
    ➖
    STEPHEN MABBOTT LTD. resigned
    corporate-nominee-director

Owner dependency

91/100
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 26 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 77 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

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 77 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 26 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 26 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
NameSharesVoting rightsNature of controlNotified
Brian Robert Macleay
Individual · British · DOB 12/1949 · age 77
50–75%
50–75%board control50-75% shares · 50-75% 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 · Wholesale & distribution · IV postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
GLEANER LIMITED→
SC030017 · est 1954
£4.05M
£3.04M–£5.06M
——19972y8862y
NORBIT LIMITED→
SC549670 · est 2016
£509.9k
£382.4k–£637.3k
——7009y8159y
FRANK NICOL FARM AND GARDEN MACHINERY LIMITED→
SC139585 · est 1992
——£326.0k—33y8287y
HIGHLAND CLEARANCE LIMITED→
SC088323 · est 1984
———30041y8276y
MACGREGOR INDUSTRIAL SUPPLIES LIMITED→
SC173566 · est 1997 · no financials extracted
————29y8297y
MCLAREN TRACTORS LIMITED→
SC257013 · est 2003
———100022y8258y
MUNRO FRUIT MERCHANTS LTD.→
SC169387 · est 1996
——£86.3k—29y8263y
SCRUBVAC CLEANING EQUIPMENT LTD.→
SC231200 · est 2002
——£113.8k—24y8263y
SHIELDAIG EXPORT LIMITED→
SC165922 · est 1996
——£141.4k—29y8273y
SOURCE ATLANTIQUE (UK) LTD.→
SC323651 · est 2007
——£753.0k—19y8164y
C S MACHINERY SALES LTD→
SC485757 · est 2014
——£521.5k—11y8066y
CALEY TIMBER & BUILDING SUPPLIES LIMITED→
SC242415 · est 2003
——£2.42M—23y8067y
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

Statusactive
Typeltd
Incorporated2000-04-26
Jurisdictionscotland
Primary SIC46320 — Wholesale of meat and meat products

Registered office

Homelea
Achnairn
Shinness By Lairg
Sutherland
IV27 4DN

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2027-05-10
Last: 2026-04-26

Officers (3 active · 3 resigned)

MACLEAY, Brian Robert→
secretary · appointed 2000-04-26
View their other companies + combined net worth →
Active
MACLEAY, Brian Robert→
director · ~77y · appointed 2000-04-26
View their other companies + combined net worth →
Active
MACLEAY, Darren→
director · ~53y · appointed 2000-04-26
View their other companies + combined net worth →
Active
BRIAN REID LTD.→
corporate-nominee-secretary · appointed 2000-04-26 · resigned 2000-04-26
Resigned
MCLEAY, Roberta→
director · ~75y · appointed 2000-04-26 · resigned 2019-12-29
Resigned
STEPHEN MABBOTT LTD.→
corporate-nominee-director · appointed 2000-04-26 · resigned 2000-04-26
Resigned

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

Mortgages & charges

5
Total charges
4
Outstanding
2
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
outstanding
NatWest Group
Rbs Invoice Finance Limited
A registered charge1 property04/04/2016—
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property28/07/2014—
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property18/11/2013—
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property15/01/2002—
satisfied
Aib Group (UK)
Aib Group (UK) PLC
Floating charge1 property19/08/200130/10/2002
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (79 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-05-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-24
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-26
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-23
confirmation-statement-with-updates
confirmation-statement · CS01
2023-05-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-05
confirmation-statement-with-updates
confirmation-statement · CS01
2022-06-01
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-05-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-30
confirmation-statement-with-updates
confirmation-statement · CS01
2021-05-14
confirmation-statement-with-updates
confirmation-statement · CS01
2020-04-27
termination-director-company-with-name-termination-date
officers · TM01
2020-03-12