IAIN SERVICE & COMPANY LIMITED

🌳Matureactive
SC229358 · ltd · incorporated 2002-03-19
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 24.0y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to May 2025
Net worth
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.

What this business does
Primary activity: SIC 01410
Sector: Agriculture, forestry & fishing
ALSO REGISTERED FOR
  • 01450SIC 01450
Investor take
Pursue
Active trading company. Family succession underway — not a classic acquisition target.

Opportunity 82/100 (exceptional), bankability 75/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 24.0y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 24.0 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 25/100 — 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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
7 officers (4 active, 7 linked, 4 with DOB)
81
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
66 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.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0May 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-05-312024-05-31
Average employees111100

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
0
filings
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2026-02-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-03-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2025-03-07
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  4. 2025-03-06
    SERVICE, Roseanne resigned
    director
  5. 2025-02-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2024-05-07
    📄
    accounts-amended-with-accounts-type-total-exemption-full
    accounts · AAMD
  7. 2024-04-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  8. 2024-04-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2024-02-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2023-08-14
    SERVICE, Andrew Gordon appointed
    director
  11. 2023-08-14
    SERVICE, Charlotte Rose appointed
    director
  12. 2023-01-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2022-02-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2020-11-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2020-01-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2019-02-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2018-01-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2017-02-15
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  19. 2015-07-22
    🔒
    Charge registered #2
    Lender: Clydesdale Bank PLC
  20. 2002-05-10
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  21. 2002-03-19
    🏢
    Company incorporated
    As IAIN SERVICE & COMPANY LIMITED
  22. 2002-03-19
    SERVICE, William Iain appointed
    secretary
  23. 2002-03-19
    SERVICE, William Iain appointed
    director
  24. 2002-03-19
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  25. 2002-03-19
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  26. 2002-03-19
    SERVICE, Roseanne appointed
    director
  27. 2002-03-19
    JORDANS (SCOTLAND) LIMITED appointed
    corporate-nominee-director
  28. 2002-03-19
    JORDANS (SCOTLAND) LIMITED 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
  • +Founder name in company name: Company name contains director surname "SERVICE" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

30/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • primaryFamily succession underway: Not a takeover target — SERVICE, Andrew Gordon (same surname) appointed 2023-08-14. Pattern consistent with intra-family handover.
  • primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
  • primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
  • 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
Mr William Iain Service
Individual · British · DOB 09/1963 · age 63
2550%
25–50%25-50% shares · 25-50% voting30/06/2016
1 historic (ceased) PSC
  • Mrs Roseanne Serviceceased 06/03/2025· 25-50% shares · 25-50% voting

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

Similar companies

Active · Agriculture · DG postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
BALGREGGAN FARMS LIMITED
SC251076 · est 2003
£1.55M
£1.19M£1.91M
722y8261y
LARG FARMING COMPANY LIMITED
SC247253 · est 2003
123y8389y
A & J MURCHIE LIMITED
SC295564 · est 2006
90020y8260y
A H S DRUMMOND (GLENSIDE) LIMITED
SC324103 · est 2007
£660.6k19y8284y
A. LOCHHEAD FISHING COMPANY LIMITED
SC328174 · est 2007
£63.6k18y8267y
ALLAN SMITH FENCING & FORESTRY LIMITED
SC287999 · est 2005
220y8271y
CRAIGADAM FARM LIMITED
SC153308 · est 1994
£48.7k31y8274y
CROCHMORE FARMS LIMITED
SC338012 · est 2008
20018y8277y
G RAE CONTRACTING
SC339954 · est 2008 · no financials extracted
18y8273y
H J WALKER & COMPANY LIMITED
SC345386 · est 2008
417y8286y
HARDGRAVE FARM, (DUMFRIES) LIMITED
SC030389 · est 1954
130071y8261y
HUGH RAMSAY FARMS LIMITED
SC086142 · est 1984
80042y8287y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 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
Incorporated2002-03-19
Jurisdictionscotland
Primary SIC01410 — SIC 01410

Registered office

1 Dashwood Square
Newton Stewart
DG8 6EQ

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2027-04-02
Last: 2026-03-19

Officers (4 active · 3 resigned)

SERVICE, William Iain
secretary · appointed 2002-03-19
View their other companies + combined net worth →
Active
SERVICE, Andrew Gordon
director · ~29y · appointed 2023-08-14
View their other companies + combined net worth →
Active
SERVICE, Charlotte Rose
director · ~25y · appointed 2023-08-14
View their other companies + combined net worth →
Active
SERVICE, William Iain
director · ~63y · appointed 2002-03-19
View their other companies + combined net worth →
Active
OSWALDS OF EDINBURGH LIMITED
corporate-nominee-secretary · appointed 2002-03-19 · resigned 2002-03-19
Resigned
SERVICE, Roseanne
director · ~65y · appointed 2002-03-19 · resigned 2025-03-06
Resigned
JORDANS (SCOTLAND) LIMITED
corporate-nominee-director · appointed 2002-03-19 · resigned 2002-03-19
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
Virgin Money
Clydesdale Bank PLC
A registered charge22/07/2015
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property10/05/2002
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (66 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-13
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-20
termination-director-company-with-name-termination-date
officers · TM01
2025-03-07
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-03-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-07
accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2024-05-07
appoint-person-director-company-with-name-date
officers · AP01
2024-04-03
appoint-person-director-company-with-name-date
officers · AP01
2024-04-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-09
confirmation-statement-with-updates
confirmation-statement · CS01
2023-03-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-09