M & R CURSITER LIMITED

🌳Matureactive
SC247546 · ltd · incorporated 2003-04-09
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: SIC 01420
Sector: Agriculture, forestry & fishing
Investor take
Pursue
Strong opportunity: active trading company with exceptional profile and acceptable with review structure.

Opportunity 82/100 (exceptional), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. 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

3 live charges · 3 lenders · oldest 10.5y

35/100
too messy

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

  • · Oldest live charge is 10.5 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
5 officers (4 active, 5 linked, 3 with DOB)
82
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
57 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£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees00

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
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2025-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-02-17
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  6. 2022-02-12
    🔒
    Charge registered #3
    Lender: Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank)
  7. 2021-12-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-03-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2018-12-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2017-12-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2017-03-06
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2017-02-10
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  14. 2017-01-24
    🔒
    Charge registered #2
    Lender: Clydesdle Bank PLC
  15. 2016-12-21
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2016-05-25
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2016-05-15
    ➕
    CURSITER, Sean appointed
    director
  18. 2016-01-05
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  19. 2015-11-12
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  20. 2015-11-06
    🔒
    Charge registered #1
    Lender: Clydesdale Bank PLC
  21. 2003-04-09
    🏢
    Company incorporated
    As M & R CURSITER LIMITED
  22. 2003-04-09
    ➕
    CURSITER, Michael David Robert appointed
    secretary
  23. 2003-04-09
    ➕
    CURSITER, Michael David Robert appointed
    director
  24. 2003-04-09
    ➕
    CURSITER, Ruth Kelday appointed
    director
  25. 2003-04-09
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  26. 2003-04-09
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary

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 "CURSITER" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 64 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

80/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
  • primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 23 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
Mr Sean Cursiter
Individual · British · DOB 05/1988 · age 38
50–75%
50–75%50-75% shares · 50-75% voting15/05/2016

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 · KW postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
BRECK FARM LIMITED→
SC282508 · est 2005
———10021y8359y
ORKNEY SHELLFISH LIMITED→
SC138531 · est 1992
——£174.7k—33y8361y
BINSCARTH LIMITED→
SC251665 · est 2003
———022y8270y
CELTIC DAWN FISHING LIMITED→
SC263213 · est 2004
——£2.01M—22y8262y
E S H HARCUS LIMITED→
SC375460 · est 2010
———60016y8278y
ERLEND FLETT PLANT HIRE→
SC081510 · est 1983 · no financials extracted
————43y8281y
FORSE FARMS LTD→
SC388765 · est 2010
——£561.7k—15y8272y
GEORTH FARMS→
SC270361 · est 2004 · no financials extracted
————21y8278y
LAGA FARMS LIMITED→
SC241028 · est 2002
———223y8264y
MAESQUOY FARMS LIMITED→
SC343177 · est 2008
——£657.6k—17y8265y
J STEVENSON & SON LIMITED→
SC420824 · est 2012 · no financials extracted
————14y——
ROWANPOINT LIMITED→
SC572720 · est 2017 · no financials extracted
————8y——
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
Incorporated2003-04-09
Jurisdictionscotland
Primary SIC01420 — SIC 01420

Registered office

Arwick
Evie
Orkney
KW17 2PF

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-04-23
Last: 2025-04-09

Officers (4 active · 1 resigned)

CURSITER, Michael David Robert→
secretary · appointed 2003-04-09
View their other companies + combined net worth →
Active
CURSITER, Michael David Robert→
director · ~64y · appointed 2003-04-09
View their other companies + combined net worth →
Active
CURSITER, Ruth Kelday→
director · ~64y · appointed 2003-04-09
View their other companies + combined net worth →
Active
CURSITER, Sean→
director · ~38y · appointed 2016-05-15
View their other companies + combined net worth →
Active
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 2003-04-09 · resigned 2003-04-09
Resigned

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

Mortgages & charges

3
Total charges
3
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Virgin Money
Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank)
A registered charge5 properties12/02/2022—
outstanding
Clydesdle Bank
Clydesdle Bank PLC
A registered charge1 property24/01/2017—
outstanding
Virgin Money
Clydesdale Bank PLC
A registered charge—06/11/2015—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (57 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-11
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-02-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-04-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-05-07