MESSRS CHARLES HAY LIMITED

🌳Matureactive
SC248163 · ltd · incorporated 2003-04-23
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 4.5y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£80.5k
book net assets
Opportunity
83/100
Exceptional
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What this business does
Primary activity: Growing of cereals (except rice), leguminous crops and oil seeds
Sector: Agriculture, forestry & fishing
Investor take
Pursue
Strong opportunity: active trading company with exceptional profile and bankable structure.

Opportunity 83/100 (exceptional), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · oldest 4.5y

75/100
ready

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

  • · Charge age ~4.5 years — mid-life; refi window approaching.
  • · 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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
6 officers (4 active, 6 linked, 3 with DOB)
80
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
65 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 £80,475
Net assets shrinking
Down £7,448 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£80k
↓ 8.5% YoY
Current Assets
£420k
↑ 296% YoY
Current Liabilities
—
£0£84k£168k£252k£336k£420kMar 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£1.66M£1.75M
Current assets£419.6k£106.1k
Net assets£80.5k£87.9k

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

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 (27 events)Click to expand
  1. 2025-12-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-12-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-02-27
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  4. 2024-01-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-01-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-11-09
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2022-11-09
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  8. 2022-11-09
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  9. 2021-11-11
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  10. 2021-11-08
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  11. 2021-11-05
    🔒
    Charge registered #2
    Lender: Bank of Scotland PLC
  12. 2021-10-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2021-10-21
    🔒
    Charge registered #1
    Lender: Bank of Scotland PLC
  14. 2020-12-07
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2020-01-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2018-11-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2018-01-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2017-01-01
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  19. 2016-03-11
    ➕
    HAY, Finlay James appointed
    director
  20. 2003-04-25
    ➕
    HAY, David Alan appointed
    secretary
  21. 2003-04-25
    ➕
    HAY, David Alan appointed
    director
  22. 2003-04-25
    ➕
    HAY, Erika Liza appointed
    director
  23. 2003-04-25
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  24. 2003-04-25
    ➖
    JORDANS (SCOTLAND) LIMITED resigned
    corporate-nominee-director
  25. 2003-04-23
    🏢
    Company incorporated
    As MESSRS CHARLES HAY LIMITED
  26. 2003-04-23
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  27. 2003-04-23
    ➕
    JORDANS (SCOTLAND) LIMITED appointed
    corporate-nominee-director

Owner dependency

68/100
High — earn-out structure required

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

FACTORS
  • +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.

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

3 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr David Alan Hay
Individual · British · DOB 02/1962 · age 64
25–50%
—25-50% shares01/07/2016
Mr Finlay James Hay
Individual · British · DOB 09/1989 · age 37
25–50%
—25-50% shares06/04/2016
Mrs Erika Liza Hay
Individual · British · DOB 01/1963 · age 63
25–50%
—25-50% shares06/04/2016

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 →

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————25y8358y
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————9y——
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.

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Company details

Statusactive
Typeltd
Incorporated2003-04-23
Jurisdictionscotland
Primary SIC01110 — Growing of cereals (except rice), leguminous crops and oil seeds

Registered office

6 Atholl Crescent
Perth
PH1 5JN

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-05-07
Last: 2025-04-23

Officers (4 active · 2 resigned)

HAY, David Alan→
secretary · appointed 2003-04-25
View their other companies + combined net worth →
Active
HAY, David Alan→
director · ~64y · appointed 2003-04-25
View their other companies + combined net worth →
Active
HAY, Erika Liza→
director · ~63y · appointed 2003-04-25
View their other companies + combined net worth →
Active
HAY, Finlay James→
director · ~37y · appointed 2016-03-11
View their other companies + combined net worth →
Active
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 2003-04-23 · resigned 2003-04-25
Resigned
JORDANS (SCOTLAND) LIMITED→
corporate-nominee-director · appointed 2003-04-23 · resigned 2003-04-25
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
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property05/11/2021—
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge—21/10/2021—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (65 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-23
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-04
change-account-reference-date-company-current-shortened
accounts · AA01
2024-02-27
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-24
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-04
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-11-09
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-11-09
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-11-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-25
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-11-11
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-11-08
accounts-with-accounts-type-micro-entity
accounts · AA
2021-10-27