ISLAY DEVELOPMENT INITIATIVE LTD

🌳Matureactive

SC248808 · private-limited-guarant-nsc · incorporated 2003-05-06

Investment thesis

Looks cheap but ownership + security both unclear — probable value trap.

Why interesting: Headline metrics may be attractive.

Why risky: No PSC visibility combined with multiple live charges; transacting likely slow and expensive.

Why now

Window steady · low confidence

Stable recent picture — watch for any upcoming trigger event.

What changed my view

Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

not disclosed

Net worth

—

book net assets

Opportunity

79/100

Strong

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What this business does

Primary activity: SIC 02100

Sector: Agriculture, forestry & fishing

ALSO REGISTERED FOR

32990Other manufacturing n.e.c.
38210SIC 38210
47799SIC 47799

Investor take

Pursue

Active trading company with a 76-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 75/100. Strong seller-intent signal (63/100, director aged 76). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 1.6y

15/100

too messy

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

· Newest facility, 1.6 years old — likely still in initial term.
· Two lenders — manageable, but coordination required.
· Legal-friction score 28/100 — workable, but lender will want more DD.

Data confidence

Overall: low (47/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile

address, 4 SIC codes, incorporation date

100

Financials

No iXBRL financials extracted

Lenders & charges

2 charges (2/2 with lender, 2/2 with type)

Directors & officers

46 officers (8 active, 46 linked, 44 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

Network not yet resolved

Filing history

145 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

79/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Recent activity

Last 30 days

filing

• 1 officers

Last 90 days

filings

• 2 officers
• 1 confirmation-statement

Last 180 days

filings

• 2 officers
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (108 events)Click to expand

2026-06-18
📄
appoint-person-director-company-with-name-date
officers · AP01
2026-06-01
➕
MCDONALD, Mairi appointed
director
2026-05-21
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-05-20
➖
REDMAN, James Thomas resigned
director
2025-12-31
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-04
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-04
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-03-27
📄
change-account-reference-date-company-previous-extended
accounts · AA01
2025-03-20
🔒
Charge registered #2
Lender: Big Lottery Fund
2025-02-27
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-02-14
➖
SMITH, Robert William resigned
director
2025-02-05
➕
BAULD, Adam Grahame appointed
director
2025-02-05
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-12-27
📄
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-11-27
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-11-27
🔒
Charge registered #1
Lender: Sis (Community Finance) LTD
2024-07-04
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-06-30
➖
PORTER, James resigned
director
2024-04-02
➕
PORTER, James appointed
director
2024-04-02
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-03-27
➕
WIGGINS, Kevin appointed
director
2024-03-27
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-01-11
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-05
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-12-05
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-07-13
➖
MACLACHLAN, Archie resigned
director
2023-07-13
➖
MACLACHLAN, Darcie resigned
director
2023-06-16
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-06-16
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-05-31
➖
CHASEMORE, Gillian Margaret resigned
director
2023-05-15
➖
MAGOWAN, Kenneth resigned
director
2023-04-04
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-04-01
➕
MCINTYRE, John appointed
director
2023-01-26
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-01-23
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-01-01
➕
CHASEMORE, Gillian Margaret appointed
director
2022-06-01
➖
REDMAN, Alastair resigned
director
2021-05-01
➕
MACAFFER, Kate appointed
director
2021-02-01
➖
BAKER, Kerry Davene resigned
director
2020-09-01
➖
PATTON, Stephanie Michelle resigned
director
2020-06-11
➕
PATTON, Stephanie Michelle appointed
director
2020-05-20
➕
MACLACHLAN, Archie appointed
director
2020-05-20
➕
MACLACHLAN, Darcie appointed
director
2020-05-11
➖
FERGUSON, Meredith Jane resigned
director
2020-05-11
➖
HAYES, Graham Donald resigned
director
2019-10-28
➕
BAKER, Kerry Davene appointed
director
2019-10-28
➖
REDMAN, Elizabeth resigned
director
2019-07-01
➕
REDMAN, James Thomas appointed
director
2019-07-01
➖
THOMSON, Thomas resigned
director
2018-05-29
➕
MACCUAIG, Christine Mairi appointed
director

Showing most recent 50 of 108 events

Owner dependency

55/100

Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS

-7 active directors: Broader management team in place — suggests transferable governance.
+Founder age: Director aged approximately 76 — succession pressure is live.

Succession & seller-readiness

60/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

primaryFounder aged 70+: Senior director is approximately 76 years old. Natural succession window is now.

Red flags

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Similar companies

Active · Agriculture · PA postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
MFV DAWN MAID LIMITED→ SC382336 · est 2010	£292.3k £224.8k–£359.7k	£478.9k	—	300	15y	94	73y
MEIKLE CLOAK LIMITED→ SC146230 · est 1993	—	—	£98.6k	—	32y	83	93y
MFV EMERALD DAWN LTD→ SC309052 · est 2006	—	—	—	400	19y	83	67y
OUR POWER (CAIRNDOW) COMMUNITY INTEREST COMPANY→ SC331067 · est 2007 · no financials extracted	—	—	—	—	18y	83	84y
ROSSFORD LIMITED→ SC155011 · est 1994	—	—	£2.65M	—	31y	83	73y
THE STAR FISHING COMPANY LIMITED→ SC259129 · est 2003	—	—	£5.8k	—	22y	83	72y
AITKEN SHELLFISH LIMITED→ SC360377 · est 2009	—	—	£521.7k	—	17y	82	58y
CELTIC SEA LIMITED→ SC129691 · est 1991	—	—	£4.18M	—	35y	82	68y
CUMBRAE OYSTERS LIMITED→ SC157761 · est 1995	—	—	£596.5k	—	31y	82	60y
DRUMAGLEA LIMITED→ SC294680 · est 2005	—	—	—	0	20y	82	73y
GALBRAITH TRAWLERS LIMITED→ SC341101 · est 2008	—	—	£560.8k	—	18y	82	75y
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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.

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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.

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Company details

Statusactive

Typeprivate-limited-guarant-nsc

Incorporated2003-05-06

Jurisdictionscotland

Primary SIC02100 — SIC 02100

Registered office

Idi Office Kilarrow Modular Buildings

Bowmore

Isle Of Islay

Argyll

PA43 7LH

United Kingdom

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-05-20

Last: 2026-05-06