MICOFISH LIMITED
🌳Matureactive
SC248931 · ltd · incorporated 2003-05-07
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 Dec 2024
Net worth
—
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: SIC 03110
Sector: Agriculture, forestry & fishing
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 76/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).
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
Confirmed no charges registered
85
Directors & officers
5 officers (3 active, 5 linked, 2 with DOB)
78
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
67 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Average employees | 3 | 300 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
3 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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
- 2025-09-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-09-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-09-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-06-15📍change-sail-address-company-with-old-address-new-addressaddress · AD02
- 2022-05-05📍move-registers-to-registered-office-company-with-new-addressaddress · AD04
- 2022-03-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-03-02📄gazette-filings-brought-up-to-dategazette · DISS40
- 2022-03-01📄gazette-notice-compulsorygazette · GAZ1
- 2021-01-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-02-11📄change-person-director-company-with-change-dateofficers · CH01
- 2019-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-10-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-10-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-10-04📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-05-19📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2003-05-07🏢Company incorporatedAs MICOFISH LIMITED
- 2003-05-07➕TAIT, Karen Ann appointedsecretary
- 2003-05-07➕TAIT, Karen Ann appointeddirector
- 2003-05-07➕TAIT, Michael appointeddirector
- 2003-05-07➕BRIAN REID LTD. appointedcorporate-nominee-secretary
- 2003-05-07➖BRIAN REID LTD. resignedcorporate-nominee-secretary
- 2003-05-07➕STEPHEN MABBOTT LTD. appointedcorporate-nominee-director
- 2003-05-07➖STEPHEN MABBOTT LTD. resignedcorporate-nominee-director
Owner dependency
76/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
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 23 years — deep operational knowledge concentrated in one person.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
66/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- 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
cleanNo 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 · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Michael Tait Individual · British · DOB 10/1982 · age 44 | 75–100% | — | 75-100% shares | 06/04/2016 |
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 →Similar companies
Active · Agriculture · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| RDW307 LTD→ SC699924 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| S D WEST LIMITED→ SC510850 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| SEANN LIMITED→ SC331316 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| SECUTUS CONSULTANCY LTD→ SC884654 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| SIXTY SEVEN ENTERPRISES LTD→ SC666363 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| SJG FISHING LTD→ SC733378 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| SOYBURN LIMITED→ SC279771 · est 2005 · no financials extracted | — | — | — | — | 21y | — | — |
| STRATHBOGIE FARMS LTD→ SC505750 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| SUMMERS SHELLFISH LTD→ SC444456 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| SUSIAN LIMITED→ SC300060 · est 2006 · no financials extracted | — | — | — | — | 20y | — | — |
| SUTHERLAND & CO (OLD CRAIG) LTD→ SC400504 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| SYBARITE AVIATION & EQUINE SERVICES LIMITED→ SC488308 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
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
Incorporated2003-05-07
Jurisdictionscotland
Primary SIC03110 — SIC 03110
Registered office
Silveracres
Rathen
Fraserburgh
Aberdeenshire
AB43 8XB
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-05-21
Last: 2025-05-07
Officers (3 active · 2 resigned)
Active
TAIT, Karen Ann→
Activedirector · ~48y · appointed 2003-05-07
View their other companies + combined net worth →
TAIT, Michael→
Activedirector · ~44y · appointed 2003-05-07
View their other companies + combined net worth →
BRIAN REID LTD.→
Resignedcorporate-nominee-secretary · appointed 2003-05-07 · resigned 2003-05-07
STEPHEN MABBOTT LTD.→
Resignedcorporate-nominee-director · appointed 2003-05-07 · resigned 2003-05-07
Click a director name to see their full track record across all companies.
Recent filings (67 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-29
confirmation-statement-with-updates
confirmation-statement · CS01
2023-06-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-15
change-sail-address-company-with-old-address-new-address
address · AD02
2022-06-15
move-registers-to-registered-office-company-with-new-address
address · AD04
2022-05-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-15
gazette-filings-brought-up-to-date
gazette · DISS40
2022-03-02
gazette-notice-compulsory
gazette · GAZ1
2022-03-01
confirmation-statement-with-updates
confirmation-statement · CS01
2021-06-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-01-28