MOUNTFAIR FARMING LIMITED
🌳Matureactive
SC259760 · ltd · incorporated 2003-11-25
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 12.8y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Nov 2024
Net worth
£3.63M
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: Growing of cereals (except rice), leguminous crops and oil seeds
Sector: Agriculture, forestry & fishing
Investor take
PursueActive trading company with a 67-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 67). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
3 live charges · 2 lenders · oldest 12.8y
70/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 12.8 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
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, 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
7 officers (4 active, 7 linked, 4 with DOB)
81
Ownership & PSC
2 active PSC(s) of 4 total, 4 with control declared
90
Director network
Network not yet resolved
30
Filing history
71 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.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £3,631,106
Net assets shrinking
Down £46,682 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£3.6m
↓ 1.3% YoY
Current Assets
£1.7m
↑ 1.3% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-11-30 | 2023-11-30 |
|---|---|---|
| Total assets | £8.43M | £8.55M |
| Current assets | £1.69M | £1.67M |
| Cash | — | £256.0k |
| Debtors | £1.54M | £1.31M |
| Net assets | £3.63M | £3.68M |
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
0
filings
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
- 2025-07-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-05-07📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-05-07📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-05-07📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-11-29📄change-person-director-company-with-change-dateofficers · CH01
- 2024-08-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-07-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-09-20📄memorandum-articlesincorporation · MA
- 2022-09-16📄capital-name-of-class-of-sharescapital · SH08
- 2022-09-16📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2022-09-15📄resolutionresolution · RESOLUTIONS
- 2022-07-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-08-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-09-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-10-17📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2019-06-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-01-25📄legacymiscellaneous · RP04CS01
- 2018-12-11📄capital-cancellation-sharescapital · SH06
- 2016-01-08➕GRIMSDALE, Shirley appointedsecretary
- 2016-01-08➖GRIMSDALE, William David resignedsecretary
- 2016-01-08➖GRIMSDALE, William David resigneddirector
- 2015-05-27🔓Charge satisfied #2
- 2014-11-21🔒Charge registered #3Lender: Mountfair Farming Limited
- 2013-10-11🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 2013-08-30🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2012-05-01➕GRIMSDALE, Aidan appointeddirector
- 2012-05-01➕GRIMSDALE, Jorin appointeddirector
- 2003-11-25🏢Company incorporatedAs MOUNTFAIR FARMING LIMITED
- 2003-11-25➕GRIMSDALE, Shirley appointeddirector
- 2003-11-25➕GRIMSDALE, William David appointedsecretary
- 2003-11-25➕OSWALDS OF EDINBURGH LIMITED appointedcorporate-nominee-secretary
- 2003-11-25➖OSWALDS OF EDINBURGH LIMITED resignedcorporate-nominee-secretary
- 2003-11-25➕GRIMSDALE, William David appointeddirector
Owner dependency
83/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 67 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
80/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 67. 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Jorin Grimsdale Individual · British · DOB 04/1983 · age 43 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 21/03/2025 |
Mr Aidan Grimsdale Individual · British · DOB 11/1986 · age 40 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 21/03/2025 |
2 historic (ceased) PSCs
- Mrs Shirley Grimsdaleceased 21/03/2025· 25-50% shares
- Mr William David Grimsdale (Deceased)ceased 06/04/2016· 25-50% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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| MOOR & SON LIMITED→ 06486673 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
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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
Incorporated2003-11-25
Jurisdictionscotland
Primary SIC01110 — Growing of cereals (except rice), leguminous crops and oil seeds
Registered office
Mountfair Farm, Whitsome
Duns
Berwickshire
TD11 3NF
Filing status
Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-12-06
Last: 2025-11-22
Officers (4 active · 3 resigned)
GRIMSDALE, Shirley→
Activesecretary · appointed 2016-01-08
View their other companies + combined net worth →
GRIMSDALE, Aidan→
Activedirector · ~40y · appointed 2012-05-01
View their other companies + combined net worth →
GRIMSDALE, Jorin→
Activedirector · ~43y · appointed 2012-05-01
View their other companies + combined net worth →
GRIMSDALE, Shirley→
Activedirector · ~67y · appointed 2003-11-25
View their other companies + combined net worth →
GRIMSDALE, William David→
Resignedsecretary · appointed 2003-11-25 · resigned 2016-01-08
OSWALDS OF EDINBURGH LIMITED→
Resignedcorporate-nominee-secretary · appointed 2003-11-25 · resigned 2003-11-25
GRIMSDALE, William David→
Resigneddirector · ~66y · appointed 2003-11-25 · resigned 2016-01-08
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
2
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Mountfair Farming Mountfair Farming Limited | A registered charge | 1 property | 21/11/2014 | — | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 11/10/2013 | 27/05/2015 | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 30/08/2013 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (71 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2025-12-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-04
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-05-07
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-05-07
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-05-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-29
change-person-director-company-with-change-date
officers · CH01
2024-11-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-23
confirmation-statement-with-updates
confirmation-statement · CS01
2023-11-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-19
confirmation-statement-with-updates
confirmation-statement · CS01
2022-11-29
memorandum-articles
incorporation · MA
2022-09-20
capital-name-of-class-of-shares
capital · SH08
2022-09-16
capital-variation-of-rights-attached-to-shares
capital · SH10
2022-09-16
resolution
resolution · RESOLUTIONS
2022-09-15