CORRIGALL FISHING LIMITED

🌳Matureactive
SC260383 · ltd · incorporated 2003-12-05
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.
Why now
Window steady · low confidence
Steady and tidy — no seller pressure yet. Approach only if an angle opens.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 22.5y old — refinance window within 12 months
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No material changes in the last 90 days.

Last 180 days

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

🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2025
Net worth
£66.0k
book net assets
Opportunity
82/100
Exceptional
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: SIC 03110
Sector: Agriculture, forestry & fishing
Investor take
Pursue
Active trading company with a 88-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 88). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

3 live charges · oldest 22.5y

65/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 22.5 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: high (85/100)

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

Company profile
address, 1 SIC codes, incorporation date
100
Financials
3 years of iXBRL accounts extracted + narrative notes parsed
95
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
4 officers (3 active, 4 linked, 2 with DOB)
80
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
55 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 · FRS 105 (micro)
Positive net assets
Net assets £66,047
Net assets shrinking
Down £456 YoY

Key financials

3 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£66k
~ YoY
Current Assets
£12k
↓ 75% YoY
Current Liabilities
—
£0£14k£27k£41k£55k£68kDec 2023Dec 2024Dec 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-12-312024-12-312023-12-31
Total assets£108.2k£128.7k£148.3k
Current assets£12.4k£49.6k£67.8k
Net assets£66.0k£66.5k£68.4k

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
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2026-06-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-04-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-04-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-06-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-11-11
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2022-10-28
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2022-09-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-08-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2020-10-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2019-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2018-09-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2017-09-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2016-05-13
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2015-12-14
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2015-08-10
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2006-05-19
    🔓
    Charge satisfied #2
  17. 2005-05-06
    🔒
    Charge registered #3
    Lender: The Royal Bank of Scotland PLC
  18. 2004-02-09
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  19. 2004-02-09
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  20. 2003-12-05
    🏢
    Company incorporated
    As CORRIGALL FISHING LIMITED
  21. 2003-12-05
    ➕
    CORRIGALL, James appointed
    secretary
  22. 2003-12-05
    ➕
    CORRIGALL, Etta Isabelle appointed
    director
  23. 2003-12-05
    ➕
    CORRIGALL, James appointed
    director
  24. 2003-12-05
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  25. 2003-12-05
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary

Owner dependency

100/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder name in company name: Company name contains director surname "CORRIGALL" — 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.
  • +Founder age: Director aged approximately 88 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

96/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 88 years old. Natural succession window is now.
  • 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

clean
No 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
NameSharesVoting rightsNature of controlNotified
Mrs Etta Isabelle Corrigall
Individual · Scottish · DOB 09/1938 · age 88
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
Mr James Corrigall
Individual · Scottish · DOB 08/1953 · age 73
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016

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 · IV postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
BLUE MOTION FISHING CO. LIMITED→
SC357414 · est 2009
——£762.9k—17y8362y
BURGIE LODGE FARMS LIMITED→
SC031556 · est 1956
——£1.67M—70y8373y
CAWDOR FORESTRY LIMITED→
SC218848 · est 2001
——£468.9k—25y8364y
EASTER ROSS FARMERS LIMITED→
SC060125 · est 1976
———10050y8395y
GLENROSSAL LIMITED→
SC351176 · est 2008
——£2.77M—17y8388y
KINGSBURGH FOREST TRUST→
SC227429 · est 2002 · no financials extracted
————24y8375y
MJM (FARMERS) LIMITED→
SC288996 · est 2005
——£1.80M—20y8371y
STRATHNAIRN COMMUNITY WOODLANDS→
SC228026 · est 2002 · no financials extracted
————24y8371y
ACHLAIN ESTATES LIMITED→
SC138631 · est 1992
———20034y8267y
BRAHAN FARMS LIMITED→
SC048495 · est 1971
———40055y8284y
BRUCE MACKENZIE LIMITED→
SC157265 · est 1995
———131y8260y
COILLE RIGH FOREST ESTATES LIMITED→
SC375719 · est 2010
——£1.21M—16y8272y
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
Incorporated2003-12-05
Jurisdictionscotland
Primary SIC03110 — SIC 03110

Registered office

C/O Campbell Stewart Maclennan & Co
Unit 3 Broom Place
Portree
IV51 9HL
Scotland

Filing status

Accounts
Next due: 2027-09-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2026-12-19
Last: 2025-12-05

Officers (3 active · 1 resigned)

CORRIGALL, James→
secretary · appointed 2003-12-05
View their other companies + combined net worth →
Active
CORRIGALL, Etta Isabelle→
director · ~88y · appointed 2003-12-05
View their other companies + combined net worth →
Active
CORRIGALL, James→
director · ~73y · appointed 2003-12-05
View their other companies + combined net worth →
Active
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 2003-12-05 · resigned 2003-12-05
Resigned

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

Mortgages & charges

3
Total charges
2
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Mortgage1 property06/05/2005—
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Ship mortgage1 property09/02/200419/05/2006
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property09/02/2004—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (55 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-06-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-13
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-16
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-12
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-11-11
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-10-28
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-23
accounts-with-accounts-type-micro-entity
accounts · AA
2021-08-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-15
accounts-with-accounts-type-micro-entity
accounts · AA
2020-10-12