DRUMBEG SALMON LIMITED
- · Oldest live charge 22.1y old — refinance window within 12 months
- 68201Renting and operating of Housing Association real estate
Opportunity 62/100 (worth a look), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (73/100).
Refinance opportunity
2 live charges · 2 lenders · oldest 22.1y
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 22.1 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (58/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Recent activity
Corporate timeline (52 events)Click to expand
- 2023-09-26📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2023-09-26🏁Company dissolved
- 2023-07-11📄gazette-notice-voluntarygazette · GAZ1(A)
- 2023-06-29📄dissolution-application-strike-off-companydissolution · DS01
- 2023-06-16📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-06-16📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-06-16📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-02-23➖BARBOUR, Andrew resigneddirector
- 2023-02-23➖BING, Andrew John Collingwood resigneddirector
- 2023-02-23➖DENTON, Alban Bede resigneddirector
- 2023-02-23📄legacyrestoration · AC93
- 2019-03-05📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2018-12-18📄gazette-notice-voluntarygazette · GAZ1(A)
- 2018-12-10📄dissolution-application-strike-off-companydissolution · DS01
- 2018-01-03📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-03-23📄change-person-director-company-with-change-dateofficers · CH01
- 2017-01-11📄accounts-with-accounts-type-dormantaccounts · AA
- 2016-07-14📄termination-director-company-with-name-termination-dateofficers · TM01
- 2016-07-14📄appoint-person-director-company-with-name-dateofficers · AP01
- 2016-07-14📄appoint-person-director-company-with-name-dateofficers · AP01
- 2016-07-14📄termination-director-company-with-name-termination-dateofficers · TM01
- 2016-06-30➕MAGUIRE, Simon Shaun appointeddirector
- 2016-06-30➖BALFOUR, Alan John resigneddirector
- 2016-04-30➕DENTON, Alban Bede appointeddirector
- 2016-04-30➖JOY, Nicholas Hebden resigneddirector
- 2016-03-17📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2016-01-11📄accounts-with-accounts-type-dormantaccounts · AA
- 2015-08-04📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2015-06-19➕MAGUIRE, Simon Shaun appointedsecretary
- 2015-05-14➖BALFOUR, Alan John resignedsecretary
- 2015-05-14📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2015-03-17📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-12-16📄accounts-with-accounts-type-dormantaccounts · AA
- 2012-04-28🔓Charge satisfied #1
- 2008-04-30➖BALFOUR, Elizabeth Jean, Dr resigneddirector
- 2004-06-08➕BALFOUR, Elizabeth Jean, Dr appointeddirector
- 2004-06-08➕BARBOUR, Andrew appointeddirector
- 2004-06-08➕BING, Andrew John Collingwood appointeddirector
- 2004-04-26➕BALFOUR, Alan John appointedsecretary
- 2004-04-26➖FRANCIS, Jerry Thomas Patrick resignedsecretary
- 2004-04-26➕BALFOUR, Alan John appointeddirector
- 2004-04-26➖FRANCIS, Jerry Thomas Patrick resigneddirector
- 2004-04-26➕JOY, Nicholas Hebden appointeddirector
- 2004-04-26➖PAYNE, James Gladstone resigneddirector
- 2004-04-26🔒Charge registered #2Lender: Hsbc Bank PLC
- 2004-04-16🔒Charge registered #1Lender: Ardvar Salmon Limited
- 2004-03-17🏢Company incorporatedAs DRUMBEG SALMON LIMITED
- 2004-03-17➕FRANCIS, Jerry Thomas Patrick appointedsecretary
- 2004-03-17➕OSWALDS OF EDINBURGH LIMITED appointedcorporate-nominee-secretary
- 2004-03-17➖OSWALDS OF EDINBURGH LIMITED resignedcorporate-nominee-secretary
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondaryStable-but-static management: Company is 22 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 high ·Company has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2023-09-26
Group structure
Loch Duart Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Loch Duart Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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 · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| CRAIGENGILLAN ESTATES (NO 1) COMPANY LIMITED→ SC124520 · est 1990 | £3.87M £2.98M–£4.77M | — | — | 0 | 36y | 83 | 63y |
| APF INTERNATIONAL FOREST MACHINERY EXHIBITION LTD.→ SC228249 · est 2002 | £278.2k £214.0k–£342.4k | — | — | 500 | 24y | 95 | 79y |
| ALDERSTON DAIRIES LIMITED→ SC241138 · est 2002 | — | — | £114.4k | — | 23y | 83 | 74y |
| CAITHNESS POTATO BREEDERS LIMITED→ SC082730 · est 1983 | — | — | £1.36M | — | 43y | 83 | 68y |
| CARCANT ESTATES LIMITED→ SC030457 · est 1954 | — | — | £269.0k | — | 71y | 83 | 69y |
| DENHOLM POTATO GROWERS LIMITED→ SC089295 · est 1984 | — | — | £453.8k | — | 41y | 83 | 61y |
| DODS OF HADDINGTON LIMITED→ SC056452 · est 1974 | — | — | £2.26M | — | 51y | 83 | 72y |
| EAST COAST ORGANICS LTD→ SC297585 · est 2006 | — | — | £1.21M | — | 20y | 83 | 63y |
| EAST LOTHIAN PRODUCE LIMITED→ SC185473 · est 1998 | — | — | £8.19M | — | 28y | 83 | 73y |
| GREENSHIELDS AGRI LIMITED→ SC381819 · est 2010 | — | — | — | 14 | 15y | 83 | 70y |
| ROSLIN NUTRITION LIMITED→ SC173850 · est 1997 | — | — | — | 1000 | 29y | 83 | 78y |
| ARBORETUM ESTATES LIMITED→ SC350956 · est 2008 | — | — | — | 0 | 17y | 82 | 67y |
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.
See pricing →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
Registered office
Filing status
Officers (0 active · 11 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc Bank PLC | Floating charge | 1 property | 26/04/2004 | — | |
| satisfied | Ardvar Salmon Ardvar Salmon Limited | Floating charge | 1 property | 16/04/2004 | 28/04/2012 |