HARVEST REAPER LTD

🌳Matureactive

SC269622 · ltd · incorporated 2004-06-21

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 20.7y 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 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

—

year to Jun 2025

Net worth

£1.9k

book net assets

Opportunity

82/100

Exceptional

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What this business does

Primary activity: SIC 03110

Sector: Agriculture, forestry & fishing

Investor take

Pursue

Active trading company with a 67-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 67). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 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

2 live charges · oldest 20.7y

65/100

clean up first

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

· Oldest live charge is 20.7 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 (84/100)

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

Lenders & charges

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

Directors & officers

5 officers (3 active, 5 linked, 2 with DOB)

Ownership & PSC

2 active PSC(s) of 3 total, 3 with control declared

Director network

1 connected companies via shared directors

Filing history

68 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

82/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £1,946

Cash YoY

-1%

Year on year

Key financials

3 years extracted from filed iXBRL accounts

Cash

£16k

↓ 1.3% YoY

Net Worth

£2k

↑ 255% YoY

Current Assets

£17k

↓ 22% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-06-30	2024-06-30	2023-06-30
Total assets	£5.6k	£8.2k	—
Current assets	£17.3k	£22.1k	—
Cash	£16.4k	£16.6k	—
Debtors	£893	£5.5k	—
Net assets	£1.9k	£548	—

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

filing

• 1 confirmation-statement

Last 90 days

filings

• 1 confirmation-statement
• 1 accounts

Last 180 days

filings

• 1 confirmation-statement
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (28 events)Click to expand

2026-05-05
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-19
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-06
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-04-20
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-08
📄
change-person-director-company-with-change-date
officers · CH01
2021-12-08
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-12-08
📄
change-person-secretary-company-with-change-date
officers · CH03
2021-12-08
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-12-08
📄
change-person-director-company-with-change-date
officers · CH01
2021-12-08
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-07-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-29
📄
change-account-reference-date-company-current-shortened
accounts · AA01
2020-01-06
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-04-03
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-03-26
📄
change-account-reference-date-company-previous-shortened
accounts · AA01
2019-01-15
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2018-02-26
🔓
Charge satisfied #2
2006-02-23
🔒
Charge registered #2
Lender: The Governor and Company of the Bank of Scotland
2005-10-20
🔒
Charge registered #1
Lender: The Governor and Company of the Bank of Scotland
2004-06-23
➕
FERGUSON, Jean Isobel appointed
secretary
2004-06-23
➕
FERGUSON, Gary Alexander appointed
director
2004-06-23
➕
FERGUSON, Jean Isobel appointed
director
2004-06-23
➖
FORM 10 SECRETARIES FD LTD resigned
corporate-nominee-secretary
2004-06-23
➖
FORM 10 DIRECTORS FD LTD resigned
corporate-nominee-director
2004-06-21
🏢
Company incorporated
As HARVEST REAPER LTD
2004-06-21
➕
FORM 10 SECRETARIES FD LTD appointed
corporate-nominee-secretary
2004-06-21
➕
FORM 10 DIRECTORS FD LTD appointed
corporate-nominee-director

Owner dependency

91/100

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.
+Long-tenure founder: Senior director has been in place 22 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

86/100

Likely off-market candidate

Strong 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.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 22 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

Name	Shares	Voting rights	Nature of control	Notified
Mrs Jean Isobel Ferguson Individual · British · DOB 11/1959 · age 67	25–50%	25–50%	25-50% shares · 25-50% voting	20/06/2018
Mr Gary Alexander Ferguson Individual · British · DOB 05/1959 · age 67	25–50%	25–50%	25-50% shares · 25-50% voting	06/04/2016

1 historic (ceased) PSC

Mrs Sheena Fergusonceased 20/06/2018· 25-50% shares · 25-50% voting

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 · 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
GALCA-SHELL LIMITED→ SC283719 · est 2005	—	—	£58.3k	—	21y	82	67y

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

Incorporated2004-06-21

Jurisdictionscotland

Primary SIC03110 — SIC 03110

Registered office

Cuillionn

9 Mealdarroch

Tarbert

Argyll

PA29 6YW

Scotland

Filing status

Accounts

Next due: 2027-03-28

Last made up to: 2025-06-30

Confirmation statement

Next due: 2027-07-05

Last: 2026-06-21

Officers (3 active · 2 resigned)

FERGUSON, Jean Isobel→

secretary · appointed 2004-06-23

View their other companies + combined net worth →

Active

FERGUSON, Gary Alexander→

director · ~67y · appointed 2004-06-23

View their other companies + combined net worth →

Active

FERGUSON, Jean Isobel→

director · ~67y · appointed 2004-06-23

View their other companies + combined net worth →

Active

FORM 10 SECRETARIES FD LTD→

corporate-nominee-secretary · appointed 2004-06-21 · resigned 2004-06-23

Resigned

FORM 10 DIRECTORS FD LTD→

corporate-nominee-director · appointed 2004-06-21 · resigned 2004-06-23

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:2 of 2 shown

			Type	Properties
	satisfied	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Statutory mortgage	1 property	23/02/2006	26/02/2018
	outstanding	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Floating charge	1 property	20/10/2005	—

Click column headers to sort. Use filters above to narrow by status and lender.