CULLISSE LTD.

🌳Matureactive
SC280145 · ltd · incorporated 2005-02-17
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
80/100
Exceptional
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What this business does
Primary activity: SIC 01500
Sector: Agriculture, forestry & fishing
Investor take
Pursue
Active trading company with a 71-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 71). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (76/100)

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
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
53 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Average employees200200

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
1
filing
  • • 1 confirmation-statement
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2025-09-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-08-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-07-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-03-01
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  5. 2023-03-01
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2023-03-01
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2023-02-28
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2022-08-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2021-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2020-12-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2019-09-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2018-08-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2017-07-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2016-10-01
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2016-02-29
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2005-02-17
    🏢
    Company incorporated
    As CULLISSE LTD.
  17. 2005-02-17
    ➕
    MACKENZIE, Elizabeth Robertson appointed
    secretary
  18. 2005-02-17
    ➕
    MACKENZIE, Elizabeth Robertson appointed
    director
  19. 2005-02-17
    ➕
    MACKENZIE, Kenneth Charles appointed
    director
  20. 2005-02-17
    ➕
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  21. 2005-02-17
    ➖
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  22. 2005-02-17
    ➕
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  23. 2005-02-17
    ➖
    STEPHEN MABBOTT LTD. resigned
    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 21 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 71 — 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 71 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 21 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 21 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
Mr Kenneth Charles Mackenzie
Individual · British · DOB 06/1955 · age 71
——sig. influencesignificant influence17/02/2017
Mrs Elizabeth Robertson Mackenzie
Individual · British · DOB 06/1956 · age 70
——sig. influencesignificant influence17/02/2017

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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————3y——
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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
Incorporated2005-02-17
Jurisdictionscotland
Primary SIC01500 — SIC 01500

Registered office

Cargill Cullisse Farm
Nigg
Tain
IV19 1QN
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-03-12
Last: 2026-02-26

Officers (3 active · 2 resigned)

MACKENZIE, Elizabeth Robertson→
secretary · appointed 2005-02-17
View their other companies + combined net worth →
Active
MACKENZIE, Elizabeth Robertson→
director · ~70y · appointed 2005-02-17
View their other companies + combined net worth →
Active
MACKENZIE, Kenneth Charles→
director · ~71y · appointed 2005-02-17
View their other companies + combined net worth →
Active
BRIAN REID LTD.→
corporate-nominee-secretary · appointed 2005-02-17 · resigned 2005-02-17
Resigned
STEPHEN MABBOTT LTD.→
corporate-nominee-director · appointed 2005-02-17 · resigned 2005-02-17
Resigned

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

Recent filings (53 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-01
change-person-secretary-company-with-change-date
officers · CH03
2023-03-01
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-03-01
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-03-01
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-02-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-06