STRATHMORE POTATOES LIMITED
- · Thesis: well-run, low negotiation leverage
Opportunity 79/100 (strong), bankability 67/100. Strong seller-intent signal (83/100, director aged 65). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
Refinance opportunity
4 live charges · 3 lenders · oldest 20.5y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 20.5 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 35/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-08-31 | 2023-08-31 |
|---|---|---|
| Cash | £377.9k | £65.3k |
| Net assets | £726.2k | £578.3k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 confirmation-statement
Corporate timeline (32 events)Click to expand
- 2025-05-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-05-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-05-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-05-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-04-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-01-20📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-01-20📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-04-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-08-15📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-08-02➖ALLISON, Niall resigneddirector
- 2019-05-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-04-10📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-04-10📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-04-10📄change-person-director-company-with-change-dateofficers · CH01
- 2019-04-10📄change-person-director-company-with-change-dateofficers · CH01
- 2019-04-10📄change-person-secretary-company-with-change-dateofficers · CH03
- 2018-05-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-05-13🔓Charge satisfied #1
- 2016-05-11🔓Charge satisfied #2
- 2012-03-01➕ALLISON, Niall appointeddirector
- 2009-09-04🔒Charge registered #4Lender: Royal Bank of Scotland PLC
- 2009-06-29🔒Charge registered #3Lender: Royal Bank of Scotland PLC
- 2007-11-30🔒Charge registered #2Lender: Bank of Scotland PLC
- 2006-02-22➕PIRIE, Carol Grace appointedsecretary
- 2005-10-28🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2005-08-15➖FORM 10 SECRETARIES FD LTD resignedcorporate-nominee-secretary
- 2005-08-15➖FORM 10 DIRECTORS FD LTD resignedcorporate-nominee-director
- 2005-08-12🏢Company incorporatedAs STRATHMORE POTATOES LIMITED
- 2005-08-12➕MCINTYRE, Stuart David appointeddirector
- 2005-08-12➕PIRIE, Carol Grace appointeddirector
- 2005-08-12➕FORM 10 SECRETARIES FD LTD appointedcorporate-nominee-secretary
- 2005-08-12➕FORM 10 DIRECTORS FD LTD appointedcorporate-nominee-director
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +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 65 — succession pressure is live.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 63+: Senior director is approximately 65. 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 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
1 med ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Stuart David Mcintyre Individual · British · DOB 06/1961 · age 65 | 25–50% | — | sig. influence25-50% shares · significant influence | 06/04/2016 |
Miss Carol Grace Pirie Individual · British · DOB 12/1963 · age 63 | 25–50% | — | sig. influence25-50% shares · significant influence | 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
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| PEACEHILL FARMING LIMITED→ SC144826 · est 1993 | £3.65M £2.81M–£4.50M | £13.06M | — | 5700 | 32y | 84 | 76y |
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| A. C. BROWN (FARMS) LIMITED→ SC030970 · est 1955 | — | — | — | 0 | 70y | 82 | 81y |
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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 →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 (3 active · 3 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Royal Bank of Scotland PLC | Standard security | 1 property | 04/09/2009 | — | |
| outstanding | Lloyds Banking Group Royal Bank of Scotland PLC | Floating charge | 1 property | 29/06/2009 | — | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | Bond & floating charge | 1 property | 30/11/2007 | 11/05/2016 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 28/10/2005 | 13/05/2016 |