GRONIDAAL ORGANIC SMOLTS LTD.

🌳Matureactive

SC307638 · ltd · incorporated 2006-08-29

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.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 19.2y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

£396.2k

book net assets

Opportunity

83/100

Exceptional

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What this business does

Primary activity: SIC 03110

Sector: Agriculture, forestry & fishing

ALSO REGISTERED FOR

10200SIC 10200

Investor take

Pursue

Active trading company. Family succession underway — not a classic acquisition target.

Opportunity 83/100 (exceptional), bankability 75/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 19.2y

70/100

ready

Refinance conversation should be productive — structure clean and timing right.

· Oldest live charge is 19.2 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (79/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile

address, 2 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

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

Directors & officers

10 officers (6 active, 10 linked, 7 with DOB)

Ownership & PSC

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

Director network

2 connected companies via shared directors

Filing history

59 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

83/100Exceptional

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 · FRS 105 (micro)

Positive net assets

Net assets £396,186

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£396k

↑ 25% YoY

Current Assets

£79k

↓ 82% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)

Metric	2025-03-31	2024-03-31
Total assets	£546.2k	£318.2k
Current assets	£78.7k	£433.8k
Net assets	£396.2k	£318.2k

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

filings

Last 90 days

filings

Last 180 days

filings

• 1 officers
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (37 events)Click to expand

2026-02-05
📄
change-person-director-company-with-change-date
officers · CH01
2025-12-22
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-25
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-03-07
🔒
Charge registered #2
Lender: Beaw Field Shetland Limited
2025-02-24
📄
mortgage-satisfy-charge-full
mortgage · MR04
2025-02-24
🔓
Charge satisfied #1
2024-11-19
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-07
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-10-07
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-12-14
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-15
➕
BROWN, Elaine Margaret appointed
director
2023-09-15
➕
SMITH, Brian Andrew appointed
director
2023-09-15
➕
SMITH, John James appointed
director
2023-09-15
➕
SMITH, Norman Irvine appointed
director
2023-09-15
➕
SMITH, Robert Sandison appointed
director
2023-09-15
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-09-15
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-09-15
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-09-15
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-09-15
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-07-06
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-07-06
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2023-07-03
➖
SMITH, Joan Margaret resigned
secretary
2023-07-03
➖
SMITH, Joan Margaret resigned
director
2022-12-07
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-11-02
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-08-27
➕
SMITH, Joan Margaret appointed
director
2021-08-27
📄
appoint-person-director-company-with-name-date
officers · AP01
2020-07-15
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2007-03-08
🔒
Charge registered #1
Lender: Clydesdale Bank Public Limited Company
2006-08-29
🏢
Company incorporated
As GRONIDAAL ORGANIC SMOLTS LTD.
2006-08-29
➕
SMITH, James Robert appointed
director
2006-08-29
➕
SMITH, Joan Margaret appointed
secretary
2006-08-29
➕
BRIAN REID LTD. appointed
corporate-nominee-secretary
2006-08-29
➖
BRIAN REID LTD. resigned
corporate-nominee-secretary
2006-08-29
➕
STEPHEN MABBOTT LTD. appointed
corporate-nominee-director
2006-08-29
➖
STEPHEN MABBOTT LTD. resigned
corporate-nominee-director

Owner dependency

73/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

-6 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 82 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

33/100

Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS

primaryFamily succession underway: Not a takeover target — SMITH, Norman Irvine (same surname) appointed 2023-09-15. Pattern consistent with intra-family handover.
primaryFounder aged 70+: Senior director is approximately 82 years old. Natural succession window is now.
secondary12+ year tenure: Director in role 20 years.
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

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
James Robert Smith Individual · British · DOB 02/1944 · age 82	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	06/04/2016

1 historic (ceased) PSC

Joan Margaret Smithceased 30/09/2024· 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 · ZE postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
RESEARCH FISHING CO. LIMITED→ SC103453 · est 1987	£15.65M £12.04M–£19.26M	—	—	0	39y	81	87y
CHARISMA HOLDING COMPANY LIMITED→ SC207704 · est 2000	£14.85M £11.42M–£18.28M	—	—	0	25y	80	75y
UNST SHELLFISH LTD.→ SC326121 · est 2007	—	—	£180.6k	—	18y	83	61y
C & A THOMASON LTD.→ SC197920 · est 1999	—	—	£217.5k	—	26y	82	88y
GUIDING LIGHT FISHING COMPANY LIMITED→ SC339799 · est 2008	—	—	—	2	18y	82	58y
SHETLAND MARINE LIMITED→ SC398706 · est 2011	—	—	—	3	15y	82	70y
SHETLAND SEAFOOD AUCTIONS LIMITED→ SC190378 · est 1998	—	—	£408.2k	—	27y	82	62y
TINGWALL LIVESTOCK LIMITED→ SC285843 · est 2005	—	—	£247.4k	—	20y	82	75y
ANDERSON BROS (VOE) LTD.→ SC246814 · est 2003	—	—	£220.2k	—	23y	80	64y
BLUESHELL MUSSELS LIMITED→ SC254395 · est 2003	—	—	£16.08M	—	22y	80	58y
COLLAFIRTH SEAFARMS LIMITED→ SC335991 · est 2008	—	—	—	—	18y	80	70y
CRIBBA SOUND LTD.→ SC291896 · est 2005	—	—	£113.0k	—	20y	80	58y

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.

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Company details

Statusactive

Typeltd

Incorporated2006-08-29

Jurisdictionscotland

Primary SIC03110 — SIC 03110

Registered office

Heatherlea

Burravoe

Yell

Shetland

ZE2 9BA

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-09-12

Last: 2025-08-29