LORANTHUS FISHING COMPANY LIMITED

🌳Matureactive
SC312585 · ltd · incorporated 2006-11-27
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 19.3y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
book net assets
Opportunity
83/100
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 70-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 70). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 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

3 live charges · oldest 19.3y

65/100
clean up first

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

  • · Oldest live charge is 19.3 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 (82/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
9 officers (4 active, 9 linked, 4 with DOB)
79
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
13 connected companies via shared directors
84
Filing history
65 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
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
85
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
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 employees00

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
0
filings
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (34 events)Click to expand
  1. 2026-01-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2025-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-09-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-09-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-07-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-01-24
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  7. 2022-01-24
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  8. 2021-07-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2020-11-01
    MCGREGOR, Christine appointed
    secretary
  10. 2020-10-31
    SIMPSON, Alistair Elliot resigned
    secretary
  11. 2020-08-07
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2020-07-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2019-05-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2018-06-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2017-12-05
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  16. 2017-12-05
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  17. 2017-10-20
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  18. 2017-10-09
    🔒
    Charge registered #3
    Lender: The Royal Bank of Scotland PLC
  19. 2017-08-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2008-04-02
    SMITH, Ryan Andrew appointed
    director
  21. 2008-04-02
    GRAY, Liam John resigned
    director
  22. 2007-04-12
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  23. 2007-01-16
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  24. 2007-01-10
    BARR, Alexander Hinshelwood resigned
    secretary
  25. 2007-01-10
    SIMPSON, Alistair Elliot appointed
    secretary
  26. 2006-11-27
    🏢
    Company incorporated
    As LORANTHUS FISHING COMPANY LIMITED
  27. 2006-11-27
    DOWNIE, Gilbert appointed
    director
  28. 2006-11-27
    WATT, John appointed
    director
  29. 2006-11-27
    BARR, Alexander Hinshelwood appointed
    secretary
  30. 2006-11-27
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  31. 2006-11-27
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  32. 2006-11-27
    GRAY, Liam John appointed
    director
  33. 2006-11-27
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  34. 2006-11-27
    STEPHEN MABBOTT LTD. resigned
    corporate-nominee-director

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 70 — succession pressure is live.

Succession & seller-readiness

83/100
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 70 years old. Natural succession window is now.
  • secondary12+ year tenure: Director in role 19 years.
  • secondaryStable-but-static management: Company is 19 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 John Watt
Individual · British · DOB 11/1956 · age 70
2550%
25–50%25-50% shares · 25-50% voting06/04/2016
Mr Ryan Andrew Smith
Individual · British · DOB 11/1982 · age 44
2550%
25–50%25-50% shares · 25-50% voting06/04/2016

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

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EAST COAST VINERS (PEAS AND BEANS) LIMITED
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£6.21M£9.94M
£13.37M180012y8579y
TREETOP FORESTRY LIMITED
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£5.00M
£3.85M£6.15M
£12.98M460020y8772y
ALTNAHARRA ESTATE LIMITED
SC228455 · est 2002
£634.2k
£487.8k£780.5k
824y8571y
CHALLENGE FISHING COMPANY LIMITED
SC192237 · est 1998
627y8369y
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SC158055 · est 1995
1030y8376y
GARDINER ICM LIMITED
SC197812 · est 1999
£2.60M26y8364y
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022y8370y
M.V. QUANTUS LIMITED
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£32.29M32y8369y
MEARNS TRACTORS LIMITED
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122y8362y
SHANNON FISHING LIMITED
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£24.40M31y8379y
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

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 →
🔒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
Incorporated2006-11-27
Jurisdictionscotland
Primary SIC03110 — SIC 03110

Registered office

26-30 Marine Place
Buckie
AB56 1UT
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-11
Last: 2025-11-27

Officers (4 active · 5 resigned)

MCGREGOR, Christine
secretary · appointed 2020-11-01
View their other companies + combined net worth →
Active
DOWNIE, Gilbert
director · ~68y · appointed 2006-11-27
View their other companies + combined net worth →
Active
SMITH, Ryan Andrew
director · ~44y · appointed 2008-04-02
View their other companies + combined net worth →
Active
WATT, John
director · ~70y · appointed 2006-11-27
View their other companies + combined net worth →
Active
BARR, Alexander Hinshelwood
secretary · appointed 2006-11-27 · resigned 2007-01-10
Resigned
SIMPSON, Alistair Elliot
secretary · appointed 2007-01-10 · resigned 2020-10-31
Resigned
BRIAN REID LTD.
corporate-nominee-secretary · appointed 2006-11-27 · resigned 2006-11-27
Resigned
GRAY, Liam John
director · ~52y · appointed 2006-11-27 · resigned 2008-04-02
Resigned
STEPHEN MABBOTT LTD.
corporate-nominee-director · appointed 2006-11-27 · resigned 2006-11-27
Resigned

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

Mortgages & charges

3
Total charges
3
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property09/10/2017
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Mortgage1 property12/04/2007
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property16/01/2007
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (65 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-12
change-person-director-company-with-change-date
officers · CH01
2026-01-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-19
termination-secretary-company-with-name-termination-date
officers · TM02
2022-01-24
appoint-person-secretary-company-with-name-date
officers · AP03
2022-01-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-14
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-08-07