LES TURRIFF LIMITED

🌳Matureactive
SC323729 · ltd · incorporated 2007-05-15
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 14.3y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2024
Net worth
—
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Wholesale of fruit and vegetables
Sector: Wholesale & retail
Investor take
Pursue
Active trading company with a 77-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 77). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 14.3y

85/100
ready

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

  • · Oldest live charge is 14.3 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · 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, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
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
3 connected companies via shared directors
54
Filing history
59 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
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
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£0Jun 2023Jun 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-06-302023-06-30
Average employees29002600

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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2025-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-03-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-07-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-09-09
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  5. 2022-09-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-08-30
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  7. 2021-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-06-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-03-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2018-03-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2017-03-27
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2016-05-19
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2016-03-23
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2015-05-22
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2015-03-27
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2014-06-02
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2012-01-25
    🔒
    Charge registered #1
    Lender: Bank of Scotland PLC
  18. 2007-05-15
    🏢
    Company incorporated
    As LES TURRIFF LIMITED
  19. 2007-05-15
    ➕
    TURRIFF, Andrew Eion appointed
    secretary
  20. 2007-05-15
    ➕
    MELDRUM, Eion Robert appointed
    director
  21. 2007-05-15
    ➕
    TURRIFF, Andrew Eion appointed
    director
  22. 2007-05-15
    ➕
    BRIAN REID LTD. appointed
    corporate-secretary
  23. 2007-05-15
    ➖
    BRIAN REID LTD. resigned
    corporate-secretary
  24. 2007-05-15
    ➕
    STEPHEN MABBOTT LTD. appointed
    corporate-director
  25. 2007-05-15
    ➖
    STEPHEN MABBOTT LTD. resigned
    corporate-director

Owner dependency

98/100
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.
  • +Founder name in company name: Company name contains director surname "TURRIFF" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 77 — succession pressure is live.

Succession & seller-readiness

89/100
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 77 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • 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 Andrew Eion Turriff
Individual · British · DOB 02/1975 · age 51
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
Mr Eion Robert Meldrum
Individual · British · DOB 11/1949 · age 77
25–50%
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 →

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AYDYA LIMITED→
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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
Incorporated2007-05-15
Jurisdictionscotland
Primary SIC46310 — Wholesale of fruit and vegetables

Registered office

9 Tom Johnston Road
West Pitkerro Industrial Estate
Dundee
Tayside
DD4 8XD

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-06-30
Confirmation statement
Next due: 2026-05-29
Last: 2025-05-15

Officers (3 active · 2 resigned)

TURRIFF, Andrew Eion→
secretary · appointed 2007-05-15
View their other companies + combined net worth →
Active
MELDRUM, Eion Robert→
director · ~77y · appointed 2007-05-15
View their other companies + combined net worth →
Active
TURRIFF, Andrew Eion→
director · ~51y · appointed 2007-05-15
View their other companies + combined net worth →
Active
BRIAN REID LTD.→
corporate-secretary · appointed 2007-05-15 · resigned 2007-05-15
Resigned
STEPHEN MABBOTT LTD.→
corporate-director · appointed 2007-05-15 · resigned 2007-05-15
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Lloyds Banking Group
Bank of Scotland PLC
Bond & floating charge1 property25/01/2012—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (59 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-16
gazette-filings-brought-up-to-date
gazette · DISS40
2022-09-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-08
gazette-notice-compulsory
gazette · GAZ1
2022-08-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-06-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-05-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-05-15