HEATHER HILLS FARM LIMITED

🌳Matureactive
SC324377 · ltd · incorporated 2007-05-25
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 May 2025
Net worth
£523.5k
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: SIC 10890
Sector: Manufacturing
Investor take
Pursue
Asset-holding vehicle with a 67-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 67). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

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
4 officers (2 active, 4 linked, 2 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 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.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £523,487
Cash YoY
+18%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£296k
↑ 18% YoY
Net Worth
£523k
↑ 15% YoY
Current Assets
£520k
↑ 7.4% YoY
Current Liabilities
—
£0£105k£209k£314k£419k£523kMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-05-312024-05-31
Total assets£532.0k£459.1k
Current assets£519.7k£483.9k
Cash£295.8k£251.4k
Debtors£81.5k£94.8k
Net assets£523.5k£456.7k

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
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2025-11-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-02-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-02-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2025-01-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-09-23
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2024-08-09
    📄
    capital-return-purchase-own-shares-treasury-capital-date
    capital · SH03
  7. 2023-12-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-10-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2022-02-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-03-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2020-02-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2019-02-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2017-12-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2017-06-07
    📄
    capital-allotment-shares
    capital · SH01
  15. 2017-06-07
    📄
    memorandum-articles
    incorporation · MA
  16. 2017-06-07
    📄
    resolution
    resolution · RESOLUTIONS
  17. 2010-03-01
    ➖
    COLES, Roy Walter Mcintosh resigned
    secretary
  18. 2008-05-01
    ➕
    COLES, Roy Walter Mcintosh appointed
    secretary
  19. 2008-05-01
    ➖
    MCCURROCH, Isla resigned
    secretary
  20. 2007-05-25
    🏢
    Company incorporated
    As HEATHER HILLS FARM LIMITED
  21. 2007-05-25
    ➕
    NOONAN, Bernard Robert appointed
    director
  22. 2007-05-25
    ➕
    NOONAN, Stephen Mark appointed
    director
  23. 2007-05-25
    ➕
    MCCURROCH, Isla appointed
    secretary

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 19 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 67 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

79/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
  • 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

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Mark Noonan
Individual · British · DOB 06/1962 · age 64
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.

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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
Incorporated2007-05-25
Jurisdictionscotland
Primary SIC10890 — SIC 10890

Registered office

Heather Hills Farm
Bridge Of Cally
Blairgowrie
Perthshire
PH10 7JG
Scotland

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-06-09
Last: 2025-05-26

Officers (2 active · 2 resigned)

NOONAN, Bernard Robert→
director · ~67y · appointed 2007-05-25
View their other companies + combined net worth →
Active
NOONAN, Stephen Mark→
director · ~64y · appointed 2007-05-25
View their other companies + combined net worth →
Active
COLES, Roy Walter Mcintosh→
secretary · appointed 2008-05-01 · resigned 2010-03-01
Resigned
MCCURROCH, Isla→
secretary · appointed 2007-05-25 · resigned 2008-05-01
Resigned

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

Recent filings (53 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-11
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-26
change-person-director-company-with-change-date
officers · CH01
2025-02-17
change-person-director-company-with-change-date
officers · CH01
2025-02-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-09
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-09-23
capital-return-purchase-own-shares-treasury-capital-date
capital · SH03
2024-08-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-25
confirmation-statement-with-updates
confirmation-statement · CS01
2022-07-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-12