A. LOCHHEAD FISHING COMPANY LIMITED
- · Oldest live charge 18.0y old — refinance window within 12 months
Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (83/100, director aged 67). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
Refinance opportunity
1 live charge · oldest 18.0y
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 18.0 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (77/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-07-31 | 2024-07-31 |
|---|---|---|
| Total assets | £63.6k | £71.4k |
| Current assets | £7.2k | £3.0k |
| Net assets | £63.6k | £45.6k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 accounts
Corporate timeline (21 events)Click to expand
- 2026-01-05📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-07-29📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-07-23📄change-person-director-company-with-change-dateofficers · CH01
- 2025-07-23📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-01-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-11-14📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-11-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-06-21📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-06-21🔓Charge satisfied #1
- 2021-11-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-08-31📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-01-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-03-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-02-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-01-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-02-15📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2008-04-18🔒Charge registered #1Lender: Royal Bank of Scotland PLC
- 2007-07-23🏢Company incorporatedAs A. LOCHHEAD FISHING COMPANY LIMITED
- 2007-07-23➕LOCHHEAD, June Carol appointedsecretary
- 2007-07-23➕LOCHHEAD, Andrew Irvine appointeddirector
- 2007-07-23➕LOCHHEAD, June Carol appointeddirector
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.
- +Founder name in company name: Company name contains director surname "LOCHHEAD" — 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 67 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- 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
cleanShareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Andrew Irvine Lochhead Individual · British · DOB 08/1964 · age 62 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 30/06/2016 |
Mrs June Carol Lochhead Individual · British · DOB 08/1959 · age 67 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 30/06/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
| BALGREGGAN FARMS LIMITED→ SC251076 · est 2003 | £1.55M £1.19M–£1.91M | — | — | 7 | 22y | 82 | 61y |
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| A H S DRUMMOND (GLENSIDE) LIMITED→ SC324103 · est 2007 | — | — | £660.6k | — | 18y | 82 | 84y |
| ALLAN SMITH FENCING & FORESTRY LIMITED→ SC287999 · est 2005 | — | — | — | 2 | 20y | 82 | 71y |
| CRAIGADAM FARM LIMITED→ SC153308 · est 1994 | — | — | £48.7k | — | 31y | 82 | 74y |
| CROCHMORE FARMS LIMITED→ SC338012 · est 2008 | — | — | — | 200 | 18y | 82 | 77y |
| G RAE CONTRACTING→ SC339954 · est 2008 · no financials extracted | — | — | — | — | 18y | 82 | 73y |
| HARDGRAVE FARM, (DUMFRIES) LIMITED→ SC030389 · est 1954 | — | — | — | 1300 | 71y | 82 | 61y |
| ROSS (EXPORT) LIMITED→ SC299942 · est 2006 · no financials extracted | — | — | — | — | 20y | — | — |
| SLAGNAW FARMING LIMITED→ SC479947 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
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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 · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 18/04/2008 | 21/06/2022 |