SEANN LIMITED

💤Zombieactive
SC331316 · ltd · incorporated 2007-09-21
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£74.8k
book net assets
Opportunity
75/100
Strong
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What this business does
Primary activity: SIC 03110
Sector: Agriculture, forestry & fishing
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 75/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (78/100)

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
5 officers (2 active, 5 linked, 2 with DOB)
78
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
57 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £74,764
Net assets shrinking
Down £43,108 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£75k
↓ 37% YoY
Current Assets
£77k
↓ 36% YoY
Current Liabilities
—
£0£24k£48k£72k£96k£120kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-03-312024-03-31
Total assets£74.8k£117.9k
Current assets£76.8k£120.1k
Net assets£74.8k£117.9k

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
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
  1. 2025-12-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-06-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-02-29
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2024-02-29
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  5. 2024-02-28
    ➖
    WATT, David resigned
    director
  6. 2023-08-25
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2023-08-25
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2023-08-25
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2023-08-25
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  10. 2023-08-25
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2023-08-25
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  12. 2023-08-25
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  13. 2023-04-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2022-09-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2021-05-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2020-08-20
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  17. 2020-08-20
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  18. 2020-06-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2019-07-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  20. 2007-09-21
    🏢
    Company incorporated
    As SEANN LIMITED
  21. 2007-09-21
    ➕
    WATT, Audrey Margaret appointed
    secretary
  22. 2007-09-21
    ➕
    WATT, Audrey Margaret appointed
    director
  23. 2007-09-21
    ➕
    BRIAN REID LTD. appointed
    corporate-secretary
  24. 2007-09-21
    ➖
    BRIAN REID LTD. resigned
    corporate-secretary
  25. 2007-09-21
    ➕
    WATT, David appointed
    director
  26. 2007-09-21
    ➕
    STEPHEN MABBOTT LTD. appointed
    corporate-director
  27. 2007-09-21
    ➖
    STEPHEN MABBOTT LTD. resigned
    corporate-director

Owner dependency

85/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

68/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • 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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mrs Audrey Margaret Watt
Individual · British · DOB 04/1972 · age 54
75–100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016
1 historic (ceased) PSC
  • Mr David Wattceased 25/08/2023· 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 · AB postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
EAST COAST VINERS (PEAS AND BEANS) LIMITED→
SC465480 · est 2013
£8.08M
£6.21M–£9.94M
£13.37M—180012y8579y
TREETOP FORESTRY LIMITED→
SC292083 · est 2005
£5.00M
£3.85M–£6.15M
£12.98M—460020y8772y
ALTNAHARRA ESTATE LIMITED→
SC228455 · est 2002
£634.2k
£487.8k–£780.5k
——824y8571y
CHALLENGE FISHING COMPANY LIMITED→
SC192237 · est 1998
———627y8369y
FORTRIE FARMS LIMITED→
SC158055 · est 1995
———1030y8376y
GARDINER ICM LIMITED→
SC197812 · est 1999
——£2.60M—26y8364y
LORANTHUS FISHING COMPANY LIMITED→
SC312585 · est 2006
———019y8370y
M B AQUARIUS LIMITED→
SC259115 · est 2003
———022y8370y
M.V. QUANTUS LIMITED→
SC150141 · est 1994
——£32.29M—32y8369y
MEARNS TRACTORS LIMITED→
SC261246 · est 2003
———122y8362y
S.F.F. SERVICES LIMITED→
SC098563 · est 1986 · no financials extracted
————39y8367y
SHANNON FISHING LIMITED→
SC157000 · est 1995
——£24.40M—31y8379y
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
Incorporated2007-09-21
Jurisdictionscotland
Primary SIC03110 — SIC 03110

Registered office

16 Castle Street
Banff
AB45 1DL

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-10-05
Last: 2025-09-21

Officers (2 active · 3 resigned)

WATT, Audrey Margaret→
secretary · appointed 2007-09-21
View their other companies + combined net worth →
Active
WATT, Audrey Margaret→
director · ~54y · appointed 2007-09-21
View their other companies + combined net worth →
Active
BRIAN REID LTD.→
corporate-secretary · appointed 2007-09-21 · resigned 2007-09-21
Resigned
WATT, David→
director · ~58y · appointed 2007-09-21 · resigned 2024-02-28
Resigned
STEPHEN MABBOTT LTD.→
corporate-director · appointed 2007-09-21 · resigned 2007-09-21
Resigned

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

Recent filings (57 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-01
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-22
confirmation-statement-with-updates
confirmation-statement · CS01
2024-09-23
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-10
termination-director-company-with-name-termination-date
officers · TM01
2024-02-29
change-account-reference-date-company-current-extended
accounts · AA01
2024-02-29
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-08-25
change-person-director-company-with-change-date
officers · CH01
2023-08-25
change-person-director-company-with-change-date
officers · CH01
2023-08-25
change-person-secretary-company-with-change-date
officers · CH03
2023-08-25
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-08-25
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-08-25
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-08-25
accounts-with-accounts-type-micro-entity
accounts · AA
2023-04-28