STEEL FARMING LIMITED

🌳Matureactive
SC334165 · ltd · incorporated 2007-11-20
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
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Feb 2025
Net worth
—
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: SIC 01130
Sector: Agriculture, forestry & fishing
Investor take
Pursue
Active trading company with a 84-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 84). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

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
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
Network not yet resolved
30
Filing history
56 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.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Feb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-02-282024-02-28
Average employees00

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
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2025-11-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-11-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-04-10
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  4. 2024-04-09
    ✏️
    change-of-name-notice
    change-of-name · CONNOT
  5. 2024-04-09
    📄
    resolution
    resolution · RESOLUTIONS
  6. 2023-11-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2022-11-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-11-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2021-02-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2019-11-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2018-11-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2017-11-30
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  13. 2017-11-30
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2017-11-30
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2017-11-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2017-04-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2007-12-07
    ➕
    STEEL, Jill Susan appointed
    secretary
  18. 2007-12-07
    ➕
    STEEL, David Robert appointed
    director
  19. 2007-12-07
    ➕
    STEEL, John Chapman appointed
    director
  20. 2007-12-07
    ➖
    BRIAN REID LTD. resigned
    corporate-secretary
  21. 2007-12-07
    ➖
    STEPHEN MABBOTT LTD. resigned
    corporate-director
  22. 2007-11-20
    🏢
    Company incorporated
    As STEEL FARMING LIMITED
  23. 2007-11-20
    ➕
    BRIAN REID LTD. appointed
    corporate-secretary
  24. 2007-11-20
    ➕
    STEPHEN MABBOTT LTD. appointed
    corporate-director

Owner dependency

100/100
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 "STEEL" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 84 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

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 84 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 18 years.
  • secondaryStable-but-static management: Company is 18 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
Mrs Jill Susan Steel
Individual · British · DOB 11/1980 · age 46
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
Mr David Robert Steel
Individual · British · DOB 09/1975 · age 51
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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————101y——
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————1y——
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SC068940 · est 1979 · no financials extracted
————46y——
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SC109136 · est 1988 · no financials extracted
————38y——
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————17y——
STRONABA PRODUCE LTD→
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————4y——
STRONE CROFT LTD→
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————7y——
SUNART SEA FARM LIMITED→
SC207184 · est 2000 · no financials extracted
————25y——
TAYBANK GROWERS COOPERATIVE→
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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
Incorporated2007-11-20
Jurisdictionscotland
Primary SIC01130 — SIC 01130

Registered office

5 Whitefriars Crescent
Perth
Perthshire
PH2 0PA
United Kingdom

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-12-04
Last: 2025-11-20

Officers (3 active · 2 resigned)

STEEL, Jill Susan→
secretary · appointed 2007-12-07
View their other companies + combined net worth →
Active
STEEL, David Robert→
director · ~51y · appointed 2007-12-07
View their other companies + combined net worth →
Active
STEEL, John Chapman→
director · ~84y · appointed 2007-12-07
View their other companies + combined net worth →
Active
BRIAN REID LTD.→
corporate-secretary · appointed 2007-11-20 · resigned 2007-12-07
Resigned
STEPHEN MABBOTT LTD.→
corporate-director · appointed 2007-11-20 · resigned 2007-12-07
Resigned

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

Recent filings (56 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-17
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-27
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-28
certificate-change-of-name-company
change-of-name · CERTNM
2024-04-10
change-of-name-notice
change-of-name · CONNOT
2024-04-09
resolution
resolution · RESOLUTIONS
2024-04-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-01
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-27
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-03
accounts-with-accounts-type-micro-entity
accounts · AA
2021-11-18
accounts-with-accounts-type-micro-entity
accounts · AA
2021-02-24
confirmation-statement-with-updates
confirmation-statement · CS01
2021-01-18