QUEST FARM SUPPLIES LIMITED

🌳Matureactive
SC362924 · ltd · incorporated 2009-07-22
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 16.7y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jul 2025
Net worth
£2.06M
book net assets
Opportunity
83/100
Exceptional
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What this business does
Primary activity: Other retail sale not in stores, stalls or markets
Sector: Wholesale & retail
Investor take
Pursue
Active trading company. Family succession underway — not a classic acquisition target.

Opportunity 83/100 (exceptional), bankability 75/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 16.7y

70/100
ready

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

  • · Oldest live charge is 16.7 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (73/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
4 officers (4 active, 4 linked, 4 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
46 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
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
85
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £2,059,685

Key financials

1 year extracted from filed iXBRL accounts
Cash
£1.1m
Net Worth
£2.1m
Current Assets
£3.4m
Current Liabilities
—

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-07-31
Total assets£2.08M
Current assets£3.42M
Cash£1.10M
Debtors£2.30M
Net assets£2.06M

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
7
filings
  • • 3 persons-with-significant-control
  • • 2 officers
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2025-12-17
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2025-11-24
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  3. 2025-11-24
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2025-11-21
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  5. 2025-11-20
    ➕
    DUNCAN, Christopher James appointed
    director
  6. 2025-11-20
    ➕
    DUNCAN, Michael Robbie appointed
    director
  7. 2025-11-20
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  8. 2025-11-20
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  9. 2025-11-20
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2025-11-20
    🔒
    Charge registered #2
    Lender: Robert Charles Duncan and Karen Duncan
  11. 2025-02-20
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  12. 2024-01-24
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  13. 2022-11-10
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  14. 2021-11-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  15. 2020-11-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  16. 2019-10-26
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  17. 2018-11-28
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  18. 2018-06-22
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  19. 2018-06-22
    🔓
    Charge satisfied #1
  20. 2017-12-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2010-10-27
    ➕
    DUNCAN, Karen appointed
    director
  22. 2009-09-15
    🔒
    Charge registered #1
    Lender: Rbs Invoice Finance Limited
  23. 2009-07-22
    🏢
    Company incorporated
    As QUEST FARM SUPPLIES LIMITED
  24. 2009-07-22
    ➕
    DUNCAN, Robert Charles appointed
    director

Owner dependency

66/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Quest Farm Supplies Holding Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Quest Farm Supplies Holding Limited
Corporate parent · holds 75-100% shares
ultimate parent
⬇
QUEST FARM SUPPLIES LIMITED
This company · SC362924

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Quest Farm Supplies Holding Limited
Corporate entity
75–100%
—75-100% shares20/11/2025
2 historic (ceased) PSCs
  • Mrs Karen Duncanceased 20/11/2025· 25-50% shares
  • Mr Robert Charles Duncanceased 20/11/2025· 25-50% shares

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

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J & W CARPETS LIMITED→
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£258.4k
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——6716y8348y
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——£46.6k—16y8380y
MC STORES LIMITED→
SC387053 · est 2010
——£678.2k—15y8374y
A.L. PAINT AND SUPPLIES LIMITED→
SC173153 · est 1997
——£973.9k—29y8274y
AGRI-INPUT DIRECT LIMITED→
SC207700 · est 2000
——£315.0k—25y8259y
AM SERVICE STATIONS LIMITED→
SC211245 · est 2000
———1325y8259y
ANDREW HUGHES CHEMISTS LIMITED→
SC205281 · est 2000
————26y8263y
BDC FUELS LIMITED→
SC229389 · est 2002
———210024y8267y
C MCCALLUM LIMITED→
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———3322y8263y
D-I-Y AYRSHIRE LIMITED→
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——£430.5k—19y8261y
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 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
Incorporated2009-07-22
Jurisdictionscotland
Primary SIC47990 — Other retail sale not in stores, stalls or markets

Registered office

37 Portland Road
Kilmarnock
Ayrshire
KA1 2DJ

Filing status

Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-08-04
Last: 2025-07-21

Officers (4 active · 0 resigned)

DUNCAN, Christopher James→
director · ~32y · appointed 2025-11-20
View their other companies + combined net worth →
Active
DUNCAN, Karen→
director · ~59y · appointed 2010-10-27
View their other companies + combined net worth →
Active
DUNCAN, Michael Robbie→
director · ~33y · appointed 2025-11-20
View their other companies + combined net worth →
Active
DUNCAN, Robert Charles→
director · ~59y · appointed 2009-07-22
View their other companies + combined net worth →
Active

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Robert Charles Duncan and Karen Duncan
A registered charge—20/11/2025—
satisfied
NatWest Group
Rbs Invoice Finance Limited
Floating charge1 property15/09/200922/06/2018
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (46 total)

accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-12-17
appoint-person-director-company-with-name-date
officers · AP01
2025-11-24
appoint-person-director-company-with-name-date
officers · AP01
2025-11-24
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-11-21
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-11-20
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-11-20
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-11-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-22
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-02-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-22
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-01-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-21
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-11-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-22
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-11-30