SHEARER HORSESHOEING LIMITED

🌳Matureactive

SC382280 · ltd · incorporated 2010-07-21

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 Nov 2024

Net worth

£-2.5k

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: SIC 01629

Sector: Agriculture, forestry & fishing

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 65). 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

Lenders & charges

Confirmed no charges registered

Directors & officers

5 officers (3 active, 5 linked, 3 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

Network not yet resolved

Filing history

41 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102

Negative net assets

Liabilities exceed assets by £2,527

Cash YoY

+6%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£7k

↑ 6.2% YoY

Net Worth

-£3k

↑ 50% YoY

Current Assets

£7k

↑ 6.2% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2024-11-30	2023-11-30
Total assets	£12.2k	£-2.9k
Current assets	£7.0k	£6.5k
Cash	£7.0k	£6.5k
Net assets	£-2.5k	£-5.0k

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

filings

Last 90 days

filings

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (23 events)Click to expand

2025-11-26
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-31
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-01
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-31
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-08-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-05-28
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2018-08-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-09-05
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-09-05
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-08-28
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-08-20
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-09-01
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-08-15
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-07-21
🏢
Company incorporated
As SHEARER HORSESHOEING LIMITED
2010-07-21
➕
SHEARER, Joyce Stewart appointed
secretary
2010-07-21
➕
SHEARER, David Archibald appointed
director
2010-07-21
➕
SHEARER, Joyce Stewart appointed
director
2010-07-21
➕
BRIAN REID LTD. appointed
corporate-secretary
2010-07-21
➖
BRIAN REID LTD. resigned
corporate-secretary
2010-07-21
➕
MABBOTT, Stephen George appointed
director
2010-07-21
➖
MABBOTT, Stephen George resigned
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 "SHEARER" — strong identity link between founder and business.
+Long-tenure founder: Senior director has been in place 16 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 65 — 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 65. 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 16 years.
secondaryStable-but-static management: Company is 16 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

Name	Shares	Voting rights	Nature of control	Notified
Mr David Archibald Shearer Individual · British · DOB 04/1961 · age 65	25–50%	—	25-50% shares	06/04/2016
Ms Joyce Stewart Shearer Individual · British · DOB 10/1963 · age 63	25–50%	—	25-50% shares	06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Agriculture · PA postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
MFV DAWN MAID LIMITED→ SC382336 · est 2010	£292.3k £224.8k–£359.7k	£478.9k	—	300	15y	94	73y
MEIKLE CLOAK LIMITED→ SC146230 · est 1993	—	—	£105.7k	—	32y	83	93y
MFV EMERALD DAWN LTD→ SC309052 · est 2006	—	—	—	400	19y	83	67y
OUR POWER (CAIRNDOW) COMMUNITY INTEREST COMPANY→ SC331067 · est 2007 · no financials extracted	—	—	—	—	18y	83	84y
ROSSFORD LIMITED→ SC155011 · est 1994	—	—	£2.65M	—	31y	83	73y
AITKEN SHELLFISH LIMITED→ SC360377 · est 2009	—	—	£521.7k	—	16y	82	58y
CELTIC SEA LIMITED→ SC129691 · est 1991	—	—	£4.18M	—	35y	82	68y
CUMBRAE OYSTERS LIMITED→ SC157761 · est 1995	—	—	£538.1k	—	30y	82	60y
DRUMAGLEA LIMITED→ SC294680 · est 2005	—	—	—	0	20y	82	73y
SLIGRACHAN FARM LIMITED→ SC858744 · est 2025 · no financials extracted	—	—	—	—	—	—	—
STEWART SHELLFISH LTD→ SC787680 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
THE BARK INN LANGBANK LTD→ SC818184 · est 2024 · no financials extracted	—	—	—	—	1y	—	—

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

Incorporated2010-07-21

Jurisdictionscotland

Primary SIC01629 — SIC 01629

Registered office

21 Forbes Place

Paisley

PA1 1UT

Scotland

Filing status

Accounts

Next due: 2026-08-31

Last made up to: 2024-11-30

Confirmation statement

Next due: 2026-08-04

Last: 2025-07-21

Officers (3 active · 2 resigned)

SHEARER, Joyce Stewart→

secretary · appointed 2010-07-21

View their other companies + combined net worth →

Active

SHEARER, David Archibald→

director · ~65y · appointed 2010-07-21

View their other companies + combined net worth →

Active

SHEARER, Joyce Stewart→

director · ~63y · appointed 2010-07-21

View their other companies + combined net worth →

Active

BRIAN REID LTD.→

corporate-secretary · appointed 2010-07-21 · resigned 2010-07-21

Resigned

MABBOTT, Stephen George→

director · ~76y · appointed 2010-07-21 · resigned 2010-07-21

Resigned

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