THE ISLE OF SKYE BAKING COMPANY LIMITED

🌳Matureactive
SC384970 · ltd · incorporated 2010-09-07
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 Mar 2025
Net worth
£-43.9k
book net assets
Opportunity
75/100
Strong
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What this business does
Primary activity: Manufacture of bread; manufacture of fresh pastry goods and cakes
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

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. Most likely exit: distressed disposal / insolvency (65/100).

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
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
41 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 · accounting standard not declared
Negative net assets
Liabilities exceed assets by £43,944

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
-£44k
↑ 13% YoY
Current Assets
£17k
↓ 27% YoY
Current Liabilities
—
-£50k-£36k-£21k-£6k£9k£24kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£-17.3k£-11.7k
Current assets£17.3k£23.7k
Cash—£100
Debtors£4.1k£9.8k
Net assets£-43.9k£-50.3k

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
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2025-12-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-01-11
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  4. 2024-01-11
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  5. 2024-01-11
    📄
    withdrawal-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC09
  6. 2023-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-03-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2021-03-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2020-12-30
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  11. 2020-12-29
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  12. 2020-10-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2020-10-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2020-06-02
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2020-06-02
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2020-01-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2018-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2018-10-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  19. 2010-09-07
    🏢
    Company incorporated
    As THE ISLE OF SKYE BAKING COMPANY LIMITED
  20. 2010-09-07
    ➕
    HAWTHORNE, Barry Nigel appointed
    director
  21. 2010-09-07
    ➕
    HAWTHORNE, Liza Giselle appointed
    director

Owner dependency

81/100
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.
  • +Long-tenure founder: Senior director has been in place 16 years — deep operational knowledge concentrated in one person.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 16 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

59/100
Strong succession signal

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

SIGNALS
  • 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
NameSharesVoting rightsNature of controlNotified
Mrs Liza Giselle Hawthorne
Individual · British · DOB 02/1971 · age 55
25–50%
25–50%25-50% shares · 25-50% voting11/01/2024
Mr Barry Nigel Hawthorne
Individual · South African · DOB 01/1971 · age 55
25–50%
25–50%25-50% shares · 25-50% voting11/01/2024

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

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——21548y8581y
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——£558.0k—25y8266y
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———20035y8273y
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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
Incorporated2010-09-07
Jurisdictionscotland
Primary SIC10710 — Manufacture of bread; manufacture of fresh pastry goods and cakes

Registered office

Isle Of Skye Baking Company
Dunvegan Road
Portree
IV51 9HF
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-10-31
Last: 2025-10-17

Officers (2 active · 0 resigned)

HAWTHORNE, Barry Nigel→
director · ~55y · appointed 2010-09-07
View their other companies + combined net worth →
Active
HAWTHORNE, Liza Giselle→
director · ~55y · appointed 2010-09-07
View their other companies + combined net worth →
Active

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

Recent filings (41 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-18
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-20
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-21
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-01-11
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-01-11
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2024-01-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-22
confirmation-statement-with-updates
confirmation-statement · CS01
2023-12-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-29
gazette-filings-brought-up-to-date
gazette · DISS40
2020-12-30