INNES FARMS LIMITED

💤Zombieactive

SC438543 · ltd · incorporated 2012-12-10

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.

Why now

Window steady · low confidence

Steady and stalled — no momentum either way. Needs an approach trigger.

What changed my view

Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

—

book net assets

Opportunity

73/100

Strong

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What this business does

Primary activity: Growing of cereals (except rice), leguminous crops and oil seeds

Sector: Agriculture, forestry & fishing

Investor take

Pursue

Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 73/100 (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 (79/100)

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

4 officers (1 active, 4 linked, 3 with DOB)

Ownership & PSC

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

Director network

3 connected companies via shared directors

Filing history

41 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

73/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-03-31	2024-03-31

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (24 events)Click to expand

2025-12-18
📄
accounts-with-accounts-type-dormant
accounts · AA
2024-12-23
📄
accounts-with-accounts-type-dormant
accounts · AA
2024-10-30
📄
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-01-23
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-04
📄
change-person-director-company-with-change-date
officers · CH01
2023-02-04
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-01-03
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-08-24
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-02-18
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-10-01
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-03-16
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-02-12
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2020-02-12
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2019-01-04
📄
accounts-with-accounts-type-dormant
accounts · AA
2018-11-05
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-12-13
📄
gazette-filings-brought-up-to-date
gazette · DISS40
2016-02-23
➖
INNES, Norman resigned
director
2014-04-16
➖
INNES, Helen resigned
secretary
2014-04-10
➖
INNES, Helen resigned
director
2014-04-10
➕
INNES, Norman appointed
director
2012-12-10
🏢
Company incorporated
As INNES FARMS LIMITED
2012-12-10
➕
INNES, Scott Oliver appointed
director
2012-12-10
➕
INNES, Helen appointed
secretary
2012-12-10
➕
INNES, Helen appointed
director

Owner dependency

90/100

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.
+Founder name in company name: Company name contains director surname "INNES" — strong identity link between founder and business.

Succession & seller-readiness

58/100

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 14 years.
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%

Name	Shares	Voting rights	Nature of control	Notified
Mr Scott Oliver Innes Individual · British · DOB 11/1991 · age 35	75–100%	—	75-100% shares	12/02/2020

1 historic (ceased) PSC

Mr Scott Oliver Innesceased 12/02/2020· 75-100% 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

Active · Agriculture · AB postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
EAST COAST VINERS (PEAS AND BEANS) LIMITED→ SC465480 · est 2013	£8.08M £6.21M–£9.94M	£13.37M	—	1800	12y	85	79y
TREETOP FORESTRY LIMITED→ SC292083 · est 2005	£5.00M £3.85M–£6.15M	£12.98M	—	4600	20y	87	72y
ALTNAHARRA ESTATE LIMITED→ SC228455 · est 2002	£634.2k £487.8k–£780.5k	—	—	8	24y	85	71y
CHALLENGE FISHING COMPANY LIMITED→ SC192237 · est 1998	—	—	—	6	27y	83	69y
FORTRIE FARMS LIMITED→ SC158055 · est 1995	—	—	—	10	31y	83	76y
GARDINER ICM LIMITED→ SC197812 · est 1999	—	—	£2.60M	—	26y	83	64y
LORANTHUS FISHING COMPANY LIMITED→ SC312585 · est 2006	—	—	—	0	19y	83	70y
M B AQUARIUS LIMITED→ SC259115 · est 2003	—	—	—	0	22y	83	70y
M.V. QUANTUS LIMITED→ SC150141 · est 1994	—	—	£32.29M	—	32y	83	69y
MEARNS TRACTORS LIMITED→ SC261246 · est 2003	—	—	—	1	22y	83	62y
S.F.F. SERVICES LIMITED→ SC098563 · est 1986 · no financials extracted	—	—	—	—	40y	83	67y
SHANNON FISHING LIMITED→ SC157000 · est 1995	—	—	£24.40M	—	31y	83	79y

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

Incorporated2012-12-10

Jurisdictionscotland

Primary SIC01110 — Growing of cereals (except rice), leguminous crops and oil seeds

Registered office

Cairnhill Office

Cairnhill

Huntly

Aberdeenshire

AB54 4RD

Scotland

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-12-24

Last: 2025-12-10

Officers (1 active · 3 resigned)

INNES, Scott Oliver→

director · ~35y · appointed 2012-12-10

View their other companies + combined net worth →

Active

INNES, Helen→

secretary · appointed 2012-12-10 · resigned 2014-04-16

Resigned

INNES, Helen→

director · ~69y · appointed 2012-12-10 · resigned 2014-04-10

Resigned

INNES, Norman→

director · ~83y · appointed 2014-04-10 · resigned 2016-02-23

Resigned

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

Recent filings (41 total)

confirmation-statement-with-no-updates

confirmation-statement · CS01

2026-01-09

accounts-with-accounts-type-dormant

accounts · AA

2025-12-18

accounts-with-accounts-type-dormant

accounts · AA

2024-12-23

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-12-12

change-account-reference-date-company-previous-shortened

accounts · AA01

2024-10-30

accounts-with-accounts-type-micro-entity

accounts · AA

2024-01-23

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-12-11

change-person-director-company-with-change-date

officers · CH01

2023-02-04

change-to-a-person-with-significant-control

persons-with-significant-control · PSC04

2023-02-04

accounts-with-accounts-type-unaudited-abridged

accounts · AA

2023-01-03

confirmation-statement-with-no-updates

confirmation-statement · CS01

2022-12-10

accounts-with-accounts-type-micro-entity

accounts · AA

2022-08-24

confirmation-statement-with-no-updates

confirmation-statement · CS01

2021-12-13

accounts-with-accounts-type-micro-entity

accounts · AA

2021-02-18

confirmation-statement-with-no-updates

confirmation-statement · CS01

2020-12-23