PATHHEAD PRODUCE LTD

💤Zombieactive
SC456275 · ltd · incorporated 2013-08-08
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Aug 2024
Net worth
£69.6k
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: SIC 01290
Sector: Agriculture, forestry & fishing
Investor take
Pursue
Asset-holding vehicle with a 67-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 67). 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 (73/100).

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 (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
31 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
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
Positive net assets
Net assets £69,631

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£70k
~ YoY
Current Assets
£120k
~ YoY
Current Liabilities
—
£0£24k£48k£72k£96k£120kAug 2023Aug 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-08-312023-08-31
Total assets£69.6k£69.6k
Current assets£120.0k£120.0k
Net assets£69.6k£69.6k

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

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
  • • 1 persons-with-significant-control
  • • 1 officers
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2025-11-28
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2025-11-28
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-08-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-08-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-08-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-04-05
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  7. 2022-08-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-05-28
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2021-05-04
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2020-07-22
    📄
    resolution
    resolution · RESOLUTIONS
  11. 2020-05-20
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2019-05-14
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2018-05-25
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2017-05-31
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2016-05-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  16. 2015-02-14
    ➖
    BRUCE, Joyce Margaret resigned
    director
  17. 2013-08-08
    🏢
    Company incorporated
    As PATHHEAD PRODUCE LTD
  18. 2013-08-08
    ➕
    BRUCE, Alastair George appointed
    director
  19. 2013-08-08
    ➕
    BRUCE, Joyce Margaret 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 age: Director aged approximately 67 — succession pressure is live.

Succession & seller-readiness

78/100
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 67. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 13 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%
NameSharesVoting rightsNature of controlNotified
Mr Alastair George Bruce
Individual · British · DOB 09/1959 · age 67
75–100%
75–100%board control75-100% shares · 75-100% voting · board control07/08/2016

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

Similar companies

Active · Agriculture · DD postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
PEACEHILL FARMING LIMITED→
SC144826 · est 1993
£3.65M
£2.81M–£4.50M
£13.06M—570032y8476y
ANGUS GROWERS LIMITED→
SC234071 · est 2002
———150023y8380y
COOKSTON FARMS→
SC036246 · est 1961 · no financials extracted
————65y8373y
CRAIGOWL FARMS LTD.→
SC327648 · est 2007
———250018y8362y
CRUIVIE AND BRIGHOUSE LIMITED→
SC055296 · est 1974
———40052y8389y
ETHIEBARNS FARMING COMPANY→
SC052695 · est 1973
———110053y8371y
R. & W. WHITTON LIMITED→
SC027167 · est 1949
———20076y8371y
SOILESSENTIALS LIMITED→
SC203822 · est 2000
——£1.16M—26y8365y
A. C. BROWN (FARMS) LIMITED→
SC030970 · est 1955
———070y8281y
STRATHMORE POTATOES LIMITED→
SC288865 · est 2005 · no financials extracted
————20y——
THE SHADY DEER VILLAGE LTD→
SC676986 · est 2020 · no financials extracted
————5y——
TIMBER TREE SURGERY LTD→
SC728412 · est 2022 · no financials extracted
————4y——
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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 →
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Company details

Statusactive
Typeltd
Incorporated2013-08-08
Jurisdictionscotland
Primary SIC01290 — SIC 01290

Registered office

Castlecroft Business Centre
Tom Johnston Road
Dundee
DD4 8XD

Filing status

Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-08-22
Last: 2025-08-08

Officers (1 active · 1 resigned)

BRUCE, Alastair George→
director · ~67y · appointed 2013-08-08
View their other companies + combined net worth →
Active
BRUCE, Joyce Margaret→
director · ~70y · appointed 2013-08-08 · resigned 2015-02-14
Resigned

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

Recent filings (31 total)

change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-11-28
change-person-director-company-with-change-date
officers · CH01
2025-11-28
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-12
accounts-with-accounts-type-micro-entity
accounts · AA
2024-08-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-20
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-29
certificate-change-of-name-company
change-of-name · CERTNM
2023-04-05
accounts-with-accounts-type-micro-entity
accounts · AA
2022-08-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-16
accounts-with-accounts-type-dormant
accounts · AA
2021-05-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-05-04
confirmation-statement-with-updates
confirmation-statement · CS01
2020-08-11