STRATHBOGIE FARMS LTD

💤Zombieactive
SC505750 · ltd · incorporated 2015-05-13
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 May 2024
Net worth
£11.4k
book net assets
Opportunity
74/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: SIC 01450
Sector: Agriculture, forestry & fishing
ALSO REGISTERED FOR
  • 01500SIC 01500
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 74/100 (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 (78/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 2 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 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
27 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
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
Positive net assets
Net assets £11,428
Net assets shrinking
Down £6,222 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£11k
↓ 35% YoY
Current Assets
£32k
↓ 42% YoY
Current Liabilities
£0£11k£22k£33k£44k£55kMay 2023May 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-05-312023-05-31
Total assets£16.2k£26.8k
Current assets£32.4k£55.5k
Net assets£11.4k£17.6k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2025-02-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-05-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-03-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2024-03-02
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2024-03-02
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  6. 2023-12-31
    COCKBURN, Bruce resigned
    director
  7. 2023-05-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2022-05-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2021-05-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2020-02-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2019-02-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2018-04-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2017-05-10
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2017-04-22
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  15. 2017-04-18
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  16. 2016-08-20
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  17. 2016-08-19
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2015-05-13
    🏢
    Company incorporated
    As STRATHBOGIE FARMS LTD
  19. 2015-05-13
    COCKBURN, Neil appointed
    director
  20. 2015-05-13
    COCKBURN, Bruce appointed
    director

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

50/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • 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
NameSharesVoting rightsNature of controlNotified
Mr Neil Cockburn
Individual · British · DOB 03/1994 · age 32
5075%
50–75%50-75% shares · 50-75% voting14/05/2016
1 historic (ceased) PSC
  • Mr Bruce Cockburnceased 31/12/2023· 25-50% shares · 25-50% voting

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

Similar companies

Active · Agriculture · AB postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
EAST COAST VINERS (PEAS AND BEANS) LIMITED
SC465480 · est 2013
£8.08M
£6.21M£9.94M
£13.37M180012y8579y
TREETOP FORESTRY LIMITED
SC292083 · est 2005
£5.00M
£3.85M£6.15M
£12.98M460020y8772y
ALTNAHARRA ESTATE LIMITED
SC228455 · est 2002
£634.2k
£487.8k£780.5k
824y8571y
CHALLENGE FISHING COMPANY LIMITED
SC192237 · est 1998
627y8369y
FORTRIE FARMS LIMITED
SC158055 · est 1995
1030y8376y
GARDINER ICM LIMITED
SC197812 · est 1999
£2.60M26y8364y
LORANTHUS FISHING COMPANY LIMITED
SC312585 · est 2006
019y8370y
M B AQUARIUS LIMITED
SC259115 · est 2003
022y8370y
M.V. QUANTUS LIMITED
SC150141 · est 1994
£32.29M32y8369y
MEARNS TRACTORS LIMITED
SC261246 · est 2003
122y8362y
S.F.F. SERVICES LIMITED
SC098563 · est 1986 · no financials extracted
39y8367y
SHANNON FISHING LIMITED
SC157000 · est 1995
£24.40M31y8379y
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
Incorporated2015-05-13
Jurisdictionscotland
Primary SIC01450 — SIC 01450

Registered office

Farm Office Wester Bogieside
Rhynie
Huntly
Aberdeenshire
AB54 4ND
Scotland

Filing status

Accounts
Next due: 2026-05-31
Last made up to: 2024-05-31
Confirmation statement
Next due: 2026-05-27
Last: 2025-05-13

Officers (1 active · 1 resigned)

COCKBURN, Neil
director · ~32y · appointed 2015-05-13
View their other companies + combined net worth →
Active
COCKBURN, Bruce
director · ~36y · appointed 2015-05-13 · resigned 2023-12-31
Resigned

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

Recent filings (27 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-18
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-28
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-31
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-03-02
termination-director-company-with-name-termination-date
officers · TM01
2024-03-02
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-03-02
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-05-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-02-28