PITREADIE FARM LIMITED

🌳Matureactive
SC510252 · ltd · incorporated 2015-07-07
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 8.1y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: SIC 01500
Sector: Agriculture, forestry & fishing
ALSO REGISTERED FOR
  • 35110SIC 35110
Investor take
Pursue
Active trading company with a 65-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 85/100. Strong seller-intent signal (78/100, director aged 65). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

4 live charges · oldest 8.1y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 8.1 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (59/100)

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
No iXBRL financials extracted
0
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
7 officers (3 active, 7 linked, 5 with DOB)
84
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
52 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
75
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
2
filings
  • • 1 accounts
  • • 1 confirmation-statement
Last 180 days
2
filings
  • • 1 accounts
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (38 events)Click to expand
  1. 2026-03-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-05-14
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  3. 2025-02-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-03-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-06-29
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  6. 2023-06-29
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2023-06-29
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  8. 2023-06-29
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2023-05-31
    ➖
    STROULGER, Ryan Ashley resigned
    secretary
  10. 2023-05-31
    ➖
    STROULGER, Ryan Ashley resigned
    director
  11. 2023-05-15
    ➕
    SMITH, Andrew John appointed
    secretary
  12. 2023-04-07
    ➕
    SMITH, Andrew John appointed
    director
  13. 2023-04-07
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2023-03-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2022-05-04
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  16. 2022-05-04
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  17. 2022-05-04
    🔓
    Charge satisfied #3
  18. 2022-05-04
    🔓
    Charge satisfied #1
  19. 2022-04-20
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  20. 2022-04-20
    🔓
    Charge satisfied #2
  21. 2022-04-13
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  22. 2022-04-13
    🔓
    Charge satisfied #4
  23. 2022-03-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  24. 2021-04-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  25. 2021-02-15
    📄
    capital-allotment-shares
    capital · SH01
  26. 2020-06-18
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  27. 2020-05-26
    🔒
    Charge registered #4
    Lender: Bank of Scotland PLC
  28. 2020-01-20
    ➕
    CROSS, Thomas Patrick appointed
    director
  29. 2020-01-20
    ➕
    STROULGER, Ryan Ashley appointed
    secretary
  30. 2020-01-20
    ➖
    CROSS, Linda resigned
    director
  31. 2020-01-20
    ➖
    SMITH, Kevan Michael resigned
    director
  32. 2020-01-20
    ➕
    STROULGER, Ryan Ashley appointed
    director
  33. 2018-03-30
    🔒
    Charge registered #3
    Lender: Bank of Scotland PLC
  34. 2018-03-12
    🔒
    Charge registered #1
    Lender: Bank of Scotland PLC
  35. 2018-03-07
    🔒
    Charge registered #2
    Lender: Bank of Scotland PLC
  36. 2015-07-07
    🏢
    Company incorporated
    As PITREADIE FARM LIMITED
  37. 2015-07-07
    ➕
    CROSS, Linda appointed
    director
  38. 2015-07-07
    ➕
    SMITH, Kevan Michael appointed
    director

Owner dependency

73/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder age: Director aged approximately 65 — succession pressure is live.

Succession & seller-readiness

56/100
Strong succession signal

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

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.

Red flags

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

The Parkmead Group Plc is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
The Parkmead Group Plc
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
PITREADIE FARM LIMITED
This company · SC510252

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
The Parkmead Group Plc
Corporate entity
75–100%
75–100%board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence · firm interest26/09/2019
1 historic (ceased) PSC
  • Mrs Linda Crossceased 26/09/2019· 75-100% shares · 75-100% voting

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 →

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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
Incorporated2015-07-07
Jurisdictionscotland
Primary SIC01500 — SIC 01500

Registered office

4 Queen's Terrace
Aberdeen
AB10 1XL
Scotland

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2027-03-27
Last: 2026-03-13

Officers (3 active · 4 resigned)

SMITH, Andrew John→
secretary · appointed 2023-05-15
View their other companies + combined net worth →
Active
CROSS, Thomas Patrick→
director · ~65y · appointed 2020-01-20
View their other companies + combined net worth →
Active
SMITH, Andrew John→
director · ~42y · appointed 2023-04-07
View their other companies + combined net worth →
Active
STROULGER, Ryan Ashley→
secretary · appointed 2020-01-20 · resigned 2023-05-31
Resigned
CROSS, Linda→
director · ~60y · appointed 2015-07-07 · resigned 2020-01-20
Resigned
SMITH, Kevan Michael→
director · ~65y · appointed 2015-07-07 · resigned 2020-01-20
Resigned
STROULGER, Ryan Ashley→
director · ~39y · appointed 2020-01-20 · resigned 2023-05-31
Resigned

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

Mortgages & charges

4
Total charges
0
Outstanding
0
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge—26/05/202013/04/2022
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property30/03/201804/05/2022
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property12/03/201804/05/2022
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge—07/03/201820/04/2022

Recent filings (52 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-16
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-05-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-13
appoint-person-secretary-company-with-name-date
officers · AP03
2023-06-29
termination-director-company-with-name-termination-date
officers · TM01
2023-06-29
termination-secretary-company-with-name-termination-date
officers · TM02
2023-06-29
change-person-director-company-with-change-date
officers · CH01
2023-06-29
appoint-person-director-company-with-name-date
officers · AP01
2023-04-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-13
confirmation-statement-with-updates
confirmation-statement · CS01
2022-05-23