TORNAGRAIN CONSERVATION TRUST

🌳Matureactive
SC519994 · private-limited-guarant-nsc-limited-exemption · incorporated 2015-11-11
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
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
Upgrade to see
Turnover
year to Jun 2025
Net worth
book net assets
Opportunity
78/100
Strong
🔔
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What this business does
Primary activity: SIC 02400
Sector: Agriculture, forestry & fishing
Investor take
Pursue
Active trading company with a 68-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (63/100, director aged 68). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: high (83/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
12 officers (7 active, 12 linked, 11 with DOB)
88
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
13 connected companies via shared directors
84
Filing history
40 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.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Jun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-06-302024-06-30

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
1
filing
  • 1 accounts
Last 180 days
2
filings
  • 1 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (36 events)Click to expand
  1. 2026-03-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2025-08-14
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  3. 2025-08-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2025-06-05
    SELLAR, Fiona Margaret appointed
    director
  5. 2025-06-04
    MOORE, Joseph Allan resigned
    director
  6. 2025-03-07
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2024-02-22
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  8. 2024-02-22
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2024-02-22
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2024-02-22
    📄
    memorandum-articles
    incorporation · MA
  11. 2024-02-20
    📄
    resolution
    resolution · RESOLUTIONS
  12. 2023-07-11
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2023-03-31
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2023-03-21
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2023-03-09
    REID, Morven appointed
    director
  16. 2023-03-08
    BALFOUR, Roderick resigned
    director
  17. 2022-02-02
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  18. 2021-07-23
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2021-07-23
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  20. 2021-07-01
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  21. 2021-06-21
    MACPHERSON, Alison Lynn appointed
    director
  22. 2021-06-21
    ROSE, Lyndsay resigned
    director
  23. 2020-11-19
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  24. 2020-03-11
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  25. 2018-09-12
    ROBERTSON, Patricia Anne, Councillor appointed
    director
  26. 2018-09-12
    MOORE, Joseph Allan appointed
    director
  27. 2018-09-12
    ROSE, Lyndsay appointed
    director
  28. 2018-09-12
    SINCLAIR, Audrey, Dr resigned
    director
  29. 2016-03-10
    HAMILTON, George Warrington resigned
    director
  30. 2016-02-25
    BALFOUR, Roderick appointed
    director
  31. 2016-02-17
    SINCLAIR, Audrey, Dr appointed
    director
  32. 2015-11-11
    🏢
    Company incorporated
    As TORNAGRAIN CONSERVATION TRUST
  33. 2015-11-11
    GILLESPIE MACANDREW SECRETARIES LIMITED appointed
    corporate-secretary
  34. 2015-11-11
    HOWARD, Andrew William appointed
    director
  35. 2015-11-11
    STUART, John Douglas, Earl Of Moray appointed
    director
  36. 2015-11-11
    HAMILTON, George Warrington appointed
    director

Owner dependency

55/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • -6 active directors: Broader management team in place — suggests transferable governance.
  • +Founder age: Director aged approximately 68 — succession pressure is live.

Succession & seller-readiness

55/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
  • 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.)

Group structure

Moray Estates Developments Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Moray Estates Developments Limited
Corporate parent
TORNAGRAIN CONSERVATION TRUST
This company · SC519994

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
Moray Estates Developments Limited
Corporate entity
75–100%75-100% voting12/02/2024
1 historic (ceased) PSC
  • Moray Estates Properties Limitedceased 12/02/2024· 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.

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Company details

Statusactive
Typeprivate-limited-guarant-nsc-limited-exemption
Incorporated2015-11-11
Jurisdictionscotland
Primary SIC02400 — SIC 02400

Registered office

5 Atholl Crescent
Edinburgh
EH3 8EJ
United Kingdom

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-11-24
Last: 2025-11-10

Officers (7 active · 5 resigned)

GILLESPIE MACANDREW SECRETARIES LIMITED
corporate-secretary · appointed 2015-11-11
View their other companies + combined net worth →
Active
HOWARD, Andrew William
director · ~55y · appointed 2015-11-11
View their other companies + combined net worth →
Active
MACPHERSON, Alison Lynn
director · ~52y · appointed 2021-06-21
View their other companies + combined net worth →
Active
REID, Morven
director · ~56y · appointed 2023-03-09
View their other companies + combined net worth →
Active
ROBERTSON, Patricia Anne, Councillor
director · ~68y · appointed 2018-09-12
View their other companies + combined net worth →
Active
SELLAR, Fiona Margaret
director · ~56y · appointed 2025-06-05
View their other companies + combined net worth →
Active
STUART, John Douglas, Earl Of Moray
director · ~60y · appointed 2015-11-11
View their other companies + combined net worth →
Active
BALFOUR, Roderick
director · ~84y · appointed 2016-02-25 · resigned 2023-03-08
Resigned
HAMILTON, George Warrington
director · ~65y · appointed 2015-11-11 · resigned 2016-03-10
Resigned
MOORE, Joseph Allan
director · ~68y · appointed 2018-09-12 · resigned 2025-06-04
Resigned
ROSE, Lyndsay
director · ~46y · appointed 2018-09-12 · resigned 2021-06-21
Resigned
SINCLAIR, Audrey, Dr
director · ~78y · appointed 2016-02-17 · resigned 2018-09-12
Resigned

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

Recent filings (40 total)

accounts-with-accounts-type-dormant
accounts · AA
2026-03-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-17
appoint-person-director-company-with-name-date
officers · AP01
2025-08-14
termination-director-company-with-name-termination-date
officers · TM01
2025-08-13
accounts-with-accounts-type-dormant
accounts · AA
2025-03-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-21
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-02-22
accounts-with-accounts-type-dormant
accounts · AA
2024-02-22
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-02-22
memorandum-articles
incorporation · MA
2024-02-22
resolution
resolution · RESOLUTIONS
2024-02-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-21
appoint-person-director-company-with-name-date
officers · AP01
2023-07-11
accounts-with-accounts-type-dormant
accounts · AA
2023-03-31
termination-director-company-with-name-termination-date
officers · TM01
2023-03-21