BLUESTONE FARMING LTD

🌳Matureactive
SC522991 · ltd · incorporated 2015-12-22
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 10.3y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
80/100
Exceptional
🔔
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 01629
Sector: Agriculture, forestry & fishing
Investor take
Pursue
Strong opportunity: active trading company with exceptional profile and bankable structure.

Opportunity 80/100 (exceptional), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 10.3y

70/100
ready

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

  • · Oldest live charge is 10.3 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
4 officers (4 active, 4 linked, 3 with DOB)
85
Ownership & PSC
3 active PSC(s) of 3 total, 3 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
80/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
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£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31

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

🔒Filing-note intelligence

3 signals detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days
1
filing
  • 1 mortgage
Last 90 days
1
filing
  • 1 mortgage
Last 180 days
2
filings
  • 1 mortgage
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2026-04-23
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  2. 2026-04-23
    🔓
    Charge satisfied #1
  3. 2025-11-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-12-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-09-16
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  6. 2024-05-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-12-08
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  8. 2023-12-05
    🔒
    Charge registered #2
    Lender: Clydesdale Bank PLC (Trading as Virgin Money) (Company Number SC001111)
  9. 2023-04-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2022-05-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-02-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2019-12-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2019-01-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2018-01-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2017-04-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2016-12-19
    📄
    legacy
    miscellaneous · RPCH01
  17. 2016-12-14
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  18. 2016-02-10
    🔒
    Charge registered #1
    Lender: Barclays Bank PLC
  19. 2015-12-22
    🏢
    Company incorporated
    As BLUESTONE FARMING LTD
  20. 2015-12-22
    MILLAR, Charles Edward appointed
    secretary
  21. 2015-12-22
    MILLAR, Charles Edward appointed
    director
  22. 2015-12-22
    MILLAR, Robert Norman appointed
    director
  23. 2015-12-22
    MILLAR, Rosemary appointed
    director

Owner dependency

66/100
High — earn-out structure required

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

FACTORS
  • +Senior director age: Director aged approximately 62 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

45/100
Moderate signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
  • 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

3 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Robert Norman Millar
Individual · British · DOB 05/1964 · age 62
2550%
25–50%25-50% shares · 25-50% voting06/04/2016
Mr Charles Edward Millar
Individual · British · DOB 05/1994 · age 32
2550%
25–50%25-50% shares · 25-50% voting06/04/2016
Mrs Rosemary Millar
Individual · British · DOB 09/1966 · age 60
2550%
25–50%25-50% shares · 25-50% voting06/04/2016

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

Similar companies

Active · Agriculture · TD postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
A & J WEBSTER EGGS LIMITED
10579912 · est 2017 · no financials extracted
9y
A G BROWNLIE TRADING LTD
12044163 · est 2019 · no financials extracted
6y
A.O.BARBER LIMITED
01013398 · est 1971 · no financials extracted
54y
AFS SEED PROCESSING LTD
09624629 · est 2015 · no financials extracted
10y
ALEX DALE LTD
06486668 · est 2008 · no financials extracted
18y
ANDREW ROBINSON (FARMS) LIMITED
01074395 · est 1972 · no financials extracted
53y
BEAL FARM LIMITED
08136569 · est 2012 · no financials extracted
13y
BENNETT AGRONOMY LTD
07461508 · est 2010 · no financials extracted
15y
BOY ENZO FISHING LTD
13430378 · est 2021 · no financials extracted
4y
BURRELL PROPERTY LIMITED
16994935 · est 2026 · no financials extracted
BURTON HALL FARM LTD
02212545 · est 1988 · no financials extracted
38y
C & M SYMONS LTD
SC273115 · est 2004 · no financials extracted
21y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 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
Incorporated2015-12-22
Jurisdictionscotland
Primary SIC01629 — SIC 01629

Registered office

Nethermains Farm
Chirnside
Duns
TD11 3LD
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-01-04
Last: 2025-12-21

Officers (4 active · 0 resigned)

MILLAR, Charles Edward
secretary · appointed 2015-12-22
View their other companies + combined net worth →
Active
MILLAR, Charles Edward
director · ~32y · appointed 2015-12-22
View their other companies + combined net worth →
Active
MILLAR, Robert Norman
director · ~62y · appointed 2015-12-22
View their other companies + combined net worth →
Active
MILLAR, Rosemary
director · ~60y · appointed 2015-12-22
View their other companies + combined net worth →
Active

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Virgin Money
Clydesdale Bank PLC (Trading as Virgin Money) (Company Number SC001111)
A registered charge05/12/2023
satisfied
Barclays
Barclays Bank PLC
A registered charge10/02/201623/04/2026
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (27 total)

mortgage-satisfy-charge-full
mortgage · MR04
2026-04-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-21
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-09-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-18
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-12-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-02-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-22