SPENCE FISHING LTD.
🏛️Establishedactive
SC562525 · ltd · incorporated 2017-04-04
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Apr 2025
Net worth
—
book net assets
Opportunity
71/100
Strong
What this business does
Primary activity: SIC 03120
Sector: Agriculture, forestry & fishing
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 71/100 (strong), 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 (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, 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 (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
19 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Average employees | 200 | 200 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
1 signal 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 confirmation-statement
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (13 events)Click to expand
- 2025-08-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-07-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-01-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-09-07📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-09-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-07-06📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-04-24📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-05-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-08-14📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-04-04🏢Company incorporatedAs SPENCE FISHING LTD.
- 2017-04-04➕SPENCE, Carly appointeddirector
- 2017-04-04➕SPENCE, Mark Andrew appointeddirector
- 2017-04-04📄incorporation-companyincorporation · NEWINC
Owner dependency
86/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder name in company name: Company name contains director surname "SPENCE" — strong identity link between founder and business.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 9 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mark Andrew Spence Individual · British · DOB 03/1994 · age 32 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 04/04/2017 |
Carly Spence Individual · British · DOB 02/1990 · age 36 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 04/04/2017 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Agriculture · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| RDW307 LTD→ SC699924 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| S D WEST LIMITED→ SC510850 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| SEANN LIMITED→ SC331316 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| SECUTUS CONSULTANCY LTD→ SC884654 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| SIXTY SEVEN ENTERPRISES LTD→ SC666363 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| SJG FISHING LTD→ SC733378 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| SOYBURN LIMITED→ SC279771 · est 2005 · no financials extracted | — | — | — | — | 21y | — | — |
| SPEYSIDE AGRICULTURE LTD→ SC695496 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| STEPHEN WISEMAN LTD.→ SC317919 · est 2007 · no financials extracted | — | — | — | — | 19y | — | — |
| STRACATHRO ESTATES LIMITED→ SC129179 · est 1991 · no financials extracted | — | — | — | — | 35y | — | — |
| STRATHBOGIE FARMS LTD→ SC505750 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| STRATHDON RANCH LIMITED→ SC644921 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
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
Incorporated2017-04-04
Jurisdictionscotland
Primary SIC03120 — SIC 03120
Registered office
26-30 Marine Place
Buckie
AB56 1UT
Scotland
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-04-17
Last: 2026-04-03
Officers (2 active · 0 resigned)
SPENCE, Carly→
Activedirector · ~36y · appointed 2017-04-04
View their other companies + combined net worth →
SPENCE, Mark Andrew→
Activedirector · ~32y · appointed 2017-04-04
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (19 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-15
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-14
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-15
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-02
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-11
accounts-with-accounts-type-micro-entity
accounts · AA
2021-09-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-22
accounts-with-accounts-type-micro-entity
accounts · AA
2020-07-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-07-06
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-04-24
accounts-with-accounts-type-micro-entity
accounts · AA
2019-05-28