ST. BARR FISHING LTD
Opportunity 60/100 (worth a look), bankability 50/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100). Current lenders should be on monthly review.
Refinance opportunity
2 live charges · oldest 8.0y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 8.0 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-03-31 | 2023-03-31 |
|---|---|---|
| Total assets | £236.7k | — |
| Current assets | £43.9k | — |
| Cash | £6.4k | — |
| Debtors | £37.6k | — |
| Net assets | £-11.8k | — |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
2 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
Corporate timeline (27 events)Click to expand
- 2025-05-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-02-25📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-02-17📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-12-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-02-07📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-12-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-02-10📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-03-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-02-12📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-02-12📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2020-01-31➖MACLEOD, Mary Catherine resigneddirector
- 2019-11-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-07-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-06-25🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 2018-08-08📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2018-05-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2018-04-30🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2018-04-27📄appoint-person-director-company-with-name-dateofficers · AP01
- 2018-04-20➕MACLEOD, Michael Brendan appointeddirector
- 2018-03-13📄termination-director-company-with-name-termination-dateofficers · TM01
- 2018-02-21🏢Company incorporatedAs ST. BARR FISHING LTD
- 2018-02-21➕MACLEOD, Angus Archie appointeddirector
- 2018-02-21➕MACLEOD, Mary Catherine appointeddirector
- 2018-02-21➕MACLEOD, Michael Brendan appointeddirector
- 2018-02-21➖MACLEOD, Michael Brendan resigneddirector
- 2018-02-21📄incorporation-companyincorporation · NEWINC
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
2 high ·Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2026-03-31
Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2026-02-24
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Angus Archie Macleod Individual · British · DOB 09/1968 · age 58 | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 21/02/2018 |
Mr Michael Brendan Macleod Individual · British · DOB 04/2000 · age 26 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/02/2022 |
1 historic (ceased) PSC
- Mrs Mary Catherine Macleodceased 31/01/2020· 25-50% shares · 25-50% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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9 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 →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
Registered office
Filing status
Officers (2 active · 2 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 25/06/2019 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | — | 30/04/2018 | — |