BALGORNIE FARM LIMITED

💤Zombieactive
SC678276 · ltd · incorporated 2020-10-20
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
year to Oct 2024
Net worth
book net assets
Opportunity
76/100
Strong
🔔
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What this business does
Primary activity: Management consultancy activities other than financial management
Sector: Professional, scientific & technical
Investor take
Pursue
Active trading company with a 80-year-old founder — textbook succession opportunity.

Opportunity 76/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 80). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

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 (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 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
76/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
65
Adequate — check latest filings for context.
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£0Oct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-10-312023-10-31
Average employees00

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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2025-10-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2024-11-29
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2023-10-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  4. 2023-01-10
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  5. 2023-01-03
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  6. 2022-10-20
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  7. 2022-09-23
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  8. 2022-09-13
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  9. 2020-11-26
    SIMPSON, James Crosbie appointed
    director
  10. 2020-11-26
    TUFF, Hannah Louise resigned
    director
  11. 2020-11-26
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2020-11-26
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  13. 2020-11-26
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  14. 2020-11-26
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2020-11-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2020-10-20
    🏢
    Company incorporated
    As BALGORNIE FARM LIMITED
  17. 2020-10-20
    TUFF, Hannah Louise appointed
    director
  18. 2020-10-20
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

90/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Founder age: Director aged approximately 80 — succession pressure is live.

Succession & seller-readiness

75/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 80 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr James Crosbie Simpson
Individual · Scottish · DOB 03/1946 · age 80
75100%
75-100% shares26/11/2020
1 historic (ceased) PSC
  • Miss Hannah Louise Tuffceased 26/11/2020· 75-100% shares · 75-100% voting · board control

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

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Incorporated2020-10-20
Jurisdictionscotland
Primary SIC70229 — Management consultancy activities other than financial management

Registered office

Balgornie Farm Balgornie Farm
Whitburn
Bathgate
West Lothian
EH48 3BA
Scotland

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-11-02
Last: 2025-10-19

Officers (1 active · 1 resigned)

SIMPSON, James Crosbie
director · ~80y · appointed 2020-11-26
View their other companies + combined net worth →
Active
TUFF, Hannah Louise
director · ~33y · appointed 2020-10-20 · resigned 2020-11-26
Resigned

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
2025-11-17
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-10-31
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-11-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-17
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-10-31
gazette-filings-brought-up-to-date
gazette · DISS40
2023-01-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-09
gazette-notice-compulsory
gazette · GAZ1
2023-01-03
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-10-20
gazette-filings-brought-up-to-date
gazette · DISS40
2022-09-23
gazette-notice-compulsory
gazette · GAZ1
2022-09-13
confirmation-statement-with-updates
confirmation-statement · CS01
2021-11-02
termination-director-company-with-name-termination-date
officers · TM01
2020-11-26
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2020-11-26