LIGHTHOUSE FISHING COMPANY LIMITED

🏛️Establishedactive
SC685485 · ltd · incorporated 2021-01-11
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 3.2y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Jan 2025
Net worth
£-511.8k
book net assets
Opportunity
78/100
Strong
🔔
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 03110
Sector: Agriculture, forestry & fishing
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 78/100 (strong), bankability 80/100. 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 (73/100).

🏦

Refinance opportunity

3 live charges · oldest 3.2y

75/100
ready

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

  • · Charge age ~3.2 years — mid-life; refi window approaching.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (80/100)

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 1 with DOB)
80
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
18 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
65
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £511,804

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£512k
↓ 79% YoY
Current Assets
£20k
↓ 65% YoY
Current Liabilities
-£512k-£398k-£284k-£170k-£56k£58kJan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-01-312024-01-31
Total assets£-509.3k£-286.6k
Current assets£20.0k£57.6k
Net assets£-511.8k£-286.6k

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
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2025-10-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-09-26
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  3. 2025-09-26
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  4. 2025-09-10
    🔒
    Charge registered #3
    Lender: The Royal Bank of Scotland PLC
  5. 2025-09-10
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  6. 2025-03-25
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2025-03-25
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  8. 2024-09-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2023-11-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2023-03-10
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  11. 2023-03-10
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  12. 2023-03-10
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  13. 2023-03-09
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  14. 2023-03-02
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  15. 2023-01-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2021-01-11
    🏢
    Company incorporated
    As LIGHTHOUSE FISHING COMPANY LIMITED
  17. 2021-01-11
    BUCHAN, Andrew Hay appointed
    director
  18. 2021-01-11
    CALEY FISHERIES LIMITED appointed
    corporate-director
  19. 2021-01-11
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

86/100
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
  • +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 "LIMITED" — strong identity link between founder and business.
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.
  • +No director turnover: Company is 5 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

46/100
Moderate signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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

2 corporate shareholders identified. Group structure is distributed.

🏛️
Caley Fisheries Limited
Corporate parent · holds 25-50% shares
significant stake
🏛️
Westwinds Investments Limited
Corporate parent · holds 50-75% shares
majority
LIGHTHOUSE FISHING COMPANY LIMITED
This company · SC685485

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Westwinds Investments Limited
Corporate entity
5075%
50-75% shares09/03/2023
Caley Fisheries Limited
Corporate entity
2550%
25-50% shares09/03/2023
1 historic (ceased) PSC
  • Mr Andrew Hay Buchanceased 09/03/2023· 50-75% shares · 50-75% 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 →

Similar companies

Active · Agriculture · AB postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
JWFB LIMITED
SC312553 · est 2006 · no financials extracted
19y
K C R C LIMITED
SC265823 · est 2004 · no financials extracted
22y
KILORAN SHELLFISH LTD
SC672229 · est 2020 · no financials extracted
5y
KINERMONY LIMITED
SC024445 · est 1946 · no financials extracted
79y
KIRDANA LTD.
SC296163 · est 2006 · no financials extracted
20y
M G GALL LTD
SC626199 · est 2019 · no financials extracted
7y
MATTHEW WEST LTD
SC799344 · est 2024 · no financials extracted
2y
MB BOBENA LIMITED
SC282138 · est 2005 · no financials extracted
21y
MB3 ESTATES LIMITED
SC607592 · est 2018 · no financials extracted
7y
MCTAI LTD
SC533413 · est 2016 · no financials extracted
9y
MDC TREE SURGERY LTD
SC699454 · est 2021 · no financials extracted
4y
MDF SERVICES (SCOTLAND) LIMITED
SC732957 · est 2022 · no financials extracted
3y
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
Incorporated2021-01-11
Jurisdictionscotland
Primary SIC03110 — SIC 03110

Registered office

5-8 Bridge Street
Peterhead
AB42 1DH
United Kingdom

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-01-17
Last: 2026-01-03

Officers (2 active · 0 resigned)

BUCHAN, Andrew Hay
director · ~59y · appointed 2021-01-11
View their other companies + combined net worth →
Active
CALEY FISHERIES LIMITED
corporate-director · appointed 2021-01-11
View their other companies + combined net worth →
Active

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

Mortgages & charges

3
Total charges
3
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property10/09/2025
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property10/09/2025
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge02/03/2023
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (18 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-30
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-27
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-09-26
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-09-26
change-person-director-company-with-change-date
officers · CH01
2025-03-25
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-03-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-17
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-03
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-16
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2023-03-10
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2023-03-10
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-03-10
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-03-09