STRONABA PRODUCE LTD
🌿Early-stageactive
SC699140 · ltd · incorporated 2021-05-18
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2025
Net worth
£-9.2k
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: SIC 01130
Sector: Agriculture, forestry & fishing
ALSO REGISTERED FOR
- 01190SIC 01190
- 10710Manufacture of bread; manufacture of fresh pastry goods and cakes
- 47190Other retail sale in non-specialised stores
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 76/100 (strong), bankability 70/100. 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).
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, 4 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
10 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
60
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Negative net assets
Liabilities exceed assets by £9,249
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£9k
↑ 24% YoY
Current Assets
£5k
↓ 12% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Total assets | £-9.2k | £-12.1k |
| Current assets | £5.3k | £6.1k |
| Net assets | £-9.2k | £-12.1k |
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 accounts
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (9 events)Click to expand
- 2026-03-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-03-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-02-14📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-01-02📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2023-02-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-05-18🏢Company incorporatedAs STRONABA PRODUCE LTD
- 2021-05-18➕MACMASTER, Alasdair appointeddirector
- 2021-05-18➕MACMASTER, Elizabeth Claire appointeddirector
- 2021-05-18📄incorporation-companyincorporation · NEWINC
Owner dependency
74/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
46/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
- 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 |
|---|---|---|---|---|
Alasdair Macmaster Individual · British · DOB 06/1965 · age 61 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 18/05/2021 |
Elizabeth Claire Macmaster Individual · British · DOB 09/1966 · age 60 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 18/05/2021 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Agriculture · PH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ROBERT MORRIS & SON LIMITED→ SC013361 · est 1924 · no financials extracted | — | — | — | — | 101y | — | — |
| SS ARB TREE SOLUTIONS LIMITED→ SC500256 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| STRATHMORE POTATO GROWERS LIMITED→ SC352060 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| SUNART SEA FARM LIMITED→ SC207184 · est 2000 · no financials extracted | — | — | — | — | 25y | — | — |
| TAYBANK GROWERS COOPERATIVE→ SC560056 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| TC LABOUR LTD→ SC666435 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| THE LAWHILL FARMING COMPANY LIMITED→ SC163914 · est 1996 · no financials extracted | — | — | — | — | 30y | — | — |
| THE SHETLAND PONY STUD-BOOK SOCIETY→ SC135563 · est 1991 · no financials extracted | — | — | — | — | 34y | — | — |
| THE TREE LAB (PERTHSHIRE) LTD→ SC801448 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| THE WEE DAIRY LIMITED→ SC763954 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| THE WILD FACTOR LTD→ SC742275 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| THOMAS A. SANDS LIMITED→ SC241624 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
7 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
Incorporated2021-05-18
Jurisdictionscotland
Primary SIC01130 — SIC 01130
Registered office
Gairich
Stronaba
Spean Bridge
PH34 4DX
United Kingdom
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-05-31
Last: 2025-05-17
Officers (2 active · 0 resigned)
MACMASTER, Alasdair→
Activedirector · ~61y · appointed 2021-05-18
View their other companies + combined net worth →
MACMASTER, Elizabeth Claire→
Activedirector · ~60y · appointed 2021-05-18
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (10 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-24
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-24
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-22
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-14
change-account-reference-date-company-previous-extended
accounts · AA01
2024-01-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-24
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-24
incorporation-company
incorporation · NEWINC
2021-05-18