R & A KINCAID LTD
🌿Early-stageactive
SC724267 · ltd · incorporated 2022-02-24
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 3.3y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£51.1k
book net assets
Opportunity
71/100
Strong
What this business does
Primary activity: SIC 01430
Sector: Agriculture, forestry & fishing
ALSO REGISTERED FOR
- 01500SIC 01500
- 01621SIC 01621
- 02400SIC 02400
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).
🏦
Refinance opportunity
1 live charge · oldest 3.3y
75/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Charge age ~3.3 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, 4 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
12 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
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £51,145
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£51k
↑ 101% YoY
Current Assets
£19k
↓ 67% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £587.0k | £626.4k |
| Current assets | £18.9k | £56.5k |
| Net assets | £51.1k | £25.5k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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 (11 events)Click to expand
- 2025-08-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-07-22📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-09-06📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-11-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-01-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-01-10🔒Charge registered #1Lender: Lloyds Bank PLC
- 2022-10-25📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2022-02-24🏢Company incorporatedAs R & A KINCAID LTD
- 2022-02-24➕KINCAID, Alys appointeddirector
- 2022-02-24➕KINCAID, Richard John appointeddirector
- 2022-02-24📄incorporation-companyincorporation · NEWINC
Owner dependency
81/100
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 "KINCAID" — strong identity link between founder and business.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
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
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Richard John Kincaid Individual · British · DOB 06/1988 · age 38 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 24/02/2022 |
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 · DG postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| LARG FARMING COMPANY LIMITED→ SC247253 · est 2003 | — | — | — | 1 | 23y | 83 | 89y |
| A & J MURCHIE LIMITED→ SC295564 · est 2006 | — | — | — | 900 | 20y | 82 | 60y |
| A H S DRUMMOND (GLENSIDE) LIMITED→ SC324103 · est 2007 | — | — | £660.6k | — | 18y | 82 | 84y |
| A. LOCHHEAD FISHING COMPANY LIMITED→ SC328174 · est 2007 | — | — | £63.6k | — | 18y | 82 | 67y |
| ALLAN SMITH FENCING & FORESTRY LIMITED→ SC287999 · est 2005 | — | — | — | 2 | 20y | 82 | 71y |
| ROGERMOOR FARM LIMITED→ SC130133 · est 1991 · no financials extracted | — | — | — | — | 35y | — | — |
| ROSS (EXPORT) LIMITED→ SC299942 · est 2006 · no financials extracted | — | — | — | — | 20y | — | — |
| SCT RETAIL LTD→ SC776436 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| SLAGNAW FARMING LIMITED→ SC479947 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| SLOCKMILL AND INSHANKS FARMS LIMITED→ SC030327 · est 1954 · no financials extracted | — | — | — | — | 71y | — | — |
| THE DOURIE FARMING COMPANY LIMITED→ SC030418 · est 1954 · no financials extracted | — | — | — | — | 71y | — | — |
| THE FOREST RIDGE PROJECT LTD→ SC694446 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
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
Incorporated2022-02-24
Jurisdictionscotland
Primary SIC01430 — SIC 01430
Registered office
Jenny Mill House
Brydekirk
Annan
DG12 5NQ
Scotland
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-11
Last: 2026-02-25
Officers (2 active · 0 resigned)
KINCAID, Alys→
Activedirector · ~33y · appointed 2022-02-24
View their other companies + combined net worth →
KINCAID, Richard John→
Activedirector · ~38y · appointed 2022-02-24
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 10/01/2023 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (12 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-24
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-07-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-25
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-28
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-27
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-01-11
change-account-reference-date-company-current-extended
accounts · AA01
2022-10-25
incorporation-company
incorporation · NEWINC
2022-02-24