SALTIRE HIGHLAND LTD

💤Zombieactive
SC755716 · ltd · incorporated 2023-01-17
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.
🔒Estimated value
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Turnover
year to Mar 2025
Net worth
£2.96M
book net assets
Opportunity
75/100
Strong
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What this business does
Primary activity: Growing of cereals (except rice), leguminous crops and oil seeds
Sector: Agriculture, forestry & fishing
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.

Opportunity 75/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. 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: high (81/100)

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
Confirmed no charges registered
85
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
11 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £2,964,460
Net assets shrinking
Down £1,440 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£3.0m
~ YoY
Current Assets
Current Liabilities
£0£593k£1.2m£1.8m£2.4m£3.0mMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£2.96M£2.97M
Debtors£100£100
Net assets£2.96M£2.97M

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
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (10 events)Click to expand
  1. 2025-12-03
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2025-03-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2024-12-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2024-10-11
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  5. 2024-03-11
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  6. 2023-11-13
    📄
    capital-allotment-shares
    capital · SH01
  7. 2023-11-10
    📄
    capital-allotment-shares
    capital · SH01
  8. 2023-01-17
    🏢
    Company incorporated
    As SALTIRE HIGHLAND LTD
  9. 2023-01-17
    MUNRO, Brian Kenneth appointed
    director
  10. 2023-01-17
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

83/100
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.
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.

Succession & seller-readiness

55/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
  • 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 Brian Kenneth Munro
Individual · British · DOB 07/1967 · age 59
75100%
75–100%board control75-100% shares · 75-100% voting · board control17/01/2023

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 · IV postcode area
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ASSYNT CROFTERS TRUST LIMITED
SC140205 · est 1992
333y8388y
BLUE MOTION FISHING CO. LIMITED
SC357414 · est 2009
£762.9k17y8362y
BURGIE LODGE FARMS LIMITED
SC031556 · est 1956
£1.67M69y8373y
CAWDOR FORESTRY LIMITED
SC218848 · est 2001
£468.9k24y8364y
DINGWALL & HIGHLAND MARTS LIMITED
SC154876 · est 1994
3931y8381y
EASTER ROSS FARMERS LIMITED
SC060125 · est 1976
10049y8395y
GLENROSSAL LIMITED
SC351176 · est 2008
£2.77M17y8388y
KINGSBURGH FOREST TRUST
SC227429 · est 2002 · no financials extracted
24y8375y
MJM (FARMERS) LIMITED
SC288996 · est 2005
£1.80M20y8371y
STRATHNAIRN COMMUNITY WOODLANDS
SC228026 · est 2002 · no financials extracted
24y8371y
ACHLAIN ESTATES LIMITED
SC138631 · est 1992
20033y8267y
BRAHAN FARMS LIMITED
SC048495 · est 1971
40055y8284y
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.

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Company details

Statusactive
Typeltd
Incorporated2023-01-17
Jurisdictionscotland
Primary SIC01110 — Growing of cereals (except rice), leguminous crops and oil seeds

Registered office

Caplich House
Old Milnafua Road
Alness
IV17 0TW
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-01-30
Last: 2026-01-16

Officers (1 active · 0 resigned)

MUNRO, Brian Kenneth
director · ~59y · appointed 2023-01-17
View their other companies + combined net worth →
Active

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

Recent filings (11 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-19
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-12-03
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-16
accounts-with-accounts-type-dormant
accounts · AA
2024-12-23
change-account-reference-date-company-current-shortened
accounts · AA01
2024-10-11
change-account-reference-date-company-current-extended
accounts · AA01
2024-03-11
confirmation-statement-with-updates
confirmation-statement · CS01
2024-02-09
capital-allotment-shares
capital · SH01
2023-11-13
capital-allotment-shares
capital · SH01
2023-11-10
incorporation-company
incorporation · NEWINC
2023-01-17