SALTIRE HIGHLAND FARMS LIMITED
Opportunity 76/100 (strong), bankability 62/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
Refinance opportunity
3 live charges · 3 lenders · oldest 2.4y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Newest facility, 2.4 years old — likely still in initial term.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: high (82/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover 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 | £3.20M | £3.13M |
| Current assets | £568.5k | £425.7k |
| Cash | £457.2k | £393.0k |
| Debtors | £90.3k | £27.5k |
| Net assets | £3.19M | £3.11M |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 accounts
Corporate timeline (18 events)Click to expand
- 2025-12-11📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-03-31📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-08-29📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-08-28🔒Charge registered #3Lender: Renewable Energy Systems Limited (01589961)
- 2024-03-11📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2023-12-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-12-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-11-28📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2023-11-28📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-11-14🔒Charge registered #2Lender: Pat Munro (Contractors) Limited
- 2023-11-14🔒Charge registered #1Lender: C&C Macrae Limited
- 2023-07-25📄memorandum-articlesincorporation · MA
- 2023-07-25📄resolutionresolution · RESOLUTIONS
- 2023-07-25📄capital-allotment-sharescapital · SH01
- 2023-07-25📄capital-allotment-sharescapital · SH01
- 2023-07-03🏢Company incorporatedAs SALTIRE HIGHLAND FARMS LIMITED
- 2023-07-03➕MUNRO, Brian Kenneth appointeddirector
- 2023-07-03📄incorporation-companyincorporation · NEWINC
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Senior director age: Director aged approximately 59 — approaching natural succession window.
- +Young company: Only 2.8 years old — management layer unlikely to be developed.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- 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
cleanGroup structure
Saltire Highland Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Saltire Highland Ltd Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 28/11/2023 |
1 historic (ceased) PSC
- Munro Priesthill Ltdceased 28/11/2023· 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.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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|---|---|---|---|---|---|---|---|
| SKYE SHELLFISH CO LTD→ SC304449 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| SMALLBURN FARMS LIMITED→ SC099667 · est 1986 · no financials extracted | — | — | — | — | 39y | — | — |
| SMIR SCOTLAND LIMITED→ SC553111 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| SMM FISHING LTD→ SC609929 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| SPEY FISHING TRUST LIMITED→ SC047641 · est 1970 · no financials extracted | — | — | — | — | 55y | — | — |
| SPINDRIFT (SKYE) LIMITED→ SC289392 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| SPYNIE FARMERS LIMITED→ SC113051 · est 1988 · no financials extracted | — | — | — | — | 37y | — | — |
| STRATHNAIRN COMMUNITY WOODLANDS→ SC228026 · est 2002 · no financials extracted | — | — | — | — | 24y | — | — |
| SUTHERLAND COMMUNITY SEAWEED CIC→ SC870173 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| TARTAN TIMBER HARVESTING LTD→ SC849444 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| THE KYLESKU CROFTERS TRUST LIMITED→ SC212413 · est 2000 · no financials extracted | — | — | — | — | 25y | — | — |
| THE LINKS HOUSE (OYKEL FISHINGS) LIMITED→ SC518540 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
9 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 →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
Registered office
Filing status
Officers (1 active · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Renewable Energy Systems (01589961) Renewable Energy Systems Limited (01589961) | A registered charge | 1 property | 28/08/2024 | — | |
| outstanding | Pat Munro (Contractors) Pat Munro (Contractors) Limited | A registered charge | 14 properties | 14/11/2023 | — | |
| outstanding | C&C Macrae C&C Macrae Limited | A registered charge | 14 properties | 14/11/2023 | — |