FINDHORN SALMON FISHINGS LIMITED

🌳Matureactive
SC030593 · ltd · incorporated 1955-02-21
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 63.5y old — refinance window within 12 months
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£291.2k
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Property-backed borrower with a 77-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 77). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 63.5y

65/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 63.5 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
8 officers (4 active, 8 linked, 5 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
8 connected companies via shared directors
69
Filing history
106 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
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)
Positive net assets
Net assets £291,194

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£291k
↑ 4.2% YoY
Current Assets
£23k
↑ 172% YoY
Current Liabilities
—
£0£58k£116k£175k£233k£291kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-12-312023-12-31
Total assets£291.2k£279.5k
Current assets£22.6k£8.3k
Net assets£291.2k£279.5k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2025-09-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-06-02
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2025-06-02
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2025-05-30
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2025-05-30
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2025-05-30
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2024-08-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2023-09-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2022-08-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2021-09-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2020-09-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2020-06-18
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  13. 2020-06-18
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  14. 2019-09-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2019-06-03
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2018-09-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2018-06-08
    📄
    change-person-director-company-with-change-date
    officers · CH01
  18. 2008-04-02
    ➕
    LEVEN, Alexander Ian, Lord appointed
    director
  19. 2007-02-14
    ➖
    BALGONIE, David Alexander, Lord resigned
    director
  20. 2004-11-15
    ➕
    BALGONIE, David Alexander, Lord appointed
    director
  21. 2004-11-15
    ➖
    LEVEN & MELVILLE resigned
    corporate-director
  22. 1999-12-16
    ➕
    LAING, Anthony Rupert appointed
    secretary
  23. 1999-12-16
    ➖
    STUART, James W W resigned
    secretary
  24. 1999-12-16
    ➖
    STUART, James W W resigned
    director
  25. 1962-11-28
    🔒
    Charge registered #1
    Lender: The Scottish Salmon and White Fish Company LTD
  26. 1955-02-21
    🏢
    Company incorporated
    As FINDHORN SALMON FISHINGS LIMITED

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
  • +Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 77 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

83/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 77 years old. Natural succession window is now.
  • secondary12+ year tenure: Director in role 18 years.
  • secondaryStable-but-static management: Company is 71 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Alexander William Grant Laing
Individual · British · DOB 03/1982 · age 44
25–50%
—25-50% shares30/09/2019
Lord Alexander Ian Leven
Individual · British · DOB 11/1984 · age 42
25–50%
—25-50% shares06/04/2016

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 →

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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
Incorporated1955-02-21
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

34 Ferryhill
Forres
Moray
IV36 2GY

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-06-05
Last: 2025-05-22

Officers (4 active · 4 resigned)

LAING, Anthony Rupert→
secretary · appointed 1999-12-16
View their other companies + combined net worth →
Active
LAING, Alasdair North Grant→
director · ~77y
View their other companies + combined net worth →
Active
LAING, Anthony Rupert→
director · ~71y
View their other companies + combined net worth →
Active
LEVEN, Alexander Ian, Lord→
director · ~42y · appointed 2008-04-02
View their other companies + combined net worth →
Active
STUART, James W W→
secretary · resigned 1999-12-16
Resigned
BALGONIE, David Alexander, Lord→
director · ~72y · appointed 2004-11-15 · resigned 2007-02-14
Resigned
STUART, James W W→
director · ~93y · resigned 1999-12-16
Resigned
LEVEN & MELVILLE→
corporate-director · resigned 2004-11-15
Resigned

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
TypeProperties
outstanding
The Scottish Salmon and White Fish Company
The Scottish Salmon and White Fish Company LTD
Bond & disposition in security1 property28/11/1962—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (106 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-16
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-06-02
change-person-director-company-with-change-date
officers · CH01
2025-06-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-05-30
change-person-director-company-with-change-date
officers · CH01
2025-05-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-05-30
accounts-with-accounts-type-micro-entity
accounts · AA
2024-08-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-31
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-24
accounts-with-accounts-type-micro-entity
accounts · AA
2022-08-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-02
accounts-with-accounts-type-micro-entity
accounts · AA
2021-09-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-04