FARM & HOUSEHOLD STORES (INVERNESS) LIMITED

🌳Matureactive
SC033283 · ltd · incorporated 1958-08-14
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
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 49.6y 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 Jan 2025
Net worth
£3.27M
book net assets
Opportunity
79/100
Strong
🔔
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What this business does
Primary activity: Other service activities n.e.c.
Sector: Other service activities
Investor take
Pursue
Active trading company with a 91-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 80/100. Strong seller-intent signal (83/100, director aged 91). 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

2 live charges · oldest 49.6y

65/100
clean up first

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

  • · Oldest live charge is 49.6 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 33/100 — workable, but lender will want more DD.

Data confidence

Overall: high (80/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
9 officers (3 active, 9 linked, 8 with DOB)
88
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
115 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £3,273,585
Net assets shrinking
Down £201,561 YoY
Cash YoY
+27%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£228k
↑ 27% YoY
Net Worth
£3.3m
↓ 5.8% YoY
Current Assets
£498k
↑ 15% YoY
Current Liabilities
—
£0£695k£1.4m£2.1m£2.8m£3.5mJan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-01-312024-01-31
Total assets£3.37M£3.57M
Current assets£497.5k£433.0k
Cash£227.8k£179.9k
Debtors£11.3k£11.6k
Net assets£3.27M£3.48M

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 confirmation-statement
Last 180 days
5
filings
  • • 3 persons-with-significant-control
  • • 1 confirmation-statement
  • • 1 officers
Counts from Companies House filing history.
Corporate timeline (35 events)Click to expand
  1. 2026-03-11
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  2. 2026-03-09
    ➖
    JACK, Fiona Mary resigned
    director
  3. 2026-03-09
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  4. 2026-03-09
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2026-03-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2025-12-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2025-12-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2025-12-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2025-12-02
    ➖
    JACK, Andrew William resigned
    director
  10. 2025-12-02
    ➖
    JACK, Neil Simon resigned
    director
  11. 2025-12-02
    ➖
    JACK, Stuart Angus resigned
    director
  12. 2025-07-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2024-11-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2023-10-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2023-01-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2022-06-22
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  17. 2022-06-22
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2022-06-22
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2022-06-22
    📄
    change-person-director-company-with-change-date
    officers · CH01
  20. 2022-05-30
    ➕
    JACK, Andrew William appointed
    director
  21. 2022-05-30
    ➕
    JACK, Neil Simon appointed
    director
  22. 2022-05-30
    ➕
    JACK, Stuart Angus appointed
    director
  23. 2021-08-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  24. 2020-10-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  25. 2019-07-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  26. 2019-04-12
    🔓
    Charge satisfied #1
  27. 2014-08-28
    ➖
    JACK, Neil Simon resigned
    director
  28. 2014-08-28
    ➖
    JACK, Stuart Angus resigned
    director
  29. 2011-10-24
    ➕
    JACK, Neil Simon appointed
    director
  30. 2011-10-24
    ➕
    JACK, Stuart Angus appointed
    director
  31. 2002-04-06
    ➕
    MACKAY, Sarah Marion appointed
    director
  32. 1997-10-01
    ➕
    JACK, Fiona Mary appointed
    director
  33. 1978-09-29
    🔒
    Charge registered #2
    Lender: Clydesdale Bank Public Limited Company
  34. 1976-11-24
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  35. 1958-08-14
    🏢
    Company incorporated
    As FARM & HOUSEHOLD STORES (INVERNESS) 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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 91 — succession pressure is live.

Succession & seller-readiness

96/100
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 91 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 68 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

1 med ·
4 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: JACK, Andrew William resigned 2025-12-02; JACK, Fiona Mary resigned 2026-03-09; JACK, Neil Simon resigned 2025-12-02

Group structure

The Jack 2014 Family Trust is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
The Jack 2014 Family Trust
Corporate parent · holds 75-100% shares
ultimate parent
⬇
FARM & HOUSEHOLD STORES (INVERNESS) LIMITED
This company · SC033283

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
The Jack 2014 Family Trust
Corporate entity
75–100%
75–100%75-100% shares · 75-100% voting09/03/2026
Mr Simon William Jack
Individual · British · DOB 04/1935 · age 91
——sig. influencesignificant influence06/04/2016
1 historic (ceased) PSC
  • Mrs Fiona Mary Jackceased 09/03/2026· 25-50% shares · 25-50% voting

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
Incorporated1958-08-14
Jurisdictionscotland
Primary SIC96090 — Other service activities n.e.c.

Registered office

Metropolitan House
31-33 High Street
Inverness
IV1 1HT

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-04-22
Last: 2026-04-08

Officers (3 active · 6 resigned)

JACK, Fiona Mary→
secretary
View their other companies + combined net worth →
Active
JACK, Simon William→
director · ~91y
View their other companies + combined net worth →
Active
MACKAY, Sarah Marion→
director · ~55y · appointed 2002-04-06
View their other companies + combined net worth →
Active
JACK, Andrew William→
director · ~50y · appointed 2022-05-30 · resigned 2025-12-02
Resigned
JACK, Fiona Mary→
director · ~83y · appointed 1997-10-01 · resigned 2026-03-09
Resigned
JACK, Neil Simon→
director · ~53y · appointed 2022-05-30 · resigned 2025-12-02
Resigned
JACK, Neil Simon→
director · ~53y · appointed 2011-10-24 · resigned 2014-08-28
Resigned
JACK, Stuart Angus→
director · ~56y · appointed 2022-05-30 · resigned 2025-12-02
Resigned
JACK, Stuart Angus→
director · ~56y · appointed 2011-10-24 · resigned 2014-08-28
Resigned

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property29/09/1978—
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property24/11/197612/04/2019
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (115 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-08
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2026-03-11
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-03-09
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-03-09
termination-director-company-with-name-termination-date
officers · TM01
2026-03-09
termination-director-company-with-name-termination-date
officers · TM01
2025-12-04
termination-director-company-with-name-termination-date
officers · TM01
2025-12-04
termination-director-company-with-name-termination-date
officers · TM01
2025-12-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-06
confirmation-statement-with-updates
confirmation-statement · CS01
2023-06-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-26