DERE STREET LTD

🌳Matureactive
SC034523 · ltd · incorporated 1959-11-05
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 43.4y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to May 2025
Net worth
—
book net assets
Opportunity
82/100
Exceptional
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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: active trading company with exceptional profile and bankable structure.

Opportunity 82/100 (exceptional), bankability 75/100. Strong seller-intent signal (80/100, director aged 58). 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

3 live charges · 2 lenders · oldest 43.4y

50/100
clean up first

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

  • · Oldest live charge is 43.4 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (79/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
10 officers (3 active, 10 linked, 7 with DOB)
84
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
106 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
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.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0May 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-05-282024-05-28
Average employees00

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals 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 accounts
Last 180 days
2
filings
  • • 1 accounts
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
  1. 2026-01-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-02-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-02-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-11-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-08-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-01-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2020-01-13
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  8. 2019-10-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2018-10-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2017-12-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2016-11-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2016-02-10
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2016-01-22
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2015-12-10
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  15. 2015-12-10
    🔓
    Charge satisfied #2
  16. 2015-05-13
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  17. 2010-06-28
    🔒
    Charge registered #3
    Lender: Royal Bank of Scotland PLC
  18. 2010-02-15
    🔒
    Charge registered #2
    Lender: Royal Bank of Scotland PLC
  19. 2007-06-26
    ➕
    BORTHWICK, John Andrew appointed
    director
  20. 2007-06-26
    ➖
    ARMSTRONG, Laura Jayne resigned
    director
  21. 2007-06-26
    ➖
    GRAHAM, Joan Elizabeth resigned
    director
  22. 2004-04-19
    ➕
    ARMSTRONG, Laura Jayne appointed
    director
  23. 2004-04-19
    ➕
    GRAHAM, Joan Elizabeth appointed
    director
  24. 2000-03-31
    ➕
    BORTHWICK, John Andrew appointed
    secretary
  25. 2000-03-20
    ➖
    GRAHAM, Alexander Stevens resigned
    secretary
  26. 2000-03-20
    ➖
    GRAHAM, Alexander Stevens resigned
    director
  27. 1997-09-08
    ➖
    GRAHAM, Janet Evelyn resigned
    director
  28. 1997-03-05
    ➕
    BORTHWICK, Nicola Douglas appointed
    director
  29. 1990-06-22
    ➖
    GRAHAM, John Stevens resigned
    director
  30. 1990-06-22
    ➖
    GRAHAM, Mary Smith Fleming resigned
    director
  31. 1987-04-15
    🔓
    Charge satisfied #1
  32. 1982-12-13
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  33. 1959-11-05
    🏢
    Company incorporated
    As DERE STREET LTD

Owner dependency

84/100
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 29 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

76/100
Likely off-market candidate

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 29 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 66 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.)

Group structure

Queenstonbank Farm Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Queenstonbank Farm Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
DERE STREET LTD
This company · SC034523

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%
NameSharesVoting rightsNature of controlNotified
Queenstonbank Farm Limited
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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

6 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
Incorporated1959-11-05
Jurisdictionscotland
Primary SIC01110 — Growing of cereals (except rice), leguminous crops and oil seeds

Registered office

Queenstonbank
Dirleton
North Berwick
East Lothian
EH39 5AG

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-28
Confirmation statement
Next due: 2026-11-27
Last: 2025-11-13

Officers (3 active · 7 resigned)

BORTHWICK, John Andrew→
secretary · appointed 2000-03-31
View their other companies + combined net worth →
Active
BORTHWICK, John Andrew→
director · ~58y · appointed 2007-06-26
View their other companies + combined net worth →
Active
BORTHWICK, Nicola Douglas→
director · ~57y · appointed 1997-03-05
View their other companies + combined net worth →
Active
GRAHAM, Alexander Stevens→
secretary · resigned 2000-03-20
Resigned
ARMSTRONG, Laura Jayne→
director · ~58y · appointed 2004-04-19 · resigned 2007-06-26
Resigned
GRAHAM, Alexander Stevens→
director · ~89y · resigned 2000-03-20
Resigned
GRAHAM, Janet Evelyn→
director · ~88y · resigned 1997-09-08
Resigned
GRAHAM, Joan Elizabeth→
director · ~62y · appointed 2004-04-19 · resigned 2007-06-26
Resigned
GRAHAM, John Stevens→
director · resigned 1990-06-22
Resigned
GRAHAM, Mary Smith Fleming→
director · ~103y · resigned 1990-06-22
Resigned

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

Mortgages & charges

3
Total charges
1
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Lloyds Banking Group
Royal Bank of Scotland PLC
Standard security1 property28/06/2010—
satisfied
Lloyds Banking Group
Royal Bank of Scotland PLC
Floating charge1 property15/02/201010/12/2015
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property13/12/198215/04/1987
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (106 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-01-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-01-13
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2020-01-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-10-03