CHARLES CONNELL & COMPANY (COLQUHALZIE FARMS) LIMITED

💤Zombieactive
SC039690 · ltd · incorporated 1963-12-24
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
Upgrade to see
Turnover
year to Dec 2024
Net worth
book net assets
Opportunity
74/100
Strong
🔔
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What this business does
Primary activity: SIC 01500
Sector: Agriculture, forestry & fishing
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 74/100 (strong), bankability 85/100. 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 (58/100).

🏦

Refinance opportunity

1 live charge · oldest 47.7y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 47.7 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (77/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
11 officers (2 active, 11 linked, 6 with DOB)
81
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
109 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
74/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
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£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Average employees500500

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (34 events)Click to expand
  1. 2025-09-30
    📄
    accounts-with-accounts-type-small
    accounts · AA
  2. 2024-12-19
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2024-12-19
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2024-12-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2024-09-30
    📄
    accounts-with-accounts-type-small
    accounts · AA
  6. 2023-10-19
    📄
    accounts-with-accounts-type-small
    accounts · AA
  7. 2022-07-06
    📄
    accounts-with-accounts-type-small
    accounts · AA
  8. 2021-06-03
    📄
    accounts-with-accounts-type-small
    accounts · AA
  9. 2020-06-08
    📄
    accounts-with-accounts-type-small
    accounts · AA
  10. 2019-08-12
    📄
    accounts-with-accounts-type-small
    accounts · AA
  11. 2018-06-12
    📄
    accounts-with-accounts-type-small
    accounts · AA
  12. 2018-05-01
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2018-04-27
    BREMNER, Alexander resigned
    director
  14. 2017-07-24
    📄
    accounts-with-accounts-type-full
    accounts · AA
  15. 2016-10-07
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  16. 2016-10-07
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  17. 2016-10-01
    PALONI, Maria Giovanna appointed
    secretary
  18. 2016-10-01
    HARTLEY, Alan James resigned
    secretary
  19. 2016-10-01
    📄
    accounts-with-accounts-type-full
    accounts · AA
  20. 2015-11-15
    CONNELL, Charles Raymond resigned
    director
  21. 2014-12-08
    BROWN, Ian Forbes resigned
    secretary
  22. 2014-12-08
    HARTLEY, Alan James appointed
    secretary
  23. 2013-05-01
    CONNELL, Charles Croxton appointed
    director
  24. 2009-03-08
    CONNELL, Tugela Violet Ann resigned
    director
  25. 2005-12-22
    BROWN, Ian Forbes appointed
    secretary
  26. 2005-12-22
    DAVIDSON, Hew Craig resigned
    secretary
  27. 1999-05-31
    DAVIDSON, Hew Craig appointed
    secretary
  28. 1999-05-31
    FARMER, William Alexander resigned
    secretary
  29. 1999-05-31
    FARMER, William Alexander resigned
    director
  30. 1998-04-29
    DRYSDALE, John resigned
    director
  31. 1996-01-15
    🔓
    Charge satisfied #1
  32. 1980-07-01
    CONNELL, Tugela Violet Ann appointed
    director
  33. 1978-08-07
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  34. 1963-12-24
    🏢
    Company incorporated
    As CHARLES CONNELL & COMPANY (COLQUHALZIE FARMS) LIMITED

Owner dependency

90/100
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.
  • +Founder name in company name: Company name contains director surname "CONNELL" — strong identity link between founder and business.

Succession & seller-readiness

68/100
Strong succession signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 13 years.
  • secondaryStable-but-static management: Company is 62 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

Charles Connell & Company (Holdings) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Charles Connell & Company (Holdings) Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
CHARLES CONNELL & COMPANY (COLQUHALZIE FARMS) LIMITED
This company · SC039690

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
Charles Connell & Company (Holdings) Limited
Corporate entity
75100%
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.

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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
Incorporated1963-12-24
Jurisdictionscotland
Primary SIC01500 — SIC 01500

Registered office

Stableyard Office
Colquhalzie
Auchterarder
Perthshire
PH3 1LB
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-07-17
Last: 2025-07-03

Officers (2 active · 9 resigned)

PALONI, Maria Giovanna
secretary · appointed 2016-10-01
View their other companies + combined net worth →
Active
CONNELL, Charles Croxton
director · ~50y · appointed 2013-05-01
View their other companies + combined net worth →
Active
BROWN, Ian Forbes
secretary · appointed 2005-12-22 · resigned 2014-12-08
Resigned
DAVIDSON, Hew Craig
secretary · appointed 1999-05-31 · resigned 2005-12-22
Resigned
FARMER, William Alexander
secretary · resigned 1999-05-31
Resigned
HARTLEY, Alan James
secretary · appointed 2014-12-08 · resigned 2016-10-01
Resigned
BREMNER, Alexander
director · ~84y · resigned 2018-04-27
Resigned
CONNELL, Charles Raymond
director · ~94y · resigned 2015-11-15
Resigned
CONNELL, Tugela Violet Ann
director · ~79y · appointed 1980-07-01 · resigned 2009-03-08
Resigned
DRYSDALE, John
director · ~97y · resigned 1998-04-29
Resigned
FARMER, William Alexander
director · ~86y · resigned 1999-05-31
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property07/08/197815/01/1996

Recent filings (109 total)

accounts-with-accounts-type-small
accounts · AA
2025-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-08
change-person-director-company-with-change-date
officers · CH01
2024-12-19
change-person-director-company-with-change-date
officers · CH01
2024-12-19
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-12-13
accounts-with-accounts-type-small
accounts · AA
2024-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-17
accounts-with-accounts-type-small
accounts · AA
2023-10-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-06
accounts-with-accounts-type-small
accounts · AA
2022-07-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-06
accounts-with-accounts-type-small
accounts · AA
2021-06-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-07-06
accounts-with-accounts-type-small
accounts · AA
2020-06-08