GARROWS FARM LIMITED

🌳Matureactive
SC040441 · ltd · incorporated 1964-05-25
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 22.4y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Nov 2024
Net worth
—
book net assets
Opportunity
79/100
Strong
🔔
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What this business does
Primary activity: SIC 01500
Sector: Agriculture, forestry & fishing
Investor take
Pursue
Active trading company. Family succession underway — not a classic acquisition target.

Opportunity 79/100 (strong), bankability 80/100. Same-surname younger director in place — likely family handover, not open to sale. 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 22.4y

65/100
clean up first

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

  • · Oldest live charge is 22.4 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: 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
7 officers (3 active, 7 linked, 4 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
113 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
70
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£0Nov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-11-282023-11-28
Average employees600600

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 (25 events)Click to expand
  1. 2025-08-27
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  2. 2025-08-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2025-08-12
    ➕
    KEMP-WELCH, Sarah Katherine appointed
    director
  4. 2024-08-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-09-19
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  6. 2023-08-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-08-29
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  8. 2023-08-22
    ➕
    KEMP-WELCH, Sarah Katherine appointed
    secretary
  9. 2023-08-22
    ➖
    KEMP-WELCH, John, Sir resigned
    secretary
  10. 2023-04-27
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2022-08-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2021-08-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2020-08-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2019-08-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2018-08-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2017-08-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2016-08-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  18. 2015-11-25
    📄
    capital-allotment-shares
    capital · SH01
  19. 2013-12-23
    ➖
    KEMP-WELCH, Diana Elisabeth, Lady resigned
    director
  20. 2005-12-27
    ➖
    KEMP-WELCH, Peggy Penelope resigned
    director
  21. 2003-12-16
    🔒
    Charge registered #1
    Lender: Sir John Kemp-Welch
  22. 1997-06-19
    ➕
    KEMP-WELCH, Diana Elisabeth, Lady appointed
    director
  23. 1991-04-30
    ➕
    KEMP-WELCH, John, Sir appointed
    secretary
  24. 1991-04-30
    ➖
    ARTHUR YOUNG CHARTERED ACCOUNTANTS resigned
    corporate-secretary
  25. 1964-05-25
    🏢
    Company incorporated
    As GARROWS FARM LIMITED

Owner dependency

81/100
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.
  • +Founder age: Director aged approximately 90 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

26/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • primaryFamily succession underway: Not a takeover target — KEMP-WELCH, Sarah Katherine (same surname) appointed 2025-08-12. Pattern consistent with intra-family handover.
  • primaryFounder aged 70+: Senior director is approximately 90 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Sir John Kemp-Welch
Individual · British · DOB 03/1936 · age 90
75–100%
—75-100% shares01/07/2016

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
Incorporated1964-05-25
Jurisdictionscotland
Primary SIC01500 — SIC 01500

Registered office

Westby
West High Street
Forfar
DD8 1BJ
Scotland

Filing status

Accounts
Next due: 2026-08-28
Last made up to: 2024-11-28
Confirmation statement
Next due: 2026-09-25
Last: 2025-09-11

Officers (3 active · 4 resigned)

KEMP-WELCH, Sarah Katherine→
secretary · appointed 2023-08-22
View their other companies + combined net worth →
Active
KEMP-WELCH, John, Sir→
director · ~90y
View their other companies + combined net worth →
Active
KEMP-WELCH, Sarah Katherine→
director · ~54y · appointed 2025-08-12
View their other companies + combined net worth →
Active
KEMP-WELCH, John, Sir→
secretary · appointed 1991-04-30 · resigned 2023-08-22
Resigned
ARTHUR YOUNG CHARTERED ACCOUNTANTS→
corporate-secretary · resigned 1991-04-30
Resigned
KEMP-WELCH, Diana Elisabeth, Lady→
director · ~86y · appointed 1997-06-19 · resigned 2013-12-23
Resigned
KEMP-WELCH, Peggy Penelope→
director · ~114y · resigned 2005-12-27
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
Sir John Kemp-Welch
Legal charge1 property16/12/2003—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (113 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-23
appoint-person-director-company-with-name-date
officers · AP01
2025-08-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-19
termination-secretary-company-with-name-termination-date
officers · TM02
2023-09-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-30
appoint-person-secretary-company-with-name-date
officers · AP03
2023-08-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-04-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-08