GOWANBANK FARMS LIMITED
🌳Matureactive
SC060467 · ltd · incorporated 1976-08-03
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 46.2y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: Growing of cereals (except rice), leguminous crops and oil seeds
Sector: Agriculture, forestry & fishing
ALSO REGISTERED FOR
- 02200SIC 02200
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 76/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
10 live charges · 2 lenders · oldest 46.2y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 46.2 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 30/100 — 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, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
10 charges (10/10 with lender, 10/10 with type)
90
Directors & officers
7 officers (2 active, 7 linked, 5 with DOB)
84
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
123 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
82
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Average employees | 200 | 400 |
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
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (39 events)Click to expand
- 2025-10-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-24📄memorandum-articlesincorporation · MA
- 2024-12-24📄resolutionresolution · RESOLUTIONS
- 2024-12-24📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-12-24📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-12-24📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-12-24📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-12-24📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-12-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-29➖HENDERSON, Duncan Bruce resigneddirector
- 2024-10-29➖HENDERSON, Kay Ogilvie resigneddirector
- 2024-08-12📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2024-07-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-07-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-07-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-06-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-07-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-08-30📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2019-08-28➖THORNTONS LAW LLP resignedcorporate-secretary
- 2019-08-28📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2016-07-07🔒Charge registered #10Lender: Hsbc Bank PLC
- 2016-07-06🔒Charge registered #9Lender: Hsbc Bank PLC
- 2016-07-06🔒Charge registered #8Lender: Hsbc Bank PLC
- 2015-11-30🔒Charge registered #6Lender: Hsbc Bank PLC
- 2015-11-24🔒Charge registered #7Lender: Hsbc Bank PLC
- 2015-11-02🔒Charge registered #5Lender: Hsbc Bank PLC
- 2015-10-19🔒Charge registered #4Lender: Hsbc Bank PLC
- 2015-10-19🔒Charge registered #3Lender: Hsbc Bank PLC
- 2015-10-07🔓Charge satisfied #1
- 2015-09-29🔒Charge registered #2Lender: Hsbc Bank PLC
- 2015-07-01➕PATTULLO, Cara Jane appointeddirector
- 2015-07-01➕PATTULLO, Michael John appointeddirector
- 2004-12-01➕THORNTONS LAW LLP appointedcorporate-secretary
- 2004-11-30➖THORNTONS WS resignedcorporate-secretary
- 1994-12-22➖CHRISTIE, Paul resigneddirector
- 1992-10-08➕CHRISTIE, Paul appointeddirector
- 1989-01-03➕THORNTONS WS appointedcorporate-secretary
- 1980-01-31🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 1976-08-03🏢Company incorporatedAs GOWANBANK FARMS LIMITED
Owner dependency
74/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 62 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
61/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondaryStable-but-static management: Company is 50 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 low9 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Cara Jane Pattullo Individual · British · DOB 04/1968 · age 58 | 75–100% | 75–100% | 75-100% shares · 75-100% voting · trust interest | 29/10/2024 |
2 historic (ceased) PSCs
- Duncan Bruce Hendersonceased 29/10/2024· 25-50% shares · 25-50% voting
- Kay Ogilvie Hendersonceased 29/10/2024· 25-50% shares · 25-50% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Agriculture · DD postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| DON AGRI SERVICES LIMITED→ SC311614 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| DRONLEY FARMING LTD→ SC535245 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| DUKESWOOD NURSERY LIMITED→ SC483800 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| EPIGENETICA LIMITED→ SC605559 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| FIMM POTATOES LTD→ SC386777 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| G.B. PATTULLO & SONS LIMITED→ SC029490 · est 1953 · no financials extracted | — | — | — | — | 72y | — | — |
| GLACK ENTERPRISES LIMITED→ SC537525 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| GREENFORD HOLDINGS LIMITED→ SC652312 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| GUILD FARMS LIMITED→ SC717346 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| HARDIE SERVICES LTD→ SC876966 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| HEATHER VALLEY LTD→ SC765691 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| HERDHILL FARMS LIMITED→ SC186157 · est 1998 · no financials extracted | — | — | — | — | 27y | — | — |
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
Incorporated1976-08-03
Jurisdictionscotland
Primary SIC01110 — Growing of cereals (except rice), leguminous crops and oil seeds
Registered office
Westby
64 West High Street
Forfar
DD8 1BJ
Scotland
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-11-28
Last: 2025-11-14
Officers (2 active · 5 resigned)
PATTULLO, Cara Jane→
Activedirector · ~58y · appointed 2015-07-01
View their other companies + combined net worth →
PATTULLO, Michael John→
Activedirector · ~62y · appointed 2015-07-01
View their other companies + combined net worth →
THORNTONS LAW LLP→
Resignedcorporate-secretary · appointed 2004-12-01 · resigned 2019-08-28
THORNTONS WS→
Resignedcorporate-secretary · appointed 1989-01-03 · resigned 2004-11-30
CHRISTIE, Paul→
Resigneddirector · ~65y · appointed 1992-10-08 · resigned 1994-12-22
HENDERSON, Duncan Bruce→
Resigneddirector · ~84y · resigned 2024-10-29
HENDERSON, Kay Ogilvie→
Resigneddirector · ~82y · resigned 2024-10-29
Click a director name to see their full track record across all companies.
Mortgages & charges
10
Total charges
9
Outstanding
1
Active lenders
Status:Lender:10 of 10 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc Bank PLC | A registered charge | — | 07/07/2016 | — | |
| outstanding | HSBC Hsbc Bank PLC | A registered charge | 1 property | 06/07/2016 | — | |
| outstanding | HSBC Hsbc Bank PLC | A registered charge | 1 property | 06/07/2016 | — | |
| outstanding | HSBC Hsbc Bank PLC | A registered charge | 1 property | 30/11/2015 | — | |
| outstanding | HSBC Hsbc Bank PLC | A registered charge | 1 property | 24/11/2015 | — | |
| outstanding | HSBC Hsbc Bank PLC | A registered charge | 1 property | 02/11/2015 | — | |
| outstanding | HSBC Hsbc Bank PLC | A registered charge | 1 property | 19/10/2015 | — | |
| outstanding | HSBC Hsbc Bank PLC | A registered charge | 1 property | 19/10/2015 | — | |
| outstanding | HSBC Hsbc Bank PLC | A registered charge | — | 29/09/2015 | — | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 31/01/1980 | 07/10/2015 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (123 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-28
memorandum-articles
incorporation · MA
2024-12-24
resolution
resolution · RESOLUTIONS
2024-12-24
confirmation-statement-with-updates
confirmation-statement · CS01
2024-12-24
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-12-24
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-12-24
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-12-24
termination-director-company-with-name-termination-date
officers · TM01
2024-12-24
termination-director-company-with-name-termination-date
officers · TM01
2024-12-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-02
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-08-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-31