FERGUSON SALMON LIMITED

💤Zombieactive
SC103077 · ltd · incorporated 1987-02-09
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
—
not disclosed
Net worth
—
book net assets
Opportunity
73/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: SIC 03210
Sector: Agriculture, forestry & fishing
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 73/100 (strong), bankability 77/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

4 live charges · 4 lenders · oldest 38.8y

15/100
under pressure

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

  • · Oldest live charge is 38.8 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (56/100)

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
No iXBRL financials extracted
0
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
10 officers (2 active, 10 linked, 4 with DOB)
78
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
138 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
1
filing
  • • 1 accounts
Last 90 days
2
filings
  • • 2 accounts
Last 180 days
3
filings
  • • 2 accounts
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (40 events)Click to expand
  1. 2026-04-01
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  2. 2026-03-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2025-03-24
    📄
    accounts-amended-with-accounts-type-total-exemption-full
    accounts · AAMD
  4. 2025-02-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-12-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-12-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-12-08
    ➕
    DUZINKEWYCZ, Patricia Anne appointed
    secretary
  8. 2022-12-08
    ➖
    THOMPSON, Lorraine resigned
    secretary
  9. 2022-12-08
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  10. 2022-12-08
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  11. 2021-10-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2021-04-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2020-11-26
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2020-01-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2019-12-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  16. 2018-08-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2018-05-04
    📄
    statement-of-companys-objects
    change-of-constitution · CC04
  18. 2018-05-04
    📄
    resolution
    resolution · RESOLUTIONS
  19. 2018-04-20
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  20. 2018-04-04
    ➕
    KAPINOS, Piotr appointed
    director
  21. 2018-04-04
    ➖
    FERGUSON, Marilyn resigned
    secretary
  22. 2018-04-04
    ➕
    THOMPSON, Lorraine appointed
    secretary
  23. 2018-04-04
    ➖
    FERGUSON, Alistair resigned
    director
  24. 2018-03-27
    🔓
    Charge satisfied #2
  25. 2017-12-11
    🔓
    Charge satisfied #3
  26. 2017-11-30
    🔓
    Charge satisfied #4
  27. 2013-11-27
    🔒
    Charge registered #4
    Lender: Bank of Scotland PLC
  28. 2012-10-11
    ➖
    INNES & MACKAY (SECRETARIES) LIMITED resigned
    corporate-secretary
  29. 2012-10-10
    ➕
    FERGUSON, Marilyn appointed
    secretary
  30. 2008-01-28
    ➖
    FERGUSON, Alistair resigned
    secretary
  31. 2008-01-28
    ➕
    INNES & MACKAY (SECRETARIES) LIMITED appointed
    corporate-secretary
  32. 2003-10-10
    ➕
    FERGUSON, Alistair appointed
    secretary
  33. 2003-10-10
    ➖
    FERGUSON, Susan Margaret resigned
    secretary
  34. 1998-06-29
    🔓
    Charge satisfied #1
  35. 1995-04-21
    🔒
    Charge registered #3
    Lender: The Governor and Company of the Bank of Scotland
  36. 1993-03-01
    ➖
    FERGUSON, Susan Margaret resigned
    director
  37. 1990-03-22
    ➖
    CAMPBELL, Neil resigned
    director
  38. 1987-07-15
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  39. 1987-06-26
    🔒
    Charge registered #1
    Lender: Highlands & Islands Development Board
  40. 1987-02-09
    🏢
    Company incorporated
    As FERGUSON SALMON LIMITED

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

55/100
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.
  • secondaryStable-but-static management: Company is 39 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

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

🏛️
Mowi Scotland Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
FERGUSON SALMON LIMITED
This company · SC103077

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
Mowi Scotland Limited
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control04/04/2018
1 historic (ceased) PSC
  • Alistair Fergusonceased 04/04/2018· 75-100% shares

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 →

Similar companies

Active · Agriculture · KY postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
OCHILVIEW MUSHROOMS LTD→
SC839029 · est 2025 · no financials extracted
————1y——
OVER RANKEILOUR ESTATE LIMITED→
SC881116 · est 2026 · no financials extracted
———————
PAWS WITH PIPER LTD→
SC878283 · est 2026 · no financials extracted
———————
PITLOCHIE FARMING COMPANY LIMITED→
SC182796 · est 1998 · no financials extracted
————28y——
PROVAN CONTRACTING LIMITED→
SC881513 · est 2026 · no financials extracted
———————
PTREE SURGERY & GROUNDWORKS LIMITED→
SC816046 · est 2024 · no financials extracted
————1y——
RF FARMING LIMITED→
SC504705 · est 2015 · no financials extracted
————10y——
ROBINSON CRUSOE (ENTITLEMENTS) LIMITED→
SC520332 · est 2015 · no financials extracted
————10y——
ROSSLYN GARDENS LTD→
SC744401 · est 2022 · no financials extracted
————3y——
S M GRAHAM LTD→
SC429554 · est 2012 · no financials extracted
————13y——
SALTYLIP LTD.→
SC754373 · est 2023 · no financials extracted
————3y——
SANDA ISLAND LIMITED→
SC374073 · est 2010 · no financials extracted
————16y——
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
Incorporated1987-02-09
Jurisdictionscotland
Primary SIC03210 — SIC 03210

Registered office

C/O Mowi Scotland Ltd 1st Floor Admiralty Park
Admiralty Road
Rosyth
Fufe
KY11 2YW
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-12-11
Last: 2025-11-27

Officers (2 active · 8 resigned)

DUZINKEWYCZ, Patricia Anne→
secretary · appointed 2022-12-08
View their other companies + combined net worth →
Active
KAPINOS, Piotr→
director · ~48y · appointed 2018-04-04
View their other companies + combined net worth →
Active
FERGUSON, Alistair→
secretary · appointed 2003-10-10 · resigned 2008-01-28
Resigned
FERGUSON, Marilyn→
secretary · appointed 2012-10-10 · resigned 2018-04-04
Resigned
FERGUSON, Susan Margaret→
secretary · resigned 2003-10-10
Resigned
THOMPSON, Lorraine→
secretary · appointed 2018-04-04 · resigned 2022-12-08
Resigned
INNES & MACKAY (SECRETARIES) LIMITED→
corporate-secretary · appointed 2008-01-28 · resigned 2012-10-11
Resigned
CAMPBELL, Neil→
director · ~72y · resigned 1990-03-22
Resigned
FERGUSON, Alistair→
director · ~72y · resigned 2018-04-04
Resigned
FERGUSON, Susan Margaret→
director · ~70y · resigned 1993-03-01
Resigned

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

Mortgages & charges

4
Total charges
0
Outstanding
0
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/11/201330/11/2017
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property21/04/199511/12/2017
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property15/07/198727/03/2018
satisfied
Highlands & Islands Development Board
Instrument of charge1 property26/06/198729/06/1998

Recent filings (138 total)

change-account-reference-date-company-previous-shortened
accounts · AA01
2026-04-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-28
accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2025-03-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-09
appoint-person-secretary-company-with-name-date
officers · AP03
2022-12-08
termination-secretary-company-with-name-termination-date
officers · TM02
2022-12-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-09