HOME BAKERY (BUCKIE) LIMITED
🌳Matureactive
SC104797 · ltd · incorporated 1987-05-22
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 38.7y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2025
Net worth
—
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: Manufacture of bread; manufacture of fresh pastry goods and cakes
Sector: Manufacturing
Investor take
PursueActive trading company with a 75-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (93/100, director aged 75). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
2 live charges · oldest 38.7y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 38.7 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
6 officers (3 active, 6 linked, 3 with DOB)
80
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
110 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 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 | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Average employees | 2600 | 2600 |
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
1
filing
- • 1 accounts
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 (26 events)Click to expand
- 2026-03-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-03-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-02-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-03-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-02-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-03-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-01-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-03-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-02-21📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2019-02-21📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2019-02-21📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2019-02-20➕JOHNSTON, Kim Louise appointedsecretary
- 2019-02-20➖ANTONS resignedcorporate-secretary
- 2018-03-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-03-17📄capital-cancellation-sharescapital · SH06
- 2017-03-17📄capital-return-purchase-own-sharescapital · SH03
- 2017-03-08📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2007-12-03🔓Charge satisfied #2
- 2004-03-13🔓Charge satisfied #1
- 1994-01-31➖IMLACH, John Alexander resigneddirector
- 1992-06-05➕JOHNSTON, James appointeddirector
- 1992-06-05➖JOHNSTON, Kathleen Alison resignedsecretary
- 1992-06-05➕ANTONS appointedcorporate-secretary
- 1987-10-14🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 1987-08-11🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 1987-05-22🏢Company incorporatedAs HOME BAKERY (BUCKIE) LIMITED
Owner dependency
91/100
Critical — business is the founderThe 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 34 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 75 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
96/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 75 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 34 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 39 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Kathleen Alison Johnston Individual · United Kingdom · DOB 02/1951 · age 75 | 25–50% | — | 25-50% shares | 06/04/2016 |
Mrs Christine Anne Cook Individual · United Kingdom · DOB 03/1954 · age 72 | 25–50% | — | 25-50% shares | 06/04/2016 |
1 historic (ceased) PSC
- Mr James Johnstonceased 20/02/2019· significant influence
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 · Food & drink · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| GLEN GRANT LIMITED→ SC292101 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| GLENRINNES DISTILLERY LIMITED→ SC543737 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| GLOBAL TRADE CONCEPT LTD→ SC482474 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| GUTSY FOOD GROUP LIMITED→ SC833834 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| HAAR COFFEE LIMITED→ SC836666 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| HIGHLAND PRIDE FOODS LIMITED→ SC049509 · est 1971 · no financials extracted | — | — | — | — | 54y | — | — |
| INGRAM'S FARM LTD→ SC262000 · est 2004 · no financials extracted | — | — | — | — | 22y | — | — |
| J CHARLES SEAFOODS LIMITED→ SC711040 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| JOM LTD→ SC790067 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| JOSEPH ROBERTSON (READY MEALS) LIMITED→ SC663229 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| KARRO FOOD LIMITED→ SC220000 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| KINDNESS BAKERS LIMITED→ SC103492 · est 1987 · no financials extracted | — | — | — | — | 39y | — | — |
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
Incorporated1987-05-22
Jurisdictionscotland
Primary SIC10710 — Manufacture of bread; manufacture of fresh pastry goods and cakes
Registered office
Home Bakery
Well Road
Buckie
AB56 1LJ
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2027-01-14
Last: 2025-12-31
Officers (3 active · 3 resigned)
JOHNSTON, Kim Louise→
Activesecretary · appointed 2019-02-20
View their other companies + combined net worth →
JOHNSTON, James→
Activedirector · ~75y · appointed 1992-06-05
View their other companies + combined net worth →
Active
JOHNSTON, Kathleen Alison→
Resignedsecretary · resigned 1992-06-05
ANTONS→
Resignedcorporate-secretary · appointed 1992-06-05 · resigned 2019-02-20
IMLACH, John Alexander→
Resigneddirector · ~70y · resigned 1994-01-31
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 14/10/1987 | 03/12/2007 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 11/08/1987 | 13/03/2004 |
Recent filings (110 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-01-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-01-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-03-20