CRAIGMILL FARMING COMPANY LIMITED

🌳Matureactive
SC141109 · ltd · incorporated 1992-11-09
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
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
—
book net assets
Opportunity
76/100
Strong
🔔
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What this business does
Primary activity: Growing of cereals (except rice), leguminous crops and oil seeds
Sector: Agriculture, forestry & fishing
ALSO REGISTERED FOR
  • 77390Renting and leasing of other machinery, equipment and tangible goods n.e.c.
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 76/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).

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, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
15 officers (3 active, 15 linked, 7 with DOB)
79
Ownership & PSC
1 active PSC(s) of 5 total, 5 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
117 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
76/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
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 employees00

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 (45 events)Click to expand
  1. 2025-09-30
    📄
    accounts-with-accounts-type-small
    accounts · AA
  2. 2025-04-07
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2024-12-19
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2024-12-19
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2024-12-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2024-09-30
    📄
    accounts-with-accounts-type-small
    accounts · AA
  7. 2023-10-19
    📄
    accounts-with-accounts-type-small
    accounts · AA
  8. 2022-07-06
    📄
    accounts-with-accounts-type-small
    accounts · AA
  9. 2021-07-07
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2021-07-07
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  11. 2021-07-07
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  12. 2021-07-07
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  13. 2021-06-03
    📄
    accounts-with-accounts-type-small
    accounts · AA
  14. 2020-06-08
    📄
    accounts-with-accounts-type-small
    accounts · AA
  15. 2019-08-12
    📄
    accounts-with-accounts-type-small
    accounts · AA
  16. 2019-01-28
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  17. 2019-01-25
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  18. 2019-01-18
    ➕
    CONNELL, Arabella Elizabeth appointed
    director
  19. 2019-01-14
    ➖
    STUBBS, Ian Michael resigned
    director
  20. 2016-10-01
    ➕
    PALONI, Maria Giovanna appointed
    secretary
  21. 2016-10-01
    ➖
    HARTLEY, Alan James resigned
    secretary
  22. 2015-11-15
    ➖
    CONNELL, Charles Raymond resigned
    director
  23. 2014-12-08
    ➖
    BROWN, Ian Forbes resigned
    secretary
  24. 2014-12-08
    ➕
    HARTLEY, Alan James appointed
    secretary
  25. 2009-03-08
    ➖
    CONNELL, Tugela Violet Ann resigned
    director
  26. 2008-09-19
    ➕
    STUBBS, Ian Michael appointed
    director
  27. 2008-05-07
    ➕
    CONNELL, Tugela Violet Ann appointed
    director
  28. 2008-02-03
    ➖
    DRYSDALE, John resigned
    director
  29. 2005-12-22
    ➕
    BROWN, Ian Forbes appointed
    secretary
  30. 2005-12-22
    ➖
    DAVIDSON, Hew Craig resigned
    secretary
  31. 1999-05-31
    ➕
    DAVIDSON, Hew Craig appointed
    secretary
  32. 1999-05-31
    ➖
    FARMER, William Alexander resigned
    secretary
  33. 1998-05-01
    ➕
    CONNELL, Charles Croxton appointed
    director
  34. 1998-04-28
    ➕
    DRYSDALE, John appointed
    director
  35. 1998-04-28
    ➖
    FARMER, William Alexander resigned
    director
  36. 1992-12-09
    ➕
    FARMER, William Alexander appointed
    secretary
  37. 1992-12-09
    ➖
    MACLAY MURRAY & SPENS LLP resigned
    corporate-nominee-secretary
  38. 1992-12-09
    ➕
    CONNELL, Charles Raymond appointed
    director
  39. 1992-12-09
    ➕
    FARMER, William Alexander appointed
    director
  40. 1992-12-09
    ➖
    VINDEX LIMITED resigned
    corporate-nominee-director
  41. 1992-12-09
    ➖
    VINDEX SERVICES LIMITED resigned
    corporate-nominee-director
  42. 1992-11-09
    🏢
    Company incorporated
    As CRAIGMILL FARMING COMPANY LIMITED
  43. 1992-11-09
    ➕
    MACLAY MURRAY & SPENS LLP appointed
    corporate-nominee-secretary
  44. 1992-11-09
    ➕
    VINDEX LIMITED appointed
    corporate-nominee-director
  45. 1992-11-09
    ➕
    VINDEX SERVICES LIMITED appointed
    corporate-nominee-director

Owner dependency

76/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 28 years — deep operational knowledge concentrated in one person.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

66/100
Strong succession signal

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

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 28 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 33 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.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Charles Croxton Connell
Individual · British · DOB 01/1976 · age 50
75–100%
75–100%75-100% shares · 75-100% voting06/04/2016
4 historic (ceased) PSCs
  • Mr Charles Croxton Connell As Executor Of Charles Raymond Connellceased 27/07/2020· 25-50% shares · 25-50% voting
  • Mr Ian Michael Stubbs As Executor Of Charles Raymond Connellceased 27/07/2020· 25-50% shares · 25-50% voting
  • Mr Ian Forbes Brown As Executor Of Charles Raymond Connellceased 27/07/2020· 25-50% shares · 25-50% voting
  • Vindex Trustees Limited As Executor Of Charles Raymond Connellceased 27/07/2020· 25-50% shares · 25-50% voting

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 →

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————49y——
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————2y——
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————2y——
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————17y——
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————9y——
FAIRLIE (BONHARD) LIMITED→
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————29y——
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 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
Incorporated1992-11-09
Jurisdictionscotland
Primary SIC01110 — Growing of cereals (except rice), leguminous crops and oil seeds

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 (3 active · 12 resigned)

PALONI, Maria Giovanna→
secretary · appointed 2016-10-01
View their other companies + combined net worth →
Active
CONNELL, Arabella Elizabeth→
director · ~47y · appointed 2019-01-18
View their other companies + combined net worth →
Active
CONNELL, Charles Croxton→
director · ~50y · appointed 1998-05-01
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 · appointed 1992-12-09 · resigned 1999-05-31
Resigned
HARTLEY, Alan James→
secretary · appointed 2014-12-08 · resigned 2016-10-01
Resigned
MACLAY MURRAY & SPENS LLP→
corporate-nominee-secretary · appointed 1992-11-09 · resigned 1992-12-09
Resigned
CONNELL, Charles Raymond→
director · ~94y · appointed 1992-12-09 · resigned 2015-11-15
Resigned
CONNELL, Tugela Violet Ann→
director · ~79y · appointed 2008-05-07 · resigned 2009-03-08
Resigned
DRYSDALE, John→
director · ~97y · appointed 1998-04-28 · resigned 2008-02-03
Resigned
FARMER, William Alexander→
director · ~86y · appointed 1992-12-09 · resigned 1998-04-28
Resigned
STUBBS, Ian Michael→
director · ~83y · appointed 2008-09-19 · resigned 2019-01-14
Resigned
VINDEX LIMITED→
corporate-nominee-director · appointed 1992-11-09 · resigned 1992-12-09
Resigned
VINDEX SERVICES LIMITED→
corporate-nominee-director · appointed 1992-11-09 · resigned 1992-12-09
Resigned

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

Recent filings (117 total)

accounts-with-accounts-type-small
accounts · AA
2025-09-30
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-10
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-04-07
change-person-director-company-with-change-date
officers · CH01
2024-12-19
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
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-updates
confirmation-statement · CS01
2021-07-07
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-07-07
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-07-07