HARCUS FISHING COMPANY LIMITED

🌳Matureactive
SC171236 · ltd · incorporated 1996-12-31
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£4.46M
book net assets
Opportunity
79/100
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 03110
Sector: Agriculture, forestry & fishing
Investor take
Pursue
Active trading company with a 76-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 57/100. Strong seller-intent signal (63/100, director aged 76). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

11 live charges · 5 lenders · oldest 28.9y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 28.9 years old — likely at or near maturity.
  • · 5 lenders named — inter-creditor friction likely.
  • · Legal-friction score 40/100 — workable, but lender will want more DD.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
11 charges (11/11 with lender, 11/11 with type)
90
Directors & officers
10 officers (5 active, 10 linked, 6 with DOB)
82
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
126 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
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £4,460,717
Cash YoY
+115%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£6k
↑ 115% YoY
Net Worth
£4.5m
↑ 3.4% YoY
Current Assets
—
Current Liabilities
—
£0£892k£1.8m£2.7m£3.6m£4.5mDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Cash£5.7k£2.7k
Net assets£4.46M£4.31M

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 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
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (51 events)Click to expand
  1. 2025-07-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-05-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-09-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-10-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-12-14
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  6. 2021-12-14
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  7. 2021-11-25
    🔒
    Charge registered #12
    Lender: Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank)
  8. 2021-11-25
    🔒
    Charge registered #11
    Lender: Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank)
  9. 2021-11-23
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  10. 2021-11-12
    🔒
    Charge registered #10
    Lender: Clydesdale Bank PLC
  11. 2021-10-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2021-01-28
    📄
    change-corporate-secretary-company-with-change-date
    officers · CH04
  13. 2020-12-31
    ➕
    MACKINNONS SOLICITORS LLP appointed
    corporate-secretary
  14. 2020-12-31
    ➖
    MACKINNONS resigned
    corporate-secretary
  15. 2020-12-31
    📍
    move-registers-to-sail-company-with-new-address
    address · AD03
  16. 2020-12-31
    📍
    change-sail-address-company-with-new-address
    address · AD02
  17. 2020-12-31
    📄
    appoint-corporate-secretary-company-with-name-date
    officers · AP04
  18. 2020-12-31
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  19. 2020-10-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2020-07-22
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  21. 2020-07-20
    🔒
    Charge registered #9
    Lender: Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank)
  22. 2019-08-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  23. 2018-10-05
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  24. 2018-10-05
    🔓
    Charge satisfied #7
  25. 2018-10-05
    🔓
    Charge satisfied #6
  26. 2018-10-05
    🔓
    Charge satisfied #5
  27. 2018-10-05
    🔓
    Charge satisfied #4
  28. 2018-10-05
    🔓
    Charge satisfied #3
  29. 2018-10-05
    🔓
    Charge satisfied #1
  30. 2017-12-20
    🔓
    Charge satisfied #8
  31. 2012-09-11
    🔒
    Charge registered #8
    Lender: The Don Fishing Company Limited
  32. 2012-06-13
    🔒
    Charge registered #7
    Lender: The Don Fishing Company Limited
  33. 2012-05-15
    🔒
    Charge registered #6
    Lender: Clydesdale Bank PLC
  34. 2006-05-31
    ➖
    GARRETT, Nicholas John resigned
    director
  35. 2005-06-23
    🔒
    Charge registered #5
    Lender: Orkney Islands Council
  36. 2005-02-24
    ➖
    HARCUS, Elizabeth resigned
    secretary
  37. 2005-02-24
    ➕
    MACKINNONS appointed
    corporate-secretary
  38. 2002-07-23
    ➕
    GARRETT, Nicholas John appointed
    director
  39. 2001-08-07
    ➕
    HARCUS, Elizabeth appointed
    director
  40. 1998-12-01
    ➕
    HARCUS, Elizabeth appointed
    secretary
  41. 1998-12-01
    ➖
    MACKINNONS resigned
    corporate-secretary
  42. 1998-10-05
    🔒
    Charge registered #4
    Lender: Orkney Islands Council
  43. 1998-09-21
    🔒
    Charge registered #3
    Lender: Clydesdale Bank Public Limited Company
  44. 1997-05-30
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  45. 1996-12-31
    🏢
    Company incorporated
    As HARCUS FISHING COMPANY LIMITED
  46. 1996-12-31
    ➕
    HARCUS, Paul Thomas appointed
    director
  47. 1996-12-31
    ➕
    HARCUS, Peter appointed
    director
  48. 1996-12-31
    ➕
    HARCUS, Thomas Rousay appointed
    director
  49. 1996-12-31
    ➕
    MACKINNONS appointed
    corporate-secretary
  50. 1996-12-31
    ➕
    JONES, Graham Edward appointed
    director
Showing most recent 50 of 51 events

Owner dependency

88/100
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
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Founder name in company name: Company name contains director surname "HARCUS" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 29 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 76 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

90/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 76 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 29 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 29 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 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.

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Peter Harcus
Individual · British · DOB 06/1973 · age 53
25–50%
—25-50% shares05/05/2017
Mr Thomas Rousay Harcus
Individual · British · DOB 07/1951 · age 75
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016

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 · KW postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
ALBA RENEWABLES LTD→
SC302001 · est 2006 · no financials extracted
————19y——
B RIDLAND LTD→
SC419164 · est 2012 · no financials extracted
————14y——
BRECK FARM LIMITED→
SC282508 · est 2005 · no financials extracted
————21y——
C MACKAY LTD→
SC828234 · est 2024 · no financials extracted
————1y——
FAREWELL FARMS LTD→
SC325263 · est 2007 · no financials extracted
————18y——
FORSIE FARM LTD→
SC246224 · est 2003 · no financials extracted
————23y——
GOW FISHING COMPANY LTD→
SC591252 · est 2018 · no financials extracted
————8y——
HALCYON FISHING LTD→
SC881146 · est 2026 · no financials extracted
———————
HAMLY HILL LIMITED→
SC280580 · est 2005 · no financials extracted
————21y——
HEATHER K LIMITED→
SC227901 · est 2002 · no financials extracted
————24y——
HENDERSONSWORLD LTD→
SC552387 · est 2016 · no financials extracted
————9y——
HEWARD’S REGISTER LIMITED→
SC686888 · est 2021 · no financials extracted
————5y——
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Incorporated1996-12-31
Jurisdictionscotland
Primary SIC03110 — SIC 03110

Registered office

Kinsale
Dalespot
St. Ola
Orkney
KW15 1SX

Filing status

Accounts
Next due: 2026-09-27
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-01-14
Last: 2025-12-31

Officers (5 active · 5 resigned)

MACKINNONS SOLICITORS LLP→
corporate-secretary · appointed 2020-12-31
View their other companies + combined net worth →
Active
HARCUS, Elizabeth→
director · ~76y · appointed 2001-08-07
View their other companies + combined net worth →
Active
HARCUS, Paul Thomas→
director · ~51y · appointed 1996-12-31
View their other companies + combined net worth →
Active
HARCUS, Peter→
director · ~53y · appointed 1996-12-31
View their other companies + combined net worth →
Active
HARCUS, Thomas Rousay→
director · ~75y · appointed 1996-12-31
View their other companies + combined net worth →
Active
HARCUS, Elizabeth→
secretary · appointed 1998-12-01 · resigned 2005-02-24
Resigned
MACKINNONS→
corporate-secretary · appointed 2005-02-24 · resigned 2020-12-31
Resigned
MACKINNONS→
corporate-secretary · appointed 1996-12-31 · resigned 1998-12-01
Resigned
GARRETT, Nicholas John→
director · ~65y · appointed 2002-07-23 · resigned 2006-05-31
Resigned
JONES, Graham Edward→
director · ~61y · appointed 1996-12-31 · resigned 1996-12-31
Resigned

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

Mortgages & charges

11
Total charges
4
Outstanding
1
Active lenders
Status:Lender:11 of 11 shown
TypeProperties
outstanding
Virgin Money
Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank)
A registered charge—25/11/2021—
outstanding
Virgin Money
Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank)
A registered charge6 properties25/11/2021—
outstanding
Virgin Money
Clydesdale Bank PLC
A registered charge1 property12/11/2021—
outstanding
Virgin Money
Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank)
A registered charge—20/07/2020—
satisfied
The Don Fishing Company
The Don Fishing Company Limited
Mortgage of a ship1 property11/09/201220/12/2017
satisfied
The Don Fishing Company
The Don Fishing Company Limited
Deeds of undertakings (incorporating assignation)1 property13/06/201205/10/2018
satisfied
Virgin Money
Clydesdale Bank PLC
Floating charge1 property15/05/201205/10/2018
satisfied
Orkney Islands Council
Ship mortgage1 property23/06/200505/10/2018
satisfied
Orkney Islands Council
Ship mortgage1 property05/10/199805/10/2018
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Ship mortgage1 property21/09/199805/10/2018
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property30/05/199705/10/2018
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (126 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-04
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-12-14
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-12-14
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-11-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-14
change-corporate-secretary-company-with-change-date
officers · CH04
2021-01-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-31