FRASERBURGH TRAWLERS LIMITED

🌳Matureactive

SC194949 · ltd · incorporated 1999-04-06

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

£445.1k

book net assets

Opportunity

79/100

Strong

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What this business does

Primary activity: SIC 03110

Sector: Agriculture, forestry & fishing

Investor take

Pursue

Active trading company with a 73-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 65/100. Strong seller-intent signal (63/100, director aged 73). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -83% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

9 live charges · 2 lenders · oldest 26.5y

30/100

under pressure

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

· Oldest live charge is 26.5 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: high (84/100)

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

Lenders & charges

9 charges (9/9 with lender, 9/9 with type)

Directors & officers

15 officers (3 active, 15 linked, 12 with DOB)

Ownership & PSC

1 active PSC(s) of 2 total, 2 with control declared

Director network

16 connected companies via shared directors

Filing history

126 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

79/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

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 £445,050

Net assets shrinking

Down £95,267 YoY

Cash draining

Cash down 83% YoY

Cash YoY

-83%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£13k

↓ 83% YoY

Net Worth

£445k

↓ 18% YoY

Current Assets

£321k

↓ 24% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2024-12-31	2023-12-31
Total assets	£499.5k	£656.2k
Current assets	£320.6k	£422.8k
Cash	£13.0k	£77.9k
Debtors	£242.3k	£238.9k
Net assets	£445.1k	£540.3k

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

filings

Last 90 days

filings

Last 180 days

filings

• 2 gazette
• 1 accounts
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (59 events)Click to expand

2025-12-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-18
📄
gazette-filings-brought-up-to-date
gazette · DISS40
2025-11-11
📄
gazette-notice-compulsory
gazette · GAZ1
2025-07-17
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-19
📄
gazette-filings-brought-up-to-date
gazette · DISS40
2025-04-08
📄
gazette-notice-compulsory
gazette · GAZ1
2025-02-21
📄
change-person-director-company-with-change-date
officers · CH01
2025-02-18
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-05-22
📄
gazette-filings-brought-up-to-date
gazette · DISS40
2024-05-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-11
📄
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2024-03-12
📄
gazette-notice-compulsory
gazette · GAZ1
2023-10-30
📄
change-person-director-company-with-change-date
officers · CH01
2023-10-27
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-10-06
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-10-06
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-09-28
➖
MUTCH, Lynn resigned
director
2023-05-29
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-05-29
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-05-18
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-05-17
➕
MUTCH, Lynn appointed
director
2023-05-09
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2023-05-01
➖
MUTCH, Alan Alfred resigned
secretary
2022-12-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-08-27
➖
BEATON, Euan resigned
director
2016-01-19
🔒
Charge registered #9
Lender: The Royal Bank of Scotland PLC
2015-07-27
➖
INKSTER, Simon resigned
director
2015-07-27
➖
TAIT, Ryan James resigned
director
2011-12-16
➕
INKSTER, Robert appointed
director
2011-12-16
➕
WEST, George appointed
director
2011-12-16
➕
BEATON, Euan appointed
director
2011-12-16
➖
BRUCE, Ian resigned
director
2011-12-16
➕
INKSTER, Simon appointed
director
2011-12-16
➕
TAIT, Ryan James appointed
director
2004-10-08
➖
HEPBURN, Andrew resigned
director
2004-10-08
➖
WATT, Philip David resigned
director
2004-10-08
➖
WEST, Peter resigned
director
2002-06-05
🔒
Charge registered #8
Lender: The Governor and Company of the Bank of Scotland
2002-06-05
🔒
Charge registered #7
Lender: The Governor and Company of the Bank of Scotland
2002-02-19
🔒
Charge registered #6
Lender: The Governor and Company of the Bank of Scotland
2002-01-18
🔓
Charge satisfied #4
2001-11-06
🔒
Charge registered #5
Lender: The Governor and Company of the Bank of Scotland
2001-10-29
🔒
Charge registered #4
Lender: The Royal Bank of Scotland PLC
2001-10-16
🔒
Charge registered #3
Lender: The Governor and Company of the Bank of Scotland
2001-10-16
🔒
Charge registered #2
Lender: The Governor and Company of the Bank of Scotland
2001-01-04
➖
MUTCH, Alan Alfred resigned
director
2000-09-11
➕
TAIT, Brian appointed
director
2000-09-11
➕
BRUCE, Ian appointed
director
2000-02-25
➕
MUTCH, Alan Alfred appointed
director
2000-02-25
➕
WEST, Peter appointed
director

Showing most recent 50 of 59 events

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

+Long-tenure founder: Senior director has been in place 26 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 73 — succession pressure is live.

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 73 years old. Natural succession window is now.
primary20+ year tenure: Director in role 26 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 27 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 low

8 live charges

low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Shareholders & ownership

1 active beneficial owner

Name	Shares	Voting rights	Nature of control	Notified
Mr Brian Tait Individual · Scottish · DOB 04/1959 · age 67	—	—	sig. influencesignificant influence	29/05/2023

1 historic (ceased) PSC

Mr Alan Alfred Mutchceased 23/03/2023· 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 · Agriculture · AB postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
RDW307 LTD→ SC699924 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
S D WEST LIMITED→ SC510850 · est 2015 · no financials extracted	—	—	—	—	10y	—	—
SEANN LIMITED→ SC331316 · est 2007 · no financials extracted	—	—	—	—	18y	—	—
SECUTUS CONSULTANCY LTD→ SC884654 · est 2026 · no financials extracted	—	—	—	—	—	—	—
SIXTY SEVEN ENTERPRISES LTD→ SC666363 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
SJG FISHING LTD→ SC733378 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
SOYBURN LIMITED→ SC279771 · est 2005 · no financials extracted	—	—	—	—	21y	—	—
STRATHBOGIE FARMS LTD→ SC505750 · est 2015 · no financials extracted	—	—	—	—	10y	—	—
SUMMERS SHELLFISH LTD→ SC444456 · est 2013 · no financials extracted	—	—	—	—	13y	—	—
SUSIAN LIMITED→ SC300060 · est 2006 · no financials extracted	—	—	—	—	20y	—	—
SUTHERLAND & CO (OLD CRAIG) LTD→ SC400504 · est 2011 · no financials extracted	—	—	—	—	14y	—	—
SYBARITE AVIATION & EQUINE SERVICES LIMITED→ SC488308 · est 2014 · no financials extracted	—	—	—	—	11y	—	—

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

Incorporated1999-04-06

Jurisdictionscotland

Primary SIC03110 — SIC 03110

Registered office

27 Finlayson Street

Fraserburgh

Aberdeenshire

AB43 9JQ

Scotland

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2026-09-02

Last: 2025-08-19

Officers (3 active · 12 resigned)

INKSTER, Robert→

director · ~73y · appointed 2011-12-16

View their other companies + combined net worth →

Active

TAIT, Brian→

director · ~67y · appointed 2000-09-11

View their other companies + combined net worth →

Active

WEST, George→

director · ~55y · appointed 2011-12-16

View their other companies + combined net worth →

Active

MUTCH, Alan Alfred→

secretary · appointed 1999-04-26 · resigned 2023-05-01

Resigned

BRIAN REID LTD.→

corporate-nominee-secretary · appointed 1999-04-06 · resigned 1999-04-26

Resigned

BEATON, Euan→

director · ~55y · appointed 2011-12-16 · resigned 2020-08-27

Resigned

BRUCE, Ian→

director · ~66y · appointed 2000-09-11 · resigned 2011-12-16

Resigned

HEPBURN, Andrew→

director · ~57y · appointed 1999-04-26 · resigned 2004-10-08

Resigned

INKSTER, Simon→

director · ~46y · appointed 2011-12-16 · resigned 2015-07-27

Resigned

MUTCH, Alan Alfred→

director · ~73y · appointed 2000-02-25 · resigned 2001-01-04

Resigned

MUTCH, Lynn→

director · ~53y · appointed 2023-05-17 · resigned 2023-09-28

Resigned

TAIT, Ryan James→

director · ~42y · appointed 2011-12-16 · resigned 2015-07-27

Resigned

WATT, Philip David→

director · ~63y · appointed 1999-04-26 · resigned 2004-10-08

Resigned

WEST, Peter→

director · ~64y · appointed 2000-02-25 · resigned 2004-10-08

Resigned

STEPHEN MABBOTT LTD.→

corporate-nominee-director · appointed 1999-04-06 · resigned 1999-04-26

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:9 of 9 shown

		Type	Properties
outstanding	Lloyds Banking Group The Royal Bank of Scotland PLC	A registered charge	—	19/01/2016	—
outstanding	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Ship mortgage	1 property	05/06/2002	—
outstanding	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Ship mortgage	1 property	05/06/2002	—
outstanding	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Ship mortgage	1 property	19/02/2002	—
outstanding	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Ship mortgage	1 property	06/11/2001	—
satisfied	Lloyds Banking Group The Royal Bank of Scotland PLC	Mandate	1 property	29/10/2001	18/01/2002
outstanding	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Ship mortgage	1 property	16/10/2001	—
outstanding	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Ship mortgage	1 property	16/10/2001	—
outstanding	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Bond & floating charge	1 property	11/10/1999	—

Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (126 total)

accounts-with-accounts-type-total-exemption-full

accounts · AA

2025-12-30

gazette-filings-brought-up-to-date

gazette · DISS40

2025-11-18

confirmation-statement-with-updates

confirmation-statement · CS01

2025-11-17

gazette-notice-compulsory

gazette · GAZ1

2025-11-11

accounts-with-accounts-type-total-exemption-full

accounts · AA

2025-07-17

gazette-filings-brought-up-to-date

gazette · DISS40

2025-04-19

gazette-notice-compulsory

gazette · GAZ1

2025-04-08

change-person-director-company-with-change-date

officers · CH01

2025-02-21

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2025-02-18

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-09-12

gazette-filings-brought-up-to-date

gazette · DISS40

2024-05-22

accounts-with-accounts-type-total-exemption-full

accounts · AA

2024-05-21

dissolved-compulsory-strike-off-suspended

dissolution · DISS16(SOAS)

2024-04-11

gazette-notice-compulsory

gazette · GAZ1

2024-03-12

change-person-director-company-with-change-date

officers · CH01

2023-10-30