BALMULE HUTS LTD

🌳Matureactive

SC198049 · ltd · incorporated 1999-07-14

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 25.9y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Dec 2024

Net worth

£26.0k

book net assets

Opportunity

82/100

Exceptional

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What this business does

Primary activity: SIC 03120

Sector: Agriculture, forestry & fishing

Investor take

Pursue

Active trading company with a 80-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 80). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

4 live charges · oldest 25.9y

65/100

clean up first

Refinance viable after a tidy-up — address the highlighted items first.

· Oldest live charge is 25.9 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 25/100 — 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

Lenders & charges

4 charges (4/4 with lender, 4/4 with type)

Directors & officers

8 officers (4 active, 8 linked, 5 with DOB)

Ownership & PSC

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

Director network

4 connected companies via shared directors

Filing history

74 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

82/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

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 · FRS 102

Positive net assets

Net assets £26,048

Net assets shrinking

Down £6,027 YoY

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£26k

↓ 19% YoY

Current Assets

£26k

↓ 18% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2024-12-31	2023-12-31
Total assets	£26.0k	£32.1k
Current assets	£26.2k	£31.8k
Debtors	£26.2k	£31.8k
Net assets	£26.0k	£32.1k

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

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (34 events)Click to expand

2025-09-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-20
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-09-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-09-26
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-09-24
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-09-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-06-06
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2016-09-26
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-02-15
✏️
certificate-change-of-name-company
change-of-name · CERTNM
2015-08-10
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-06-04
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-11-05
📄
mortgage-satisfy-charge-full
mortgage · MR04
2014-11-05
🔓
Charge satisfied #4
2009-04-08
🔓
Charge satisfied #3
2008-10-01
➕
MITCHELL, Ross appointed
director
2004-11-18
➕
MITCHELL, Jacqueline Nugent appointed
director
2004-11-17
➖
MCGIBBON, David Hadden resigned
director
2004-11-03
🔒
Charge registered #4
Lender: The Governor and Company of the Bank of Scotland
2004-10-19
➖
SCOTT, Robert Melrose resigned
director
2002-12-20
🔒
Charge registered #3
Lender: The Governor and Company of the Bank of Scotland
2002-11-14
➕
MCGIBBON, David Hadden appointed
director
2002-02-07
🔒
Charge registered #2
Lender: The Governor and Company of the Bank of Scotland
2002-02-01
➕
SCOTT, Robert Melrose appointed
director
2000-06-06
🔒
Charge registered #1
Lender: The Governor and Company of the Bank of Scotland
1999-07-14
🏢
Company incorporated
As BALMULE HUTS LTD
1999-07-14
➕
MITCHELL, Alexander Gordon appointed
secretary
1999-07-14
➕
MITCHELL, Alexander Gordon appointed
director
1999-07-14
➕
BRIAN REID LTD. appointed
corporate-nominee-secretary
1999-07-14
➖
BRIAN REID LTD. resigned
corporate-nominee-secretary
1999-07-14
➕
STEPHEN MABBOTT LTD. appointed
corporate-nominee-director
1999-07-14
➖
STEPHEN MABBOTT LTD. resigned
corporate-nominee-director

Owner dependency

83/100

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

+Long-tenure founder: Senior director has been in place 27 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 80 — 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 80 years old. Natural succession window is now.
primary20+ year tenure: Director in role 27 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

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

Name	Shares	Voting rights	Nature of control	Notified
Mr Ross Mitchell Individual · British · DOB 07/1977 · age 49	25–50%	—	25-50% shares	14/07/2016

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 · KY postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
S.M. BAYNE & COMPANY LIMITED→ SC030423 · est 1954	£6.62M £5.10M–£8.15M	—	—	963	71y	84	86y
BANDIRRAN FARM LIMITED→ SC341982 · est 2008	—	—	—	900	17y	83	77y
CAVELSTONE FARM LIMITED→ SC165832 · est 1996	—	—	—	400	29y	83	81y
CROSSGATES COMMUNITY WOODLAND→ SC273799 · est 2004 · no financials extracted	—	—	—	—	21y	83	80y
CYGNET PEP LIMITED→ SC061872 · est 1977	—	—	£990.4k	—	49y	83	62y
CYGNET POTATO BREEDERS LTD.→ SC176353 · est 1997	—	—	—	8	28y	83	66y
EDENWOOD FARMS LIMITED→ SC191248 · est 1998	—	—	—	5	27y	83	62y
FIFE CROPS LIMITED→ SC158672 · est 1995	—	—	£606.9k	—	30y	83	74y
GENTECH PROPAGATION LTD.→ SC112851 · est 1988	—	—	—	0	37y	83	62y
A. & J. SHEDDEN LIMITED→ SC039579 · est 1963	—	—	—	600	62y	82	69y
BONDE (CHARLETON) FARMS LIMITED→ SC045534 · est 1968	—	—	—	200	58y	82	80y
GEORGE STORRAR (FARMERS) LIMITED→ SC035905 · est 1960	—	—	—	600	65y	82	72y

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

Incorporated1999-07-14

Jurisdictionscotland

Primary SIC03120 — SIC 03120

Registered office

Room 3 Dalgety Bay Business Centre, Ridge Way

Donibristle Industrial Park, Hillend

Dunfermline

KY11 9JN

Scotland

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2026-07-28

Last: 2025-07-14

Officers (4 active · 4 resigned)

MITCHELL, Alexander Gordon→

secretary · appointed 1999-07-14

View their other companies + combined net worth →

Active

MITCHELL, Alexander Gordon→

director · ~80y · appointed 1999-07-14

View their other companies + combined net worth →

Active

MITCHELL, Jacqueline Nugent→

director · ~78y · appointed 2004-11-18

View their other companies + combined net worth →

Active

MITCHELL, Ross→

director · ~49y · appointed 2008-10-01

View their other companies + combined net worth →

Active

BRIAN REID LTD.→

corporate-nominee-secretary · appointed 1999-07-14 · resigned 1999-07-14

Resigned

MCGIBBON, David Hadden→

director · ~78y · appointed 2002-11-14 · resigned 2004-11-17

Resigned

SCOTT, Robert Melrose→

director · ~82y · appointed 2002-02-01 · resigned 2004-10-19

Resigned

STEPHEN MABBOTT LTD.→

corporate-nominee-director · appointed 1999-07-14 · resigned 1999-07-14

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:4 of 4 shown

		Type	Properties
satisfied	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Standard security	1 property	03/11/2004	05/11/2014
satisfied	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Standard security	1 property	20/12/2002	08/04/2009
outstanding	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Standard security	1 property	07/02/2002	—
outstanding	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Standard security	1 property	06/06/2000	—

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