GT SEAFOODS LIMITED
🌳Matureactive
SC241817 · ltd · incorporated 2003-01-07
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 23.1y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£2.21M
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: SIC 10200
Sector: Manufacturing
Investor take
PursueActive trading company. Family succession underway — not a classic acquisition target.
Opportunity 82/100 (exceptional), bankability 75/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 23.1y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 23.1 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · 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
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
7 officers (2 active, 7 linked, 3 with DOB)
79
Ownership & PSC
2 active PSC(s) of 4 total, 4 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
76 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.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £2,212,118
Net assets shrinking
Down £24,295 YoY
Cash YoY
+5%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£1.3m
↑ 4.9% YoY
Net Worth
£2.2m
↓ 1.1% YoY
Current Assets
£2.8m
↑ 7.5% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £2.21M | £2.24M |
| Current assets | £2.83M | £2.63M |
| Cash | £1.30M | £1.24M |
| Debtors | £1.53M | £1.39M |
| Net assets | £2.21M | £2.24M |
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
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
- 2025-11-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-02-05📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-12-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-05-17➖WOOD, Kyle Aitchison resigneddirector
- 2023-08-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-08-03📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-10-04📄change-person-director-company-with-change-dateofficers · CH01
- 2022-09-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-05-23📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-05-23📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-05-16➕WOOD, Kyle Aitchison appointeddirector
- 2022-05-09➕TALLIS, Emma appointeddirector
- 2021-11-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-09-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-06-17📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2020-06-17📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2020-06-17📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2019-10-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-11-06📄mortgage-satisfy-charge-fullmortgage · MR04
- 2018-11-06🔓Charge satisfied #2
- 2018-09-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2011-07-02➖THE GRANT SMITH LAW PRACTICE resignedcorporate-secretary
- 2011-05-03🔒Charge registered #2Lender: Rbs Invoice Finance Limited
- 2004-01-14➖MACKAY, Julia resignedsecretary
- 2004-01-14➕THE GRANT SMITH LAW PRACTICE appointedcorporate-secretary
- 2003-03-18🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2003-01-07🏢Company incorporatedAs GT SEAFOODS LIMITED
- 2003-01-07➕TALLIS, Graeme appointeddirector
- 2003-01-07➕MACKAY, Julia appointedsecretary
- 2003-01-07➕AT SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 2003-01-07➖AT SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 2003-01-07➕AT DIRECTORS LIMITED appointedcorporate-nominee-director
- 2003-01-07➖AT DIRECTORS LIMITED resignedcorporate-nominee-director
Owner dependency
84/100
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 23 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 62 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- primaryFamily succession underway: Not a takeover target — TALLIS, Emma (same surname) appointed 2022-05-09. Pattern consistent with intra-family handover.
- secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 23 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 |
|---|---|---|---|---|
Mr Graeme Tallis Individual · British · DOB 10/1964 · age 62 | 25–50% | — | 25-50% shares | 07/04/2016 |
Mrs Emma Tallis Individual · British · DOB 11/1980 · age 46 | 25–50% | — | 25-50% shares | 06/04/2016 |
2 historic (ceased) PSCs
- Mr Graeme Tallisceased 06/04/2016· 50-75% shares
- Mr Graeme Tallisceased 06/04/2016· 25-50% shares
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 | — | — |
| 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 | — | — |
| J CHARLES SEAFOODS LIMITED→ SC711040 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| KARRO FOOD LIMITED→ SC220000 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| LAESO FISH LIMITED→ SC184241 · est 1998 · no financials extracted | — | — | — | — | 28y | — | — |
| LICKIES CONVENIENCE FOODS LTD→ SC605075 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| LOSSIE SEAFOODS LTD.→ SC145004 · est 1993 · no financials extracted | — | — | — | — | 32y | — | — |
| M GEDDES LTD.→ SC277504 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| MACDUFF SHELLFISH (SCOTLAND) LIMITED→ SC106514 · est 1987 · no financials extracted | — | — | — | — | 38y | — | — |
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
Incorporated2003-01-07
Jurisdictionscotland
Primary SIC10200 — SIC 10200
Registered office
Goldwells House
Grange Road
Peterhead
AB42 1WN
Scotland
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-01-20
Last: 2026-01-06
Officers (2 active · 5 resigned)
TALLIS, Emma→
Activedirector · ~46y · appointed 2022-05-09
View their other companies + combined net worth →
TALLIS, Graeme→
Activedirector · ~62y · appointed 2003-01-07
View their other companies + combined net worth →
MACKAY, Julia→
Resignedsecretary · appointed 2003-01-07 · resigned 2004-01-14
AT SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 2003-01-07 · resigned 2003-01-07
THE GRANT SMITH LAW PRACTICE→
Resignedcorporate-secretary · appointed 2004-01-14 · resigned 2011-07-02
WOOD, Kyle Aitchison→
Resigneddirector · ~29y · appointed 2022-05-16 · resigned 2024-05-17
AT DIRECTORS LIMITED→
Resignedcorporate-nominee-director · appointed 2003-01-07 · resigned 2003-01-07
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | NatWest Group Rbs Invoice Finance Limited | Floating charge | 1 property | 03/05/2011 | 06/11/2018 | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 18/03/2003 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (76 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-18
termination-director-company-with-name-termination-date
officers · TM01
2025-02-05
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-18
confirmation-statement-with-updates
confirmation-statement · CS01
2024-02-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-08-03
confirmation-statement-with-updates
confirmation-statement · CS01
2023-01-16
change-person-director-company-with-change-date
officers · CH01
2022-10-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-05
appoint-person-director-company-with-name-date
officers · AP01
2022-05-23
appoint-person-director-company-with-name-date
officers · AP01
2022-05-23
confirmation-statement-with-updates
confirmation-statement · CS01
2022-01-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-02