COOKE AQUACULTURE FRESHWATER LIMITED

🌳Matureactive
SC288569 · ltd · incorporated 2005-08-08
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
not disclosed
Net worth
book net assets
Opportunity
74/100
Strong
🔔
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What this business does
Primary activity: SIC 03210
Sector: Agriculture, forestry & fishing
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 74/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: Consolidate lender relationships. 7 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

15 live charges · 7 lenders · oldest 18.4y

25/100
too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

  • · Oldest live charge is 18.4 years old — likely at or near maturity.
  • · 7 lenders named — inter-creditor friction likely.
  • · Legal-friction score 45/100 (high).

Data confidence

Overall: medium (60/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
15 charges (15/15 with lender, 15/15 with type)
90
Directors & officers
19 officers (5 active, 19 linked, 13 with DOB)
84
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
11 connected companies via shared directors
78
Filing history
126 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
1
filing
  • 1 officers
Last 90 days
1
filing
  • 1 officers
Last 180 days
1
filing
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (76 events)Click to expand
  1. 2026-03-27
    📄
    replacement-filing-of-director-appointment-with-name
    officers · RP01AP01
  2. 2025-10-07
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  3. 2025-10-07
    📄
    legacy
    accounts · PARENT_ACC
  4. 2025-10-07
    📄
    legacy
    other · AGREEMENT2
  5. 2025-10-07
    📄
    legacy
    other · GUARANTEE2
  6. 2024-11-11
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  7. 2024-11-11
    📄
    legacy
    accounts · PARENT_ACC
  8. 2024-10-30
    📄
    legacy
    other · AGREEMENT2
  9. 2024-10-30
    📄
    legacy
    other · GUARANTEE2
  10. 2024-10-17
    📄
    legacy
    other · AGREEMENT2
  11. 2024-10-17
    📄
    legacy
    other · GUARANTEE2
  12. 2023-10-17
    📄
    accounts-with-accounts-type-full
    accounts · AA
  13. 2022-10-13
    📄
    accounts-with-accounts-type-small
    accounts · AA
  14. 2022-07-18
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2022-06-29
    IRVING, Paul Barrie resigned
    director
  16. 2022-04-06
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  17. 2022-04-06
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  18. 2022-04-06
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  19. 2022-04-06
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  20. 2022-04-06
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  21. 2022-03-31
    🔒
    Charge registered #15
    Lender: Dnb Bank Asa, New York Branch in Its Capacity as Administrative Agent for the Secured Parties Under and as Defined in the Credit Agreement
  22. 2022-03-31
    🔒
    Charge registered #14
    Lender: Dnb Bank Asa, New York Branch in Its Capacity as Administrative Agent for the Secured Parties Under and as Defined in the Credit Agreement
  23. 2022-03-31
    🔒
    Charge registered #13
    Lender: Dnb Bank Asa, New York Branch in Its Capacity as Administrative Agent for the Secured Parties Under and as Defined in the Credit Agreement
  24. 2022-03-31
    🔒
    Charge registered #12
    Lender: Dnb Bank Asa, New York Branch in Its Capacity as Administrative Agent for the Secured Parties Under and as Defined in the Credit Agreement
  25. 2022-03-31
    🔒
    Charge registered #11
    Lender: Dnb Bank Asa, New York Branch in Its Capacity as Administrative Agent for the Secured Parties Under and as Defined in the Credit Agreement
  26. 2022-01-21
    📄
    change-corporate-secretary-company-with-change-date
    officers · CH04
  27. 2021-12-20
    📄
    accounts-with-accounts-type-small
    accounts · AA
  28. 2021-03-31
    🔒
    Charge registered #10
    Lender: Dnb Bank Asa New York Branch in Its Capacity as Administrative Agent for the Secured Parties Under and as Defined in the Credit Agreement
  29. 2018-04-11
    🔒
    Charge registered #9
    Lender: Dnb Bank Asa New York Branch, as Administrative Agent
  30. 2015-09-25
    🔒
    Charge registered #8
    Lender: Dnb Bank Asa, New York Branch as Administrative Agent
  31. 2015-01-13
    BRODIES SECRETARIAL SERVICES LIMITED appointed
    corporate-secretary
  32. 2015-01-13
    MACLAY MURRAY & SPENS LLP resigned
    corporate-secretary
  33. 2014-05-13
    BLAIR, Colin Ian appointed
    director
  34. 2014-05-13
    COOKE, Glenn Bruce appointed
    director
  35. 2014-05-13
    STEWART, Leonard William appointed
    director
  36. 2014-05-13
    YOUNG, William appointed
    director
  37. 2014-05-13
    THOMPSON, Lorraine Elizabeth resigned
    secretary
  38. 2014-05-13
    MACLAY MURRAY & SPENS LLP appointed
    corporate-secretary
  39. 2014-05-13
    IRVING, Paul Barrie appointed
    director
  40. 2014-05-13
    MCINTOSH, Kenneth James resigned
    director
  41. 2014-05-13
    SUTHERLAND, Alan George resigned
    director
  42. 2014-05-13
    🔒
    Charge registered #7
    Lender: Dnb Bank Asa New York Branch, as Administrative Agent for the Secured Parties Under and as Defined in the Credit Agreement
  43. 2014-03-10
    MCMILLAN, David resigned
    director
  44. 2014-01-08
    🔓
    Charge satisfied #6
  45. 2013-12-04
    THOMPSON, Lorraine Elizabeth appointed
    secretary
  46. 2013-12-04
    LEDINGHAM CHALMERS LLP resigned
    corporate-secretary
  47. 2013-12-04
    BLAIR, Colin Ian resigned
    director
  48. 2013-12-04
    IRVING, Paul Barrie resigned
    director
  49. 2013-12-04
    MCINTOSH, Kenneth James appointed
    director
  50. 2013-12-04
    SUTHERLAND, Alan George appointed
    director
Showing most recent 50 of 76 events

Owner dependency

70/100
High — earn-out structure required

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

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Founder name in company name: Company name contains director surname "COOKE" — strong identity link between founder and business.
  • +Founder age: Director aged approximately 70 — succession pressure is live.

Succession & seller-readiness

75/100
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 70 years old. Natural succession window is now.
  • secondaryStable-but-static management: Company is 21 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 · 1 low
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.

9 live charges
low

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

Group structure

Cooke Aquaculture Uk Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Cooke Aquaculture Uk Holdings Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
COOKE AQUACULTURE FRESHWATER LIMITED
This company · SC288569

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Cooke Aquaculture Uk Holdings Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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 →

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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
Incorporated2005-08-08
Jurisdictionscotland
Primary SIC03210 — SIC 03210

Registered office

C/O Brodies Llp
110 Queen Street
Glasgow
G1 3BX
United Kingdom

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-08-22
Last: 2025-08-08

Officers (5 active · 14 resigned)

BRODIES SECRETARIAL SERVICES LIMITED
corporate-secretary · appointed 2015-01-13
View their other companies + combined net worth →
Active
BLAIR, Colin Ian
director · ~66y · appointed 2014-05-13
View their other companies + combined net worth →
Active
COOKE, Glenn Bruce
director · ~61y · appointed 2014-05-13
View their other companies + combined net worth →
Active
STEWART, Leonard William
director · ~70y · appointed 2014-05-13
View their other companies + combined net worth →
Active
YOUNG, William
director · ~52y · appointed 2014-05-13
View their other companies + combined net worth →
Active
THOMPSON, Lorraine Elizabeth
secretary · appointed 2013-12-04 · resigned 2014-05-13
Resigned
LEDINGHAM CHALMERS
corporate-nominee-secretary · appointed 2005-08-08 · resigned 2006-04-01
Resigned
LEDINGHAM CHALMERS LLP
corporate-secretary · appointed 2006-04-01 · resigned 2013-12-04
Resigned
MACLAY MURRAY & SPENS LLP
corporate-secretary · appointed 2014-05-13 · resigned 2015-01-13
Resigned
BLAIR, Colin Ian
director · ~66y · appointed 2013-03-31 · resigned 2013-12-04
Resigned
IRVING, Paul Barrie
director · ~66y · appointed 2014-05-13 · resigned 2022-06-29
Resigned
IRVING, Paul Barrie
director · ~66y · appointed 2005-11-03 · resigned 2013-12-04
Resigned
MCINTOSH, Kenneth James
director · ~58y · appointed 2013-12-04 · resigned 2014-05-13
Resigned
MCMILLAN, David
director · ~71y · appointed 2005-11-03 · resigned 2014-03-10
Resigned
MYRSETH, Bjorn
director · ~82y · appointed 2005-11-03 · resigned 2011-03-29
Resigned
SUTHERLAND, Alan George
director · ~67y · appointed 2013-12-04 · resigned 2014-05-13
Resigned
WARRINGTON, Mark Kenneth
director · ~57y · appointed 2012-02-03 · resigned 2013-03-31
Resigned
YOUNG, William
director · ~52y · appointed 2013-03-31 · resigned 2013-12-04
Resigned
LEDGE SERVICES LIMITED
corporate-nominee-director · appointed 2005-08-08 · resigned 2005-11-03
Resigned

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

Mortgages & charges

15
Total charges
9
Outstanding
5
Active lenders
Status:Lender:15 of 15 shown
TypeProperties
outstanding
Dnb Bank Asa, New York Branch in Its Capacity as Administrative Agent for the Secured Parties Under and as Defined in the Credit Agreement
A registered charge1 property31/03/2022
outstanding
Dnb Bank Asa, New York Branch in Its Capacity as Administrative Agent for the Secured Parties Under and as Defined in the Credit Agreement
A registered charge1 property31/03/2022
outstanding
Dnb Bank Asa, New York Branch in Its Capacity as Administrative Agent for the Secured Parties Under and as Defined in the Credit Agreement
A registered charge31/03/2022
outstanding
Dnb Bank Asa, New York Branch in Its Capacity as Administrative Agent for the Secured Parties Under and as Defined in the Credit Agreement
A registered charge31/03/2022
outstanding
Dnb Bank Asa, New York Branch in Its Capacity as Administrative Agent for the Secured Parties Under and as Defined in the Credit Agreement
A registered charge31/03/2022
outstanding
Dnb Bank Asa New York Branch in Its Capacity as Administrative Agent for the Secured Parties Under and as Defined in the Credit Agreement
A registered charge31/03/2021
outstanding
Dnb Bank Asa New York Branch, as Administrative Agent
A registered charge11/04/2018
outstanding
Dnb Bank Asa, New York Branch as Administrative Agent
A registered charge1 property25/09/2015
outstanding
Dnb Bank Asa New York Branch, as Administrative Agent for the Secured Parties Under and as Defined in the Credit Agreement
A registered charge13/05/2014
satisfied
Dnb Nor Bank Asa
Bond & floating charge1 property01/02/201108/01/2014
satisfied
Dnb Nor Bank
Deed of amendment to the standard security1 property19/09/200807/03/2011
satisfied
Dnb Nor Bank Asa
Deed of amendment to the floating charge1 property19/09/200807/03/2011
satisfied
Dnb Nor Bank Asa
Deed of amendment to the floating charge1 property19/09/200807/03/2011
satisfied
Dnb Nor Bank Asa
Standard security1 property08/01/200807/03/2011
satisfied
Dnb Nor Bank Asa
Bond & floating charge1 property12/12/200707/03/2011
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (126 total)

replacement-filing-of-director-appointment-with-name
officers · RP01AP01
2026-03-27
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2025-10-07
legacy
accounts · PARENT_ACC
2025-10-07
legacy
other · AGREEMENT2
2025-10-07
legacy
other · GUARANTEE2
2025-10-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-08
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2024-11-11
legacy
accounts · PARENT_ACC
2024-11-11
legacy
other · AGREEMENT2
2024-10-30
legacy
other · GUARANTEE2
2024-10-30
legacy
other · AGREEMENT2
2024-10-17
legacy
other · GUARANTEE2
2024-10-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-08
accounts-with-accounts-type-full
accounts · AA
2023-10-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-09