LEWIS & HARRIS AUCTION MART (2005) LIMITED

🌳Matureactive

SC290138 · ltd · incorporated 2005-09-09

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

hardening · 12-months

Already tight — no obvious softening catalysts on the horizon.

· Thesis: well-run, low negotiation leverage

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Sept 2024

Net worth

£31.4k

book net assets

Opportunity

81/100

Exceptional

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: SIC 46230

Sector: Wholesale & retail

Investor take

Pursue

Asset-holding vehicle with a 82-year-old founder — textbook succession opportunity.

Opportunity 81/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 82). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (79/100)

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

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

31 officers (15 active, 31 linked, 26 with DOB)

Ownership & PSC

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

Director network

2 connected companies via shared directors

Filing history

107 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

81/100Exceptional

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

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)

Positive net assets

Net assets £31,375

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£31k

↑ 21% YoY

Current Assets

£56k

↑ 49% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)

Metric	2024-09-30	2023-09-30
Total assets	£31.4k	£25.9k
Current assets	£56.5k	£37.8k
Net assets	£31.4k	£25.9k

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

Counts from Companies House filing history.

Corporate timeline (65 events)Click to expand

2025-06-20
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-15
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-23
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-25
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-09-27
📄
appoint-person-director-company-with-name-date
officers · AP01
2021-08-10
➕
MACLEOD, Donald appointed
director
2021-06-19
📄
termination-director-company-with-name-termination-date
officers · TM01
2021-06-17
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-06-04
➖
MACLEOD, Donald Murdo resigned
director
2020-06-23
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-07-01
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2019-07-01
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2019-05-28
➕
MACBAIN, Donald Ewen appointed
secretary
2019-05-28
➖
KENNEDY, Kevin resigned
secretary
2019-03-12
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-09-19
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2018-09-19
📄
change-person-director-company-with-change-date
officers · CH01
2018-07-23
📄
change-person-director-company-with-change-date
officers · CH01
2018-07-10
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2018-07-04
📄
termination-director-company-with-name-termination-date
officers · TM01
2018-07-04
📄
termination-director-company-with-name-termination-date
officers · TM01
2018-07-02
➕
KENNEDY, Kevin appointed
secretary
2018-05-31
➖
MACLEOD, Donald Malcolm resigned
secretary
2018-05-31
➖
FERGUSON, Alexander Murdo resigned
director
2018-05-31
➖
MACLEOD, Donald Malcolm resigned
director
2014-03-19
➕
MATHESON, John Murdo appointed
director
2014-03-19
➕
ROSS, Alex John appointed
director
2014-03-19
➖
MACAULAY, Donald Scott Macdonald resigned
director
2014-03-19
➖
MACLEOD, Donald resigned
director
2013-03-27
➕
MACDONALD, Kevin appointed
director
2012-03-21
➕
MACKAY, Ruairidh Murdo appointed
director
2012-03-21
➕
FERGUSON, Alexander Murdo appointed
director
2012-03-21
➕
MACAULAY, Donald Scott Macdonald appointed
director
2012-03-21
➖
MACLEOD, Neil resigned
director
2011-03-16
➕
MACBAIN, Donald Ewen appointed
director
2011-03-16
➕
MACDONALD, Alex appointed
director
2011-03-16
➕
MACIVER, Iain Maclennan appointed
director
2011-03-16
➕
MACKENZIE, Calum John appointed
director
2011-03-16
➕
MACLENNAN, Peter appointed
director
2011-03-16
➕
MACLEOD, Kenneth appointed
director
2011-03-16
➕
MACLEOD, Norman appointed
director
2011-03-16
➕
MACLEOD, Donald Malcolm appointed
secretary
2011-02-14
➕
KENNEDY, Kevin appointed
director
2011-02-14
➖
MATHESON, John Murdo resigned
secretary
2011-02-14
➖
MACIVER, Norman Angus resigned
director
2011-02-14
➖
MATHESON, John Murdo resigned
director
2011-02-14
➖
MCLAUGHLIN, James resigned
director
2009-01-19
➖
MACDONALD, Valerie Jane resigned
director
2008-04-18
➕
MACLEOD, Donald Murdo appointed
director
2007-08-31
➖
FERRIS, Michael Ian resigned
secretary

Showing most recent 50 of 65 events

Owner dependency

73/100

High — earn-out structure required

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

FACTORS

-14 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 82 — 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 82 years old. Natural succession window is now.
primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
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

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Long Island Rural Trust is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Long Island Rural Trust

Corporate parent · holds 75-100% shares

ultimate parent

⬇

LEWIS & HARRIS AUCTION MART (2005) LIMITED

This company · SC290138

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%

Name	Shares	Voting rights	Nature of control	Notified
Long Island Rural Trust Corporate entity	75–100%	75–100%	75-100% shares · 75-100% voting	06/04/2016

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 · Wholesale & distribution · HS postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
GRILLBURGER HOLDINGS LIMITED→ SC621154 · est 2019	—	—	—	200	7y	79	68y
HEBRIDEAN SPA LIMITED→ SC412015 · est 2011	—	—	£752.2k	—	14y	79	69y
HEBRIDEAN TEA STORE LIMITED→ SC701268 · est 2021	—	—	—	—	4y	76	63y
CW GOODS LIMITED→ SC674830 · est 2020	—	—	£97.2k	—	5y	71	30y
DCNSTRCT LTD→ SC654188 · est 2020	—	—	£6.2k	—	6y	71	55y
HEBRIDEAN SHELLFISH LIMITED→ SC798640 · est 2024	—	—	£33.7k	—	2y	70	43y
JOLI VIN LTD→ SC586129 · est 2018	—	—	£-34.1k	—	8y	61	73y
HEBRIDEAN BOOKS LTD→ SC462385 · est 2013	—	—	£-3.5k	—	12y	59	56y
ARDHASAIG FILLING STATION LIMITED→ SC626123 · est 2019 · no financials extracted	—	—	—	—	7y	—	—
GILLIVAL LIMITED→ SC481681 · est 2014 · no financials extracted	—	—	—	—	11y	—	—
GRILLBURGER FROZEN FOODS LIMITED→ SC050570 · est 1972 · no financials extracted	—	—	—	—	53y	—	—
ISLE OF ERISKAY SPIRITS COMPANY LTD→ SC837858 · est 2025 · no financials extracted	—	—	—	—	1y	—	—

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

Incorporated2005-09-09

Jurisdictionscotland

Primary SIC46230 — SIC 46230

Registered office

63 Kenneth Street

Stornoway

Isle Of Lewis

HS1 2DS

Filing status

Accounts

Next due: 2026-06-30

Last made up to: 2024-09-30

Confirmation statement

Next due: 2026-09-23

Last: 2025-09-09