BALTIER FARMING COMPANY LIMITED
🌳Matureactive
SC313539 · ltd · incorporated 2006-12-15
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 Nov 2024
Net worth
—
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: SIC 01500
Sector: Agriculture, forestry & fishing
Investor take
PursueActive trading company with a 62-year-old founder — textbook succession opportunity.
Opportunity 76/100 (strong), bankability 57/100. Strong seller-intent signal (70/100, director aged 62). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 9 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
12 live charges · 9 lenders · oldest 14.8y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 14.8 years old — likely at or near maturity.
- · 9 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (77/100)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
75
Lenders & charges
12 charges (12/12 with lender, 12/12 with type)
90
Directors & officers
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
61 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-11-30 | 2023-11-30 |
|---|---|---|
| Average employees | 1100 | 900 |
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
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (40 events)Click to expand
- 2025-08-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-07-10📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-07-08🔒Charge registered #12Lender: William Glen Forsyth
- 2025-02-15📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-02-15🔓Charge satisfied #6
- 2025-02-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-01-31📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-01-30🔒Charge registered #11Lender: Lloyds Bank PLC
- 2025-01-21🔒Charge registered #10Lender: Lloyds Bank PLC
- 2024-08-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-08-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-01-17📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-01-16🔒Charge registered #9Lender: Clydesdale Bank PLC (T/a Both Clydesdale Bank and Yorkshire Bank
- 2022-08-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-08-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-01-07📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-01-07📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-01-07🔓Charge satisfied #5
- 2021-01-07🔓Charge satisfied #4
- 2020-12-29📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-12-23🔒Charge registered #8Lender: Clydesdale Bank PLC
- 2020-12-22📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-12-21🔒Charge registered #7Lender: Clydesdale Bank PLC
- 2020-12-15📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-12-09🔒Charge registered #6Lender: Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)
- 2020-08-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-08-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-03-28📄mortgage-satisfy-charge-fullmortgage · MR04
- 2019-03-28🔓Charge satisfied #3
- 2019-03-28🔓Charge satisfied #2
- 2018-11-09🔒Charge registered #5Lender: Hsbc Bank PLC
- 2018-10-05🔒Charge registered #4Lender: Hsbc UK Bank PLC
- 2015-04-24🔒Charge registered #3Lender: The Royal Bank of Scotland PLC
- 2014-05-17🔓Charge satisfied #1
- 2014-03-31🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 2011-06-18🔒Charge registered #1Lender: Lloyds Tsb Scotland PLC
- 2006-12-15🏢Company incorporatedAs BALTIER FARMING COMPANY LIMITED
- 2006-12-15➕JOHNSTONE, Allison Margaret appointedsecretary
- 2006-12-15➕FORSYTH, Douglas Fisher appointeddirector
- 2006-12-15➕JOHNSTONE, Allison Margaret appointeddirector
Owner dependency
76/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
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 19 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 62 — approaching natural succession window.
Succession & seller-readiness
69/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 19 years.
- secondaryStable-but-static management: Company is 19 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 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
6 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Douglas Fisher Forsyth Individual · British · DOB 09/1964 · age 62 | 75–100% | — | 75-100% shares | 30/06/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Agriculture · DG postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A A HENRY & SONS LIMITED→ SC599177 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| A.Q.F. CONTRACTORS LIMITED→ SC418018 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| AD CONTRACTING LIMITED→ SC561514 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| ADAMSON TREE CARE LIMITED→ SC533308 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ALLAN SMITH FENCING & FORESTRY LIMITED→ SC287999 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| ALYALAIS PROTECTED FALCON LIMITED→ SC578282 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| AUCHENVEY FARM LTD→ SC842466 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| BACKFELL FARM LIMITED→ SC233181 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| BACOL→ SC863333 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BALKER FARMS LIMITED→ SC097004 · est 1986 · no financials extracted | — | — | — | — | 40y | — | — |
| BARKER FARMS LIMITED→ SC152679 · est 1994 · no financials extracted | — | — | — | — | 31y | — | — |
| BARNKIRK LTD→ SC477224 · 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
Incorporated2006-12-15
Jurisdictionscotland
Primary SIC01500 — SIC 01500
Registered office
Baltier, Whithorn
Newton Stewart
Wigtownshire
DG8 8HA
Filing status
Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-12-29
Last: 2025-12-15
Officers (3 active · 0 resigned)
JOHNSTONE, Allison Margaret→
Activesecretary · appointed 2006-12-15
View their other companies + combined net worth →
FORSYTH, Douglas Fisher→
Activedirector · ~62y · appointed 2006-12-15
View their other companies + combined net worth →
JOHNSTONE, Allison Margaret→
Activedirector · ~58y · appointed 2006-12-15
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
12
Total charges
6
Outstanding
3
Active lenders
Status:Lender:12 of 12 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | William Glen Forsyth | A registered charge | 1 property | 08/07/2025 | — | |
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 4 properties | 30/01/2025 | — | |
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | — | 21/01/2025 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC (T/a Both Clydesdale Bank and Yorkshire Bank | A registered charge | 2 properties | 16/01/2023 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC | A registered charge | 5 properties | 23/12/2020 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC | A registered charge | 1 property | 21/12/2020 | — | |
| satisfied | Virgin Money Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111) | A registered charge | — | 09/12/2020 | 15/02/2025 | |
| satisfied | HSBC Hsbc Bank PLC | A registered charge | 1 property | 09/11/2018 | 07/01/2021 | |
| satisfied | HSBC Hsbc UK Bank PLC | A registered charge | — | 05/10/2018 | 07/01/2021 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 24/04/2015 | 28/03/2019 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | — | 31/03/2014 | 28/03/2019 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Scotland PLC | Bond & floating charge | 1 property | 18/06/2011 | 17/05/2014 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (61 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-29
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-07-10
mortgage-satisfy-charge-full
mortgage · MR04
2025-02-15
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-02-05
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-17
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-01-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-26