OCHIL FOODS LIMITED

💤Zombieactive
SC399047 · ltd · incorporated 2011-05-09
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
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Turnover
year to Mar 2025
Net worth
£-1.1k
book net assets
Opportunity
73/100
Strong
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What this business does
Primary activity: Non-specialised wholesale of food, beverages and tobacco
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 73/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: distressed disposal / insolvency (65/100).

🏦

Refinance opportunity

4 live charges · 3 lenders · oldest 10.5y

15/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 10.5 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
61 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £1,069
Net assets shrinking
Down £283,697 YoY
Cash draining
Cash down 61% YoY
Cash YoY
-61%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£41k
↓ 61% YoY
Net Worth
-£1k
↓ 100% YoY
Current Assets
£626k
Current Liabilities
-£1k£124k£250k£375k£501k£626kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£324.1k
Current assets£626.1k
Cash£41.1k£106.6k
Debtors£491.1k
Net assets£-1.1k£282.6k

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 accounts
Counts from Companies House filing history.
Corporate timeline (34 events)Click to expand
  1. 2025-12-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-03
    📄
    second-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP04CS01
  3. 2024-11-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-11-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2024-08-13
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  6. 2024-08-13
    🔓
    Charge satisfied #3
  7. 2024-04-18
    📄
    memorandum-articles
    incorporation · MA
  8. 2024-04-18
    📄
    resolution
    resolution · RESOLUTIONS
  9. 2024-04-17
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  10. 2024-04-17
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  11. 2024-04-17
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  12. 2024-04-17
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2024-04-17
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2024-04-17
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2024-04-16
    LAING, David Robert appointed
    director
  16. 2024-04-16
    DIXON, Anne resigned
    director
  17. 2024-04-16
    DIXON, Neil resigned
    director
  18. 2024-03-05
    📄
    capital-alter-shares-subdivision
    capital · SH02
  19. 2023-12-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2022-11-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2022-08-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  22. 2022-08-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  23. 2022-08-10
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  24. 2022-08-10
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  25. 2022-08-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  26. 2021-03-22
    🔒
    Charge registered #4
    Lender: Skipton Business Finance Limited
  27. 2018-10-13
    🔓
    Charge satisfied #2
  28. 2018-09-26
    🔒
    Charge registered #3
    Lender: Svenska Handelsbanken Ab (Publ)
  29. 2016-10-31
    🔓
    Charge satisfied #1
  30. 2016-09-19
    🔒
    Charge registered #2
    Lender: Rbs Invoice Finance Limited
  31. 2015-10-19
    🔒
    Charge registered #1
    Lender: Svenska Handelsbanken Ab (Publ)
  32. 2011-05-09
    🏢
    Company incorporated
    As OCHIL FOODS LIMITED
  33. 2011-05-09
    DIXON, Anne appointed
    director
  34. 2011-05-09
    DIXON, Neil appointed
    director

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 med ·
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.

Group structure

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

🏛️
Rossal Holdings Limited
Corporate parent · holds 75-100% shares
ultimate parent
OCHIL FOODS LIMITED
This company · SC399047

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
Rossal Holdings Limited
Corporate entity
75100%
75-100% shares16/04/2024
2 historic (ceased) PSCs
  • Mrs Anne Dixonceased 16/04/2024· 25-50% shares · 25-50% voting
  • Mr Neil Dixonceased 16/04/2024· 25-50% shares · 25-50% voting

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

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
Incorporated2011-05-09
Jurisdictionscotland
Primary SIC46390 — Non-specialised wholesale of food, beverages and tobacco

Registered office

Unit 2a - 2b, Lawgrove Place
Inveralmond Industrial Estate
Perth
PH1 3ED
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-07-17
Last: 2025-07-03

Officers (1 active · 2 resigned)

LAING, David Robert
director · ~40y · appointed 2024-04-16
View their other companies + combined net worth →
Active
DIXON, Anne
director · ~70y · appointed 2011-05-09 · resigned 2024-04-16
Resigned
DIXON, Neil
director · ~73y · appointed 2011-05-09 · resigned 2024-04-16
Resigned

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

Mortgages & charges

4
Total charges
1
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
Skipton Business Finance
Skipton Business Finance Limited
A registered charge1 property22/03/2021
satisfied
Svenska Handelsbanken Ab (Publ)
A registered charge26/09/201813/08/2024
satisfied
NatWest Group
Rbs Invoice Finance Limited
A registered charge19/09/201613/10/2018
satisfied
Svenska Handelsbanken Ab (Publ)
A registered charge19/10/201531/10/2016
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (61 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-18
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-16
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2024-12-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-19
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-11-06
mortgage-satisfy-charge-full
mortgage · MR04
2024-08-13
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-22
memorandum-articles
incorporation · MA
2024-04-18
resolution
resolution · RESOLUTIONS
2024-04-18
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-04-17
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-04-17
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-04-17
termination-director-company-with-name-termination-date
officers · TM01
2024-04-17
termination-director-company-with-name-termination-date
officers · TM01
2024-04-17
appoint-person-director-company-with-name-date
officers · AP01
2024-04-17