FARAWAY FIELDS LIMITED

🌳Matureactive
SC428333 · ltd · incorporated 2012-07-13
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 9.5y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: SIC 35110
Sector: Electricity, gas & energy
Investor take
Pursue
Active trading company with a 75-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 80/100. Strong seller-intent signal (68/100, director aged 75). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 9.5y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 9.5 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

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
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
3 officers (2 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
36 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees200200

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
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2025-11-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-10-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-02-14
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  4. 2023-04-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-11-16
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2022-11-16
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2022-05-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-07-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2020-06-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2019-05-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2018-07-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2017-07-03
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  13. 2017-07-03
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  14. 2017-05-08
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2016-10-25
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  16. 2016-10-05
    🔒
    Charge registered #1
    Lender: The Agricultural Mortgage Corporation PLC
  17. 2016-07-04
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  18. 2012-07-13
    🏢
    Company incorporated
    As FARAWAY FIELDS LIMITED
  19. 2012-07-13
    ➕
    NICOLL, Carolyn appointed
    director
  20. 2012-07-13
    ➕
    NICOLL, William appointed
    director
  21. 2012-07-13
    ➕
    ARRAT FARMS LIMITED appointed
    corporate-director
  22. 2012-07-13
    ➖
    ARRAT FARMS LIMITED resigned
    corporate-director

Owner dependency

81/100
Critical — business is the founder

The 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.
  • +Founder age: Director aged approximately 75 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

79/100
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 75 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 14 years.
  • 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.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Carolyn Nicoll
Individual · British · DOB 12/1959 · age 67
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
Mr William Nicoll
Individual · British · DOB 10/1951 · age 75
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016

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

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
Incorporated2012-07-13
Jurisdictionscotland
Primary SIC35110 — SIC 35110

Registered office

Westby
64 West High Street
Forfar
Tayside
DD8 1BJ

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-07-11
Last: 2025-06-27

Officers (2 active · 1 resigned)

NICOLL, Carolyn→
director · ~67y · appointed 2012-07-13
View their other companies + combined net worth →
Active
NICOLL, William→
director · ~75y · appointed 2012-07-13
View their other companies + combined net worth →
Active
ARRAT FARMS LIMITED→
corporate-director · appointed 2012-07-13 · resigned 2012-07-13
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
The Agricultural Mortgage Corporation
The Agricultural Mortgage Corporation PLC
A registered charge1 property05/10/2016—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (36 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-09
change-account-reference-date-company-current-extended
accounts · AA01
2024-02-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-12
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-11-16
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-11-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-07-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-06-26