J MITCHELL FISHING LIMITED

💤Zombieactive

SC449149 · ltd · incorporated 2013-05-02

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.

Why now

Window steady · low confidence

Steady and stalled — no momentum either way. Needs an approach trigger.

What changed my view

Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Nov 2024

Net worth

—

book net assets

Opportunity

78/100

Strong

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

What this business does

Primary activity: SIC 03110

Sector: Agriculture, forestry & fishing

Investor take

Pursue

Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 78/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (78/100)

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

4 officers (1 active, 4 linked, 2 with DOB)

Ownership & PSC

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

Director network

1 connected companies via shared directors

Filing history

33 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

78/100Strong

PassWatchWorth a lookStrongExceptional

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

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.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

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	0	100

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (24 events)Click to expand

2025-08-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-08-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-31
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-08-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-08-27
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-11-27
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-08-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-02-26
📄
change-account-reference-date-company-previous-extended
accounts · AA01
2018-01-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-02-28
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-05-13
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2016-02-29
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-05-09
📄
gazette-filings-brought-up-to-date
gazette · DISS40
2015-05-08
📄
gazette-notice-compulsory
gazette · GAZ1
2015-05-06
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-04-30
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2013-05-02
🏢
Company incorporated
As J MITCHELL FISHING LIMITED
2013-05-02
➕
MITCHELL, John James appointed
director
2013-05-02
➕
COSEC LIMITED appointed
corporate-secretary
2013-05-02
➖
COSEC LIMITED resigned
corporate-secretary
2013-05-02
➕
MCMEEKIN, James Stuart appointed
director
2013-05-02
➖
MCMEEKIN, James Stuart resigned
director
2013-05-02
➕
COSEC LIMITED appointed
corporate-director
2013-05-02
➖
COSEC LIMITED resigned
corporate-director

Owner dependency

98/100

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

+Sole director: Only one active director — all governance concentrated on one person.
+Founder name in company name: Company name contains director surname "MITCHELL" — strong identity link between founder and business.
+Senior director age: Director aged approximately 61 — approaching natural succession window.

Succession & seller-readiness

68/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
secondary12+ year tenure: Director in role 13 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

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mr John James Mitchell Individual · British · DOB 11/1965 · age 61	75–100%	—	75-100% shares	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 · Agriculture · DG postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
BALGREGGAN FARMS LIMITED→ SC251076 · est 2003	£1.55M £1.19M–£1.91M	—	—	7	23y	82	61y
LARG FARMING COMPANY LIMITED→ SC247253 · est 2003	—	—	—	1	23y	83	89y
A & J MURCHIE LIMITED→ SC295564 · est 2006	—	—	—	900	20y	82	60y
A H S DRUMMOND (GLENSIDE) LIMITED→ SC324103 · est 2007	—	—	£743.7k	—	19y	82	84y
A. LOCHHEAD FISHING COMPANY LIMITED→ SC328174 · est 2007	—	—	£63.6k	—	18y	82	67y
ALLAN SMITH FENCING & FORESTRY LIMITED→ SC287999 · est 2005	—	—	—	2	20y	82	71y
CRAIGADAM FARM LIMITED→ SC153308 · est 1994	—	—	£48.7k	—	31y	82	74y
CROCHMORE FARMS LIMITED→ SC338012 · est 2008	—	—	—	200	18y	82	77y
G RAE CONTRACTING→ SC339954 · est 2008 · no financials extracted	—	—	—	—	18y	82	73y
H J WALKER & COMPANY LIMITED→ SC345386 · est 2008	—	—	—	4	17y	82	86y
HARDGRAVE FARM, (DUMFRIES) LIMITED→ SC030389 · est 1954	—	—	—	1300	71y	82	61y
HUGH RAMSAY FARMS LIMITED→ SC086142 · est 1984	—	—	—	800	42y	82	87y

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

Incorporated2013-05-02

Jurisdictionscotland

Primary SIC03110 — SIC 03110

Registered office

Dergoals

Glenluce

Newton Stewart

Wigtownshire

DG8 0LG

Filing status

Accounts

Next due: 2026-08-31

Last made up to: 2024-11-30

Confirmation statement

Next due: 2026-05-16

Last: 2025-05-02

Officers (1 active · 3 resigned)

MITCHELL, John James→

director · ~61y · appointed 2013-05-02

View their other companies + combined net worth →

Active

COSEC LIMITED→

corporate-secretary · appointed 2013-05-02 · resigned 2013-05-02

Resigned

MCMEEKIN, James Stuart→

director · ~59y · appointed 2013-05-02 · resigned 2013-05-02

Resigned

COSEC LIMITED→

corporate-director · appointed 2013-05-02 · resigned 2013-05-02

Resigned

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