CORRIMONY FARM LIMITED

🌳Matureactive
SC459925 · ltd · incorporated 2013-09-24
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 12.2y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
—
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: SIC 01420
Sector: Agriculture, forestry & fishing
ALSO REGISTERED FOR
  • 01450SIC 01450
Investor take
Pursue
Active trading company with a 84-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 67/100. Strong seller-intent signal (63/100, director aged 84). 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: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 12.2y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 12.2 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
4 officers (3 active, 4 linked, 4 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
32 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
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£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Average employees400400

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

🔒Filing-note intelligence

3 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
0
filings
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2025-07-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-09-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-08-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-08-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-06-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2020-05-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2020-04-07
    ➕
    GIRVAN, Barbara Helen appointed
    director
  8. 2020-04-07
    ➖
    GIRVAN, Mary Helen resigned
    director
  9. 2020-04-07
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2020-04-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2019-04-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2018-09-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2017-09-26
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  14. 2017-08-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2016-08-26
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2016-07-12
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  17. 2016-06-28
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  18. 2016-06-23
    🔒
    Charge registered #3
    Lender: Catriona Grace Girvan
  19. 2016-06-23
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  20. 2014-01-28
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  21. 2013-09-24
    🏢
    Company incorporated
    As CORRIMONY FARM LIMITED
  22. 2013-09-24
    ➕
    GIRVAN, David Bruce appointed
    director
  23. 2013-09-24
    ➕
    GIRVAN, David Lindsay appointed
    director
  24. 2013-09-24
    ➕
    GIRVAN, Mary Helen appointed
    director

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
  • +Founder age: Director aged approximately 84 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

73/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 84 years old. Natural succession window is now.
  • 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%
NameSharesVoting rightsNature of controlNotified
Mr David Bruce Girvan
Individual · British · DOB 05/1981 · age 45
75–100%
75–100%75-100% shares · 75-100% voting30/06/2016

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

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
Incorporated2013-09-24
Jurisdictionscotland
Primary SIC01420 — SIC 01420

Registered office

Redwood
19 Culduthel Road
Inverness
IV2 4AA

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-10-08
Last: 2025-09-24

Officers (3 active · 1 resigned)

GIRVAN, Barbara Helen→
director · ~40y · appointed 2020-04-07
View their other companies + combined net worth →
Active
GIRVAN, David Bruce→
director · ~45y · appointed 2013-09-24
View their other companies + combined net worth →
Active
GIRVAN, David Lindsay→
director · ~84y · appointed 2013-09-24
View their other companies + combined net worth →
Active
GIRVAN, Mary Helen→
director · ~74y · appointed 2013-09-24 · resigned 2020-04-07
Resigned

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

Mortgages & charges

3
Total charges
3
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Catriona Grace Girvan / Edward Allan Girvan
A registered charge1 property23/06/2016—
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property23/06/2016—
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge—28/01/2014—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (32 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-05-18
appoint-person-director-company-with-name-date
officers · AP01
2020-04-07
termination-director-company-with-name-termination-date
officers · TM01
2020-04-07
confirmation-statement-with-updates
confirmation-statement · CS01
2019-09-24