WESTERN PROMISE FISHING LTD

💤Zombieactive
SC576869 · ltd · incorporated 2017-09-21
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
Upgrade to see
Turnover
year to Sept 2024
Net worth
book net assets
Opportunity
71/100
Strong
🔔
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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 71/100 (strong), bankability 80/100. 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 (58/100).

🏦

Refinance opportunity

4 live charges · oldest 8.5y

45/100
under pressure

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

  • · Oldest live charge is 8.5 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 3 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
39 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
77
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£0Sept 2023Sept 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-09-302023-09-30
Average employees00

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
2
filings
  • 1 confirmation-statement
  • 1 miscellaneous
Last 180 days
9
filings
  • 5 officers
  • 2 gazette
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (36 events)Click to expand
  1. 2026-03-10
    📄
    legacy
    miscellaneous · RPCH01
  2. 2026-01-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2026-01-08
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2026-01-08
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2026-01-08
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2026-01-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2025-12-10
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  8. 2025-12-09
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  9. 2025-06-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2024-06-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2024-06-13
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  12. 2023-10-13
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  13. 2023-10-13
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  14. 2023-10-06
    🔒
    Charge registered #4
    Lender: The Royal Bank of Scotland PLC
  15. 2023-10-06
    🔒
    Charge registered #3
    Lender: The Royal Bank of Scotland PLC
  16. 2023-06-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2023-04-26
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  18. 2023-04-26
    🔓
    Charge satisfied #2
  19. 2022-04-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  20. 2022-03-21
    TAYLOR, Steven Noble resigned
    director
  21. 2022-03-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2021-09-29
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  23. 2021-09-29
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  24. 2021-06-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  25. 2020-11-01
    MCGREGOR, Christine appointed
    secretary
  26. 2020-10-31
    SIMPSON, Alistair Elliot resigned
    secretary
  27. 2019-10-04
    TAYLOR, Steven Noble appointed
    director
  28. 2019-10-01
    MACKAY, George Hector resigned
    director
  29. 2018-01-18
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  30. 2017-10-23
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  31. 2017-09-21
    🏢
    Company incorporated
    As WESTERN PROMISE FISHING LTD
  32. 2017-09-21
    MACKENZIE, Hugh Alexander appointed
    director
  33. 2017-09-21
    MACKAY, George Hector appointed
    secretary
  34. 2017-09-21
    MACKAY, George Hector resigned
    secretary
  35. 2017-09-21
    SIMPSON, Alistair Elliot appointed
    secretary
  36. 2017-09-21
    MACKAY, George Hector 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 ·
Name changed recently
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2024-06-13: certificate-change-of-name-company

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Hugh Alexander Mackenzie
Individual · British · DOB 03/1984 · age 42
75100%
75–100%75-100% shares · 75-100% voting21/09/2017

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated2017-09-21
Jurisdictionscotland
Primary SIC03110 — SIC 03110

Registered office

26-30 Marine Place
Buckie
AB56 1UT
Scotland

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-10-04
Last: 2025-09-20

Officers (2 active · 4 resigned)

MCGREGOR, Christine
secretary · appointed 2020-11-01
View their other companies + combined net worth →
Active
MACKENZIE, Hugh Alexander
director · ~42y · appointed 2017-09-21
View their other companies + combined net worth →
Active
MACKAY, George Hector
secretary · appointed 2017-09-21 · resigned 2017-09-21
Resigned
SIMPSON, Alistair Elliot
secretary · appointed 2017-09-21 · resigned 2020-10-31
Resigned
MACKAY, George Hector
director · ~65y · appointed 2017-09-21 · resigned 2019-10-01
Resigned
TAYLOR, Steven Noble
director · ~50y · appointed 2019-10-04 · resigned 2022-03-21
Resigned

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

Mortgages & charges

4
Total charges
3
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property06/10/2023
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property06/10/2023
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property18/01/201826/04/2023
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge23/10/2017
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (39 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-12
legacy
miscellaneous · RPCH01
2026-03-10
change-person-director-company-with-change-date
officers · CH01
2026-01-21
change-person-director-company-with-change-date
officers · CH01
2026-01-08
change-person-director-company-with-change-date
officers · CH01
2026-01-08
change-person-director-company-with-change-date
officers · CH01
2026-01-08
change-person-director-company-with-change-date
officers · CH01
2026-01-07
gazette-filings-brought-up-to-date
gazette · DISS40
2025-12-10
gazette-notice-compulsory
gazette · GAZ1
2025-12-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-27
certificate-change-of-name-company
change-of-name · CERTNM
2024-06-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-09
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-10-13