MJR FISHING LIMITED

💤Zombieactive
SC674087 · ltd · incorporated 2020-09-14
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 Mar 2025
Net worth
£1.1k
book net assets
Opportunity
72/100
Strong
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What this business does
Primary activity: SIC 03110
Sector: Agriculture, forestry & fishing
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 72/100 (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 (58/100).

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
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
20 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
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
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £1,055

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£1k
↑ 208% YoY
Current Assets
£13k
↑ 31% YoY
Current Liabilities
£0£3k£5k£8k£11k£13kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-03-312024-03-31
Total assets£1.1k£343
Current assets£13.2k£10.0k
Net assets£1.1k£343

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
0
filings
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2025-11-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-11-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-12-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-12-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-10-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2022-09-15
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2022-09-15
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2022-01-06
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  9. 2022-01-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2022-01-05
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2022-01-05
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  12. 2022-01-05
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2022-01-04
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  14. 2021-10-15
    RITCHIE, Marion resigned
    director
  15. 2021-06-23
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  16. 2020-09-14
    🏢
    Company incorporated
    As MJR FISHING LIMITED
  17. 2020-09-14
    RITCHIE, James Alexander appointed
    director
  18. 2020-09-14
    RITCHIE, Marion appointed
    director
  19. 2020-09-14
    📄
    incorporation-company
    incorporation · NEWINC

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

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 James Alexander Ritchie
Individual · British · DOB 11/1986 · age 40
75100%
75–100%75-100% shares · 75-100% voting14/09/2020
1 historic (ceased) PSC
  • Mrs Marion Ritchieceased 15/10/2021· 25-50% shares · 25-50% voting

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

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£13.37M180012y8579y
TREETOP FORESTRY LIMITED
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£5.00M
£3.85M£6.15M
£12.98M460020y8772y
ALTNAHARRA ESTATE LIMITED
SC228455 · est 2002
£634.2k
£487.8k£780.5k
824y8571y
CHALLENGE FISHING COMPANY LIMITED
SC192237 · est 1998
627y8369y
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SC158055 · est 1995
1031y8376y
GARDINER ICM LIMITED
SC197812 · est 1999
£2.60M26y8364y
LORANTHUS FISHING COMPANY LIMITED
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M B AQUARIUS LIMITED
SC259115 · est 2003
022y8370y
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£32.29M32y8369y
MEARNS TRACTORS LIMITED
SC261246 · est 2003
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SHANNON FISHING LIMITED
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UNITED FISH SELLING LIMITED
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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
Incorporated2020-09-14
Jurisdictionscotland
Primary SIC03110 — SIC 03110

Registered office

28 Broad Street
Peterhead
AB42 1BY
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-10-29
Last: 2025-10-15

Officers (1 active · 1 resigned)

RITCHIE, James Alexander
director · ~40y · appointed 2020-09-14
View their other companies + combined net worth →
Active
RITCHIE, Marion
director · ~48y · appointed 2020-09-14 · resigned 2021-10-15
Resigned

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

Recent filings (20 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-11-03
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-03
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-26
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-18
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-22
confirmation-statement-with-updates
confirmation-statement · CS01
2023-10-16
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-12
confirmation-statement-with-updates
confirmation-statement · CS01
2022-10-17
change-person-director-company-with-change-date
officers · CH01
2022-10-17
change-person-director-company-with-change-date
officers · CH01
2022-09-15
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-09-15
gazette-filings-brought-up-to-date
gazette · DISS40
2022-01-06
accounts-with-accounts-type-micro-entity
accounts · AA
2022-01-05
confirmation-statement-with-updates
confirmation-statement · CS01
2022-01-05
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-01-05