CAIRNROWAN FARMS LTD

💤Zombieactive
SC733583 · ltd · incorporated 2022-05-25
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
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Turnover
year to Aug 2024
Net worth
£43.7k
book net assets
Opportunity
70/100
Strong
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What this business does
Primary activity: SIC 01500
Sector: Agriculture, forestry & fishing
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 70/100 (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: Cash flow review and working-capital discipline. Cash down -97% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

6 live charges · oldest 2.6y

10/100
under pressure

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

  • · Newest facility, 2.6 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (81/100)

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

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
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
17 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £43,729
Cash draining
Cash down 97% YoY
Cash YoY
-97%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£3k
↓ 97% YoY
Net Worth
£44k
↑ 13% YoY
Current Assets
£237k
↑ 44% YoY
Current Liabilities
£0£47k£95k£142k£190k£237kAug 2023Aug 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-08-312023-08-31
Total assets£611.3k£684.2k
Current assets£237.5k£164.7k
Cash£3.0k£118.9k
Debtors£172.6k£14.2k
Net assets£43.7k£38.8k

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2025-10-20
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  2. 2025-10-20
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  3. 2025-10-20
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  4. 2025-10-20
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  5. 2025-10-20
    🔓
    Charge satisfied #5
  6. 2025-10-20
    🔓
    Charge satisfied #4
  7. 2025-10-20
    🔓
    Charge satisfied #2
  8. 2025-10-20
    🔓
    Charge satisfied #1
  9. 2025-08-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2024-04-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2024-02-26
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  12. 2024-02-26
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  13. 2024-02-26
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  14. 2024-02-23
    🔒
    Charge registered #6
    Lender: Robert Roderick Mcintyre and Catriona Arnott Mcintyre
  15. 2024-02-23
    🔒
    Charge registered #5
    Lender: Robert Roderick Mcintyre and Catriona Arnott Mcintyre
  16. 2024-02-23
    🔒
    Charge registered #4
    Lender: Robert Roderick Mcintyre and Catriona Arnott Mcintyre
  17. 2024-02-13
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  18. 2023-10-03
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  19. 2023-10-03
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  20. 2023-10-03
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  21. 2023-10-02
    🔒
    Charge registered #3
    Lender: Robert Roderick Mcintyre and Catriona Arnott Mcintyre
  22. 2023-10-02
    🔒
    Charge registered #2
    Lender: Robert Roderick Mcintyre and Catriona Arnott Mcintyre
  23. 2023-10-02
    🔒
    Charge registered #1
    Lender: Robert Roderick Mcintyre and Catriona Arnott Mcintyre
  24. 2022-05-25
    🏢
    Company incorporated
    As CAIRNROWAN FARMS LTD
  25. 2022-05-25
    DAVIDSON, Gregor Forbes appointed
    director
  26. 2022-05-25
    📄
    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

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Gregor Forbes Davidson
Individual · British · DOB 11/1979 · age 47
75100%
75–100%board control75-100% shares · 75-100% voting · board control25/05/2022

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
Incorporated2022-05-25
Jurisdictionscotland
Primary SIC01500 — SIC 01500

Registered office

2 Home Farm Cottages
Udny
Ellon
Aberdeenshire
AB41 7RQ
Scotland

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-06-07
Last: 2025-05-24

Officers (1 active · 0 resigned)

DAVIDSON, Gregor Forbes
director · ~47y · appointed 2022-05-25
View their other companies + combined net worth →
Active

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

Mortgages & charges

6
Total charges
2
Outstanding
1
Active lenders
Status:Lender:6 of 6 shown
TypeProperties
outstanding
Robert Roderick Mcintyre and Catriona Arnott Mcintyre
A registered charge1 property23/02/2024
satisfied
Robert Roderick Mcintyre and Catriona Arnott Mcintyre
A registered charge1 property23/02/202420/10/2025
satisfied
Robert Roderick Mcintyre and Catriona Arnott Mcintyre
A registered charge1 property23/02/202420/10/2025
outstanding
Robert Roderick Mcintyre and Catriona Arnott Mcintyre
A registered charge1 property02/10/2023
satisfied
Robert Roderick Mcintyre and Catriona Arnott Mcintyre
A registered charge1 property02/10/202320/10/2025
satisfied
Robert Roderick Mcintyre and Catriona Arnott Mcintyre
A registered charge1 property02/10/202320/10/2025
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (17 total)

mortgage-satisfy-charge-full
mortgage · MR04
2025-10-20
mortgage-satisfy-charge-full
mortgage · MR04
2025-10-20
mortgage-satisfy-charge-full
mortgage · MR04
2025-10-20
mortgage-satisfy-charge-full
mortgage · MR04
2025-10-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-29
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-09
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-02-26
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-02-26
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-02-26
change-account-reference-date-company-previous-extended
accounts · AA01
2024-02-13
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-10-03
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-10-03
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-10-03