CAIRNTY FARMS LTD

🌿Early-stageactive
SC761313 · ltd · incorporated 2023-03-07
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
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Turnover
year to Mar 2025
Net worth
£-157.1k
book net assets
Opportunity
62/100
Worth a look
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What this business does
Primary activity: SIC 01500
Sector: Agriculture, forestry & fishing
ALSO REGISTERED FOR
  • 55209Other holiday and other collective accommodation
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 62/100 (worth a look), bankability 60/100. 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 -84% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: distressed disposal / insolvency (65/100).

Data confidence

Overall: medium (76/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

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
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
8 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
62/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
50
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £157,123
Cash draining
Cash down 84% YoY
Cash YoY
-84%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£364
↓ 84% YoY
Net Worth
-£157k
↓ 93% YoY
Current Assets
£364
↓ 98% YoY
Current Liabilities
-£157k-£122k-£88k-£53k-£18k£16kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£-157.1k£-81.2k
Current assets£364£16.2k
Cash£364£2.3k
Debtors£13.9k
Net assets£-157.1k£-81.2k

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 (9 events)Click to expand
  1. 2025-06-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-03-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2025-03-15
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  4. 2025-02-04
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  5. 2023-09-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2023-03-07
    🏢
    Company incorporated
    As CAIRNTY FARMS LTD
  7. 2023-03-07
    ELLERBECK, Cerys Helen appointed
    director
  8. 2023-03-07
    ELLERBECK, Jonathan Mark Denison appointed
    director
  9. 2023-03-07
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

66/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-03-20

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Jonathan Mark Denison Ellerbeck
Individual · British · DOB 12/1976 · age 50
2550%
25–50%board control25-50% shares · 25-50% voting · board control07/03/2023
Mrs Cerys Helen Ellerbeck
Individual · British · DOB 05/1978 · age 48
2550%
25–50%board control25-50% shares · 25-50% voting · board control07/03/2023

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
Incorporated2023-03-07
Jurisdictionscotland
Primary SIC01500 — SIC 01500

Registered office

Cairnty House
Orton
Fochabers
Moray
IV32 7QQ
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-03-20OVERDUE
Last: 2025-03-06

Officers (2 active · 0 resigned)

ELLERBECK, Cerys Helen
director · ~48y · appointed 2023-03-07
View their other companies + combined net worth →
Active
ELLERBECK, Jonathan Mark Denison
director · ~50y · appointed 2023-03-07
View their other companies + combined net worth →
Active

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

Recent filings (8 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-27
gazette-filings-brought-up-to-date
gazette · DISS40
2025-03-15
gazette-notice-compulsory
gazette · GAZ1
2025-02-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-09
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-09-05
incorporation-company
incorporation · NEWINC
2023-03-07