ANDREW WEIR SHIPPING LIMITED
Opportunity 50/100 (worth a look), bankability 47/100. Strong seller-intent signal (80/100, director aged 71). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 13 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: asset disposal / carve-out (45/100). Current lenders should be on monthly review.
Refinance opportunity
78 live charges · 13 lenders · oldest 54.6y
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 54.6 years old — likely at or near maturity.
- · 13 lenders named — inter-creditor friction likely.
- · Legal-friction score 65/100 (specialist).
Data confidence
Overall: low (53/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Recent activity
Corporate timeline (225 events)Click to expand
- 2016-12-05⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2016-12-05🏁Company dissolved
- 2016-09-05⚠️liquidation-in-administration-move-to-dissolution-scotlandinsolvency · 2.26B(Scot)
- 2016-09-05⚠️liquidation-in-administration-progress-report-scotlandinsolvency · 2.20B(Scot)
- 2016-06-16⚠️liquidation-in-administration-progress-report-scotlandinsolvency · 2.20B(Scot)
- 2015-12-22⚠️liquidation-in-administration-progress-report-scotlandinsolvency · 2.20B(Scot)
- 2015-10-22⚠️liquidation-in-administration-progress-report-scotlandinsolvency · 2.20B(Scot)
- 2015-10-22⚠️liquidation-in-administration-extension-of-period-scotlandinsolvency · 2.22B(Scot)
- 2015-06-22⚠️liquidation-in-administration-progress-report-scotlandinsolvency · 2.20B(Scot)
- 2015-02-12📄legacyliquidation · 2.18B(Scot)
- 2015-01-19⚠️liquidation-in-administration-proposals-scotlandinsolvency · 2.16B(Scot)
- 2014-12-16📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2014-12-15⚠️liquidation-in-administration-notice-of-statement-of-affairs-scotland-with-form-attachedinsolvency · 2.15B(Scot)
- 2014-12-08⚠️liquidation-in-administration-appointment-of-administrator-scotlandinsolvency · 2.11B(Scot)
- 2014-05-21📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-09-30📄accounts-with-accounts-type-groupaccounts · AA
- 2013-05-24📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-06-25📄accounts-with-accounts-type-groupaccounts · AA
- 2012-05-29📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-07-07📄accounts-with-accounts-type-groupaccounts · AA
- 2011-05-20📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-04-12📄appoint-person-secretary-company-with-nameofficers · AP03
- 2010-09-17📄accounts-with-accounts-type-groupaccounts · AA
- 2010-09-15📄termination-director-company-with-nameofficers · TM01
- 2010-09-15📄termination-director-company-with-nameofficers · TM01
- 2010-08-31➖PARKER, Michael George resigneddirector
- 2010-07-02📄appoint-person-director-company-with-nameofficers · AP01
- 2010-06-30➕WALTERS, Nicholas John appointedsecretary
- 2010-06-30➖HAMILTON, Graham resignedsecretary
- 2010-06-30➖HAMILTON, Graham resigneddirector
- 2010-06-30➖JONES, Adrian Ford resigneddirector
- 2010-06-29➕WALTERS, Nicholas John Cordeaux appointeddirector
- 2010-06-02🔓Charge satisfied #101
- 2010-06-02🔓Charge satisfied #100
- 2010-06-02🔓Charge satisfied #103
- 2010-06-02🔓Charge satisfied #102
- 2008-06-11🔓Charge satisfied #89
- 2008-05-30🔓Charge satisfied #90
- 2008-05-30🔓Charge satisfied #88
- 2008-04-30🔒Charge registered #101Lender: Barclays Bank PLC
- 2008-04-30🔒Charge registered #100Lender: Barclays Bank PLC
- 2008-04-28🔒Charge registered #103Lender: Barclays Bank PLC
- 2008-04-28🔒Charge registered #102Lender: Barclays Bank PLC
- 2005-09-30➖RUNCIMAN, Walter Garrison, Viscount resigneddirector
- 2004-04-29🔓Charge satisfied #99
- 2004-04-29🔓Charge satisfied #98
- 2004-04-29🔓Charge satisfied #97
- 2004-04-29🔓Charge satisfied #96
- 2004-04-29🔓Charge satisfied #95
- 2004-04-29🔓Charge satisfied #94
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 26 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 71 — succession pressure is live.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 26 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 121 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
2 high · 1 med ·Company has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2016-12-05
Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2016-12-05: gazette-dissolved-liquidation; 2016-09-05: liquidation-in-administration-move-to-dissolution-scotland
Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
Active · Transport & logistics · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| CARNTYNE TRANSPORT COMPANY LIMITED→ SC032077 · est 1957 | £18.37M £13.78M–£22.96M | — | — | 342 | 69y | 88 | 89y |
| STEDER GROUP (UK) LIMITED→ SC514277 · est 2015 | £13.09M £9.82M–£16.37M | — | — | 64 | 10y | 85 | 59y |
| TBR GLOBAL LIMITED→ SC466687 · est 2014 | £7.53M £5.65M–£9.42M | — | — | 23 | 12y | 83 | 63y |
| ACCIDON'T LIMITED→ SC196265 · est 1999 | £1.85M £1.38M–£2.31M | — | — | 8 | 27y | 82 | 61y |
| AIR CHARTER SCOTLAND LIMITED→ SC303971 · est 2006 | — | — | £574.2k | — | 19y | 83 | 65y |
| B & G CONTRACTS LIMITED→ SC254571 · est 2003 | — | — | £600.0k | — | 22y | 83 | 71y |
| GARELOCHHEAD MINIBUSES & COACHES LTD.→ SC203633 · est 2000 | — | — | — | 3400 | 26y | 83 | 60y |
| ABBEY COACHES LTD.→ SC215576 · est 2001 | — | — | — | 2000 | 25y | 82 | 73y |
| ALBATRANS (UK) LIMITED→ SC250946 · est 2003 | — | — | £3.84M | — | 22y | 82 | 69y |
| ALEXANDER MARITIME LTD.→ SC276276 · est 2004 | — | — | £3.8k | — | 21y | 82 | 71y |
| AMS SCOTLAND LIMITED→ SC312105 · est 2006 | — | — | — | 1100 | 19y | 82 | 78y |
| AVIATION WEST LIMITED→ SC130129 · est 1991 | — | — | £74.5k | — | 35y | 82 | 73y |
10 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 →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
Registered office
Filing status
Officers (0 active · 23 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Barclays Barclays Bank PLC | Mortgage | 1 property | 30/04/2008 | 02/06/2010 | |
| satisfied | Barclays Barclays Bank PLC | Deed of covenant | 1 property | 30/04/2008 | 02/06/2010 | |
| satisfied | Barclays Barclays Bank PLC | Charter assignment | 1 property | 28/04/2008 | 02/06/2010 | |
| satisfied | Barclays Barclays Bank PLC | Account charge | 1 property | 28/04/2008 | 02/06/2010 | |
| satisfied | Vereins-Und Westbank Aktiengesellschaft | Ship mortgage | 1 property | 14/12/2001 | 29/04/2004 | |
| satisfied | Vereins-Und Westbank Aktiengesellschaft | Ship mortgage | 1 property | 14/12/2001 | 29/04/2004 | |
| satisfied | Vereins-Und Westbank Aktiengesellschaft | Ship mortgage | 1 property | 14/12/2001 | 29/04/2004 | |
| satisfied | Vereins-Und Westbank Aktiengesellschaft and Another | Deed of assignment | 1 property | 14/12/2001 | 29/04/2004 | |
| satisfied | Vereins-Und Westbank Aktiengesellschaft and Another | Deed of assignment | 1 property | 14/12/2001 | 29/04/2004 | |
| satisfied | Vereins-Und Westbank Aktiengesellschaft and Another | Deed of assignment | 1 property | 14/12/2001 | 29/04/2004 | |
| satisfied | Vereins-Und Westbank Aktiengesellschaft and Another | Deed of covenants | 1 property | 14/12/2001 | 29/04/2004 | |
| satisfied | Vereins-Und Westbank Aktiengesellschaft and Another | Deed of covenants | 1 property | 14/12/2001 | 29/04/2004 | |
| satisfied | Vereins-Und Westbank Aktiengesellschaft and Another | Deed of covenants | 1 property | 14/12/2001 | 29/04/2004 | |
| satisfied | Landesbank Schleswig-Holstein Girozentrale | First priority statutory ship mortgage | 1 property | 21/03/2001 | 30/05/2008 | |
| satisfied | Landesbank Schleswig-Holstein Girozentrale | Earnings assignment agreement | 1 property | 21/03/2001 | 11/06/2008 | |
| satisfied | Landesbank Schleswig-Holstein Girozentrale | Deed of covenant | 1 property | 21/03/2001 | 30/05/2008 | |
| satisfied | Nedship Bank N.V. | Deed of covenant | 1 property | 23/12/1999 | 29/05/2001 | |
| satisfied | Nedship Bank N.V. | Deed of covenant | 1 property | 23/12/1999 | 29/05/2001 | |
| satisfied | Nedship Bank N.V. | Deed of convenant | 1 property | 23/12/1999 | 29/05/2001 | |
| satisfied | Nedship Bank N.V. | Deed of covenant | 1 property | 23/12/1999 | 29/05/2001 | |
| satisfied | Nedship Bank N.V. | Mortgage | 1 property | 23/12/1999 | 29/05/2001 | |
| satisfied | Nedship Bank N.V. | Mortgage | 1 property | 23/12/1999 | 29/05/2001 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Deed of assignment | 1 property | 21/12/1998 | 30/03/2004 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Deed of covenant | 1 property | 21/12/1998 | 30/03/2004 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | First priority statutory mortgage | 1 property | 21/12/1998 | 30/03/2004 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Deed of assignment | 1 property | 21/12/1998 | 19/10/2000 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Deed of covenant | 1 property | 21/12/1998 | 19/10/2000 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | First priority statutory mortgage | 1 property | 21/12/1998 | 19/10/2000 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 03/06/1998 | 19/12/2001 | |
| satisfied | Landesbank Schleswig-Holstein Girozentrale | Earnings assignment | 1 property | 17/11/1997 | 29/05/2001 | |
| satisfied | Nederlandse Scheepshypotheekbank N.V. | Mortgage | 1 property | 23/09/1997 | 19/10/2000 | |
| satisfied | Nederlandse Scheepshypotheekbank N.V. | Mortgage | 1 property | 23/09/1997 | 19/10/2000 | |
| satisfied | Nederlandse Scheepshypotheekbank N.V. | Deed of covenant | 1 property | 23/09/1997 | 19/10/2000 | |
| satisfied | Nederlandse Sheepshypotheekbank N.V. | Deed of covenant | 1 property | 23/09/1997 | 19/10/2000 | |
| satisfied | Vereins-Und Westbank Aktiengesellschaft and Another | Deed of covenants | 1 property | 24/08/1995 | 19/10/2000 | |
| satisfied | Vereins-Und Westbank Aktiengesellschaft and Another | Mortgage | 1 property | 24/08/1995 | 19/10/2000 | |
| satisfied | Vereins-Und Westbank Aktiengesellschaft and Another | Deed of assignment | 1 property | 24/08/1995 | 29/05/2001 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Statutory mortgage | 1 property | 30/12/1992 | 04/05/1994 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Statutory mortgage | 1 property | 30/12/1992 | 04/05/1994 | |
| satisfied | Nederlandse Scheepshypotheekbank N.V. | First priority statutory mortgage | 1 property | 23/12/1992 | 19/10/2000 | |
| satisfied | Derlandse Scheepshypotheekbank N.V. | First priority statutory mortgage | 1 property | 23/12/1992 | 19/10/2000 | |
| satisfied | Nederlandse Scheepshypotheekbank N.V. | Deed of covenant | 1 property | 23/12/1992 | 19/10/2000 | |
| satisfied | Nederlandse Scheepshypotheekbank N.V. | Deed of covenant | 1 property | 23/12/1992 | 19/10/2000 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Deed of covenants | 1 property | 23/12/1992 | 04/05/1994 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Deed of covenants | 1 property | 23/12/1992 | 04/05/1994 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Mortgage | 1 property | 04/09/1992 | 04/05/1994 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Mortgage | 1 property | 04/09/1992 | 04/05/1994 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Mortgage | 1 property | 04/09/1992 | 04/05/1994 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Mortgage | 1 property | 04/09/1992 | 29/08/1996 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Mortgage | 1 property | 04/09/1992 | 19/10/2000 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Mortgage | 1 property | 04/09/1992 | 04/05/1994 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Mortgage | 1 property | 04/09/1992 | 04/05/1994 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Mortgage | 1 property | 04/09/1992 | 04/05/1994 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Mortgage | 1 property | 04/09/1992 | 04/05/1994 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Mortgage | 1 property | 04/09/1992 | 19/10/2000 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Deed of covenants | 1 property | 04/09/1992 | 04/05/1994 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Deed of covenants | 1 property | 04/09/1992 | 04/05/1994 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Deed of covenants | 1 property | 04/09/1992 | 19/10/2000 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Deed of covenants | 1 property | 04/09/1992 | 04/05/1994 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Deed of covenants | 1 property | 04/09/1992 | 04/05/1994 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Deed of covenants | 1 property | 04/09/1992 | 04/05/1994 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Deed of covenants | 1 property | 04/09/1992 | 19/10/2000 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Deed of covenants | 1 property | 04/09/1992 | 19/10/2000 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Deed of covenants | 1 property | 04/09/1992 | 29/08/1996 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Deed of covenants | 1 property | 04/09/1992 | 04/05/1994 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Deed of covenants | 1 property | 04/09/1992 | 04/05/1994 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Mortgage | 1 property | 04/09/1992 | 19/10/2000 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Floating charge | 1 property | 28/08/1992 | 03/06/1994 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Deed of covenant | 1 property | 30/04/1991 | 19/10/2000 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | 1ST priority statutory mortgages | 1 property | 30/04/1991 | 29/05/2001 | |
| satisfied | Nederlandse Scheepshypotheekbank Nv | 2ND priority statutory mortgage | 1 property | 01/02/1988 | 31/07/1992 | |
| satisfied | Nederlandse Scheepshypothebank N.V | Deed of covenant | 1 property | 29/01/1988 | 06/11/1992 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Deed of covenant | 1 property | 16/07/1980 | 04/02/1982 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Financial agreement | 1 property | 04/11/1977 | 19/10/2000 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Statutory mortgage deed of covenant | 1 property | 28/06/1974 | 19/10/2000 | |
| satisfied | Unknown | Statutory mortgage | 1 property | 28/06/1974 | 19/10/2000 | |
| satisfied | Midland Bank Midland Bank PLC | Financial agreement | 1 property | 26/10/1971 | 24/11/1992 | |
| satisfied | Midland Bank Midland Bank PLC | Financial agreement | 1 property | 26/10/1971 | 27/10/1992 |