THE DENHOLM LINE STEAMERS LIMITED
🌳Matureactive
SC007292 · ltd · incorporated 1909-10-11
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: SIC 50200
Sector: Transportation & storage
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 72/100 (strong), bankability 72/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 9 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (50/100).
🏦
Refinance opportunity
29 live charges · 9 lenders · oldest 60.5y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 60.5 years old — likely at or near maturity.
- · 9 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (61/100)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
No iXBRL financials extracted
0
Lenders & charges
29 charges (26/29 with lender, 29/29 with type)
88
Directors & officers
11 officers (3 active, 11 linked, 8 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
17 connected companies via shared directors
90
Filing history
154 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
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
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 (91 events)Click to expand
- 2025-10-02📄accounts-with-accounts-type-fullaccounts · AA
- 2024-10-04📄accounts-with-accounts-type-fullaccounts · AA
- 2023-09-26📄accounts-with-accounts-type-fullaccounts · AA
- 2022-10-11📄change-person-director-company-with-change-dateofficers · CH01
- 2022-09-29📄accounts-with-accounts-type-fullaccounts · AA
- 2021-09-21📄accounts-with-accounts-type-fullaccounts · AA
- 2020-12-10📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2020-12-09📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-12-09📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2020-12-09📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-12-02➕DANIELS, Craig David George appointedsecretary
- 2020-12-02➕PRESTON, Simon Luke appointeddirector
- 2020-12-02➖HANSON, Gregory Albert resignedsecretary
- 2020-12-02➖DENHOLM, John Stephen resigneddirector
- 2020-09-22📄accounts-with-accounts-type-fullaccounts · AA
- 2020-08-24📄change-person-director-company-with-change-dateofficers · CH01
- 2019-09-24📄accounts-with-accounts-type-fullaccounts · AA
- 2019-02-07📄change-person-director-company-with-change-dateofficers · CH01
- 2018-09-24📄accounts-with-accounts-type-fullaccounts · AA
- 2017-09-22📄accounts-with-accounts-type-fullaccounts · AA
- 2017-08-29📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2016-02-19🔓Charge satisfied #32
- 2016-02-19🔓Charge satisfied #29
- 2016-02-19🔓Charge satisfied #28
- 2016-02-19🔓Charge satisfied #26
- 2016-02-19🔓Charge satisfied #25
- 2016-02-19🔓Charge satisfied #24
- 2016-02-19🔓Charge satisfied #23
- 2016-02-19🔓Charge satisfied #22
- 2016-02-19🔓Charge satisfied #21
- 2016-02-19🔓Charge satisfied #20
- 2016-02-19🔓Charge satisfied #19
- 2016-02-19🔓Charge satisfied #18
- 2016-02-19🔓Charge satisfied #17
- 2016-02-19🔓Charge satisfied #16
- 2016-02-19🔓Charge satisfied #15
- 2016-02-19🔓Charge satisfied #14
- 2016-02-19🔓Charge satisfied #12
- 2016-02-19🔓Charge satisfied #13
- 2016-02-19🔓Charge satisfied #11
- 2016-02-19🔓Charge satisfied #10
- 2016-02-19🔓Charge satisfied #9
- 2016-02-19🔓Charge satisfied #8
- 2016-02-19🔓Charge satisfied #7
- 2016-02-19🔓Charge satisfied #6
- 2016-02-19🔓Charge satisfied #5
- 2016-02-19🔓Charge satisfied #4
- 2016-02-19🔓Charge satisfied #3
- 2016-02-19🔓Charge satisfied #2
- 2016-02-19🔓Charge satisfied #1
Showing most recent 50 of 91 events
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
51/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondaryStable-but-static management: Company is 117 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
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Denholm Shipping Company Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Denholm Shipping Company Limited
Corporate parent · holds 75-100% shares · board control
⬇
THE DENHOLM LINE STEAMERS LIMITED
This company · SC007292
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Denholm Shipping Company Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
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 →Similar companies
Active · Transport & logistics · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| GRANT MCCRUM COURIER LTD→ SC705215 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| H & R TRANSPORT LTD.→ SC233386 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| H.P. TRANSPORT (SCOTLAND) LTD→ SC488482 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| HEAVY WEIGHT COURIERS LTD→ SC759344 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| HENZOY LIMITED→ SC653577 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| HFO GLASGOW LTD→ SC881598 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| HIPE EZCARAY LTD→ SC811368 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| HOMEBIRD REMOVALS AND STORAGE LTD→ SC766073 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| HOUSTON EXECUTIVE HIRE LTD→ SC677008 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| HOZHANGAW LTD→ SC880190 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| HR 2 TRANSPORT LIMITED→ SC522172 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| HR MARITIME LTD→ SC811650 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated1909-10-11
Jurisdictionscotland
Primary SIC50200 — SIC 50200
Registered office
18 Woodside Crescent
Glasgow
G3 7UL
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-06-28
Last: 2025-06-14
Officers (3 active · 8 resigned)
DANIELS, Craig David George→
Activesecretary · appointed 2020-12-02
View their other companies + combined net worth →
MACLEHOSE, Benjamin Donald Robert→
Activedirector · ~45y · appointed 2016-02-18
View their other companies + combined net worth →
PRESTON, Simon Luke→
Activedirector · ~46y · appointed 2020-12-02
View their other companies + combined net worth →
HANSON, Gregory Albert→
Resignedsecretary · appointed 1999-09-30 · resigned 2020-12-02
PARKER, James Frederick Somerville→
Resignedsecretary · resigned 1999-09-30
BROWN, James David Denholm→
Resigneddirector · ~94y · resigned 2002-10-11
BROWN, John Michael→
Resigneddirector · ~90y · appointed 1992-06-12 · resigned 2004-10-08
DENHOLM, John Stephen→
Resigneddirector · ~70y · resigned 2020-12-02
DENHOLM, John Ferguson, Sir→
Resigneddirector · ~99y · resigned 1998-04-16
FAIRHURST, George Trevor St John→
Resigneddirector · ~80y · appointed 2004-10-08 · resigned 2016-02-18
HANSON, Gregory Albert→
Resigneddirector · ~65y · appointed 2004-10-08 · resigned 2016-02-18
Click a director name to see their full track record across all companies.
Mortgages & charges
29
Total charges
0
Outstanding
0
Active lenders
Status:Lender:29 of 29 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | The Bank of Tokyo-Mitsubishi Ufj, The Bank of Tokyo-Mitsubishi Ufj, LTD | Mortgage of a ship | 1 property | 31/10/2006 | 19/02/2016 | |
| satisfied | The Bank of Tokyo-Mitsubishi as Agent and Trustee for the Lenders The Bank of Tokyo-Mitsubishi Limited as Agent and Trustee for the Lenders | Deed of covenant | 1 property | 15/01/1999 | 19/02/2016 | |
| satisfied | The Bank of Tokyo-Mitsubishi as Agent and Trustee for the Lenders The Bank of Tokyo-Mitsubishi Limited as Agent and Trustee for the Lenders | First priority iom shipping mortgage | 1 property | 15/01/1999 | 19/02/2016 | |
| satisfied | The Bank of Tokyo-Mitsubishi . The Bank of Tokyo-Mitsubishi LTD. | Deed of assignment | 1 property | 29/12/1998 | 19/02/2016 | |
| satisfied | Nippon Yusen Kabushiki Kaisha | Proceeds assignment | 1 property | 29/12/1998 | 19/02/2016 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Deed of covenant | 1 property | 19/04/1982 | 19/02/2016 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Mortgage | 1 property | 19/04/1982 | 19/02/2016 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Financial agreement | 1 property | 23/12/1980 | 19/02/2016 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Deed of covenants | 1 property | 30/06/1977 | 19/02/2016 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Statutory mortgage | 1 property | 30/06/1977 | 19/02/2016 | |
| satisfied | Unknown | Deed of assignment | 1 property | 10/11/1971 | 19/02/2016 | |
| satisfied | Morgan Grenfell & Co. Morgan Grenfell & Co. LTD | Deed of covenant | 1 property | 10/11/1971 | 19/02/2016 | |
| satisfied | Morgan Grenfell & Co Morgan Grenfell & Co LTD | Statutory mortgage | 1 property | 10/11/1971 | 19/02/2016 | |
| satisfied | Morgan Grenfell & Co Morgan Grenfell & Co LTD | Deed of assignment | 1 property | 10/11/1971 | 19/02/2016 | |
| satisfied | Morgan Grenfell & Co Morgan Grenfell & Co LTD | Deed of covenant | 1 property | 10/11/1971 | 19/02/2016 | |
| satisfied | Morgan Grenfell & Co Morgan Grenfell & Co LTD | Statutory mortgage | 1 property | 10/11/1971 | 19/02/2016 | |
| satisfied | Morgan Grenfell & Co Morgan Grenfell & Co LTD | Bond & assignation in security | 1 property | 24/02/1971 | 19/02/2016 | |
| satisfied | Morgan Grenfell & Co Morgan Grenfell & Co LTD | Financial agreement | 1 property | 23/02/1971 | 19/02/2016 | |
| satisfied | Unknown | Statutory mortgage & deed of covenant | 1 property | 03/09/1969 | 19/02/2016 | |
| satisfied | Unknown | Statutory mortgage & deed of covenant | 1 property | 03/09/1969 | 19/02/2016 | |
| satisfied | Morgan Grenfell & Co. Morgan Grenfell & Co. LTD | Statutory mortgage & deed of covenant | 1 property | 03/09/1969 | 19/02/2016 | |
| satisfied | Glyn Mills & Co | Deed of assignment | 1 property | 03/09/1969 | 19/02/2016 | |
| satisfied | Glyn Mills & Co | Deed of covenant | 1 property | 03/09/1969 | 19/02/2016 | |
| satisfied | Glyn Mills & Co | Statutory mortgage | 1 property | 03/09/1969 | 19/02/2016 | |
| satisfied | Glyn Mills & Co | Financial agreement | 1 property | 12/11/1968 | 19/02/2016 | |
| satisfied | Glyn Mills & Co | Bond & assignation in security | 1 property | 12/11/1968 | 19/02/2016 | |
| satisfied | The Board of Trade | Deed of covenant | 1 property | 11/11/1965 | 19/02/2016 | |
| satisfied | The Board of Trade | Statutory mortgage | 1 property | 11/11/1965 | 19/02/2016 | |
| satisfied | The Board of Trade | Statutory mortgage | 1 property | 11/11/1965 | 19/02/2016 |
Recent filings (154 total)
accounts-with-accounts-type-full
accounts · AA
2025-10-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-17
accounts-with-accounts-type-full
accounts · AA
2024-10-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-17
accounts-with-accounts-type-full
accounts · AA
2023-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-19
change-person-director-company-with-change-date
officers · CH01
2022-10-11
accounts-with-accounts-type-full
accounts · AA
2022-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-16
accounts-with-accounts-type-full
accounts · AA
2021-09-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-22
appoint-person-secretary-company-with-name-date
officers · AP03
2020-12-10
termination-director-company-with-name-termination-date
officers · TM01
2020-12-09
termination-secretary-company-with-name-termination-date
officers · TM02
2020-12-09
appoint-person-director-company-with-name-date
officers · AP01
2020-12-09