LANDFALL SHIPPING COMPANY LIMITED

💤Zombieactive
SC038384 · ltd · incorporated 1963-01-30
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
Upgrade to see
Turnover
year to Dec 2024
Net worth
book net assets
Opportunity
78/100
Strong
🔔
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What this business does
Primary activity: SIC 50200
Sector: Transportation & storage
Investor take
Pursue
Active trading company with a 79-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 79). 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 (73/100).

Data confidence

Overall: medium (79/100)

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
6 officers (2 active, 6 linked, 3 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
90 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31

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 (23 events)Click to expand
  1. 2025-09-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-08-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2023-09-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2022-09-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-09-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2020-03-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2019-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2019-04-30
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  9. 2018-04-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2017-04-28
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  11. 2016-05-31
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  12. 2016-05-06
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2015-06-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2015-05-22
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2014-08-05
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2014-06-02
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2003-12-05
    FREUD, Naomi appointed
    secretary
  18. 2003-12-05
    LEMOS, George James Demetrius resigned
    secretary
  19. 2003-12-05
    LEMOS, George James Demetrius resigned
    director
  20. 1995-12-11
    DAVIDSON, Robert Edward Mackintosh resigned
    secretary
  21. 1995-12-11
    LEMOS, George James Demetrius appointed
    secretary
  22. 1995-12-11
    DAVIDSON, Robert Edward Mackintosh resigned
    director
  23. 1963-01-30
    🏢
    Company incorporated
    As LANDFALL SHIPPING COMPANY LIMITED

Owner dependency

90/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Founder age: Director aged approximately 79 — succession pressure is live.

Succession & seller-readiness

85/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 79 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 63 years old and no new directors in the last 3 years — succession not yet being planned internally.

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
NameSharesVoting rightsNature of controlNotified
Mr David Freud
Individual · British · DOB 12/1947 · age 79
sig. influencesignificant influence06/04/2016

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 →

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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
Incorporated1963-01-30
Jurisdictionscotland
Primary SIC50200 — SIC 50200

Registered office

191 West George Street
Glasgow
G2 2LB

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-05-16
Last: 2025-05-02

Officers (2 active · 4 resigned)

FREUD, Naomi
secretary · appointed 2003-12-05
View their other companies + combined net worth →
Active
FREUD, David
director · ~79y
View their other companies + combined net worth →
Active
DAVIDSON, Robert Edward Mackintosh
secretary · resigned 1995-12-11
Resigned
LEMOS, George James Demetrius
secretary · appointed 1995-12-11 · resigned 2003-12-05
Resigned
DAVIDSON, Robert Edward Mackintosh
director · ~86y · resigned 1995-12-11
Resigned
LEMOS, George James Demetrius
director · ~71y · resigned 2003-12-05
Resigned

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

Recent filings (90 total)

accounts-with-accounts-type-dormant
accounts · AA
2025-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-02
accounts-with-accounts-type-dormant
accounts · AA
2024-08-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-02
accounts-with-accounts-type-dormant
accounts · AA
2023-09-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-05-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-03-04
accounts-with-accounts-type-micro-entity
accounts · AA
2019-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-05-02
change-account-reference-date-company-previous-extended
accounts · AA01
2019-04-30