C.T. SHETLAND (T.M.) LIMITED

💤Zombieactive
SC072648 · ltd · incorporated 1980-09-29
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
—
not disclosed
Net worth
—
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pursue
Active trading company with a 68-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 68). 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: low (54/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
24 officers (1 active, 24 linked, 18 with DOB)
85
Ownership & PSC
11 active PSC(s) of 18 total, 18 with control declared
90
Director network
Network not yet resolved
30
Filing history
150 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.

Recent activity

Last 30 days
1
filing
  • • 1 confirmation-statement
Last 90 days
1
filing
  • • 1 confirmation-statement
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (64 events)Click to expand
  1. 2025-10-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-10-03
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  3. 2025-06-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2025-06-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2025-06-03
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  6. 2025-06-01
    ➕
    RISK, Robert Neil appointed
    director
  7. 2025-05-31
    ➖
    ROBERTS, Margaret Inez resigned
    director
  8. 2025-02-20
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  9. 2024-10-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2023-12-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2023-08-31
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  12. 2023-08-31
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  13. 2023-06-09
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  14. 2023-06-09
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  15. 2023-06-09
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  16. 2023-06-09
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  17. 2022-09-13
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2022-09-08
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  19. 2022-09-08
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  20. 2022-09-07
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  21. 2022-09-07
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  22. 2022-09-07
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  23. 2022-09-07
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  24. 2022-06-14
    ➖
    GARRIOCK, Jolene Margaret Ann resigned
    director
  25. 2022-06-14
    ➕
    ROBERTS, Margaret Inez appointed
    director
  26. 2019-06-01
    ➕
    GARRIOCK, Jolene Margaret Ann appointed
    director
  27. 2019-05-31
    ➖
    MASSEY, Keith Ian resigned
    director
  28. 2013-07-31
    ➖
    GODDARD, Jeffrey Paul resigned
    secretary
  29. 2013-05-23
    ➖
    GRAINS, Florence Barbara resigned
    director
  30. 2013-05-23
    ➖
    HENRY, James Herculson resigned
    director
  31. 2013-05-23
    ➖
    MANSON, William Henry resigned
    director
  32. 2013-05-23
    ➕
    MASSEY, Keith Ian appointed
    director
  33. 2011-09-28
    ➖
    HAWKINS, Iris Jean resigned
    director
  34. 2007-05-30
    ➕
    HENRY, James Herculson appointed
    director
  35. 2007-05-30
    ➕
    MANSON, William Henry appointed
    director
  36. 2007-05-30
    ➖
    STOVE, Thomas William resigned
    director
  37. 2007-05-30
    ➖
    TAIT, William resigned
    director
  38. 2004-01-27
    ➕
    GODDARD, Jeffrey Paul appointed
    secretary
  39. 2004-01-27
    ➖
    DOWLE SMITH & RUTHERFORD resigned
    corporate-secretary
  40. 2003-05-22
    ➖
    ANDERSON, Robert James resigned
    director
  41. 2003-05-22
    ➖
    BLACK, Robert Irvine resigned
    director
  42. 2003-05-22
    ➕
    GRAINS, Florence Barbara appointed
    director
  43. 2003-05-22
    ➕
    HAWKINS, Iris Jean appointed
    director
  44. 1999-07-08
    ➕
    ANDERSON, Robert James appointed
    director
  45. 1999-07-08
    ➕
    BLACK, Robert Irvine appointed
    director
  46. 1999-07-08
    ➖
    MANSON, William Henry resigned
    director
  47. 1999-07-08
    ➖
    SCOTT, John Hamilton resigned
    director
  48. 1999-07-08
    ➖
    SMITH, Lewis Shand, Canon resigned
    director
  49. 1999-07-08
    ➕
    STOVE, Thomas William appointed
    director
  50. 1994-07-15
    ➖
    DOWLE SMITH & RUTHERFORD resigned
    corporate-secretary
Showing most recent 50 of 64 events

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 68 — succession pressure is live.

Succession & seller-readiness

65/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

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

11 active beneficial owners · dominant holder ≥75% · fragmented
NameSharesVoting rightsNature of controlNotified
Mr Andrew Graham Turnbull
Individual · British · DOB 08/1985 · age 41
75–100%
75–100%board control75-100% shares · 75-100% voting · board control05/06/2025
Mr Robert Neil Risk
Individual · British · DOB 02/1958 · age 68
75–100%
75–100%board control75-100% shares · 75-100% voting · board control08/08/2023
Mr James Thomas Nicolson
Individual · British · DOB 06/1960 · age 66
75–100%
75–100%board control75-100% shares · 75-100% voting · board control08/08/2023
Dr Beth Mouat
Individual · British · DOB 09/1976 · age 50
75–100%
75–100%board control75-100% shares · 75-100% voting · board control01/06/2023
Ewen James Adamson
Individual · British · DOB 04/1986 · age 40
75–100%
75–100%board control75-100% shares · 75-100% voting · board control14/06/2022
Susan Marie Gray
Individual · British · DOB 03/1966 · age 60
75–100%
75–100%board control75-100% shares · 75-100% voting · board control14/06/2022
Ryan John Stevenson
Individual · British · DOB 01/1993 · age 33
75–100%
75–100%board control75-100% shares · 75-100% voting · board control14/06/2022
Aaron Patrick Ferguson
Individual · Irish · DOB 08/1986 · age 40
75–100%
75–100%board control75-100% shares · 75-100% voting · board control14/06/2022
Robert Magnus Leask
Individual · British · DOB 03/1966 · age 60
75–100%
75–100%board control75-100% shares · 75-100% voting · board control01/06/2019
Ryan Charles Leith
Individual · British · DOB 05/1972 · age 54
75–100%
75–100%board control75-100% shares · 75-100% voting · board control01/06/2019
Emma Miller
Individual · British · DOB 08/1979 · age 47
75–100%
75–100%board control75-100% shares · 75-100% voting · board control01/06/2019
7 historic (ceased) PSCs
  • Kenneth Harrisonceased 31/05/2023· 75-100% shares · 75-100% voting · board control
  • Jolene Margaret Ann Garriockceased 14/06/2022· significant influence
  • Ms Yvette Claire Hopkinsceased 10/01/2025· 75-100% shares · 75-100% voting · board control
  • Margaret Inez Robertsceased 31/05/2025· 75-100% shares · 75-100% voting · board control
  • Mr Keith Ian Masseyceased 31/05/2019· significant influence
  • Ian Ramsay Napierceased 31/05/2023· 75-100% shares · 75-100% voting · board control
  • Andrew Boyson Cooperceased 31/05/2023· 75-100% shares · 75-100% voting · board control

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
Incorporated1980-09-29
Jurisdictionscotland
Primary SIC99999 — SIC 99999

Registered office

22-24 North Road
Lerwick
Shetland
ZE1 0NQ

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-14
Last: 2026-03-31

Officers (1 active · 23 resigned)

RISK, Robert Neil→
director · ~68y · appointed 2025-06-01
View their other companies + combined net worth →
Active
CORNICK, James→
secretary · appointed 1991-03-22 · resigned 1992-08-07
Resigned
GODDARD, Jeffrey Paul→
secretary · appointed 2004-01-27 · resigned 2013-07-31
Resigned
GREEN, Malcolm Eric→
secretary · appointed 1990-01-01 · resigned 1991-03-22
Resigned
D.W. COMPANY SERVICES LIMITED→
corporate-secretary · resigned 1990-01-01
Resigned
DOWLE SMITH & RUTHERFORD→
corporate-secretary · appointed 1993-07-01 · resigned 2004-01-27
Resigned
DOWLE SMITH & RUTHERFORD→
corporate-secretary · appointed 1993-07-01 · resigned 1994-07-15
Resigned
ANDERSON, Robert James→
director · ~90y · appointed 1999-07-08 · resigned 2003-05-22
Resigned
ANDERSON, William Archibald→
director · ~107y · resigned 1994-07-15
Resigned
BLACK, Robert Irvine→
director · ~94y · appointed 1999-07-08 · resigned 2003-05-22
Resigned
GARRIOCK, Jolene Margaret Ann→
director · ~43y · appointed 2019-06-01 · resigned 2022-06-14
Resigned
GRAINS, Florence Barbara→
director · ~94y · appointed 2003-05-22 · resigned 2013-05-23
Resigned
GROAT, Leonard George→
director · ~89y · resigned 1994-07-15
Resigned
HAWKINS, Iris Jean→
director · ~80y · appointed 2003-05-22 · resigned 2011-09-28
Resigned
HENRY, James Herculson→
director · ~89y · appointed 2007-05-30 · resigned 2013-05-23
Resigned
MANSON, William Henry→
director · ~83y · appointed 2007-05-30 · resigned 2013-05-23
Resigned
MANSON, William Henry→
director · ~83y · appointed 1994-07-15 · resigned 1999-07-08
Resigned
MASSEY, Keith Ian→
director · ~69y · appointed 2013-05-23 · resigned 2019-05-31
Resigned
ROBERTS, Margaret Inez→
director · ~64y · appointed 2022-06-14 · resigned 2025-05-31
Resigned
SCOTT, John Hamilton→
director · ~90y · appointed 1994-07-15 · resigned 1999-07-08
Resigned

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

Recent filings (150 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-21
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-10-03
appoint-person-director-company-with-name-date
officers · AP01
2025-06-03
termination-director-company-with-name-termination-date
officers · TM01
2025-06-03
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-06-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-02
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-02-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-07
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-08-31
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-08-31
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-06-09
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-06-09