STREAMLINE SHIPPING AGENCIES LIMITED

🌳Matureactive

SC073938 · ltd · incorporated 1981-02-23

Investment thesis

Established operating company — standard diligence applies, no dominant angle.

Why interesting: Live, filing, normal profile.

Why risky: No standout signals in either direction.

🔒Estimated value

—

Upgrade to see

Turnover

£41.24M

year to Dec 2024

Net worth

—

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: Other transportation support activities

Sector: Transportation & storage

Investor take

Pursue

Leverage-led grower. Family succession underway — not a classic acquisition target.

Opportunity 80/100 (exceptional), bankability 57/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (77/100).

🏦

Refinance opportunity

8 live charges · 4 lenders · oldest 41.1y

45/100

clean up first

Refinance viable after a tidy-up — address the highlighted items first.

· Oldest live charge is 41.1 years old — likely at or near maturity.
· 4 lenders named — inter-creditor friction likely.
· Legal-friction score 40/100 — workable, but lender will want more DD.
· Profitable and stable/growing — lender coverage supportable.

Data confidence

Overall: medium (73/100)

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

1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed

Lenders & charges

8 charges (8/8 with lender, 8/8 with type)

Directors & officers

17 officers (9 active, 17 linked, 13 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

5 connected companies via shared directors

Filing history

138 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →

Opportunity Score

80/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102

Profitable

Profit before tax £1,284,425

Key financials

1 year extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Financials

Extracted from Companies House accounts · FRS 102

Metric	2024-12-31
Turnover	£41.24M
Gross profit	£10.91M
Operating profit	£1.44M
Profit before tax	£1.28M
Average employees	24500

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

4 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

filings

Last 90 days

filing

• 1 officers

Last 180 days

filings

• 1 officers
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (53 events)Click to expand

2026-02-04
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-12-01
➕
ROBERTS, Jonathan Niall Thornill appointed
director
2025-07-15
📄
accounts-with-accounts-type-full
accounts · AA
2024-07-18
📄
accounts-amended-with-accounts-type-full
accounts · AAMD
2024-07-05
📄
accounts-with-accounts-type-full
accounts · AA
2023-08-16
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-07-31
📄
accounts-with-accounts-type-full
accounts · AA
2022-09-06
📄
change-person-director-company-with-change-date
officers · CH01
2022-08-18
📄
accounts-with-accounts-type-full
accounts · AA
2022-03-24
📄
appoint-person-director-company-with-name-date
officers · AP01
2021-09-01
➕
OCKENDON, Evan appointed
director
2021-09-01
📄
accounts-with-accounts-type-full
accounts · AA
2021-07-14
📄
change-person-director-company-with-change-date
officers · CH01
2021-07-14
📄
change-person-director-company-with-change-date
officers · CH01
2021-03-17
📄
termination-director-company-with-name-termination-date
officers · TM01
2021-03-10
➖
MITCHELL, Alan resigned
director
2020-12-31
📄
accounts-with-accounts-type-full
accounts · AA
2020-08-18
📄
termination-director-company-with-name-termination-date
officers · TM01
2020-08-12
➖
MCSPORRAN, James resigned
director
2019-10-04
📄
accounts-with-accounts-type-full
accounts · AA
2019-05-08
📄
appoint-person-director-company-with-name-date
officers · AP01
2019-05-08
📄
termination-director-company-with-name-termination-date
officers · TM01
2019-05-01
➖
CRICHTON, Gareth Logie resigned
director
2019-05-01
➕
MCSPORRAN, James appointed
director
2019-01-29
🔒
Charge registered #9
Lender: Bank of Scotland PLC
2018-01-01
➕
FITCHETT, Allan appointed
director
2017-10-27
➕
DENTONS SECRETARIES LIMITED appointed
corporate-secretary
2017-10-27
➖
MACLAY MURRAY & SPENS LLP resigned
corporate-secretary
2015-08-24
➖
BREMNER, Philip Seymour resigned
director
2011-06-24
🔒
Charge registered #8
Lender: Lloyds Tsb Commercial Finance Limited
2011-04-01
➕
CRICHTON, Gareth Logie appointed
director
2007-10-17
🔒
Charge registered #7
Lender: The Governor and Company of the Bank of Scotland
2007-09-18
➖
IAIN SMITH & COMPANY resigned
corporate-nominee-secretary
2007-09-18
➕
MACLAY MURRAY & SPENS LLP appointed
corporate-secretary
2006-12-18
➕
ADAM, Ian appointed
director
2006-12-18
➕
ROBERTS, Stuart James Thornill appointed
director
2005-06-16
🔓
Charge satisfied #6
2005-06-16
🔓
Charge satisfied #5
2002-11-05
➕
GRAY, Douglas Cowan appointed
director
2001-02-02
➕
ROBERTS, Edward Alexander Thornill appointed
director
1999-01-01
➕
BREMNER, Philip Seymour appointed
director
1996-10-21
🔒
Charge registered #6
Lender: The Governor and Company of the Bank of Scotland
1996-07-24
🔒
Charge registered #5
Lender: The Governor and Company of the Bank of Scotland
1995-09-04
🔒
Charge registered #4
Lender: The Governor and Company of the Bank of Scotland
1993-09-10
🔓
Charge satisfied #1
1993-08-25
🔓
Charge satisfied #2
1992-10-01
➖
ROBERTS, Edward Gordon Thornill resigned
director
1990-08-20
➖
ROBERTS, Edward Stuart Thornill resigned
secretary
1990-08-20
➕
IAIN SMITH & COMPANY appointed
corporate-nominee-secretary
1989-01-26
➕
MITCHELL, Alan appointed
director

Showing most recent 50 of 53 events

Owner dependency

73/100

High — earn-out structure required

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

FACTORS

-8 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 74 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

40/100

Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS

primaryFamily succession underway: Not a takeover target — ROBERTS, Jonathan Niall Thornill (same surname) appointed 2025-12-01. Pattern consistent with intra-family handover.
primaryFounder aged 70+: Senior director is approximately 74 years old. Natural succession window is now.
primary20+ year tenure: Director in role 25 years. Very long tenure is a classic succession signal.
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

medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Streamline Shipping Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Streamline Shipping Group Limited

Corporate parent · holds 75-100% shares · board control

ultimate parent

⬇

STREAMLINE SHIPPING AGENCIES LIMITED

This company · SC073938

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
Streamline Shipping Group 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 →

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CALEY COLD STORE LIMITED→ SC270634 · est 2004	—	—	£3.28M	—	21y	83	73y
ENLIM (SCOTLAND) LTD.→ SC248672 · est 2003	—	—	—	500	22y	83	62y
HARBOUR HAULAGE LIMITED→ SC202822 · est 2000	—	—	£951.9k	—	26y	83	62y
KEITH & DUFFTOWN RAILWAY ASSOCIATION→ SC157099 · est 1995 · no financials extracted	—	—	—	—	31y	83	82y
PREMIER COACHES (KINTORE) LIMITED→ SC364464 · est 2009 · no financials extracted	—	—	—	—	16y	—	—
SEA-CARGO ABERDEEN LIMITED→ SC310601 · est 2006 · no financials extracted	—	—	—	—	19y	—	—
SPACE COURIERS LTD→ SC812221 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
TRABAZ DELIVERY LTD→ SC755597 · est 2023 · no financials extracted	—	—	—	—	3y	—	—
V.G. MATHERS LIMITED→ SC151520 · est 1994 · no financials extracted	—	—	—	—	31y	—	—

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

Incorporated1981-02-23

Jurisdictionscotland

Primary SIC52290 — Other transportation support activities

Registered office

Streamline Terminal

Blaikies Quay

Aberdeen

AB11 5PU

Scotland

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2027-01-14

Last: 2025-12-31