SHETLAND-NORSE FISH FARM LIMITED
⚰️Wound downdissolved
SC083742 · ltd · incorporated 1983-06-29
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
What changed my view
Last 30 days
No material changes in the last 30 days.
Last 90 days
No snapshot from 90 days ago — start tracking from today.
Last 180 days
No snapshot from 180 days ago — start tracking from today.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
59/100
Worth a look
What this business does
Primary activity: SIC 0502
Sector: Mining & quarrying
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 59/100 (worth a look), bankability 72/100. Strong seller-intent signal (73/100, director aged 72). Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
6 live charges · 5 lenders · oldest 41.9y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 41.9 years old — likely at or near maturity.
- · 5 lenders named — inter-creditor friction likely.
- · Legal-friction score 30/100 — workable, but lender will want more DD.
Data confidence
Overall: low (50/100)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
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
18 officers (2 active, 18 linked, 15 with DOB)
87
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
5 connected companies via shared directors
60
Filing history
102 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
59/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
59
Some moderate concerns — review 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 (68 events)Click to expand
- 2015-04-10📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2015-04-10🏁Company dissolved
- 2014-12-19📄gazette-notice-voluntarygazette · GAZ1(A)
- 2014-12-02📄dissolution-application-strike-off-companydissolution · DS01
- 2014-03-31📄termination-director-company-with-name-termination-dateofficers · TM01
- 2014-03-31📄termination-director-company-with-name-termination-dateofficers · TM01
- 2014-03-31📄appoint-person-director-company-with-name-dateofficers · AP01
- 2014-03-31📄resolutionresolution · RESOLUTIONS
- 2014-03-20➕LOW, Douglas Robert Duncan appointeddirector
- 2014-03-20➖MORALES, Francisco Miranda resigneddirector
- 2014-03-20➖WILLIAMS, Peter Clifford resigneddirector
- 2014-03-03📄legacyrestoration · AC93
- 2008-02-15📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2007-10-26📄gazette-notice-voluntarygazette · GAZ1(A)
- 2007-09-13📄legacydissolution · 652a
- 2007-05-01📄legacyofficers · 288a
- 2007-04-20📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2007-04-20📄legacyofficers · 288b
- 2007-01-31➕MORALES, Francisco Miranda appointeddirector
- 2007-01-31➖TAIT, Michael Laurence resigneddirector
- 2006-10-26📄legacyofficers · 288c
- 2006-10-13📄legacyannual-return · 363s
- 2006-04-24📄accounts-with-made-up-dateaccounts · AA
- 2006-03-22📄legacyofficers · 288a
- 2006-03-14📄legacyofficers · 288b
- 2006-01-25➖HERRERA, Luis Javier resigneddirector
- 2006-01-25➕TAIT, Michael Laurence appointeddirector
- 2005-11-07📄legacyannual-return · 363s
- 2005-04-30📄accounts-with-made-up-dateaccounts · AA
- 2004-09-27📄legacyannual-return · 363s
- 2004-07-23📄legacyofficers · 288b
- 2004-07-23📄legacyofficers · 288b
- 2004-06-29➖MURRAY, Robert Russell resigneddirector
- 2004-06-29➖OVERTON, Dennis Karl resigneddirector
- 2004-06-28📄legacyofficers · 288a
- 2004-06-18➕HERRERA, Luis Javier appointeddirector
- 2002-03-27🔓Charge satisfied #10
- 2002-02-26➕MURRAY, Robert Russell appointeddirector
- 2002-02-26➕OVERTON, Dennis Karl appointeddirector
- 2002-01-16➖MEAKIN, Nicholas St John resigneddirector
- 2001-03-30🔓Charge satisfied #4
- 2000-11-21➕CHRISTIE, John Alexander appointedsecretary
- 2000-11-21➖PETERSON, Eric Spence resignedsecretary
- 2000-11-21➖AGUSTSSON, Haraldur resigneddirector
- 2000-11-21➖ALFREDSSON, Agust resigneddirector
- 2000-11-21➖KRANTZ, Pal resigneddirector
- 2000-11-21➕MEAKIN, Nicholas St John appointeddirector
- 2000-11-21➖OFFERDAL, Kare resigneddirector
- 2000-11-21➖PETRIE, William Angus resigneddirector
- 2000-11-21➕WILLIAMS, Peter Clifford appointeddirector
Showing most recent 50 of 68 events
Owner dependency
90/100
Critical — business is the founderThe 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 72 — succession pressure is live.
Succession & seller-readiness
98/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 72 years old. Natural succession window is now.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 12 years.
- secondaryStable-but-static management: Company is 43 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 high · 1 med ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2015-04-10
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
🔒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
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|---|---|---|---|---|---|---|---|
| HALSPAN LIMITED→ SC194458 · est 1999 | £6.37M £4.95M–£7.78M | — | — | — | 27y | 83 | 77y |
| HAD-FAB LIMITED→ SC142257 · est 1993 | £1.76M £1.37M–£2.15M | — | — | 14400 | 33y | 85 | 60y |
| SPRING ENGINEERING SERVICES LIMITED→ SC220378 · est 2001 | £1.49M £1.16M–£1.83M | — | — | 3800 | 24y | 87 | 74y |
| WINDOW SUPPLY COMPANY LTD→ SC615256 · est 2018 | £699.9k £544.4k–£855.4k | — | — | 182 | 7y | 84 | 72y |
| EUROSTAMPA UK LTD→ SC024552 · est 1946 | £218.8k £170.2k–£267.5k | — | — | 200 | 79y | 85 | 83y |
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| BAWBAGS LIMITED→ SC321771 · est 2007 | — | — | — | 6 | 19y | 83 | 65y |
| CANMORE PIPE BAGS LIMITED→ SC362533 · est 2009 | — | — | £53.5k | — | 16y | 83 | 58y |
| CASTLE MASONRY PRODUCTS LIMITED→ SC225802 · est 2001 | — | — | — | 18 | 24y | 83 | 62y |
| CIPHER SURGICAL LIMITED→ SC378738 · est 2010 | — | — | — | 4 | 16y | 83 | 84y |
| CLOCKHOUSE FURNITURE LIMITED→ SC281686 · est 2005 | — | — | £778.1k | — | 21y | 83 | 75y |
| HALSTON ENGINEERING LTD→ SC066605 · est 1978 | — | — | — | 600 | 47y | 83 | 61y |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Statusdissolved
Typeltd
Incorporated1983-06-29
Jurisdictionscotland
Primary SIC0502 — SIC 0502
Registered office
16 Charlotte Square
Edinburgh
EH2 4DF
Filing status
Accounts
Next due: —
Last made up to: 2006-06-30
Confirmation statement
Next due: —
Last: —
Officers (0 active · 16 resigned)
CHRISTIE, John Alexander→
Activesecretary · appointed 2000-11-21
View their other companies + combined net worth →
LOW, Douglas Robert Duncan→
Activedirector · ~72y · appointed 2014-03-20
View their other companies + combined net worth →
PETERSON, Eric Spence→
Resignedsecretary · appointed 1995-09-28 · resigned 2000-11-21
PETERSON, George Sholto→
Resignedsecretary · resigned 1995-09-28
AGUSTSSON, Haraldur→
Resigneddirector · ~53y · appointed 2000-08-03 · resigned 2000-11-21
ALFREDSSON, Agust→
Resigneddirector · ~80y · resigned 2000-11-21
FRASER, William Blyth→
Resigneddirector · ~93y · appointed 1995-07-02 · resigned 2000-07-18
HERRERA, Luis Javier→
Resigneddirector · ~60y · appointed 2004-06-18 · resigned 2006-01-25
KRANTZ, Henry Eugene→
Resigneddirector · ~107y · resigned 1997-08-22
KRANTZ, Pal→
Resigneddirector · ~79y · resigned 2000-11-21
MEAKIN, Nicholas St John→
Resigneddirector · ~67y · appointed 2000-11-21 · resigned 2002-01-16
MORALES, Francisco Miranda→
Resigneddirector · ~51y · appointed 2007-01-31 · resigned 2014-03-20
MURRAY, Robert Russell→
Resigneddirector · ~69y · appointed 2002-02-26 · resigned 2004-06-29
OFFERDAL, Kare→
Resigneddirector · ~79y · appointed 1997-08-22 · resigned 2000-11-21
OVERTON, Dennis Karl→
Resigneddirector · ~67y · appointed 2002-02-26 · resigned 2004-06-29
PETRIE, William Angus→
Resigneddirector · ~84y · resigned 2000-11-21
TAIT, Michael Laurence→
Resigneddirector · ~50y · appointed 2006-01-25 · resigned 2007-01-31
WILLIAMS, Peter Clifford→
Resigneddirector · ~74y · appointed 2000-11-21 · resigned 2014-03-20
Click a director name to see their full track record across all companies.
Mortgages & charges
6
Total charges
0
Outstanding
0
Active lenders
Status:Lender:6 of 6 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Magnus Laurence Flaws and Others as Trustees of the Shetland Aquaculture Trust | Floating charge | 1 property | 02/02/1996 | 27/03/2002 | |
| satisfied | Highlands & Islands Development Board | Standard security | 1 property | 10/05/1988 | 27/09/2000 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 15/05/1985 | 30/03/2001 | |
| satisfied | Shetland Islands Council | Bond & floating charge | 1 property | 27/03/1985 | 06/10/1995 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 21/12/1984 | 24/02/1986 | |
| satisfied | The Highlands and Islands Development Board | Instrument of charge | 1 property | 20/06/1984 | 06/10/1995 |
Recent filings (102 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2015-04-10
gazette-notice-voluntary
gazette · GAZ1(A)
2014-12-19
dissolution-application-strike-off-company
dissolution · DS01
2014-12-02
termination-director-company-with-name-termination-date
officers · TM01
2014-03-31
termination-director-company-with-name-termination-date
officers · TM01
2014-03-31
appoint-person-director-company-with-name-date
officers · AP01
2014-03-31
resolution
resolution · RESOLUTIONS
2014-03-31
legacy
restoration · AC93
2014-03-03
gazette-dissolved-voluntary
gazette · GAZ2(A)
2008-02-15
gazette-notice-voluntary
gazette · GAZ1(A)
2007-10-26
legacy
dissolution · 652a
2007-09-13
legacy
officers · 288a
2007-05-01
accounts-with-accounts-type-total-exemption-small
accounts · AA
2007-04-20
legacy
officers · 288b
2007-04-20
legacy
officers · 288c
2006-10-26