O-FISH-SHELL LIMITED
🌳Matureactive
SC106062 · ltd · incorporated 1987-08-13
Investment thesis
Looks cheap but ownership + security both unclear — probable value trap.
Why interesting: Headline metrics may be attractive.
Why risky: No PSC visibility combined with multiple live charges; transacting likely slow and expensive.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 36.3y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Apr 2025
Net worth
—
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: SIC 03110
Sector: Agriculture, forestry & fishing
ALSO REGISTERED FOR
- 46380Wholesale of other food, including fish, crustaceans and molluscs
- 49410Freight transport by road
Investor take
PursueActive trading company with a 69-year-old founder — textbook succession opportunity.
Opportunity 79/100 (strong), bankability 80/100. Strong seller-intent signal (68/100, director aged 69). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
2 live charges · oldest 36.3y
65/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 36.3 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (71/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 3 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
5 officers (2 active, 5 linked, 3 with DOB)
82
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
1 connected companies via shared directors
48
Filing history
114 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
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
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Total assets | — | £591.5k |
| Current assets | — | £371.9k |
| Cash | — | £143.5k |
| Debtors | — | £222.0k |
| Net assets | — | £555.9k |
| Average employees | 700 | — |
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 (24 events)Click to expand
- 2025-09-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-01-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-06-30📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-11-28📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2022-09-22➖CRAIG, Robert Harvey resignedsecretary
- 2022-09-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-08-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-09-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-12-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-10-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-12-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-07-14📄notification-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC08
- 2016-11-02📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-06-29📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-11-25📄capital-statement-capital-company-with-date-currency-figurecapital · SH19
- 2015-11-25📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2001-09-26➖BRAILSFORD, Mairead resignedsecretary
- 2001-09-26➕CRAIG, Robert Harvey appointedsecretary
- 1999-08-26➖BRAILSFORD, John Shaw resigneddirector
- 1996-11-06🔒Charge registered #2Lender: The Governor and Company of the Bank of Scotland
- 1994-06-23🔓Charge satisfied #1
- 1990-01-25🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 1987-08-13🏢Company incorporatedAs O-FISH-SHELL LIMITED
Owner dependency
81/100
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
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder age: Director aged approximately 69 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
66/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondaryStable-but-static management: Company is 39 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
🔒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 · Agriculture · PA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ONLY FARMS LTD→ SC858535 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ORISSOR TRUST LTD.→ SC337786 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| OUT SKERRIES FISKR LTD→ SC588645 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| PM FARMS LIMITED→ SC297559 · est 2006 · no financials extracted | — | — | — | — | 20y | — | — |
| PMX DIVING LTD→ SC583820 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| RBCA SERVICES LIMITED→ SC596593 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| SCALPSIE LTD→ SC763189 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| SCOT WEST SHELLFISH LTD→ SC488566 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| SCOTWOOD MACDONALD LIMITED→ SC485489 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| SEA CHANGE INNOVATIONS LTD→ SC755695 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| SEA SPRAY FISHING LTD→ SC465004 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| SEAWEED SERVICES LTD→ SC754194 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
7 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
Incorporated1987-08-13
Jurisdictionscotland
Primary SIC03110 — SIC 03110
Registered office
Evergreen Ormsary Road
Inverneill
Lochgilphead
PA30 8ES
Scotland
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-07-08
Last: 2025-06-24
Officers (2 active · 3 resigned)
Active
Active
BRAILSFORD, Mairead→
Resignedsecretary · resigned 2001-09-26
CRAIG, Robert Harvey→
Resignedsecretary · appointed 2001-09-26 · resigned 2022-09-22
BRAILSFORD, John Shaw→
Resigneddirector · ~89y · resigned 1999-08-26
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 06/11/1996 | — | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 25/01/1990 | 23/06/1994 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (114 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-26
termination-secretary-company-with-name-termination-date
officers · TM02
2022-11-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-13
confirmation-statement-with-updates
confirmation-statement · CS01
2022-06-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-25
confirmation-statement-with-updates
confirmation-statement · CS01
2021-07-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-09-21
confirmation-statement-with-updates
confirmation-statement · CS01
2020-07-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-10