ORKNEY SHELLFISH LIMITED

🌳Matureactive
SC138531 · ltd · incorporated 1992-05-28
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 7.6y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Sept 2025
Net worth
£174.7k
book net assets
Opportunity
83/100
Exceptional
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What this business does
Primary activity: SIC 03120
Sector: Agriculture, forestry & fishing
Investor take
Pursue
Active trading company with a 61-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 80/100. Strong seller-intent signal (70/100, director aged 61). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 7.6y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 7.6 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (78/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
7 officers (2 active, 7 linked, 3 with DOB)
79
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
92 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £174,680

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£175k
↑ 13% YoY
Current Assets
£165k
↑ 39% YoY
Current Liabilities
—
£0£35k£70k£105k£140k£175kSept 2024Sept 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-09-302024-09-30
Total assets£198.3k£175.1k
Current assets£165.1k£118.7k
Debtors£165.1k£118.7k
Net assets£174.7k£155.3k

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

🔒Filing-note intelligence

3 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
1
filing
  • • 1 accounts
Last 90 days
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
  1. 2026-04-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-05-29
    📍
    change-sail-address-company-with-old-address-new-address
    address · AD02
  3. 2025-02-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-04-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-04-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-06-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-04-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-03-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-06-24
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2018-12-10
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  11. 2018-12-10
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  12. 2018-09-30
    ➖
    SMITH, Roberta resigned
    secretary
  13. 2018-09-25
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  14. 2018-09-20
    🔒
    Charge registered #1
    Lender: Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)
  15. 2018-01-26
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  16. 2017-01-25
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2016-06-01
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2016-01-21
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  19. 2012-05-01
    ➕
    WALLS, Angela appointed
    director
  20. 2006-01-11
    ➕
    SMITH, Roberta appointed
    secretary
  21. 2006-01-11
    ➖
    SMITH, Tracey Jackson resigned
    secretary
  22. 2000-11-08
    ➕
    SMITH, Tracey Jackson appointed
    secretary
  23. 2000-07-05
    ➖
    LEDINGHAM CHALMERS resigned
    corporate-nominee-secretary
  24. 2000-06-30
    ➕
    SMITH, Robert Watt appointed
    director
  25. 2000-06-30
    ➖
    MCCALLUM, Kirsty Ann resigned
    director
  26. 1993-01-01
    ➕
    MCCALLUM, Kirsty Ann appointed
    director
  27. 1993-01-01
    ➖
    DURANO LIMITED resigned
    corporate-nominee-director
  28. 1992-05-28
    🏢
    Company incorporated
    As ORKNEY SHELLFISH LIMITED
  29. 1992-05-28
    ➕
    LEDINGHAM CHALMERS appointed
    corporate-nominee-secretary
  30. 1992-05-28
    ➕
    DURANO LIMITED appointed
    corporate-nominee-director

Owner dependency

76/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 26 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.

Succession & seller-readiness

76/100
Likely off-market candidate

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 26 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 34 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Miss Angela Walls
Individual · British · DOB 03/1980 · age 46
25–50%
25–50%25-50% shares · 25-50% voting29/05/2016
Mr Robert Watt Smith
Individual · British · DOB 07/1965 · age 61
25–50%
25–50%25-50% shares · 25-50% voting29/05/2016

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 →

Similar companies

Active · Agriculture · KW postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
BRECK FARM LIMITED→
SC282508 · est 2005
———10021y8359y
BINSCARTH LIMITED→
SC251665 · est 2003
———022y8270y
CELTIC DAWN FISHING LIMITED→
SC263213 · est 2004
——£2.01M—22y8262y
E S H HARCUS LIMITED→
SC375460 · est 2010
———60016y8278y
ERLEND FLETT PLANT HIRE→
SC081510 · est 1983 · no financials extracted
————43y8281y
FORSE FARMS LTD→
SC388765 · est 2010
——£561.7k—15y8272y
GEORTH FARMS→
SC270361 · est 2004 · no financials extracted
————21y8278y
LAGA FARMS LIMITED→
SC241028 · est 2002
———223y8264y
MAESQUOY FARMS LIMITED→
SC343177 · est 2008
——£657.6k—17y8265y
S & J D ROBERTSON GROUP LIMITED→
SC070455 · est 1980
———50046y8275y
S W PATERSON & CO. LIMITED→
SC250073 · est 2003
———222y8266y
GILLS HARBOUR LTD→
SC364117 · est 2009
——£85.7k—16y8167y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 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
Incorporated1992-05-28
Jurisdictionscotland
Primary SIC03120 — SIC 03120

Registered office

Shoreside
South Ronaldsay
Orkney
KW17 2TQ

Filing status

Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2026-06-10
Last: 2025-05-27

Officers (2 active · 5 resigned)

SMITH, Robert Watt→
director · ~61y · appointed 2000-06-30
View their other companies + combined net worth →
Active
WALLS, Angela→
director · ~46y · appointed 2012-05-01
View their other companies + combined net worth →
Active
SMITH, Roberta→
secretary · appointed 2006-01-11 · resigned 2018-09-30
Resigned
SMITH, Tracey Jackson→
secretary · appointed 2000-11-08 · resigned 2006-01-11
Resigned
LEDINGHAM CHALMERS→
corporate-nominee-secretary · appointed 1992-05-28 · resigned 2000-07-05
Resigned
MCCALLUM, Kirsty Ann→
director · ~74y · appointed 1993-01-01 · resigned 2000-06-30
Resigned
DURANO LIMITED→
corporate-nominee-director · appointed 1992-05-28 · resigned 1993-01-01
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Virgin Money
Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)
A registered charge—20/09/2018—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (92 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-09
change-sail-address-company-with-old-address-new-address
address · AD02
2025-05-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-05-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-03-10
accounts-with-accounts-type-dormant
accounts · AA
2019-06-24