WHITELINK SEAFOODS LIMITED
🌳Matureactive
SC138829 · ltd · incorporated 1992-06-12
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
£70.62M
year to Dec 2024
Net worth
—
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: Wholesale of other food, including fish, crustaceans and molluscs
Sector: Wholesale & retail
Investor take
PursueStrong opportunity: leverage-led grower with strong profile and acceptable with review structure.
Opportunity 74/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. 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
13 live charges · 4 lenders · oldest 33.0y
45/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 33.0 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 (72/100)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
50
Lenders & charges
13 charges (13/13 with lender, 13/13 with type)
90
Directors & officers
8 officers (3 active, 8 linked, 5 with DOB)
83
Ownership & PSC
0 active PSC(s) of 2 total, 2 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
145 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒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
74/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Profitable
Profit before tax £1,520,778
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-28 |
|---|---|
| Turnover | £70.62M |
| Gross profit | £6.43M |
| Operating profit | £2.00M |
| Profit before tax | £1.52M |
| Average employees | 19000 |
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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (52 events)Click to expand
- 2025-09-08📄accounts-with-accounts-type-fullaccounts · AA
- 2025-05-20➖SUTHERLAND, Marie resignedsecretary
- 2025-05-20➖SUTHERLAND, Marie resigneddirector
- 2025-05-20📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2025-05-20📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-09-23📄accounts-with-accounts-type-fullaccounts · AA
- 2024-08-12📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-08-12📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-08-02🔒Charge registered #12Lender: The Royal Bank of Scotland PLC (As Security Agent)
- 2024-08-01🔒Charge registered #13Lender: The Royal Bank of Scotland PLC (As Security Agent)
- 2024-06-11📄change-person-director-company-with-change-dateofficers · CH01
- 2023-10-05📄accounts-with-accounts-type-fullaccounts · AA
- 2023-09-01📄capital-name-of-class-of-sharescapital · SH08
- 2023-09-01📄change-person-director-company-with-change-dateofficers · CH01
- 2023-08-31📄memorandum-articlesincorporation · MA
- 2023-08-31📄resolutionresolution · RESOLUTIONS
- 2023-08-31📄notification-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC08
- 2023-08-31📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-08-31📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-06-30📄change-person-director-company-with-change-dateofficers · CH01
- 2023-06-30📄change-person-director-company-with-change-dateofficers · CH01
- 2023-03-11📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-03-11🔓Charge satisfied #9
- 2022-09-14📄accounts-with-accounts-type-fullaccounts · AA
- 2022-07-15📄change-person-director-company-with-change-dateofficers · CH01
- 2022-01-28📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2019-07-02🔒Charge registered #11Lender: The Royal Bank of Scotland PLC
- 2018-02-15🔒Charge registered #10Lender: The Royal Bank of Scotland PLC
- 2017-03-13🔒Charge registered #9Lender: The Royal Bank of Scotland PLC
- 2016-05-04🔒Charge registered #8Lender: The Royal Bank of Scotland PLC
- 2016-05-04🔒Charge registered #7Lender: The Royal Bank of Scotland PLC
- 2015-06-11🔒Charge registered #6Lender: The Royal Bank of Scotland PLC
- 2015-06-04🔓Charge satisfied #3
- 2015-01-20🔓Charge satisfied #2
- 2015-01-07🔒Charge registered #5Lender: Rbs Invoice Finance Limited
- 2014-11-18🔒Charge registered #4Lender: The Royal Bank of Scotland PLC
- 2011-10-01➕SUTHERLAND, Andrew Buchan appointeddirector
- 2011-10-01➕SUTHERLAND, Graeme appointeddirector
- 2011-10-01➕SUTHERLAND, James appointeddirector
- 2011-03-31➖SUTHERLAND, James resigneddirector
- 2001-09-05🔓Charge satisfied #1
- 1993-06-10🔒Charge registered #3Lender: The Governor and Company of the Bank of Scotland
- 1993-05-25🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 1993-05-20🔒Charge registered #2Lender: The Governor and Company of the Bank of Scotland
- 1992-07-02➕SUTHERLAND, Marie appointedsecretary
- 1992-07-02➖LEDINGHAM CHALMERS resignedcorporate-nominee-secretary
- 1992-07-02➕SUTHERLAND, James appointeddirector
- 1992-07-02➕SUTHERLAND, Marie appointeddirector
- 1992-07-02➖DURANO LIMITED resignedcorporate-nominee-director
- 1992-06-12🏢Company incorporatedAs WHITELINK SEAFOODS LIMITED
Showing most recent 50 of 52 events
Owner dependency
66/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Senior director age: Director aged approximately 63 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
73/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
- secondary12+ year tenure: Director in role 15 years.
- 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
1 med · 1 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
9 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
🔒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 · Wholesale & distribution · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| JOHN DAVIDSON (PIPES) LIMITED→ SC050397 · est 1972 | £15.21M £11.41M–£19.01M | £79.83M | — | 25000 | 54y | 83 | 61y |
| QUALITY FOOD PRODUCTS (ABERDEEN) LIMITED→ SC046323 · est 1969 | £7.30M £5.48M–£9.13M | — | — | 67 | 57y | 82 | 59y |
| WELLHEAD ELECTRICAL SUPPLIES LIMITED→ SC123707 · est 1990 | £993.4k £745.1k–£1.24M | — | — | 15 | 36y | 83 | 73y |
| MO & CO (UK) LIMITED→ SC236096 · est 2002 | £860.4k £645.3k–£1.08M | — | — | 2100 | 23y | 82 | 86y |
| KEITH BUILDERS MERCHANTS LIMITED→ SC217157 · est 2001 | £155.6k £116.7k–£194.6k | — | — | 39 | 25y | 84 | 58y |
| APEX TUBULARS LIMITED→ SC331461 · est 2007 | — | — | — | 600 | 18y | 83 | 63y |
| GPH BUILDERS MERCHANTS LIMITED→ SC378341 · est 2010 · no financials extracted | — | — | — | — | 15y | 83 | 71y |
| SEAFOOD TRADERS INTERNATIONAL LIMITED→ SC223363 · est 2001 | — | — | — | 9000 | 24y | 83 | 78y |
| ABERDEEN OFFICE SUPPLIES LIMITED→ SC238550 · est 2002 | — | — | £59.2k | — | 23y | 82 | 67y |
| CABER COFFEE LIMITED→ SC329912 · est 2007 | — | — | £593.6k | — | 18y | 82 | 83y |
| CRAIGIEVAR TIMBER LIMITED→ SC357720 · est 2009 | — | — | £227.4k | — | 17y | 82 | 74y |
| D. RUDDIMAN LIMITED→ SC031624 · est 1956 | — | — | £15.2k | — | 69y | 82 | 96y |
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
Incorporated1992-06-12
Jurisdictionscotland
Primary SIC46380 — Wholesale of other food, including fish, crustaceans and molluscs
Registered office
Maxwell Place
Fraserburgh
Aberdeenshire
AB43 9SX
United Kingdom
Filing status
Accounts
Next due: 2026-09-28
Last made up to: 2024-12-28
Confirmation statement
Next due: 2026-06-26
Last: 2025-06-12
Officers (3 active · 5 resigned)
SUTHERLAND, Andrew Buchan→
Activedirector · ~63y · appointed 2011-10-01
View their other companies + combined net worth →
SUTHERLAND, Graeme→
Activedirector · ~60y · appointed 2011-10-01
View their other companies + combined net worth →
SUTHERLAND, James→
Activedirector · ~48y · appointed 2011-10-01
View their other companies + combined net worth →
SUTHERLAND, Marie→
Resignedsecretary · appointed 1992-07-02 · resigned 2025-05-20
LEDINGHAM CHALMERS→
Resignedcorporate-nominee-secretary · appointed 1992-06-12 · resigned 1992-07-02
SUTHERLAND, James→
Resigneddirector · ~92y · appointed 1992-07-02 · resigned 2011-03-31
SUTHERLAND, Marie→
Resigneddirector · ~82y · appointed 1992-07-02 · resigned 2025-05-20
DURANO LIMITED→
Resignedcorporate-nominee-director · appointed 1992-06-12 · resigned 1992-07-02
Click a director name to see their full track record across all companies.
Mortgages & charges
13
Total charges
9
Outstanding
2
Active lenders
Status:Lender:13 of 13 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC (As Security Agent) | A registered charge | 1 property | 02/08/2024 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC (As Security Agent) | A registered charge | 1 property | 01/08/2024 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 02/07/2019 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 15/02/2018 | — | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 13/03/2017 | 11/03/2023 | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 04/05/2016 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 04/05/2016 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 2 properties | 11/06/2015 | — | |
| outstanding | NatWest Group Rbs Invoice Finance Limited | A registered charge | — | 07/01/2015 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | — | 18/11/2014 | — | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 10/06/1993 | 04/06/2015 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 25/05/1993 | 05/09/2001 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Floating charge | 1 property | 20/05/1993 | 20/01/2015 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (145 total)
accounts-with-accounts-type-full
accounts · AA
2025-09-08
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-12
termination-secretary-company-with-name-termination-date
officers · TM02
2025-05-20
termination-director-company-with-name-termination-date
officers · TM01
2025-05-20
accounts-with-accounts-type-full
accounts · AA
2024-09-23
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-08-12
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-08-12
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-15
change-person-director-company-with-change-date
officers · CH01
2024-06-11
accounts-with-accounts-type-full
accounts · AA
2023-10-05
capital-name-of-class-of-shares
capital · SH08
2023-09-01
change-person-director-company-with-change-date
officers · CH01
2023-09-01
memorandum-articles
incorporation · MA
2023-08-31
resolution
resolution · RESOLUTIONS
2023-08-31
notification-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC08
2023-08-31