SHETLAND FREEZER HOLDINGS LIMITED

🌳Matureactive
SC141526 · ltd · incorporated 1992-11-26
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 33.6y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jan 2025
Net worth
£246.6k
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Property-backed borrower with a 72-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 70/100. Strong seller-intent signal (83/100, director aged 72). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 4 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

4 live charges · oldest 33.6y

65/100
clean up first

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

  • · Oldest live charge is 33.6 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 (79/100)

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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
82 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
82/100Exceptional
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
80
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 · accounting standard not declared
Positive net assets
Net assets £246,640
Net assets shrinking
Down £972 YoY
Cash YoY
+9%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£462
↑ 9.5% YoY
Net Worth
£247k
~ YoY
Current Assets
£24k
~ YoY
Current Liabilities
—
£0£50k£99k£149k£198k£248kJan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-01-312024-01-31
Total assets£249.7k£250.5k
Current assets£23.7k£23.6k
Cash£462£422
Debtors£23.2k£23.2k
Net assets£246.6k£247.6k

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
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2025-10-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2025-01-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2023-10-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  4. 2023-01-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  5. 2022-01-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  6. 2021-01-29
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  7. 2019-10-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  8. 2018-10-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  9. 2017-10-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  10. 2016-10-28
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  11. 2015-12-24
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  12. 2015-10-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2014-12-31
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2014-10-24
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2014-03-04
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2001-09-13
    🔒
    Charge registered #4
    Lender: Clydesdale Bank Public Limited Company
  17. 1992-12-14
    🔒
    Charge registered #3
    Lender: Clydesdale Bank Public Limited Company
  18. 1992-12-14
    🔒
    Charge registered #2
    Lender: Clydesdale Bank Public Limited Company
  19. 1992-12-02
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  20. 1992-11-26
    🏢
    Company incorporated
    As SHETLAND FREEZER HOLDINGS LIMITED
  21. 1992-11-26
    ➕
    JAMIESON, Evelyn Jane appointed
    secretary
  22. 1992-11-26
    ➕
    JAMIESON, Evelyn Jane appointed
    director
  23. 1992-11-26
    ➕
    JAMIESON, John Raymond appointed
    director

Owner dependency

91/100
Critical — business is the founder

The 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.
  • +Long-tenure founder: Senior director has been in place 34 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 72 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

96/100
Likely off-market candidate

Strong 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.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 34 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
Mrs Evelyn Jane Jamieson
Individual · British · DOB 06/1957 · age 69
25–50%
—25-50% shares06/04/2016
Mr John Raymond Jamieson
Individual · British · DOB 06/1954 · age 72
25–50%
—25-50% shares06/04/2016

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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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
Incorporated1992-11-26
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Auriga Park Road
Sandwick
Shetland
ZE2 9HP

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-12-10
Last: 2025-11-26

Officers (3 active · 0 resigned)

JAMIESON, Evelyn Jane→
secretary · appointed 1992-11-26
View their other companies + combined net worth →
Active
JAMIESON, Evelyn Jane→
director · ~69y · appointed 1992-11-26
View their other companies + combined net worth →
Active
JAMIESON, John Raymond→
director · ~72y · appointed 1992-11-26
View their other companies + combined net worth →
Active

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

Mortgages & charges

4
Total charges
4
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property13/09/2001—
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property14/12/1992—
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property14/12/1992—
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property02/12/1992—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (82 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-15
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-10-31
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-01-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-10
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-06
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-01-31
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-03
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-01-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-01-06
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2019-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-12-19