SHANNON FISHING LIMITED

🌳Matureactive
SC157000 · ltd · incorporated 1995-03-28
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 30.5y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£24.40M
book net assets
Opportunity
83/100
Exceptional
🔔
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What this business does
Primary activity: SIC 03110
Sector: Agriculture, forestry & fishing
Investor take
Pursue
Active trading company. Family succession underway — not a classic acquisition target.

Opportunity 83/100 (exceptional), bankability 75/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 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

5 live charges · 2 lenders · oldest 30.5y

50/100
clean up first

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

  • · Oldest live charge is 30.5 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: high (82/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
10 officers (6 active, 10 linked, 8 with DOB)
86
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
9 connected companies via shared directors
72
Filing history
108 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 · accounting standard not declared
Positive net assets
Net assets £24,403,038
Net assets shrinking
Down £1,125,340 YoY
Cash YoY
-14%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£7.0m
↓ 14% YoY
Net Worth
£24m
↓ 4.4% YoY
Current Assets
£7.3m
↓ 15% YoY
Current Liabilities
—
£0£5.1m£10m£15m£20m£26mMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£25.40M£26.46M
Current assets£7.27M£8.57M
Cash£7.03M£8.18M
Debtors£36.3k£81.2k
Net assets£24.40M£25.53M

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

🔒Filing-note intelligence

2 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
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (42 events)Click to expand
  1. 2026-03-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-03-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-03-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-02-12
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  5. 2024-01-24
    ➕
    SIMPSON, Elaine Marise appointed
    director
  6. 2023-08-30
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2023-08-30
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2023-08-30
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2023-08-30
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2023-06-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2023-06-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2023-06-20
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  13. 2023-06-20
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2023-05-17
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  15. 2023-05-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2023-05-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2023-05-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  18. 2023-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2022-05-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2021-04-30
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  21. 2021-03-25
    ➕
    SIMPSON, Hannah appointed
    director
  22. 2021-02-03
    ➕
    MACKINNONS SOLICITORS LLP appointed
    corporate-secretary
  23. 2021-02-03
    ➖
    MACKINNONS resigned
    corporate-secretary
  24. 2020-05-11
    ➕
    SIMPSON, Emma Jayne appointed
    director
  25. 2020-03-06
    ➖
    SIMPSON, Sharon resigned
    director
  26. 2015-07-22
    🔓
    Charge satisfied #5
  27. 2008-12-29
    🔒
    Charge registered #5
    Lender: Royal Bank of Scotland PLC
  28. 2006-04-21
    🔓
    Charge satisfied #4
  29. 2003-05-21
    ➖
    SIMPSON, Christina resigned
    director
  30. 2003-05-20
    ➕
    SIMPSON, Ernest appointed
    director
  31. 2003-05-10
    ➕
    SIMPSON, Sharon appointed
    director
  32. 1998-06-05
    🔒
    Charge registered #4
    Lender: The Royal Bank of Scotland PLC
  33. 1997-11-26
    🔒
    Charge registered #3
    Lender: The Royal Bank of Scotland PLC
  34. 1997-06-18
    🔓
    Charge satisfied #2
  35. 1995-11-14
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  36. 1995-10-26
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  37. 1995-04-01
    ➕
    SIMPSON, Allan appointed
    director
  38. 1995-04-01
    ➖
    SCOTT, Charles Marshall resigned
    director
  39. 1995-04-01
    ➕
    SIMPSON, Christina appointed
    director
  40. 1995-03-28
    🏢
    Company incorporated
    As SHANNON FISHING LIMITED
  41. 1995-03-28
    ➕
    MACKINNONS appointed
    corporate-secretary
  42. 1995-03-28
    ➕
    SCOTT, Charles Marshall appointed
    director

Owner dependency

73/100
High — earn-out structure required

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

FACTORS
  • -5 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 31 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 79 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

40/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primaryFamily succession underway: Not a takeover target — SIMPSON, Elaine Marise (same surname) appointed 2024-01-24. Pattern consistent with intra-family handover.
  • primaryFounder aged 70+: Senior director is approximately 79 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 31 years. Very long tenure is a classic succession signal.
  • 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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Allan Simpson
Individual · British · DOB 07/1969 · age 57
75–100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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

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
Incorporated1995-03-28
Jurisdictionscotland
Primary SIC03110 — SIC 03110

Registered office

Fae-Me-Well House Cothal
Fintray
Aberdeen
AB21 0HU
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-07-13
Last: 2025-06-29

Officers (6 active · 4 resigned)

MACKINNONS SOLICITORS LLP→
corporate-secretary · appointed 2021-02-03
View their other companies + combined net worth →
Active
SIMPSON, Allan→
director · ~57y · appointed 1995-04-01
View their other companies + combined net worth →
Active
SIMPSON, Elaine Marise→
director · ~52y · appointed 2024-01-24
View their other companies + combined net worth →
Active
SIMPSON, Emma Jayne→
director · ~30y · appointed 2020-05-11
View their other companies + combined net worth →
Active
SIMPSON, Ernest→
director · ~79y · appointed 2003-05-20
View their other companies + combined net worth →
Active
SIMPSON, Hannah→
director · ~26y · appointed 2021-03-25
View their other companies + combined net worth →
Active
MACKINNONS→
corporate-secretary · appointed 1995-03-28 · resigned 2021-02-03
Resigned
SCOTT, Charles Marshall→
director · ~73y · appointed 1995-03-28 · resigned 1995-04-01
Resigned
SIMPSON, Christina→
director · ~79y · appointed 1995-04-01 · resigned 2003-05-21
Resigned
SIMPSON, Sharon→
director · ~56y · appointed 2003-05-10 · resigned 2020-03-06
Resigned

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

Mortgages & charges

5
Total charges
2
Outstanding
1
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
satisfied
Lloyds Banking Group
Royal Bank of Scotland PLC
Mortgage1 property29/12/200822/07/2015
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Mortgage1 property05/06/199821/04/2006
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Ship mortgage1 property26/11/1997—
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Mortgage1 property14/11/199518/06/1997
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property26/10/1995—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (108 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-28
appoint-person-director-company-with-name-date
officers · AP01
2024-02-12
change-person-director-company-with-change-date
officers · CH01
2023-08-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-08-30
change-person-director-company-with-change-date
officers · CH01
2023-08-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-08-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-04
change-person-director-company-with-change-date
officers · CH01
2023-06-20
change-person-director-company-with-change-date
officers · CH01
2023-06-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-06-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-06-20