STIRLING SHIPPING COMPANY LIMITED

🌳Matureactive
SC159842 · ltd · incorporated 1995-08-17
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.
Why now
Window steady · low confidence
Steady and tidy — no seller pressure yet. Approach only if an angle opens.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
78/100
Strong
🔔
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What this business does
Primary activity: SIC 50200
Sector: Transportation & storage
Investor take
Pursue
Active trading company with a 60-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 77/100. Strong seller-intent signal (65/100, director aged 60). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

4 live charges · 3 lenders · oldest 30.4y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 30.4 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 30/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (60/100)

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
No iXBRL financials extracted
0
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
19 officers (3 active, 19 linked, 14 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
11 connected companies via shared directors
78
Filing history
127 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

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 (61 events)Click to expand
  1. 2025-10-07
    📄
    accounts-with-accounts-type-full
    accounts · AA
  2. 2024-11-11
    📄
    accounts-with-accounts-type-full
    accounts · AA
  3. 2023-12-20
    📄
    accounts-with-accounts-type-full
    accounts · AA
  4. 2022-12-21
    📄
    accounts-with-accounts-type-full
    accounts · AA
  5. 2022-05-27
    📄
    accounts-with-accounts-type-full
    accounts · AA
  6. 2022-02-23
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  7. 2021-01-26
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  8. 2021-01-26
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2021-01-12
    ALGER, Rory James appointed
    director
  10. 2021-01-12
    ANNISS, John Patrick resigned
    director
  11. 2020-11-06
    📄
    accounts-with-accounts-type-full
    accounts · AA
  12. 2019-11-20
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  13. 2019-11-18
    WILKINSON, Thomas Paul appointed
    secretary
  14. 2019-11-04
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  15. 2019-10-31
    ALAIS, Steven Morton resigned
    secretary
  16. 2019-10-18
    📄
    accounts-with-accounts-type-full
    accounts · AA
  17. 2018-10-23
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  18. 2018-10-23
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2018-10-23
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  20. 2018-10-18
    GELLERT, John Matthew resigned
    director
  21. 2018-10-17
    LLORCA RODRIGUEZ, Jesus appointed
    director
  22. 2018-10-17
    ANNISS, John Patrick appointed
    director
  23. 2018-10-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  24. 2018-09-30
    CAMBURN, Clyde Martin resigned
    director
  25. 2018-09-21
    📄
    accounts-with-accounts-type-full
    accounts · AA
  26. 2012-07-09
    RYAN, Richard James resigned
    director
  27. 2005-10-01
    CAMBURN, Clyde Martin appointed
    director
  28. 2004-04-21
    LENTHALL, Rodney Desmonde Morgan resigned
    director
  29. 2002-09-30
    BAIRD, David George resigned
    director
  30. 2002-08-15
    ALAIS, Steven Morton appointed
    secretary
  31. 2002-08-15
    BAIRD, David George resigned
    secretary
  32. 2002-07-31
    HARRISON, Patrick Charles Lorne resigned
    director
  33. 2002-05-31
    COWDEROY, James Anthony Frank resigned
    director
  34. 2001-06-30
    HARRISON, Iain Victor Robinson resigned
    director
  35. 2001-05-04
    FARLEY, Alastair Hugh resigned
    director
  36. 2001-05-04
    GELLERT, John Matthew appointed
    director
  37. 2001-05-04
    LENTHALL, Rodney Desmonde Morgan appointed
    director
  38. 2001-05-04
    RYAN, Richard James appointed
    director
  39. 2001-05-04
    SALVESEN, Andrew Cameron resigned
    director
  40. 2001-04-10
    🔓
    Charge satisfied #4
  41. 2001-04-10
    🔓
    Charge satisfied #3
  42. 1999-02-05
    🔒
    Charge registered #4
    Lender: The Governor and Company of the Bank of Scotland
  43. 1998-12-31
    CADENHEAD, Kenneth Caldwell resigned
    director
  44. 1998-02-09
    🔓
    Charge satisfied #2
  45. 1997-12-09
    🔓
    Charge satisfied #1
  46. 1997-09-30
    🔒
    Charge registered #3
    Lender: The Governor and Company of the Bank of Scotland
  47. 1996-02-19
    SALVESEN, Andrew Cameron appointed
    director
  48. 1996-01-08
    🔒
    Charge registered #2
    Lender: The Governor and Company of the Bank of Scotland for Itself and as Agent and Trustee for Others
  49. 1996-01-08
    🔒
    Charge registered #1
    Lender: 3I Group PLC
  50. 1995-12-21
    FARLEY, Alastair Hugh appointed
    director
Showing most recent 50 of 61 events

Owner dependency

66/100
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.
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.

Succession & seller-readiness

56/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondaryStable-but-static management: Company is 31 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Stirling Shipping Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Stirling Shipping Holdings Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
STIRLING SHIPPING COMPANY LIMITED
This company · SC159842

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Stirling Shipping Holdings Limited
Corporate entity
75100%
75–100%board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence06/04/2016

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

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
Incorporated1995-08-17
Jurisdictionscotland
Primary SIC50200 — SIC 50200

Registered office

C/O Stirling & Gilmour
Pavilion Court
45 Kilbowie Road, Clydebank
Dunbartonshire
G81 1BL

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-08-31
Last: 2025-08-17

Officers (3 active · 16 resigned)

WILKINSON, Thomas Paul
secretary · appointed 2019-11-18
View their other companies + combined net worth →
Active
ALGER, Rory James
director · ~60y · appointed 2021-01-12
View their other companies + combined net worth →
Active
LLORCA RODRIGUEZ, Jesus
director · ~51y · appointed 2018-10-17
View their other companies + combined net worth →
Active
ALAIS, Steven Morton
secretary · appointed 2002-08-15 · resigned 2019-10-31
Resigned
BAIRD, David George
secretary · appointed 1995-12-11 · resigned 2002-08-15
Resigned
MD SECRETARIES (EDINBURGH) LIMITED
corporate-secretary · appointed 1995-08-17 · resigned 1995-12-11
Resigned
ANNISS, John Patrick
director · ~56y · appointed 2018-10-17 · resigned 2021-01-12
Resigned
BAIRD, David George
director · ~73y · appointed 1995-12-11 · resigned 2002-09-30
Resigned
CADENHEAD, Kenneth Caldwell
director · ~84y · appointed 1995-12-11 · resigned 1998-12-31
Resigned
CAMBURN, Clyde Martin
director · ~68y · appointed 2005-10-01 · resigned 2018-09-30
Resigned
COWDEROY, James Anthony Frank
director · ~66y · appointed 1995-12-11 · resigned 2002-05-31
Resigned
FARLEY, Alastair Hugh
director · ~80y · appointed 1995-12-21 · resigned 2001-05-04
Resigned
GELLERT, John Matthew
director · ~56y · appointed 2001-05-04 · resigned 2018-10-18
Resigned
HARRISON, Iain Victor Robinson
director · ~97y · appointed 1995-12-21 · resigned 2001-06-30
Resigned
HARRISON, Patrick Charles Lorne
director · ~60y · appointed 1995-12-21 · resigned 2002-07-31
Resigned
LENTHALL, Rodney Desmonde Morgan
director · ~81y · appointed 2001-05-04 · resigned 2004-04-21
Resigned
RYAN, Richard James
director · ~72y · appointed 2001-05-04 · resigned 2012-07-09
Resigned
SALVESEN, Andrew Cameron
director · ~79y · appointed 1996-02-19 · resigned 2001-05-04
Resigned
MD SECRETARIES (EDINBURGH) LIMITED
corporate-director · appointed 1995-08-17 · resigned 1995-12-11
Resigned

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

Mortgages & charges

4
Total charges
0
Outstanding
0
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property05/02/199910/04/2001
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property30/09/199710/04/2001
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland for Itself and as Agent and Trustee for Others
Bond & floating charge1 property08/01/199609/02/1998
satisfied
3I Group
3I Group PLC
Bond & floating charge1 property08/01/199609/12/1997

Recent filings (127 total)

accounts-with-accounts-type-full
accounts · AA
2025-10-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-29
accounts-with-accounts-type-full
accounts · AA
2024-11-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-20
accounts-with-accounts-type-full
accounts · AA
2023-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-29
accounts-with-accounts-type-full
accounts · AA
2022-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-17
accounts-with-accounts-type-full
accounts · AA
2022-05-27
change-person-secretary-company-with-change-date
officers · CH03
2022-02-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-26
appoint-person-director-company-with-name-date
officers · AP01
2021-01-26
termination-director-company-with-name-termination-date
officers · TM01
2021-01-26
accounts-with-accounts-type-full
accounts · AA
2020-11-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-08-18