SCOTLINE MARINE HOLDINGS LIMITED

🌳Matureactive
SC161473 · ltd · incorporated 1995-11-03
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 29.6y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
83/100
Exceptional
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What this business does
Primary activity: SIC 50200
Sector: Transportation & storage
Investor take
Pursue
Active trading company with a 87-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 87). 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

3 live charges · 2 lenders · oldest 29.6y

50/100
clean up first

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

  • · Oldest live charge is 29.6 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: medium (61/100)

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
14 officers (6 active, 14 linked, 11 with DOB)
86
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
18 connected companies via shared directors
90
Filing history
99 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.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
  • 1 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (42 events)Click to expand
  1. 2025-12-30
    📄
    accounts-with-accounts-type-group
    accounts · AA
  2. 2025-01-13
    📄
    accounts-with-accounts-type-group
    accounts · AA
  3. 2024-06-25
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2024-06-18
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2024-06-04
    MILLATT, Jonathan James appointed
    director
  6. 2024-05-31
    BROOKS, Roy John resigned
    director
  7. 2024-02-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  8. 2024-01-30
    MILLATT, Robert William appointed
    director
  9. 2024-01-30
    OSBORNE, Marion Terase Frances resigned
    director
  10. 2024-01-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2024-01-03
    📄
    accounts-with-accounts-type-group
    accounts · AA
  12. 2023-07-27
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  13. 2023-07-24
    🔒
    Charge registered #3
    Lender: Clydesdale Bank PLC (Trading as Virgin Money)
  14. 2023-01-09
    📄
    accounts-with-accounts-type-group
    accounts · AA
  15. 2021-11-30
    📄
    accounts-with-accounts-type-small
    accounts · AA
  16. 2020-12-30
    📄
    accounts-with-accounts-type-small
    accounts · AA
  17. 2020-11-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  18. 2019-12-17
    📄
    accounts-with-accounts-type-small
    accounts · AA
  19. 2018-11-29
    📄
    accounts-with-accounts-type-small
    accounts · AA
  20. 2017-10-11
    📄
    accounts-with-accounts-type-small
    accounts · AA
  21. 2016-11-25
    📄
    accounts-with-accounts-type-small
    accounts · AA
  22. 2014-05-01
    CATTO, Stuart Alexander appointed
    director
  23. 2014-05-01
    LIGERTWOOD, John Gordon resigned
    secretary
  24. 2014-05-01
    LIGERTWOOD, John Gordon resigned
    director
  25. 2007-05-02
    OSBORNE, Marion Terase Frances appointed
    director
  26. 2007-03-26
    DOREY, Anthony John resigned
    director
  27. 2001-02-20
    🔒
    Charge registered #2
    Lender: Clydesdale Bank Public Limited Company
  28. 1998-12-10
    CATTO, Glenda Jane appointed
    director
  29. 1998-09-27
    CATTO, Eva Louise resigned
    director
  30. 1996-09-09
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  31. 1996-01-04
    BROOKS, Roy John appointed
    director
  32. 1996-01-04
    CATTO, Eva Louise appointed
    director
  33. 1996-01-04
    DOREY, Anthony John appointed
    director
  34. 1996-01-04
    LIGERTWOOD, John Gordon appointed
    director
  35. 1995-11-03
    🏢
    Company incorporated
    As SCOTLINE MARINE HOLDINGS LIMITED
  36. 1995-11-03
    CATTO, Alexander George Munro appointed
    director
  37. 1995-11-03
    MILLATT, Peter Thomas appointed
    director
  38. 1995-11-03
    LIGERTWOOD, John Gordon appointed
    secretary
  39. 1995-11-03
    THE COMMERCIAL LAW PRACTICE appointed
    corporate-secretary
  40. 1995-11-03
    THE COMMERCIAL LAW PRACTICE resigned
    corporate-secretary
  41. 1995-11-03
    MMA NOMINEES LIMITED appointed
    corporate-director
  42. 1995-11-03
    MMA NOMINEES LIMITED resigned
    corporate-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
  • -6 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 30 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 87 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

80/100
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 87 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 30 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.)

Group structure

Scotlog Sales Ltd holds 25-50% — a significant corporate investor but not a controlling parent.

🏛️
Scotlog Sales Ltd
Corporate parent · holds 25-50% shares
significant stake
SCOTLINE MARINE HOLDINGS LIMITED
This company · SC161473

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

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Scotlog Sales Ltd
Corporate entity
2550%
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
Incorporated1995-11-03
Jurisdictionscotland
Primary SIC50200 — SIC 50200

Registered office

41 Culduthel Road
Inverness
IV2 4AT

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-11-17
Last: 2025-11-03

Officers (6 active · 8 resigned)

CATTO, Alexander George Munro
director · ~87y · appointed 1995-11-03
View their other companies + combined net worth →
Active
CATTO, Glenda Jane
director · ~51y · appointed 1998-12-10
View their other companies + combined net worth →
Active
CATTO, Stuart Alexander
director · ~47y · appointed 2014-05-01
View their other companies + combined net worth →
Active
MILLATT, Jonathan James
director · ~44y · appointed 2024-06-04
View their other companies + combined net worth →
Active
MILLATT, Peter Thomas
director · ~77y · appointed 1995-11-03
View their other companies + combined net worth →
Active
MILLATT, Robert William
director · ~42y · appointed 2024-01-30
View their other companies + combined net worth →
Active
LIGERTWOOD, John Gordon
secretary · appointed 1995-11-03 · resigned 2014-05-01
Resigned
THE COMMERCIAL LAW PRACTICE
corporate-secretary · appointed 1995-11-03 · resigned 1995-11-03
Resigned
BROOKS, Roy John
director · ~77y · appointed 1996-01-04 · resigned 2024-05-31
Resigned
CATTO, Eva Louise
director · ~81y · appointed 1996-01-04 · resigned 1998-09-27
Resigned
DOREY, Anthony John
director · ~87y · appointed 1996-01-04 · resigned 2007-03-26
Resigned
LIGERTWOOD, John Gordon
director · ~95y · appointed 1996-01-04 · resigned 2014-05-01
Resigned
OSBORNE, Marion Terase Frances
director · ~66y · appointed 2007-05-02 · resigned 2024-01-30
Resigned
MMA NOMINEES LIMITED
corporate-director · appointed 1995-11-03 · resigned 1995-11-03
Resigned

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

Mortgages & charges

3
Total charges
3
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Virgin Money
Clydesdale Bank PLC (Trading as Virgin Money)
A registered charge24/07/2023
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property20/02/2001
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property09/09/1996
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (99 total)

accounts-with-accounts-type-group
accounts · AA
2025-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-03
accounts-with-accounts-type-group
accounts · AA
2025-01-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-04
appoint-person-director-company-with-name-date
officers · AP01
2024-06-25
termination-director-company-with-name-termination-date
officers · TM01
2024-06-18
appoint-person-director-company-with-name-date
officers · AP01
2024-02-05
termination-director-company-with-name-termination-date
officers · TM01
2024-01-30
accounts-with-accounts-type-group
accounts · AA
2024-01-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-03
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-07-27
accounts-with-accounts-type-group
accounts · AA
2023-01-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-04
accounts-with-accounts-type-small
accounts · AA
2021-11-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-03