SHIELDAIG EXPORT LIMITED

💤Zombieactive
SC165922 · ltd · incorporated 1996-05-29
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to May 2025
Net worth
£141.4k
book net assets
Opportunity
82/100
Exceptional
🔔
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What this business does
Primary activity: Wholesale of other food, including fish, crustaceans and molluscs
Sector: Wholesale & retail
Investor take
Pursue
Asset-holding vehicle with a 73-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (83/100, director aged 73). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 25.0y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 25.0 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
9 officers (1 active, 9 linked, 4 with DOB)
79
Ownership & PSC
3 active PSC(s) of 4 total, 4 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
93 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
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 £141,440
Net assets shrinking
Down £12,677 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£141k
↓ 8.2% YoY
Current Assets
£139k
↑ 12% YoY
Current Liabilities
—
£0£31k£62k£92k£123k£154kMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-05-312024-05-31
Total assets£155.7k£165.1k
Current assets£138.6k£123.5k
Net assets£141.4k£154.1k

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

Recent activity

Last 30 days
1
filing
  • • 1 accounts
Last 90 days
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (37 events)Click to expand
  1. 2026-04-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-05-01
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  3. 2025-03-24
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  4. 2025-03-24
    🔓
    Charge satisfied #1
  5. 2025-02-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2024-06-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2024-06-10
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  8. 2024-06-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2024-05-01
    ➖
    LIVINGSTONE, Linda resigned
    secretary
  10. 2024-05-01
    ➖
    MACGREGOR, John resigned
    director
  11. 2024-05-01
    ➖
    MCLEOD, Duncan resigned
    director
  12. 2024-02-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2024-02-20
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2024-01-08
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  15. 2024-01-08
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  16. 2023-02-28
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  17. 2022-06-27
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  18. 2022-02-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2021-02-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2020-02-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  21. 2019-02-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  22. 2012-01-01
    ➕
    LIVINGSTONE, Linda appointed
    secretary
  23. 2012-01-01
    ➖
    STARR, Karen resigned
    secretary
  24. 2011-04-30
    ➖
    LIVINGSTONE, Donald resigned
    director
  25. 2003-05-20
    ➖
    LIVINGSTONE, Linda Jean resigned
    secretary
  26. 2003-05-20
    ➕
    STARR, Karen appointed
    secretary
  27. 2001-05-28
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  28. 1996-05-29
    🏢
    Company incorporated
    As SHIELDAIG EXPORT LIMITED
  29. 1996-05-29
    ➕
    LIVINGSTONE, Kenneth appointed
    director
  30. 1996-05-29
    ➕
    LIVINGSTONE, Linda Jean appointed
    secretary
  31. 1996-05-29
    ➕
    ASHCROFT CAMERON SECRETARIES LIMITED appointed
    corporate-secretary
  32. 1996-05-29
    ➖
    ASHCROFT CAMERON SECRETARIES LIMITED resigned
    corporate-secretary
  33. 1996-05-29
    ➕
    LIVINGSTONE, Donald appointed
    director
  34. 1996-05-29
    ➕
    MACGREGOR, John appointed
    director
  35. 1996-05-29
    ➕
    MCLEOD, Duncan appointed
    director
  36. 1996-05-29
    ➕
    ASHCROFT CAMERON NOMINEES LIMITED appointed
    corporate-director
  37. 1996-05-29
    ➖
    ASHCROFT CAMERON NOMINEES LIMITED resigned
    corporate-director

Owner dependency

100/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 30 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 73 — succession pressure is live.

Succession & seller-readiness

100/100
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 73 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 30 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 30 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.)

Group structure

Shieldaig Shellfish Limited holds 25-50% — a significant corporate investor but not a controlling parent.

🏛️
Shieldaig Shellfish Limited
Corporate parent · holds 25-50% shares
significant stake
⬇
SHIELDAIG EXPORT LIMITED
This company · SC165922

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

Shareholders & ownership

3 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Shieldaig Shellfish Limited
Corporate entity
25–50%
25–50%25-50% shares · 25-50% voting01/12/2023
Mr Kenneth Livingstone
Individual · British · DOB 08/1953 · age 73
25–50%
—25-50% shares06/04/2016
Mr Magnus Livingstone
Individual · British · DOB 11/1978 · age 48
25–50%
—25-50% shares06/04/2016
1 historic (ceased) PSC
  • Mr Duncan Mcleodceased 01/12/2023· 25-50% shares

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
Incorporated1996-05-29
Jurisdictionscotland
Primary SIC46380 — Wholesale of other food, including fish, crustaceans and molluscs

Registered office

18 Stafford Street
Tain
IV19 1AZ
Scotland

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-05-15
Last: 2025-05-01

Officers (1 active · 8 resigned)

LIVINGSTONE, Kenneth→
director · ~73y · appointed 1996-05-29
View their other companies + combined net worth →
Active
LIVINGSTONE, Linda→
secretary · appointed 2012-01-01 · resigned 2024-05-01
Resigned
LIVINGSTONE, Linda Jean→
secretary · appointed 1996-05-29 · resigned 2003-05-20
Resigned
STARR, Karen→
secretary · appointed 2003-05-20 · resigned 2012-01-01
Resigned
ASHCROFT CAMERON SECRETARIES LIMITED→
corporate-secretary · appointed 1996-05-29 · resigned 1996-05-29
Resigned
LIVINGSTONE, Donald→
director · ~71y · appointed 1996-05-29 · resigned 2011-04-30
Resigned
MACGREGOR, John→
director · ~73y · appointed 1996-05-29 · resigned 2024-05-01
Resigned
MCLEOD, Duncan→
director · ~67y · appointed 1996-05-29 · resigned 2024-05-01
Resigned
ASHCROFT CAMERON NOMINEES LIMITED→
corporate-director · appointed 1996-05-29 · resigned 1996-05-29
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property28/05/200124/03/2025

Recent filings (93 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-04-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-19
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-05-01
mortgage-satisfy-charge-full
mortgage · MR04
2025-03-24
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-28
termination-director-company-with-name-termination-date
officers · TM01
2024-06-10
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-10
termination-secretary-company-with-name-termination-date
officers · TM02
2024-06-10
termination-director-company-with-name-termination-date
officers · TM01
2024-06-10
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-02-20
confirmation-statement-with-updates
confirmation-statement · CS01
2024-01-10
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-01-08
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-01-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-01