SCOT TRADER SHIPPING LIMITED
🌳Matureactive
SC166821 · ltd · incorporated 1996-07-04
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: SIC 50200
Sector: Transportation & storage
Investor take
PursueActive trading company with a 87-year-old founder — textbook succession opportunity.
Opportunity 79/100 (strong), bankability 57/100. Strong seller-intent signal (63/100, director aged 87). Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (45/100).
🏦
Refinance opportunity
23 live charges · 4 lenders · oldest 29.6y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 29.6 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 50/100 (high).
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
23 charges (23/23 with lender, 23/23 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
23 connected companies via shared directors
90
Filing history
108 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
82
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
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (66 events)Click to expand
- 2025-12-30📄accounts-with-accounts-type-smallaccounts · AA
- 2025-01-13📄accounts-with-accounts-type-smallaccounts · AA
- 2024-07-31📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-07-24🔒Charge registered #23Lender: Clydesdale Bank PLC (Trading as Virgin Money)
- 2024-06-25📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-06-18📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-06-04➕MILLATT, Jonathan James appointeddirector
- 2024-06-03➖BROOKS, Roy John resigneddirector
- 2024-05-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-05-15🔒Charge registered #22Lender: Clydesdale Bank PLC (Trading as Virgin Money)
- 2024-02-05📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-01-30➕MILLATT, Robert William appointeddirector
- 2024-01-30➖OSBORNE, Marion Terase Frances resigneddirector
- 2024-01-30📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-01-03📄accounts-with-accounts-type-smallaccounts · AA
- 2023-07-27📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-07-27📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-07-27📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-07-27📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-07-25🔒Charge registered #20Lender: Clydesdale Bank PLC (Trading as Virgin Money)
- 2023-07-25🔒Charge registered #19Lender: Clydesdale Bank PLC (Trading as Virgin Money)
- 2023-07-25🔒Charge registered #18Lender: Clydesdale Bank PLC (Trading as Virgin Money)
- 2023-07-24🔒Charge registered #21Lender: Clydesdale Bank PLC (Trading as Virgin Money)
- 2023-06-20📄change-person-director-company-with-change-dateofficers · CH01
- 2023-01-09📄accounts-with-accounts-type-smallaccounts · AA
- 2021-12-01📄accounts-with-accounts-type-smallaccounts · AA
- 2021-08-03📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-07-16🔒Charge registered #17Lender: Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank)
- 2021-06-18📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-06-04🔒Charge registered #16Lender: Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank)
- 2021-02-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-01-14🔒Charge registered #15Lender: Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank)
- 2020-12-30📄accounts-with-accounts-type-smallaccounts · AA
- 2020-05-06🔒Charge registered #14Lender: Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank)
- 2015-08-21🔒Charge registered #13Lender: Clydesdale Bank PLC
- 2015-08-21🔒Charge registered #12Lender: Clydesdale Bank PLC
- 2014-07-21🔒Charge registered #11Lender: Clydesdale Bank PLC
- 2014-07-21🔒Charge registered #10Lender: Clydesdale Bank PLC
- 2014-07-21🔒Charge registered #9Lender: Clydesdale Bank PLC
- 2014-05-01➕CATTO, Stuart Alexander appointeddirector
- 2014-05-01➖LIGERTWOOD, John Gordon resignedsecretary
- 2014-05-01➖LIGERTWOOD, John Gordon resigneddirector
- 2007-05-02➕OSBORNE, Marion Terase Frances appointeddirector
- 2007-03-26➖DOREY, Anthony John resigneddirector
- 2001-04-02🔒Charge registered #8Lender: Clydesdale Bank Public Limited Company
- 2001-04-02🔒Charge registered #7Lender: Clydesdale Bank Public Limited Company
- 1999-09-16🔒Charge registered #6Lender: Clydesdale Bank Public Limited Company
- 1999-09-16🔒Charge registered #5Lender: Clydesdale Bank Public Limited Company
- 1998-12-10➕CATTO, Glenda Jane appointeddirector
- 1998-09-27➖CATTO, Eva Louise resigneddirector
Showing most recent 50 of 66 events
Owner dependency
73/100
High — earn-out structure requiredMaterial 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 candidateStrong 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
1 low23 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Group structure
Scotline Marine Holdings Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Scotline Marine Holdings Ltd
Corporate parent · holds 75-100% shares
⬇
SCOT TRADER SHIPPING LIMITED
This company · SC166821
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Scotline Marine Holdings Ltd Corporate entity | 75–100% | — | 75-100% shares | 01/07/2016 |
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 →Similar companies
Active · Transport & logistics · IV postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| PLM DOLLAR GROUP LIMITED→ SC157532 · est 1995 | £9.10M £6.82M–£11.37M | — | — | 8400 | 31y | 81 | 67y |
| CRESTMOUNT LIMITED→ SC210376 · est 2000 | — | — | £99.3k | — | 25y | 83 | 62y |
| INVERNESS MARINA LIMITED→ SC325102 · est 2007 | — | — | £432.6k | — | 18y | 83 | 69y |
| ISLE OF SKYE FERRY COMMUNITY INTEREST COMPANY→ SC297537 · est 2006 · no financials extracted | — | — | — | — | 20y | 83 | 76y |
| ORD STORAGE SERVICES LTD.→ SC223112 · est 2001 · no financials extracted | — | — | — | — | 24y | 83 | 70y |
| SCOTLINE MARINE HOLDINGS LIMITED→ SC161473 · est 1995 · no financials extracted | — | — | — | — | 30y | 83 | 87y |
| B CORMACK & SON LIMITED→ SC236297 · est 2002 | — | — | £222.4k | — | 23y | 82 | 62y |
| CHAUFFEURS INVERNESS LIMITED→ SC350202 · est 2008 | — | — | £48.2k | — | 17y | 82 | 74y |
| EURO COACH SERVICES LIMITED→ SC133208 · est 1991 | — | — | — | 0 | 34y | 82 | 65y |
| GLENFOLD LTD.→ SC377452 · est 2010 | — | — | £752.2k | — | 16y | 82 | 62y |
| JAMES PATERSON HAULAGE LIMITED→ SC277313 · est 2004 | — | — | — | 12 | 21y | 82 | 77y |
| MACKENZIE HAULAGE (HIGHLAND) LTD.→ SC253688 · est 2003 | — | — | £51.6k | — | 22y | 82 | 58y |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated1996-07-04
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: 2026-07-18
Last: 2025-07-04
Officers (6 active · 8 resigned)
CATTO, Alexander George Munro→
Activedirector · ~87y · appointed 1996-08-21
View their other companies + combined net worth →
CATTO, Glenda Jane→
Activedirector · ~51y · appointed 1998-12-10
View their other companies + combined net worth →
CATTO, Stuart Alexander→
Activedirector · ~47y · appointed 2014-05-01
View their other companies + combined net worth →
MILLATT, Jonathan James→
Activedirector · ~44y · appointed 2024-06-04
View their other companies + combined net worth →
MILLATT, Peter Thomas→
Activedirector · ~77y · appointed 1996-08-21
View their other companies + combined net worth →
MILLATT, Robert William→
Activedirector · ~42y · appointed 2024-01-30
View their other companies + combined net worth →
LIGERTWOOD, John Gordon→
Resignedsecretary · appointed 1996-08-21 · resigned 2014-05-01
PRACTICE, The Commercial Law→
Resignedsecretary · appointed 1996-07-04 · resigned 1996-08-21
BROOKS, Roy John→
Resigneddirector · ~77y · appointed 1996-08-21 · resigned 2024-06-03
CATTO, Eva Louise→
Resigneddirector · ~81y · appointed 1996-08-21 · resigned 1998-09-27
DOREY, Anthony John→
Resigneddirector · ~87y · appointed 1996-08-21 · resigned 2007-03-26
LIGERTWOOD, John Gordon→
Resigneddirector · ~95y · appointed 1996-08-21 · resigned 2014-05-01
OSBORNE, Marion Terase Frances→
Resigneddirector · ~66y · appointed 2007-05-02 · resigned 2024-01-30
MMA NOMINEES LIMITED→
Resignedcorporate-director · appointed 1996-07-04 · resigned 1996-08-21
Click a director name to see their full track record across all companies.
Mortgages & charges
23
Total charges
23
Outstanding
1
Active lenders
Status:Lender:23 of 23 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Virgin Money Clydesdale Bank PLC (Trading as Virgin Money) | A registered charge | — | 24/07/2024 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC (Trading as Virgin Money) | A registered charge | — | 15/05/2024 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC (Trading as Virgin Money) | A registered charge | 1 property | 25/07/2023 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC (Trading as Virgin Money) | A registered charge | 1 property | 25/07/2023 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC (Trading as Virgin Money) | A registered charge | — | 25/07/2023 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC (Trading as Virgin Money) | A registered charge | — | 24/07/2023 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank) | A registered charge | — | 16/07/2021 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank) | A registered charge | — | 04/06/2021 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank) | A registered charge | — | 14/01/2021 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank) | A registered charge | — | 06/05/2020 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC | A registered charge | — | 21/08/2015 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC | A registered charge | — | 21/08/2015 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC | A registered charge | 1 property | 21/07/2014 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC | A registered charge | — | 21/07/2014 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC | A registered charge | 1 property | 21/07/2014 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Deed of covenants | 1 property | 02/04/2001 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Ship mortgage | 1 property | 02/04/2001 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Deed of covenants | 1 property | 16/09/1999 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Ship mortgage | 1 property | 16/09/1999 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Deed of assignment | 1 property | 12/09/1996 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Deed of covenant | 1 property | 12/09/1996 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Mortgage | 1 property | 12/09/1996 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 10/09/1996 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (108 total)
accounts-with-accounts-type-small
accounts · AA
2025-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-09
accounts-with-accounts-type-small
accounts · AA
2025-01-13
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-25
appoint-person-director-company-with-name-date
officers · AP01
2024-06-25
termination-director-company-with-name-termination-date
officers · TM01
2024-06-18
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-05-24
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-small
accounts · AA
2024-01-03
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-07-27
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-07-27
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-07-27
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-07-27