SHETLAND FISHERIES CENTRE LIMITED
⚰️Wound downdissolved
SC176504 · ltd · incorporated 1997-06-18
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 27.8y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
64/100
Worth a look
What this business does
Primary activity: SIC 7487
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 64/100 (worth a look), bankability 70/100. Strong seller-intent signal (78/100, director aged 86). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 27.8y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 27.8 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 30/100 — workable, but lender will want more DD.
Data confidence
Overall: low (51/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
28 officers (3 active, 28 linked, 26 with DOB)
89
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
7 connected companies via shared directors
66
Filing history
103 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
64/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review 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 (83 events)Click to expand
- 2012-06-15📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2012-06-15🏁Company dissolved
- 2012-02-24📄gazette-notice-voluntarygazette · GAZ1(A)
- 2012-02-13📄dissolution-application-strike-off-companydissolution · DS01
- 2012-01-05➖BLACK, John Hansen resigneddirector
- 2012-01-05📄termination-director-company-with-name-termination-dateofficers · TM01
- 2011-11-29📄accounts-with-accounts-type-smallaccounts · AA
- 2011-10-05📄termination-director-company-with-name-termination-dateofficers · TM01
- 2011-10-01➖HAWKINS, Iris Jean resigneddirector
- 2011-07-12📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-12-15📄accounts-with-accounts-type-smallaccounts · AA
- 2010-06-23📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-06-23📄change-person-director-company-with-change-dateofficers · CH01
- 2009-11-27📄accounts-with-accounts-type-smallaccounts · AA
- 2009-06-19📄legacyannual-return · 363a
- 2009-06-19📄legacyofficers · 288c
- 2009-04-17📄legacyofficers · 288b
- 2009-04-12➖HENDERSON, Ruth resigneddirector
- 2008-12-22📄accounts-with-accounts-type-smallaccounts · AA
- 2008-07-01📄legacyannual-return · 363a
- 2008-05-06➖CLUNESS, Alexander Jamieson resigneddirector
- 2008-05-06📄legacyofficers · 288b
- 2008-03-19📄legacyofficers · 288b
- 2008-03-18➖DRYBURGH, Peter Alexander resigneddirector
- 2007-12-18📄accounts-with-accounts-type-smallaccounts · AA
- 2007-06-25📄legacyannual-return · 363a
- 2007-05-30📄legacyofficers · 288b
- 2007-05-30📄legacyofficers · 288b
- 2007-05-30📄legacyofficers · 288b
- 2007-05-23➖MANSON, William Henry resigneddirector
- 2007-05-23➖RATTER, William Andrew resigneddirector
- 2007-05-23➖SIMPSON, Joseph Gilbert resigneddirector
- 2006-11-22📄accounts-with-accounts-type-smallaccounts · AA
- 2006-06-22📄legacyannual-return · 363a
- 2005-06-02➖ANGUS, Leslie resigneddirector
- 2005-01-21➕NICOLSON, Arthur Benjamin appointeddirector
- 2005-01-21➕SIMPSON, Joseph Gilbert appointeddirector
- 2004-04-15➖BLACK, Barbara Ann, Dr resigneddirector
- 2004-03-18➕DRYBURGH, Peter Alexander appointeddirector
- 2003-10-15➕SANDISON, David Alexander appointeddirector
- 2003-10-15➕ANGUS, Leslie appointeddirector
- 2003-10-15➕BLACK, Barbara Ann, Dr appointeddirector
- 2003-10-15➕BLACK, John Hansen appointeddirector
- 2003-10-15➕HAWKINS, Iris Jean appointeddirector
- 2003-10-15➕HENDERSON, Ruth appointeddirector
- 2003-10-15➕MANSON, William Henry appointeddirector
- 2003-10-01➖HAMMOND, David Abraham resigneddirector
- 2003-10-01➖SIMPSON, Joseph Gilbert resigneddirector
- 2003-07-03➖JOHNSON, Gilbert resigneddirector
- 2003-07-03➖JOHNSON, Gordon resigneddirector
Showing most recent 50 of 83 events
Owner dependency
83/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 86 — succession pressure is live.
Succession & seller-readiness
96/100
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 86 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 29 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
1 high ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2012-06-15
🔒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 · Professional services · ZE postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A B ASSOCIATES LIMITED→ SC151350 · est 1994 · no financials extracted | — | — | — | — | 31y | — | — |
| ADAM H PRIEST LIMITED→ SC676760 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ADROITT VENTURES LTD→ SC861383 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BML ACCOUNTS LIMITED→ SC561112 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| BURRA CAD SERVICES LTD→ SC464200 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| D MCDONNELL ENGINEERING LIMITED→ SC800801 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| FRANK L. JOHNSTON (SHETLAND) LIMITED→ SC066562 · est 1978 · no financials extracted | — | — | — | — | 47y | — | — |
| HAMEPARK HOLDINGS LIMITED→ SC451413 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| HATAL'S SELF STORAGE LTD→ SC512451 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| J & E FISHING LTD→ SC717338 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| KERRY ROBERTS ASSOCIATES LTD→ SC688860 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| LEADHERSHIPXCHANGE LTD→ SC732737 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
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
Statusdissolved
Typeltd
Incorporated1997-06-18
Jurisdictionscotland
Primary SIC7487 — SIC 7487
Registered office
Nafc Marine Centre, Port Arthur
Scalloway
Shetland
ZE1 0UN
Filing status
Accounts
Next due: —
Last made up to: 2011-03-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 25 resigned)
Active
NICOLSON, Arthur Benjamin→
Activedirector · ~86y · appointed 2005-01-21
View their other companies + combined net worth →
SANDISON, David Alexander→
Activedirector · ~66y · appointed 2003-10-15
View their other companies + combined net worth →
BRODIES WS→
Resignedcorporate-nominee-secretary · appointed 1997-06-18 · resigned 1997-11-10
ANGUS, Leslie→
Resigneddirector · ~86y · appointed 2003-10-15 · resigned 2005-06-02
BLACK, Barbara Ann, Dr→
Resigneddirector · ~58y · appointed 2003-10-15 · resigned 2004-04-15
BLACK, John Hansen→
Resigneddirector · ~60y · appointed 2003-10-15 · resigned 2012-01-05
CLUNESS, Alexander Jamieson→
Resigneddirector · ~85y · appointed 2002-06-24 · resigned 2008-05-06
DRYBURGH, Peter Alexander→
Resigneddirector · ~75y · appointed 2004-03-18 · resigned 2008-03-18
GOODLAD, Morgan Henderson→
Resigneddirector · ~76y · appointed 1997-11-10 · resigned 2000-03-14
GUILD, David William Alan→
Resignednominee-director · ~73y · appointed 1997-06-18 · resigned 1997-11-10
HAMMOND, David Abraham→
Resigneddirector · ~78y · appointed 2002-06-24 · resigned 2003-10-01
HAWKINS, Iris Jean→
Resigneddirector · ~80y · appointed 2003-10-15 · resigned 2011-10-01
HENDERSON, Ruth→
Resigneddirector · ~64y · appointed 2003-10-15 · resigned 2009-04-12
HUTCHISON, Loretta→
Resigneddirector · ~79y · appointed 1999-09-21 · resigned 2002-04-30
JOHNSON, Gilbert→
Resigneddirector · ~96y · appointed 1998-12-16 · resigned 2003-07-03
JOHNSON, Gordon→
Resigneddirector · ~70y · appointed 2000-03-14 · resigned 2003-07-03
LEASK, Derek Hunter→
Resigneddirector · ~61y · appointed 2000-03-14 · resigned 2002-04-30
MANSON, William Henry→
Resigneddirector · ~83y · appointed 2003-10-15 · resigned 2007-05-23
RATTER, William Andrew→
Resigneddirector · ~74y · appointed 2003-07-03 · resigned 2007-05-23
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 12/03/2002 | — | |
| satisfied | Shetland Leasing and Property Developments Shetland Leasing and Property Developments Limited | Bond & floating charge | 1 property | 15/07/1998 | 20/12/2002 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (103 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2012-06-15
gazette-notice-voluntary
gazette · GAZ1(A)
2012-02-24
dissolution-application-strike-off-company
dissolution · DS01
2012-02-13
termination-director-company-with-name-termination-date
officers · TM01
2012-01-05
accounts-with-accounts-type-small
accounts · AA
2011-11-29
termination-director-company-with-name-termination-date
officers · TM01
2011-10-05
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-07-12
accounts-with-accounts-type-small
accounts · AA
2010-12-15
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-06-23
change-person-director-company-with-change-date
officers · CH01
2010-06-23
accounts-with-accounts-type-small
accounts · AA
2009-11-27
legacy
annual-return · 363a
2009-06-19
legacy
officers · 288c
2009-06-19
legacy
officers · 288b
2009-04-17
accounts-with-accounts-type-small
accounts · AA
2008-12-22