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.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 28.0y old — refinance window within 12 months
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
64/100
Worth a look
🔔
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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 28.0y

50/100
clean up first

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

  • · Oldest live charge is 28.0 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
  1. 2012-06-15
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2012-06-15
    🏁
    Company dissolved
  3. 2012-02-24
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2012-02-13
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2012-01-05
    ➖
    BLACK, John Hansen resigned
    director
  6. 2012-01-05
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2011-11-29
    📄
    accounts-with-accounts-type-small
    accounts · AA
  8. 2011-10-05
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2011-10-01
    ➖
    HAWKINS, Iris Jean resigned
    director
  10. 2011-07-12
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  11. 2010-12-15
    📄
    accounts-with-accounts-type-small
    accounts · AA
  12. 2010-06-23
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2010-06-23
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2009-11-27
    📄
    accounts-with-accounts-type-small
    accounts · AA
  15. 2009-06-19
    📄
    legacy
    annual-return · 363a
  16. 2009-06-19
    📄
    legacy
    officers · 288c
  17. 2009-04-17
    📄
    legacy
    officers · 288b
  18. 2009-04-12
    ➖
    HENDERSON, Ruth resigned
    director
  19. 2008-12-22
    📄
    accounts-with-accounts-type-small
    accounts · AA
  20. 2008-07-01
    📄
    legacy
    annual-return · 363a
  21. 2008-05-06
    ➖
    CLUNESS, Alexander Jamieson resigned
    director
  22. 2008-05-06
    📄
    legacy
    officers · 288b
  23. 2008-03-19
    📄
    legacy
    officers · 288b
  24. 2008-03-18
    ➖
    DRYBURGH, Peter Alexander resigned
    director
  25. 2007-12-18
    📄
    accounts-with-accounts-type-small
    accounts · AA
  26. 2007-06-25
    📄
    legacy
    annual-return · 363a
  27. 2007-05-30
    📄
    legacy
    officers · 288b
  28. 2007-05-30
    📄
    legacy
    officers · 288b
  29. 2007-05-30
    📄
    legacy
    officers · 288b
  30. 2007-05-23
    ➖
    MANSON, William Henry resigned
    director
  31. 2007-05-23
    ➖
    RATTER, William Andrew resigned
    director
  32. 2007-05-23
    ➖
    SIMPSON, Joseph Gilbert resigned
    director
  33. 2006-11-22
    📄
    accounts-with-accounts-type-small
    accounts · AA
  34. 2006-06-22
    📄
    legacy
    annual-return · 363a
  35. 2005-06-02
    ➖
    ANGUS, Leslie resigned
    director
  36. 2005-01-21
    ➕
    NICOLSON, Arthur Benjamin appointed
    director
  37. 2005-01-21
    ➕
    SIMPSON, Joseph Gilbert appointed
    director
  38. 2004-04-15
    ➖
    BLACK, Barbara Ann, Dr resigned
    director
  39. 2004-03-18
    ➕
    DRYBURGH, Peter Alexander appointed
    director
  40. 2003-10-15
    ➕
    SANDISON, David Alexander appointed
    director
  41. 2003-10-15
    ➕
    ANGUS, Leslie appointed
    director
  42. 2003-10-15
    ➕
    BLACK, Barbara Ann, Dr appointed
    director
  43. 2003-10-15
    ➕
    BLACK, John Hansen appointed
    director
  44. 2003-10-15
    ➕
    HAWKINS, Iris Jean appointed
    director
  45. 2003-10-15
    ➕
    HENDERSON, Ruth appointed
    director
  46. 2003-10-15
    ➕
    MANSON, William Henry appointed
    director
  47. 2003-10-01
    ➖
    HAMMOND, David Abraham resigned
    director
  48. 2003-10-01
    ➖
    SIMPSON, Joseph Gilbert resigned
    director
  49. 2003-07-03
    ➖
    JOHNSON, Gilbert resigned
    director
  50. 2003-07-03
    ➖
    JOHNSON, Gordon resigned
    director
Showing most recent 50 of 83 events

Owner dependency

83/100
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
  • +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 candidate

Strong 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
high

Company 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 →

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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

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)

TULLOCH, Fiona→
secretary · appointed 1997-11-10
View their other companies + combined net worth →
Active
NICOLSON, Arthur Benjamin→
director · ~86y · appointed 2005-01-21
View their other companies + combined net worth →
Active
SANDISON, David Alexander→
director · ~66y · appointed 2003-10-15
View their other companies + combined net worth →
Active
BRODIES WS→
corporate-nominee-secretary · appointed 1997-06-18 · resigned 1997-11-10
Resigned
ANGUS, Leslie→
director · ~86y · appointed 2003-10-15 · resigned 2005-06-02
Resigned
BLACK, Barbara Ann, Dr→
director · ~58y · appointed 2003-10-15 · resigned 2004-04-15
Resigned
BLACK, John Hansen→
director · ~60y · appointed 2003-10-15 · resigned 2012-01-05
Resigned
CLUNESS, Alexander Jamieson→
director · ~85y · appointed 2002-06-24 · resigned 2008-05-06
Resigned
DRYBURGH, Peter Alexander→
director · ~75y · appointed 2004-03-18 · resigned 2008-03-18
Resigned
GOODLAD, Morgan Henderson→
director · ~76y · appointed 1997-11-10 · resigned 2000-03-14
Resigned
GUILD, David William Alan→
nominee-director · ~73y · appointed 1997-06-18 · resigned 1997-11-10
Resigned
HAMMOND, David Abraham→
director · ~78y · appointed 2002-06-24 · resigned 2003-10-01
Resigned
HAWKINS, Iris Jean→
director · ~80y · appointed 2003-10-15 · resigned 2011-10-01
Resigned
HENDERSON, Ruth→
director · ~64y · appointed 2003-10-15 · resigned 2009-04-12
Resigned
HUTCHISON, Loretta→
director · ~79y · appointed 1999-09-21 · resigned 2002-04-30
Resigned
JOHNSON, Gilbert→
director · ~96y · appointed 1998-12-16 · resigned 2003-07-03
Resigned
JOHNSON, Gordon→
director · ~70y · appointed 2000-03-14 · resigned 2003-07-03
Resigned
LEASK, Derek Hunter→
director · ~61y · appointed 2000-03-14 · resigned 2002-04-30
Resigned
MANSON, William Henry→
director · ~83y · appointed 2003-10-15 · resigned 2007-05-23
Resigned
RATTER, William Andrew→
director · ~74y · appointed 2003-07-03 · resigned 2007-05-23
Resigned

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
TypeProperties
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property12/03/2002—
satisfied
Shetland Leasing and Property Developments
Shetland Leasing and Property Developments Limited
Bond & floating charge1 property15/07/199820/12/2002
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