C & A THOMASON LTD.

🌳Matureactive
SC197920 · ltd · incorporated 1999-07-08
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
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jul 2025
Net worth
£217.5k
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: SIC 03110
Sector: Agriculture, forestry & fishing
ALSO REGISTERED FOR
  • 03210SIC 03210
Investor take
Pursue
Active trading company with a 88-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 57/100. Strong seller-intent signal (63/100, director aged 88). Share purchase looks the cleaner deal structure. 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 (65/100).

🏦

Refinance opportunity

5 live charges · 4 lenders · oldest 26.1y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 26.1 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Legal-friction score 35/100 — workable, but lender will want more DD.

Data confidence

Overall: high (83/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
3 years of iXBRL accounts extracted + narrative notes parsed
95
Lenders & charges
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
6 officers (4 active, 6 linked, 3 with DOB)
80
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
74 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 £217,473
Net assets shrinking
Down £37,550 YoY

Key financials

3 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£217k
↓ 15% YoY
Current Assets
£181k
↓ 23% YoY
Current Liabilities
—
£0£164k£329k£493k£658k£822kJul 2023Jul 2024Jul 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-07-312024-07-312023-07-31
Total assets£802.9k£949.4k£836.5k
Current assets£180.9k£234.3k£822.0k
Cash——£137.1k
Debtors£86.1k£133.3k£587.7k
Net assets£217.5k£255.0k£367.0k

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

🔒Filing-note intelligence

1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

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 (30 events)Click to expand
  1. 2026-04-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-01-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-04-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-04-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-06-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2022-06-16
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2022-05-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-04-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2020-04-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2019-03-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2018-01-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2017-03-28
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2016-01-17
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2015-07-08
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2015-03-27
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2013-05-04
    🔓
    Charge satisfied #1
  17. 2013-04-18
    🔒
    Charge registered #5
    Lender: Seafood Shetland
  18. 2010-12-14
    🔒
    Charge registered #4
    Lender: Clydesdale Bank PLC
  19. 2010-08-19
    🔒
    Charge registered #3
    Lender: Clydesdale Bank PLC
  20. 2006-07-08
    ➕
    THOMASON, Christopher David appointed
    secretary
  21. 2006-07-08
    ➖
    THOMASON, Henry Alister Christopher resigned
    secretary
  22. 2003-08-20
    🔒
    Charge registered #2
    Lender: The Trustees of the Shetland Development Trust
  23. 2002-07-10
    ➕
    THOMASON, Robert Marvin appointed
    director
  24. 2000-04-10
    🔒
    Charge registered #1
    Lender: Shetland Development Trust
  25. 1999-07-08
    🏢
    Company incorporated
    As C & A THOMASON LTD.
  26. 1999-07-08
    ➕
    THOMASON, Christopher David appointed
    director
  27. 1999-07-08
    ➕
    THOMASON, Henry Alister Christopher appointed
    director
  28. 1999-07-08
    ➕
    THOMASON, Henry Alister Christopher appointed
    secretary
  29. 1999-07-08
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  30. 1999-07-08
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary

Owner dependency

98/100
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
  • +Founder name in company name: Company name contains director surname "THOMASON" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 27 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 88 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

90/100
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 88 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 27 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 27 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.)

Shareholders & ownership

3 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Henry Alister Christopher Thomason
Individual · British · DOB 05/1938 · age 88
25–50%
25–50%board control25-50% shares · 25-50% voting · board control06/04/2016
Robert Marvin Thomason
Individual · British · DOB 11/1965 · age 61
25–50%
25–50%board controlsig. influence25-50% shares · 25-50% voting · board control · significant influence06/04/2016
Mr Christopher David Thomason
Individual · British · DOB 12/1962 · age 64
25–50%
25–50%board controlsig. influence25-50% shares · 25-50% voting · board control · significant influence06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Agriculture · ZE postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
RESEARCH FISHING CO. LIMITED→
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——039y8187y
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——025y8075y
GRONIDAAL ORGANIC SMOLTS LTD.→
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——£396.2k—19y8382y
UNST SHELLFISH LTD.→
SC326121 · est 2007
——£180.6k—18y8361y
GUIDING LIGHT FISHING COMPANY LIMITED→
SC339799 · est 2008
———218y8258y
SHETLAND MARINE LIMITED→
SC398706 · est 2011
———315y8270y
SHETLAND SEAFOOD AUCTIONS LIMITED→
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——£408.2k—27y8262y
TINGWALL LIVESTOCK LIMITED→
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——£247.4k—20y8275y
ANDERSON BROS (VOE) LTD.→
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——£220.2k—23y8064y
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——£16.08M—22y8058y
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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
Incorporated1999-07-08
Jurisdictionscotland
Primary SIC03110 — SIC 03110

Registered office

C & A Thomason Ltd. Cullivoe Harbour Industrial Site
Cullivoe
Yell
Shetland
ZE2 9DD

Filing status

Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-07-22
Last: 2025-07-08

Officers (4 active · 2 resigned)

THOMASON, Christopher David→
secretary · appointed 2006-07-08
View their other companies + combined net worth →
Active
THOMASON, Christopher David→
director · ~64y · appointed 1999-07-08
View their other companies + combined net worth →
Active
THOMASON, Henry Alister Christopher→
director · ~88y · appointed 1999-07-08
View their other companies + combined net worth →
Active
THOMASON, Robert Marvin→
director · ~61y · appointed 2002-07-10
View their other companies + combined net worth →
Active
THOMASON, Henry Alister Christopher→
secretary · appointed 1999-07-08 · resigned 2006-07-08
Resigned
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 1999-07-08 · resigned 1999-07-08
Resigned

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

Mortgages & charges

5
Total charges
4
Outstanding
3
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
outstanding
Seafood Shetland
A registered charge1 property18/04/2013—
outstanding
Virgin Money
Clydesdale Bank PLC
Floating charge1 property14/12/2010—
outstanding
Virgin Money
Clydesdale Bank PLC
Mortgage of a ship1 property19/08/2010—
outstanding
The Trustees of the Shetland Development Trust
Standard security1 property20/08/2003—
satisfied
Shetland Development Trust
Floating charge1 property10/04/200004/05/2013
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (74 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-08
change-person-director-company-with-change-date
officers · CH01
2022-06-16
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-06-16
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-09
accounts-with-accounts-type-micro-entity
accounts · AA
2021-04-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-07-08
accounts-with-accounts-type-micro-entity
accounts · AA
2020-04-09