SHORECROFT FISHING LIMITED

💤Zombieactive

SC245754 · ltd · incorporated 2003-03-17

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 Mar 2025

Net worth

—

book net assets

Opportunity

82/100

Exceptional

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What this business does

Primary activity: SIC 03110

Sector: Agriculture, forestry & fishing

Investor take

Pursue

Active trading company with a 66-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 66). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 15.9y

45/100

under pressure

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

· Oldest live charge is 15.9 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (78/100)

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

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

4 officers (2 active, 4 linked, 1 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

1 connected companies via shared directors

Filing history

58 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

82/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-03-31	2024-03-31
Average employees	200	200

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

filing

• 1 confirmation-statement

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (23 events)Click to expand

2025-09-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-26
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-08
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-01-05
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-13
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2018-11-26
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2017-12-07
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2016-12-14
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-03-20
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-12-23
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-04-21
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-10-10
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-03-21
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-06-10
🔒
Charge registered #1
Lender: Royal Bank of Scotland PLC
2003-03-28
➕
MCCALLUM, Shona Annabell appointed
secretary
2003-03-28
➕
MCCALLUM, David Drummond appointed
director
2003-03-28
➖
PF & S (SECRETARIES) LIMITED resigned
corporate-secretary
2003-03-28
➖
PF & S (DIRECTORS) LIMITED resigned
corporate-director
2003-03-17
🏢
Company incorporated
As SHORECROFT FISHING LIMITED
2003-03-17
➕
PF & S (SECRETARIES) LIMITED appointed
corporate-secretary
2003-03-17
➕
PF & S (DIRECTORS) LIMITED appointed
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 23 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 66 — succession pressure is live.

Succession & seller-readiness

95/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 23 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

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mr David Drummond Mccallum Individual · British · DOB 07/1960 · age 66	75–100%	75–100%	75-100% shares · 75-100% voting	10/11/2016

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 · Agriculture · IV postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
ASSYNT CROFTERS TRUST LIMITED→ SC140205 · est 1992	—	—	—	3	33y	83	88y
BLUE MOTION FISHING CO. LIMITED→ SC357414 · est 2009	—	—	£762.9k	—	17y	83	62y
BURGIE LODGE FARMS LIMITED→ SC031556 · est 1956	—	—	£1.67M	—	69y	83	73y
CAWDOR FORESTRY LIMITED→ SC218848 · est 2001	—	—	£468.9k	—	24y	83	64y
DINGWALL & HIGHLAND MARTS LIMITED→ SC154876 · est 1994	—	—	—	39	31y	83	81y
EASTER ROSS FARMERS LIMITED→ SC060125 · est 1976	—	—	—	100	49y	83	95y
SMIR SCOTLAND LIMITED→ SC553111 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
SMM FISHING LTD→ SC609929 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
SPYNIE FARMERS LIMITED→ SC113051 · est 1988 · no financials extracted	—	—	—	—	37y	—	—
STRATHNAIRN COMMUNITY WOODLANDS→ SC228026 · est 2002 · no financials extracted	—	—	—	—	24y	—	—
SUTHERLAND COMMUNITY SEAWEED CIC→ SC870173 · est 2025 · no financials extracted	—	—	—	—	—	—	—
TARTAN TIMBER HARVESTING LTD→ SC849444 · est 2025 · no financials extracted	—	—	—	—	—	—	—

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

Incorporated2003-03-17

Jurisdictionscotland

Primary SIC03110 — SIC 03110

Registered office

Shorecroft

Culbokie

IV7 8LS

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-03-30

Last: 2026-03-16

Officers (2 active · 2 resigned)

MCCALLUM, Shona Annabell→

secretary · appointed 2003-03-28

View their other companies + combined net worth →

Active

MCCALLUM, David Drummond→

director · ~66y · appointed 2003-03-28

View their other companies + combined net worth →

Active

PF & S (SECRETARIES) LIMITED→

corporate-secretary · appointed 2003-03-17 · resigned 2003-03-28

Resigned

PF & S (DIRECTORS) LIMITED→

corporate-director · appointed 2003-03-17 · resigned 2003-03-28

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:1 of 1 shown

			Type	Properties
	outstanding	Lloyds Banking Group Royal Bank of Scotland PLC	Floating charge	1 property	10/06/2010	—

Click column headers to sort. Use filters above to narrow by status and lender.