LOCH DUNVEGAN SHELLFISH LIMITED
🌳Matureactive
SC246565 · ltd · incorporated 2003-03-26
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 Mar 2025
Net worth
£493.8k
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: SIC 03110
Sector: Agriculture, forestry & fishing
Investor take
PursueAsset-holding vehicle with a 65-year-old founder — textbook succession opportunity.
Opportunity 75/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 65). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
Data confidence
Overall: medium (79/100)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
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
6 officers (2 active, 6 linked, 4 with DOB)
83
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
74 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £493,833
Net assets shrinking
Down £14,285 YoY
Cash YoY
+119%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£126k
↑ 119% YoY
Net Worth
£494k
↓ 2.8% YoY
Current Assets
£200k
↑ 38% YoY
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 |
|---|---|---|
| Total assets | £582.1k | £604.4k |
| Current assets | £200.3k | £145.4k |
| Cash | £125.6k | £57.3k |
| Debtors | £69.7k | £79.6k |
| Net assets | £493.8k | £508.1k |
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 confirmation-statement
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
- 2025-12-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-07-30➖MACKINNON, Jeannette Marion resignedsecretary
- 2025-07-30➖MACKINNON, Jeannette Marion resigneddirector
- 2025-07-30📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-07-30📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-07-30📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-11📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-11-11📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-10-30📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-10-28📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-04-28📄change-person-director-company-with-change-dateofficers · CH01
- 2022-04-28📄change-person-secretary-company-with-change-dateofficers · CH03
- 2022-04-28📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-03-24➕MACKINNON, William Murdo appointeddirector
- 2022-03-24➖MACKINNON, William Murdo resigneddirector
- 2022-03-24📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-03-24📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-09-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-11-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-06-20➕MACKINNON, Kevin Christopher appointeddirector
- 2011-02-24➕MACKINNON, Jeannette Marion appointeddirector
- 2003-03-26🏢Company incorporatedAs LOCH DUNVEGAN SHELLFISH LIMITED
- 2003-03-26➕MACKINNON, Jeannette Marion appointedsecretary
- 2003-03-26➕OSWALDS OF EDINBURGH LIMITED appointedcorporate-nominee-secretary
- 2003-03-26➖OSWALDS OF EDINBURGH LIMITED resignedcorporate-nominee-secretary
- 2003-03-26➕MACKINNON, William Murdo appointeddirector
Owner dependency
81/100
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.
- +Founder age: Director aged approximately 65 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
66/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondaryStable-but-static management: Company is 23 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 med ·2 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: MACKINNON, Jeannette Marion resigned 2025-07-30; MACKINNON, Jeannette Marion resigned 2025-07-30
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr William Murdo Mackinnon Individual · Scottish · DOB 11/1962 · age 64 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 06/04/2016 |
1 historic (ceased) PSC
- Mrs Jeannette Marion Mackinnonceased 21/01/2020· significant influence
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 |
|---|---|---|---|---|---|---|---|
| LAID WOODLANDS AND LOCHANS LTD.→ SC178828 · est 1997 · no financials extracted | — | — | — | — | 28y | — | — |
| MOROV LTD→ SC760765 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| OCEIN SCOTLAND LIMITED→ SC737087 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ORD STABLES LTD→ SC690220 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| PECHEURS ECOSSE LIMITED→ SC581815 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| PTOROTON HOLDINGS LTD→ SC596999 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| RA ENGINEERING (MARINE) LTD→ SC775702 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| RELUGAS FARMS LIMITED→ SC111224 · est 1988 · no financials extracted | — | — | — | — | 37y | — | — |
| RIGGING ACCESS SOLUTIONS LTD→ SC423263 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| RISING ROOTS LTD→ SC757929 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| RODERICK MACLENNAN CONTRACTOR LTD→ SC882482 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| SALTIRE HIGHLAND FARMS LIMITED→ SC774565 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
7 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
Incorporated2003-03-26
Jurisdictionscotland
Primary SIC03110 — SIC 03110
Registered office
C/O Campbell Stewart Maclennan & Co
Unit 3 Broom Place
Portree
IV51 9HL
Scotland
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-09
Last: 2026-03-26
Officers (2 active · 4 resigned)
MACKINNON, Kevin Christopher→
Activedirector · ~38y · appointed 2019-06-20
View their other companies + combined net worth →
MACKINNON, William Murdo→
Activedirector · ~65y · appointed 2022-03-24
View their other companies + combined net worth →
MACKINNON, Jeannette Marion→
Resignedsecretary · appointed 2003-03-26 · resigned 2025-07-30
OSWALDS OF EDINBURGH LIMITED→
Resignedcorporate-nominee-secretary · appointed 2003-03-26 · resigned 2003-03-26
MACKINNON, Jeannette Marion→
Resigneddirector · ~69y · appointed 2011-02-24 · resigned 2025-07-30
MACKINNON, William Murdo→
Resigneddirector · ~64y · appointed 2003-03-26 · resigned 2022-03-24
Click a director name to see their full track record across all companies.
Recent filings (74 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-24
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-07-30
termination-director-company-with-name-termination-date
officers · TM01
2025-07-30
termination-secretary-company-with-name-termination-date
officers · TM02
2025-07-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-19
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-27
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-11-11
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-11-11
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-10-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-10-28