THE STAR FISHING COMPANY LIMITED

🌳Matureactive
SC259129 · ltd · incorporated 2003-11-12
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 21.9y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£5.8k
book net assets
Opportunity
83/100
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 72-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 72). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

4 live charges · 2 lenders · oldest 21.9y

50/100
clean up first

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

  • · Oldest live charge is 21.9 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 25/100 — 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, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
12 officers (4 active, 12 linked, 9 with DOB)
85
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
14 connected companies via shared directors
87
Filing history
110 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
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
85
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 £5,837

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£6k
↑ 137% YoY
Current Assets
£1.1m
↑ 10% YoY
Current Liabilities
—
-£16k£201k£417k£634k£851k£1.1mDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£2.84M£2.94M
Current assets£1.07M£966.8k
Debtors£1.02M£955.4k
Net assets£5.8k£-15.7k

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

🔒Filing-note intelligence

3 signals 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
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (42 events)Click to expand
  1. 2025-09-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-09-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-12-20
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  5. 2022-12-20
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2022-12-20
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2022-11-29
    ➕
    SMITH, Andrew David appointed
    director
  8. 2022-11-29
    ➖
    GAULT, William Foster resigned
    director
  9. 2022-11-29
    ➖
    STEPHEN, James Mccracken resigned
    director
  10. 2022-09-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-09-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2020-11-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2019-08-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2019-05-01
    📄
    memorandum-articles
    incorporation · MA
  15. 2019-05-01
    📄
    resolution
    resolution · RESOLUTIONS
  16. 2018-08-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2018-07-03
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  18. 2018-06-28
    🔒
    Charge registered #4
    Lender: The Royal Bank of Scotland PLC
  19. 2017-11-14
    📍
    change-sail-address-company-with-old-address-new-address
    address · AD02
  20. 2017-09-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2014-12-23
    🔓
    Charge satisfied #2
  22. 2014-04-03
    ➕
    LEIPER, David William appointed
    director
  23. 2014-04-03
    ➕
    LEIPER, David William appointed
    director
  24. 2014-04-03
    ➖
    LEIPER, David William resigned
    director
  25. 2014-02-28
    ➖
    BEATON, Euan Drummond resigned
    director
  26. 2014-02-28
    ➖
    BEATON, Paul Drummond resigned
    director
  27. 2011-09-20
    ➖
    REILLY, Linda resigned
    secretary
  28. 2008-06-10
    🔒
    Charge registered #3
    Lender: Royal Bank of Scotland PLC
  29. 2006-08-01
    ➕
    REILLY, Linda appointed
    secretary
  30. 2006-08-01
    ➖
    PETERKINS, SOLICITORS resigned
    corporate-nominee-secretary
  31. 2005-12-28
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  32. 2004-06-16
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  33. 2003-12-31
    ➕
    FLETCHER, Ian Alasdair appointed
    director
  34. 2003-12-31
    ➕
    MACALISTER, John appointed
    director
  35. 2003-12-31
    ➕
    BEATON, Euan Drummond appointed
    director
  36. 2003-12-31
    ➕
    BEATON, Paul Drummond appointed
    director
  37. 2003-12-31
    ➕
    GAULT, William Foster appointed
    director
  38. 2003-12-31
    ➕
    STEPHEN, James Mccracken appointed
    director
  39. 2003-12-31
    ➖
    PETERKINS SERVICES LIMITED resigned
    corporate-nominee-director
  40. 2003-11-12
    🏢
    Company incorporated
    As THE STAR FISHING COMPANY LIMITED
  41. 2003-11-12
    ➕
    PETERKINS, SOLICITORS appointed
    corporate-nominee-secretary
  42. 2003-11-12
    ➕
    PETERKINS SERVICES LIMITED appointed
    corporate-nominee-director

Owner dependency

65/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 72 — succession pressure is live.

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 72 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 22 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.)

Group structure

2 corporate shareholders identified. Group structure is distributed.

🏛️
John Macalister (Oban) Limited
Corporate parent · holds 25-50% shares
significant stake
🏛️
Seafood Ecosse Limited
Corporate parent · holds 25-50% shares
significant stake
⬇
THE STAR FISHING COMPANY LIMITED
This company · SC259129

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
John Macalister (Oban) Limited
Corporate entity
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
Seafood Ecosse Limited
Corporate entity
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016

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 →

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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
Incorporated2003-11-12
Jurisdictionscotland
Primary SIC03110 — SIC 03110

Registered office

Unit 6
The South Pier
Oban
Argyll
PA34 4LS

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-11-26
Last: 2025-11-12

Officers (4 active · 8 resigned)

FLETCHER, Ian Alasdair→
director · ~64y · appointed 2003-12-31
View their other companies + combined net worth →
Active
LEIPER, David William→
director · ~50y · appointed 2014-04-03
View their other companies + combined net worth →
Active
MACALISTER, John→
director · ~72y · appointed 2003-12-31
View their other companies + combined net worth →
Active
SMITH, Andrew David→
director · ~36y · appointed 2022-11-29
View their other companies + combined net worth →
Active
REILLY, Linda→
secretary · appointed 2006-08-01 · resigned 2011-09-20
Resigned
PETERKINS, SOLICITORS→
corporate-nominee-secretary · appointed 2003-11-12 · resigned 2006-08-01
Resigned
BEATON, Euan Drummond→
director · ~55y · appointed 2003-12-31 · resigned 2014-02-28
Resigned
BEATON, Paul Drummond→
director · ~58y · appointed 2003-12-31 · resigned 2014-02-28
Resigned
GAULT, William Foster→
director · ~78y · appointed 2003-12-31 · resigned 2022-11-29
Resigned
LEIPER, David William→
director · ~50y · appointed 2014-04-03 · resigned 2014-04-03
Resigned
STEPHEN, James Mccracken→
director · ~69y · appointed 2003-12-31 · resigned 2022-11-29
Resigned
PETERKINS SERVICES LIMITED→
corporate-nominee-director · appointed 2003-11-12 · resigned 2003-12-31
Resigned

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

Mortgages & charges

4
Total charges
3
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property28/06/2018—
outstanding
Lloyds Banking Group
Royal Bank of Scotland PLC
Mortgage1 property10/06/2008—
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Mortgage1 property28/12/200523/12/2014
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property16/06/2004—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (110 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-28
appoint-person-director-company-with-name-date
officers · AP01
2022-12-20
termination-director-company-with-name-termination-date
officers · TM01
2022-12-20
termination-director-company-with-name-termination-date
officers · TM01
2022-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-11-20