THE SHETLAND SOAP COMPANY LIMITED

💤Zombieactive
SC260309 · ltd · incorporated 2003-12-04
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
—
not disclosed
Net worth
—
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 75/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (56/100)

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
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
8 officers (2 active, 8 linked, 4 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
69 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
60
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
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 (30 events)Click to expand
  1. 2025-07-15
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-09-06
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2023-09-22
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2022-10-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2021-09-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2020-10-07
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2019-09-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2018-09-19
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2017-09-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2017-03-21
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  11. 2017-01-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2015-12-14
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2015-11-11
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2015-09-02
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2014-12-16
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2013-11-04
    ➖
    SMITH, James Laurence Barclay resigned
    director
  17. 2010-03-27
    ➖
    MCGHEE, George Chalmers resigned
    director
  18. 2008-07-01
    ➖
    JOHNSON, Ann resigned
    director
  19. 2006-12-11
    ➕
    MCGHEE, George Chalmers appointed
    director
  20. 2006-12-11
    ➕
    SMITH, James Laurence Barclay appointed
    director
  21. 2003-12-04
    🏢
    Company incorporated
    As THE SHETLAND SOAP COMPANY LIMITED
  22. 2003-12-04
    ➕
    JAMIESON, Neil Martin appointed
    secretary
  23. 2003-12-04
    ➕
    JAMIESON, Neil Martin appointed
    director
  24. 2003-12-04
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  25. 2003-12-04
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  26. 2003-12-04
    ➕
    JOHNSON, Ann appointed
    director
  27. 2003-12-04
    ➕
    JORDANS (SCOTLAND) LIMITED appointed
    corporate-nominee-director
  28. 2003-12-04
    ➖
    JORDANS (SCOTLAND) LIMITED resigned
    corporate-nominee-director
  29. 2003-12-04
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-director
  30. 2003-12-04
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-director

Owner dependency

85/100
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.

Succession & seller-readiness

75/100
Likely off-market candidate

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

SIGNALS
  • 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
NameSharesVoting rightsNature of controlNotified
Mr Neil Martin Jamieson
Individual · British · DOB 05/1969 · age 57
——sig. influencesignificant influence01/11/2016

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 · Other · ZE postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
NORTHMAVINE DEVELOPMENT COMPANY→
SC145220 · est 1993
————32y8177y
FLUGGA BOATS LIMITED→
SC343975 · est 2008
————17y8076y
TN & HC PROPERTY LEASING LTD→
SC116125 · est 1989
————37y8086y
BRESSAY DEVELOPMENT LTD→
SC513684 · est 2015 · no financials extracted
————10y7873y
C.T. SHETLAND (T.M.) LIMITED→
SC072648 · est 1980 · no financials extracted
————45y7868y
ISLAND ADVENTURE LIMITED→
SC349692 · est 2008
————17y7760y
GUNGILSUND LTD→
SC606794 · est 2018
——£100—7y7668y
SHETLAND FOOD AND DRINK LIMITED→
SC566759 · est 2017
———09y7672y
FAROE'S FINEST LTD→
SC364540 · est 2009
————16y7549y
SHETLAND SHELLFISH MANAGEMENT ORGANISATION→
SC191506 · est 1998
———127y7576y
VOLUNTARY ACTION SHETLAND→
SC165677 · est 1996 · no financials extracted
————30y7579y
ISLAND TRAILS LTD→
SC439481 · est 2012
————13y7452y
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
Incorporated2003-12-04
Jurisdictionscotland
Primary SIC99999 — SIC 99999

Registered office

Port Business Park
Gremista
Lerwick
ZE1 0TW

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-18
Last: 2025-12-04

Officers (2 active · 6 resigned)

JAMIESON, Neil Martin→
secretary · appointed 2003-12-04
View their other companies + combined net worth →
Active
JAMIESON, Neil Martin→
director · ~57y · appointed 2003-12-04
View their other companies + combined net worth →
Active
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 2003-12-04 · resigned 2003-12-04
Resigned
JOHNSON, Ann→
director · ~62y · appointed 2003-12-04 · resigned 2008-07-01
Resigned
MCGHEE, George Chalmers→
director · ~71y · appointed 2006-12-11 · resigned 2010-03-27
Resigned
SMITH, James Laurence Barclay→
director · ~85y · appointed 2006-12-11 · resigned 2013-11-04
Resigned
JORDANS (SCOTLAND) LIMITED→
corporate-nominee-director · appointed 2003-12-04 · resigned 2003-12-04
Resigned
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-director · appointed 2003-12-04 · resigned 2003-12-04
Resigned

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

Recent filings (69 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-18
accounts-with-accounts-type-dormant
accounts · AA
2025-07-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-04
accounts-with-accounts-type-dormant
accounts · AA
2024-09-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-09
accounts-with-accounts-type-dormant
accounts · AA
2023-09-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-07
accounts-with-accounts-type-dormant
accounts · AA
2022-10-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-11
accounts-with-accounts-type-dormant
accounts · AA
2021-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-09
accounts-with-accounts-type-dormant
accounts · AA
2020-10-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-12-10
accounts-with-accounts-type-dormant
accounts · AA
2019-09-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-12-17