INSHORE FISHING LTD

🌳Matureactive
SC263540 · ltd · incorporated 2004-02-16
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 22.2y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Jun 2024
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 71-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 71). 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 (65/100).

🏦

Refinance opportunity

1 live charge · oldest 22.2y

65/100
clean up first

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

  • · Oldest live charge is 22.2 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (76/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
5 officers (3 active, 5 linked, 2 with DOB)
78
Ownership & PSC
4 active PSC(s) of 4 total, 4 with control declared
90
Director network
Network not yet resolved
30
Filing history
63 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.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Jun 2023Jun 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-06-302023-06-30
Average employees200200

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
0
filings
Last 90 days
4
filings
  • 3 officers
  • 1 confirmation-statement
Last 180 days
4
filings
  • 3 officers
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2026-02-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2026-02-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2026-02-16
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  4. 2025-06-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-10-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-09-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-09-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2020-08-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2020-04-14
    📄
    capital-allotment-shares
    capital · SH01
  10. 2019-11-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2018-08-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2018-02-27
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  13. 2018-02-27
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  14. 2017-08-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2016-10-19
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2005-03-01
    COCHRANE, Eileen appointed
    director
  17. 2004-03-02
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  18. 2004-02-17
    DUPORT SECRETARY LIMITED resigned
    corporate-nominee-secretary
  19. 2004-02-17
    DUPORT DIRECTOR LIMITED resigned
    corporate-nominee-director
  20. 2004-02-16
    🏢
    Company incorporated
    As INSHORE FISHING LTD
  21. 2004-02-16
    COCHRANE, Eileen appointed
    secretary
  22. 2004-02-16
    COCHRANE, David appointed
    director
  23. 2004-02-16
    DUPORT SECRETARY LIMITED appointed
    corporate-nominee-secretary
  24. 2004-02-16
    DUPORT DIRECTOR LIMITED appointed
    corporate-nominee-director

Owner dependency

91/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 71 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

96/100
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 71 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 22 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

4 active beneficial owners · fragmented
NameSharesVoting rightsNature of controlNotified
Mr David Cochrane
Individual · British · DOB 06/1957 · age 69
2550%
25–50%25-50% shares · 25-50% voting01/07/2016
Mrs Eileen Cochrane
Individual · British · DOB 08/1955 · age 71
2550%
25–50%25-50% shares · 25-50% voting01/07/2016
Mrs Eileen Cochrane
Individual · British · DOB 08/1955 · age 71
2550%
25–50%25-50% shares · 25-50% voting06/04/2016
Mr David Cochrane
Individual · British · DOB 06/1957 · age 69
2550%
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.

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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
Incorporated2004-02-16
Jurisdictionscotland
Primary SIC03110 — SIC 03110

Registered office

168 Bath Street
Glasgow
G2 4TP

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-06-30
Confirmation statement
Next due: 2027-03-02
Last: 2026-02-16

Officers (3 active · 2 resigned)

COCHRANE, Eileen
secretary · appointed 2004-02-16
View their other companies + combined net worth →
Active
COCHRANE, David
director · ~69y · appointed 2004-02-16
View their other companies + combined net worth →
Active
COCHRANE, Eileen
director · ~71y · appointed 2005-03-01
View their other companies + combined net worth →
Active
DUPORT SECRETARY LIMITED
corporate-nominee-secretary · appointed 2004-02-16 · resigned 2004-02-17
Resigned
DUPORT DIRECTOR LIMITED
corporate-nominee-director · appointed 2004-02-16 · resigned 2004-02-17
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property02/03/2004
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (63 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-02
change-person-director-company-with-change-date
officers · CH01
2026-02-16
change-person-director-company-with-change-date
officers · CH01
2026-02-16
change-person-secretary-company-with-change-date
officers · CH03
2026-02-16
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-16
accounts-with-accounts-type-micro-entity
accounts · AA
2023-10-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-16
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-09
accounts-with-accounts-type-micro-entity
accounts · AA
2021-09-21
confirmation-statement-with-updates
confirmation-statement · CS01
2021-03-26
accounts-with-accounts-type-micro-entity
accounts · AA
2020-08-14
capital-allotment-shares
capital · SH01
2020-04-14