INVERLUSSA SHELLFISH COMPANY LIMITED

🌳Matureactive
SC265928 · ltd · incorporated 2004-04-02
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.
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
73/100
Strong
🔔
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What this business does
Primary activity: SIC 03210
Sector: Agriculture, forestry & fishing
Investor take
Pursue
Active trading company with a 71-year-old founder — textbook succession opportunity.

Opportunity 73/100 (strong), bankability 57/100. Strong seller-intent signal (63/100, director aged 71). Biggest value-creation lever: Consolidate lender relationships. 7 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (45/100).

🏦

Refinance opportunity

105 live charges · 7 lenders · oldest 21.9y

25/100
too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

  • · Oldest live charge is 21.9 years old — likely at or near maturity.
  • · 7 lenders named — inter-creditor friction likely.
  • · Legal-friction score 50/100 (high).

Data confidence

Overall: medium (57/100)

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
105 charges (105/105 with lender, 105/105 with type)
90
Directors & officers
5 officers (4 active, 5 linked, 3 with DOB)
82
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
234 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
60
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
66
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
1
filing
  • 1 confirmation-statement
Last 90 days
25
filings
  • 17 mortgage
  • 3 persons-with-significant-control
  • 2 capital
Last 180 days
25
filings
  • 17 mortgage
  • 3 persons-with-significant-control
  • 2 capital
Counts from Companies House filing history.
Corporate timeline (201 events)Click to expand
  1. 2026-03-31
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2026-03-31
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2026-03-31
    📄
    resolution
    resolution · RESOLUTIONS
  4. 2026-03-30
    📄
    capital-name-of-class-of-shares
    capital · SH08
  5. 2026-03-30
    📄
    capital-variation-of-rights-attached-to-shares
    capital · SH10
  6. 2026-03-30
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  7. 2026-03-30
    📄
    memorandum-articles
    incorporation · MA
  8. 2026-02-13
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  9. 2026-02-13
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    mortgage-satisfy-charge-full
    mortgage · MR04
  10. 2026-02-13
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    mortgage-satisfy-charge-full
    mortgage · MR04
  11. 2026-02-13
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    mortgage-satisfy-charge-full
    mortgage · MR04
  12. 2026-02-13
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    mortgage-satisfy-charge-full
    mortgage · MR04
  13. 2026-02-13
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    mortgage-satisfy-charge-full
    mortgage · MR04
  14. 2026-02-13
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    mortgage-satisfy-charge-full
    mortgage · MR04
  15. 2026-02-13
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    mortgage-satisfy-charge-full
    mortgage · MR04
  16. 2026-02-13
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    mortgage-satisfy-charge-full
    mortgage · MR04
  17. 2026-02-13
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    mortgage-satisfy-charge-full
    mortgage · MR04
  18. 2026-02-13
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    mortgage-satisfy-charge-full
    mortgage · MR04
  19. 2026-02-13
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    mortgage-satisfy-charge-full
    mortgage · MR04
  20. 2026-02-13
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    mortgage-satisfy-charge-full
    mortgage · MR04
  21. 2026-02-13
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    mortgage-satisfy-charge-full
    mortgage · MR04
  22. 2026-02-13
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    mortgage-satisfy-charge-full
    mortgage · MR04
  23. 2026-02-13
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    mortgage-satisfy-charge-full
    mortgage · MR04
  24. 2026-02-13
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  25. 2026-02-13
    🔓
    Charge satisfied #68
  26. 2026-02-13
    🔓
    Charge satisfied #67
  27. 2026-02-13
    🔓
    Charge satisfied #66
  28. 2026-02-13
    🔓
    Charge satisfied #65
  29. 2026-02-13
    🔓
    Charge satisfied #64
  30. 2026-02-13
    🔓
    Charge satisfied #63
  31. 2026-02-13
    🔓
    Charge satisfied #62
  32. 2026-02-13
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    Charge satisfied #61
  33. 2026-02-13
    🔓
    Charge satisfied #60
  34. 2026-02-13
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    Charge satisfied #59
  35. 2026-02-13
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    Charge satisfied #58
  36. 2026-02-13
    🔓
    Charge satisfied #57
  37. 2026-02-13
    🔓
    Charge satisfied #56
  38. 2026-02-13
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    Charge satisfied #55
  39. 2026-02-13
    🔓
    Charge satisfied #54
  40. 2026-02-13
    🔓
    Charge satisfied #53
  41. 2026-02-13
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    Charge satisfied #52
  42. 2026-02-13
    🔓
    Charge satisfied #51
  43. 2026-02-13
    🔓
    Charge satisfied #50
  44. 2026-02-13
    🔓
    Charge satisfied #49
  45. 2026-02-13
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    Charge satisfied #48
  46. 2026-02-13
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    Charge satisfied #47
  47. 2026-02-13
    🔓
    Charge satisfied #46
  48. 2026-02-13
    🔓
    Charge satisfied #45
  49. 2026-02-13
    🔓
    Charge satisfied #44
  50. 2026-02-13
    🔓
    Charge satisfied #43
Showing most recent 50 of 201 events

Owner dependency

83/100
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
  • +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

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 71 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 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

2 med · 1 low
41 new charges in last 12 months
medium

Heavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.

Evidence: 2026-02-02: A registered charge; 2026-02-02: A registered charge; 2026-02-02: A registered charge

Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

40 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Benjamin Sinclair Wilson
Individual · British · DOB 09/1982 · age 44
5075%
50–75%50-75% shares · 50-75% voting06/04/2016
2 historic (ceased) PSCs
  • Mr Douglas Sinclair Wilsonceased 31/03/2026· 25-50% shares · 25-50% voting
  • Mrs Helen Mary Wilsonceased 27/03/2026· 25-50% shares · 25-50% voting

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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🔒Tailored diligence questions

9 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.

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Company details

Statusactive
Typeltd
Incorporated2004-04-02
Jurisdictionscotland
Primary SIC03210 — SIC 03210

Registered office

Inverlussa
By Craignure
Isle Of Mull
Argyll
PA65 6BD

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-16
Last: 2026-04-02

Officers (4 active · 1 resigned)

WILSON, Douglas Sinclair
secretary · appointed 2004-04-02
View their other companies + combined net worth →
Active
WILSON, Benjamin Sinclair
director · ~44y · appointed 2004-04-02
View their other companies + combined net worth →
Active
WILSON, Douglas Sinclair
director · ~69y · appointed 2004-04-02
View their other companies + combined net worth →
Active
WILSON, Helen Mary
director · ~71y · appointed 2004-04-02
View their other companies + combined net worth →
Active
OSWALDS OF EDINBURGH LIMITED
corporate-nominee-secretary · appointed 2004-04-02 · resigned 2004-04-02
Resigned

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

Mortgages & charges

105
Total charges
40
Outstanding
2
Active lenders
Status:Lender:105 of 105 shown
TypeProperties
outstanding
Glas Trust Corporation (As Security Agent)
Glas Trust Corporation Limited (As Security Agent)
A registered charge2 properties02/02/2026
outstanding
Glas Trust Corporation (As Security Agent)
Glas Trust Corporation Limited (As Security Agent)
A registered charge2 properties02/02/2026
outstanding
Glas Trust Corporation (As Security Agent)
Glas Trust Corporation Limited (As Security Agent)
A registered charge2 properties02/02/2026
outstanding
Glas Trust Corporation (As Security Agent)
Glas Trust Corporation Limited (As Security Agent)
A registered charge1 property02/02/2026
outstanding
Glas Trust Corporation (As Security Agent)
Glas Trust Corporation Limited (As Security Agent)
A registered charge1 property02/02/2026
outstanding
Glas Trust Corporation (As Security Agent)
Glas Trust Corporation Limited (As Security Agent)
A registered charge1 property02/02/2026
outstanding
Glas Trust Corporation (As Security Agent)
Glas Trust Corporation Limited (As Security Agent)
A registered charge1 property02/02/2026
outstanding
Glas Trust Corporation (As Security Agent)
Glas Trust Corporation Limited (As Security Agent)
A registered charge1 property02/02/2026
outstanding
Glas Trust Corporation (As Security Agent)
Glas Trust Corporation Limited (As Security Agent)
A registered charge1 property02/02/2026
outstanding
Glas Trust Corporation (As Security Agent)
Glas Trust Corporation Limited (As Security Agent)
A registered charge1 property02/02/2026
outstanding
Glas Trust Corporation (As Security Agent)
Glas Trust Corporation Limited (As Security Agent)
A registered charge1 property02/02/2026
outstanding
Glas Trust Corporation (As Security Agent)
Glas Trust Corporation Limited (As Security Agent)
A registered charge2 properties02/02/2026
outstanding
Glas Trust Corporation (As Security Agent)
Glas Trust Corporation Limited (As Security Agent)
A registered charge1 property02/02/2026
outstanding
Glas Trust Corporation (As Security Agent)
Glas Trust Corporation Limited (As Security Agent)
A registered charge1 property02/02/2026
outstanding
Glas Trust Corporation (As Security Agent)
Glas Trust Corporation Limited (As Security Agent)
A registered charge2 properties02/02/2026
outstanding
Glas Trust Corporation (As Security Agent)
Glas Trust Corporation Limited (As Security Agent)
A registered charge2 properties02/02/2026
outstanding
Glas Trust Corporation (As Security Agent)
Glas Trust Corporation Limited (As Security Agent)
A registered charge2 properties02/02/2026
outstanding
Glas Trust Corporation (As Security Agent)
Glas Trust Corporation Limited (As Security Agent)
A registered charge2 properties02/02/2026
outstanding
Glas Trust Corporation (As Security Agent)
Glas Trust Corporation Limited (As Security Agent)
A registered charge2 properties02/02/2026
outstanding
Glas Trust Corporation (As Security Agent)
Glas Trust Corporation Limited (As Security Agent)
A registered charge2 properties02/02/2026
outstanding
Glas Trust Corporation (As Security Agent)
Glas Trust Corporation Limited (As Security Agent)
A registered charge1 property02/02/2026
outstanding
Glas Trust Corporation (As Security Agent)
Glas Trust Corporation Limited (As Security Agent)
A registered charge2 properties02/02/2026
outstanding
Glas Trust Corporation (As Security Agent)
Glas Trust Corporation Limited (As Security Agent)
A registered charge2 properties02/02/2026
outstanding
Glas Trust Corporation (As Security Agent)
Glas Trust Corporation Limited (As Security Agent)
A registered charge2 properties02/02/2026
outstanding
Glas Trust Corporation (As Security Agent)
Glas Trust Corporation Limited (As Security Agent)
A registered charge2 properties02/02/2026
outstanding
Glas Trust Corporation (As Security Agent)
Glas Trust Corporation Limited (As Security Agent)
A registered charge2 properties02/02/2026
outstanding
Glas Trust Corporation (As Security Agent)
Glas Trust Corporation Limited (As Security Agent)
A registered charge1 property02/02/2026
outstanding
Glas Trust Corporation (As Security Agent)
Glas Trust Corporation Limited (As Security Agent)
A registered charge2 properties02/02/2026
outstanding
Glas Trust Corporation (As Security Agent)
Glas Trust Corporation Limited (As Security Agent)
A registered charge2 properties02/02/2026
outstanding
Glas Trust Corporation (As Security Agent)
Glas Trust Corporation Limited (As Security Agent)
A registered charge2 properties02/02/2026
outstanding
Glas Trust Corporation (As Security Agent)
Glas Trust Corporation Limited (As Security Agent)
A registered charge1 property02/02/2026
outstanding
Glas Trust Corporation (As Security Agent)
Glas Trust Corporation Limited (As Security Agent)
A registered charge1 property02/02/2026
outstanding
Glas Trust Corporation (As Security Agent)
Glas Trust Corporation Limited (As Security Agent)
A registered charge1 property02/02/2026
outstanding
Glas Trust Corporation (As Security Agent)
Glas Trust Corporation Limited (As Security Agent)
A registered charge1 property02/02/2026
outstanding
Glas Trust Corporation (As Security Agent)
Glas Trust Corporation Limited (As Security Agent)
A registered charge1 property02/02/2026
outstanding
Glas Trust Corporation (As Security Agent)
Glas Trust Corporation Limited (As Security Agent)
A registered charge1 property02/02/2026
outstanding
Glas Trust Corporation (As Security Agent)
Glas Trust Corporation Limited (As Security Agent)
A registered charge02/02/2026
outstanding
Glas Trust Corporation (As Security Agent)
Glas Trust Corporation Limited (As Security Agent)
A registered charge02/02/2026
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Virgin Money
Clydesdale Bank PLC
Floating charge1 property05/07/2012
satisfied
Virgin Money
Clydesdale Bank PLC
Mortgage of a ship1 property29/03/201116/12/2025
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Mortgage1 property24/08/200513/02/2026
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property24/05/2004
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Recent filings (234 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-16
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-03-31
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-03-31
resolution
resolution · RESOLUTIONS
2026-03-31
capital-name-of-class-of-shares
capital · SH08
2026-03-30
capital-variation-of-rights-attached-to-shares
capital · SH10
2026-03-30
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-03-30
memorandum-articles
incorporation · MA
2026-03-30
mortgage-satisfy-charge-full
mortgage · MR04
2026-02-13
mortgage-satisfy-charge-full
mortgage · MR04
2026-02-13
mortgage-satisfy-charge-full
mortgage · MR04
2026-02-13
mortgage-satisfy-charge-full
mortgage · MR04
2026-02-13
mortgage-satisfy-charge-full
mortgage · MR04
2026-02-13
mortgage-satisfy-charge-full
mortgage · MR04
2026-02-13
mortgage-satisfy-charge-full
mortgage · MR04
2026-02-13