EAST VOE SHELLFISH LIMITED

🌳Matureactive
SC298666 · ltd · incorporated 2006-03-13
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 17.8y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: SIC 03210
Sector: Agriculture, forestry & fishing
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 78/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. 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: strategic trade sale (63/100).

🏦

Refinance opportunity

1 live charge · oldest 17.8y

65/100
clean up first

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

  • · Oldest live charge is 17.8 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 (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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
4 officers (3 active, 4 linked, 3 with DOB)
85
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
54 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
Some acquirability indicators.
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£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees7700

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
1
filing
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2025-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-12-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2020-12-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2019-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2018-12-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2018-03-23
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2018-03-22
    POTTINGER, George Alan resigned
    director
  11. 2018-03-02
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  12. 2017-12-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2017-11-22
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  14. 2017-11-17
    📄
    capital-allotment-shares
    capital · SH01
  15. 2017-03-29
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2017-03-29
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2008-07-22
    🔒
    Charge registered #1
    Lender: Clydesdale Bank PLC
  18. 2006-03-13
    🏢
    Company incorporated
    As EAST VOE SHELLFISH LIMITED
  19. 2006-03-13
    POTTINGER, Shyrleen Helen Marie appointed
    secretary
  20. 2006-03-13
    POTTINGER, Kenneth Alan appointed
    director
  21. 2006-03-13
    POTTINGER, Michael George appointed
    director
  22. 2006-03-13
    POTTINGER, George Alan appointed
    director

Owner dependency

76/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

66/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 20 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 20 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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Kenneth Alan Pottinger
Individual · British · DOB 08/1972 · age 54
2550%
25–50%board control25-50% shares · 25-50% voting · board control06/04/2016
Mr Michael George Pottinger
Individual · British · DOB 08/1975 · age 51
2550%
25–50%board control25-50% shares · 25-50% voting · board control06/04/2016
1 historic (ceased) PSC
  • Mr George Alan Pottingerceased 18/11/2017· 25-50% shares · 25-50% voting · board control

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

6 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
Incorporated2006-03-13
Jurisdictionscotland
Primary SIC03210 — SIC 03210

Registered office

Sained East Voe
Scalloway
Shetland
ZE1 0US
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-27
Last: 2026-03-13

Officers (3 active · 1 resigned)

POTTINGER, Shyrleen Helen Marie
secretary · appointed 2006-03-13
View their other companies + combined net worth →
Active
POTTINGER, Kenneth Alan
director · ~54y · appointed 2006-03-13
View their other companies + combined net worth →
Active
POTTINGER, Michael George
director · ~51y · appointed 2006-03-13
View their other companies + combined net worth →
Active
POTTINGER, George Alan
director · ~83y · appointed 2006-03-13 · resigned 2018-03-22
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
Virgin Money
Clydesdale Bank PLC
Floating charge1 property22/07/2008
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (54 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-03-14