VENTURE FISHING COMPANY LIMITED
🌳Matureactive
SC343169 · ltd · incorporated 2008-05-21
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
—
not disclosed
Net worth
—
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: SIC 03110
Sector: Agriculture, forestry & fishing
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 75/100 (strong), bankability 65/100. 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. 3 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: strategic trade sale (63/100).
🏦
Refinance opportunity
6 live charges · 2 lenders · oldest 17.8y
50/100
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.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 33/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (59/100)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
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
11 officers (5 active, 11 linked, 8 with DOB)
85
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
72 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
65
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
1
filing
- • 1 accounts
Last 90 days
1
filing
- • 1 accounts
Last 180 days
2
filings
- • 1 accounts
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (45 events)Click to expand
- 2026-04-22📄accounts-with-accounts-type-smallaccounts · AA
- 2025-06-12📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2025-06-12📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2025-06-01➕SCOLLAY, John Magnus appointedsecretary
- 2025-05-30➖HENDERSON, Hazel Jane resignedsecretary
- 2024-11-27➕CROSSAN, Andrew appointeddirector
- 2024-11-27➕SPENCE, Brian appointeddirector
- 2024-11-27➕SPENCE, Charles Gary appointeddirector
- 2024-11-27📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2024-11-27📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-11-27📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-11-27📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-11-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-28📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-10-28📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-10-28📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-10-28📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-10-28📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-10-24➖HUTCHISON, Robert Craig resigneddirector
- 2024-10-24➖MOFFAT, Ivor resigneddirector
- 2024-10-24➖POTTINGER, Jerry Andrew resigneddirector
- 2023-11-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-07-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-05-28📄change-corporate-director-company-with-change-dateofficers · CH02
- 2021-02-24📄capital-cancellation-sharescapital · SH06
- 2021-02-24📄capital-return-purchase-own-sharescapital · SH03
- 2021-01-20➖SPARROW, Sean Andrew resigneddirector
- 2015-03-12🔓Charge satisfied #2
- 2015-03-12🔓Charge satisfied #1
- 2013-06-17🔒Charge registered #6Lender: Clydesdale Bank PLC
- 2012-10-02➖JOHNSON, David resigneddirector
- 2008-10-20🔒Charge registered #5Lender: Clydesdale Bank PLC
- 2008-09-08🔒Charge registered #4Lender: Clydesdale Bank PLC
- 2008-08-25🔒Charge registered #3Lender: Clydesdale Bank PLC
- 2008-08-12🔒Charge registered #2Lender: Shetland Islands Council
- 2008-07-25🔒Charge registered #1Lender: Shetland Islands Council
- 2008-05-21🏢Company incorporatedAs VENTURE FISHING COMPANY LIMITED
- 2008-05-21➕LHD LIMITED appointedcorporate-director
- 2008-05-21➕HENDERSON, Hazel Jane appointedsecretary
- 2008-05-21➕HUTCHISON, Robert Craig appointeddirector
- 2008-05-21➕JOHNSON, David appointeddirector
- 2008-05-21➕MOFFAT, Ivor appointeddirector
- 2008-05-21➕POTTINGER, Jerry Andrew appointeddirector
- 2008-05-21➕SPARROW, Sean Andrew appointeddirector
Owner dependency
73/100
High — earn-out structure requiredMaterial 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.
- +Founder name in company name: Company name contains director surname "LIMITED" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
43/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondary12+ year tenure: Director in role 18 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
L.H.D. Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
L.H.D. Limited
Corporate parent · holds 75-100% shares
⬇
VENTURE FISHING COMPANY LIMITED
This company · SC343169
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
L.H.D. Limited Corporate entity | 75–100% | — | 75-100% shares | 24/10/2024 |
1 historic (ceased) PSC
- Mr Jerry Andrew Pottingerceased 24/10/2024· 25-50% shares
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 · Agriculture · ZE postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BLUE REBEL LTD→ SC444857 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| HUNTER SHELLFISH LTD.→ SC275758 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| IF & CA NICOLSON LIMITED→ SC169516 · est 1996 · no financials extracted | — | — | — | — | 29y | — | — |
| J & A SINCLAIR LTD.→ SC287687 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| J JOHNSON FISHING LTD→ SC468946 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| JAMIESON FISHING CO LTD→ SC408658 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| JFA FISHING LTD→ SC599836 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| JG MARINE LTD→ SC699269 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| L & J ODIE LIMITED→ SC410056 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| LAUREN ROSE & RHEA S FISHING COMPANY LTD→ SC804987 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| LIANNE FISHING COMPANY LTD→ SC394917 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
| LJI FISHING LTD→ SC420199 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
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
Incorporated2008-05-21
Jurisdictionscotland
Primary SIC03110 — SIC 03110
Registered office
Mair's Quay
Holmsgarth
Lerwick
Shetland
ZE1 0PW
Scotland
Filing status
Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2026-12-16
Last: 2025-12-02
Officers (5 active · 6 resigned)
SCOLLAY, John Magnus→
Activesecretary · appointed 2025-06-01
View their other companies + combined net worth →
CROSSAN, Andrew→
Activedirector · ~51y · appointed 2024-11-27
View their other companies + combined net worth →
SPENCE, Brian→
Activedirector · ~57y · appointed 2024-11-27
View their other companies + combined net worth →
SPENCE, Charles Gary→
Activedirector · ~57y · appointed 2024-11-27
View their other companies + combined net worth →
LHD LIMITED→
Activecorporate-director · appointed 2008-05-21
View their other companies + combined net worth →
HENDERSON, Hazel Jane→
Resignedsecretary · appointed 2008-05-21 · resigned 2025-05-30
HUTCHISON, Robert Craig→
Resigneddirector · ~53y · appointed 2008-05-21 · resigned 2024-10-24
JOHNSON, David→
Resigneddirector · ~71y · appointed 2008-05-21 · resigned 2012-10-02
MOFFAT, Ivor→
Resigneddirector · ~52y · appointed 2008-05-21 · resigned 2024-10-24
POTTINGER, Jerry Andrew→
Resigneddirector · ~55y · appointed 2008-05-21 · resigned 2024-10-24
SPARROW, Sean Andrew→
Resigneddirector · ~53y · appointed 2008-05-21 · resigned 2021-01-20
Click a director name to see their full track record across all companies.
Mortgages & charges
6
Total charges
4
Outstanding
1
Active lenders
Status:Lender:6 of 6 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Virgin Money Clydesdale Bank PLC | A registered charge | 1 property | 17/06/2013 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC | Deed of undertakings (incorporating assignation) | 1 property | 20/10/2008 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC | Mortgage | 1 property | 08/09/2008 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC | Floating charge | 1 property | 25/08/2008 | — | |
| satisfied | Shetland Islands Council | Ships mortgage | 1 property | 12/08/2008 | 12/03/2015 | |
| satisfied | Shetland Islands Council | Bond & floating charge | 1 property | 25/07/2008 | 12/03/2015 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (72 total)
accounts-with-accounts-type-small
accounts · AA
2026-04-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-02
appoint-person-secretary-company-with-name-date
officers · AP03
2025-06-12
termination-secretary-company-with-name-termination-date
officers · TM02
2025-06-12
confirmation-statement-with-updates
confirmation-statement · CS01
2024-12-02
change-account-reference-date-company-current-extended
accounts · AA01
2024-11-27
appoint-person-director-company-with-name-date
officers · AP01
2024-11-27
appoint-person-director-company-with-name-date
officers · AP01
2024-11-27
appoint-person-director-company-with-name-date
officers · AP01
2024-11-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-14
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-10-28
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-10-28
termination-director-company-with-name-termination-date
officers · TM01
2024-10-28
termination-director-company-with-name-termination-date
officers · TM01
2024-10-28
termination-director-company-with-name-termination-date
officers · TM01
2024-10-28