ISLAY SEAFOODS LIMITED

⚰️Wound downdissolved
SC345929 · ltd · incorporated 2008-07-18
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2021
Net worth
book net assets
Opportunity
61/100
Worth a look
🔔
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What this business does
Primary activity: SIC 10200
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 61/100 (worth a look), bankability 70/100. Strong seller-intent signal (63/100, director aged 72). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
Confirmed no charges registered
85
Directors & officers
7 officers (2 active, 7 linked, 4 with DOB)
81
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
55 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
61/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
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£0Apr 2021Dec 2021

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2021-12-312021-04-30
Average employees00

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
  1. 2023-04-04
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2023-04-04
    🏁
    Company dissolved
  3. 2023-01-17
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2023-01-05
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2022-03-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2022-01-06
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2021-12-22
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  8. 2021-02-23
    📄
    memorandum-articles
    incorporation · MA
  9. 2021-02-23
    📄
    resolution
    resolution · RESOLUTIONS
  10. 2021-02-22
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2021-02-22
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2021-02-22
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2021-02-22
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2021-02-22
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  15. 2021-02-20
    BEATON, Iain Alasdair appointed
    director
  16. 2021-02-20
    PANDIT, Bhaven Lalji Dayaram appointed
    director
  17. 2021-02-20
    LIDDELL, John Story Colin resigned
    secretary
  18. 2021-02-20
    BERNARD, Adam Ben resigned
    director
  19. 2021-02-20
    LIDDELL, John Story Colin resigned
    director
  20. 2021-02-15
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  21. 2021-02-15
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  22. 2020-07-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  23. 2019-07-03
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  24. 2018-07-25
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  25. 2017-08-22
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  26. 2008-07-18
    🏢
    Company incorporated
    As ISLAY SEAFOODS LIMITED
  27. 2008-07-18
    LIDDELL, John Story Colin appointed
    secretary
  28. 2008-07-18
    BRIAN REID LTD. appointed
    corporate-secretary
  29. 2008-07-18
    BRIAN REID LTD. resigned
    corporate-secretary
  30. 2008-07-18
    BERNARD, Adam Ben appointed
    director
  31. 2008-07-18
    LIDDELL, John Story Colin appointed
    director
  32. 2008-07-18
    STEPHEN MABBOTT LTD. appointed
    corporate-director
  33. 2008-07-18
    STEPHEN MABBOTT LTD. resigned
    corporate-director

Owner dependency

73/100
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.
  • +Founder age: Director aged approximately 72 — succession pressure is live.

Succession & seller-readiness

76/100
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 72 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondaryStable-but-static management: Company is 18 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high ·
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2023-04-04

Group structure

Sco-Fro Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Sco-Fro Group Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
ISLAY SEAFOODS LIMITED
This company · SC345929

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%
NameSharesVoting rightsNature of controlNotified
Sco-Fro Group Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control18/07/2016
1 historic (ceased) PSC
  • Mr Stanley Bernardceased 18/07/2016· significant influence

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

8 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

Statusdissolved
Typeltd
Incorporated2008-07-18
Jurisdictionscotland
Primary SIC10200 — SIC 10200

Registered office

229 St. Vincent Street
Glasgow
G2 5QY

Filing status

Accounts
Next due:
Last made up to: 2021-12-31
Confirmation statement
Next due:
Last:

Officers (0 active · 5 resigned)

BEATON, Iain Alasdair
director · ~72y · appointed 2021-02-20
View their other companies + combined net worth →
Active
PANDIT, Bhaven Lalji Dayaram
director · ~54y · appointed 2021-02-20
View their other companies + combined net worth →
Active
LIDDELL, John Story Colin
secretary · appointed 2008-07-18 · resigned 2021-02-20
Resigned
BRIAN REID LTD.
corporate-secretary · appointed 2008-07-18 · resigned 2008-07-18
Resigned
BERNARD, Adam Ben
director · ~50y · appointed 2008-07-18 · resigned 2021-02-20
Resigned
LIDDELL, John Story Colin
director · ~69y · appointed 2008-07-18 · resigned 2021-02-20
Resigned
STEPHEN MABBOTT LTD.
corporate-director · appointed 2008-07-18 · resigned 2008-07-18
Resigned

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

Recent filings (55 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2023-04-04
gazette-notice-voluntary
gazette · GAZ1(A)
2023-01-17
dissolution-application-strike-off-company
dissolution · DS01
2023-01-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-15
accounts-with-accounts-type-dormant
accounts · AA
2022-03-29
accounts-with-accounts-type-dormant
accounts · AA
2022-01-06
change-account-reference-date-company-current-shortened
accounts · AA01
2021-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-19
memorandum-articles
incorporation · MA
2021-02-23
resolution
resolution · RESOLUTIONS
2021-02-23
appoint-person-director-company-with-name-date
officers · AP01
2021-02-22
appoint-person-director-company-with-name-date
officers · AP01
2021-02-22
termination-director-company-with-name-termination-date
officers · TM01
2021-02-22
termination-director-company-with-name-termination-date
officers · TM01
2021-02-22
termination-secretary-company-with-name-termination-date
officers · TM02
2021-02-22