LJI FISHING LTD

🌳Matureactive
SC420199 · ltd · incorporated 2012-03-23
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
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£585.9k
book net assets
Opportunity
74/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: SIC 03110
Sector: Agriculture, forestry & fishing
ALSO REGISTERED FOR
  • 55900Other accommodation
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 74/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).

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, 2 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
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
31 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £585,896

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£586k
↑ 9.2% YoY
Current Assets
£405k
↑ 24% YoY
Current Liabilities
—
£0£117k£234k£352k£469k£586kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-03-312024-03-31
Total assets£585.9k£536.4k
Current assets£404.8k£326.9k
Net assets£585.9k£536.4k

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
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2025-06-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-07-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-07-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-10-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-04-13
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2022-04-01
    ➕
    IRVINE, Marie appointed
    director
  7. 2021-07-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2020-07-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2019-07-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2018-08-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2017-07-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2016-06-21
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2016-03-23
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2015-09-03
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2015-03-23
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2012-03-23
    🏢
    Company incorporated
    As LJI FISHING LTD
  17. 2012-03-23
    ➕
    IRVINE, Marie appointed
    secretary
  18. 2012-03-23
    ➕
    IRVINE, Lawrence Jamieson appointed
    director

Owner dependency

66/100
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.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

49/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 14 years.
  • 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 Lawrence Jamieson Irvine
Individual · British · DOB 05/1972 · age 54
50–75%
50–75%50-75% shares · 50-75% voting06/04/2016
Marie Irvine
Individual · British · DOB 07/1974 · age 52
25–50%
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.

Similar companies

Active · Agriculture · ZE postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
RESEARCH FISHING CO. LIMITED→
SC103453 · est 1987
£15.65M
£12.04M–£19.26M
——039y8187y
CHARISMA HOLDING COMPANY LIMITED→
SC207704 · est 2000
£14.85M
£11.42M–£18.28M
——025y8375y
GRONIDAAL ORGANIC SMOLTS LTD.→
SC307638 · est 2006
——£396.2k—19y8382y
UNST SHELLFISH LTD.→
SC326121 · est 2007
——£180.6k—18y8361y
C & A THOMASON LTD.→
SC197920 · est 1999
——£217.5k—26y8288y
GUIDING LIGHT FISHING COMPANY LIMITED→
SC339799 · est 2008
———218y8258y
SHETLAND MARINE LIMITED→
SC398706 · est 2011
———315y8270y
SHETLAND SEAFOOD AUCTIONS LIMITED→
SC190378 · est 1998
——£408.2k—27y8262y
TINGWALL LIVESTOCK LIMITED→
SC285843 · est 2005
——£247.4k—20y8275y
ANDERSON BROS (VOE) LTD.→
SC246814 · est 2003
——£220.2k—23y8064y
BLUESHELL MUSSELS LIMITED→
SC254395 · est 2003
——£16.08M—22y8058y
COLLAFIRTH SEAFARMS LIMITED→
SC335991 · est 2008
————18y8070y
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
Incorporated2012-03-23
Jurisdictionscotland
Primary SIC03110 — SIC 03110

Registered office

Holmlea
Symbister
Whalsay
Shetland
ZE2 9AE

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-07
Last: 2026-03-24

Officers (3 active · 0 resigned)

IRVINE, Marie→
secretary · appointed 2012-03-23
View their other companies + combined net worth →
Active
IRVINE, Lawrence Jamieson→
director · ~54y · appointed 2012-03-23
View their other companies + combined net worth →
Active
IRVINE, Marie→
director · ~52y · appointed 2022-04-01
View their other companies + combined net worth →
Active

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

Recent filings (31 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-30
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-24
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-25
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-02
accounts-with-accounts-type-micro-entity
accounts · AA
2022-10-11
appoint-person-director-company-with-name-date
officers · AP01
2022-04-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-26
accounts-with-accounts-type-micro-entity
accounts · AA
2021-07-26
confirmation-statement-with-updates
confirmation-statement · CS01
2021-04-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-23
accounts-with-accounts-type-micro-entity
accounts · AA
2020-07-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-23