LK 54 FISHING LTD
🌳Matureactive
SC460605 · ltd · incorporated 2013-10-03
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 Oct 2024
Net worth
£49.9k
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: SIC 03110
Sector: Agriculture, forestry & fishing
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 79/100 (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: share sale to pe / searcher (65/100).
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
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
3 connected companies via shared directors
54
Filing history
26 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £49,865
Net assets shrinking
Down £8,823 YoY
Cash YoY
+55%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£2k
↑ 55% YoY
Net Worth
£50k
↓ 15% YoY
Current Assets
£16k
↓ 34% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-10-31 | 2023-10-31 |
|---|---|---|
| Total assets | £60.5k | £73.0k |
| Current assets | £16.5k | £25.2k |
| Cash | £1.8k | £1.2k |
| Debtors | £14.7k | £24.0k |
| Net assets | £49.9k | £58.7k |
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 (19 events)Click to expand
- 2025-07-31📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-06-18📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-07-31📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-08-26📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-07-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-10-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-07-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-07-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-10-05📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2017-10-05📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2017-07-26📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-07-27📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-10-22📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-03-17📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2014-10-18📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-10-03🏢Company incorporatedAs LK 54 FISHING LTD
- 2013-10-03➕POTTINGER, Janice Catherine appointedsecretary
- 2013-10-03➕POTTINGER, Janice Catherine appointeddirector
- 2013-10-03➕POTTINGER, Jerry Andrew appointeddirector
Owner dependency
74/100
High — earn-out structure requiredMaterial 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.
- +Senior director age: Director aged approximately 59 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
59/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 13 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanNo 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Janice Catherine Pottinger Individual · British · DOB 11/1967 · age 59 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
Mr Jerry Andrew Pottinger Individual · Scottish · DOB 12/1971 · age 55 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
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 | — | — |
| LJI FISHING LTD→ SC420199 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| LMI ENTERPRISES LIMITED→ SC445485 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
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
Incorporated2013-10-03
Jurisdictionscotland
Primary SIC03110 — SIC 03110
Registered office
An-Cala Bridge End
Burra
Shetland
ZE2 9LE
Filing status
Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-10-17
Last: 2025-10-03
Officers (3 active · 0 resigned)
POTTINGER, Janice Catherine→
Activesecretary · appointed 2013-10-03
View their other companies + combined net worth →
POTTINGER, Janice Catherine→
Activedirector · ~59y · appointed 2013-10-03
View their other companies + combined net worth →
POTTINGER, Jerry Andrew→
Activedirector · ~55y · appointed 2013-10-03
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (26 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-07
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-14
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-06-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-17
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-04
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-08-26
confirmation-statement-with-updates
confirmation-statement · CS01
2021-10-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-10-28
confirmation-statement-with-updates
confirmation-statement · CS01
2020-10-07
confirmation-statement-with-updates
confirmation-statement · CS01
2019-10-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-07-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-10-05