FISHBROTHERS SEAFOODS LTD

💤Zombieactive
SC478433 · ltd · incorporated 2014-05-27
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Oct 2024
Net worth
book net assets
Opportunity
75/100
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.

What this business does
Primary activity: Wholesale of other food, including fish, crustaceans and molluscs
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 75/100 (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: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

1 live charge · oldest 5.3y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 5.3 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
33 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
55
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£0Oct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-10-312023-10-31

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
3
filings
  • 2 persons-with-significant-control
  • 1 officers
Last 180 days
3
filings
  • 2 persons-with-significant-control
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2026-03-16
    WALKER, Adelle Katrine resigned
    director
  2. 2026-03-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2026-03-16
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2026-03-16
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2025-05-11
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  6. 2024-05-24
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  7. 2023-04-26
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  8. 2022-02-10
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  9. 2021-05-02
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  10. 2021-03-18
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  11. 2021-01-24
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2021-01-23
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2021-01-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2021-01-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2021-01-19
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  16. 2021-01-12
    🔒
    Charge registered #1
    Lender: Bank of Scotland PLC
  17. 2019-11-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2018-09-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2017-11-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  20. 2015-04-14
    WALKER, Steven appointed
    director
  21. 2014-05-27
    🏢
    Company incorporated
    As FISHBROTHERS SEAFOODS LTD
  22. 2014-05-27
    WALKER, Adelle Katrine appointed
    director

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

50/100
Moderate signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • 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
Mrs Adelle Katrine Walker
Individual · British · DOB 08/1976 · age 50
2550%
25-50% shares01/07/2016
Mr Steven Walker
Individual · British · DOB 06/1975 · age 51
2550%
25-50% shares01/07/2016

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 · Wholesale & distribution · EH postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
DRAMFOOL LTD
SC506602 · est 2015 · no financials extracted
10y
ENETEC LIMITED
SC566654 · est 2017 · no financials extracted
8y
EZBORDER VENTURE LTD
SC857895 · est 2025 · no financials extracted
FLAVOURY UK LTD
SC877055 · est 2026 · no financials extracted
FORMOSA DELIGHT LIMITED
SC714887 · est 2021 · no financials extracted
4y
FORTITUDE COFFEE ROASTERS LTD
SC529954 · est 2016 · no financials extracted
10y
FREEWORLD TRADING LIMITED
SC156834 · est 1995 · no financials extracted
31y
FRUIT LOOP VEG LTD
SC778066 · est 2023 · no financials extracted
2y
FRYERS RECORDS LIMITED
SC471134 · est 2014 · no financials extracted
12y
FUREVER EDINBURGH LTD.
SC881102 · est 2026 · no financials extracted
GB OFFICE SUPPLIES LIMITED
SC834938 · est 2025 · no financials extracted
1y
GEMS OF MOROCCO LTD
SC755615 · est 2023 · no financials extracted
3y
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
Incorporated2014-05-27
Jurisdictionscotland
Primary SIC46380 — Wholesale of other food, including fish, crustaceans and molluscs

Registered office

The Arches
1 Kingsfield Farm
Linlithgow
EH49 7LS
Scotland

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-06-10
Last: 2025-05-27

Officers (1 active · 1 resigned)

WALKER, Steven
director · ~51y · appointed 2015-04-14
View their other companies + combined net worth →
Active
WALKER, Adelle Katrine
director · ~50y · appointed 2014-05-27 · resigned 2026-03-16
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
Lloyds Banking Group
Bank of Scotland PLC
A registered charge12/01/2021
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (33 total)

termination-director-company-with-name-termination-date
officers · TM01
2026-03-16
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-03-16
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-03-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-01
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-05-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-19
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-05-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-29
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-04-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-01
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-02-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-01
change-account-reference-date-company-current-extended
accounts · AA01
2021-05-02
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-03-18
change-person-director-company-with-change-date
officers · CH01
2021-01-24