MW SHELLFISH LIMITED

💤Zombieactive

SC625406 · ltd · incorporated 2019-03-25

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.

Why now

Window steady · medium confidence

Mixed signals — 1 changes over 30 days, no clear direction yet.

· Filings: 14 → 15

What changed my view

Last 30 days

Picture improved over the last 30 days — 1 positive signal vs 0 negative.

↑Filings: 14 → 15

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2026

Net worth

£-38.1k

book net assets

Opportunity

71/100

Strong

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What this business does

Primary activity: SIC 03110

Sector: Agriculture, forestry & fishing

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

Opportunity 71/100 (strong), bankability 75/100. 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: distressed disposal / insolvency (65/100).

Data confidence

Overall: high (84/100)

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

Company profile

address, 1 SIC codes, incorporation date

100

Financials

3 years of iXBRL accounts extracted + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

1 officers (1 active, 1 linked, 1 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

Network not yet resolved

Filing history

15 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

71/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)

Negative net assets

Liabilities exceed assets by £38,060

Key financials

3 years extracted from filed iXBRL accounts

Cash

—

Net Worth

-£38k

↓ 12% YoY

Current Assets

£2k

↑ 36% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)

Metric	2026-03-31	2025-03-31	2024-03-31
Total assets	£-37.7k	£-31.8k	£-11.6k
Current assets	£1.7k	£1.3k	£7.2k
Net assets	£-38.1k	£-34.0k	£-15.8k

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

filings

Last 90 days

filing

• 1 accounts

Last 180 days

filings

• 1 accounts
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (10 events)Click to expand

2026-06-17
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-11
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-05
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-20
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-07-20
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-08-26
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-09-25
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-03-25
🏢
Company incorporated
As MW SHELLFISH LIMITED
2019-03-25
➕
WEST, Michael appointed
director
2019-03-25
📄
incorporation-company
incorporation · NEWINC

Owner dependency

80/100

Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS

+Sole director: Only one active director — all governance concentrated on one person.
+No director turnover: Company is 7 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

45/100

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.

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

1 active beneficial owner

Name	Shares	Voting rights	Nature of control	Notified
Mr Michael West Individual · British · DOB 06/1978 · age 48	—	—	sig. influencesignificant influence	25/03/2019

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Agriculture · DD postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
PEACEHILL FARMING LIMITED→ SC144826 · est 1993	£3.65M £2.81M–£4.50M	£13.06M	—	5700	33y	84	76y
ANGUS GROWERS LIMITED→ SC234071 · est 2002	—	—	—	1500	23y	83	80y
COOKSTON FARMS→ SC036246 · est 1961 · no financials extracted	—	—	—	—	65y	83	73y
CRAIGOWL FARMS LTD.→ SC327648 · est 2007	—	—	—	2500	18y	83	62y
CRUIVIE AND BRIGHOUSE LIMITED→ SC055296 · est 1974	—	—	—	400	52y	83	89y
ETHIEBARNS FARMING COMPANY→ SC052695 · est 1973	—	—	—	1100	53y	83	71y
R. & W. WHITTON LIMITED→ SC027167 · est 1949	—	—	—	4	77y	83	71y
STRATHTAY POTATO COMPANY LIMITED→ SC194230 · est 1999	—	—	—	500	27y	83	69y
A & C WATSON LIMITED→ SC286270 · est 2005	—	—	—	200	21y	82	60y
A. C. BROWN (FARMS) LIMITED→ SC030970 · est 1955	—	—	—	0	70y	82	81y
ANGUS GAME PLUS LIMITED→ SC255156 · est 2003	—	—	—	2	22y	82	64y
ARBUCKLE SOFT FRUIT LIMITED→ SC223757 · est 2001	—	—	—	200	24y	82	73y

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.

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Company details

Statusactive

Typeltd

Incorporated2019-03-25

Jurisdictionscotland

Primary SIC03110 — SIC 03110

Registered office

Smithy Cottage Dunninald

Montrose

DD10 9TD

Scotland

Filing status

Accounts

Next due: 2027-12-31

Last made up to: 2026-03-31

Confirmation statement

Next due: 2027-04-07

Last: 2026-03-24

Officers (1 active · 0 resigned)

WEST, Michael→

director · ~48y · appointed 2019-03-25

View their other companies + combined net worth →

Active

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