SKYE SCALLOP DIVERS LTD

💤Zombieactive
SC653444 · ltd · incorporated 2020-02-04
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 · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
What changed my view
Last 30 days

No material changes in the last 30 days.

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 Feb 2025
Net worth
book net assets
Opportunity
74/100
Strong
🔔
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What this business does
Primary activity: SIC 03110
Sector: Agriculture, forestry & fishing
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 74/100 (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 6.4y

45/100
under pressure

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

  • · Oldest live charge is 6.4 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (78/100)

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
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
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
16 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
65
Adequate — check latest filings for context.
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£0Feb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-02-282024-02-29
Average employees100100

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
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (15 events)Click to expand
  1. 2025-11-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-11-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-06-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-11-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-04-06
    MORALES UTRERA, Alberto resigned
    director
  6. 2022-04-06
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2022-04-06
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2022-04-06
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  9. 2021-11-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2020-02-21
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  11. 2020-02-18
    🔒
    Charge registered #1
    Lender: Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)
  12. 2020-02-04
    🏢
    Company incorporated
    As SKYE SCALLOP DIVERS LTD
  13. 2020-02-04
    CAMERON, James Lauder appointed
    director
  14. 2020-02-04
    MORALES UTRERA, Alberto appointed
    director
  15. 2020-02-04
    📄
    incorporation-company
    incorporation · NEWINC

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

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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr James Lauder Cameron
Individual · British · DOB 09/1992 · age 34
75100%
75–100%board control75-100% shares · 75-100% voting · board control04/02/2020
1 historic (ceased) PSC
  • Mr Alberto Morales Utreraceased 06/04/2022· 25-50% shares · 25-50% voting · board control

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

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333y8388y
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SC031556 · est 1956
£1.67M70y8373y
CAWDOR FORESTRY LIMITED
SC218848 · est 2001
£468.9k25y8364y
DINGWALL & HIGHLAND MARTS LIMITED
SC154876 · est 1994
3931y8381y
EASTER ROSS FARMERS LIMITED
SC060125 · est 1976
10050y8395y
GLENROSSAL LIMITED
SC351176 · est 2008
£2.77M17y8388y
KINGSBURGH FOREST TRUST
SC227429 · est 2002 · no financials extracted
24y8375y
MJM (FARMERS) LIMITED
SC288996 · est 2005
£1.80M20y8371y
STRATHNAIRN COMMUNITY WOODLANDS
SC228026 · est 2002 · no financials extracted
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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
Incorporated2020-02-04
Jurisdictionscotland
Primary SIC03110 — SIC 03110

Registered office

Burnbank
Staffin
Portree
IV51 9JY
Scotland

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-02-17
Last: 2026-02-03

Officers (1 active · 1 resigned)

CAMERON, James Lauder
director · ~34y · appointed 2020-02-04
View their other companies + combined net worth →
Active
MORALES UTRERA, Alberto
director · ~43y · appointed 2020-02-04 · resigned 2022-04-06
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
Virgin Money
Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)
A registered charge18/02/2020
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (16 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-26
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-12
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-14
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-23
confirmation-statement-with-updates
confirmation-statement · CS01
2023-02-16
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-29
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-04-06
termination-director-company-with-name-termination-date
officers · TM01
2022-04-06
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-04-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-17
accounts-with-accounts-type-micro-entity
accounts · AA
2021-11-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-22
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2020-02-21