SHETLAND SPEAKEASY LIMITED
Opportunity 76/100 (strong), bankability 70/100. 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 (75/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-05-31 | 2024-05-31 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
- • 1 confirmation-statement
- • 1 confirmation-statement
- • 1 accounts
- • 1 confirmation-statement
- • 1 accounts
Corporate timeline (7 events)Click to expand
- 2026-03-17📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-01-10📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-05-10🏢Company incorporatedAs SHETLAND SPEAKEASY LIMITED
- 2023-05-10➕FAIRLESS, Amanda Jane appointedsecretary
- 2023-05-10➕FAIRLESS, Amanda Jane appointeddirector
- 2023-05-10➕FAIRLESS, Michael Ian appointeddirector
- 2023-05-10📄incorporation-companyincorporation · NEWINC
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanShareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Amanda Jane Fairless Individual · British · DOB 08/1970 · age 56 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 10/05/2023 |
Mr Michael Ian Fairless Individual · British · DOB 01/1968 · age 58 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 10/05/2023 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Food & drink · ZE postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| QA FISH LIMITED→ SC336851 · est 2008 | — | — | — | 2900 | 18y | 83 | 62y |
| SANDWICK BAKING COMPANY LIMITED→ SC210109 · est 2000 | — | — | £199.1k | — | 25y | 82 | 72y |
| SHETLAND REFRESHMENTS LIMITED→ SC190856 · est 1998 · no financials extracted | — | — | — | — | 27y | 82 | 71y |
| JOHNSON & WOOD LTD→ SC440115 · est 2013 | — | — | — | 12 | 13y | 80 | 59y |
| SHETLAND FARM DAIRIES LIMITED→ SC152412 · est 1994 | — | — | — | 10 | 31y | 80 | 69y |
| THE SHETLAND DISTILLERY COMPANY LIMITED→ SC455892 · est 2013 | — | — | — | 6 | 12y | 80 | 70y |
| PELAGIA SHETLAND LIMITED→ SC094953 · est 1985 · no financials extracted | — | — | — | — | 40y | 76 | 69y |
| QA SHELLFISH LTD→ SC552948 · est 2016 | — | — | — | 400 | 9y | 76 | 62y |
| ISLAND LARDER LTD→ SC476550 · est 2014 | — | — | — | 18 | 12y | 75 | 43y |
| ISLAND FISH (SHETLAND) LTD→ SC604178 · est 2018 | — | — | £131.6k | — | 7y | 72 | 54y |
| LERWICK DISTILLERY LIMITED→ SC738215 · est 2022 | — | — | £1.94M | — | 3y | 70 | 55y |
| SHETLAND CREAMERY LIMITED→ SC871204 · est 2025 · no financials extracted | — | — | — | — | — | 70 | 47y |
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 →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
Registered office
Filing status
Officers (3 active · 0 resigned)
Click a director name to see their full track record across all companies.