INVERLUSSA SHIPPING CO LIMITED
Opportunity 69/100 (strong), bankability 52/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
Refinance opportunity
9 live charges · 3 lenders · oldest 2.4y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Newest facility, 2.4 years old — likely still in initial term.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (73/100)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.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
1 year extracted from filed iXBRL accountsFinancials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 |
|---|---|
| Total assets | £7.56M |
| Current assets | £671.9k |
| Cash | £304.9k |
| Debtors | £367.0k |
| Net assets | £369.7k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
3 signals 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
- • 10 mortgage
- • 10 mortgage
- • 1 confirmation-statement
Corporate timeline (35 events)Click to expand
- 2026-02-20📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-02-20📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-02-20📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-02-20📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-02-20🔓Charge satisfied #5
- 2026-02-20🔓Charge satisfied #4
- 2026-02-20🔓Charge satisfied #3
- 2026-02-20🔓Charge satisfied #2
- 2026-02-19📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-02-18📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-02-16📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-02-11📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2026-02-11📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2026-02-09📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-02-06🔒Charge registered #9Lender: Glas Trust Corporation Limited (As Security Agent)
- 2026-02-06🔒Charge registered #8Lender: Glas Trust Corporation Limited (As Security Agent)
- 2026-02-06🔒Charge registered #7Lender: Glas Trust Corporation Limited (As Security Agent)
- 2026-02-02🔒Charge registered #6Lender: Glas Trust Corporation Limited (As Security Agent)
- 2025-07-25📄accounts-with-accounts-type-audited-abridgedaccounts · AA
- 2024-11-25📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2024-09-30📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-09-12📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-09-12📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-09-12📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-09-10🔒Charge registered #5Lender: Clydesdale Bank PLC
- 2024-09-10🔒Charge registered #4Lender: Clydesdale Bank PLC (Trading as Virgin Money)
- 2024-09-10🔒Charge registered #3Lender: Clydesdale Bank PLC (Trading as Virgin Money)
- 2024-09-10🔒Charge registered #2Lender: Clydesdale Bank PLC (Trading as Virgin Money)
- 2023-12-12📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-12-06🔒Charge registered #1Lender: Clydesdale Bank PLC (Trading as Virgin Money)
- 2023-10-26🏢Company incorporatedAs INVERLUSSA SHIPPING CO LIMITED
- 2023-10-26➕WILSON, Benjamin Sinclair appointeddirector
- 2023-10-26➕WILSON, Douglas Sinclair appointeddirector
- 2023-10-26➕WILSON, Helen Mary appointeddirector
- 2023-10-26📄incorporation-companyincorporation · NEWINC
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Founder age: Director aged approximately 71 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +Young company: Only 2.5 years old — management layer unlikely to be developed.
Succession & seller-readiness
No meaningful acquirability indicators from public data.
- primaryFamily succession underway: Not a takeover target — WILSON, Benjamin Sinclair (same surname) appointed 2023-10-26. Pattern consistent with intra-family handover.
- primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.
Red flags
2 med · 1 lowHeavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.
Evidence: 2026-02-06: A registered charge; 2026-02-06: A registered charge; 2026-02-06: A registered charge
Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Group structure
Inverlussa Shellfish Company Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Inverlussa Shellfish Company Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 26/10/2023 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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 · PA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| DAVAAR MARINE CONSERVATION INITIATIVE LTD→ SC826569 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| KAMES FISH FARMING LIMITED→ SC051158 · est 1972 · no financials extracted | — | — | — | — | 53y | — | — |
| KILFINAN COMMUNITY FOREST COMPANY→ SC333208 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| KINTYRE AGRICULTURAL SOCIETY→ SC233565 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| KM DIVING LTD→ SC656568 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| L&C SHELLFISH LTD→ SC724342 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| LOCH FYNE OYSTERS LIMITED→ SC066647 · est 1978 · no financials extracted | — | — | — | — | 47y | — | — |
| MELFORT FARMS LIMITED→ SC077172 · est 1982 · no financials extracted | — | — | — | — | 44y | — | — |
| MID AUCHENCLOICH LTD→ SC708082 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| MURGITROYD FORESTRY INVESTMENTS LTD→ SC661314 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| N&C MILTON LTD→ SC638260 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| NEILSON SEAFISH LTD→ SC312670 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
10 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.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Glas Trust Corporation (As Security Agent) Glas Trust Corporation Limited (As Security Agent) | A registered charge | — | 06/02/2026 | — | |
| outstanding | Glas Trust Corporation (As Security Agent) Glas Trust Corporation Limited (As Security Agent) | A registered charge | 1 property | 06/02/2026 | — | |
| outstanding | Glas Trust Corporation (As Security Agent) Glas Trust Corporation Limited (As Security Agent) | A registered charge | 1 property | 06/02/2026 | — | |
| outstanding | Glas Trust Corporation (As Security Agent) Glas Trust Corporation Limited (As Security Agent) | A registered charge | — | 02/02/2026 | — | |
| satisfied | Virgin Money Clydesdale Bank PLC | A registered charge | — | 10/09/2024 | 20/02/2026 | |
| satisfied | Virgin Money Clydesdale Bank PLC (Trading as Virgin Money) | A registered charge | 2 properties | 10/09/2024 | 20/02/2026 | |
| satisfied | Virgin Money Clydesdale Bank PLC (Trading as Virgin Money) | A registered charge | — | 10/09/2024 | 20/02/2026 | |
| satisfied | Virgin Money Clydesdale Bank PLC (Trading as Virgin Money) | A registered charge | — | 10/09/2024 | 20/02/2026 | |
| outstanding | Virgin Money Clydesdale Bank PLC (Trading as Virgin Money) | A registered charge | — | 06/12/2023 | — |