MARITIME TRUSTEES LIMITED

🌳Matureactive
SC033519 · private-limited-guarant-nsc · incorporated 1958-12-16
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 38.5y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Jan 2025
Net worth
£116
book net assets
Opportunity
83/100
Exceptional
🔔
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What this business does
Primary activity: Non-trading company
Sector: Professional, scientific & technical
Investor take
Pursue
Dormant / non-trading with a 71-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 75/100. Strong seller-intent signal (65/100, director aged 71). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 38.5y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 38.5 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 28/100 — workable, but lender will want more DD.

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
83 officers (17 active, 83 linked, 76 with DOB)
88
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
15 connected companies via shared directors
90
Filing history
267 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
83/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £116

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£116
~ YoY
Current Assets
Current Liabilities
£0£23£46£70£93£116Jan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-01-312024-01-31
Total assets£6£6
Net assets£116£116

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
0
filings
Last 90 days
2
filings
  • 1 confirmation-statement
  • 1 officers
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (158 events)Click to expand
  1. 2026-01-27
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2025-07-31
    WOTHERSPOON, Johnathan Lawrence Edwards resigned
    director
  3. 2025-07-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2025-04-08
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  5. 2025-03-27
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2025-03-27
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2025-03-01
    PEARSON, Annie Elizabeth appointed
    director
  8. 2025-03-01
    PRENTICE, Hannah appointed
    director
  9. 2025-01-31
    📄
    second-filing-of-director-appointment-with-name
    officers · RP04AP01
  10. 2024-12-01
    LONG, Kenneth Burnie appointed
    director
  11. 2024-11-14
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2024-10-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2024-10-19
    HAMILTON, Bethia Mary resigned
    director
  14. 2024-02-13
    📄
    change-corporate-secretary-company-with-change-date
    officers · CH04
  15. 2024-02-13
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2024-02-13
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  17. 2024-02-13
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2024-02-13
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2024-01-25
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  20. 2024-01-01
    MACDONALD, Sarah-Jane appointed
    director
  21. 2024-01-01
    MARCHINI, Mirella Gabriella appointed
    director
  22. 2024-01-01
    WOTHERSPOON, James Robert Edwards appointed
    director
  23. 2024-01-01
    WOTHERSPOON, Johnathan Lawrence Edwards appointed
    director
  24. 2023-12-13
    MACKAY, Iain Finlay Magnus resigned
    director
  25. 2023-10-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  26. 2023-02-08
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  27. 2022-10-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  28. 2022-04-14
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  29. 2022-04-01
    HOYLE, Susan Jane resigned
    director
  30. 2022-03-30
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  31. 2022-03-29
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  32. 2022-03-28
    MACLEOD, Angus George appointed
    director
  33. 2021-08-31
    CAMPBELL, James Peter resigned
    director
  34. 2021-07-12
    MACKAY, Iain Finlay Magnus appointed
    director
  35. 2021-01-04
    HARRISON, Roderick Alexander Louden appointed
    director
  36. 2020-09-11
    DONALDSON, Ian resigned
    director
  37. 2019-08-31
    ADAMS, Paul resigned
    director
  38. 2019-08-31
    BRASS, Colin John Stewart resigned
    director
  39. 2019-08-31
    CLARKE, John Bernard resigned
    director
  40. 2019-08-31
    COTTON, Stephen Michael resigned
    director
  41. 2019-08-31
    COWIE, Gillian resigned
    director
  42. 2019-08-31
    DEWAR, Michael James resigned
    director
  43. 2019-08-31
    DOCHERTY, Steven John resigned
    director
  44. 2019-08-31
    DUNN, Iain Cameron resigned
    director
  45. 2019-08-31
    ENTWISTLE, Liam Anthony resigned
    director
  46. 2019-08-31
    KING, Stewart Alexander resigned
    director
  47. 2019-08-31
    LONG, Kenneth Burnie resigned
    director
  48. 2019-08-31
    MACKENZIE, Keith Hamilton resigned
    director
  49. 2019-08-31
    MACLEOD, Angus George resigned
    director
  50. 2019-08-31
    MARSHALL, Alison resigned
    director
Showing most recent 50 of 158 events

Owner dependency

73/100
High — earn-out structure required

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

FACTORS
  • -16 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 33 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 71 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

80/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 33 years. Very long tenure is a classic succession signal.
  • 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.)

Group structure

Wright, Johnston & Mackenzie Llp holds 25-50% — a significant corporate investor but not a controlling parent.

🏛️
Wright, Johnston & Mackenzie Llp
Corporate parent
MARITIME TRUSTEES LIMITED
This company · SC033519

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Wright, Johnston & Mackenzie Llp
Corporate entity
sig. influencesignificant influence24/01/2020

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 →

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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
Typeprivate-limited-guarant-nsc
Incorporated1958-12-16
Jurisdictionscotland
Primary SIC74990 — Non-trading company

Registered office

St Vincent Plaza
319 St. Vincent Street
Glasgow
G2 5RZ
Scotland

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-02-08
Last: 2026-01-25

Officers (17 active · 66 resigned)

WJM SECRETARIES LIMITED
corporate-secretary · appointed 2004-01-01
View their other companies + combined net worth →
Active
BELL, David Graham
director · ~63y · appointed 1993-07-01
View their other companies + combined net worth →
Active
DOLAN, Rosina Marie
director · ~54y · appointed 2017-05-29
View their other companies + combined net worth →
Active
GILLIES, Fraser Anthony Brian
director · ~49y · appointed 2010-02-01
View their other companies + combined net worth →
Active
HARRISON, Roderick Alexander Louden
director · ~61y · appointed 2021-01-04
View their other companies + combined net worth →
Active
JOHNSTON, William Grant
director · ~64y · appointed 2005-10-01
View their other companies + combined net worth →
Active
LONG, Kenneth Burnie
director · ~63y · appointed 2024-12-01
View their other companies + combined net worth →
Active
MACDONALD, Ian
director · ~69y
View their other companies + combined net worth →
Active
MACDONALD, Sarah-Jane
director · ~39y · appointed 2024-01-01
View their other companies + combined net worth →
Active
MACLEAN, Roderick Kenneth
director · ~57y · appointed 2019-05-01
View their other companies + combined net worth →
Active
MACLEOD, Angus George
director · ~52y · appointed 2022-03-28
View their other companies + combined net worth →
Active
MARCHINI, Mirella Gabriella
director · ~60y · appointed 2024-01-01
View their other companies + combined net worth →
Active
MCARTHUR, Kathleen
director · ~53y · appointed 2017-05-29
View their other companies + combined net worth →
Active
MURRAY, Graham Neil
director · ~48y · appointed 2016-03-24
View their other companies + combined net worth →
Active
PEARSON, Annie Elizabeth
director · ~43y · appointed 2025-03-01
View their other companies + combined net worth →
Active
PRENTICE, Hannah
director · ~40y · appointed 2025-03-01
View their other companies + combined net worth →
Active
WOTHERSPOON, James Robert Edwards
director · ~71y · appointed 2024-01-01
View their other companies + combined net worth →
Active
WRIGHT JOHNSTON & MACKENZIE
corporate-secretary · resigned 2004-01-01
Resigned
ADAMS, Paul
director · ~46y · appointed 2019-04-01 · resigned 2019-08-31
Resigned
AIKMAN, Andrew Macintosh
director · ~88y · appointed 1989-07-01 · resigned 1992-01-17
Resigned

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

Mortgages & charges

3
Total charges
1
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Taylor Wimpey UK
Taylor Wimpey UK Limited
Standard security1 property25/01/2013
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property16/10/199009/01/1992
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property04/11/198701/10/1992
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (267 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-05
termination-director-company-with-name-termination-date
officers · TM01
2026-01-27
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-10
appoint-person-director-company-with-name-date
officers · AP01
2025-04-08
appoint-person-director-company-with-name-date
officers · AP01
2025-03-27
appoint-person-director-company-with-name-date
officers · AP01
2025-03-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-17
second-filing-of-director-appointment-with-name
officers · RP04AP01
2025-01-31
termination-director-company-with-name-termination-date
officers · TM01
2024-11-14
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-13
change-corporate-secretary-company-with-change-date
officers · CH04
2024-02-13
appoint-person-director-company-with-name-date
officers · AP01
2024-02-13
appoint-person-director-company-with-name-date
officers · AP01
2024-02-13
appoint-person-director-company-with-name-date
officers · AP01
2024-02-13