NORTH STAR SHIPPING (ABERDEEN) LIMITED

🌳Matureactive

SC037566 · ltd · incorporated 1962-04-30

Investment thesis

Established operating company — standard diligence applies, no dominant angle.

Why interesting: Live, filing, normal profile.

Why risky: No standout signals in either direction.

Why now

Window steady · low confidence

Stable recent picture — watch for any upcoming trigger event.

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

—

not disclosed

Net worth

—

book net assets

Opportunity

64/100

Worth a look

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What this business does

Primary activity: SIC 52220

Sector: Transportation & storage

Investor take

Worth a look

Active trading company. Reasonable fundamentals — worth a memo before deciding.

Opportunity 64/100 (worth a look), bankability 57/100. Biggest value-creation lever: Consolidate lender relationships. 8 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: refinance and hold (40/100).

🏦

Refinance opportunity

64 live charges · 8 lenders · oldest 58.7y

25/100

too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

· Oldest live charge is 58.7 years old — likely at or near maturity.
· 8 lenders named — inter-creditor friction likely.
· Legal-friction score 53/100 (high).

Data confidence

Overall: medium (60/100)

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

No iXBRL financials extracted

Lenders & charges

64 charges (64/64 with lender, 64/64 with type)

Directors & officers

31 officers (5 active, 31 linked, 25 with DOB)

Ownership & PSC

1 active PSC(s) of 2 total, 2 with control declared

Director network

11 connected companies via shared directors

Filing history

261 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

64/100Worth a look

PassWatchWorth a lookStrongExceptional

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality

Adequate — check latest filings for context.

Acquirability

Some acquirability indicators.

Risk profile

Some moderate concerns — review flags.

Signal strength

100

Good data coverage for analysis.

Recent activity

Last 30 days

filings

Last 90 days

filing

• 1 officers

Last 180 days

filings

• 2 officers

Counts from Companies House filing history.

Corporate timeline (140 events)Click to expand

2026-03-17
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-03-16
➖
BRADFORD, James resigned
director
2026-02-03
📄
appoint-person-director-company-with-name-date
officers · AP01
2026-01-30
➕
LANG, Joanna Marion appointed
director
2025-09-18
📄
accounts-with-accounts-type-full
accounts · AA
2025-08-29
📄
change-person-director-company-with-change-date
officers · CH01
2025-08-29
📄
change-person-director-company-with-change-date
officers · CH01
2025-08-29
📄
change-person-director-company-with-change-date
officers · CH01
2025-08-29
📄
change-person-director-company-with-change-date
officers · CH01
2025-08-06
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-08-06
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-07-22
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-07-22
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-07-22
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-07-22
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-07-17
🔒
Charge registered #64
Lender: Kroll Trustee Services Limited as Security Trustee for Each of the Secured Creditors
2025-07-17
🔒
Charge registered #63
Lender: Kroll Trustee Services Limited as Security Trustee for Each of the Secured Creditors
2025-07-17
🔒
Charge registered #62
Lender: Kroll Trustee Services Limited
2025-07-17
🔒
Charge registered #61
Lender: Kroll Trustee Services Limited
2025-06-02
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-02-16
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-02-13
➖
GORDON, Matthew James resigned
director
2024-12-04
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-12-02
➕
TALMO, Gitte Gard appointed
director
2024-09-06
📄
accounts-with-accounts-type-full
accounts · AA
2024-07-31
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-07-31
📍
change-sail-address-company-with-old-address-new-address
address · AD02
2024-05-02
➖
HOLDEN, Alan resigned
director
2024-05-02
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-11-02
➕
BRADFORD, James appointed
director
2023-11-02
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-09-20
📄
accounts-with-accounts-type-full
accounts · AA
2022-12-22
🔒
Charge registered #60
Lender: Kroll Trustee Services Limited, the News Building, Level 6, 3 London Bridge Street, London, England, SE19SG
2022-12-22
🔒
Charge registered #59
Lender: Kroll Trustee Services Limited, the News Building, Level 6, 3 London Bridge Street, London, England, SE19SG
2022-12-22
🔒
Charge registered #58
Lender: Kroll Trustee Services Limited, the News Building, Level 6, 3 London Bridge Street, London, England, SE19SG
2022-12-22
🔒
Charge registered #57
Lender: Kroll Trustee Services Limited, the News Building, Level 6, 3 London Bridge Street, London, England, SE19SG
2022-12-22
🔒
Charge registered #56
Lender: Kroll Trustee Services Limited, the News Building, Level 6, 3 London Bridge Street, London, England, SE19SG
2022-12-22
🔒
Charge registered #55
Lender: Kroll Trustee Services Limited, the News Building, Level 6, 3 London Bridge Street, London, England, SE19SG
2022-12-22
🔒
Charge registered #54
Lender: Kroll Trustee Services Limited, the News Building, Level 6, 3 London Bridge Street, London, England, SE19SG
2022-12-22
🔒
Charge registered #53
Lender: Kroll Trustee Services Limited, the News Building, Level 6, 3 London Bridge Street, London, England, SE19SG
2022-12-22
🔒
Charge registered #52
Lender: Kroll Trustee Services Limited, the News Building, Level 6, 3 London Bridge Street, London, England, SE19SG
2022-12-22
🔒
Charge registered #51
Lender: Kroll Trustee Services Limited, the News Building, Level 6, 3 London Bridge Street, London, England, SE19SG
2022-12-22
🔒
Charge registered #50
Lender: Kroll Trustee Services Limited, the News Building, Level 6, 3 London Bridge Street, London, England, SE19SG
2022-12-22
🔒
Charge registered #49
Lender: Kroll Trustee Services Limited, the News Building, Level 6, 3 London Bridge Street, London, England, SE19SG
2022-12-22
🔒
Charge registered #48
Lender: Kroll Trustee Services Limited, the News Building, Level 6, 3 London Bridge Street, London, England, SE19SG
2022-12-22
🔒
Charge registered #47
Lender: Kroll Trustee Services Limited, the News Building, Level 6, 3 London Bridge Street, London, England, SE19SG
2022-12-22
🔒
Charge registered #46
Lender: Kroll Trustee Services Limited, the News Building, Level 6, 3 London Bridge Street, London, England, SE19SG
2022-12-22
🔒
Charge registered #45
Lender: Kroll Trustee Services Limited, the News Building, Level 6, 3 London Bridge Street, London, England, SE19SG
2022-12-22
🔒
Charge registered #44
Lender: Kroll Trustee Services Limited, the News Building, Level 6, 3 London Bridge Street, London, England, SE19SG
2022-12-22
🔒
Charge registered #43
Lender: Kroll Trustee Services Limited, the News Building, Level 6, 3 London Bridge Street, London, England, SE19SG

Showing most recent 50 of 140 events

Owner dependency

40/100

Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS

-4 active directors: Broader management team in place — suggests transferable governance.

Succession & seller-readiness

30/100

Weak signal

Limited succession signal. Not a near-term off-market candidate.

Red flags

2 med · 2 low

4 new charges in last 12 months

medium

Heavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.

Evidence: 2025-07-17: A registered charge; 2025-07-17: A registered charge; 2025-07-17: A registered charge

Charge satisfaction-then-recreation pattern

medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

60 live charges

low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Multiple registered office changes

low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Group structure

Kroll Nominees Limited (As Nominee Company For Kroll Trustee Services Limited As Security Agent) is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Kroll Nominees Limited (As Nominee Company For Kroll Trustee Services Limited As Security Agent)

Corporate parent · holds 75-100% shares · board control

ultimate parent

⬇

NORTH STAR SHIPPING (ABERDEEN) LIMITED

This company · SC037566

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
Kroll Nominees Limited (As Nominee Company For Kroll Trustee Services Limited As Security Agent) Corporate entity	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	22/12/2022

1 historic (ceased) PSC

North Star Holdco Limitedceased 22/12/2022· 75-100% shares · 75-100% voting · board control

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 →

Similar companies

Active · Transport & logistics · AB postcode area

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STREAMLINE SHIPPING AGENCIES LIMITED→ SC073938 · est 1981	£5.76M £4.32M–£7.20M	£41.24M	—	24500	45y	85	74y
DOUGLAS F MITCHELL LIMITED→ SC226015 · est 2001	£455.2k £341.4k–£569.0k	—	—	11	24y	82	82y
TRANSPAN (SCOTLAND) LIMITED→ SC124530 · est 1990	£52.0k £39.0k–£65.0k	—	—	71	36y	83	58y
ALP (SCOTLAND) LIMITED→ SC261031 · est 2003	—	—	£246.4k	—	22y	83	61y
BOX POOL SOLUTIONS LIMITED→ SC286718 · est 2005	—	—	£2.66M	—	20y	83	77y
CALEY COLD STORE LIMITED→ SC270634 · est 2004	—	—	£3.28M	—	21y	83	73y
ENLIM (SCOTLAND) LTD.→ SC248672 · est 2003	—	—	—	500	23y	83	62y
HARBOUR HAULAGE LIMITED→ SC202822 · est 2000	—	—	£951.9k	—	26y	83	62y
KEITH & DUFFTOWN RAILWAY ASSOCIATION→ SC157099 · est 1995 · no financials extracted	—	—	—	—	31y	83	82y
SHETLAND LINE 1984 LIMITED→ SC088013 · est 1984	—	—	—	0	42y	83	74y
W & H LESLIE (ABERDEEN) LIMITED→ SC281256 · est 2005	—	—	£2.57M	—	21y	83	65y

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

8 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

Incorporated1962-04-30

Jurisdictionscotland

Primary SIC52220 — SIC 52220

Registered office

First Floor, Suite 3, Prime View

Prime Four Business Park

Kingswells

AB15 8PU

Scotland

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2026-08-17

Last: 2025-08-03