SHETLAND LINE 1984 LIMITED

🌳Matureactive
SC088013 · ltd · incorporated 1984-05-15
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 38.9y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2025
Net worth
—
book net assets
Opportunity
83/100
Exceptional
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What this business does
Primary activity: Other transportation support activities
Sector: Transportation & storage
Investor take
Pursue
Active trading company with a 74-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 74). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 38.9y

50/100
clean up first

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

  • · Oldest live charge is 38.9 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: high (83/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
13 officers (6 active, 13 linked, 9 with DOB)
84
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
16 connected companies via shared directors
90
Filing history
121 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
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.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Jun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-06-302024-06-30
Average employees00

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

🔒Filing-note intelligence

2 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

Last 30 days
1
filing
  • • 1 accounts
Last 90 days
1
filing
  • • 1 accounts
Last 180 days
3
filings
  • • 1 accounts
  • • 1 confirmation-statement
  • • 1 address
Counts from Companies House filing history.
Corporate timeline (36 events)Click to expand
  1. 2026-03-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2025-12-23
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2025-03-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2024-03-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2023-03-08
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2022-09-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2022-03-21
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2021-06-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2021-03-17
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2021-03-10
    ➖
    MITCHELL, Alan resigned
    director
  11. 2021-01-20
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2020-11-25
    ➖
    CRICHTON, Gareth Logie resigned
    director
  13. 2020-03-19
    📄
    accounts-with-accounts-type-small
    accounts · AA
  14. 2019-09-26
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  15. 2018-10-03
    📄
    accounts-with-accounts-type-small
    accounts · AA
  16. 2017-12-20
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  17. 2017-12-20
    📄
    appoint-corporate-secretary-company-with-name-date
    officers · AP04
  18. 2017-10-27
    ➕
    DENTONS SECRETARIES LIMITED appointed
    corporate-secretary
  19. 2017-10-27
    ➖
    MACLAY MURRAY & SPENS LLP resigned
    corporate-secretary
  20. 2017-07-24
    📄
    accounts-with-accounts-type-small
    accounts · AA
  21. 2015-08-24
    ➖
    BREMNER, Philip Seymour resigned
    director
  22. 2013-09-15
    ➕
    ROBERTS, Edward Alexander Thornill appointed
    director
  23. 2011-04-01
    ➕
    CRICHTON, Gareth Logie appointed
    director
  24. 2007-09-18
    ➖
    IAIN SMITH & COMPANY resigned
    corporate-nominee-secretary
  25. 2007-09-18
    ➕
    MACLAY MURRAY & SPENS LLP appointed
    corporate-secretary
  26. 2006-12-18
    ➕
    ROBERTS, Stuart James Thornill appointed
    director
  27. 1999-05-07
    ➕
    ADAM, Ian appointed
    director
  28. 1998-01-01
    ➕
    BREMNER, Philip Seymour appointed
    director
  29. 1995-09-04
    🔒
    Charge registered #3
    Lender: The Governor and Company of the Bank of Scotland
  30. 1993-09-10
    🔓
    Charge satisfied #1
  31. 1990-10-31
    ➖
    STYLES, Christopher Harold resigned
    director
  32. 1990-08-20
    ➖
    ROBERTS, Edward Stuart Thornill resigned
    secretary
  33. 1990-08-20
    ➕
    IAIN SMITH & COMPANY appointed
    corporate-nominee-secretary
  34. 1989-01-26
    ➕
    MITCHELL, Alan appointed
    director
  35. 1987-05-21
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  36. 1984-05-15
    🏢
    Company incorporated
    As SHETLAND LINE 1984 LIMITED

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
  • -5 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 27 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 74 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

90/100
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 74 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 27 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 42 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • 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

Streamline Shipping Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Streamline Shipping Group Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
SHETLAND LINE 1984 LIMITED
This company · SC088013

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%
NameSharesVoting rightsNature of controlNotified
Streamline Shipping Group Limited
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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
Typeltd
Incorporated1984-05-15
Jurisdictionscotland
Primary SIC52290 — Other transportation support activities

Registered office

Streamline Terminal
Blaikies Quay
Aberdeen
AB11 5PU
Scotland

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2027-01-14
Last: 2025-12-31

Officers (6 active · 7 resigned)

DENTONS SECRETARIES LIMITED→
corporate-secretary · appointed 2017-10-27
View their other companies + combined net worth →
Active
ADAM, Ian→
director · ~66y · appointed 1999-05-07
View their other companies + combined net worth →
Active
ROBERTS, Edward Alexander Thornill→
director · ~53y · appointed 2013-09-15
View their other companies + combined net worth →
Active
ROBERTS, Edward Stuart Thornill→
director · ~74y
View their other companies + combined net worth →
Active
ROBERTS, Katharine Hetherington→
director · ~67y
View their other companies + combined net worth →
Active
ROBERTS, Stuart James Thornill→
director · ~51y · appointed 2006-12-18
View their other companies + combined net worth →
Active
ROBERTS, Edward Stuart Thornill→
secretary · resigned 1990-08-20
Resigned
IAIN SMITH & COMPANY→
corporate-nominee-secretary · appointed 1990-08-20 · resigned 2007-09-18
Resigned
MACLAY MURRAY & SPENS LLP→
corporate-secretary · appointed 2007-09-18 · resigned 2017-10-27
Resigned
BREMNER, Philip Seymour→
director · ~65y · appointed 1998-01-01 · resigned 2015-08-24
Resigned
CRICHTON, Gareth Logie→
director · ~60y · appointed 2011-04-01 · resigned 2020-11-25
Resigned
MITCHELL, Alan→
director · ~72y · appointed 1989-01-26 · resigned 2021-03-10
Resigned
STYLES, Christopher Harold→
director · ~75y · resigned 1990-10-31
Resigned

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property04/09/1995—
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property21/05/198710/09/1993
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (121 total)

accounts-with-accounts-type-dormant
accounts · AA
2026-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-05
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-12-23
accounts-with-accounts-type-dormant
accounts · AA
2025-03-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-14
accounts-with-accounts-type-dormant
accounts · AA
2024-03-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-12
accounts-with-accounts-type-dormant
accounts · AA
2023-03-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-11
change-person-director-company-with-change-date
officers · CH01
2022-09-06
accounts-with-accounts-type-dormant
accounts · AA
2022-03-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-27
accounts-with-accounts-type-dormant
accounts · AA
2021-06-30
termination-director-company-with-name-termination-date
officers · TM01
2021-03-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-28