WYVIS FISHING COMPANY LIMITED
⚰️Wound downdissolved
SC114816 · ltd · incorporated 1988-11-29
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
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
52/100
Worth a look
What this business does
Primary activity: SIC 03110
Sector: Agriculture, forestry & fishing
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 52/100 (worth a look), bankability 42/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: asset disposal / carve-out (45/100). Current lenders should be on monthly review.
🏦
Refinance opportunity
13 live charges · 4 lenders · oldest 36.7y
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 36.7 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 75/100 (specialist).
Data confidence
Overall: low (49/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
13 charges (13/13 with lender, 13/13 with type)
90
Directors & officers
21 officers (5 active, 21 linked, 15 with DOB)
84
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
3 connected companies via shared directors
54
Filing history
155 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
52/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
10
Concerning — overdue filings or status flags present.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
41
Multiple red flags — proceed with caution.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (80 events)Click to expand
- 2020-10-20📄gazette-dissolved-compulsorygazette · GAZ2
- 2020-10-20🏁Company dissolved
- 2019-10-05📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2019-08-27📄gazette-notice-compulsorygazette · GAZ1
- 2019-01-17📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-01-17📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2019-01-16➖MACKAY, George Hector resignedsecretary
- 2019-01-16➖MACKAY, George Hector resigneddirector
- 2018-11-22⚠️liquidation-receiver-ceasing-to-act-scotlandinsolvency · 3(Scot)
- 2016-09-12📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2015-02-18⚠️liquidation-receiver-ceasing-to-act-scotlandinsolvency · 3(Scot)
- 2014-06-25📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-12-06⚠️liquidation-receiver-receivers-report-scotlandinsolvency · 3.5(Scot)
- 2013-08-05⚠️liquidation-receiver-appointment-of-receiver-scotlandinsolvency · 1(Scot)
- 2013-07-05📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2013-06-12📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-04-18➖DOUGAL, Robert Ross resignedsecretary
- 2013-04-18➕MACKAY, George Hector appointedsecretary
- 2013-04-18📄appoint-person-secretary-company-with-nameofficers · AP03
- 2013-04-18📄termination-secretary-company-with-nameofficers · TM02
- 2012-06-25📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2012-06-11📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-06-30📍move-registers-to-sail-companyaddress · AD03
- 2011-06-30📍change-sail-address-companyaddress · AD02
- 2011-06-14📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2011-06-07📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-06-07📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-06-07📄change-person-director-company-with-change-dateofficers · CH01
- 2010-06-07📄change-person-director-company-with-change-dateofficers · CH01
- 2010-06-07📄change-person-director-company-with-change-dateofficers · CH01
- 2008-05-13➕PATIENCE, Alick appointeddirector
- 2008-05-13➕PATIENCE, David appointeddirector
- 2007-01-30➖STRACHAN, Alexander resigneddirector
- 2006-11-20🔓Charge satisfied #12
- 2006-11-20🔓Charge satisfied #9
- 2004-09-22➕DOUGAL, Robert Ross appointedsecretary
- 2004-09-22➖PYPER, Jackson Bell resignedsecretary
- 2003-05-07➕MACKAY, George Hector appointeddirector
- 2003-05-07➕STRACHAN, Alexander appointeddirector
- 2003-04-11➖JONES, Alan John resigneddirector
- 2003-02-21➖HEPBURN, James resigneddirector
- 2001-12-21🔒Charge registered #17Lender: The Royal Bank of Scotland PLC
- 2000-01-26🔓Charge satisfied #14
- 2000-01-26🔓Charge satisfied #13
- 2000-01-26🔓Charge satisfied #7
- 2000-01-26🔓Charge satisfied #6
- 1999-09-17🔒Charge registered #16Lender: The Royal Bank of Scotland PLC
- 1998-11-19🔒Charge registered #14Lender: The Governor and Company of the Bank of Scotland
- 1998-11-19🔒Charge registered #13Lender: The Governor and Company of the Bank of Scotland
- 1998-11-19🔒Charge registered #12Lender: The Secretary of State for Trade and Industry
Showing most recent 50 of 80 events
Owner dependency
73/100
High — earn-out structure requiredMaterial 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 32 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 73 — 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 candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 73 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 32 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 37 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
2 high · 1 med ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2020-10-20
4 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2018-11-22: liquidation-receiver-ceasing-to-act-scotland; 2015-02-18: liquidation-receiver-ceasing-to-act-scotland
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
🔒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 · Agriculture · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| CRAIGENGILLAN ESTATES (NO 1) COMPANY LIMITED→ SC124520 · est 1990 | £3.87M £2.98M–£4.77M | — | — | 0 | 36y | 83 | 63y |
| APF INTERNATIONAL FOREST MACHINERY EXHIBITION LTD.→ SC228249 · est 2002 | £278.2k £214.0k–£342.4k | — | — | 500 | 24y | 95 | 79y |
| ALDERSTON DAIRIES LIMITED→ SC241138 · est 2002 | — | — | £114.4k | — | 23y | 83 | 74y |
| CAITHNESS POTATO BREEDERS LIMITED→ SC082730 · est 1983 | — | — | £1.36M | — | 43y | 83 | 68y |
| CARCANT ESTATES LIMITED→ SC030457 · est 1954 | — | — | £269.0k | — | 71y | 83 | 69y |
| DENHOLM POTATO GROWERS LIMITED→ SC089295 · est 1984 | — | — | £453.8k | — | 41y | 83 | 61y |
| DODS OF HADDINGTON LIMITED→ SC056452 · est 1974 | — | — | £2.26M | — | 51y | 83 | 72y |
| DOUGLAS ORR & COMPANY LIMITED→ SC185757 · est 1998 | — | — | — | 1 | 27y | 83 | 70y |
| EAST COAST ORGANICS LTD→ SC297585 · est 2006 | — | — | £1.21M | — | 20y | 83 | 63y |
| EAST LOTHIAN PRODUCE LIMITED→ SC185473 · est 1998 | — | — | £8.19M | — | 28y | 83 | 73y |
| GREENSHIELDS AGRI LIMITED→ SC381819 · est 2010 | — | — | — | 14 | 15y | 83 | 70y |
| ARBORETUM ESTATES LIMITED→ SC350956 · est 2008 | — | — | — | 0 | 17y | 82 | 67y |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
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 →🔒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
Statusdissolved
Typeltd
Incorporated1988-11-29
Jurisdictionscotland
Primary SIC03110 — SIC 03110
Registered office
Begbies Traynor (Central) Llp 2nd Floor Excel House
Semple Street
Edinburgh
EH3 8BL
Scotland
Filing status
Accounts
Next due: —
Last made up to: 2012-09-30
Confirmation statement
Next due: —
Last: —
Officers (0 active · 16 resigned)
Active
PATIENCE, Alick→
Activedirector · ~50y · appointed 2008-05-13
View their other companies + combined net worth →
PATIENCE, David→
Activedirector · ~47y · appointed 2008-05-13
View their other companies + combined net worth →
Active
PATIENCE, Ritchie→
Activedirector · ~60y · appointed 1994-02-25
View their other companies + combined net worth →
DOUGAL, Robert Ross→
Resignedsecretary · appointed 2004-09-22 · resigned 2013-04-18
GRAY, Rachel Garvie→
Resignedsecretary · resigned 1993-03-05
MACKAY, George Hector→
Resignedsecretary · appointed 2013-04-18 · resigned 2019-01-16
PYPER, Jackson Bell→
Resignedsecretary · appointed 1993-03-05 · resigned 2004-09-22
D.W. COMPANY SERVICES LIMITED→
Resignedcorporate-nominee-secretary · appointed 1988-11-29 · resigned 1990-06-07
ALLAN, Alistair David Wishart→
Resigneddirector · ~82y · resigned 1994-10-03
COUTTS, Maureen Sheila→
Resignednominee-director · appointed 1988-11-29 · resigned 1990-06-07
HARDIE, David→
Resignednominee-director · ~72y · appointed 1988-11-29 · resigned 1990-06-07
HEPBURN, James→
Resigneddirector · ~95y · appointed 1993-03-05 · resigned 2003-02-21
HEPBURN, James→
Resigneddirector · ~95y · resigned 1992-05-15
HOSSACK, Alister→
Resigneddirector · ~61y · resigned 1995-01-30
HOSSACK, John→
Resigneddirector · ~64y · resigned 1995-01-30
JONES, Alan John→
Resigneddirector · ~83y · appointed 1994-10-03 · resigned 2003-04-11
MACKAY, George Hector→
Resigneddirector · ~65y · appointed 2003-05-07 · resigned 2019-01-16
REID, Francis→
Resigneddirector · ~81y · resigned 1992-04-23
Click a director name to see their full track record across all companies.
Mortgages & charges
13
Total charges
2
Outstanding
1
Active lenders
Status:Lender:13 of 13 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Ship mortgage | 1 property | 21/12/2001 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 17/09/1999 | — | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Deed of covenant | 1 property | 19/11/1998 | 26/01/2000 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Second priority statutory mortgage | 1 property | 19/11/1998 | 26/01/2000 | |
| satisfied | The Secretary of State for Trade and Industry | First priority statutory mortgage | 1 property | 19/11/1998 | 20/11/2006 | |
| satisfied | The Secretary of State for Trade & Industry | Shipowner's form | 1 property | 27/08/1997 | 20/11/2006 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Assignment | 1 property | 27/08/1997 | 26/01/2000 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Performance guarantee assignment | 1 property | 27/08/1997 | 26/01/2000 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Deed of covenant | 1 property | 24/11/1989 | 03/09/1996 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Fishing mortgage | 1 property | 24/11/1989 | 03/09/1996 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Delivery order | — | 06/09/1989 | 03/09/1996 | |
| satisfied | The Secretary of State for Trade and Industry | Shipowners agreement | 1 property | 06/09/1989 | 03/09/1996 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond and assignation in security | 1 property | 06/09/1989 | 03/09/1996 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (155 total)
gazette-dissolved-compulsory
gazette · GAZ2
2020-10-20
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2019-10-05
gazette-notice-compulsory
gazette · GAZ1
2019-08-27
termination-director-company-with-name-termination-date
officers · TM01
2019-01-17
termination-secretary-company-with-name-termination-date
officers · TM02
2019-01-17
liquidation-receiver-ceasing-to-act-scotland
insolvency · 3(Scot)
2018-11-22
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2016-09-12
liquidation-receiver-ceasing-to-act-scotland
insolvency · 3(Scot)
2015-02-18
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-06-25
liquidation-receiver-receivers-report-scotland
insolvency · 3.5(Scot)
2013-12-06
liquidation-receiver-appointment-of-receiver-scotland
insolvency · 1(Scot)
2013-08-05
accounts-with-accounts-type-total-exemption-small
accounts · AA
2013-07-05
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-06-12
appoint-person-secretary-company-with-name
officers · AP03
2013-04-18
termination-secretary-company-with-name
officers · TM02
2013-04-18