SUNBEAM FISHING COMPANY LIMITED
⚰️Wound downdissolved
SC141796 · ltd · incorporated 1992-12-17
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒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 0501
Sector: Mining & quarrying
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 52/100 (worth a look), bankability 52/100. Strong seller-intent signal (68/100, director aged 77). 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
16 live charges · 4 lenders · oldest 31.3y
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 31.3 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 60/100 (high).
Data confidence
Overall: low (50/100)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
16 charges (16/16 with lender, 16/16 with type)
90
Directors & officers
12 officers (5 active, 12 linked, 9 with DOB)
85
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
6 connected companies via shared directors
63
Filing history
99 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 (78 events)Click to expand
- 2010-04-20⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2010-04-20🏁Company dissolved
- 2010-01-20⚠️liquidation-voluntary-return-of-final-meeting-scotlandinsolvency · 4.26(Scot)
- 2008-01-09📄resolutionresolution · RESOLUTIONS
- 2008-01-09📍legacyaddress · 287
- 2008-01-08📍legacyaddress · 287
- 2007-12-24📄legacymortgage · 419a(Scot)
- 2007-12-24📄legacymortgage · 419a(Scot)
- 2007-12-24📄legacymortgage · 419a(Scot)
- 2007-12-24📄legacymortgage · 419a(Scot)
- 2007-12-24📄legacymortgage · 419a(Scot)
- 2007-12-24📄legacymortgage · 419a(Scot)
- 2007-12-24📄legacymortgage · 419a(Scot)
- 2007-12-24📄legacymortgage · 419a(Scot)
- 2007-12-24🔓Charge satisfied #18
- 2007-12-24🔓Charge satisfied #19
- 2007-12-24🔓Charge satisfied #17
- 2007-12-24🔓Charge satisfied #16
- 2007-12-24🔓Charge satisfied #12
- 2007-12-24🔓Charge satisfied #11
- 2007-12-24🔓Charge satisfied #6
- 2007-12-24🔓Charge satisfied #1
- 2007-09-27📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2007-01-03📄legacyannual-return · 363s
- 2006-10-17📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2005-12-23📄legacyannual-return · 363s
- 2005-12-19📄legacymortgage · 419a(Scot)
- 2005-12-19📄legacymortgage · 419a(Scot)
- 2005-12-19🔓Charge satisfied #3
- 2005-12-19🔓Charge satisfied #5
- 2005-09-28📄accounts-with-accounts-type-smallaccounts · AA
- 2005-01-11📄legacyannual-return · 363s
- 2004-07-22📄accounts-with-accounts-type-smallaccounts · AA
- 2004-01-08📄legacyannual-return · 363s
- 2003-10-02📄accounts-with-accounts-type-smallaccounts · AA
- 2002-12-22📄legacyannual-return · 363s
- 2001-11-22➖GARRICK, John Magnus resigneddirector
- 2001-09-27🔓Charge satisfied #10
- 2001-08-07🔓Charge satisfied #14
- 2001-08-07🔓Charge satisfied #13
- 2001-08-07🔓Charge satisfied #7
- 2001-05-30🔓Charge satisfied #15
- 2001-05-30🔓Charge satisfied #2
- 2001-01-26🔒Charge registered #18Lender: Shetland Leasing and Property Developments Limited
- 2001-01-14🔒Charge registered #19Lender: Shetland Leasing and Property Developments Limited
- 2001-01-14🔒Charge registered #17Lender: Shetland Leasing and Property Developments Limited
- 2000-09-18➖FRASER, Francis resigneddirector
- 2000-09-18➖FRASER, Norman Charles Andrew resigneddirector
- 1999-08-05➖FRASER, Colin Christopher Andrew resigneddirector
- 1997-07-21🔒Charge registered #16Lender: The Trustees of the Shetland Development Trust
Showing most recent 50 of 78 events
Owner dependency
65/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- -4 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 77 — succession pressure is live.
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 77 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 33 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 2010-04-20
2 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2010-04-20: gazette-dissolved-liquidation; 2010-01-20: liquidation-voluntary-return-of-final-meeting-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.
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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
Incorporated1992-12-17
Jurisdictionscotland
Primary SIC0501 — SIC 0501
Registered office
First Floor, Quay 2
139 Fountainbridge
Edinburgh
EH3 9QG
Filing status
Accounts
Next due: —
Last made up to: 2006-12-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 7 resigned)
LHD LIMITED→
Activecorporate-secretary · appointed 1993-12-16
View their other companies + combined net worth →
ABERNETHY, Walter William→
Activedirector · ~77y · appointed 1993-12-16
View their other companies + combined net worth →
GARRIOCK, John Robert Simon→
Activedirector · ~75y · appointed 1993-12-16
View their other companies + combined net worth →
JAMIESON, James John→
Activedirector · ~75y · appointed 1996-06-30
View their other companies + combined net worth →
SIMPSON, Richard Harald→
Activedirector · ~70y · appointed 1996-06-30
View their other companies + combined net worth →
PETERKINS, SOLICITORS→
Resignedcorporate-nominee-secretary · appointed 1992-12-17 · resigned 1993-12-16
FRASER, Colin Christopher Andrew→
Resigneddirector · ~62y · appointed 1993-12-16 · resigned 1999-08-05
FRASER, Francis→
Resigneddirector · ~66y · appointed 1993-12-16 · resigned 2000-09-18
FRASER, Norman Charles Andrew→
Resigneddirector · ~67y · appointed 1993-12-16 · resigned 2000-09-18
GARRICK, John Magnus→
Resigneddirector · ~72y · appointed 1993-12-16 · resigned 2001-11-22
HUNTER, Neil Cameron→
Resignednominee-director · appointed 1992-12-17 · resigned 1993-12-16
RENNIE, Thomas George→
Resignednominee-director · ~79y · appointed 1992-12-17 · resigned 1993-12-16
Click a director name to see their full track record across all companies.
Mortgages & charges
16
Total charges
0
Outstanding
0
Active lenders
Status:Lender:16 of 16 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Shetland Leasing and Property Developments Shetland Leasing and Property Developments Limited | Ship mortgage | 1 property | 26/01/2001 | 24/12/2007 | |
| satisfied | Shetland Leasing and Property Developments Shetland Leasing and Property Developments Limited | Deed of undertakings | 6 properties | 14/01/2001 | 24/12/2007 | |
| satisfied | Shetland Leasing and Property Developments Shetland Leasing and Property Developments Limited | Bond & floating charge | 1 property | 14/01/2001 | 24/12/2007 | |
| satisfied | The Trustees of the Shetland Development Trust | Mortgage | 1 property | 21/07/1997 | 24/12/2007 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Mortgage | 1 property | 15/07/1997 | 30/05/2001 | |
| satisfied | The Trustees of the Shetland Development Trust | Assignation | 1 property | 07/07/1997 | 24/12/2007 | |
| satisfied | The Trustees of the Shetland Development Trust | Deed of covenant | 1 property | 07/07/1997 | 24/12/2007 | |
| satisfied | The Trustees of the Shetland Development Trust | Floating charge | 1 property | 07/07/1997 | 27/09/2001 | |
| satisfied | Shetland Leasing and Property Developments Shetland Leasing and Property Developments Limited | Mortgage | 1 property | 02/07/1997 | 07/08/2001 | |
| satisfied | Shetland Leasing and Property Developments Shetland Leasing and Property Developments Limited | Mortgage | 1 property | 02/07/1997 | 07/08/2001 | |
| satisfied | Shetland Leasing and Property Developments Shetland Leasing and Property Developments Limited | Floating charge | 1 property | 10/06/1997 | 07/08/2001 | |
| satisfied | J.H. Goodlad and Others as Trustees of the Shetland Fishermen's Trust | Floating charge | 1 property | 01/08/1995 | 24/12/2007 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Fishing boat mortgage | 1 property | 17/07/1995 | 19/12/2005 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Fishing boat mortgage | 1 property | 10/07/1995 | 19/12/2005 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 22/05/1995 | 30/05/2001 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Fishing boat mortgage | 1 property | 09/01/1995 | 24/12/2007 |
Recent filings (99 total)
gazette-dissolved-liquidation
gazette · GAZ2
2010-04-20
liquidation-voluntary-return-of-final-meeting-scotland
insolvency · 4.26(Scot)
2010-01-20
resolution
resolution · RESOLUTIONS
2008-01-09
legacy
address · 287
2008-01-09
legacy
address · 287
2008-01-08
legacy
mortgage · 419a(Scot)
2007-12-24
legacy
mortgage · 419a(Scot)
2007-12-24
legacy
mortgage · 419a(Scot)
2007-12-24
legacy
mortgage · 419a(Scot)
2007-12-24
legacy
mortgage · 419a(Scot)
2007-12-24
legacy
mortgage · 419a(Scot)
2007-12-24
legacy
mortgage · 419a(Scot)
2007-12-24
legacy
mortgage · 419a(Scot)
2007-12-24
accounts-with-accounts-type-total-exemption-small
accounts · AA
2007-09-27
legacy
annual-return · 363s
2007-01-03