LOCHLEVEN SHELLFISH (SCOTLAND) LIMITED

🌳Matureactive
SC192125 · ltd · incorporated 1998-12-22
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£-204.5k
book net assets
Opportunity
83/100
Exceptional
🔔
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What this business does
Primary activity: Wholesale of other food, including fish, crustaceans and molluscs
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 83/100 (exceptional), bankability 85/100. Strong seller-intent signal (63/100, director aged 82). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -32% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 24.3y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 24.3 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: medium (79/100)

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
11 officers (5 active, 11 linked, 6 with DOB)
81
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
79 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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £204,521
Cash YoY
-32%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£88k
↓ 32% YoY
Net Worth
-£205k
↓ 227% YoY
Current Assets
£137k
↓ 31% YoY
Current Liabilities
—
-£205k-£124k-£43k£38k£119k£200kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£-204.5k£-62.5k
Current assets£137.1k£200.0k
Cash£88.1k£129.6k
Debtors£39.1k£60.4k
Net assets£-204.5k£-62.5k

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

🔒Filing-note intelligence

1 signal 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 confirmation-statement
Last 90 days
1
filing
  • • 1 confirmation-statement
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (35 events)Click to expand
  1. 2025-08-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-09-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-02-20
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  4. 2024-02-20
    🔓
    Charge satisfied #1
  5. 2023-09-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-08-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-09-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-08-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-07-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2018-07-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2017-09-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2016-09-19
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2015-12-22
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2015-05-12
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2015-01-07
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2014-09-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2014-06-10
    ➕
    GRIEVE, Elizabeth Park appointed
    director
  18. 2014-06-10
    ➕
    GRIEVE, Nicola appointed
    director
  19. 2014-06-10
    ➕
    GRIEVE, Robbie appointed
    director
  20. 2014-06-10
    ➖
    BELTRAN, Jesus resigned
    director
  21. 2014-06-10
    ➖
    BOADA, Juan resigned
    director
  22. 2006-01-09
    ➕
    GRIEVE, Nicola appointed
    secretary
  23. 2006-01-09
    ➖
    GRIEVE, Alison resigned
    secretary
  24. 2005-04-09
    ➕
    BOADA, Juan appointed
    director
  25. 2002-05-10
    ➕
    GRIEVE, Alison appointed
    secretary
  26. 2002-05-10
    ➖
    STEWART, Tanya resigned
    secretary
  27. 2002-01-08
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  28. 2001-08-22
    ➕
    STEWART, Tanya appointed
    secretary
  29. 2001-08-22
    ➖
    WILLIAMS, Paul resigned
    secretary
  30. 1998-12-22
    🏢
    Company incorporated
    As LOCHLEVEN SHELLFISH (SCOTLAND) LIMITED
  31. 1998-12-22
    ➕
    GRIEVE, John appointed
    director
  32. 1998-12-22
    ➕
    WILLIAMS, Paul appointed
    secretary
  33. 1998-12-22
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  34. 1998-12-22
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  35. 1998-12-22
    ➕
    BELTRAN, Jesus appointed
    director

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
  • -4 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 82 — 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 82 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 27 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

Ensis Fishing Limited holds majority control (50-75%). Likely parent but not wholly-owned.

🏛️
Ensis Fishing Limited
Corporate parent · holds 50-75% shares
majority
⬇
LOCHLEVEN SHELLFISH (SCOTLAND) LIMITED
This company · SC192125

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
Ensis Fishing Limited
Corporate entity
50–75%
50–75%50-75% shares · 50-75% voting06/04/2016

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
Incorporated1998-12-22
Jurisdictionscotland
Primary SIC46380 — Wholesale of other food, including fish, crustaceans and molluscs

Registered office

Loch Leven
North Ballachulish Onich
Fort William
Inverness Shire
PH33 6SA

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-01-05
Last: 2025-12-22

Officers (5 active · 6 resigned)

GRIEVE, Nicola→
secretary · appointed 2006-01-09
View their other companies + combined net worth →
Active
GRIEVE, Elizabeth Park→
director · ~81y · appointed 2014-06-10
View their other companies + combined net worth →
Active
GRIEVE, John→
director · ~82y · appointed 1998-12-22
View their other companies + combined net worth →
Active
GRIEVE, Nicola→
director · ~52y · appointed 2014-06-10
View their other companies + combined net worth →
Active
GRIEVE, Robbie→
director · ~52y · appointed 2014-06-10
View their other companies + combined net worth →
Active
GRIEVE, Alison→
secretary · appointed 2002-05-10 · resigned 2006-01-09
Resigned
STEWART, Tanya→
secretary · appointed 2001-08-22 · resigned 2002-05-10
Resigned
WILLIAMS, Paul→
secretary · appointed 1998-12-22 · resigned 2001-08-22
Resigned
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 1998-12-22 · resigned 1998-12-22
Resigned
BELTRAN, Jesus→
director · ~74y · appointed 1998-12-22 · resigned 2014-06-10
Resigned
BOADA, Juan→
director · ~72y · appointed 2005-04-09 · resigned 2014-06-10
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property08/01/200220/02/2024

Recent filings (79 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-05
mortgage-satisfy-charge-full
mortgage · MR04
2024-02-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-08-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-01-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-07-29