CAITHNESS SEACOAST LTD

🌳Matureactive

SC291271 · ltd · incorporated 2005-10-05

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

hardening · 12-months

Already tight — no obvious softening catalysts on the horizon.

· Thesis: well-run, low negotiation leverage

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Dec 2025

Net worth

£25.4k

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: SIC 50100

Sector: Transportation & storage

Investor take

Pursue

Asset-holding vehicle with a 67-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 67). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -43% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (78/100)

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

Lenders & charges

Confirmed no charges registered

Directors & officers

4 officers (3 active, 4 linked, 2 with DOB)

Ownership & PSC

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

Director network

1 connected companies via shared directors

Filing history

45 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £25,423

Net assets shrinking

Down £27,844 YoY

Cash draining

Cash down 43% YoY

Cash YoY

-43%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£31k

↓ 43% YoY

Net Worth

£25k

↓ 52% YoY

Current Assets

£31k

↓ 43% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-12-31	2024-12-31
Total assets	£25.4k	£53.3k
Current assets	£31.3k	£55.0k
Cash	£30.9k	£54.3k
Debtors	£402	£650
Net assets	£25.4k	£53.3k

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

filing

• 1 accounts

Last 90 days

filing

• 1 accounts

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (21 events)Click to expand

2026-03-26
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-27
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accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-26
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accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-27
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accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-04-21
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accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-11
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-04-03
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-08-01
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-06-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-05-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2016-09-21
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-10-20
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-05-07
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accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-10-23
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-08-29
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2005-10-05
🏢
Company incorporated
As CAITHNESS SEACOAST LTD
2005-10-05
➕
MUNRO, Adelaine appointed
secretary
2005-10-05
➕
MUNRO, Adelaine appointed
director
2005-10-05
➕
MUNRO, William Thomas appointed
director
2005-10-05
➕
OSWALDS OF EDINBURGH LIMITED appointed
corporate-nominee-secretary
2005-10-05
➖
OSWALDS OF EDINBURGH LIMITED resigned
corporate-nominee-secretary

Owner dependency

91/100

Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
+Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 67 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

86/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 21 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.)

Shareholders & ownership

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mrs Adelaine Munro Individual · British · DOB 09/1959 · age 67	25–50%	—	25-50% shares	06/04/2016
Mr William Thomas Munro Individual · British · DOB 11/1959 · age 67	25–50%	—	25-50% shares	06/04/2016

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.

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Similar companies

Active · Transport & logistics · KW postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
D STEVEN & SON→ SC174715 · est 1997 · no financials extracted	—	—	—	—	29y	82	69y
JOHN O'GROATS FERRIES LIMITED→ SC144259 · est 1993	—	—	£389.4k	—	32y	80	88y
MEIKLEJOHNS TAXIS LIMITED→ SC439983 · est 2013	—	—	£241.8k	—	13y	79	64y
AAM HAULAGE LTD→ SC517958 · est 2015	—	—	—	100	10y	78	66y
FAST VESSEL CHARTERS LTD→ SC522163 · est 2015	—	—	£226.9k	—	10y	78	65y
LITTLEJOHN REMOVALS LIMITED→ SC541126 · est 2016	—	—	£71.7k	—	9y	78	62y
E-TOUR ORKNEY LTD→ SC839838 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
HIGHLAND CHILLED LTD→ SC783783 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
JOHN O'GROATS FERRIES TRANSPORT LTD→ SC629276 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
MCADIE & REEVE LIMITED→ SC320832 · est 2007 · no financials extracted	—	—	—	—	19y	—	—
MCGREGOR TRANSPORT & STRATEGY SOLUTIONS LTD→ SC441847 · est 2013 · no financials extracted	—	—	—	—	13y	—	—
NORTHERLY MARINE SERVICES LTD→ SC563688 · est 2017 · no financials extracted	—	—	—	—	8y	—	—

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.

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Company details

Statusactive

Typeltd

Incorporated2005-10-05

Jurisdictionscotland

Primary SIC50100 — SIC 50100

Registered office

29 Whitehouse Park

Wick

Caithness

KW1 4NX

Filing status

Accounts

Next due: 2027-09-30

Last made up to: 2025-12-31

Confirmation statement

Next due: 2026-10-14

Last: 2025-09-30

Officers (3 active · 1 resigned)

MUNRO, Adelaine→

secretary · appointed 2005-10-05

View their other companies + combined net worth →

Active

MUNRO, Adelaine→

director · ~67y · appointed 2005-10-05

View their other companies + combined net worth →

Active

MUNRO, William Thomas→

director · ~67y · appointed 2005-10-05

View their other companies + combined net worth →

Active

OSWALDS OF EDINBURGH LIMITED→

corporate-nominee-secretary · appointed 2005-10-05 · resigned 2005-10-05

Resigned

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