SHETLAND SALT LIMITED
Opportunity 76/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 66). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-05-31 | 2024-05-31 |
|---|---|---|
| Total assets | £-11.1k | £-8.2k |
| Current assets | £1.1k | £1.4k |
| Net assets | £-11.1k | £-8.2k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 accounts
- • 1 accounts
Corporate timeline (19 events)Click to expand
- 2026-02-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-02-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-02-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-02-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-02-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-04-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-04-07📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-04-07📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-04-07📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-04-07📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-04-07📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-04-07📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-03-25➕SANDISON, David Alexander appointeddirector
- 2021-03-25➖HUGHES, Laura Ann resigneddirector
- 2021-03-25➖SANDISON, Alexandra Kaye resigneddirector
- 2019-05-01🏢Company incorporatedAs SHETLAND SALT LIMITED
- 2019-05-01➕HUGHES, Laura Ann appointeddirector
- 2019-05-01➕SANDISON, Alexandra Kaye appointeddirector
- 2019-05-01📄incorporation-companyincorporation · NEWINC
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Founder age: Director aged approximately 66 — succession pressure is live.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanShareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr David Alexander Sandison Individual · British · DOB 09/1960 · age 66 | — | — | sig. influencesignificant influence | 25/03/2021 |
2 historic (ceased) PSCs
- Mrs Alexandra Kaye Sandisonceased 25/03/2021· 25-50% shares · 25-50% voting
- Mrs Laura Ann Hughesceased 25/03/2021· 25-50% shares · 25-50% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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|---|---|---|---|---|---|---|---|
| QA FISH LIMITED→ SC336851 · est 2008 | — | — | — | 2900 | 18y | 83 | 62y |
| SHETLAND FARM DAIRIES LIMITED→ SC152412 · est 1994 | — | — | — | 10 | 31y | 80 | 69y |
| PELAGIA SHETLAND LIMITED→ SC094953 · est 1985 · no financials extracted | — | — | — | — | 40y | 76 | 69y |
| QA SHELLFISH LTD→ SC552948 · est 2016 | — | — | — | 400 | 9y | 76 | 62y |
| ISLAND LARDER LTD→ SC476550 · est 2014 | — | — | — | 18 | 11y | 75 | 43y |
| ISLAND FISH (SHETLAND) LTD→ SC604178 · est 2018 | — | — | £131.6k | — | 7y | 72 | 54y |
| LERWICK DISTILLERY LIMITED→ SC738215 · est 2022 | — | — | £1.94M | — | 3y | 70 | 55y |
| SHETLAND CREAMERY LIMITED→ SC871204 · est 2025 · no financials extracted | — | — | — | — | — | 70 | 47y |
| LUNNA LAMB LTD→ SC673459 · est 2020 | — | — | £-20.9k | — | 5y | 60 | 69y |
| NORTHERN DELIGHTS SHETLAND LTD→ SC663028 · est 2020 | — | — | £-1.4k | — | 5y | 56 | 26y |
| JOHNSON & WOOD LTD→ SC440115 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| SANDWICK BAKING COMPANY LIMITED→ SC210109 · est 2000 · no financials extracted | — | — | — | — | 25y | — | — |
8 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 →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
Registered office
Filing status
Officers (1 active · 2 resigned)
Click a director name to see their full track record across all companies.