HIGHLAND SHIPPING COMPANY LIMITED

💤Zombieactive
SC700323 · ltd · incorporated 2021-06-01
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Jun 2025
Net worth
book net assets
Opportunity
72/100
Strong
🔔
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What this business does
Primary activity: SIC 30110
Sector: Manufacturing
ALSO REGISTERED FOR
  • 50200SIC 50200
  • 50400SIC 50400
  • 96090Other service activities n.e.c.
Investor take
Pursue
Active trading company with a 69-year-old founder — textbook succession opportunity.

Opportunity 72/100 (strong), bankability 70/100. Strong seller-intent signal (60/100, director aged 69). 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 (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 4 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
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
12 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Jun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-06-302024-06-30

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 (9 events)Click to expand
  1. 2025-07-24
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-07-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2024-05-07
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  4. 2023-08-21
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2022-09-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2021-06-07
    📄
    resolution
    resolution · RESOLUTIONS
  7. 2021-06-01
    🏢
    Company incorporated
    As HIGHLAND SHIPPING COMPANY LIMITED
  8. 2021-06-01
    MACLEOD, George Scott appointed
    director
  9. 2021-06-01
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

90/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Founder age: Director aged approximately 69 — succession pressure is live.

Succession & seller-readiness

65/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 69. 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

1 med ·
Name changed recently
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2024-05-07: certificate-change-of-name-company

Group structure

Neacreath Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Neacreath Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
HIGHLAND SHIPPING COMPANY LIMITED
This company · SC700323

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Neacreath Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control01/06/2021

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

9 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
Incorporated2021-06-01
Jurisdictionscotland
Primary SIC30110 — SIC 30110

Registered office

Melfort House
Melfort Estate
Tomatin
IV13 7AB
Scotland

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2027-04-29
Last: 2026-04-15

Officers (1 active · 0 resigned)

MACLEOD, George Scott
director · ~69y · appointed 2021-06-01
View their other companies + combined net worth →
Active

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

Recent filings (12 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-15
accounts-with-accounts-type-dormant
accounts · AA
2025-07-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-17
accounts-with-accounts-type-dormant
accounts · AA
2024-07-29
certificate-change-of-name-company
change-of-name · CERTNM
2024-05-07
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-15
accounts-with-accounts-type-dormant
accounts · AA
2023-08-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-08
accounts-with-accounts-type-dormant
accounts · AA
2022-09-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-31
resolution
resolution · RESOLUTIONS
2021-06-07
incorporation-company
incorporation · NEWINC
2021-06-01