CAITHNESS MARINE LTD

🌱Startupactive
SC849867 · ltd · incorporated 2025-05-27
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
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Turnover
not disclosed
Net worth
book net assets
Opportunity
71/100
Strong
🔔
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What this business does
Primary activity: SIC 25990
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 71/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (58/100)

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
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
4 officers (2 active, 4 linked, 4 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
11 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
69
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
2
filings
  • 2 officers
Last 180 days
3
filings
  • 2 officers
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
  1. 2026-02-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2026-02-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2026-02-02
    SHEARER, Callum William resigned
    director
  4. 2026-02-02
    SHEARER, Kerry resigned
    director
  5. 2025-10-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2025-10-17
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  7. 2025-10-16
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  8. 2025-10-16
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  9. 2025-10-16
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2025-10-16
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2025-10-10
    MACIVER, Marcus Donald appointed
    director
  12. 2025-10-10
    SUTHERLAND, Karen appointed
    director
  13. 2025-05-27
    🏢
    Company incorporated
    As CAITHNESS MARINE LTD
  14. 2025-05-27
    SHEARER, Callum William appointed
    director
  15. 2025-05-27
    SHEARER, Kerry appointed
    director
  16. 2025-05-27
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  17. 2025-05-27
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

71/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.
  • +Young company: Only 0.9 years old — management layer unlikely to be developed.

Succession & seller-readiness

46/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

2 med ·
2 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: SHEARER, Callum William resigned 2026-02-02; SHEARER, Kerry resigned 2026-02-02

Name changed recently
medium

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

Evidence: 2025-05-27: certificate-change-of-name-company

Group structure

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

🏛️
Grampian Highland Resources Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
CAITHNESS MARINE LTD
This company · SC849867

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
Grampian Highland Resources Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control10/10/2025
2 historic (ceased) PSCs
  • Mr Callum William Shearerceased 10/10/2025· 25-50% shares · 25-50% voting
  • Mrs Kerry Shearerceased 10/10/2025· 25-50% shares · 25-50% voting

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.

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Company details

Statusactive
Typeltd
Incorporated2025-05-27
Jurisdictionscotland
Primary SIC25990 — SIC 25990

Registered office

Unit 8 Golspie Business Park
Golspie
Sutherland
KW10 6UB
United Kingdom

Filing status

Accounts
Next due: 2027-02-27
Last made up to:
Confirmation statement
Next due: 2026-11-25
Last: 2025-11-11

Officers (2 active · 2 resigned)

MACIVER, Marcus Donald
director · ~38y · appointed 2025-10-10
View their other companies + combined net worth →
Active
SUTHERLAND, Karen
director · ~58y · appointed 2025-10-10
View their other companies + combined net worth →
Active
SHEARER, Callum William
director · ~42y · appointed 2025-05-27 · resigned 2026-02-02
Resigned
SHEARER, Kerry
director · ~53y · appointed 2025-05-27 · resigned 2026-02-02
Resigned

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

Recent filings (11 total)

termination-director-company-with-name-termination-date
officers · TM01
2026-02-03
termination-director-company-with-name-termination-date
officers · TM01
2026-02-03
confirmation-statement-with-updates
confirmation-statement · CS01
2025-11-11
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-10-17
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-10-17
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-10-16
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-10-16
appoint-person-director-company-with-name-date
officers · AP01
2025-10-16
appoint-person-director-company-with-name-date
officers · AP01
2025-10-16
certificate-change-of-name-company
change-of-name · CERTNM
2025-05-27
incorporation-company
incorporation · NEWINC
2025-05-27