Company Overview
60 North Fishing (Shetland) Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Friday 27 February 2015, so this is a well established company. 60 North Fishing (Shetland) Ltd has been in business for 11 years and 1 month. The accounts status is total exemption full and the accounts are next due on Tuesday 31 March 2026.
Registered Address

Mair's Quay, Holmsgarth, Lerwick, Shetland, ZE1 0PW
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Companies House Data
Company Name60 NORTH FISHING (SHETLAND) LTD
Company NumberSC499134
Registered Office AddressMair's Quay
 Holmsgarth
 ZE1 0PW
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date27/02/2015
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2026
Accounts Last Made Up Date31/03/2025
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date27/03/2017
Returns Last Made Up Date27/02/2016
Directors & Members
Ryan Arthur - Director
(British, 46 years old, born March 1980)
Appointed 27 February 2015
 Active
Andrew White - Director
(British, 42 years old, born March 1984)
Appointed 27 February 2015
 Active
Andersons Grantfield Limited - Director
Appointed 27 February 2015
 Active
Lhd Ltd - Director
Appointed 27 February 2015
 Active
Secretaries
Show Resigned
John Scollay - Secretary
Appointed 01 June 2025
 Active
Other Company Directorships
Ryan Arthur
No companies found
Andrew White
No companies found
Andersons Grantfield Limited
No companies found
Lhd Ltd
No companies found
Balance Sheet Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2022 31-Mar-2021
Balance Sheet
Fixed Assets 13,520,030 13,520,030 11,621,168
Current Assets 6,586,593 6,586,593 129,285
Creditors Due Within One Year 6,759,768 6,759,768 140,420
Working Cap -173,175 -173,175 -11,135
Total Assets Less Current Liabilities 13,346,855 13,346,855 11,610,033
Long-term Liabilities 7,729,275 7,729,275 6,801,773
Net Assets 5,617,580 5,617,580 4,808,260
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 5,617,580 5,617,580 4,808,260
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2022 31-Mar-2021
Tangible Fixed Assets - - -
Fixed Assets 67.2% 67.2% 98.9%
Stocks Inventory - - -
Debtors 0.6% 0.6% 1.1%
Cash Bank In Hand - - -
Current Assets 32.8% 32.8% 1.1%
Creditors Due Within One Year 33.6% 33.6% 1.2%
Net Current Assets Liabilities -0.9% -0.9% -0.1%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 27.9% 27.9% 40.9%
Capital Employed - - -
Total Assets Less Current Liabilities 66.4% 66.4% 98.8%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2022 31-Mar-2021
Liquidity Ratio 1.0 1.0 0.9
Solvency Ratio 1.4 1.4 1.7
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 18
Mortgages Outstanding 14
Mortgages Part Satisfied 0
Mortgages Satisfied 4
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2022 31-Mar-2021
Assets 20,106,623 20,106,623 11,750,453
Debt 14,489,043 14,489,043 6,942,193
Net Assets/Debt 5,617,580 5,617,580 4,808,260

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

As at the balance sheet date current liquid assets were slightly less than short term debt. We would normally view a company broadly neutrally for this. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.As at the balance sheet date current liquid assets were slightly less than short term debt. We would normally view a company broadly neutrally for this. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.As at the balance sheet date current liquid assets were slightly less than short term debt. We would normally view a company broadly neutrally for this. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
Other Business around ZE1 0PW
D.I.T.T. CONSTRUCTION LIMITED
HOLMSGARTH ROAD, LERWICK, SHETLAND, ZE1 0PW
THULIUM PROPERTY LIMITED
DITT, HOLMSGARTH ROAD, LERWICK, SHETLAND, ZE1 0PW
BURGESS GARAGE (SHETLAND) UNLIMITED
HOLMSGARTH ROAD, LERWICK, SHETLAND, ZE1 0PW
Document Filings
Confirmation statement made on 13 March 2026 with no updates
Appointment of Mr John Magnus Scollay as a secretary on 1 June 2025
Termination of appointment of Hazel Jane Henderson as a secretary on 30 May 2025
Confirmation statement made on 13 March 2025 with no updates
Confirmation statement made on 4 March 2025 with no updates
Confirmation statement made on 4 March 2024 with no updates
Registration of charge SC4991340018, created on 16 August 2023
Registration of charge SC4991340016, created on 28 July 2023
Registration of charge SC4991340017, created on 28 July 2023
Registration of charge SC4991340013, created on 15 March 2023
Registration of charge SC4991340014, created on 15 March 2023
Registration of charge SC4991340015, created on 20 March 2023
Confirmation statement made on 4 March 2023 with no updates
Satisfaction of charge SC4991340001 in full
Satisfaction of charge SC4991340002 in full
Satisfaction of charge SC4991340003 in full
Satisfaction of charge SC4991340004 in full
Confirmation statement made on 4 March 2022 with no updates
Registration of charge SC4991340012, created on 20 May 2021
Change of details for Andersons of Grantfield Limited as a person with significant control on 17 May 2021
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