TIDEWATER MARINE NORTH SEA LIMITED
Opportunity 46/100 (watch), bankability 32/100. Strong seller-intent signal (78/100, director aged 76). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 16 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: asset disposal / carve-out (55/100). Current lenders should be on monthly review.
Refinance opportunity
91 live charges · 16 lenders · oldest 89.9y
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 89.9 years old — likely at or near maturity.
- · 16 lenders named — inter-creditor friction likely.
- · Legal-friction score 75/100 (specialist).
Data confidence
Overall: low (47/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.
Recent activity
Corporate timeline (263 events)Click to expand
- 2016-06-03⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2016-06-03🏁Company dissolved
- 2016-03-03⚠️liquidation-voluntary-creditors-return-of-final-meetinginsolvency · 4.72
- 2015-12-09⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2015-01-07⚠️liquidation-court-order-miscellaneousinsolvency · LIQ MISC OC
- 2015-01-07⚠️liquidation-voluntary-cease-to-act-as-liquidatorinsolvency · 4.40
- 2013-11-27⚠️liquidation-in-administration-progress-report-with-brought-down-dateinsolvency · 2.24B
- 2013-11-22⚠️liquidation-voluntary-appointment-of-liquidatorinsolvency · 600
- 2013-11-15⚠️liquidation-in-administration-move-to-creditors-voluntary-liquidationinsolvency · 2.34B
- 2013-09-27⚠️liquidation-in-administration-result-creditors-meetinginsolvency · 2.23B
- 2013-09-11⚠️liquidation-in-administration-statement-of-affairs-with-form-attachedinsolvency · 2.16B
- 2013-09-11⚠️liquidation-in-administration-proposalsinsolvency · 2.17B
- 2013-07-24📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2013-07-23⚠️liquidation-in-administration-appointment-of-administratorinsolvency · 2.12B
- 2013-07-08📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-07-08📄change-person-director-company-with-change-dateofficers · CH01
- 2013-01-31📄termination-director-company-with-nameofficers · TM01
- 2013-01-31📄termination-director-company-with-nameofficers · TM01
- 2013-01-29➖FANNING, Quinn Paul resigneddirector
- 2013-01-29➖PLATT, Jeffrey Michael resigneddirector
- 2012-08-07➕PLATT, Jeffrey Michael appointeddirector
- 2012-08-07➖TAYLOR, Dean Edward resigneddirector
- 2012-08-07📄appoint-person-director-company-with-nameofficers · AP01
- 2012-08-07📄termination-director-company-with-nameofficers · TM01
- 2012-07-18📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-04-18📄gazette-filings-brought-up-to-dategazette · DISS40
- 2012-04-17📄accounts-with-accounts-type-fullaccounts · AA
- 2012-04-10📄gazette-notice-compulsarygazette · GAZ1
- 2011-09-08📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-08-25📄termination-director-company-with-nameofficers · TM01
- 2011-06-30➖DICK, Stephen Wallace resigneddirector
- 2011-06-22➕TURCAN CONNELL COMPANY SECRETARIES LIMITED appointedcorporate-secretary
- 2011-06-22➖BELL & SCOTT (SECRETARIAL SERVICES) LIMITED resignedcorporate-secretary
- 2008-12-31➕FANNING, Quinn Paul appointeddirector
- 2008-12-31➖LOUSTEAU, Joseph Keith resigneddirector
- 2007-06-29➖LABORDE, Cliffe Floyd resignedsecretary
- 2007-04-01➕CAMBRE, Clay appointedsecretary
- 2007-04-01➖GOLDBLATT, Michael Lee resignedsecretary
- 2006-05-31➖DONNELLY, James Harkness resignedsecretary
- 2004-08-13➖JAYNES III, Porter Kennedy resigneddirector
- 2004-08-12➕HART, Richard appointeddirector
- 2004-05-18➕BELL & SCOTT (SECRETARIAL SERVICES) LIMITED appointedcorporate-secretary
- 2004-04-30➖DAVIDSON CHALMERS (SECRETARIAL SERVICES) LIMITED resignedcorporate-secretary
- 2004-01-08➕DAVIDSON CHALMERS (SECRETARIAL SERVICES) LIMITED appointedcorporate-secretary
- 2003-11-05➖HARKNESS, James Alan resignedsecretary
- 2002-12-13➖DONNELLY, James Harkness resigneddirector
- 2002-12-13➕JAYNES III, Porter Kennedy appointeddirector
- 2002-03-31➖HART, Richard resigneddirector
- 2002-03-31➖O'MALLEY, William Charles resigneddirector
- 2001-10-01➕HARKNESS, James Alan appointedsecretary
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.
- +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 76 — succession pressure is live.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 70+: Senior director is approximately 76 years old. Natural succession window is now.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 55 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
2 high · 1 med · 1 lowCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2016-06-03
Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2016-06-03: gazette-dissolved-liquidation; 2016-03-03: liquidation-voluntary-creditors-return-of-final-meeting
Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.
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12 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 (0 active · 31 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A second preferred panamanian mortgage over M.V."oil benue" | 1 property | 10/09/1993 | 19/06/1997 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A general assignment supplemental to the second preferred panamanian mortgage of even date | 2 properties | 10/09/1993 | 19/06/1997 | |
| satisfied | The Secretary of State for Trade and Industry | A first preferred panamanian mortgage over M.V."oil benue" | 2 properties | 10/09/1993 | 19/06/1997 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A contract assignment | 1 property | 10/09/1993 | 19/06/1997 | |
| satisfied | Secretary of State for Trade and Industry | A shipowners agreement | 1 property | 10/09/1993 | 19/06/1997 | |
| satisfied | Secretary of State for Trade and Industry | A first preferred panamanian mortgage over M.V."oil razee" | 1 property | 27/08/1993 | 18/03/1997 | |
| satisfied | The Secretary of State for Trade and Industry | First preferred panamanian mortgage | 1 property | 27/08/1993 | 19/06/1997 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A second preferred panamanian mortgage over M.V."oil randan" | 1 property | 27/08/1993 | 19/06/1997 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | Second preferred panamanian mortgage | 1 property | 27/08/1993 | 11/04/1997 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A general assignment | 2 properties | 27/08/1993 | 11/04/1997 | |
| satisfied | Secretary of State for Trade and Industry | A shipowners agreement | 1 property | 27/08/1993 | 11/04/1997 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A contract assignment | 2 properties | 27/08/1993 | 11/04/1997 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A general assignment | 2 properties | 27/08/1993 | 19/06/1997 | |
| satisfied | Secretary of State for Trade and Industry | A shipowners agreement | 1 property | 27/08/1993 | 19/06/1997 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A contract assignment | 2 properties | 27/08/1993 | 19/06/1997 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A second preferred panamanian mortgage over "oil benin" | 1 property | 05/08/1993 | 19/06/1997 | |
| satisfied | The Secretary of State for Trade and Industry | A shipowners agreement | 1 property | 05/08/1993 | 19/06/1997 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A contract assignment | 2 properties | 05/08/1993 | 19/06/1997 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A general assignmentt | 1 property | 05/08/1993 | 19/06/1997 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A second preferred panamanian mortgage over "oil B0NNY" | 1 property | 28/05/1993 | 19/06/1997 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A second preferred panamanian mortgage over "oil orashi" | 1 property | 28/05/1993 | 19/06/1997 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A second preferred panamanian mortgage over "oil bonny" | 1 property | 28/05/1993 | 19/06/1997 | |
| satisfied | Secretary of State for Trade and Industry | A first preferred panamanian mortgage over "oil bonny" | 1 property | 28/05/1993 | 19/06/1997 | |
| satisfied | The Secretary of State for Trade and Industry | First preferred panamanian mortgage | 1 property | 28/05/1993 | 19/06/1997 | |
| satisfied | The Secretary of State for Trade and Industry | A first preferred panamanian mortgage | 1 property | 28/05/1993 | 19/06/1997 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | General assignment | 1 property | 28/05/1993 | 19/06/1997 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | General assignment | 1 property | 28/05/1993 | 19/06/1997 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | General assignment | 1 property | 28/05/1993 | 19/06/1997 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A second preferred panamanian mortgage | 1 property | 28/05/1993 | 19/06/1997 | |
| satisfied | Secretary of State for Trade and Industrya | Shipowners agreement | 1 property | 28/05/1993 | 19/06/1997 | |
| satisfied | Secretary of State for Trade and Industry | Shipowners agreement | 1 property | 28/05/1993 | 19/06/1997 | |
| satisfied | Secretary of State for Trade and Industry | Shipowners agreement | 1 property | 28/05/1993 | 19/06/1997 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | Contract assignmentt | 1 property | 28/05/1993 | 19/06/1997 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | Contract assignment | 1 property | 28/05/1993 | 19/06/1997 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | General assignmentt | 1 property | 28/05/1993 | 19/06/1997 | |
| satisfied | Secretary of State for Trade and Industry | Shipowners agreement | 1 property | 28/05/1993 | 19/06/1997 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | Second preferred panamanian mortgage | 1 property | 28/05/1993 | 19/06/1997 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | Contract assignment | 1 property | 28/05/1993 | 19/06/1997 | |
| satisfied | The Secretary of State of Trade and Industry | A first preferred panamanian mortgage | 1 property | 28/05/1993 | 19/06/1997 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | Contract assignment | 1 property | 28/05/1993 | 19/06/1997 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | Contract assignment | 1 property | 28/05/1993 | 19/06/1997 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | Deed of covenant | 1 property | 11/02/1992 | 30/09/1994 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | Second priority statutory mortgage | 1 property | 11/02/1992 | 30/09/1994 | |
| satisfied | The Secretary of State for Trade and Industry | First priority statutory mortgage | 1 property | 11/02/1992 | 30/09/1994 | |
| satisfied | The Secretary of State for Trade and Industry | Shipowners agreement | 1 property | 11/02/1992 | 23/12/1995 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | Deed of covenant | 1 property | 18/11/1991 | 30/09/1994 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | Second priority statutory mortgage | 1 property | 18/11/1991 | 30/09/1994 | |
| satisfied | The Secretary of State for Trade and Industry | First priority statutory mortgage | 1 property | 18/11/1991 | 30/09/1994 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | Deed of covenant | 1 property | 18/11/1991 | 30/09/1994 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | Second priority statutory mortgage | 1 property | 18/11/1991 | 30/09/1994 | |
| satisfied | The Secretary of State for Trade and Industry | First priority statutory mortgage | 1 property | 18/11/1991 | 30/09/1994 | |
| satisfied | The Secretary of State for Trade and Industry | Shipowners agreement | 1 property | 18/11/1991 | 23/12/1995 | |
| satisfied | The Secretary of State for Trade and Industry | Shipowners agreement | 1 property | 18/11/1991 | 23/12/1995 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | Deed of covenant | 1 property | 14/11/1991 | 30/09/1994 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | Second priority statutory mortgage | 1 property | 14/11/1991 | 30/09/1994 | |
| satisfied | The Secretary of State for Trade and Industry | First priority statutory mortgage | 1 property | 14/11/1991 | 30/09/1994 | |
| satisfied | The Secretary of State for Trade and Industry | Shipowners agreement | 1 property | 14/11/1991 | 23/12/1995 | |
| satisfied | Teh Secretary of State for Trade and Industry | Shipowners agreement | 1 property | 04/07/1986 | 27/09/1991 | |
| satisfied | Lloyds Banking Group Lloyds Merchant Bank Limited | Statutory mortgage | 1 property | 04/07/1986 | 27/09/1991 | |
| satisfied | Lloyds Banking Group Lloyds Merchant Bank Limited | Deed of covenant | 1 property | 04/07/1986 | 27/09/1991 | |
| satisfied | The Secretary of State for Trade and Industry | Shipowner's agreement | 1 property | 01/07/1986 | 27/09/1991 | |
| satisfied | Lloyds Banking Group Lloyds Merchant Bank Limited | Statutory mortgage | 1 property | 01/07/1986 | 27/09/1991 | |
| satisfied | Lloyds Banking Group Lloyds Merchant Bank Limited | Deed of covenant | 1 property | 01/07/1986 | 27/09/1991 | |
| satisfied | Lloyds Banking Group Lloyds Merchant Bank Limited | Deed of covenant | 1 property | 01/07/1986 | 27/09/1991 | |
| satisfied | Lloyds Banking Group Lloyds Merchant Bank Limited | Statutory mortgage | 1 property | 01/07/1986 | 27/09/1991 | |
| satisfied | Bank of America National Trust and Savings Association | First priority earnings assignment | 1 property | 18/11/1985 | 27/12/1990 | |
| satisfied | Bank of America National Trust and Savings Association | First preferred ship mortgage | 1 property | 18/11/1985 | 27/12/1990 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Letter of charge | 1 property | 05/11/1985 | 27/12/1990 | |
| satisfied | Bank of America Nt & Sa | Deed of covenant | 1 property | 07/02/1985 | 12/06/1992 | |
| satisfied | The British Linen Bank The British Linen Bank Limited | Mortgage deed. | 1 property | 28/06/1984 | 27/12/1990 | |
| satisfied | The British Linen Bank The British Linen Bank Limited | Deed of covenant | 2 properties | 28/06/1984 | 27/12/1990 | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Deed of covenant | 1 property | 14/09/1983 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Statutory mortgage | 1 property | 14/09/1983 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Statutory mortgage | 1 property | 19/07/1983 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Deed of covenant | 1 property | 10/07/1983 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | (B) deed of covenant | 1 property | 16/05/1983 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Statutory mortgage | 1 property | 16/05/1983 | — | |
| satisfied | Bank of America National Trust & Savings Association | First priority earnings assignment | 1 property | 15/04/1983 | 27/12/1990 | |
| satisfied | Bank of America National Trust & Saving Association | Ship mortgage | 1 property | 13/04/1983 | 27/12/1990 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Financial agreement | 1 property | 03/09/1982 | 24/06/1991 | |
| satisfied | Lloyds Banking Group The Governor and Company of Bank of Scotland | Financial agreement | 1 property | 03/09/1982 | 24/06/1991 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Financial agreement | 1 property | 03/09/1982 | 24/06/1991 | |
| satisfied | Bank of America National Trust & Saving Association | Assignment | 1 property | 07/05/1982 | 12/06/1992 | |
| satisfied | Bank of America National Trust & Saving Association | Assignment | 1 property | 07/05/1982 | 12/06/1992 | |
| satisfied | Algeme Bank Nederland N.V. | Deed of covenant | 1 property | 12/06/1981 | 27/12/1990 | |
| satisfied | Algeme Bank Nederland N.V. | Statutory mortgage | 1 property | 12/06/1981 | 27/12/1990 | |
| satisfied | Algeme Bank Nederland N.V. | Deed of covenant | 1 property | 12/06/1981 | 27/12/1990 | |
| satisfied | Algeme Bank Nederland N.V. | Statutory mortgage | 1 property | 12/06/1981 | 27/12/1990 | |
| satisfied | HSBC The Hong Kong and Shanghai Banking Corporation | Deed of covenant | 1 property | 02/11/1973 | 23/12/1995 | |
| satisfied | HSBC The Hong Kong and Shanghai Banking Corporation | Deed of covenant | 1 property | 02/11/1973 | 24/06/1991 | |
| satisfied | The Secretary of State for Trade and Industry | Shipowner's agreement | 1 property | 01/07/1936 | 27/09/1991 |