APEKS MARINE EQUIPMENT LIMITED
Opportunity 77/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
Refinance opportunity
9 live charges · 6 lenders · oldest 38.4y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 38.4 years old — likely at or near maturity.
- · 6 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (70/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 101Key financials
1 year extracted from filed iXBRL accountsFinancials
Extracted from Companies House accounts · FRS 101| Metric | 2024-12-29 |
|---|---|
| Profit before tax | £-4.03M |
| Average employees | 137 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
2 signals 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 confirmation-statement
Corporate timeline (87 events)Click to expand
- 2025-12-22📄accounts-with-accounts-type-fullaccounts · AA
- 2025-12-11📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-12-11🔓Charge satisfied #4
- 2025-09-29📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2025-08-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-07-25🔒Charge registered #9Lender: Head Sport Holdings N.V as Secured Party and Head Sport Holdings N.V. as First Ranking Secured Party
- 2025-07-24📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-07-24📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-07-17➕SKROBANEK, Gerald appointeddirector
- 2025-07-17➖ROUSSELET, Luc resigneddirector
- 2025-05-16📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-05-14➖ROSSER, Mark Eric resigneddirector
- 2025-02-13📄accounts-with-accounts-type-mediumaccounts · AA
- 2024-12-25📄gazette-filings-brought-up-to-dategazette · DISS40
- 2024-12-24📄gazette-notice-compulsorygazette · GAZ1
- 2024-12-23📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-12-23📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-12-23📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-03-13📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-03-09📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-03-06➖HILL, Darren Michael resigneddirector
- 2024-03-04➕ROSSER, Mark Eric appointeddirector
- 2024-01-10📄accounts-with-accounts-type-mediumaccounts · AA
- 2023-12-31📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-12-29➖GLEAVE, Joseph resigneddirector
- 2023-12-14📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-12-14📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-12-14🔓Charge satisfied #6
- 2023-12-14🔓Charge satisfied #5
- 2023-12-08📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-12-07🔒Charge registered #8Lender: Glas Sas
- 2023-07-07📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-07-06📄change-person-director-company-with-change-dateofficers · CH01
- 2023-06-22➖COELHO, Pedro resigneddirector
- 2023-06-22➕HILL, Darren Michael appointeddirector
- 2023-04-17➕COELHO, Pedro appointeddirector
- 2023-04-17➕GLEAVE, Joseph appointeddirector
- 2023-04-17➕ROUSSELET, Luc appointeddirector
- 2023-03-29➖PROCTOR, Dominic Alain resignedsecretary
- 2023-03-29➖PROCTOR, Dominic Alain resigneddirector
- 2023-03-23🔒Charge registered #7Lender: Hsbc UK Bank PLC
- 2022-12-14🔒Charge registered #6Lender: Ing Bank N.V., London Branch
- 2022-07-15➖LEFRANC, Eric Etienne Georges Leon resigneddirector
- 2022-01-14➖DUDON, Arnaud resigneddirector
- 2021-02-08➕LEFRANC, Eric Etienne Georges Leon appointeddirector
- 2021-01-31➖KENCH, Angelika resigneddirector
- 2020-12-01➖HELSBY, Landon resignedsecretary
- 2020-12-01➕PROCTOR, Dominic Alain appointedsecretary
- 2020-12-01➕DUDON, Arnaud appointeddirector
- 2020-12-01➖HELSBY, Landon resigneddirector
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.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
1 med ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Aqualung International is the ultimate parent — holding 75%+ shares. This company sits inside their group.
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Aqualung International Corporate entity | 75–100% | — | board control75-100% shares · board control · firm interest | 07/12/2023 |
2 historic (ceased) PSCs
- Mpe (General Partner V) Limitedceased 07/12/2023· 75-100% shares · 75-100% voting
- Montagu Private Equity Llpceased 07/12/2023· 75-100% shares · 75-100% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Manufacturing · BB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A TO Z CATERING EQUIPMENTS LIMITED→ 13477837 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| A-ONE KITCHENS AND BEDROOMS LTD→ 10789270 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| A.T.F. (TEXTILES) LIMITED→ 05427290 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| ADVANIA GLOBAL LTD→ 12619060 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| AGENDA BOXES & PACKAGING LTD→ 09479373 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| ANGEL CANDLE COMPANY LTD→ 10912207 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| APEX UN LIMITED→ 10641678 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| APPLIANCE TESTING SERVICES LIMITED→ 16934747 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| APT CONTROLS LIMITED→ 11392699 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| APT PRODUCTIONS LIMITED→ 13524236 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ARCHITECTURAL FIBREGLASS MOULDINGS LIMITED→ 04979363 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| ARCOL ENGINEERING LIMITED→ 05642582 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
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 →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 · 26 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Head Sport Holdings N.V as Secured Party and Head Sport Holdings N.V. as First Ranking Secured Party | A registered charge | 1 property | 25/07/2025 | — | |
| outstanding | Glas Sas | A registered charge | 1 property | 07/12/2023 | — | |
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 23/03/2023 | — | |
| satisfied | Ing Bank N.V., London Branch | A registered charge | — | 14/12/2022 | 14/12/2023 | |
| satisfied | Ing Bank N.V., London Branch | A registered charge | 1 property | 24/05/2017 | 14/12/2023 | |
| satisfied | Citibank Europe Citibank Europe PLC | A registered charge | 1 property | 03/01/2017 | 11/12/2025 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Legal charge | 2 properties | 16/02/1996 | 04/11/2016 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Charge of building licence agreement | 1 property | 04/07/1995 | 04/11/2016 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Debenture | 1 property | 11/02/1988 | 04/11/2016 |