BATTLEY MARINE LTD.
💤Zombieactive
01395430 · ltd · incorporated 1978-10-23
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 Mar 2025
Net worth
£59.4k
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: SIC 22110
Sector: Manufacturing
ALSO REGISTERED FOR
- 22190SIC 22190
- 30990SIC 30990
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 77/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
2 live charges · oldest 42.9y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 42.9 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 3 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
4 officers (1 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
105 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £59,419
Very low cash
Cash position: £18
Net assets shrinking
Down £7,241 YoY
Cash YoY
+0%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£18
~ YoY
Net Worth
£59k
↓ 11% YoY
Current Assets
£2k
↑ 1.8% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £59.6k | £66.9k |
| Current assets | £1.9k | £1.9k |
| Cash | £18 | £18 |
| Debtors | £-90 | £-124 |
| Net assets | £59.4k | £66.7k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
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
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
- 2025-12-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-06-04📄change-person-director-company-with-change-dateofficers · CH01
- 2025-06-04📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-06-04📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-04-03📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-04-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-04-01📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2025-02-04➖CROFTS, Mary Eleanor resignedsecretary
- 2025-02-04➖CROFTS, Mary Eleanor resigneddirector
- 2024-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-20📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-12-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-03-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-01-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2008-09-24➕CROFTS, Kirsti Louise appointeddirector
- 2008-04-21➖CROFTS, Brian Arthur resigneddirector
- 1990-09-24🔒Charge registered #2Lender: National Westminster Bank PLC
- 1983-08-19🔒Charge registered #1Lender: National Westminster Bank PLC
- 1978-10-23🏢Company incorporatedAs BATTLEY MARINE LTD.
Owner dependency
85/100
Critical — business is the founderThe 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.
- +Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
68/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 18 years.
- secondaryStable-but-static management: Company is 48 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Miss Kirsti Louise Crofts Individual · British · DOB 08/1973 · age 53 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
1 historic (ceased) PSC
- Mrs Mary Eleanor Croftsceased 04/02/2025· 25-50% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Manufacturing · NR postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A.R.M. MARITIME SERVICES LIMITED→ 09993085 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| ARCTIC PIPE SERVICES LTD→ 15003224 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AVMECH2 LTD→ 15532035 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| BAG-N-AGG LIMITED→ 09818714 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| BARRIER BIOTECH LIMITED→ 02493312 · est 1990 · no financials extracted | — | — | — | — | 35y | — | — |
| BARRIER HOLDINGS LIMITED→ 04116300 · est 2000 · no financials extracted | — | — | — | — | 25y | — | — |
| BATTERY MINERALS LTD→ 15495448 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| BAUWELLE LTD→ 16763850 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BDC SERVICES LTD→ 04936254 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| BDW ALUMINIUM LIMITED→ 15276069 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BEAR BAND X LTD→ 15795267 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BEARINGBOYS LTD→ 05900054 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
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.
See pricing →Company details
Statusactive
Typeltd
Incorporated1978-10-23
Jurisdictionengland-wales
Primary SIC22110 — SIC 22110
Registered office
East End House
Billingford
Dereham
NR20 4RA
England
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-17
Last: 2026-04-03
Officers (1 active · 3 resigned)
CROFTS, Kirsti Louise→
Activedirector · ~53y · appointed 2008-09-24
View their other companies + combined net worth →
CROFTS, Mary Eleanor→
Resignedsecretary · resigned 2025-02-04
CROFTS, Brian Arthur→
Resigneddirector · ~88y · resigned 2008-04-21
CROFTS, Mary Eleanor→
Resigneddirector · ~79y · resigned 2025-02-04
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | National Westminster Bank National Westminster Bank PLC | Mortgage debenture | 1 property | 24/09/1990 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 1 property | 19/08/1983 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (105 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-10
change-person-director-company-with-change-date
officers · CH01
2025-06-04
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-06-04
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-06-04
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-03
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-04-03
termination-director-company-with-name-termination-date
officers · TM01
2025-04-01
termination-secretary-company-with-name-termination-date
officers · TM02
2025-04-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-21
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-03