OCEALA LIMITED

🌳Matureactive

01669351 · ltd · incorporated 1982-10-05

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

—

Upgrade to see

Turnover

—

not disclosed

Net worth

—

book net assets

Opportunity

74/100

Strong

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What this business does

Primary activity: SIC 38110

Sector: Water supply & waste

ALSO REGISTERED FOR

38320SIC 38320

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

Opportunity 74/100 (strong), bankability 77/100. Strong seller-intent signal (60/100, director aged 63). Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

4 live charges · 3 lenders · oldest 13.1y

35/100

too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

· Oldest live charge is 13.1 years old — likely at or near maturity.
· 3 lenders named — inter-creditor friction likely.
· Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (61/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile

address, 2 SIC codes, incorporation date

100

Financials

No iXBRL financials extracted

Lenders & charges

4 charges (4/4 with lender, 4/4 with type)

Directors & officers

13 officers (5 active, 13 linked, 11 with DOB)

Ownership & PSC

1 active PSC(s) of 2 total, 2 with control declared

Director network

20 connected companies via shared directors

Filing history

176 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

74/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Some moderate concerns — review flags.

Signal strength

100

Good data coverage for analysis.

Recent activity

Last 30 days

filing

• 1 confirmation-statement

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filings

• 2 accounts
• 2 other
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (49 events)Click to expand

2025-12-15
📄
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2025-12-15
📄
legacy
accounts · PARENT_ACC
2025-12-15
📄
legacy
other · GUARANTEE2
2025-12-15
📄
legacy
other · AGREEMENT2
2025-10-20
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-10-20
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-05-12
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-05-12
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-05-12
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2025-05-01
➕
VINCENT, Philip James appointed
director
2025-05-01
➖
SULLIVAN, John Terrence resigned
secretary
2025-05-01
➖
SULLIVAN, John Terrence resigned
director
2024-10-16
📄
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2024-10-16
📄
legacy
accounts · PARENT_ACC
2024-10-16
📄
legacy
other · AGREEMENT2
2024-10-16
📄
legacy
other · GUARANTEE2
2023-12-08
📄
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2023-12-08
⚠️
legacy
insolvency · CAP-SS
2023-12-08
📄
resolution
resolution · RESOLUTIONS
2023-12-08
📄
legacy
capital · SH20
2023-12-01
📄
mortgage-satisfy-charge-full
mortgage · MR04
2023-12-01
🔓
Charge satisfied #4
2023-11-22
📄
accounts-with-accounts-type-full
accounts · AA
2023-02-27
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-02-21
➕
WAKELEY, Guy Richard appointed
director
2022-11-18
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-11-10
🔓
Charge satisfied #3
2022-11-09
🔒
Charge registered #4
Lender: Kroll Trustee Services Limited
2021-12-22
🔓
Charge satisfied #2
2021-12-21
➕
COX, Paul Anthony appointed
director
2021-12-21
➕
SULLIVAN, John Terrence appointed
secretary
2021-12-21
➖
WOOLLEY, Maxine resigned
secretary
2021-12-21
➖
CORSER, Corinne resigned
director
2021-12-21
➖
SCOULAR, Tracy resigned
director
2021-12-21
➖
SMITH, Martin resigned
director
2021-12-21
➕
SULLIVAN, John Terrence appointed
director
2021-12-21
➖
WOOLLEY, Maxine resigned
director
2021-12-20
🔒
Charge registered #3
Lender: Lloyds Bank PLC
2021-02-23
🔓
Charge satisfied #1
2014-08-05
🔒
Charge registered #2
Lender: Lloyds Bank PLC
2013-04-30
🔒
Charge registered #1
Lender: George Albert Edward Smith
2005-11-07
➕
CULLEN, Georgina appointed
director
2005-11-07
➕
CORSER, Corinne appointed
director
2005-11-07
➕
SCOULAR, Tracy appointed
director
1998-03-30
➖
SMITH, George Albert Edward resigned
director
1996-07-31
➕
SMITH, Mark appointed
director
1996-07-31
➕
SMITH, Martin appointed
director
1996-07-31
➕
WOOLLEY, Maxine appointed
director
1982-10-05
🏢
Company incorporated
As OCEALA LIMITED

Owner dependency

58/100

Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS

-5 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 30 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

70/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
primary20+ year tenure: Director in role 30 years. Very long tenure is a classic succession signal.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 high · 1 med ·

1 insolvency-related filing on record

high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2023-12-08: legacy

Charge satisfaction-then-recreation pattern

medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

G.A.E. Smith (Holdings) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

G.A.E. Smith (Holdings) Limited

Corporate parent · holds 75-100% shares · board control

ultimate parent

⬇

OCEALA LIMITED

This company · 01669351

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
G.A.E. Smith (Holdings) Limited Corporate entity	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	14/10/2025

1 historic (ceased) PSC

Gae Smith Group Limitedceased 14/10/2025· 75-100% shares · 75-100% voting · board control

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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C & M WASTE MANAGEMENT LIMITED→ 06220059 · est 2007 · no financials extracted	—	—	—	—	18y	—	—
ENVEO ASTON LTD→ 14532050 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
EUROKEY HOLDINGS LIMITED→ 12345363 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
J D METALS LIMITED→ 06574499 · est 2008 · no financials extracted	—	—	—	—	17y	—	—
J HINGLEY UTILITIES LTD→ 17007242 · est 2026 · no financials extracted	—	—	—	—	—	—	—
NEWPORT RECYCLING LIMITED→ 02800814 · est 1993 · no financials extracted	—	—	—	—	33y	—	—
POTTERS (MIDLANDS) LIMITED→ 10841427 · est 2017 · no financials extracted	—	—	—	—	8y	—	—
PRISMM LIMITED→ 03924303 · est 2000 · no financials extracted	—	—	—	—	26y	—	—

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.

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🔒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

Incorporated1982-10-05

Jurisdictionengland-wales

Primary SIC38110 — SIC 38110

Registered office

Kelsall House

Stafford Park 1

Telford

TF3 3BD

England

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2027-05-30

Last: 2026-05-16