WINDCAT WORKBOATS LIMITED
Opportunity 74/100 (strong), bankability 57/100. Strong seller-intent signal (63/100, director aged 68). Biggest value-creation lever: Consolidate lender relationships. 9 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
Refinance opportunity
107 live charges · 9 lenders · oldest 21.2y
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 21.2 years old — likely at or near maturity.
- · 9 lenders named — inter-creditor friction likely.
- · Legal-friction score 45/100 (high).
Data confidence
Overall: medium (58/100)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.
Recent activity
- • 7 mortgage
- • 1 confirmation-statement
- • 7 mortgage
- • 1 confirmation-statement
- • 1 officers
Corporate timeline (240 events)Click to expand
- 2026-04-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-04-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-04-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-04-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-04-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-04-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-04-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-04-01🔒Charge registered #107Lender: Coöperatieve Rabobank U.A. as Security Agent
- 2026-04-01🔒Charge registered #106Lender: Coöperatieve Rabobank U.A. as Security Agent
- 2026-04-01🔒Charge registered #105Lender: Coöperatieve Rabobank U.A. as Security Agent
- 2026-04-01🔒Charge registered #104Lender: Coöperatieve Rabobank U.A. as Security Agent
- 2026-04-01🔒Charge registered #103Lender: Coöperatieve Rabobank U.A. as Security Agent
- 2026-04-01🔒Charge registered #102Lender: Coöperatieve Rabobank U.A. as Security Agent
- 2026-03-31🔒Charge registered #108Lender: Coöperatieve Rabobank U.A. as Security Agent
- 2026-02-20📄change-person-director-company-with-change-dateofficers · CH01
- 2025-10-02📄accounts-with-accounts-type-fullaccounts · AA
- 2025-01-17📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-01-17📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-01-17📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-01-17📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-01-17🔓Charge satisfied #101
- 2025-01-17🔓Charge satisfied #95
- 2025-01-17🔓Charge satisfied #90
- 2025-01-17🔓Charge satisfied #89
- 2024-10-04📄accounts-with-accounts-type-fullaccounts · AA
- 2023-07-26📄accounts-with-accounts-type-fullaccounts · AA
- 2022-07-28📄accounts-with-accounts-type-fullaccounts · AA
- 2021-12-02📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-12-02📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-12-02📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-12-02📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-12-01🔒Charge registered #101Lender: Kbc Bank Nv as Security Trustee
- 2021-12-01🔒Charge registered #100Lender: Kbc Bank Nv as Security Trustee
- 2021-12-01🔒Charge registered #99Lender: Kbc Bank Nv as Security Trustee
- 2021-12-01🔒Charge registered #98Lender: Kbc Bank Nv as Security Trustee
- 2021-12-01🔒Charge registered #97Lender: Kbc Bank Nv as Security Trustee
- 2021-12-01🔒Charge registered #96Lender: Kbc Bank Nv as Security Trustee
- 2021-12-01🔒Charge registered #95Lender: Kbc Bank Nv as Security Trustee
- 2021-12-01🔒Charge registered #94Lender: Kbc Bank Nv as Security Trustee
- 2021-12-01🔒Charge registered #93Lender: Kbc Bank Nv as Security Trustee
- 2021-07-23🔓Charge satisfied #83
- 2021-07-23🔓Charge satisfied #81
- 2021-07-23🔓Charge satisfied #80
- 2021-07-23🔓Charge satisfied #78
- 2021-07-23🔓Charge satisfied #77
- 2021-07-23🔓Charge satisfied #74
- 2021-07-23🔓Charge satisfied #73
- 2021-07-23🔓Charge satisfied #71
- 2021-07-23🔓Charge satisfied #70
- 2021-06-24🔒Charge registered #84Lender: Kbc Bank Nv as Security Trustee
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- -5 active directors: Broader management team in place — suggests transferable governance.
- +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 68 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
- primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 24 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 med · 1 lowHeavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.
Evidence: 2026-04-01: A registered charge; 2026-04-01: A registered charge; 2026-04-01: A registered charge
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.
Group structure
Windcat Workboats Holdings Limited 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 |
|---|---|---|---|---|
Windcat Workboats Holdings Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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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 (6 active · 10 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Coöperatieve Rabobank U.A. as Security Agent | A registered charge | 1 property | 01/04/2026 | — | |
| outstanding | Coöperatieve Rabobank U.A. as Security Agent | A registered charge | 1 property | 01/04/2026 | — | |
| outstanding | Coöperatieve Rabobank U.A. as Security Agent | A registered charge | 1 property | 01/04/2026 | — | |
| outstanding | Coöperatieve Rabobank U.A. as Security Agent | A registered charge | 1 property | 01/04/2026 | — | |
| outstanding | Coöperatieve Rabobank U.A. as Security Agent | A registered charge | 1 property | 01/04/2026 | — | |
| outstanding | Coöperatieve Rabobank U.A. as Security Agent | A registered charge | 1 property | 01/04/2026 | — | |
| outstanding | Coöperatieve Rabobank U.A. as Security Agent | A registered charge | — | 31/03/2026 | — | |
| satisfied | Kbc Bank Nv as Security Trustee | A registered charge | 1 property | 01/12/2021 | 17/01/2025 | |
| outstanding | Kbc Bank Nv as Security Trustee | A registered charge | 1 property | 01/12/2021 | — | |
| outstanding | Kbc Bank Nv as Security Trustee | A registered charge | 1 property | 01/12/2021 | — | |
| outstanding | Kbc Bank Nv as Security Trustee | A registered charge | 1 property | 01/12/2021 | — | |
| outstanding | Kbc Bank Nv as Security Trustee | A registered charge | 1 property | 01/12/2021 | — | |
| outstanding | Kbc Bank Nv as Security Trustee | A registered charge | 1 property | 01/12/2021 | — | |
| satisfied | Kbc Bank Nv as Security Trustee | A registered charge | 1 property | 01/12/2021 | 17/01/2025 | |
| outstanding | Kbc Bank Nv as Security Trustee | A registered charge | — | 01/12/2021 | — | |
| outstanding | Kbc Bank Nv as Security Trustee | A registered charge | 1 property | 01/12/2021 | — | |
| outstanding | Kbc Bank Nv as Security Trustee | A registered charge | — | 24/06/2021 | — | |
| outstanding | Kbc Bank Nv as Security Trustee | A registered charge | 1 property | 23/06/2021 | — | |
| outstanding | Kbc Bank Nv as Security Trustee | A registered charge | 1 property | 23/06/2021 | — | |
| satisfied | Kbc Bank Nv as Security Trustee | A registered charge | 1 property | 23/06/2021 | 17/01/2025 | |
| satisfied | Kbc Bank Nv as Security Trustee | A registered charge | 1 property | 23/06/2021 | 17/01/2025 | |
| outstanding | Kbc Bank Nv as Security Trustee | A registered charge | 1 property | 23/06/2021 | — | |
| outstanding | Kbc Bank Nv as Security Trustee | A registered charge | 1 property | 23/06/2021 | — | |
| outstanding | Kbc Bank Nv as Security Trustee | A registered charge | 1 property | 23/06/2021 | — | |
| outstanding | Kbc Bank Nv as Security Trustee | A registered charge | 1 property | 23/06/2021 | — | |
| satisfied | Coöperatieve Rabobank U.A. | A registered charge | — | 26/05/2016 | 23/07/2021 | |
| satisfied | Coöperatieve Rabobank U.A. | A registered charge | 1 property | 26/05/2016 | 11/06/2021 | |
| satisfied | Coöperatieve Rabobank U.A. | A registered charge | 1 property | 26/05/2016 | 23/07/2021 | |
| satisfied | Coöperatieve Rabobank U.A. | A registered charge | 1 property | 26/05/2016 | 23/07/2021 | |
| satisfied | Coöperatieve Rabobank U.A. | A registered charge | 1 property | 26/05/2016 | 11/06/2021 | |
| satisfied | Coöperatieve Rabobank U.A. | A registered charge | 1 property | 26/05/2016 | 23/07/2021 | |
| satisfied | Coöperatieve Rabobank U.A. | A registered charge | 1 property | 26/05/2016 | 23/07/2021 | |
| satisfied | Coöperatieve Rabobank U.A. | A registered charge | 1 property | 26/05/2016 | 11/06/2021 | |
| satisfied | Coöperatieve Rabobank U.A. | A registered charge | 1 property | 26/05/2016 | 11/06/2021 | |
| satisfied | Coöperatieve Rabobank U.A. | A registered charge | 1 property | 26/05/2016 | 23/07/2021 | |
| satisfied | Coöperatieve Rabobank U.A. | A registered charge | 1 property | 26/05/2016 | 23/07/2021 | |
| satisfied | Coöperatieve Rabobank U.A. | A registered charge | 1 property | 26/05/2016 | 11/06/2021 | |
| satisfied | Coöperatieve Rabobank U.A. | A registered charge | 1 property | 26/05/2016 | 23/07/2021 | |
| satisfied | Coöperatieve Rabobank U.A. | A registered charge | 1 property | 26/05/2016 | 23/07/2021 | |
| satisfied | Coöperatieve Rabobank U.A. | A registered charge | 1 property | 26/05/2016 | 11/06/2021 | |
| satisfied | Cooperatieve Rabobank Velsen En Omstreken U.A. | A registered charge | 1 property | 09/10/2013 | 23/11/2020 | |
| satisfied | Cooperatieve Rabobank Velsen En Omstreken U.A. | A registered charge | 1 property | 09/10/2013 | 23/11/2020 | |
| satisfied | Cooperatieve Rabobank Velsen En Omstreken U.A. | A registered charge | 1 property | 09/10/2013 | 23/11/2020 | |
| satisfied | Cooperatieve Rabobank Velsen En Omstreken U.A. | A registered charge | 1 property | 09/10/2013 | 23/11/2020 | |
| satisfied | Cooperatieve Rabobank Velsen En Omstreken U.A. | A registered charge | 1 property | 09/10/2013 | 23/11/2020 | |
| satisfied | Cooperatieve Rabobank Velsen En Omstreken U.A. | A registered charge | 1 property | 09/10/2013 | 23/11/2020 | |
| satisfied | Cooperatieve Rabobank Velsen En Omstreken U.A. | A registered charge | 1 property | 09/10/2013 | 23/11/2020 | |
| satisfied | Cooperatieve Rabobank Velsen En Omstreken U.A. | A registered charge | 1 property | 09/10/2013 | 23/11/2020 | |
| satisfied | Cooperatieve Rabobank Velsen En Omstreken U.A. | A registered charge | 1 property | 09/10/2013 | 23/11/2020 | |
| satisfied | Cooperatieve Rabobank Velsen En Omstreken U.A. | A registered charge | 1 property | 09/10/2013 | 23/11/2020 | |
| satisfied | Cooperatieve Rabobank Velsen En Omstreken U.A. | A registered charge | 1 property | 09/10/2013 | 23/11/2020 | |
| satisfied | Cooperatieve Rabobank Velsen En Omstreken U.A. | A registered charge | 1 property | 09/10/2013 | 23/11/2020 | |
| satisfied | Cooperatieve Rabobank Velsen En Omstreken U.A. | A registered charge | 1 property | 09/10/2013 | 23/11/2020 | |
| satisfied | Cooperatieve Rabobank Velsen En Omstreken U.A. | A registered charge | 1 property | 09/10/2013 | 23/11/2020 | |
| satisfied | Cooperatieve Rabobank Velsen En Omstreken U.A. | A registered charge | 1 property | 07/10/2013 | 23/11/2020 | |
| satisfied | Cooperative Rabobank Velsen En Omstreken U.A. | Supplemental agreement | 1 property | 22/12/2011 | 23/11/2020 | |
| satisfied | Cooperative Rabobank Velsen En Omstreken U.A. | Supplemental agreement | 1 property | 22/12/2011 | 23/11/2020 | |
| satisfied | Cooperratieve Rabobank Velsen En Omstreken U.A. | Deed of covenant supplemental to the mortgage | 1 property | 06/07/2011 | 21/10/2013 | |
| satisfied | Cooperratieve Rabobank Velsen En Omstreken U.A. | Deed of covenant supplemental to the mortgage | 1 property | 06/07/2011 | 21/10/2013 | |
| satisfied | Cooperratieve Rabobank Velsen En Omstreken U.A. | Deed of covenant supplemental to the mortgage | 1 property | 06/07/2011 | 21/10/2013 | |
| satisfied | Cooperratieve Rabobank Velsen En Omstreken U.A. | Deed of covenant supplemental to the mortgage | 1 property | 06/07/2011 | 21/10/2013 | |
| satisfied | Cooperratieve Rabobank Velsen En Omstreken U.A. | Deed of covenant supplemental to the mortgage | 1 property | 06/07/2011 | 21/10/2013 | |
| satisfied | Cooperratieve Rabobank Velsen En Omstreken U.A. | Deed of covenant supplemental to the mortgage | 1 property | 06/07/2011 | 21/10/2013 | |
| satisfied | Cooperratieve Rabobank Velsen En Omstreken U.A. | Deed of covenant supplemental to the mortgage | 1 property | 06/07/2011 | 21/10/2013 | |
| satisfied | Cooperratieve Rabobank Velsen En Omstreken U.A. | Mortgage to secure account current | 1 property | 06/07/2011 | 21/10/2013 | |
| satisfied | Cooperratieve Rabobank Velsen En Omstreken U.A. | Mortgage to secure account current | 1 property | 06/07/2011 | 21/10/2013 | |
| satisfied | Cooperratieve Rabobank Velsen En Omstreken U.A. | Mortgage to secure account current | 1 property | 06/07/2011 | 21/10/2013 | |
| satisfied | Cooperratieve Rabobank Velsen En Omstreken U.A. | Mortgage to secure account current | 1 property | 06/07/2011 | 21/10/2013 | |
| satisfied | Cooperratieve Rabobank Velsen En Omstreken U.A. | Mortgage to secure account current | 1 property | 06/07/2011 | 21/10/2013 | |
| satisfied | Cooperratieve Rabobank Velsen En Omstreken U.A. | Mortgage to secure account current | 1 property | 06/07/2011 | 21/10/2013 | |
| satisfied | Cooperratieve Rabobank Velsen En Omstreken U.A. | Mortgage to secure account current | 1 property | 06/07/2011 | 21/10/2013 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | Deed of assignment of earnings and insurance | 1 property | 31/07/2009 | 15/10/2011 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | Deed of covenants | 1 property | 31/07/2009 | 15/10/2011 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | Mortgage of a ship | 1 property | 31/07/2009 | 15/10/2011 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | Mortgage of a ship | 1 property | 19/05/2009 | 13/12/2011 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | Deed of covenant | 1 property | 19/05/2009 | 13/12/2011 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | Deed of assignment of earnings and insurance | 1 property | 19/05/2009 | 13/12/2011 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | Deed of covenant | 1 property | 12/01/2009 | 15/10/2011 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | Mortgage of a ship | 1 property | 12/01/2009 | 15/10/2011 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | Deed of assignment of earnings and insurance | 1 property | 12/01/2009 | 15/10/2011 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | Mortgage of a ship | 1 property | 15/12/2008 | 15/10/2011 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | Deed of covenants | 1 property | 15/12/2008 | 15/10/2011 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | Deed of assignment of earnings and insurance | 1 property | 15/12/2008 | 15/10/2011 | |
| satisfied | Cooperatieve Rabobank Velsen En Omstreken U.A. | Deed of assignment relating to "windcat 12" | 1 property | 05/11/2008 | 23/11/2020 | |
| satisfied | Cooperatieve Rabobank Velsen En Omstreken U.A. | Deed of assignment relating to "windcat 11" | 1 property | 05/11/2008 | 23/11/2020 | |
| satisfied | Cooperatieve Rabobank Velsen En Omstreken U.A. | Deed of assignment relating to "windcat 10" | 1 property | 05/11/2008 | 23/11/2020 | |
| satisfied | Cooperatieve Rabobank Velsen En Omstreken U.A. | Deed of assignment relating to "windcat 9" | 1 property | 05/11/2008 | 23/11/2020 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | Mortgage of a ship | 1 property | 16/09/2008 | 15/10/2011 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | Deed of assignment of earnings and insurance | 1 property | 16/09/2008 | 15/10/2011 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | Deed of covenant | 1 property | 16/09/2008 | 15/10/2011 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | Deed of assignment of earnings and insurance | 1 property | 02/09/2008 | 15/10/2011 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | Deed of assignment of earnings and insurance | 1 property | 02/09/2008 | 15/10/2011 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | Deed of covenant | 1 property | 02/09/2008 | 15/10/2011 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | Mortgage of a ship | 1 property | 02/09/2008 | 15/10/2011 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | Deed of covenant | 1 property | 02/09/2008 | 15/10/2011 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | Mortgage of a ship | 1 property | 02/09/2008 | 15/10/2011 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | Deed of assignment of earnings and insurance | 2 properties | 05/08/2008 | 15/10/2011 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | Deed of assignment of earnings and insurance | 2 properties | 05/08/2008 | 15/10/2011 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | Deed of covenant | 1 property | 05/08/2008 | 15/10/2011 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | Deed of covenant | 1 property | 05/08/2008 | 15/10/2011 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | Mortgage of a ship | 1 property | 05/08/2008 | 15/10/2011 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | Mortgage of a ship | 1 property | 05/08/2008 | 15/10/2011 | |
| satisfied | Capital Bank Capital Bank PLC | Deed of assignment of earnings & insurance | 1 property | 20/07/2007 | 13/12/2011 | |
| satisfied | Capital Bank Capital Bank PLC | Mortgage | 1 property | 20/04/2006 | 15/10/2011 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Debenture | 1 property | 13/03/2006 | 21/12/2011 | |
| satisfied | Capital Bank Capital Bank PLC | Deed of mortgage | 1 property | 11/07/2005 | 13/12/2011 | |
| satisfied | Capital Bank Capital Bank PLC | Deed of mortgage | 1 property | 31/03/2005 | 13/12/2011 |