ABOVE BOARD MARINE LIMITED

💤Zombieactive
04776599 · ltd · incorporated 2003-05-23
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 May 2025
Net worth
book net assets
Opportunity
72/100
Strong
🔔
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What this business does
Primary activity: Other service activities n.e.c.
Sector: Other service activities
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 72/100 (strong), bankability 65/100. Strong seller-intent signal (78/100, director aged 65). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (75/100)

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

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
4 officers (2 active, 4 linked, 1 with DOB)
75
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
61 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£8k£15k£23k£31k£39kMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-05-312024-05-31
Total assets£30.4k
Current assets£38.6k
Cash£35.3k
Debtors£3.3k
Net assets£30.1k
Average employees2

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal 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
0
filings
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2025-11-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-10-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2024-10-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-11-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-12-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-01-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-03-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-10-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2019-10-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2018-10-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2017-11-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2017-06-30
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  13. 2017-06-30
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  14. 2016-09-20
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2016-06-20
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2015-09-30
    📄
    capital-allotment-shares
    capital · SH01
  17. 2003-05-23
    🏢
    Company incorporated
    As ABOVE BOARD MARINE LIMITED
  18. 2003-05-23
    WARREN, Claire Margaret appointed
    secretary
  19. 2003-05-23
    WARREN, Timothy Mark appointed
    director
  20. 2003-05-23
    LONDON LAW SECRETARIAL LIMITED appointed
    corporate-nominee-secretary
  21. 2003-05-23
    LONDON LAW SECRETARIAL LIMITED resigned
    corporate-nominee-secretary
  22. 2003-05-23
    LONDON LAW SERVICES LIMITED appointed
    corporate-nominee-director
  23. 2003-05-23
    LONDON LAW SERVICES LIMITED resigned
    corporate-nominee-director

Owner dependency

100/100
Critical — business is the founder

The 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 23 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 65 — succession pressure is live.

Succession & seller-readiness

90/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 23 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-06-06

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Timothy Mark Warren
Individual · British · DOB 10/1961 · age 65
5075%
50–75%50-75% shares · 50-75% voting06/04/2016
Mrs Claire Margaret Warren
Individual · British · DOB 10/1966 · age 60
2550%
25–50%25-50% shares · 25-50% voting06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

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 →
🔒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
Incorporated2003-05-23
Jurisdictionengland-wales
Primary SIC96090 — Other service activities n.e.c.

Registered office

Unit 1, St Stephens Court
15 - 17 St Stephens Road
Bournemouth
Dorset
BH2 6LA
United Kingdom

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-06-06OVERDUE
Last: 2025-05-23

Officers (2 active · 2 resigned)

WARREN, Claire Margaret
secretary · appointed 2003-05-23
View their other companies + combined net worth →
Active
WARREN, Timothy Mark
director · ~65y · appointed 2003-05-23
View their other companies + combined net worth →
Active
LONDON LAW SECRETARIAL LIMITED
corporate-nominee-secretary · appointed 2003-05-23 · resigned 2003-05-23
Resigned
LONDON LAW SERVICES LIMITED
corporate-nominee-director · appointed 2003-05-23 · resigned 2003-05-23
Resigned

Click a director name to see their full track record across all companies.

Recent filings (61 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-11
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-10-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-01-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-11
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-10-05
confirmation-statement-with-updates
confirmation-statement · CS01
2020-05-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-10-10