FB SHIPPING LIMITED
🌳Matureactive
05161386 · ltd · incorporated 2004-06-23
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
72/100
Strong
What this business does
Primary activity: Financial leasing
Sector: Financial & insurance
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 72/100 (strong), bankability 57/100. 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. 10 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
41 live charges · 10 lenders · oldest 21.3y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 21.3 years old — likely at or near maturity.
- · 10 lenders named — inter-creditor friction likely.
- · Legal-friction score 45/100 (high).
Data confidence
Overall: medium (60/100)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
No iXBRL financials extracted
0
Lenders & charges
41 charges (41/41 with lender, 41/41 with type)
90
Directors & officers
18 officers (3 active, 18 linked, 14 with DOB)
86
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
172 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
75
Strong succession / seller-readiness signals.
Risk profile
66
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 accounts
Last 180 days
2
filings
- • 1 accounts
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (124 events)Click to expand
- 2026-03-20📄accounts-with-accounts-type-smallaccounts · AA
- 2025-10-13📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-10-10📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-10-10📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-10-03📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-10-03📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-10-03📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-10-02📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-10-01🔒Charge registered #41Lender: Glas Trust Corporation Limited
- 2025-10-01🔒Charge registered #40Lender: Glas Trust Corporation Limited
- 2025-09-30➖THOM, Stuart Graham resigneddirector
- 2025-09-30🔒Charge registered #39Lender: Glas Trust Corporation Limited
- 2025-09-30🔒Charge registered #38Lender: Glas Trust Corporation Limited
- 2025-09-30🔒Charge registered #37Lender: Glas Trust Corporation Limited (Acting in Its Capacity as Security Agent for the Secured Parties)
- 2025-09-30🔒Charge registered #36Lender: Glas Trust Corporation Limited
- 2025-09-23📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-09-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-09-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-09-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-09-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-09-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-09-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-09-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-09-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-09-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-09-23🔓Charge satisfied #35
- 2025-09-23🔓Charge satisfied #34
- 2025-09-23🔓Charge satisfied #29
- 2025-09-23🔓Charge satisfied #28
- 2025-09-23🔓Charge satisfied #25
- 2025-09-23🔓Charge satisfied #24
- 2025-09-23🔓Charge satisfied #21
- 2025-09-23🔓Charge satisfied #20
- 2025-09-23🔓Charge satisfied #19
- 2025-09-17➕SCHOUTEN, Martijn appointeddirector
- 2025-03-31📄accounts-with-accounts-type-smallaccounts · AA
- 2024-02-13📄accounts-with-accounts-type-smallaccounts · AA
- 2023-06-27📄resolutionresolution · RESOLUTIONS
- 2023-06-15📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-06-12🔒Charge registered #35Lender: Abn Amro Bank N.V.
- 2023-06-12🔒Charge registered #34Lender: Abn Amro Bank N.V.
- 2023-06-01🔒Charge registered #33Lender: Glas Trust Corporation Limited
- 2023-06-01🔒Charge registered #32Lender: Glas Trust Corporation Limited
- 2023-06-01🔒Charge registered #31Lender: Glas Trust Corporation Limited
- 2023-06-01🔒Charge registered #30Lender: Glas Trust Corporation Limited
- 2021-05-03➕THOM, Stuart Graham appointeddirector
- 2021-04-30➖HARVIE, Craig resigneddirector
- 2019-01-28🔒Charge registered #29Lender: Glas Trust Corporation Limited
- 2019-01-28🔒Charge registered #28Lender: Glas Trust Corporation Limited
- 2017-09-12🔓Charge satisfied #18
Showing most recent 50 of 124 events
Owner dependency
66/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
Succession & seller-readiness
59/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 15 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
2 med · 1 low6 new charges in last 12 months
mediumHeavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.
Evidence: 2025-10-01: A registered charge; 2025-10-01: A registered charge; 2025-09-30: A registered charge
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
14 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Group structure
2 corporate shareholders identified. Group structure is distributed.
🏛️ultimate parent
Santander Equity Investments Limited
Corporate parent · holds 75-100% shares
🏛️
Vroon Shipping U.K. Limited
Corporate parent · board control
⬇
FB SHIPPING LIMITED
This company · 05161386
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
2 active beneficial owners · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Santander Equity Investments Limited Corporate entity | 75–100% | — | 75-100% shares | 24/04/2018 |
Vroon Shipping U.K. Limited Corporate entity | — | 75–100% | board control75-100% voting · board control | 06/04/2016 |
1 historic (ceased) PSC
- Santander Asset Finance Plcceased 24/04/2018· 75-100% shares
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 →Similar companies
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|---|---|---|---|---|---|---|---|
| A & R SHEEKEY LIMITED→ 07343715 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| A AND R MORTGAGE & PROTECTION SPECIALISTS LTD→ 15677835 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| A B S FINANCIAL LIMITED→ 15274291 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| A T & P INVESTMENTS LTD→ 13558183 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| A W FINANCIAL SERVICES LIMITED→ 04980133 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| AC FINANCE LIMITED→ 04074753 · est 2000 · no financials extracted | — | — | — | — | 25y | — | — |
| ACTIVE BUSINESS PROTECTION LIMITED→ 14535477 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ACTIVE FINANCIAL PLANNERS LIMITED→ 04039863 · est 2000 · no financials extracted | — | — | — | — | 25y | — | — |
| ACTIVE MORTGAGE SERVICES LIMITED→ 04600469 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| ADCOTT FINANCIAL LTD→ 13029750 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ADVANCED VEHICLE LEASING LIMITED→ 03444383 · est 1997 · no financials extracted | — | — | — | — | 28y | — | — |
| AFS FINANCIAL LIMITED→ 07176477 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2004-06-23
Jurisdictionengland-wales
Primary SIC64910 — Financial leasing
Registered office
Tobias House, St Mark's Court
Teesdale Business Park
Teesside
TS17 6QW
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-01-14
Last: 2025-12-31
Officers (3 active · 15 resigned)
ENDEAVOUR SECRETARY LIMITED→
Activecorporate-secretary · appointed 2011-11-17
View their other companies + combined net worth →
SCHOUTEN, Martijn→
Activedirector · ~51y · appointed 2025-09-17
View their other companies + combined net worth →
SHEACH, Graeme Paul→
Activedirector · ~60y · appointed 2011-11-17
View their other companies + combined net worth →
HAWKER, Richard Allen→
Resignedsecretary · appointed 2006-03-31 · resigned 2011-05-31
SINCLAIR-FORD, Ian Andrew→
Resignedsecretary · appointed 2004-06-23 · resigned 2006-03-31
ABBEY NATIONAL NOMINEES LIMITED→
Resignedcorporate-secretary · appointed 2011-05-31 · resigned 2011-11-17
BAARS, Johannes Petrus Nicolaas→
Resigneddirector · ~60y · appointed 2011-11-17 · resigned 2012-01-01
EVANS, Martin William→
Resigneddirector · ~62y · appointed 2004-06-23 · resigned 2011-11-17
FAULKNER, Geoffrey Arthur→
Resigneddirector · ~66y · appointed 2011-05-31 · resigned 2011-11-17
HARVIE, Craig→
Resigneddirector · ~59y · appointed 2016-06-01 · resigned 2021-04-30
JONES, Christopher Stanley→
Resigneddirector · ~58y · appointed 2007-01-01 · resigned 2009-05-16
MAANDAG, Evert Derk Engelbartus→
Resigneddirector · ~66y · appointed 2012-01-01 · resigned 2016-06-01
MORLEY, Colin Richard→
Resigneddirector · ~62y · appointed 2004-06-23 · resigned 2011-11-17
PATERSON, William Hamilton→
Resigneddirector · ~59y · appointed 2007-08-03 · resigned 2009-10-23
ROGERS, Malcolm Courtney→
Resigneddirector · ~68y · appointed 2008-04-01 · resigned 2008-11-25
SWANN, Andrew Blyth→
Resigneddirector · ~74y · appointed 2004-06-23 · resigned 2007-03-31
THOM, Stuart Graham→
Resigneddirector · ~64y · appointed 2021-05-03 · resigned 2025-09-30
TOWERS, Robert Leslie→
Resigneddirector · ~72y · appointed 2004-06-23 · resigned 2008-04-01
Click a director name to see their full track record across all companies.
Mortgages & charges
41
Total charges
14
Outstanding
3
Active lenders
Status:Lender:41 of 41 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Glas Trust Corporation Glas Trust Corporation Limited | A registered charge | 1 property | 01/10/2025 | — | |
| outstanding | Glas Trust Corporation Glas Trust Corporation Limited | A registered charge | 1 property | 01/10/2025 | — | |
| outstanding | Glas Trust Corporation Glas Trust Corporation Limited | A registered charge | — | 30/09/2025 | — | |
| outstanding | Glas Trust Corporation Glas Trust Corporation Limited | A registered charge | — | 30/09/2025 | — | |
| outstanding | Glas Trust Corporation (Acting in Its Capacity as Security Agent for the Secured Parties) Glas Trust Corporation Limited (Acting in Its Capacity as Security Agent for the Secured Parties) | A registered charge | — | 30/09/2025 | — | |
| outstanding | Glas Trust Corporation Glas Trust Corporation Limited | A registered charge | 1 property | 30/09/2025 | — | |
| satisfied | Abn Amro Bank N.V. | A registered charge | 1 property | 12/06/2023 | 23/09/2025 | |
| satisfied | Abn Amro Bank N.V. | A registered charge | 1 property | 12/06/2023 | 23/09/2025 | |
| outstanding | Glas Trust Corporation Glas Trust Corporation Limited | A registered charge | 1 property | 01/06/2023 | — | |
| outstanding | Glas Trust Corporation Glas Trust Corporation Limited | A registered charge | 1 property | 01/06/2023 | — | |
| outstanding | Glas Trust Corporation Glas Trust Corporation Limited | A registered charge | — | 01/06/2023 | — | |
| outstanding | Glas Trust Corporation Glas Trust Corporation Limited | A registered charge | — | 01/06/2023 | — | |
| satisfied | Glas Trust Corporation Glas Trust Corporation Limited | A registered charge | — | 28/01/2019 | 23/09/2025 | |
| satisfied | Glas Trust Corporation Glas Trust Corporation Limited | A registered charge | — | 28/01/2019 | 23/09/2025 | |
| outstanding | Santander Santander Asset Finance PLC | A registered charge | 1 property | 23/06/2015 | — | |
| outstanding | Santander Santander Asset Finance PLC | A registered charge | 1 property | 23/06/2015 | — | |
| satisfied | Abn Amro Bank N.V. | A registered charge | 1 property | 23/06/2015 | 23/09/2025 | |
| satisfied | Abn Amro Bank N.V. | A registered charge | 1 property | 23/06/2015 | 23/09/2025 | |
| outstanding | Santander Santander Asset Finance PLC | A registered charge | — | 23/06/2015 | — | |
| outstanding | Santander Santander Asset Finance PLC | A registered charge | — | 23/06/2015 | — | |
| satisfied | Abn Amro Bank N.V. | A registered charge | — | 23/06/2015 | 23/09/2025 | |
| satisfied | Abn Amro Bank N.V. | A registered charge | — | 23/06/2015 | 23/09/2025 | |
| satisfied | Abn Amro Bank N.V. | A registered charge | — | 23/06/2015 | 23/09/2025 | |
| satisfied | Santander Santander Asset Finance PLC (The Assignee) | Second priority three party deed | 1 property | 17/11/2011 | 12/09/2017 | |
| satisfied | Santander Santander Asset Finance PLC | Second preferred marshall islands mortgage | 1 property | 17/11/2011 | 12/09/2017 | |
| satisfied | Santander Santander Asset Finance PLC | Second preferred marshall islands ship mortgage | 1 property | 17/11/2011 | 12/09/2017 | |
| satisfied | Santander Santander Asset Finance PLC (The Assignee) | Second priority three party deed | 1 property | 17/11/2011 | 12/09/2017 | |
| satisfied | Santander Santander Asset Finance PLC (The Assignee) | Second priority three party deed | 1 property | 17/11/2011 | 12/09/2017 | |
| satisfied | Santander Santander Asset Finance PLC | Second preferred marshall islands ship mortgage | 1 property | 17/11/2011 | 12/09/2017 | |
| satisfied | Abn Amro Bank N.V. (The Security Trustee) | Lessor assignment | 1 property | 17/11/2011 | 12/09/2017 | |
| satisfied | Abn Amro Bank N.V. (The Security Trustee) | Lessor assignment | 1 property | 17/11/2011 | 12/09/2017 | |
| satisfied | Abn Amro Bank N.V. (The Security Trustee) | Lessor assignment | 1 property | 17/11/2011 | 12/09/2017 | |
| satisfied | Abn Amro Bank N.V. (The Security Trustee) | A first preferred marshall islands ship mortgage | 1 property | 17/11/2011 | 12/09/2017 | |
| satisfied | Abn Amro Bank N.V. the Security Trustee) | A first preferred marshall islands ship mortgage | 1 property | 17/11/2011 | 12/09/2017 | |
| satisfied | Abn Amro Bank N.V. (The Security Trustee) | A first preferred marshall islands ship mortgage | 1 property | 17/11/2011 | 12/09/2017 | |
| satisfied | Fortis Finance (UK) Fortis Finance (UK) Limited | A first preferred marshall islands mortgage | 1 property | 04/11/2005 | 08/10/2013 | |
| satisfied | Fortis Finance (UK) Fortis Finance (UK) Limited | First preferred marshall islands mortgage | 1 property | 20/10/2005 | 08/10/2013 | |
| satisfied | Fortis Finance (UK) Fortis Finance (UK) Limited | Lessor assignment and charge | 2 properties | 05/04/2005 | 08/10/2013 | |
| satisfied | Fortis Finance (UK) Fortis Finance (UK) Limited | Lessor assignment and charge | 2 properties | 05/04/2005 | 08/10/2013 | |
| satisfied | Fortis Finance (UK) (the Mortgagee) Fortis Finance (UK) Limited (the Mortgagee) | First preferred marshall islands mortgage | 1 property | 09/03/2005 | 08/10/2013 | |
| satisfied | Fortis Finance (UK) (the Assignee) Fortis Finance (UK) Limited (the Assignee) | Lessor assignment and charge | 4 properties | 07/03/2005 | 08/10/2013 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (172 total)
accounts-with-accounts-type-small
accounts · AA
2026-03-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-12
termination-director-company-with-name-termination-date
officers · TM01
2025-10-13
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-10-10
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-10-10
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-10-03
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-10-03
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-10-03
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-10-02
appoint-person-director-company-with-name-date
officers · AP01
2025-09-23
mortgage-satisfy-charge-full
mortgage · MR04
2025-09-23
mortgage-satisfy-charge-full
mortgage · MR04
2025-09-23
mortgage-satisfy-charge-full
mortgage · MR04
2025-09-23
mortgage-satisfy-charge-full
mortgage · MR04
2025-09-23
mortgage-satisfy-charge-full
mortgage · MR04
2025-09-23