AQUA SPORTS YACHTING LIMITED
Opportunity 77/100 (strong), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).
Refinance opportunity
1 live charge · oldest 21.6y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 21.6 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £27.9k | — |
| Current assets | £4.8k | — |
| Cash | £3.6k | — |
| Debtors | £1.2k | — |
| Net assets | £16.2k | — |
| Average employees | — | 100 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
Corporate timeline (30 events)Click to expand
- 2025-10-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-15📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-10-15📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-10-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-29📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-01-29🔓Charge satisfied #1
- 2023-09-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-07-10📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-07-10📄withdrawal-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC09
- 2023-07-10📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-10-11📄change-person-director-company-with-change-dateofficers · CH01
- 2022-06-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-04-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-12-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-12-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-10-17📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-02-28➖WILLIAMS, Henry David resigneddirector
- 2018-12-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-12-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2008-04-01➕WILLIAMS, Henry David appointeddirector
- 2006-01-01➖SMITHSON, Samatha Anne Messervy resignedsecretary
- 2005-12-28➕WILLIAMS, Melanie appointedsecretary
- 2004-11-01🔒Charge registered #1Lender: Hsbc Bank PLC
- 2004-10-05🏢Company incorporatedAs AQUA SPORTS YACHTING LIMITED
- 2004-10-05➕WILLIAMS, Charles David William appointeddirector
- 2004-10-05➕SMITHSON, Samatha Anne Messervy appointedsecretary
- 2004-10-05➕WATERLOW SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 2004-10-05➖WATERLOW SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 2004-10-05➕WATERLOW NOMINEES LIMITED appointedcorporate-nominee-director
- 2004-10-05➖WATERLOW NOMINEES LIMITED resignedcorporate-nominee-director
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 22 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
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Melanie Jane Williams Individual · British · DOB 08/1976 · age 50 | 75–100% | — | 75-100% shares | 11/10/2024 |
1 historic (ceased) PSC
- Mr Charles David William Williamsceased 11/10/2024· 75-100% shares · board control
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.
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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 →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 (2 active · 4 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | HSBC Hsbc Bank PLC | Debenture | 1 property | 01/11/2004 | 29/01/2024 |