AQUA-MARINE INTERNATIONAL LIMITED

💤Zombieactive
05254029 · ltd · incorporated 2004-10-08
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
not disclosed
Net worth
book net assets
Opportunity
79/100
Strong
🔔
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What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pursue
Active trading company with a 66-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 85/100. Strong seller-intent signal (78/100, director aged 66). 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 (73/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 20.5y

30/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 20.5 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (57/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
14 officers (1 active, 14 linked, 7 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
97 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (48 events)Click to expand
  1. 2026-02-25
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2025-05-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2025-03-25
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2025-03-25
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  5. 2025-01-31
    MEAD, Laurence Peter appointed
    director
  6. 2025-01-31
    SMITH, Andrew Philip, Mr. resigned
    director
  7. 2024-07-01
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2022-11-11
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2022-07-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2021-09-21
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2020-11-29
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  12. 2020-11-25
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2020-08-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2020-07-20
    O'CONNOR, Jan Vincent resigned
    director
  15. 2020-07-20
    SMITH, Andrew Philip, Mr. appointed
    director
  16. 2019-12-10
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  17. 2019-09-13
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  18. 2019-09-09
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  19. 2019-07-31
    SEBBORN, Paul David resigned
    secretary
  20. 2019-06-26
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  21. 2018-06-26
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  22. 2015-12-07
    SEBBORN, Paul David appointed
    secretary
  23. 2015-07-15
    MCNEE, David Alexander resigned
    secretary
  24. 2013-08-05
    MCNEE, David Alexander appointed
    secretary
  25. 2013-08-05
    RAFFERTY, Kevin Michael resigned
    secretary
  26. 2013-03-31
    KEITH, Robert James resigned
    secretary
  27. 2013-03-31
    RAFFERTY, Kevin Michael appointed
    secretary
  28. 2013-03-31
    SHORT, John Dudley resigned
    director
  29. 2011-03-12
    🔓
    Charge satisfied #2
  30. 2010-11-12
    KEITH, Robert James appointed
    secretary
  31. 2010-11-12
    READ, Anthony resigned
    secretary
  32. 2010-06-01
    MUSSA, Marcus Tullius resigned
    director
  33. 2009-02-13
    🔒
    Charge registered #2
    Lender: Banque J. Safra (Monaco) S.A.
  34. 2008-09-02
    READ, Anthony appointed
    secretary
  35. 2008-09-02
    SHORT, John Dudley resigned
    secretary
  36. 2007-02-03
    🔓
    Charge satisfied #1
  37. 2006-10-18
    O'CONNOR, Jan Vincent appointed
    director
  38. 2006-01-13
    🔒
    Charge registered #1
    Lender: Hunter Inc
  39. 2005-12-13
    STEELE, Ivan resigned
    director
  40. 2005-02-28
    SHORT, John Dudley appointed
    secretary
  41. 2005-02-28
    PARKWOOD MANAGEMENT LIMITED resigned
    corporate-secretary
  42. 2004-12-17
    MUSSA, Marcus Tullius appointed
    director
  43. 2004-12-17
    STEELE, Ivan appointed
    director
  44. 2004-10-20
    SHORT, John Dudley appointed
    director
  45. 2004-10-20
    STEELE, Ivan resigned
    director
  46. 2004-10-08
    🏢
    Company incorporated
    As AQUA-MARINE INTERNATIONAL LIMITED
  47. 2004-10-08
    PARKWOOD MANAGEMENT LIMITED appointed
    corporate-secretary
  48. 2004-10-08
    STEELE, Ivan appointed
    director

Owner dependency

90/100
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.
  • +Founder age: Director aged approximately 66 — succession pressure is live.

Succession & seller-readiness

65/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Bainbridge International Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Bainbridge International Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
AQUA-MARINE INTERNATIONAL LIMITED
This company · 05254029

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%
NameSharesVoting rightsNature of controlNotified
Bainbridge International Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control01/10/2016

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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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
Incorporated2004-10-08
Jurisdictionengland-wales
Primary SIC99999 — SIC 99999

Registered office

8 Flanders Park
Hedge End
Southampton
Hampshire
SO30 2FZ

Filing status

Accounts
Next due: 2027-06-29
Last made up to: 2025-09-29
Confirmation statement
Next due: 2026-10-22
Last: 2025-10-08

Officers (1 active · 13 resigned)

MEAD, Laurence Peter
director · ~66y · appointed 2025-01-31
View their other companies + combined net worth →
Active
KEITH, Robert James
secretary · appointed 2010-11-12 · resigned 2013-03-31
Resigned
MCNEE, David Alexander
secretary · appointed 2013-08-05 · resigned 2015-07-15
Resigned
RAFFERTY, Kevin Michael
secretary · appointed 2013-03-31 · resigned 2013-08-05
Resigned
READ, Anthony
secretary · appointed 2008-09-02 · resigned 2010-11-12
Resigned
SEBBORN, Paul David
secretary · appointed 2015-12-07 · resigned 2019-07-31
Resigned
SHORT, John Dudley
secretary · appointed 2005-02-28 · resigned 2008-09-02
Resigned
PARKWOOD MANAGEMENT LIMITED
corporate-secretary · appointed 2004-10-08 · resigned 2005-02-28
Resigned
MUSSA, Marcus Tullius
director · ~77y · appointed 2004-12-17 · resigned 2010-06-01
Resigned
O'CONNOR, Jan Vincent
director · ~71y · appointed 2006-10-18 · resigned 2020-07-20
Resigned
SHORT, John Dudley
director · ~90y · appointed 2004-10-20 · resigned 2013-03-31
Resigned
SMITH, Andrew Philip, Mr.
director · ~70y · appointed 2020-07-20 · resigned 2025-01-31
Resigned
STEELE, Ivan
director · ~84y · appointed 2004-12-17 · resigned 2005-12-13
Resigned
STEELE, Ivan
director · ~84y · appointed 2004-10-08 · resigned 2004-10-20
Resigned

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

Mortgages & charges

2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
Banque J. Safra (Monaco) S.A.
Mortgage debenture1 property13/02/200912/03/2011
satisfied
Hunter
Hunter Inc
Mortgage debenture1 property13/01/200603/02/2007

Recent filings (97 total)

accounts-with-accounts-type-dormant
accounts · AA
2026-02-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-06
accounts-with-accounts-type-dormant
accounts · AA
2025-05-27
termination-director-company-with-name-termination-date
officers · TM01
2025-03-25
appoint-person-director-company-with-name-date
officers · AP01
2025-03-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-29
accounts-with-accounts-type-dormant
accounts · AA
2024-07-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-12
accounts-with-accounts-type-dormant
accounts · AA
2022-11-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-09
accounts-with-accounts-type-dormant
accounts · AA
2022-07-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-02
accounts-with-accounts-type-dormant
accounts · AA
2021-09-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-01
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2020-11-29