AKWAMARINE LIMITED

💤Zombieactive
05255991 · ltd · incorporated 2004-10-11
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 Dec 2024
Net worth
£-153.0k
book net assets
Opportunity
80/100
Exceptional
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Activities of sport clubs
Sector: Arts, entertainment & recreation
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 79). 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).

Data confidence

Overall: medium (76/100)

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
5 officers (2 active, 5 linked, 2 with DOB)
78
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
64 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Negative net assets
Liabilities exceed assets by £152,962

Key financials

2 years extracted from filed iXBRL accounts
Cash
£192
Net Worth
-£153k
Current Assets
£437
Current Liabilities
-£153k-£122k-£92k-£61k-£30k£437Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Total assets£-153.0k
Current assets£437
Cash£192
Debtors£245
Net assets£-153.0k

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
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2026-04-01
    📄
    replacement-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP01CS01
  2. 2025-07-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-02-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-10-30
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2023-10-30
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2023-10-30
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  7. 2023-03-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-05-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2021-08-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2020-11-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2020-08-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2019-10-22
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  13. 2019-10-22
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2019-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2018-10-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  16. 2018-10-11
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2018-09-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2006-10-03
    DAVIS, Peter George resigned
    director
  19. 2004-10-12
    LONG, Richard Edward appointed
    secretary
  20. 2004-10-12
    LONG, Richard Edward appointed
    director
  21. 2004-10-12
    ROBERTSON, Reynolds resigned
    secretary
  22. 2004-10-12
    DAVIS, Peter George appointed
    director
  23. 2004-10-12
    MORLEY & SCOTT CORPORATE SERVICES LIMITED resigned
    corporate-director
  24. 2004-10-11
    🏢
    Company incorporated
    As AKWAMARINE LIMITED
  25. 2004-10-11
    ROBERTSON, Reynolds appointed
    secretary
  26. 2004-10-11
    MORLEY & SCOTT CORPORATE SERVICES LIMITED appointed
    corporate-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 22 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 79 — succession pressure is live.

Succession & seller-readiness

100/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 79 years old. Natural succession window is now.
  • 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

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

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Richard Edward Long
Individual · British · DOB 03/1947 · age 79
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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

Similar companies

Active · Leisure & entertainment · SO postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
AFC TOTTON 1886 LIMITED
11293572 · est 2018 · no financials extracted
8y
AFFILIATE RACING LTD
15013510 · est 2023 · no financials extracted
2y
ALKALINE MUSIC PRODUCTIONS LTD
15886199 · est 2024 · no financials extracted
1y
ALRESFORD STUDIOS LTD
13093850 · est 2020 · no financials extracted
5y
ALSO-H PRODUCTIONS LIMITED
16424422 · est 2025 · no financials extracted
AMPFIELD PAR-THREE GOLF & COUNTRY CLUB LIMITED
00759475 · est 1963 · no financials extracted
62y
ANDOVER CRICKET CLUB LIMITED
08756276 · est 2013 · no financials extracted
12y
ANTHONY THOMPSON LIMITED
14707994 · est 2023 · no financials extracted
3y
AQUA YACHTS INTERNATIONAL LTD
15183011 · est 2023 · no financials extracted
2y
AQUASCHOOL (SALISBURY) LIMITED
05204888 · est 2004 · no financials extracted
21y
ARCADE ARCHES LTD
17039149 · est 2026 · no financials extracted
ARLEBURY PARKLAND LIMITED
09388455 · est 2015 · no financials extracted
11y
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
Incorporated2004-10-11
Jurisdictionengland-wales
Primary SIC93120 — Activities of sport clubs

Registered office

C/O Coastal Accountants Ltd Unit 3 Mitchell Point, Ensign Way
Hamble
Southampton
SO31 4RF
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-10-25
Last: 2025-10-11

Officers (2 active · 3 resigned)

LONG, Richard Edward
secretary · appointed 2004-10-12
View their other companies + combined net worth →
Active
LONG, Richard Edward
director · ~79y · appointed 2004-10-12
View their other companies + combined net worth →
Active
ROBERTSON, Reynolds
secretary · appointed 2004-10-11 · resigned 2004-10-12
Resigned
DAVIS, Peter George
director · ~70y · appointed 2004-10-12 · resigned 2006-10-03
Resigned
MORLEY & SCOTT CORPORATE SERVICES LIMITED
corporate-director · appointed 2004-10-11 · resigned 2004-10-12
Resigned

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

Recent filings (64 total)

replacement-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP01CS01
2026-04-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-10-30
change-person-director-company-with-change-date
officers · CH01
2023-10-30
change-person-secretary-company-with-change-date
officers · CH03
2023-10-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-11-18