EXCEL MARINE SERVICES LIMITED
🌳Matureactive
05619113 · ltd · incorporated 2005-11-10
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
—
year to Mar 2024
Net worth
£371.1k
book net assets
Opportunity
57/100
Worth a look
What this business does
Primary activity: SIC 50100
Sector: Transportation & storage
Investor take
Pass (distressed without resilience)Distressed admin-neglect survivor — structural issues outweigh the discount.
Opportunity 57/100 (worth a look), bankability 27/100. Strong seller-intent signal (78/100, director aged 75). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (45/100). Current lenders should be on monthly review.
🏦
Refinance opportunity
10 live charges · 4 lenders · oldest 19.6y
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 19.6 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 50/100 (high).
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
10 charges (10/10 with lender, 10/10 with type)
90
Directors & officers
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
9 connected companies via shared directors
72
Filing history
67 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
57/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
35
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
38
Multiple red flags — proceed with caution.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £371,070
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£371k
↑ 1.6% YoY
Current Assets
£150k
↓ 46% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-03-31 | 2023-03-31 |
|---|---|---|
| Total assets | £0 | £255.7k |
| Current assets | £150.0k | £280.0k |
| Net assets | £371.1k | £365.2k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
- • 1 dissolution
- • 1 gazette
Counts from Companies House filing history.
Corporate timeline (35 events)Click to expand
- 2026-02-10📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2026-01-06📄gazette-notice-compulsorygazette · GAZ1
- 2025-03-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-03-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-03-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-03-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-03-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-12-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-02-02📄mortgage-satisfy-charge-fullmortgage · MR04
- 2019-02-02📄mortgage-satisfy-charge-fullmortgage · MR04
- 2019-02-02🔓Charge satisfied #8
- 2019-02-02🔓Charge satisfied #7
- 2018-12-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-01-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-12-30📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-06-13📄mortgage-satisfy-charge-fullmortgage · MR04
- 2016-06-13🔓Charge satisfied #2
- 2016-06-03📄mortgage-satisfy-charge-fullmortgage · MR04
- 2016-06-03🔓Charge satisfied #1
- 2016-05-04📄mortgage-satisfy-charge-fullmortgage · MR04
- 2016-05-04🔓Charge satisfied #6
- 2015-03-31🔒Charge registered #10Lender: Griffith Sargent as Trustee of Excel Marine Services Pension Scheme
- 2015-01-30🔒Charge registered #9Lender: Lombard North Central PLC
- 2011-06-17🔒Charge registered #8Lender: Clydesdale Bank PLC
- 2011-06-10🔒Charge registered #7Lender: Clydesdale Bank PLC
- 2011-02-25🔒Charge registered #6Lender: Trustees of the Excel Marine Services Pension Scheme
- 2010-05-14🔒Charge registered #5Lender: Lombard North Central PLC
- 2010-01-29🔒Charge registered #4Lender: Trustees of the Excel Marine Services Pension Scheme
- 2009-05-29🔒Charge registered #3Lender: Lombard North Central PLC
- 2008-04-18🔒Charge registered #2Lender: Lombard North Central PLC
- 2006-10-13🔒Charge registered #1Lender: Lombard North Central PLC
- 2005-11-10🏢Company incorporatedAs EXCEL MARINE SERVICES LIMITED
- 2005-11-10➕SARGENT, Griffith William appointedsecretary
- 2005-11-10➕GOSS, Adrian appointeddirector
- 2005-11-10➕SARGENT, Griffith William appointeddirector
Owner dependency
83/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 75 — succession pressure is live.
Succession & seller-readiness
91/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 75 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 21 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
2 high · 1 med · 1 lowAccounts overdue
highStatutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2025-12-31
Confirmation statement overdue
highAnnual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2025-10-31
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
5 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Adrian Goss Individual · British · DOB 11/1951 · age 75 | — | — | sig. influencesignificant influence | 06/04/2016 |
Mr Griffith William Sargent Individual · British · DOB 10/1953 · age 73 | — | — | sig. influencesignificant influence | 06/04/2016 |
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 →Similar companies
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|---|---|---|---|---|---|---|---|
| A&T CLEARANCE LTD→ 16620511 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ABRI R&L LTD→ 13396410 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ADMIRAL JET LTD→ 13020365 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| AGRO FRESH KENT LTD→ 14313084 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| AIR GLOBAL HOLDINGS LIMITED→ 10112551 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| AJM STORAGE AND DISTRIBUTION LIMITED→ 16882480 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ALCALINE EVENTS LIMITED→ 04000403 · est 2000 · no financials extracted | — | — | — | — | 25y | — | — |
| ALEX TRANS SERVICES LTD→ 14771076 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ALL ABROAD PET TRAVEL LTD→ 15244749 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ALPHA TAXIS CANTERBURY LTD→ 15942744 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AMAZE MARITIME SERVICES LTD→ 16405830 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AMB TRANSPORT SERVICES LIMITED→ 11908885 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
11 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
Incorporated2005-11-10
Jurisdictionengland-wales
Primary SIC50100 — SIC 50100
Registered office
38 Avenue Road
Herne Bay
Kent
CT6 8TG
Filing status
Accounts
Next due: 2025-12-31OVERDUE
Last made up to: 2024-03-31
Confirmation statement
Next due: 2025-10-31OVERDUE
Last: 2024-10-17
Officers (3 active · 0 resigned)
SARGENT, Griffith William→
Activesecretary · appointed 2005-11-10
View their other companies + combined net worth →
GOSS, Adrian→
Activedirector · ~75y · appointed 2005-11-10
View their other companies + combined net worth →
SARGENT, Griffith William→
Activedirector · ~73y · appointed 2005-11-10
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
10
Total charges
5
Outstanding
3
Active lenders
Status:Lender:10 of 10 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Griffith Sargent as Trustee of Excel Marine Services Pension Scheme / Anne Sargent as Trustee of Excel Marine Services Pension Scheme / Adrian Goss as Trustee of Excel Marine Services Pension Scheme / Morgan Lloyd Trustees as Trustee of Excel Marine Services Pension Scheme Griffith Sargent as Trustee of Excel Marine Services Pension Scheme / Anne Sargent as Trustee of Excel Marine Services Pension Scheme / Adrian Goss as Trustee of Excel Marine Services Pension Scheme / Morgan Lloyd Trustees Limited as Trustee of Excel Marine Services Pension Scheme | A registered charge | 9 properties | 31/03/2015 | — | |
| outstanding | Lombard North Central Lombard North Central PLC | A registered charge | 1 property | 30/01/2015 | — | |
| satisfied | Virgin Money Clydesdale Bank PLC | Mortgage of a ship | 1 property | 17/06/2011 | 02/02/2019 | |
| satisfied | Virgin Money Clydesdale Bank PLC | Deed of covenant | 1 property | 10/06/2011 | 02/02/2019 | |
| satisfied | Trustees of the Excel Marine Services Pension Scheme | Debenture | 1 property | 25/02/2011 | 04/05/2016 | |
| outstanding | Lombard North Central Lombard North Central PLC | Marine mortgage | 1 property | 14/05/2010 | — | |
| outstanding | Trustees of the Excel Marine Services Pension Scheme | Debenture | 1 property | 29/01/2010 | — | |
| outstanding | Lombard North Central Lombard North Central PLC | Marine mortgage | 1 property | 29/05/2009 | — | |
| satisfied | Lombard North Central Lombard North Central PLC | Marine mortgage | 1 property | 18/04/2008 | 13/06/2016 | |
| satisfied | Lombard North Central Lombard North Central PLC | Marine mortgage | 1 property | 13/10/2006 | 03/06/2016 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (67 total)
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2026-02-10
gazette-notice-compulsory
gazette · GAZ1
2026-01-06
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-24
accounts-with-accounts-type-micro-entity
accounts · AA
2024-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-07
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-17
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-23
accounts-with-accounts-type-micro-entity
accounts · AA
2021-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-31
accounts-with-accounts-type-micro-entity
accounts · AA
2019-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-11-11
mortgage-satisfy-charge-full
mortgage · MR04
2019-02-02