OCEAN INNS COMPANY LIMITED
- · Oldest live charge 18.6y old — refinance window within 12 months
Opportunity 64/100 (worth a look), bankability 75/100. Strong seller-intent signal (65/100, director aged 59). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (73/100).
Refinance opportunity
2 live charges · oldest 18.6y
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 18.6 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (55/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Recent activity
Corporate timeline (31 events)Click to expand
- 2022-10-04📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2022-10-04🏁Company dissolved
- 2022-07-19📄gazette-notice-voluntarygazette · GAZ1(A)
- 2022-07-11📄dissolution-application-strike-off-companydissolution · DS01
- 2022-03-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-07-07📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-07-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-07-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-07-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-07-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2016-07-14📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-09-28📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-07-07📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2014-09-16📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-08-05📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2013-09-25📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-07-30📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2012-10-04📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-07-26📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2010-03-11➖NILSSON, Geoffrey John resignedsecretary
- 2010-03-11➖NILSSON, Geoffrey John resigneddirector
- 2009-04-02➕NILSSON, Geoffrey John appointeddirector
- 2009-02-19➕BLACKMAN, Simon appointeddirector
- 2009-02-19➖BLACKMAN, Simon resignedsecretary
- 2009-02-19➕NILSSON, Geoffrey John appointedsecretary
- 2009-02-19➖CROMBIE, John resigneddirector
- 2007-11-01🔒Charge registered #2Lender: Interbay Funding Limited
- 2007-11-01🔒Charge registered #1Lender: Interbay Funding Limited
- 2007-09-14🏢Company incorporatedAs OCEAN INNS COMPANY LIMITED
- 2007-09-14➕BLACKMAN, Simon appointedsecretary
- 2007-09-14➕CROMBIE, John appointeddirector
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 17 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 59 — approaching natural succession window.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 17 years.
- secondaryStable-but-static management: Company is 19 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
1 high ·Company has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2022-10-04
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Simon Blackman Individual · British · DOB 07/1967 · age 59 | 75–100% | 75–100% | board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 →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 (0 active · 4 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | InterBay Interbay Funding Limited | Debenture | 1 property | 01/11/2007 | — | |
| outstanding | InterBay Interbay Funding Limited | Legal charge | 1 property | 01/11/2007 | — |