AQUAMARE MARINE LTD

⚰️Wound downliquidation
07062123 · ltd · incorporated 2009-10-30
Investment thesis
Company liquidation — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2023
Net worth
book net assets
Opportunity
43/100
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What this business does
Primary activity: SIC 33150
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed low-transparency controlled group — structural issues outweigh the discount.

Opportunity 43/100 (watch), bankability 12/100. High owner-dependency — earn-out structure likely required for clean transition. 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: asset disposal / carve-out (75/100). Current lenders should be on immediate intervention.

🏦

Refinance opportunity

6 live charges · 4 lenders · oldest 8.2y

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 8.2 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Legal-friction score 45/100 (high).

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
5 officers (4 active, 5 linked, 5 with DOB)
90
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
12 connected companies via shared directors
81
Filing history
76 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
43/100Watch
PassWatchWorth a lookStrongExceptional 

Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.

Business quality
0
Concerning — overdue filings or status flags present.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
23
Multiple red flags — proceed with caution.
Signal strength
100
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2023-12-31
Average employees7600

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

5 signals 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
4
filings
  • 2 insolvency
  • 1 address
  • 1 resolution
Last 180 days
4
filings
  • 2 insolvency
  • 1 address
  • 1 resolution
Counts from Companies House filing history.
Corporate timeline (35 events)Click to expand
  1. 2026-04-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2026-04-22
    ⚠️
    liquidation-voluntary-appointment-of-liquidator
    insolvency · 600
  3. 2026-04-22
    📄
    resolution
    resolution · RESOLUTIONS
  4. 2026-04-22
    ⚠️
    liquidation-voluntary-statement-of-affairs
    insolvency · LIQ02
  5. 2025-06-10
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  6. 2025-01-21
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  7. 2025-01-14
    🔒
    Charge registered #6
    Lender: Jason Lee Burdett
  8. 2024-12-24
    📄
    accounts-with-accounts-type-small
    accounts · AA
  9. 2024-07-19
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2024-07-19
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2023-12-21
    📄
    accounts-with-accounts-type-small
    accounts · AA
  12. 2023-09-01
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2023-03-17
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2023-03-16
    JOHNSON, Alan Lee appointed
    director
  15. 2022-12-15
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  16. 2022-12-15
    🔒
    Charge registered #5
    Lender: Santander UK PLC
  17. 2022-12-08
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  18. 2022-12-08
    🔓
    Charge satisfied #2
  19. 2022-11-22
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  20. 2022-11-22
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  21. 2022-11-18
    🔒
    Charge registered #4
    Lender: Santander UK PLC
  22. 2022-11-18
    🔒
    Charge registered #3
    Lender: Santander UK PLC
  23. 2022-09-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  24. 2022-08-01
    📄
    change-person-director-company-with-change-date
    officers · CH01
  25. 2022-06-01
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  26. 2022-06-01
    🔓
    Charge satisfied #1
  27. 2021-12-21
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  28. 2021-12-20
    🔒
    Charge registered #2
    Lender: Allica Bank Limited
  29. 2019-03-19
    SOMMERFELD, Sophie Louise appointed
    director
  30. 2018-03-14
    🔒
    Charge registered #1
    Lender: Barclays Bank PLC
  31. 2017-10-30
    STREET, Robert Charles resigned
    director
  32. 2015-10-01
    SOMMERFELD, Michael David appointed
    director
  33. 2010-04-06
    BURDETT, Jason Lee appointed
    director
  34. 2009-10-30
    🏢
    Company incorporated
    As AQUAMARE MARINE LTD
  35. 2009-10-30
    STREET, Robert Charles appointed
    director

Owner dependency

66/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 16 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

58/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
  • secondary12+ year tenure: Director in role 16 years.
  • secondaryStable-but-static management: Company is 17 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

3 high · 1 med ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-03-31

Company in liquidation
high

Company is actively being wound up. Not a going concern.

2 insolvency-related filings on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2026-04-22: liquidation-voluntary-appointment-of-liquidator; 2026-04-22: liquidation-voluntary-statement-of-affairs

Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

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

🏛️
Tsd Holding Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
AQUAMARE MARINE LTD
This company · 07062123

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
Tsd Holding Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control16/03/2018
3 historic (ceased) PSCs
  • Mr Michael David Sommerfeldceased 16/03/2018· 25-50% shares · 25-50% voting
  • Mr Jason Lee Burdettceased 16/03/2018· 25-50% shares · 25-50% voting · board control
  • Mr Robert Charles Streetceased 30/10/2017· 25-50% shares · 25-50% voting · board control

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

12 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

Statusliquidation
Typeltd
Incorporated2009-10-30
Jurisdictionengland-wales
Primary SIC33150 — SIC 33150

Registered office

Centenary House Peninsula Park
Rydon Lane
Exeter
EX2 7XE

Filing status

Accounts
Next due: 2026-03-31OVERDUE
Last made up to: 2023-12-31
Confirmation statement
Next due: 2026-08-01
Last: 2025-07-18

Officers (4 active · 1 resigned)

BURDETT, Jason Lee
director · ~56y · appointed 2010-04-06
View their other companies + combined net worth →
Active
JOHNSON, Alan Lee
director · ~58y · appointed 2023-03-16
View their other companies + combined net worth →
Active
SOMMERFELD, Michael David
director · ~40y · appointed 2015-10-01
View their other companies + combined net worth →
Active
SOMMERFELD, Sophie Louise
director · ~40y · appointed 2019-03-19
View their other companies + combined net worth →
Active
STREET, Robert Charles
director · ~70y · appointed 2009-10-30 · resigned 2017-10-30
Resigned

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

Mortgages & charges

6
Total charges
4
Outstanding
2
Active lenders
Status:Lender:6 of 6 shown
TypeProperties
outstanding
Jason Lee Burdett / Michael David Sommerfeld / Alan Lee Johnson / Lca Investments
Jason Lee Burdett / Michael David Sommerfeld / Alan Lee Johnson / Lca Investments Limited
A registered charge14/01/2025
outstanding
Santander
Santander UK PLC
A registered charge1 property15/12/2022
outstanding
Santander
Santander UK PLC
A registered charge18/11/2022
outstanding
Santander
Santander UK PLC
A registered charge1 property18/11/2022
satisfied
Allica Bank
Allica Bank Limited
A registered charge1 property20/12/202108/12/2022
satisfied
Barclays
Barclays Bank PLC
A registered charge14/03/201801/06/2022
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (76 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-04-22
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2026-04-22
resolution
resolution · RESOLUTIONS
2026-04-22
liquidation-voluntary-statement-of-affairs
insolvency · LIQ02
2026-04-22
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-18
change-account-reference-date-company-current-extended
accounts · AA01
2025-06-10
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-01-21
accounts-with-accounts-type-small
accounts · AA
2024-12-24
change-person-director-company-with-change-date
officers · CH01
2024-07-19
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-19
change-person-director-company-with-change-date
officers · CH01
2024-07-19
accounts-with-accounts-type-small
accounts · AA
2023-12-21
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-09-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-18
appoint-person-director-company-with-name-date
officers · AP01
2023-03-17