ONE FISH COMPANY LTD

🌳Matureactive
07645992 · ltd · incorporated 2011-05-24
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
Upgrade to see
Turnover
year to May 2025
Net worth
book net assets
Opportunity
78/100
Strong
🔔
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What this business does
Primary activity: Manufacture of prepared meals and dishes
Sector: Manufacturing
ALSO REGISTERED FOR
  • 46380Wholesale of other food, including fish, crustaceans and molluscs
Investor take
Pursue
Active trading company with a 69-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 67/100. Strong seller-intent signal (78/100, director aged 69). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

3 live charges · 3 lenders · oldest 12.2y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 12.2 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: high (81/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
5 officers (2 active, 5 linked, 5 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
51 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0May 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-05-312024-05-31

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
0
filings
Last 180 days
4
filings
  • 2 gazette
  • 1 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
  1. 2026-02-25
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  2. 2026-02-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2026-02-24
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2025-02-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2025-01-14
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  6. 2024-04-03
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  7. 2024-04-02
    🔒
    Charge registered #3
    Lender: Rbs Invoice Finance LTD
  8. 2024-03-26
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  9. 2024-03-26
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  10. 2024-03-26
    🔓
    Charge satisfied #2
  11. 2024-03-26
    🔓
    Charge satisfied #1
  12. 2023-11-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2023-11-15
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2023-11-15
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2023-08-16
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2023-08-05
    LAVELLE, Michael Patrick appointed
    director
  17. 2023-08-05
    LAVELLE, Michael appointed
    director
  18. 2023-08-05
    LAVELLE, Michael resigned
    director
  19. 2023-05-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  20. 2022-02-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2020-10-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2020-04-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  23. 2020-02-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  24. 2019-11-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  25. 2019-10-15
    A LAG, Carl Christian appointed
    director
  26. 2019-10-15
    LAVELLE, Michael Patrick resigned
    director
  27. 2016-06-27
    🔒
    Charge registered #2
    Lender: National Westminster Bank PLC
  28. 2014-04-10
    🔒
    Charge registered #1
    Lender: Rbs Invoice Finance Limited
  29. 2013-05-25
    A LAG, Carl Christian resigned
    director
  30. 2013-05-25
    LAVELLE, Michael Patrick appointed
    director
  31. 2011-05-24
    🏢
    Company incorporated
    As ONE FISH COMPANY LTD
  32. 2011-05-24
    A LAG, Carl Christian appointed
    director

Owner dependency

73/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder age: Director aged approximately 69 — succession pressure is live.

Succession & seller-readiness

56/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 med ·
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

2 corporate shareholders identified. Group structure is distributed.

🏛️
Hofseth International As
Corporate parent · holds 25-50% shares
significant stake
🏛️
Misu Sp/F
Corporate parent · holds 75-100% shares
ultimate parent
ONE FISH COMPANY LTD
This company · 07645992

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Misu Sp/F
Corporate entity
75100%
75-100% shares06/04/2016
Hofseth International As
Corporate entity
2550%
25–50%25-50% shares · 25-50% voting26/07/2023

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

7 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
Incorporated2011-05-24
Jurisdictionengland-wales
Primary SIC10850 — Manufacture of prepared meals and dishes

Registered office

39 Clifford Road
Southport
PR8 4JR
England

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-11-29
Last: 2025-11-15

Officers (2 active · 3 resigned)

A LAG, Carl Christian
director · ~65y · appointed 2019-10-15
View their other companies + combined net worth →
Active
LAVELLE, Michael Patrick
director · ~69y · appointed 2023-08-05
View their other companies + combined net worth →
Active
A LAG, Carl Christian
director · ~65y · appointed 2011-05-24 · resigned 2013-05-25
Resigned
LAVELLE, Michael
director · ~73y · appointed 2023-08-05 · resigned 2023-08-05
Resigned
LAVELLE, Michael Patrick
director · ~69y · appointed 2013-05-25 · resigned 2019-10-15
Resigned

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

Mortgages & charges

3
Total charges
1
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
NatWest Group
Rbs Invoice Finance LTD
A registered charge02/04/2024
satisfied
National Westminster Bank
National Westminster Bank PLC
A registered charge27/06/201626/03/2024
satisfied
NatWest Group
Rbs Invoice Finance Limited
A registered charge10/04/201426/03/2024
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (51 total)

gazette-filings-brought-up-to-date
gazette · DISS40
2026-02-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-24
gazette-notice-compulsory
gazette · GAZ1
2026-02-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-28
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-14
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-01-14
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-04-03
mortgage-satisfy-charge-full
mortgage · MR04
2024-03-26
mortgage-satisfy-charge-full
mortgage · MR04
2024-03-26
confirmation-statement-with-updates
confirmation-statement · CS01
2023-12-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-27
termination-director-company-with-name-termination-date
officers · TM01
2023-11-15
appoint-person-director-company-with-name-date
officers · AP01
2023-11-15
appoint-person-director-company-with-name-date
officers · AP01
2023-08-16