120 MARINE PARADE LIMITED
💤Zombieactive
09710572 · ltd · incorporated 2015-07-30
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 Apr 2025
Net worth
—
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
PursueActive trading company with a 62-year-old founder — textbook succession opportunity.
Opportunity 77/100 (strong), bankability 77/100. Strong seller-intent signal (65/100, director aged 62). 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
4 live charges · 3 lenders · oldest 10.7y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 10.7 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
7 officers (1 active, 7 linked, 7 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
50 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
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 accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Average employees | 0 | 0 |
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
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (40 events)Click to expand
- 2026-02-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-01-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-01-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-06-07📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-06-07📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-06-07🔓Charge satisfied #4
- 2022-06-07🔓Charge satisfied #3
- 2022-04-29➕REEVE, Jamie Martin appointeddirector
- 2022-04-29➖LEIGHS, Anthony Mark resigneddirector
- 2022-04-29📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-04-29📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-01-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-04-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-10-12📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-10-01➖CADWALLADER, Peter Mark resigneddirector
- 2020-01-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-06-04📄legacymiscellaneous · RP04CS01
- 2019-05-22📄capital-allotment-sharescapital · SH01
- 2019-05-10📄resolutionresolution · RESOLUTIONS
- 2019-04-25📄mortgage-charge-whole-release-with-charge-numbermortgage · MR05
- 2019-04-25📄mortgage-satisfy-charge-fullmortgage · MR04
- 2019-04-25🔓Charge satisfied #2
- 2019-04-18📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-04-18🔒Charge registered #4Lender: United Trust Bank Limited
- 2019-04-18🔒Charge registered #3Lender: United Trust Bank Limited
- 2017-06-05🔓Charge satisfied #1
- 2017-05-26🔒Charge registered #2Lender: Amicus Finance PLC (Company Number: 06994954)
- 2017-01-31➕LEIGHS, Anthony Mark appointeddirector
- 2017-01-31➖SABET, Shahin resigneddirector
- 2017-01-31➖SAGAR, Karmjit Singh resigneddirector
- 2016-09-26➖WALTERS, Justin Gareth resigneddirector
- 2015-11-25➖GEDGAUDAS, Mantas resigneddirector
- 2015-09-09🔒Charge registered #1Lender: Bridgeco Limited T/a Dragonfly Finance
- 2015-07-30🏢Company incorporatedAs 120 MARINE PARADE LIMITED
- 2015-07-30➕CADWALLADER, Peter Mark appointeddirector
- 2015-07-30➕GEDGAUDAS, Mantas appointeddirector
- 2015-07-30➕SABET, Shahin appointeddirector
- 2015-07-30➕SAGAR, Karmjit Singh appointeddirector
- 2015-07-30➕WALTERS, Justin Gareth 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
- +Sole director: Only one active director — all governance concentrated on one person.
- +Senior director age: Director aged approximately 62 — approaching natural succession window.
Succession & seller-readiness
55/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Rkpot Ltd holds 25-50% — a significant corporate investor but not a controlling parent.
🏛️significant stake
Rkpot Ltd
Corporate parent · holds 25-50% shares
⬇
120 MARINE PARADE LIMITED
This company · 09710572
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Rkpot Ltd Corporate entity | 25–50% | — | 25-50% shares | 01/07/2016 |
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
Active · Property · SP postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 10 COWPER ROAD WORTHING LTD→ 13564854 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 10-12 MINTERNE ROAD MANAGEMENT LTD→ 11368101 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 107 MILSON ROAD LIMITED→ 14691867 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| 12 GOLDEN MANOR MANAGEMENT LIMITED→ 13159736 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| 138 FISHERTON STREET FREEHOLD LIMITED→ 09605813 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| 14 HARTINGTON ROAD LIMITED→ 11749282 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| 15 CARDIGAN ROAD LTD→ 10289997 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| 15 CRANBURY PLACE SOUTHAMPTON MANAGEMENT COMPANY LIMITED→ 06312212 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| 19 BEAUFORT GARDENS RIGHT TO MANAGE COMPANY LIMITED→ 07666462 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| 2 THE WATERLOO SPV LIMITED→ 17124466 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 20/20 INVESTMENT HOLDINGS LTD→ 14168961 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 2027 LTD→ 07726061 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
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
Incorporated2015-07-30
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate
Registered office
Scots House
Scots Lane
Salisbury
Wiltshire
SP1 3TR
England
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-08-12
Last: 2025-07-29
Officers (1 active · 6 resigned)
REEVE, Jamie Martin→
Activedirector · ~62y · appointed 2022-04-29
View their other companies + combined net worth →
CADWALLADER, Peter Mark→
Resigneddirector · ~44y · appointed 2015-07-30 · resigned 2020-10-01
GEDGAUDAS, Mantas→
Resigneddirector · ~52y · appointed 2015-07-30 · resigned 2015-11-25
LEIGHS, Anthony Mark→
Resigneddirector · ~61y · appointed 2017-01-31 · resigned 2022-04-29
SABET, Shahin→
Resigneddirector · ~47y · appointed 2015-07-30 · resigned 2017-01-31
SAGAR, Karmjit Singh→
Resigneddirector · ~45y · appointed 2015-07-30 · resigned 2017-01-31
WALTERS, Justin Gareth→
Resigneddirector · ~59y · appointed 2015-07-30 · resigned 2016-09-26
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
0
Outstanding
0
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | United Trust Bank United Trust Bank Limited | A registered charge | 2 properties | 18/04/2019 | 07/06/2022 | |
| satisfied | United Trust Bank United Trust Bank Limited | A registered charge | 2 properties | 18/04/2019 | 07/06/2022 | |
| satisfied | Amicus Finance (Company Number: 06994954) Amicus Finance PLC (Company Number: 06994954) | A registered charge | 5 properties | 26/05/2017 | 25/04/2019 | |
| satisfied | Bridgeco T/a Dragonfly Finance Bridgeco Limited T/a Dragonfly Finance | A registered charge | 1 property | 09/09/2015 | 05/06/2017 |
Recent filings (50 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-05
mortgage-satisfy-charge-full
mortgage · MR04
2022-06-07
mortgage-satisfy-charge-full
mortgage · MR04
2022-06-07
appoint-person-director-company-with-name-date
officers · AP01
2022-04-29
termination-director-company-with-name-termination-date
officers · TM01
2022-04-29
accounts-with-accounts-type-micro-entity
accounts · AA
2022-01-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-04
accounts-with-accounts-type-micro-entity
accounts · AA
2021-04-29