4 CORNERS MARINE SERVICES LTD
- 33110SIC 33110
- 33150SIC 33150
Opportunity 79/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -59% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (65/100).
Refinance opportunity
2 live charges · 2 lenders · oldest 6.8y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 6.8 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 102Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-07-31 | 2024-07-31 |
|---|---|---|
| Total assets | £230.4k | £384.1k |
| Current assets | £310.5k | £305.8k |
| Cash | £82.8k | £203.6k |
| Debtors | £227.7k | £102.2k |
| Net assets | £145.1k | £276.0k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 confirmation-statement
- • 1 confirmation-statement
- • 1 confirmation-statement
- • 1 accounts
Corporate timeline (25 events)Click to expand
- 2025-10-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-03-14📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-03-18📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-11-16📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-06-22📄capital-allotment-sharescapital · SH01
- 2023-06-21📄change-person-director-company-with-change-dateofficers · CH01
- 2023-06-21📄change-person-director-company-with-change-dateofficers · CH01
- 2023-06-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-06-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-10-31📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-07-26📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-07-22🔒Charge registered #2Lender: Dbw Investments (10) Limited
- 2022-07-18📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-07-18🔓Charge satisfied #1
- 2021-11-19📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-11-11📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-10-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-03-03➕REBHAN, John Paul appointeddirector
- 2020-03-03📄appoint-person-director-company-with-name-dateofficers · AP01
- 2019-11-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-07-30📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-06-26🔒Charge registered #1Lender: Dbw Investments (3) Limited
- 2018-07-02🏢Company incorporatedAs 4 CORNERS MARINE SERVICES LTD
- 2018-07-02➕REDDIN, Joel Michael appointeddirector
- 2018-07-02➕ROBBINS, Paul Anthony appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Founder age: Director aged approximately 65 — succession pressure is live.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
Red flags
cleanShareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Paul Anthony Robbins Individual · British · DOB 09/1968 · age 58 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 02/07/2018 |
Mr Joel Michael Reddin Individual · British · DOB 02/1988 · age 38 | — | — | sig. influencesignificant influence | 02/07/2018 |
1 historic (ceased) PSC
- Mr Michael John Laverickceased 11/03/2019· 25-50% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 →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 (3 active · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Dbw Investments (10) Dbw Investments (10) Limited | A registered charge | 2 properties | 22/07/2022 | — | |
| satisfied | Dbw Investments (3) Dbw Investments (3) Limited | A registered charge | 2 properties | 26/06/2019 | 18/07/2022 |