4 CORNERS MARINE SERVICES LTD

🏛️Establishedactive
11444360 · ltd · incorporated 2018-07-02
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
Upgrade to see
Turnover
year to Jul 2025
Net worth
£145.1k
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: Manufacture of metal structures and parts of structures
Sector: Manufacturing
ALSO REGISTERED FOR
  • 33110SIC 33110
  • 33150SIC 33150
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

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

30/100
under pressure

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.

Company profile
address, 3 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
3 officers (3 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
31 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £145,117
Net assets shrinking
Down £130,918 YoY
Cash draining
Cash down 59% YoY
Cash YoY
-59%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£83k
↓ 59% YoY
Net Worth
£145k
↓ 47% YoY
Current Assets
£310k
↑ 1.5% YoY
Current Liabilities
£0£62k£124k£186k£248k£310kJul 2024Jul 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-07-312024-07-31
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.

🔒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
1
filing
  • 1 confirmation-statement
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2025-10-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-03-14
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2024-03-18
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2023-11-16
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  5. 2023-06-22
    📄
    capital-allotment-shares
    capital · SH01
  6. 2023-06-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2023-06-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2023-06-21
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2023-06-21
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2022-10-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  11. 2022-07-26
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  12. 2022-07-22
    🔒
    Charge registered #2
    Lender: Dbw Investments (10) Limited
  13. 2022-07-18
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  14. 2022-07-18
    🔓
    Charge satisfied #1
  15. 2021-11-19
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  16. 2020-11-11
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2020-10-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  18. 2020-03-03
    REBHAN, John Paul appointed
    director
  19. 2020-03-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  20. 2019-11-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2019-07-30
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  22. 2019-06-26
    🔒
    Charge registered #1
    Lender: Dbw Investments (3) Limited
  23. 2018-07-02
    🏢
    Company incorporated
    As 4 CORNERS MARINE SERVICES LTD
  24. 2018-07-02
    REDDIN, Joel Michael appointed
    director
  25. 2018-07-02
    ROBBINS, Paul Anthony appointed
    director

Owner dependency

65/100
High — earn-out structure required

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

FACTORS
  • +Founder age: Director aged approximately 65 — succession pressure is live.

Succession & seller-readiness

50/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Paul Anthony Robbins
Individual · British · DOB 09/1968 · age 58
2550%
25–50%25-50% shares · 25-50% voting02/07/2018
Mr Joel Michael Reddin
Individual · British · DOB 02/1988 · age 38
sig. influencesignificant influence02/07/2018
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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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
Incorporated2018-07-02
Jurisdictionengland-wales
Primary SIC25110 — Manufacture of metal structures and parts of structures

Registered office

The Embassy
389 Newport Road
Cardiff
CF24 1TP
Wales

Filing status

Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2027-03-25
Last: 2026-03-11

Officers (3 active · 0 resigned)

REBHAN, John Paul
director · ~65y · appointed 2020-03-03
View their other companies + combined net worth →
Active
REDDIN, Joel Michael
director · ~38y · appointed 2018-07-02
View their other companies + combined net worth →
Active
ROBBINS, Paul Anthony
director · ~58y · appointed 2018-07-02
View their other companies + combined net worth →
Active

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Dbw Investments (10)
Dbw Investments (10) Limited
A registered charge2 properties22/07/2022
satisfied
Dbw Investments (3)
Dbw Investments (3) Limited
A registered charge2 properties26/06/201918/07/2022
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (31 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-21
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-03-14
confirmation-statement-with-updates
confirmation-statement · CS01
2024-03-22
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-03-18
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-11-16
capital-allotment-shares
capital · SH01
2023-06-22
change-person-director-company-with-change-date
officers · CH01
2023-06-21
change-person-director-company-with-change-date
officers · CH01
2023-06-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-06-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-06-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-15
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-10-31
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-07-26