ATLANTIC BOAT TOURS LIMITED
🏛️Establishedactive
12816361 · ltd · incorporated 2020-08-16
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 Dec 2025
Net worth
£-67.7k
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: SIC 50100
Sector: Transportation & storage
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 77/100 (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).
Data confidence
Overall: high (80/100)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
Confirmed no charges registered
85
Directors & officers
3 officers (3 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
24 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
65
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £67,667
Cash draining
Cash down 59% YoY
Cash YoY
-59%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£3k
↓ 59% YoY
Net Worth
-£68k
↓ 43% YoY
Current Assets
£5k
↓ 49% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Total assets | £-50.8k | £-30.6k |
| Current assets | £4.8k | £9.4k |
| Cash | £3.0k | £7.4k |
| Debtors | £1.7k | £2.0k |
| Net assets | £-67.7k | £-47.5k |
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 accounts
Last 90 days
1
filing
- • 1 accounts
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
- 2026-05-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-09-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-02-26📄change-person-director-company-with-change-dateofficers · CH01
- 2024-02-26📄change-person-director-company-with-change-dateofficers · CH01
- 2024-02-26📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-02-26📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-11-13📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-11-13📄change-person-director-company-with-change-dateofficers · CH01
- 2023-11-13📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-11-13📄change-person-director-company-with-change-dateofficers · CH01
- 2023-09-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-03-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-03-22📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2020-08-17📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-08-17📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-08-17📄change-person-director-company-with-change-dateofficers · CH01
- 2020-08-17📄change-person-director-company-with-change-dateofficers · CH01
- 2020-08-16🏢Company incorporatedAs ATLANTIC BOAT TOURS LIMITED
- 2020-08-16➕GILBERT, Karen Lyn appointeddirector
- 2020-08-16➕GILBERT, Richard Alan appointeddirector
- 2020-08-16➕THOMAS, Billy appointeddirector
- 2020-08-16📄incorporation-companyincorporation · NEWINC
Owner dependency
66/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
40/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
Red flags
cleanNo 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Karen Lyn Gilbert Individual · British · DOB 02/1965 · age 61 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 16/08/2020 |
Mr Richard Alan Gilbert Individual · British · DOB 06/1965 · age 61 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 16/08/2020 |
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 · Transport & logistics · TR postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A2B TAXIS NEWQUAY LIMITED→ 11064997 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| A2B TRANSPORT TRURO LIMITED→ 09926888 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| ABACUS AND FALMOUTH TAXIS LIMITED→ 06636778 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| ADVENT CORNWALL TRAVEL SOLUTIONS LTD→ 16379111 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| APOLLO EC TRURO TAXIS LTD→ 15288481 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ARCOACHES LIMITED→ 16781976 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AZAR BATRI UORMIYA CONSULTING LTD→ 16862619 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BARNABUS LTD→ 16243421 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| BEER AMBULANCE LIMITED→ 13915040 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| BLACK DOG LOGISTICS LTD→ 10157853 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| BLISS TO BE LTD→ 15953931 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BLUE DOLPHIN LEISURE LIMITED→ 04248245 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated2020-08-16
Jurisdictionengland-wales
Primary SIC50100 — SIC 50100
Registered office
The Old School
The Stennack
St Ives
Cornwall
TR26 1QU
United Kingdom
Filing status
Accounts
Next due: 2027-09-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2026-08-29
Last: 2025-08-15
Officers (3 active · 0 resigned)
GILBERT, Karen Lyn→
Activedirector · ~61y · appointed 2020-08-16
View their other companies + combined net worth →
GILBERT, Richard Alan→
Activedirector · ~61y · appointed 2020-08-16
View their other companies + combined net worth →
THOMAS, Billy→
Activedirector · ~33y · appointed 2020-08-16
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (24 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-05-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-18
confirmation-statement-with-updates
confirmation-statement · CS01
2025-08-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-30
confirmation-statement-with-updates
confirmation-statement · CS01
2024-08-21
change-person-director-company-with-change-date
officers · CH01
2024-02-26
change-person-director-company-with-change-date
officers · CH01
2024-02-26
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-02-26
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-02-26
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-11-13
change-person-director-company-with-change-date
officers · CH01
2023-11-13
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-11-13
change-person-director-company-with-change-date
officers · CH01
2023-11-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-28
confirmation-statement-with-updates
confirmation-statement · CS01
2023-08-21