66 EXPEDITIONS CRUISES (UK) COMPANY LIMITED

🚨Distressedactive
14192433 · ltd · incorporated 2022-06-23
Investment thesis
Attractive distress candidate — real problems but workable structure.
Why interesting: Falling signals but no deal-breakers yet; room for negotiation and turnaround.
Why risky: Signals worsening; needs speed and capital discipline.
🔒Estimated value
Upgrade to see
Turnover
year to Jun 2024
Net worth
£-4.6k
book net assets
Opportunity
61/100
Worth a look
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Travel agency activities
Sector: Administrative & support services
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 61/100 (worth a look), bankability 50/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100).

Data confidence

Overall: medium (76/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
7 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
61/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
45
Concerning — overdue filings or status flags present.
Acquirability
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £4,580

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£5k
↓ 148% YoY
Current Assets
£100
Current Liabilities
-£5k-£4k-£3k-£2k-£836£100Jun 2023Jun 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-06-302023-06-30
Total assets£-4.6k£-1.9k
Current assets£100
Debtors£100
Net assets£-4.6k£-1.9k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (6 events)Click to expand
  1. 2025-11-10
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2025-04-07
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2024-03-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-06-23
    🏢
    Company incorporated
    As 66 EXPEDITIONS CRUISES (UK) COMPANY LIMITED
  5. 2022-06-23
    TAO, Yongliang appointed
    director
  6. 2022-06-23
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
Moderate signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-03-31

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Yongliang Tao
Individual · Chinese · DOB 05/1974 · age 52
75100%
75–100%board control75-100% shares · 75-100% voting · board control23/06/2022

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Leisure & entertainment · B postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
02229539 PLC
02229539 · est 1988 · no financials extracted
38y
1 STOP CRUISE SHOP LIMITED
05421927 · est 2005 · no financials extracted
21y
1212 EVENTS LTD
15853862 · est 2024 · no financials extracted
1y
24C LTD
07518452 · est 2011 · no financials extracted
15y
6 DEGREES MOTORSPORT LTD
16431499 · est 2025 · no financials extracted
8 LIMBS MUAY THAI BIRMINGHAM LTD
13516336 · est 2021 · no financials extracted
4y
A BOOK OF PORTRAITS C.I.C.
16635758 · est 2025 · no financials extracted
A&A TOURS SERVICES LIMITED
15473231 · est 2024 · no financials extracted
2y
A2A YACHTING LTD
07554818 · est 2011 · no financials extracted
15y
A2B ENTERTAINMENT LTD
13469900 · est 2021 · no financials extracted
4y
ABDELAAL TRAVEL LIMITED
16802883 · est 2025 · no financials extracted
ABDULLAH T CONS LTD
17098233 · est 2026 · no financials extracted
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

10 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
Incorporated2022-06-23
Jurisdictionengland-wales
Primary SIC79110 — Travel agency activities

Registered office

Unit 1e, Bromsgrove House
88 Bromsgrove Street
Birmingham
B5 6AJ
England

Filing status

Accounts
Next due: 2026-03-31OVERDUE
Last made up to: 2024-06-30
Confirmation statement
Next due: 2026-07-06
Last: 2025-06-22

Officers (1 active · 0 resigned)

TAO, Yongliang
director · ~52y · appointed 2022-06-23
View their other companies + combined net worth →
Active

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

Recent filings (7 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-11-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-23
accounts-with-accounts-type-dormant
accounts · AA
2025-04-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-28
incorporation-company
incorporation · NEWINC
2022-06-23