LEROY SEAFOOD UK LIMITED

💤Zombieactive
14283723 · ltd · incorporated 2022-08-08
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 Dec 2025
Net worth
£-122.7k
book net assets
Opportunity
71/100
Strong
🔔
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What this business does
Primary activity: SIC 10200
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 71/100 (strong), bankability 70/100. 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 -30% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: distressed disposal / insolvency (65/100).

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, 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
4 officers (1 active, 4 linked, 4 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
21 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red 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 £122,682
Cash YoY
-30%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£469k
↓ 30% YoY
Net Worth
-£123k
↓ 2.0% YoY
Current Assets
£19m
↑ 46% YoY
Current Liabilities
-£123k£3.6m£7.4m£11m£15m£19mDec 2024Dec 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-12-312024-12-31
Total assets£1.09M£1.14M
Current assets£18.58M£12.73M
Cash£468.9k£674.2k
Debtors£5.80M£3.62M
Net assets£-122.7k£-120.3k

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
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2026-05-29
    📄
    accounts-with-accounts-type-medium
    accounts · AA
  2. 2025-12-15
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2025-11-21
    BOARDMAN, Charles Pensam resigned
    director
  4. 2025-09-22
    📄
    accounts-with-accounts-type-medium
    accounts · AA
  5. 2024-09-13
    📄
    accounts-with-accounts-type-small
    accounts · AA
  6. 2023-09-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-02-24
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  8. 2022-11-23
    📄
    resolution
    resolution · RESOLUTIONS
  9. 2022-11-22
    📄
    capital-allotment-shares
    capital · SH01
  10. 2022-09-12
    📄
    resolution
    resolution · RESOLUTIONS
  11. 2022-09-12
    📄
    memorandum-articles
    incorporation · MA
  12. 2022-09-07
    WULFF, Ivar appointed
    director
  13. 2022-09-07
    BOARDMAN, Charles Pensam appointed
    director
  14. 2022-09-07
    HOLLYMAN, Christopher Richard resigned
    director
  15. 2022-09-07
    MOKRANE, Smain John Simon resigned
    director
  16. 2022-09-07
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2022-09-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  18. 2022-09-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  19. 2022-09-07
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  20. 2022-09-07
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  21. 2022-09-07
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  22. 2022-09-07
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  23. 2022-08-08
    🏢
    Company incorporated
    As LEROY SEAFOOD UK LIMITED
  24. 2022-08-08
    HOLLYMAN, Christopher Richard appointed
    director
  25. 2022-08-08
    MOKRANE, Smain John Simon appointed
    director
  26. 2022-08-08
    📄
    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

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

Group structure

Lerøy Seafood Group Asa is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Lerøy Seafood Group Asa
Corporate parent · holds 75-100% shares · board control
ultimate parent
LEROY SEAFOOD UK LIMITED
This company · 14283723

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Lerøy Seafood Group Asa
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control07/09/2022
1 historic (ceased) PSC
  • Mr Christopher Richard Hollymanceased 07/09/2022· 75-100% shares · 75-100% voting · board control

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

8 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
Incorporated2022-08-08
Jurisdictionengland-wales
Primary SIC10200 — SIC 10200

Registered office

1 Eastgate
Louth
LN11 9NB
England

Filing status

Accounts
Next due: 2027-09-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2026-08-21
Last: 2025-08-07

Officers (1 active · 3 resigned)

WULFF, Ivar
director · ~52y · appointed 2022-09-07
View their other companies + combined net worth →
Active
BOARDMAN, Charles Pensam
director · ~62y · appointed 2022-09-07 · resigned 2025-11-21
Resigned
HOLLYMAN, Christopher Richard
director · ~35y · appointed 2022-08-08 · resigned 2022-09-07
Resigned
MOKRANE, Smain John Simon
director · ~30y · appointed 2022-08-08 · resigned 2022-09-07
Resigned

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

Recent filings (21 total)

accounts-with-accounts-type-medium
accounts · AA
2026-05-29
termination-director-company-with-name-termination-date
officers · TM01
2025-12-15
accounts-with-accounts-type-medium
accounts · AA
2025-09-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-20
accounts-with-accounts-type-small
accounts · AA
2024-09-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-25
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-11
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-02-24
resolution
resolution · RESOLUTIONS
2022-11-23
capital-allotment-shares
capital · SH01
2022-11-22
resolution
resolution · RESOLUTIONS
2022-09-12
memorandum-articles
incorporation · MA
2022-09-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-09-07
termination-director-company-with-name-termination-date
officers · TM01
2022-09-07