ADVANTEC MARITIME LIMITED

💤Zombieactive
14936545 · ltd · incorporated 2023-06-14
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 Jul 2025
Net worth
£10.2k
book net assets
Opportunity
74/100
Strong
🔔
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What this business does
Primary activity: Other retail sale not in stores, stalls or markets
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 74/100 (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: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 1.9y

10/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Newest facility, 1.9 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (81/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
15 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £10,184

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£10k
↑ 582% YoY
Current Assets
£23k
↑ 1175% YoY
Current Liabilities
-£2k£3k£8k£13k£18k£23kJul 2024Jul 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-07-312024-07-31
Total assets£11.6k£-2.1k
Current assets£22.7k£-2.1k
Net assets£10.2k£-2.1k

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
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (15 events)Click to expand
  1. 2026-03-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-07-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2025-04-28
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  4. 2024-10-15
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2024-09-04
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  6. 2024-09-02
    🔒
    Charge registered #1
    Lender: Hsbc UK Bank PLC
  7. 2024-06-25
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2024-06-17
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  9. 2023-08-04
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2023-08-04
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  11. 2023-08-04
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  12. 2023-08-04
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  13. 2023-06-14
    🏢
    Company incorporated
    As ADVANTEC MARITIME LIMITED
  14. 2023-06-14
    FARTHING, Peter David appointed
    director
  15. 2023-06-14
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

83/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.

Succession & seller-readiness

55/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 med ·
Name changed recently
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2025-04-28: certificate-change-of-name-company

Group structure

Sensor Technologies Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Sensor Technologies Limited
Corporate parent · holds 75-100% shares
ultimate parent
ADVANTEC MARITIME LIMITED
This company · 14936545

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
Sensor Technologies Limited
Corporate entity
75100%
75-100% shares04/08/2023
2 historic (ceased) PSCs
  • Advantec International Limitedceased 04/08/2023· 75-100% shares
  • Mr Peter David Farthingceased 04/08/2023· 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.

🔒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 →

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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
Incorporated2023-06-14
Jurisdictionengland-wales
Primary SIC47990 — Other retail sale not in stores, stalls or markets

Registered office

Unit 2e & F Oak Tree Business Park, Austin Close
Kingskerswell
Newton Abbot
TQ12 5GJ
England

Filing status

Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2027-01-05
Last: 2025-12-22

Officers (1 active · 0 resigned)

FARTHING, Peter David
director · ~59y · appointed 2023-06-14
View their other companies + combined net worth →
Active

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
HSBC
Hsbc UK Bank PLC
A registered charge1 property02/09/2024
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (15 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-23
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-10
certificate-change-of-name-company
change-of-name · CERTNM
2025-04-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-09
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-10-15
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-09-04
accounts-with-accounts-type-dormant
accounts · AA
2024-06-25
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-06-17
confirmation-statement-with-updates
confirmation-statement · CS01
2024-01-12
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-08-04
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2023-08-04
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-08-04
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2023-08-04
incorporation-company
incorporation · NEWINC
2023-06-14