ELITE TANKERS LIMITED
- 38120SIC 38120
- 49410Freight transport by road
Opportunity 67/100 (strong), 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: share sale to pe / searcher (53/100).
Refinance opportunity
1 live charge · oldest 1.2y
Refinance viable after a tidy-up — address the highlighted items first.
- · Newest facility, 1.2 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (55/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Recent activity
Corporate timeline (11 events)Click to expand
- 2025-11-13📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-11-13📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-06-10📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-06-06➕STRUDWICK, Steven appointeddirector
- 2025-06-06📄change-person-director-company-with-change-dateofficers · CH01
- 2025-06-06📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-05-09📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-05-09🔒Charge registered #1Lender: Apollo Business Finance Limited
- 2024-09-03🏢Company incorporatedAs ELITE TANKERS LIMITED
- 2024-09-03➕DOWN, Stephen appointeddirector
- 2024-09-03📄incorporation-companyincorporation · NEWINC
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
- +Young company: Only 1.9 years old — management layer unlikely to be developed.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 high ·Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2026-06-03
Shareholders & ownership
2 active beneficial owners · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Stephen Down Individual · British · DOB 04/1968 · age 58 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 03/09/2024 |
Mr Steven Strudwick Individual · British · DOB 09/1984 · age 42 | 25–50% | — | 25-50% shares | 10/06/2025 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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9 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 →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
Registered office
Filing status
Officers (2 active · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Apollo Business Finance Apollo Business Finance Limited | A registered charge | — | 09/05/2025 | — |