ROVMARINE LIMITED

🌳Matureactive
SC095650 · ltd · incorporated 1985-10-22
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
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Turnover
—
year to Mar 2025
Net worth
£5.6k
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: Other professional, scientific and technical activities n.e.c.
Sector: Professional, scientific & technical
Investor take
Pursue
Asset-holding vehicle with a 68-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 68). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (77/100)

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
7 officers (2 active, 7 linked, 5 with DOB)
84
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
108 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
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 declared
Positive net assets
Net assets £5,624
Cash YoY
+71%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£49k
↑ 71% YoY
Net Worth
£6k
↑ 539% YoY
Current Assets
£54k
↑ 13% YoY
Current Liabilities
—
-£1k£10k£21k£32k£43k£54kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£6.5k£-412
Current assets£53.7k£47.4k
Cash£49.1k£28.6k
Debtors£4.7k£18.8k
Net assets£5.6k£-1.3k

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 confirmation-statement
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2025-12-03
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2025-09-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-09-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-05-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2024-05-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2024-03-31
    ➖
    SHIERS, Donald Robert resigned
    director
  7. 2024-03-31
    ➖
    SHIERS, Jeanie Elisabeth resigned
    director
  8. 2023-12-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2023-01-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2022-10-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-10-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2020-11-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2020-02-10
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2019-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2018-10-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2017-09-27
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  17. 2017-09-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2017-08-31
    ➖
    SHIERS, Jeanie Elisabeth resigned
    secretary
  19. 1997-07-01
    ➕
    SHIERS, Russell Ian appointed
    director
  20. 1992-08-25
    ➕
    SHIERS, Michelle appointed
    director
  21. 1992-06-30
    ➖
    EYNOTT, Anthony John resigned
    director
  22. 1990-08-31
    ➖
    SHIELDS, Russell Ian resigned
    director
  23. 1985-10-22
    🏢
    Company incorporated
    As ROVMARINE LIMITED

Owner dependency

91/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 34 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 68 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

86/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 34 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 41 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean
No 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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Russell Ian Shiers
Individual · British · DOB 08/1959 · age 67
25–50%
75–100%board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence · trust interest · firm interest30/06/2016
Mrs Michelle Shiers
Individual · British · DOB 04/1958 · age 68
——sig. influencesignificant influence30/06/2016

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

7 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
Incorporated1985-10-22
Jurisdictionscotland
Primary SIC74909 — Other professional, scientific and technical activities n.e.c.

Registered office

5 South Charlotte Street
Edinburgh
EH2 4AN
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-21
Last: 2026-03-07

Officers (2 active · 5 resigned)

SHIERS, Michelle→
director · ~68y · appointed 1992-08-25
View their other companies + combined net worth →
Active
SHIERS, Russell Ian→
director · ~67y · appointed 1997-07-01
View their other companies + combined net worth →
Active
SHIERS, Jeanie Elisabeth→
secretary · resigned 2017-08-31
Resigned
EYNOTT, Anthony John→
director · ~83y · resigned 1992-06-30
Resigned
SHIELDS, Russell Ian→
director · resigned 1990-08-31
Resigned
SHIERS, Donald Robert→
director · ~90y · resigned 2024-03-31
Resigned
SHIERS, Jeanie Elisabeth→
director · ~91y · resigned 2024-03-31
Resigned

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

Recent filings (108 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-12-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-17
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-27
termination-director-company-with-name-termination-date
officers · TM01
2024-05-07
termination-director-company-with-name-termination-date
officers · TM01
2024-05-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-22
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-01-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-25