SAAB SEAEYE HOLDINGS LIMITED
🌳Matureactive
SC123144 · ltd · incorporated 1990-02-21
Investment thesis
Looks cheap but ownership + security both unclear — probable value trap.
Why interesting: Headline metrics may be attractive.
Why risky: No PSC visibility combined with multiple live charges; transacting likely slow and expensive.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£3.64M
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Activities of production holding companies
Sector: Financial & insurance
Investor take
Special-situation opportunityDistressed holding with salvageable qualities — special-situations priority.
Opportunity 75/100 (strong), bankability 67/100. Strong seller-intent signal (80/100, director aged 58). Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
4 live charges · 4 lenders · oldest 35.8y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 35.8 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (72/100)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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
19 officers (2 active, 19 linked, 15 with DOB)
86
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
3 connected companies via shared directors
54
Filing history
207 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
59
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £3,644,246
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£3.6m
↑ 6.3% YoY
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £3.64M | £3.43M |
| Debtors | £3.66M | £3.44M |
| Net assets | £3.64M | £3.43M |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
3 signals 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
3
filings
- • 2 officers
- • 1 confirmation-statement
Last 180 days
4
filings
- • 2 officers
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (61 events)Click to expand
- 2026-02-24📄change-person-director-company-with-change-dateofficers · CH01
- 2026-02-24📄change-person-director-company-with-change-dateofficers · CH01
- 2025-12-18📄accounts-with-accounts-type-fullaccounts · AA
- 2025-05-02📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2025-04-29➖KILPATRICK, Seumas resignedsecretary
- 2024-09-26📄capital-statement-capital-company-with-date-currency-figurecapital · SH19
- 2024-09-26📄legacycapital · SH20
- 2024-09-26⚠️legacyinsolvency · CAP-SS
- 2024-09-26📄resolutionresolution · RESOLUTIONS
- 2024-09-25📄accounts-with-accounts-type-smallaccounts · AA
- 2023-12-04📄accounts-with-accounts-type-smallaccounts · AA
- 2023-11-29📄gazette-filings-brought-up-to-dategazette · DISS40
- 2023-11-28📄gazette-notice-compulsorygazette · GAZ1
- 2022-10-17📄accounts-with-accounts-type-fullaccounts · AA
- 2022-06-07📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-04-05➖VOSU, Anne-Marie resigneddirector
- 2021-09-30📄accounts-with-accounts-type-fullaccounts · AA
- 2020-12-23📄accounts-with-accounts-type-fullaccounts · AA
- 2019-10-06📄accounts-with-accounts-type-fullaccounts · AA
- 2018-04-11➖BATES, Matthew David resignedsecretary
- 2018-04-11➕KILPATRICK, Seumas appointedsecretary
- 2018-04-11➕VOSU, Anne-Marie appointeddirector
- 2017-11-29➖KAMMEBY, Agneta Maria Margareta resigneddirector
- 2017-11-29➖SVENSSON, Bo Sven-Inge resigneddirector
- 2012-10-10➕ROBERTSON, Jon Mortimer appointeddirector
- 2012-09-20➖GRANT, David Alexander William resigneddirector
- 2010-03-30➖TOSSMAN, Lars Johan resigneddirector
- 2007-08-31➕GRANT, David Alexander William appointeddirector
- 2007-08-31➖TARMEY, Christopher John resigneddirector
- 2007-05-22➖BLAMIRE, Ian resigneddirector
- 2007-05-22➖FUDGE, Sydney Robert resigneddirector
- 2007-05-22➕KAMMEBY, Agneta Maria Margareta appointeddirector
- 2007-05-22➕SVENSSON, Bo Sven-Inge appointeddirector
- 2007-05-22➕TOSSMAN, Lars Johan appointeddirector
- 2003-11-03➕BATES, Matthew David appointedsecretary
- 2003-11-03➖PAULL & WILLIAMSONS resignedcorporate-secretary
- 2003-11-03➖CARDNO, Steven David resigneddirector
- 2003-11-03➖GRANT, David Alexander William resigneddirector
- 2003-05-19➕BATES, Matthew David appointeddirector
- 2003-04-01➕FUDGE, Sydney Robert appointeddirector
- 2003-03-31➖MCLELLAN, Gordon Mccrum resigneddirector
- 2002-11-01➕CARDNO, Steven David appointeddirector
- 1999-11-19➕BLAMIRE, Ian appointeddirector
- 1998-09-01➕MCLELLAN, Gordon Mccrum appointeddirector
- 1998-02-05🔓Charge satisfied #3
- 1998-02-02🔓Charge satisfied #4
- 1997-11-27➖ELDER, Renwick James resigneddirector
- 1997-04-28➖ELDER, Renwick James resignedsecretary
- 1997-04-28➕PAULL & WILLIAMSONS appointedcorporate-secretary
- 1996-01-24🔓Charge satisfied #1
Showing most recent 50 of 61 events
Owner dependency
76/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
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 23 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
Succession & seller-readiness
76/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 36 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
1 high · 1 med ·1 insolvency-related filing on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2024-09-26: legacy
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
🔒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 →Similar companies
Active · Holding company · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| DON FISHING COMPANY (FRASERBURGH) LIMITED (THE)→ SC092365 · est 1985 | £2.0k £1.7k–£2.3k | — | £2.0k | — | 41y | 82 | 77y |
| BANFFSHIRE FISHSELLING COMPANY LIMITED→ SC054512 · est 1973 | £2 £2–£2 | — | £2 | — | 52y | 82 | 77y |
| INTEROCEAN GROUP SERVICES LIMITED→ SC484003 · est 2014 | — | — | — | 0 | 11y | 94 | 63y |
| SODEXO REMOTE SITES SUPPORT SERVICES LIMITED→ SC161470 · est 1995 | — | — | — | 0 | 30y | 84 | 58y |
| BALMORAL COMPOSITES LIMITED→ SC234546 · est 2002 · no financials extracted | — | — | — | — | 23y | 83 | 86y |
| BALMORAL GROUP HOLDINGS LIMITED→ SC277480 · est 2004 · no financials extracted | — | — | — | — | 21y | 83 | 86y |
| CLIPPER HOLDINGS LIMITED→ SC103809 · est 1987 · no financials extracted | — | — | — | — | 39y | 83 | 74y |
| SCARBOROUGH GROUP INTERNATIONAL LIMITED→ SC319817 · est 2007 · no financials extracted | — | — | — | — | 19y | 83 | 78y |
| ADDIEWELL PRISON (HOLDINGS) LTD→ SC291481 · est 2005 · no financials extracted | — | — | — | — | 20y | 82 | 61y |
| DALIJON PROPERTIES LIMITED→ SC252356 · est 2003 | — | — | — | 0 | 22y | 82 | 68y |
| THE WOOD FOUNDATION AFRICA→ SC361033 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| VYSUS HOLDINGS (UK) LIMITED→ SC677766 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
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
Incorporated1990-02-21
Jurisdictionscotland
Primary SIC64202 — Activities of production holding companies
Registered office
Union Plaza (6th Floor)
1 Union Wynd
Aberdeen
AB10 1DQ
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-03-07
Last: 2026-02-21
Officers (2 active · 17 resigned)
BATES, Matthew David→
Activedirector · ~58y · appointed 2003-05-19
View their other companies + combined net worth →
ROBERTSON, Jon Mortimer→
Activedirector · ~52y · appointed 2012-10-10
View their other companies + combined net worth →
BATES, Matthew David→
Resignedsecretary · appointed 2003-11-03 · resigned 2018-04-11
ELDER, Renwick James→
Resignedsecretary · appointed 1993-02-21 · resigned 1997-04-28
KILPATRICK, Seumas→
Resignedsecretary · appointed 2018-04-11 · resigned 2025-04-29
PAULL & WILLIAMSONS→
Resignedcorporate-secretary · appointed 1997-04-28 · resigned 2003-11-03
ACE, Alan George→
Resigneddirector · ~89y · appointed 1992-07-17 · resigned 1993-10-15
BLAMIRE, Ian→
Resigneddirector · ~77y · appointed 1999-11-19 · resigned 2007-05-22
CARDNO, Steven David→
Resigneddirector · ~57y · appointed 2002-11-01 · resigned 2003-11-03
ELDER, Renwick James→
Resigneddirector · ~78y · appointed 1992-07-17 · resigned 1997-11-27
FUDGE, Sydney Robert→
Resigneddirector · ~83y · appointed 2003-04-01 · resigned 2007-05-22
GRANT, David Alexander William→
Resigneddirector · ~73y · appointed 2007-08-31 · resigned 2012-09-20
GRANT, David Alexander William→
Resigneddirector · ~73y · appointed 1991-12-12 · resigned 2003-11-03
KAMMEBY, Agneta Maria Margareta→
Resigneddirector · ~63y · appointed 2007-05-22 · resigned 2017-11-29
MCLELLAN, Gordon Mccrum→
Resigneddirector · ~82y · appointed 1998-09-01 · resigned 2003-03-31
SVENSSON, Bo Sven-Inge→
Resigneddirector · ~73y · appointed 2007-05-22 · resigned 2017-11-29
TARMEY, Christopher John→
Resigneddirector · ~77y · appointed 1990-06-07 · resigned 2007-08-31
TOSSMAN, Lars Johan→
Resigneddirector · ~64y · appointed 2007-05-22 · resigned 2010-03-30
VOSU, Anne-Marie→
Resigneddirector · ~62y · appointed 2018-04-11 · resigned 2022-04-05
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
1
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | 3I Group 3I Group PLC | Bond & floating charge | 1 property | 14/12/1995 | 02/02/1998 | |
| satisfied | Scottish Enterprise | Bond & floating charge | 1 property | 14/12/1995 | 05/02/1998 | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 27/11/1995 | — | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 05/07/1990 | 24/01/1996 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (207 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-24
change-person-director-company-with-change-date
officers · CH01
2026-02-24
change-person-director-company-with-change-date
officers · CH01
2026-02-24
accounts-with-accounts-type-full
accounts · AA
2025-12-18
termination-secretary-company-with-name-termination-date
officers · TM02
2025-05-02
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-04
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2024-09-26
legacy
capital · SH20
2024-09-26
legacy
insolvency · CAP-SS
2024-09-26
resolution
resolution · RESOLUTIONS
2024-09-26
accounts-with-accounts-type-small
accounts · AA
2024-09-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-23
accounts-with-accounts-type-small
accounts · AA
2023-12-04
gazette-filings-brought-up-to-date
gazette · DISS40
2023-11-29
gazette-notice-compulsory
gazette · GAZ1
2023-11-28