CIRCLE OFFSHORE LIMITED
🌳Matureactive
SC194986 · ltd · incorporated 1999-04-06
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
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 75/100 (strong), bankability 77/100. Strong seller-intent signal (68/100, director aged 55). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (63/100).
🏦
Refinance opportunity
6 live charges · 5 lenders · oldest 26.8y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 26.8 years old — likely at or near maturity.
- · 5 lenders named — inter-creditor friction likely.
- · Legal-friction score 30/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (60/100)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
No iXBRL financials extracted
0
Lenders & charges
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
23 officers (4 active, 23 linked, 17 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
13 connected companies via shared directors
84
Filing history
175 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
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
65
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
3
filings
- • 2 confirmation-statement
- • 1 accounts
Last 90 days
3
filings
- • 2 confirmation-statement
- • 1 accounts
Last 180 days
3
filings
- • 2 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (69 events)Click to expand
- 2026-04-24📄accounts-with-accounts-type-fullaccounts · AA
- 2025-01-27📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-01-27📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-01-15➕SWAN, Ben Christopher appointeddirector
- 2025-01-15➖FRASER, Mark William resigneddirector
- 2024-10-30📄accounts-with-accounts-type-fullaccounts · AA
- 2023-10-12📄accounts-with-accounts-type-fullaccounts · AA
- 2022-08-05📄accounts-with-accounts-type-fullaccounts · AA
- 2022-07-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-06-30➕FRASER, Mark William appointeddirector
- 2021-08-09📄accounts-with-accounts-type-fullaccounts · AA
- 2020-12-29📄accounts-with-accounts-type-fullaccounts · AA
- 2019-10-03📄accounts-with-accounts-type-smallaccounts · AA
- 2019-07-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-06-28➖COX, Stephen Robert resigneddirector
- 2018-10-04📄accounts-with-accounts-type-fullaccounts · AA
- 2018-06-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2018-05-14➖LAMONT, David Turch resigneddirector
- 2017-11-14📄accounts-with-accounts-type-fullaccounts · AA
- 2016-09-12➕COX, Stephen Robert appointeddirector
- 2014-12-23🔓Charge satisfied #6
- 2014-12-23🔓Charge satisfied #5
- 2014-12-09➖HORSLEY, Erich Allen resigneddirector
- 2012-12-20🔓Charge satisfied #4
- 2012-12-08🔒Charge registered #6Lender: Hsbc Corporate Trustee Company (UK) Limited
- 2012-12-08🔒Charge registered #5Lender: Hsbc Corporate Trustee Company (UK) Limited
- 2011-11-14➕LARSSEN, Davis Marc appointedsecretary
- 2011-11-14➕BLACKWOOD PARTNERS LLP appointedcorporate-secretary
- 2011-11-14➖STRONACHS SECRETARIES LIMITED resignedcorporate-secretary
- 2011-09-12➕LAMONT, David Turch appointeddirector
- 2011-09-12➖SAIER, Ruben resigneddirector
- 2011-06-23🔓Charge satisfied #1
- 2011-06-20🔒Charge registered #4Lender: Haymarket Financial LLP
- 2010-05-30➖DENT, David William resigneddirector
- 2010-05-20➖GJERDE, Orjan resigneddirector
- 2010-04-27➖BRODAHL, Erik resigneddirector
- 2010-04-26➕LARSSEN, Davis Marc appointeddirector
- 2010-04-26➕HORSLEY, Erich Allen appointeddirector
- 2010-04-26➕SAIER, Ruben appointeddirector
- 2010-02-02➖SUTHERLAND, James David resigneddirector
- 2009-01-12➖ANGELTVEIT, Bjorn resigneddirector
- 2009-01-12➖ASHTON, Harold Scholes resigneddirector
- 2009-01-12➖SEM-HENRIKSEN, Arve resigneddirector
- 2009-01-08➖RAEBURN CHRISTIE CLARK & WALLACE resignedcorporate-secretary
- 2009-01-08➕STRONACHS SECRETARIES LIMITED appointedcorporate-secretary
- 2007-12-21➖WILSON, Charles Alexander resigneddirector
- 2006-12-12➖DENT, Caroline Anne resignedsecretary
- 2006-12-12➕RAEBURN CHRISTIE CLARK & WALLACE appointedcorporate-secretary
- 2006-12-12➕ANGELTVEIT, Bjorn appointeddirector
- 2006-12-12➕BRODAHL, Erik appointeddirector
Showing most recent 50 of 69 events
Owner dependency
68/100
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 16 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
49/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 16 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Proserv Operations Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Proserv Operations Limited
Corporate parent · holds 75-100% shares · board control
⬇
CIRCLE OFFSHORE LIMITED
This company · SC194986
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Proserv Operations Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
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 →Similar companies
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|---|---|---|---|---|---|---|---|
| BELFAST & LIVERPOOL LP→ SL015095 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| BROWNIELEYS RENEWABLES LLP→ SO303878 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| CAP CORSE LP→ SL028200 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| CHESTER RESIDENCE LIMITED→ SC305010 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| CK BEAUTY THERAPY LIMITED→ SC654866 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| CLASSY CLEANING CREW LLP→ SO307314 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| CLEAN GROWTH INVESTMENT CARRIED INTEREST II LP→ SL036853 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| CLINTON SKENE (BUILDING CONTRACTORS) LIMITED→ SC055703 · est 1974 · no financials extracted | — | — | — | — | 51y | — | — |
| CLOCHNAHILL ENERGY LLP→ SO303137 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| COFFEE COO LIMITED→ SC779086 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| COGLE MOSS RENEWABLES LLP→ SO304944 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| COIN LAB VC I CARRY LP→ SL032760 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated1999-04-06
Jurisdictionscotland
Primary SIC99999 — SIC 99999
Registered office
Blackwood House
Union Grove Lane
Aberdeen
AB10 6XU
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-04-29
Last: 2026-04-15
Officers (4 active · 19 resigned)
LARSSEN, Davis Marc→
Activesecretary · appointed 2011-11-14
View their other companies + combined net worth →
BLACKWOOD PARTNERS LLP→
Activecorporate-secretary · appointed 2011-11-14
View their other companies + combined net worth →
LARSSEN, Davis Marc→
Activedirector · ~55y · appointed 2010-04-26
View their other companies + combined net worth →
SWAN, Ben Christopher→
Activedirector · ~40y · appointed 2025-01-15
View their other companies + combined net worth →
DENT, Caroline Anne→
Resignedsecretary · appointed 1999-07-02 · resigned 2006-12-12
RAEBURN CHRISTIE CLARK & WALLACE→
Resignedcorporate-secretary · appointed 2006-12-12 · resigned 2009-01-08
STRONACHS→
Resignedcorporate-nominee-secretary · appointed 1999-04-06 · resigned 1999-07-02
STRONACHS SECRETARIES LIMITED→
Resignedcorporate-secretary · appointed 2009-01-08 · resigned 2011-11-14
ANGELTVEIT, Bjorn→
Resigneddirector · ~60y · appointed 2006-12-12 · resigned 2009-01-12
ASHTON, Harold Scholes→
Resigneddirector · ~77y · appointed 1999-07-23 · resigned 2009-01-12
BRODAHL, Erik→
Resigneddirector · ~56y · appointed 2006-12-12 · resigned 2010-04-27
COX, Stephen Robert→
Resigneddirector · ~49y · appointed 2016-09-12 · resigned 2019-06-28
DENT, David William→
Resigneddirector · ~72y · appointed 1999-07-02 · resigned 2010-05-30
FRASER, Mark William→
Resigneddirector · ~46y · appointed 2022-06-30 · resigned 2025-01-15
GJERDE, Orjan→
Resigneddirector · ~57y · appointed 2006-12-12 · resigned 2010-05-20
HORSLEY, Erich Allen→
Resigneddirector · ~54y · appointed 2010-04-26 · resigned 2014-12-09
LAMONT, David Turch→
Resigneddirector · ~66y · appointed 2011-09-12 · resigned 2018-05-14
MONTGOMERY, Stuart George→
Resigneddirector · ~72y · appointed 2003-12-18 · resigned 2006-07-27
RENNIE, David Alan→
Resignednominee-director · ~73y · appointed 1999-04-06 · resigned 1999-06-24
SAIER, Ruben→
Resigneddirector · ~71y · appointed 2010-04-26 · resigned 2011-09-12
Click a director name to see their full track record across all companies.
Mortgages & charges
6
Total charges
0
Outstanding
0
Active lenders
Status:Lender:6 of 6 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | HSBC Hsbc Corporate Trustee Company (UK) Limited | Bond & floating charge | 1 property | 08/12/2012 | 23/12/2014 | |
| satisfied | HSBC Hsbc Corporate Trustee Company (UK) Limited | Debenture | 1 property | 08/12/2012 | 23/12/2014 | |
| satisfied | Haymarket Financial Haymarket Financial LLP | Floating charge | 1 property | 20/06/2011 | 20/12/2012 | |
| satisfied | Pressure Products Group Pressure Products Group Limited | Bond & floating charge | 1 property | 05/07/1999 | 24/06/2003 | |
| satisfied | Circle Technical Services Circle Technical Services Limited | Bond & floating charge | 1 property | 05/07/1999 | 24/06/2003 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 05/07/1999 | 23/06/2011 |
Recent filings (175 total)
accounts-with-accounts-type-full
accounts · AA
2026-04-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-07
appoint-person-director-company-with-name-date
officers · AP01
2025-01-27
termination-director-company-with-name-termination-date
officers · TM01
2025-01-27
accounts-with-accounts-type-full
accounts · AA
2024-10-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-09
accounts-with-accounts-type-full
accounts · AA
2023-10-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-06
accounts-with-accounts-type-full
accounts · AA
2022-08-05
appoint-person-director-company-with-name-date
officers · AP01
2022-07-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-06
accounts-with-accounts-type-full
accounts · AA
2021-08-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-12