HELIX WELL OPS (U.K.) LIMITED

🌳Matureactive

SC231293 · ltd · incorporated 2002-05-09

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

80/100

Exceptional

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What this business does

Primary activity: Other business support service activities n.e.c.

Sector: Administrative & support services

Investor take

Pursue

Active trading company with a 72-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 67/100. Strong seller-intent signal (63/100, director aged 72). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

7 live charges · 3 lenders · oldest 5.8y

35/100

too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

· Oldest live charge is 5.8 years old — likely at or near maturity.
· 3 lenders named — inter-creditor friction likely.
· Legal-friction score 30/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (61/100)

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

Lenders & charges

7 charges (7/7 with lender, 7/7 with type)

Directors & officers

16 officers (5 active, 16 linked, 12 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

14 connected companies via shared directors

Filing history

105 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (57 events)Click to expand

2025-07-23
📄
accounts-with-accounts-type-full
accounts · AA
2024-09-10
📄
accounts-with-accounts-type-full
accounts · AA
2023-11-17
📄
accounts-with-accounts-type-full
accounts · AA
2022-11-07
📄
accounts-with-accounts-type-full
accounts · AA
2022-02-03
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-02-01
🔒
Charge registered #7
Lender: Bank of America, N.A.
2021-10-15
📄
mortgage-satisfy-charge-full
mortgage · MR04
2021-10-15
📄
mortgage-satisfy-charge-full
mortgage · MR04
2021-10-15
📄
mortgage-satisfy-charge-full
mortgage · MR04
2021-10-15
📄
mortgage-satisfy-charge-full
mortgage · MR04
2021-10-15
🔓
Charge satisfied #4
2021-10-15
🔓
Charge satisfied #3
2021-10-15
🔓
Charge satisfied #2
2021-10-15
🔓
Charge satisfied #1
2021-10-14
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-10-14
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-10-06
📄
accounts-with-accounts-type-full
accounts · AA
2021-09-30
🔒
Charge registered #6
Lender: Bank of America, N.A. (As Agent)
2021-09-30
🔒
Charge registered #5
Lender: Bank of America, N.A. (As Agent)
2020-11-10
📄
accounts-with-accounts-type-full
accounts · AA
2020-08-03
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2020-08-03
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2020-08-03
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2020-08-03
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2020-07-31
🔒
Charge registered #4
Lender: Bank of America, N.A. as Administrative Agent
2020-07-31
🔒
Charge registered #3
Lender: Bank of America, N.A. as Administrative Agent
2020-07-31
🔒
Charge registered #2
Lender: Bank of America, N.A. as Administrative Agent
2020-07-31
🔒
Charge registered #1
Lender: Bank of America, N.A. as Administrative Agent
2019-05-29
📄
accounts-with-accounts-type-full
accounts · AA
2019-05-01
➕
NEIKIRK, Kenneth English appointed
director
2019-05-01
➖
JOHNSON, Alisa Berne resigned
director
2018-02-14
➕
MCCAUL, Craig appointed
director
2013-04-10
➖
HAJDIK, Lloyd resigned
director
2012-08-16
➕
PINSENT MASONS SECRETARIAL LIMITED appointed
corporate-secretary
2012-08-16
➖
MD SECRETARIES LIMITED resigned
corporate-nominee-secretary
2011-05-26
➕
NAIRN, Stephen appointed
director
2011-05-13
➖
MORRICE, William Edgar resigned
director
2011-01-21
➖
HEIJERMANS, Bart Herman resigned
director
2009-10-18
➕
MORRICE, William Edgar appointed
director
2008-10-24
➖
BUSTER III, H Clifford resigned
director
2008-10-24
➕
HAJDIK, Lloyd appointed
director
2008-02-04
➕
KRATZ, Owen Eugene appointed
director
2008-02-04
➖
FERRON, Martin Robert resigned
director
2007-11-05
➕
HEIJERMANS, Bart Herman appointed
director
2007-11-05
➖
KRATZ, Owen Eugene resigned
director
2007-05-01
➕
BUSTER III, H Clifford appointed
director
2006-09-25
➕
JOHNSON, Alisa Berne appointed
director
2006-08-31
➖
CONNOR III, James Lewis resigned
director
2006-04-01
➕
MD SECRETARIES LIMITED appointed
corporate-nominee-secretary
2006-03-31
➖
LEDINGHAM CHALMERS resigned
corporate-nominee-secretary

Showing most recent 50 of 57 events

Owner dependency

65/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

-4 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 72 — succession pressure is live.

Succession & seller-readiness

83/100

Likely off-market candidate

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

SIGNALS

primaryFounder aged 70+: Senior director is approximately 72 years old. Natural succession window is now.
secondary12+ year tenure: Director in role 18 years.
secondaryStable-but-static management: Company is 24 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 med ·

Charge satisfaction-then-recreation pattern

medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Helix Energy Solutions (U.K.) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Helix Energy Solutions (U.K.) Limited

Corporate parent · holds 75-100% shares · board control

ultimate parent

⬇

HELIX WELL OPS (U.K.) LIMITED

This company · SC231293

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
Helix Energy Solutions (U.K.) 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

Active · Trade services · AB postcode area

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UNIQUE SYSTEM (UK) LIMITED→ SC356252 · est 2009	£28.64M £21.48M–£35.80M	£23.27M	—	3800	17y	95	65y
UNITY WELL INTEGRITY UK LIMITED→ SC273906 · est 2004	£5.70M £4.27M–£7.12M	—	—	8200	21y	84	62y
JAMES JAMIESON CONSTRUCTION LIMITED→ SC386496 · est 2010	£2.69M £2.02M–£3.36M	£13.65M	—	3800	15y	84	68y
CASTLETON FRUIT LTD.→ SC369372 · est 2009	£2.18M £1.63M–£2.72M	£15.34M	—	30100	16y	83	52y
MINTRA LTD→ SC362194 · est 2009	£1.21M £909.4k–£1.52M	£11.76M	—	7500	16y	85	62y
PARK AND SHINE LTD→ SC380696 · est 2010	£52.9k £39.7k–£66.1k	—	—	300	15y	85	75y
NORTH OFFSHORE LIMITED→ SC328499 · est 2007	—	—	£4.74M	—	18y	88	73y
ACUMEN FINANCIAL PLANNING LIMITED→ SC215343 · est 2001	—	—	£1.05M	—	25y	83	74y
ANIRAC LIMITED→ SC280789 · est 2005	—	—	£1.67M	—	21y	83	85y
ASHLEY PROPERTIES ABERDEEN LIMITED→ SC315836 · est 2007 · no financials extracted	—	—	—	—	19y	83	78y
BUILDTALL LIMITED→ SC235986 · est 2002	—	—	£4.39M	—	23y	83	59y
DRUMMUIR & BOTRIPHNIE COMMUNITY TRUST→ SC273043 · est 2004 · no financials extracted	—	—	—	—	21y	83	67y

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.

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Company details

Statusactive

Typeltd

Incorporated2002-05-09

Jurisdictionscotland

Primary SIC82990 — Other business support service activities n.e.c.

Registered office

13 Queen's Road

Aberdeen

AB15 4YL

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2026-05-23

Last: 2025-05-09