SEA GEAR SUPPLIES LIMITED

🌳Matureactive
SC275359 · ltd · incorporated 2004-10-29
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
£689.2k
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: Other retail sale of new goods in specialised stores (other than commercial art galleries and opticians)
Sector: Wholesale & retail
Investor take
Pursue
Asset-holding vehicle with a 66-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 66). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (76/100)

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
5 officers (4 active, 5 linked, 3 with DOB)
82
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
56 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 · FRS 102
Positive net assets
Net assets £689,179
Cash YoY
+72%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£422k
↑ 72% YoY
Net Worth
£689k
↑ 12% YoY
Current Assets
£1.0m
↑ 22% YoY
Current Liabilities
£0£207k£414k£621k£827k£1.0mMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Total assets£693.6k£622.8k
Current assets£1.03M£846.9k
Cash£422.4k£245.8k
Debtors£270.3k£268.1k
Net assets£689.2k£616.9k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2025-12-19
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2025-09-12
    📍
    move-registers-to-sail-company-with-new-address
    address · AD03
  3. 2024-12-20
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  4. 2023-12-22
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  5. 2022-12-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  6. 2021-12-29
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  7. 2021-01-14
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  8. 2019-11-19
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  9. 2018-07-18
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  10. 2017-12-22
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  11. 2016-12-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2015-12-31
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2015-09-02
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2014-12-31
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2014-09-01
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2014-03-18
    TAYLOR, Colin appointed
    director
  17. 2014-03-18
    YOUNG, Lisel appointed
    director
  18. 2004-10-29
    🏢
    Company incorporated
    As SEA GEAR SUPPLIES LIMITED
  19. 2004-10-29
    TAYLOR, Colin appointed
    secretary
  20. 2004-10-29
    TAYLOR, Inga Christine appointed
    director
  21. 2004-10-29
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  22. 2004-10-29
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary

Owner dependency

83/100
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
  • +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 66 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

80/100
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 66. Approaching typical UK retirement age — succession thinking likely.
  • primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 22 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
NameSharesVoting rightsNature of controlNotified
Mrs Inga Christine Taylor
Individual · British · DOB 09/1961 · age 65
2550%
25–50%board control25-50% shares · 25-50% voting · board control06/04/2016
Mr Colin Taylor
Individual · Scottish · DOB 10/1960 · age 66
2550%
25–50%board control25-50% shares · 25-50% voting · board control06/04/2016

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
Incorporated2004-10-29
Jurisdictionscotland
Primary SIC47789 — Other retail sale of new goods in specialised stores (other than commercial art galleries and opticians)

Registered office

Wayward House
Upper Crantit Road
Kirkwall
Orkney
KW15 1RW

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-09-15
Last: 2025-09-01

Officers (4 active · 1 resigned)

TAYLOR, Colin
secretary · appointed 2004-10-29
View their other companies + combined net worth →
Active
TAYLOR, Colin
director · ~66y · appointed 2014-03-18
View their other companies + combined net worth →
Active
TAYLOR, Inga Christine
director · ~65y · appointed 2004-10-29
View their other companies + combined net worth →
Active
YOUNG, Lisel
director · ~43y · appointed 2014-03-18
View their other companies + combined net worth →
Active
OSWALDS OF EDINBURGH LIMITED
corporate-nominee-secretary · appointed 2004-10-29 · resigned 2004-10-29
Resigned

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

Recent filings (56 total)

accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-12
move-registers-to-sail-company-with-new-address
address · AD03
2025-09-12
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-03
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-12-22
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-18
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-06
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-12-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-04
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-01-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-24
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2019-11-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-09-20