EWAN ROBSON SUBSEA LIMITED
💤Zombieactive
SC288429 · ltd · incorporated 2005-08-03
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: SIC 09100
Sector: Mining & quarrying
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 77/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
2 live charges · oldest 18.8y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 18.8 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (78/100)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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
4 officers (1 active, 4 linked, 1 with DOB)
75
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
52 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Average employees | 100 | 100 |
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
0
filings
Last 180 days
2
filings
- • 1 officers
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
- 2026-01-08📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2025-12-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-08-31➖ROBSON, Elizabeth resignedsecretary
- 2024-12-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-08-10📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2023-08-10📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2023-08-01➕ROBSON, Elizabeth appointedsecretary
- 2023-08-01➖ROBSON, Marion Mary resignedsecretary
- 2022-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-03-09📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2021-03-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-05-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-03-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-03-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-02-09📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-04-08📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2007-07-16🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 2007-07-05🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2005-08-25➕ROBSON, Marion Mary appointedsecretary
- 2005-08-25➖FAIRCLOUGH ACCOUNTANCY SERVICES LTD resignedcorporate-secretary
- 2005-08-03🏢Company incorporatedAs EWAN ROBSON SUBSEA LIMITED
- 2005-08-03➕ROBSON, Ewan Grant appointeddirector
- 2005-08-03➕FAIRCLOUGH ACCOUNTANCY SERVICES LTD appointedcorporate-secretary
Owner dependency
100/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
- +Founder name in company name: Company name contains director surname "ROBSON" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
75/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 21 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Ewan Grant Robson Individual · British · DOB 11/1974 · age 52 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 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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|---|---|---|---|---|---|---|---|
| AMBICO OFFSHORE LIMITED→ SC400323 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| B WHITT LTD→ SC489991 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| BLUE BOY SERVICES LIMITED→ SC541705 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| CARSE SERVICES LTD→ SC350659 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| DM ELECTRICAL ACCESS SERVICES LTD→ SC509540 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| DRAGONFLY YURTS LIMITED→ SC503737 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| DTC ENGINEERING LTD→ SC835822 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| E.P. ENGINEERING COMPANY (DUNDEE) LIMITED→ SC063906 · est 1978 · no financials extracted | — | — | — | — | 48y | — | — |
| EDINBURGH SASH WINDOWS LTD→ SC627221 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| ETHANIEL LTD→ SC663378 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| F SUTHERLAND LIMITED→ SC309444 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| F X SIMULATION OPERATING LTD→ SC340323 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
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
Incorporated2005-08-03
Jurisdictionscotland
Primary SIC09100 — SIC 09100
Registered office
64 West High Street
Forfar
Angus
DD8 1BJ
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-08-17
Last: 2025-08-03
Officers (1 active · 3 resigned)
ROBSON, Ewan Grant→
Activedirector · ~52y · appointed 2005-08-03
View their other companies + combined net worth →
ROBSON, Elizabeth→
Resignedsecretary · appointed 2023-08-01 · resigned 2025-08-31
ROBSON, Marion Mary→
Resignedsecretary · appointed 2005-08-25 · resigned 2023-08-01
FAIRCLOUGH ACCOUNTANCY SERVICES LTD→
Resignedcorporate-secretary · appointed 2005-08-03 · resigned 2005-08-25
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 16/07/2007 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 05/07/2007 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (52 total)
termination-secretary-company-with-name-termination-date
officers · TM02
2026-01-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-10
appoint-person-secretary-company-with-name-date
officers · AP03
2023-08-10
termination-secretary-company-with-name-termination-date
officers · TM02
2023-08-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-09
change-account-reference-date-company-current-shortened
accounts · AA01
2021-03-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-04