PERENCO NORTH SEA LIMITED

🌳Matureactive

SC293676 · ltd · incorporated 2005-11-25

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

71/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: SIC 06200

Sector: Mining & quarrying

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

Opportunity 71/100 (strong), bankability 77/100. Strong seller-intent signal (60/100, director aged 59). 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

4 live charges · 3 lenders · oldest 17.7y

35/100

too messy

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

· Oldest live charge is 17.7 years old — likely at or near maturity.
· 3 lenders named — inter-creditor friction likely.
· Legal-friction score 38/100 — 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

4 charges (4/4 with lender, 4/4 with type)

Directors & officers

40 officers (7 active, 40 linked, 32 with DOB)

Ownership & PSC

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

Director network

15 connected companies via shared directors

Filing history

147 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

71/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Some moderate concerns — review flags.

Signal strength

100

Good data coverage for analysis.

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (103 events)Click to expand

2025-08-13
📄
accounts-with-accounts-type-full
accounts · AA
2025-07-18
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-07-18
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-07-11
➖
HANNECART, Louis Yves Myriam René resigned
director
2025-07-11
➖
MUSITELLI, Fabien Jean-Charles resigned
director
2025-07-10
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-07-09
➕
RANDALL, Emma Jane appointed
director
2025-05-06
📄
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2025-05-06
⚠️
legacy
insolvency · CAP-SS
2025-05-06
📄
legacy
capital · SH20
2025-05-06
📄
resolution
resolution · RESOLUTIONS
2025-04-08
📄
change-person-director-company-with-change-date
officers · CH01
2025-01-08
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-01-08
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-01-08
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-01-08
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-01-07
➕
BRETON, Baptiste appointed
director
2025-01-07
➕
DUFFY, Paul Fintan appointed
director
2025-01-07
➖
DY, Franck Roland Michel resigned
director
2025-01-01
➖
DU PLESSIS D'ARGENTRÉ, Eric Jéremie resigned
director
2024-10-11
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-10-08
➕
HANNECART, Louis Yves Myriam René appointed
director
2024-10-07
📄
accounts-with-accounts-type-full
accounts · AA
2024-07-17
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-07-17
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-07-10
➕
D'ARGOUGES, Gilles Marie Philippe appointed
director
2024-07-10
➖
COLOMBEL, Emmanuel Marie Patrick resigned
director
2024-06-18
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-06-11
➖
BLANC, Christophe Eugene Edmond Claude resigned
director
2023-10-12
📄
accounts-with-accounts-type-full
accounts · AA
2023-03-31
➕
BLANC, Christophe Eugene Edmond Claude appointed
director
2023-03-31
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-10-21
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-07-01
➕
WHITE, Jonathan Derek appointed
director
2021-07-01
➖
COMBE, Laurent resigned
director
2021-04-12
➖
LE BLANC, Arnaud Loic Marie resigned
director
2021-04-12
➕
MUSITELLI, Fabien Jean-Charles appointed
director
2020-01-31
➖
JAMES, Brian resigned
director
2019-09-13
➕
DU PLESSIS D'ARGENTRÉ, Eric Jéremie appointed
director
2019-09-13
➖
RICHARDSON, Michael resigned
director
2019-05-24
➕
COLOMBEL, Emmanuel Marie Patrick appointed
director
2018-06-08
➖
FALLOWS, Nicholas James resigned
director
2018-03-29
🔓
Charge satisfied #4
2018-03-22
🔓
Charge satisfied #3
2017-12-28
➖
KALLMEYER, Kim resigned
director
2017-09-11
➕
LE BLANC, Arnaud Loic Marie appointed
director
2017-08-18
➕
DAY, Jonathan appointed
secretary
2017-08-18
➕
RICHARDSON, Michael appointed
director
2017-06-15
➖
SULLIVAN, Elisabeth Sarah resigned
secretary
2017-04-18
➕
COMBE, Laurent appointed
director

Showing most recent 50 of 103 events

Owner dependency

58/100

Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS

-6 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 15 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 59 — approaching natural succession window.

Succession & seller-readiness

53/100

Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
secondary12+ year tenure: Director in role 15 years.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 high · 2 med ·

1 insolvency-related filing on record

high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2025-05-06: legacy

2 director resignations in last 12 months

medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: HANNECART, Louis Yves Myriam René resigned 2025-07-11; MUSITELLI, Fabien Jean-Charles resigned 2025-07-11

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

Perenco Uk Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Perenco Uk Limited

Corporate parent · holds 75-100% shares

ultimate parent

⬇

PERENCO NORTH SEA LIMITED

This company · SC293676

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
Perenco Uk Limited Corporate entity	75–100%	—	75-100% shares	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 · Manufacturing · EH postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
PACE PRINT (EDINBURGH) LIMITED→ SC100481 · est 1986 · no financials extracted	—	—	—	—	39y	—	—
PATIENCE JEWELLERY LIMITED→ SC372932 · est 2010 · no financials extracted	—	—	—	—	16y	—	—
PENTLAND BLACKSMITHS LTD→ SC653594 · est 2020 · no financials extracted	—	—	—	—	6y	—	—
PENTLAND MEDICAL LTD.→ SC223422 · est 2001 · no financials extracted	—	—	—	—	24y	—	—
PENTLAND SERVICES (UK) LTD→ SC388948 · est 2010 · no financials extracted	—	—	—	—	15y	—	—
PIPE BINDERS LTD→ SC673996 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
PROTON POWER LIMITED→ SC562956 · est 2017 · no financials extracted	—	—	—	—	9y	—	—
PROTOSHAPE LIMITED→ SC560045 · est 2017 · no financials extracted	—	—	—	—	9y	—	—
PUMPMASTERS LIMITED→ SC100605 · est 1986 · no financials extracted	—	—	—	—	39y	—	—
PUNDIT CONSOOMER LIMITED→ SC746661 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
PYBC DESIGN LIMITED→ SC781991 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
Q-DOC LTD→ SC874555 · est 2026 · no financials extracted	—	—	—	—	—	—	—

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

Incorporated2005-11-25

Jurisdictionscotland

Primary SIC06200 — SIC 06200

Registered office

C/O Dwf Llp

2 Semple Street

Edinburgh

EH3 8BL

Scotland

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2026-12-09

Last: 2025-11-25