RB MARINE SERVICES LTD

💤Zombieactive

SC309430 · ltd · incorporated 2006-09-29

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

£2.12M

book net assets

Opportunity

73/100

Strong

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What this business does

Primary activity: SIC 33150

Sector: Manufacturing

Investor take

Pursue

Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 73/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (58/100).

🏦

Refinance opportunity

3 live charges · 3 lenders · oldest 6.4y

15/100

under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

· Oldest live charge is 6.4 years old — likely at or near maturity.
· 3 lenders named — inter-creditor friction likely.
· Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (79/100)

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

Lenders & charges

3 charges (3/3 with lender, 3/3 with type)

Directors & officers

8 officers (2 active, 8 linked, 3 with DOB)

Ownership & PSC

1 active PSC(s) of 2 total, 2 with control declared

Director network

4 connected companies via shared directors

Filing history

71 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

73/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £2,121,372

Net assets shrinking

Down £16,536 YoY

Cash YoY

+45%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£12k

↑ 45% YoY

Net Worth

£2.1m

~ YoY

Current Assets

£2.2m

↓ 11% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-03-31	2024-03-31
Total assets	£2.20M	£2.23M
Current assets	£2.16M	£2.43M
Cash	£12.0k	£8.2k
Debtors	£2.10M	£2.37M
Net assets	£2.12M	£2.14M

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

filings

Last 90 days

filing

• 1 persons-with-significant-control

Last 180 days

filings

• 1 persons-with-significant-control
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (39 events)Click to expand

2026-03-10
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-12-19
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-04
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-20
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-29
📄
mortgage-satisfy-charge-full
mortgage · MR04
2023-08-29
🔓
Charge satisfied #1
2023-01-24
📄
mortgage-satisfy-charge-full
mortgage · MR04
2023-01-24
🔓
Charge satisfied #2
2022-12-22
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-22
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-12-20
🔒
Charge registered #3
Lender: Allica Bank Limited
2022-05-20
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-05-09
➖
BRUCE, Donald James resigned
director
2021-12-22
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-01
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-03-09
✏️
certificate-change-of-name-company
change-of-name · CERTNM
2020-03-09
📄
resolution
resolution · RESOLUTIONS
2020-02-19
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-02-19
📄
change-person-secretary-company-with-change-date
officers · CH03
2020-02-19
📄
change-person-director-company-with-change-date
officers · CH01
2020-02-19
📄
change-person-director-company-with-change-date
officers · CH01
2020-01-07
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2020-01-06
🔒
Charge registered #2
Lender: Clydesdale Bank PLC
2019-12-20
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2019-12-17
➕
REID, Sharalee appointed
secretary
2019-12-17
➕
REID, Craig appointed
director
2019-12-17
➖
FRANCIS, Jean resigned
secretary
2019-12-17
➕
BRUCE, Donald James appointed
director
2019-12-17
➖
BRUCE, Donald Robert Mcindewar resigned
director
2019-12-17
🔒
Charge registered #1
Lender: Drb Marine Services LTD.
2006-09-29
🏢
Company incorporated
As RB MARINE SERVICES LTD
2006-09-29
➕
FRANCIS, Jean appointed
secretary
2006-09-29
➕
PETER TRAINER COMPANY SECRETARIES LTD. appointed
corporate-nominee-secretary
2006-09-29
➖
PETER TRAINER COMPANY SECRETARIES LTD. resigned
corporate-nominee-secretary
2006-09-29
➕
BRUCE, Donald Robert Mcindewar appointed
director
2006-09-29
➕
PETER TRAINER COMPANY SECRETARIES LTD. appointed
corporate-nominee-director
2006-09-29
➖
PETER TRAINER COMPANY SECRETARIES LTD. resigned
corporate-nominee-director
2006-09-29
➕
PETER TRAINER CORPORATE SERVICES LTD. appointed
corporate-nominee-director
2006-09-29
➖
PETER TRAINER CORPORATE SERVICES LTD. resigned
corporate-nominee-director

Owner dependency

75/100

High — earn-out structure required

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

FACTORS

+Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

55/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
secondaryStable-but-static management: Company is 20 years old and no new directors in the last 3 years — succession not yet being planned internally.

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

Reid Holdings (Scotland) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Reid Holdings (Scotland) Limited

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

ultimate parent

⬇

RB MARINE SERVICES LTD

This company · SC309430

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
Reid Holdings (Scotland) Limited Corporate entity	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	17/12/2019

1 historic (ceased) PSC

Mr Donald Robert Mcindewar Bruceceased 17/12/2019· 75-100% shares · 75-100% voting

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 · G postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
TREEGREEN LIMITED→ SC333763 · est 2007 · no financials extracted	—	—	—	—	18y	—	—
TREND SPORTS LTD→ SC856880 · est 2025 · no financials extracted	—	—	—	—	—	—	—
TRI GROUP LIMITED→ SC102050 · est 1986 · no financials extracted	—	—	—	—	39y	—	—
TRT COOLING LTD→ SC628216 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
TRU 2 LEVEL LTD→ SC751114 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
TUAL TECHNOLOGY LTD→ SC767622 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
TUMBLEVISION GAMES LTD→ SC853272 · est 2025 · no financials extracted	—	—	—	—	—	—	—
TUNEUP LTD→ SC693598 · est 2021 · no financials extracted	—	—	—	—	5y	—	—
TURUK OIL AND GAS DEVELOPMENT CO LTD→ SC613976 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
TWM JOINERS T/A MURF PRO DEVELOP BUILDERS LTD→ SC639482 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
U.K. SECURITY SYSTEMS LTD.→ SC261431 · est 2004 · no financials extracted	—	—	—	—	22y	—	—
U.S AVIATION SERVICES LTD→ SC743362 · est 2022 · no financials extracted	—	—	—	—	3y	—	—

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

Incorporated2006-09-29

Jurisdictionscotland

Primary SIC33150 — SIC 33150

Registered office

New Barremman Farm Shore Road

Clynder

Helensburgh

G84 0QN

Scotland

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-10-13

Last: 2025-09-29

Officers (2 active · 6 resigned)

REID, Sharalee→

secretary · appointed 2019-12-17

View their other companies + combined net worth →

Active

REID, Craig→

director · ~56y · appointed 2019-12-17

View their other companies + combined net worth →

Active

FRANCIS, Jean→

secretary · appointed 2006-09-29 · resigned 2019-12-17

Resigned

PETER TRAINER COMPANY SECRETARIES LTD.→

corporate-nominee-secretary · appointed 2006-09-29 · resigned 2006-09-29

Resigned

BRUCE, Donald James→

director · ~29y · appointed 2019-12-17 · resigned 2022-05-09

Resigned

BRUCE, Donald Robert Mcindewar→

director · ~65y · appointed 2006-09-29 · resigned 2019-12-17

Resigned

PETER TRAINER COMPANY SECRETARIES LTD.→

corporate-nominee-director · appointed 2006-09-29 · resigned 2006-09-29

Resigned

PETER TRAINER CORPORATE SERVICES LTD.→

corporate-nominee-director · appointed 2006-09-29 · resigned 2006-09-29

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:3 of 3 shown

		Type	Properties
outstanding	Allica Bank Allica Bank Limited	A registered charge	—	20/12/2022	—
satisfied	Virgin Money Clydesdale Bank PLC	A registered charge	1 property	06/01/2020	24/01/2023
satisfied	Drb Marine Services . Drb Marine Services LTD.	A registered charge	—	17/12/2019	29/08/2023

Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (71 total)

change-to-a-person-with-significant-control

persons-with-significant-control · PSC05

2026-03-10

accounts-with-accounts-type-total-exemption-full

accounts · AA

2025-12-19

confirmation-statement-with-updates

confirmation-statement · CS01

2025-09-30

accounts-with-accounts-type-total-exemption-full

accounts · AA

2024-10-04

confirmation-statement-with-updates

confirmation-statement · CS01

2024-10-02

accounts-with-accounts-type-total-exemption-full

accounts · AA

2023-12-20

confirmation-statement-with-updates

confirmation-statement · CS01

2023-10-02

mortgage-satisfy-charge-full

mortgage · MR04

2023-08-29

mortgage-satisfy-charge-full

mortgage · MR04

2023-01-24

accounts-with-accounts-type-total-exemption-full

accounts · AA

2022-12-22

mortgage-create-with-deed-with-charge-number-charge-creation-date

mortgage · MR01

2022-12-22

confirmation-statement-with-updates

confirmation-statement · CS01

2022-10-03

termination-director-company-with-name-termination-date

officers · TM01

2022-05-20

accounts-with-accounts-type-total-exemption-full

accounts · AA

2021-12-22

confirmation-statement-with-updates

confirmation-statement · CS01

2021-09-30