SUBSEA UMBILICAL ENGINEERING SERVICES LTD

💤Zombieactive

SC317787 · ltd · incorporated 2007-03-06

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.

Why now

Window steady · low confidence

Steady and stalled — no momentum either way. Needs an approach trigger.

What changed my view

Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

£8.4k

book net assets

Opportunity

75/100

Strong

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What this business does

Primary activity: SIC 09100

Sector: Mining & quarrying

Investor take

Pursue

Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 75/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

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

Lenders & charges

Confirmed no charges registered

Directors & officers

3 officers (2 active, 3 linked, 1 with DOB)

Ownership & PSC

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

Director network

3 connected companies via shared directors

Filing history

51 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

75/100Strong

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

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £8,448

Net assets shrinking

Down £73 YoY

Cash YoY

+10%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£35k

↑ 10% YoY

Net Worth

£8k

~ YoY

Current Assets

£46k

↑ 14% 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	£8.4k	£8.5k
Current assets	£46.1k	£40.6k
Cash	£34.6k	£31.3k
Debtors	£11.6k	£9.3k
Net assets	£8.4k	£8.5k

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

filings

Last 180 days

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (20 events)Click to expand

2025-12-09
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-15
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accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-05
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accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-07
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-07
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-03
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-11-13
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-11-09
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2016-11-14
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2016-04-26
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-08-20
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-04-06
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-12-05
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-05-01
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-08-02
➖
GRANT SMITH LAW PRACTICE resigned
corporate-secretary
2011-08-01
➕
GRANT SMITH LAW PRACTICE LIMITED appointed
corporate-secretary
2007-03-06
🏢
Company incorporated
As SUBSEA UMBILICAL ENGINEERING SERVICES LTD
2007-03-06
➕
BOYLAN, Paul Michael appointed
director
2007-03-06
➕
GRANT SMITH LAW PRACTICE appointed
corporate-secretary

Owner dependency

85/100

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

+Sole director: Only one active director — all governance concentrated on one person.
+Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

68/100

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.
secondary12+ year tenure: Director in role 19 years.
secondaryStable-but-static management: Company is 19 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 · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mr Paul Michael Boylan Individual · British · DOB 11/1971 · age 55	25–50%	75–100%	75-100% shares · 75-100% voting	06/04/2016
Mrs Allicia Margaret Boylan Individual · British · DOB 07/1977 · age 49	25–50%	—	25-50% 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 · AB postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
GRAY & ADAMS LIMITED→ SC047482 · est 1970	£75.13M £58.44M–£91.83M	—	—	502	56y	87	71y
GRAY & ADAMS GROUP LIMITED→ SC230241 · est 2002	£53.82M £41.86M–£65.78M	—	—	0	24y	85	71y
GRAY & ADAMS (DUNFERMLINE) LIMITED→ SC082971 · est 1983	£17.07M £13.28M–£20.87M	—	—	106	43y	85	71y
GRAY & ADAMS (DONCASTER) LIMITED→ SC128013 · est 1990	£16.62M £12.93M–£20.32M	—	—	101	35y	87	71y
INTERWELL LIMITED→ SC391140 · est 2011	£10.98M £8.54M–£13.42M	£33.44M	—	7800	15y	91	60y
EBLAST LIMITED→ SC202165 · est 1999	£8.03M £6.24M–£9.81M	£11.11M	—	7400	26y	88	57y
DALES ENGINEERING SERVICES LIMITED→ SC107948 · est 1987	£6.22M £4.84M–£7.60M	£21.87M	—	11000	38y	93	70y
SUPERIOR ENERGY SERVICES LIMITED→ SC259694 · est 2003	£6.15M £4.78M–£7.51M	£1.45M	—	1500	22y	94	60y
IMENCO UK LIMITED→ SC372021 · est 2010	£5.97M £4.64M–£7.29M	£17.33M	—	11500	16y	95	71y
TGT OILFIELD SERVICES UK LIMITED→ SC427554 · est 2012	£2.26M £1.76M–£2.76M	£9.93M	—	3000	13y	84	61y
VECTOR SUPPLIES LIMITED→ SC103810 · est 1987	£1.63M £1.27M–£1.99M	—	—	16	39y	85	71y
DALES 2002 LIMITED→ SC234880 · est 2002	£1.27M £990.2k–£1.56M	—	—	0	23y	83	70y

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

Incorporated2007-03-06

Jurisdictionscotland

Primary SIC09100 — SIC 09100

Registered office

Amicable House, 252 Union Street

Aberdeen

Aberdeenshire

AB10 1TN

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-03-20

Last: 2026-03-06

Officers (2 active · 1 resigned)

GRANT SMITH LAW PRACTICE LIMITED→

corporate-secretary · appointed 2011-08-01

View their other companies + combined net worth →

Active

BOYLAN, Paul Michael→

director · ~55y · appointed 2007-03-06

View their other companies + combined net worth →

Active

GRANT SMITH LAW PRACTICE→

corporate-secretary · appointed 2007-03-06 · resigned 2011-08-02

Resigned

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