SUBSEA TECHNOLOGY & RENTALS LIMITED
🌳Matureactive
SC404769 · ltd · incorporated 2011-08-04
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
74/100
Strong
What this business does
Primary activity: Activities of other holding companies n.e.c.
Sector: Financial & insurance
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.
Opportunity 74/100 (strong), bankability 57/100. 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. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
15 live charges · 6 lenders · oldest 14.5y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 14.5 years old — likely at or near maturity.
- · 6 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (58/100)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
0
Lenders & charges
15 charges (15/15 with lender, 15/15 with type)
90
Directors & officers
9 officers (3 active, 9 linked, 4 with DOB)
79
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
95 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.
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 (61 events)Click to expand
- 2025-07-09📄accounts-with-accounts-type-groupaccounts · AA
- 2025-04-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-04-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-04-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-03-27📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-03-21🔒Charge registered #15Lender: Santander UK PLC (As Security Agent)
- 2025-03-21🔒Charge registered #14Lender: Santander UK PLC (As Security Agent)
- 2025-03-21🔒Charge registered #13Lender: Santander UK PLC (As Security Agent)
- 2025-03-21🔒Charge registered #12Lender: Santander UK PLC (As Security Agent)
- 2025-02-14📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-02-14📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-02-10🔒Charge registered #11Lender: Santander UK PLC (As Security Agent)
- 2025-02-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-02-04🔒Charge registered #10Lender: Santander UK PLC (As Security Agent)
- 2025-02-04🔒Charge registered #9Lender: Santander UK PLC as Security Trustee for the Secured Parties
- 2025-01-24📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-01-24📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-01-24📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-01-24📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-01-24📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-01-24📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-01-24📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-01-24🔓Charge satisfied #8
- 2025-01-24🔓Charge satisfied #7
- 2025-01-24🔓Charge satisfied #6
- 2025-01-24🔓Charge satisfied #5
- 2025-01-24🔓Charge satisfied #4
- 2025-01-24🔓Charge satisfied #3
- 2025-01-24🔓Charge satisfied #2
- 2024-09-26📄accounts-with-accounts-type-groupaccounts · AA
- 2024-01-09📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-12-31➖JOHNSTONE, Scott Ewan Lincon resigneddirector
- 2023-11-14📄accounts-with-accounts-type-groupaccounts · AA
- 2023-04-11📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-04-10➕BANNERMAN, Stuart Charles appointeddirector
- 2022-12-09📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-12-09📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-12-09📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-12-01🔒Charge registered #8Lender: Pnc Business Credit, a Trading Style of Pnc Financial Services UK LTD as Security Agent
- 2022-12-01🔒Charge registered #7Lender: Pnc Business Credit, a Trading Style of Pnc Financial Services UK LTD as Security Agent
- 2022-12-01🔒Charge registered #6Lender: Pnc Business Credit, a Trading Style of Pnc Financial Services UK LTD as Security Agent
- 2022-12-01🔒Charge registered #5Lender: Pnc Business Credit, a Trading Style of Pnc Financial Services UK LTD as Security Agent
- 2022-12-01🔒Charge registered #4Lender: Pnc Business Credit, a Trading Style of Pnc Financial Services UK LTD as Security Agent
- 2022-11-21➕STRONACHS SECRETARIES LIMITED appointedcorporate-secretary
- 2022-11-21➖DENTONS SECRETARIES LIMITED resignedcorporate-secretary
- 2022-03-17➕STEELE, Stephen Samuel James appointeddirector
- 2022-02-02🔓Charge satisfied #1
- 2022-01-14➖GRANT, Elaine Joyce resigneddirector
- 2022-01-14🔒Charge registered #3Lender: Pnc Business Credit a Trading Style of Pnc Financial Services UK LTD as Security Agent
- 2022-01-14🔒Charge registered #2Lender: Pnc Business Credit a Trading Style of Pnc Financial Services UK LTD as Security Trustee for the Secured Parties.
Showing most recent 50 of 61 events
Owner dependency
66/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 64 — approaching natural succession window.
Succession & seller-readiness
56/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 med · 1 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
7 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Group structure
Project Poseidon Bidco Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Project Poseidon Bidco Limited
Corporate parent · holds 75-100% shares · board control
⬇
SUBSEA TECHNOLOGY & RENTALS LIMITED
This company · SC404769
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 |
|---|---|---|---|---|
Project Poseidon Bidco Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 14/01/2022 |
2 historic (ceased) PSCs
- Elaine Grantceased 14/01/2022· 75-100% shares · 75-100% voting · board control
- Scott Johnstoneceased 06/03/2018· 25-50% shares · 25-50% 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 · Holding company · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ROWETT RESEARCH INSTITUTE (THE)→ SC037444 · est 1962 · no financials extracted | — | — | — | — | 64y | — | — |
| RUBY HOLDINGS (ABERDEEN) LIMITED→ SC747054 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| SAVANT FINANCIAL (HOLDINGS) LIMITED→ SC780809 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| SCOTT’S RIGGING & LIFTING LTD→ SC745459 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| SEAGATE FABRICATION HOLDINGS LTD→ SC873277 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| SHELL TRUSTEE SOLUTIONS LIMITED→ SC053009 · est 1973 · no financials extracted | — | — | — | — | 52y | — | — |
| SIRIUS FISHING COMPANY LTD→ SC854542 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| STOREGGA ACORN HOLDINGS LIMITED→ SC453338 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| STRONVAR AEROSPACE UK LIMITED→ SC838488 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| STSM HOLDINGS LTD→ SC783338 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| SURECLEAN MIDDLE EAST LIMITED→ SC851127 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| SWITON & LAWSON LTD→ SC504811 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2011-08-04
Jurisdictionscotland
Primary SIC64209 — Activities of other holding companies n.e.c.
Registered office
28 Albyn Place
Aberdeen
AB10 1YL
United Kingdom
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-08-18
Last: 2025-08-04
Officers (3 active · 6 resigned)
STRONACHS SECRETARIES LIMITED→
Activecorporate-secretary · appointed 2022-11-21
View their other companies + combined net worth →
BANNERMAN, Stuart Charles→
Activedirector · ~64y · appointed 2023-04-10
View their other companies + combined net worth →
STEELE, Stephen Samuel James→
Activedirector · ~53y · appointed 2022-03-17
View their other companies + combined net worth →
BONDLAW SECRETARIES LIMITED→
Resignedcorporate-secretary · appointed 2014-01-28 · resigned 2018-02-28
DENTONS SECRETARIES LIMITED→
Resignedcorporate-secretary · appointed 2018-03-01 · resigned 2022-11-21
LC SECRETARIES LIMITED→
Resignedcorporate-secretary · appointed 2011-08-04 · resigned 2011-08-30
MACLAY MURRAY & SPENS LLP→
Resignedcorporate-secretary · appointed 2011-08-31 · resigned 2014-01-28
GRANT, Elaine Joyce→
Resigneddirector · ~67y · appointed 2011-08-04 · resigned 2022-01-14
JOHNSTONE, Scott Ewan Lincon→
Resigneddirector · ~55y · appointed 2011-11-08 · resigned 2023-12-31
Click a director name to see their full track record across all companies.
Mortgages & charges
15
Total charges
7
Outstanding
1
Active lenders
Status:Lender:15 of 15 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Santander Santander UK PLC (As Security Agent) | A registered charge | 1 property | 21/03/2025 | — | |
| outstanding | Santander Santander UK PLC (As Security Agent) | A registered charge | 1 property | 21/03/2025 | — | |
| outstanding | Santander Santander UK PLC (As Security Agent) | A registered charge | 1 property | 21/03/2025 | — | |
| outstanding | Santander Santander UK PLC (As Security Agent) | A registered charge | 1 property | 21/03/2025 | — | |
| outstanding | Santander Santander UK PLC (As Security Agent) | A registered charge | 1 property | 10/02/2025 | — | |
| outstanding | Santander Santander UK PLC (As Security Agent) | A registered charge | 1 property | 04/02/2025 | — | |
| outstanding | Santander Santander UK PLC as Security Trustee for the Secured Parties | A registered charge | 4 properties | 04/02/2025 | — | |
| satisfied | Pnc Business Credit, a Trading Style of Pnc Financial Services UK as Security Agent Pnc Business Credit, a Trading Style of Pnc Financial Services UK LTD as Security Agent | A registered charge | 1 property | 01/12/2022 | 24/01/2025 | |
| satisfied | Pnc Business Credit, a Trading Style of Pnc Financial Services UK as Security Agent Pnc Business Credit, a Trading Style of Pnc Financial Services UK LTD as Security Agent | A registered charge | 1 property | 01/12/2022 | 24/01/2025 | |
| satisfied | Pnc Business Credit, a Trading Style of Pnc Financial Services UK as Security Agent Pnc Business Credit, a Trading Style of Pnc Financial Services UK LTD as Security Agent | A registered charge | 1 property | 01/12/2022 | 24/01/2025 | |
| satisfied | Pnc Business Credit, a Trading Style of Pnc Financial Services UK as Security Agent Pnc Business Credit, a Trading Style of Pnc Financial Services UK LTD as Security Agent | A registered charge | 1 property | 01/12/2022 | 24/01/2025 | |
| satisfied | Pnc Business Credit, a Trading Style of Pnc Financial Services UK as Security Agent Pnc Business Credit, a Trading Style of Pnc Financial Services UK LTD as Security Agent | A registered charge | 1 property | 01/12/2022 | 24/01/2025 | |
| satisfied | Pnc Business Credit a Trading Style of Pnc Financial Services UK as Security Agent Pnc Business Credit a Trading Style of Pnc Financial Services UK LTD as Security Agent | A registered charge | 1 property | 14/01/2022 | 24/01/2025 | |
| satisfied | Pnc Business Credit a Trading Style of Pnc Financial Services UK as Security Trustee for the Secured Parties. Pnc Business Credit a Trading Style of Pnc Financial Services UK LTD as Security Trustee for the Secured Parties. | A registered charge | 1 property | 14/01/2022 | 24/01/2025 | |
| satisfied | Elaine Grant | Debenture | 1 property | 08/11/2011 | 02/02/2022 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (95 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2025-08-19
accounts-with-accounts-type-group
accounts · AA
2025-07-09
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-04
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-04
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-01
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-03-27
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-02-14
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-02-14
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-02-05
mortgage-satisfy-charge-full
mortgage · MR04
2025-01-24
mortgage-satisfy-charge-full
mortgage · MR04
2025-01-24
mortgage-satisfy-charge-full
mortgage · MR04
2025-01-24
mortgage-satisfy-charge-full
mortgage · MR04
2025-01-24
mortgage-satisfy-charge-full
mortgage · MR04
2025-01-24
mortgage-satisfy-charge-full
mortgage · MR04
2025-01-24