FJG SUBSEA LTD
Opportunity 74/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. 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.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £52.1k | £65.9k |
| Current assets | £79.1k | £98.4k |
| Net assets | £52.1k | £65.9k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
2 signals 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
- • 1 accounts
Corporate timeline (18 events)Click to expand
- 2025-12-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-12-02📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-08-08📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-10-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-11-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-12-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-12-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-12-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-09-15📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2017-07-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-09-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2015-10-07📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2015-09-15📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-11-14📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2014-09-16📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-09-15🏢Company incorporatedAs FJG SUBSEA LTD
- 2011-09-15➕GOULDING, David Christopher appointeddirector
- 2011-09-15➕GOULDING, Sally Ann appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 15 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- 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
cleanShareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr David Christopher Goulding Individual · British · DOB 04/1981 · age 45 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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6 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 →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
Registered office
Filing status
Officers (2 active · 0 resigned)
Click a director name to see their full track record across all companies.