EUROPEAN SEAPLANES LIMITED

💤Zombieactive
SC440395 · ltd · incorporated 2013-01-15
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 Jan 2025
Net worth
book net assets
Opportunity
69/100
Strong
🔔
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What this business does
Primary activity: SIC 51102
Sector: Transportation & storage
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 69/100 (strong), bankability 65/100. Strong seller-intent signal (63/100, director aged 69). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (73/100).

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
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (1 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
28 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Jan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-01-312024-01-31

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
1
filing
  • 1 gazette
Last 90 days
1
filing
  • 1 gazette
Last 180 days
2
filings
  • 1 gazette
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2026-04-28
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  2. 2025-10-31
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2024-10-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2023-03-21
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2023-01-17
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2023-01-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2021-10-18
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2021-01-28
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2019-10-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2018-10-31
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2017-10-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2017-09-19
    DRYMEN ROAD COMPANY SECRETARIES LIMITED resigned
    corporate-secretary
  13. 2017-09-19
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  14. 2016-09-09
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2016-01-20
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2015-10-19
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  17. 2015-02-17
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2013-01-15
    🏢
    Company incorporated
    As EUROPEAN SEAPLANES LIMITED
  19. 2013-01-15
    WEST, David appointed
    director
  20. 2013-01-15
    DRYMEN ROAD COMPANY SECRETARIES LIMITED appointed
    corporate-secretary

Owner dependency

90/100
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.
  • +Founder age: Director aged approximately 69 — succession pressure is live.

Succession & seller-readiness

73/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 13 years.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-01-28

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr David West
Individual · British · DOB 07/1957 · age 69
75100%
75–100%75-100% shares · 75-100% voting06/04/2016

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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 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
Incorporated2013-01-15
Jurisdictionscotland
Primary SIC51102 — SIC 51102

Registered office

Titanium 1 Kings Inch Place
Renfrew
PA4 8WF
Scotland

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-01-28OVERDUE
Last: 2025-01-14

Officers (1 active · 1 resigned)

WEST, David
director · ~69y · appointed 2013-01-15
View their other companies + combined net worth →
Active
DRYMEN ROAD COMPANY SECRETARIES LIMITED
corporate-secretary · appointed 2013-01-15 · resigned 2017-09-19
Resigned

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

Recent filings (28 total)

gazette-notice-compulsory
gazette · GAZ1
2026-04-28
accounts-with-accounts-type-dormant
accounts · AA
2025-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-27
accounts-with-accounts-type-dormant
accounts · AA
2024-10-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-21
accounts-with-accounts-type-dormant
accounts · AA
2023-03-21
accounts-with-accounts-type-dormant
accounts · AA
2023-01-17
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-01-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-07
accounts-with-accounts-type-dormant
accounts · AA
2021-10-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-02
accounts-with-accounts-type-dormant
accounts · AA
2021-01-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-02-27
accounts-with-accounts-type-dormant
accounts · AA
2019-10-30