THE NEW STEAMBOAT LIMITED

🌳Matureactive
SC454150 · ltd · incorporated 2013-07-09
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
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 Jul 2024
Net worth
£213.4k
book net assets
Opportunity
75/100
Strong
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What this business does
Primary activity: Hotels and similar accommodation
Sector: Accommodation & food service
ALSO REGISTERED FOR
  • 56101Licenced restaurants
  • 56302Public houses and bars
  • 68209Other letting and operating of own or leased real estate
Investor take
Special-situation opportunity
Distressed hospitality with salvageable qualities — special-situations priority.

Opportunity 75/100 (strong), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -100% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 9.8y

30/100
under pressure

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

  • · Oldest live charge is 9.8 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 4 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
31 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
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 £213,388
Very low cash
Cash position: £85
Net assets shrinking
Down £17,179 YoY
Cash draining
Cash down 100% YoY
Cash YoY
-100%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£85
↓ 100% YoY
Net Worth
£213k
↓ 7.5% YoY
Current Assets
£1k
↓ 98% YoY
Current Liabilities
—
£0£46k£92k£138k£184k£231kJul 2023Jul 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-07-312023-07-31
Total assets£217.7k£269.2k
Current assets£1.5k£94.7k
Cash£85£76.1k
Debtors£1.4k£1.7k
Net assets£213.4k£230.6k

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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2025-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-04-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-10-18
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  4. 2023-10-18
    🔓
    Charge satisfied #1
  5. 2023-09-18
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  6. 2023-09-18
    🔓
    Charge satisfied #2
  7. 2023-04-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-04-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2021-09-29
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  10. 2021-09-28
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  11. 2021-03-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2019-12-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2018-10-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2017-11-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2016-11-28
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2016-09-07
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  17. 2016-09-02
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  18. 2016-08-29
    🔒
    Charge registered #1
    Lender: Tsb PLC
  19. 2016-08-26
    🔒
    Charge registered #2
    Lender: Tsb Bank PLC
  20. 2013-07-09
    🏢
    Company incorporated
    As THE NEW STEAMBOAT LIMITED
  21. 2013-07-09
    ➕
    RECZKO, Blazej appointed
    director
  22. 2013-07-09
    ➕
    RECZKO, Katarzyna appointed
    director

Owner dependency

71/100
High — earn-out structure required

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

FACTORS
  • +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 13 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

49/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 13 years.
  • 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
NameSharesVoting rightsNature of controlNotified
Mr Blazej Reczko
Individual · Polish · DOB 07/1984 · age 42
25–50%
25–50%board controlsig. influence25-50% shares · 25-50% voting · board control · significant influence06/04/2016
Mrs Katarzyna Reczko
Individual · Polish · DOB 06/1986 · age 40
25–50%
25–50%board controlsig. influence25-50% shares · 25-50% voting · board control · significant influence06/04/2016

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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——£349.0k—49y8267y
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———150018y8278y
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——£11.9k—32y8272y
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——£534.3k—20y8263y
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

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 →
🔒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
Incorporated2013-07-09
Jurisdictionscotland
Primary SIC55100 — Hotels and similar accommodation

Registered office

The Steamboat Inn Carsethorn
Kirkbean
Dumfries
Dumfries And Galloway
DG2 8DS

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-07-31
Confirmation statement
Next due: 2026-10-19
Last: 2025-10-05

Officers (2 active · 0 resigned)

RECZKO, Blazej→
director · ~42y · appointed 2013-07-09
View their other companies + combined net worth →
Active
RECZKO, Katarzyna→
director · ~40y · appointed 2013-07-09
View their other companies + combined net worth →
Active

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

Mortgages & charges

2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
Lloyds Banking Group
Tsb PLC
A registered charge1 property29/08/201618/10/2023
satisfied
Lloyds Banking Group
Tsb Bank PLC
A registered charge—26/08/201618/09/2023

Recent filings (31 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-23
mortgage-satisfy-charge-full
mortgage · MR04
2023-10-18
mortgage-satisfy-charge-full
mortgage · MR04
2023-09-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-04-29
gazette-filings-brought-up-to-date
gazette · DISS40
2021-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-28
gazette-notice-compulsory
gazette · GAZ1
2021-09-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-15