WALLACE MARINE LIMITED

🌳Matureactive
SC474549 · ltd · incorporated 2014-04-07
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
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Turnover
year to Aug 2025
Net worth
£61.0k
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: SIC 33150
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 79/100 (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 (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
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
31 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £61,010
Net assets shrinking
Down £4,273 YoY
Cash YoY
-14%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£82k
↓ 14% YoY
Net Worth
£61k
↓ 6.5% YoY
Current Assets
£91k
↓ 27% YoY
Current Liabilities
£0£25k£50k£75k£100k£125kAug 2024Aug 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-08-312024-08-31
Total assets£66.3k£81.0k
Current assets£91.0k£124.6k
Cash£82.0k£95.5k
Debtors£9.0k£29.1k
Net assets£61.0k£65.3k

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
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2025-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-01-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-01-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-12-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-02-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2020-12-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2020-05-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2019-02-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2018-06-01
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2018-05-31
    PARKER, Michael George resigned
    director
  11. 2018-04-23
    COYLE, Linda Ann appointed
    director
  12. 2018-04-23
    HAYES, John Edward appointed
    director
  13. 2018-04-23
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2018-04-23
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2018-04-23
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2018-03-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2016-12-05
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  18. 2016-06-17
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  19. 2014-04-07
    🏢
    Company incorporated
    As WALLACE MARINE LIMITED
  20. 2014-04-07
    PARKER, Michael George appointed
    director

Owner dependency

66/100
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.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.

Succession & seller-readiness

46/100
Moderate signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr John Edward Hayes
Individual · British · DOB 08/1965 · age 61
5075%
50-75% shares06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated2014-04-07
Jurisdictionscotland
Primary SIC33150 — SIC 33150

Registered office

17 Lexwell Avenue
Elderslie
Johnstone
PA5 9AF
Scotland

Filing status

Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2026-09-20
Last: 2025-09-06

Officers (2 active · 1 resigned)

COYLE, Linda Ann
director · ~59y · appointed 2018-04-23
View their other companies + combined net worth →
Active
HAYES, John Edward
director · ~61y · appointed 2018-04-23
View their other companies + combined net worth →
Active
PARKER, Michael George
director · ~51y · appointed 2014-04-07 · resigned 2018-05-31
Resigned

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

Recent filings (31 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-05-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-09-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-02-08