WALLACE MARINE LIMITED
- · Thesis: well-run, low negotiation leverage
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.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-08-31 | 2024-08-31 |
|---|---|---|
| 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.
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
- • 1 accounts
Corporate timeline (20 events)Click to expand
- 2025-12-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-01-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-02-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-12-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-05-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-02-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-06-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2018-05-31➖PARKER, Michael George resigneddirector
- 2018-04-23➕COYLE, Linda Ann appointeddirector
- 2018-04-23➕HAYES, John Edward appointeddirector
- 2018-04-23📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2018-04-23📄appoint-person-director-company-with-name-dateofficers · AP01
- 2018-04-23📄appoint-person-director-company-with-name-dateofficers · AP01
- 2018-03-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-12-05📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-06-17📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-04-07🏢Company incorporatedAs WALLACE MARINE LIMITED
- 2014-04-07➕PARKER, Michael George 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.
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- 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
cleanShareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr John Edward Hayes Individual · British · DOB 08/1965 · age 61 | 50–75% | — | 50-75% shares | 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 · 1 resigned)
Click a director name to see their full track record across all companies.