ISLAND OFFSHORE UK LIMITED

💤Zombieactive
SC492749 · ltd · incorporated 2014-12-04
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 Dec 2024
Net worth
—
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: Activities of head offices
Sector: Professional, scientific & technical
Investor take
Pursue
Active trading company with a 67-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 67). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. 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
6 officers (2 active, 6 linked, 3 with DOB)
80
Ownership & PSC
0 active PSC(s) of 4 total, 4 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
37 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red 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£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Average employees1200

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 (29 events)Click to expand
  1. 2025-09-30
    📄
    accounts-with-accounts-type-small
    accounts · AA
  2. 2024-10-31
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2024-10-28
    📄
    accounts-with-accounts-type-small
    accounts · AA
  4. 2024-05-28
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  5. 2024-05-24
    ➕
    HENDERSON LOGGIE LLP appointed
    corporate-secretary
  6. 2024-05-24
    ➖
    HENDERSON LOGGIE resigned
    corporate-secretary
  7. 2024-05-24
    📄
    notification-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC08
  8. 2024-05-24
    📄
    appoint-corporate-secretary-company-with-name-date
    officers · AP04
  9. 2024-05-24
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2023-09-28
    📄
    accounts-with-accounts-type-small
    accounts · AA
  11. 2023-09-22
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2023-09-22
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  13. 2023-09-09
    ➖
    SUNDET, Henning resigned
    director
  14. 2022-09-30
    📄
    accounts-with-accounts-type-small
    accounts · AA
  15. 2021-09-23
    📄
    accounts-with-accounts-type-full
    accounts · AA
  16. 2020-09-29
    📄
    accounts-with-accounts-type-full
    accounts · AA
  17. 2019-09-02
    📄
    accounts-with-accounts-type-full
    accounts · AA
  18. 2019-05-22
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  19. 2019-05-22
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  20. 2018-10-31
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  21. 2018-10-31
    📄
    appoint-corporate-secretary-company-with-name-date
    officers · AP04
  22. 2018-08-01
    ➖
    MILNE, Natalie resigned
    secretary
  23. 2018-08-01
    ➕
    HENDERSON LOGGIE appointed
    corporate-secretary
  24. 2018-08-01
    ➖
    LIPPE, Lyder Von Der resigned
    director
  25. 2018-08-01
    ➕
    SUNDET, Henning appointed
    director
  26. 2014-12-04
    🏢
    Company incorporated
    As ISLAND OFFSHORE UK LIMITED
  27. 2014-12-04
    ➕
    ULSTEIN, Havard appointed
    director
  28. 2014-12-04
    ➕
    MILNE, Natalie appointed
    secretary
  29. 2014-12-04
    ➕
    LIPPE, Lyder Von Der appointed
    director

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 67 — succession pressure is live.

Succession & seller-readiness

70/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • 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.)
🔒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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£9.77M
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——019y8468y
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SC215790 · est 2001
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——30025y8862y
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ALLEN ASSOCIATES (H.P.E.) LIMITED→
SC201596 · est 1999 · no financials extracted
————26y8359y
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————27y8361y
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Incorporated2014-12-04
Jurisdictionscotland
Primary SIC70100 — Activities of head offices

Registered office

C/O Henderson Loggie 1 Marischal Square
Broad Street
Aberdeen
AB10 1BL
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-05-22
Last: 2025-05-08

Officers (2 active · 4 resigned)

HENDERSON LOGGIE LLP→
corporate-secretary · appointed 2024-05-24
View their other companies + combined net worth →
Active
ULSTEIN, Havard→
director · ~67y · appointed 2014-12-04
View their other companies + combined net worth →
Active
MILNE, Natalie→
secretary · appointed 2014-12-04 · resigned 2018-08-01
Resigned
HENDERSON LOGGIE→
corporate-secretary · appointed 2018-08-01 · resigned 2024-05-24
Resigned
LIPPE, Lyder Von Der→
director · ~69y · appointed 2014-12-04 · resigned 2018-08-01
Resigned
SUNDET, Henning→
director · ~68y · appointed 2018-08-01 · resigned 2023-09-09
Resigned

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

Recent filings (37 total)

accounts-with-accounts-type-small
accounts · AA
2025-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-13
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-10-31
accounts-with-accounts-type-small
accounts · AA
2024-10-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-29
termination-secretary-company-with-name-termination-date
officers · TM02
2024-05-28
notification-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC08
2024-05-24
appoint-corporate-secretary-company-with-name-date
officers · AP04
2024-05-24
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-05-24
accounts-with-accounts-type-small
accounts · AA
2023-09-28
termination-director-company-with-name-termination-date
officers · TM01
2023-09-22
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-09-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-15
accounts-with-accounts-type-small
accounts · AA
2022-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-17