SOLOMON SUBSEA LIMITED
Opportunity 71/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. 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: distressed disposal / insolvency (65/100).
Data confidence
Overall: medium (79/100)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 · FRS 105 (micro)Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-01-31 | 2024-01-31 |
|---|---|---|
| Total assets | £-16.0k | £-13.5k |
| Current assets | £3.1k | £3.4k |
| Net assets | £-16.0k | £-13.5k |
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 confirmation-statement
Corporate timeline (18 events)Click to expand
- 2025-04-04📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-04-10📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-06-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-10-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-03-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-09-10📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-01-23📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-01-23📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-01-23📄change-person-director-company-with-change-dateofficers · CH01
- 2020-01-23📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-05-15📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2019-05-15📄change-person-director-company-with-change-dateofficers · CH01
- 2019-03-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-10-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-10-24📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2017-01-23🏢Company incorporatedAs SOLOMON SUBSEA LIMITED
- 2017-01-23➕MCGIRR, Mark appointeddirector
- 2017-01-23📄incorporation-companyincorporation · NEWINC
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +No director turnover: Company is 9 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Mark Mcgirr Individual · British · DOB 11/1969 · age 57 | 75–100% | 75–100% | board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence · trust interest · firm interest | 23/01/2017 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
Active · Professional services · KA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AYRSHIRE ALUMINIUM CO. LIMITED→ SC075647 · est 1981 | £2.38M £1.75M–£3.00M | — | — | 0 | 44y | 82 | 61y |
| ARPL ARCHITECTS LTD.→ SC116832 · est 1989 | — | — | — | 700 | 37y | 83 | 67y |
| AUSTIN LAFFERTY LIMITED→ SC277684 · est 2004 | — | — | £745.0k | — | 21y | 83 | 62y |
| CYCLERATE LIMITED→ SC334375 · est 2007 | — | — | — | — | 18y | 83 | 58y |
| WASTEWATER MANAGEMENT HOLDINGS LIMITED→ SC201429 · est 1999 · no financials extracted | — | — | — | — | 26y | 83 | 59y |
| WEST COAST CAPITAL (RETAIL PARKS) LIMITED→ SC219194 · est 2001 | — | — | — | 0 | 25y | 83 | 77y |
| WEST COAST CAPITAL HOLDINGS LIMITED→ SC190805 · est 1998 | — | — | — | 2 | 27y | 83 | 77y |
| WEST COAST CAPITAL PRESTVEN INVESTMENTS LIMITED→ SC298919 · est 2006 | — | — | £2 | — | 20y | 83 | 77y |
| ADAM WILSON & SONS (HOLDINGS) LIMITED→ SC230058 · est 2002 · no financials extracted | — | — | — | — | 24y | 82 | 86y |
| ADELPHI PLANT HIRE (SCOTLAND) LTD→ SC239828 · est 2002 | — | — | — | 2 | 23y | 82 | 65y |
| ALBA PLANNING CONSULTANTS LIMITED→ SC157540 · est 1995 | — | — | £230.3k | — | 31y | 82 | 66y |
| ATB ACCOUNTANCY SERVICES LIMITED→ SC237020 · est 2002 | — | — | £29.7k | — | 23y | 82 | 64y |
7 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 (1 active · 0 resigned)
Click a director name to see their full track record across all companies.