CARIB YACHTS LIMITED

🌿Early-stageactive
SC723145 · ltd · incorporated 2022-02-14
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
Upgrade to see
Turnover
year to Jun 2025
Net worth
£-768.6k
book net assets
Opportunity
76/100
Strong
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What this business does
Primary activity: Other holiday and other collective accommodation
Sector: Accommodation & food service
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 76/100 (strong), bankability 70/100. Strong seller-intent signal (60/100, director aged 83). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (79/100)

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
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
11 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
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 · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £768,598

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£769k
Current Assets
£12k
Current Liabilities
-£769k-£612k-£456k-£300k-£144k£12kJun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-06-302024-06-30
Total assets£-768.6k
Current assets£11.9k
Net assets£-768.6k
Average employees200

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
2
filings
  • 1 confirmation-statement
  • 1 accounts
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (10 events)Click to expand
  1. 2026-01-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-02-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-02-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-02-09
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2023-03-22
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2023-03-01
    CROMBIE, Ian Fleetwood appointed
    director
  7. 2023-02-14
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  8. 2022-02-14
    🏢
    Company incorporated
    As CARIB YACHTS LIMITED
  9. 2022-02-14
    KENNEDY, John Anthony Bingham appointed
    director
  10. 2022-02-14
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

73/100
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.
  • +Founder age: Director aged approximately 83 — succession pressure is live.

Succession & seller-readiness

66/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 83 years old. Natural succession window is now.
  • 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 Anthony Bingham Kennedy
Individual · British · DOB 04/1951 · age 75
2550%
25–50%board control25-50% shares · 25-50% voting · board control14/02/2022

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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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
Incorporated2022-02-14
Jurisdictionscotland
Primary SIC55209 — Other holiday and other collective accommodation

Registered office

Friarton
Spittal Farm
Ninemileburn
Midlothian
EH26 9NA
United Kingdom

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2027-02-27
Last: 2026-02-13

Officers (2 active · 0 resigned)

CROMBIE, Ian Fleetwood
director · ~83y · appointed 2023-03-01
View their other companies + combined net worth →
Active
KENNEDY, John Anthony Bingham
director · ~75y · appointed 2022-02-14
View their other companies + combined net worth →
Active

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

Recent filings (11 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-19
accounts-with-accounts-type-micro-entity
accounts · AA
2026-01-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-26
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-13
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-02-09
confirmation-statement-with-updates
confirmation-statement · CS01
2023-03-22
appoint-person-director-company-with-name-date
officers · AP01
2023-03-22
change-account-reference-date-company-current-extended
accounts · AA01
2023-02-14
incorporation-company
incorporation · NEWINC
2022-02-14