ECHANDIA MARINE UK LIMITED

🌿Early-stageactive
SC738077 · ltd · incorporated 2022-07-12
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 Dec 2024
Net worth
£-11.4k
book net assets
Opportunity
70/100
Strong
🔔
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What this business does
Primary activity: Other information technology service activities
Sector: Information & communication
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 70/100 (strong), bankability 70/100. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (65/100).

Data confidence

Overall: medium (69/100)

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
4 officers (2 active, 4 linked, 4 with DOB)
90
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
10 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
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
Negative net assets
Liabilities exceed assets by £11,372

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£11k
↓ 47% YoY
Current Assets
Current Liabilities
-£11k-£11k-£10k-£9k-£8k-£8kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£-11.4k£-7.7k
Debtors£1.1k£1.0k
Net assets£-11.4k£-7.7k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals 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 (14 events)Click to expand
  1. 2025-05-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-04-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-01-23
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2024-01-23
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2023-12-31
    COWIE, Simon Henry Dyer resigned
    director
  6. 2023-07-31
    NOOITGEDAGT, Jarich resigned
    director
  7. 2023-05-11
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  8. 2023-05-10
    COWIE, Simon Henry Dyer appointed
    director
  9. 2023-01-11
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  10. 2022-07-12
    🏢
    Company incorporated
    As ECHANDIA MARINE UK LIMITED
  11. 2022-07-12
    ERIKSSON, Tord Magnus appointed
    director
  12. 2022-07-12
    HELLSTROM, Karl Fredrik appointed
    director
  13. 2022-07-12
    NOOITGEDAGT, Jarich appointed
    director
  14. 2022-07-12
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • 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.)

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

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 →
🔒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
Incorporated2022-07-12
Jurisdictionscotland
Primary SIC62090 — Other information technology service activities

Registered office

5 Carden Place
Aberdeen
AB10 1UT
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-07-25
Last: 2025-07-11

Officers (2 active · 2 resigned)

ERIKSSON, Tord Magnus
director · ~50y · appointed 2022-07-12
View their other companies + combined net worth →
Active
HELLSTROM, Karl Fredrik
director · ~55y · appointed 2022-07-12
View their other companies + combined net worth →
Active
COWIE, Simon Henry Dyer
director · ~53y · appointed 2023-05-10 · resigned 2023-12-31
Resigned
NOOITGEDAGT, Jarich
director · ~43y · appointed 2022-07-12 · resigned 2023-07-31
Resigned

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

Recent filings (10 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-16
termination-director-company-with-name-termination-date
officers · TM01
2024-01-23
termination-director-company-with-name-termination-date
officers · TM01
2024-01-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-12
appoint-person-director-company-with-name-date
officers · AP01
2023-05-11
change-account-reference-date-company-current-extended
accounts · AA01
2023-01-11
incorporation-company
incorporation · NEWINC
2022-07-12