INTERMARA MARINE LIMITED
🌿Early-stageactive
SC781544 · ltd · incorporated 2023-09-05
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.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
What changed my view
Last 30 days
No material changes in the last 30 days.
Last 90 days
No snapshot from 90 days ago — start tracking from today.
Last 180 days
No snapshot from 180 days ago — start tracking from today.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
—
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: SIC 09100
Sector: Mining & quarrying
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 76/100 (strong), bankability 70/100. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
4 live charges · 2 lenders · oldest 2.4y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Newest facility, 2.4 years old — likely still in initial term.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 23/100 — clean.
Data confidence
Overall: medium (77/100)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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
7 officers (4 active, 7 linked, 7 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
15 connected companies via shared directors
90
Filing history
29 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
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 |
|---|---|
| Average employees | 500 |
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
5
filings
- • 3 officers
- • 1 incorporation
- • 1 resolution
Last 180 days
7
filings
- • 3 officers
- • 2 confirmation-statement
- • 1 incorporation
Counts from Companies House filing history.
Corporate timeline (39 events)Click to expand
- 2026-05-28📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-05-26📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-05-26📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-05-26📄memorandum-articlesincorporation · MA
- 2026-05-26📄resolutionresolution · RESOLUTIONS
- 2026-04-06➕FORMAN BUCHAN, Stewart appointeddirector
- 2026-04-06➕MOORE, Fraser appointeddirector
- 2026-04-06➕REID, Alex appointeddirector
- 2026-02-27📄replacement-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP01CS01
- 2026-02-27📄replacement-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP01CS01
- 2025-06-06📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-06-06🔓Charge satisfied #1
- 2025-06-05📄accounts-with-accounts-type-smallaccounts · AA
- 2025-06-02📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-06-02📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-06-02📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-05-30🔒Charge registered #4Lender: Beequip B.V.
- 2025-05-30🔒Charge registered #3Lender: Beequip B.V.
- 2025-05-30🔒Charge registered #2Lender: Beequip B.V.
- 2024-09-24📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-09-24📄memorandum-articlesincorporation · MA
- 2024-09-24📄resolutionresolution · RESOLUTIONS
- 2024-09-23📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-09-23📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-09-20➖BUCHAN, Stewart Forman resigneddirector
- 2024-09-20➖MOORE, Alexander Fraser resigneddirector
- 2024-09-20➖REID, Alexander resigneddirector
- 2024-09-16📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2024-08-14📄capital-name-of-class-of-sharescapital · SH08
- 2024-08-02📄memorandum-articlesincorporation · MA
- 2024-08-02📄resolutionresolution · RESOLUTIONS
- 2024-07-09📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-07-09📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-06-06➕MOORE, Alexander Fraser appointeddirector
- 2024-06-06➕REID, Alexander appointeddirector
- 2024-02-14🔒Charge registered #1Lender: Sima Shipsales B.V.
- 2023-09-05🏢Company incorporatedAs INTERMARA MARINE LIMITED
- 2023-09-05➕WEST, George appointeddirector
- 2023-09-05➕BUCHAN, Stewart Forman appointeddirector
Owner dependency
53/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Senior director age: Director aged approximately 63 — approaching natural succession window.
- +Young company: Only 2.9 years old — management layer unlikely to be developed.
Succession & seller-readiness
50/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Group structure
2 corporate shareholders identified. Group structure is distributed.
🏛️significant stake
George West Limited
Corporate parent · holds 25-50% shares · board control
🏛️significant stake
Interocean Marine Services Ltd
Corporate parent · holds 25-50% shares · board control
⬇
INTERMARA MARINE LIMITED
This company · SC781544
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
George West Limited Corporate entity | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 01/07/2024 |
Interocean Marine Services Ltd Corporate entity | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 05/09/2023 |
1 historic (ceased) PSC
- Karelle Fishing Llpceased 01/07/2024· 25-50% shares · 25-50% voting · board control
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 →Similar companies
Active · Manufacturing · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| GRAY & ADAMS LIMITED→ SC047482 · est 1970 | £75.13M £58.44M–£91.83M | — | — | 502 | 56y | 87 | 71y |
| GRAY & ADAMS GROUP LIMITED→ SC230241 · est 2002 | £53.82M £41.86M–£65.78M | — | — | 0 | 24y | 85 | 71y |
| GRAY & ADAMS (DUNFERMLINE) LIMITED→ SC082971 · est 1983 | £17.07M £13.28M–£20.87M | — | — | 106 | 43y | 85 | 71y |
| GRAY & ADAMS (DONCASTER) LIMITED→ SC128013 · est 1990 | £16.62M £12.93M–£20.32M | — | — | 101 | 35y | 87 | 71y |
| INTERWELL LIMITED→ SC391140 · est 2011 | £10.98M £8.54M–£13.42M | £33.44M | — | 7800 | 15y | 91 | 60y |
| EBLAST LIMITED→ SC202165 · est 1999 | £8.03M £6.24M–£9.81M | £11.11M | — | 7400 | 26y | 88 | 57y |
| ROTECH SUBSEA LIMITED→ SC451221 · est 2013 | £6.41M £4.99M–£7.83M | £17.20M | — | 4800 | 13y | 84 | 58y |
| DALES ENGINEERING SERVICES LIMITED→ SC107948 · est 1987 | £6.22M £4.84M–£7.60M | £21.87M | — | 11000 | 38y | 93 | 70y |
| SUPERIOR ENERGY SERVICES LIMITED→ SC259694 · est 2003 | £6.15M £4.78M–£7.51M | £1.45M | — | 1500 | 22y | 94 | 60y |
| IMENCO UK LIMITED→ SC372021 · est 2010 | £5.97M £4.64M–£7.29M | £17.33M | — | 11500 | 16y | 95 | 71y |
| TGT OILFIELD SERVICES UK LIMITED→ SC427554 · est 2012 | £2.26M £1.76M–£2.76M | £9.93M | — | 3000 | 14y | 84 | 61y |
| VECTOR SUPPLIES LIMITED→ SC103810 · est 1987 | £1.63M £1.27M–£1.99M | — | — | 16 | 39y | 85 | 71y |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated2023-09-05
Jurisdictionscotland
Primary SIC09100 — SIC 09100
Registered office
2 Marischal Square
Broad Street
Aberdeen
AB10 1DQ
United Kingdom
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-09-18
Last: 2025-09-04
Officers (4 active · 3 resigned)
FORMAN BUCHAN, Stewart→
Activedirector · ~39y · appointed 2026-04-06
View their other companies + combined net worth →
MOORE, Fraser→
Activedirector · ~63y · appointed 2026-04-06
View their other companies + combined net worth →
Active
WEST, George→
Activedirector · ~55y · appointed 2023-09-05
View their other companies + combined net worth →
BUCHAN, Stewart Forman→
Resigneddirector · ~39y · appointed 2023-09-05 · resigned 2024-09-20
MOORE, Alexander Fraser→
Resigneddirector · ~63y · appointed 2024-06-06 · resigned 2024-09-20
REID, Alexander→
Resigneddirector · ~47y · appointed 2024-06-06 · resigned 2024-09-20
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
3
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Beequip B.V. | A registered charge | 1 property | 30/05/2025 | — | |
| outstanding | Beequip B.V. | A registered charge | 1 property | 30/05/2025 | — | |
| outstanding | Beequip B.V. | A registered charge | 1 property | 30/05/2025 | — | |
| satisfied | Sima Shipsales B.V. | A registered charge | 1 property | 14/02/2024 | 06/06/2025 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (29 total)
appoint-person-director-company-with-name-date
officers · AP01
2026-05-28
appoint-person-director-company-with-name-date
officers · AP01
2026-05-26
appoint-person-director-company-with-name-date
officers · AP01
2026-05-26
memorandum-articles
incorporation · MA
2026-05-26
resolution
resolution · RESOLUTIONS
2026-05-26
replacement-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP01CS01
2026-02-27
replacement-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP01CS01
2026-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-17
mortgage-satisfy-charge-full
mortgage · MR04
2025-06-06
accounts-with-accounts-type-small
accounts · AA
2025-06-05
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-06-02
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-06-02
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-06-02
termination-director-company-with-name-termination-date
officers · TM01
2024-09-24
memorandum-articles
incorporation · MA
2024-09-24