ODYSSEY FR70 LLP
💤Zombieactive
SO306632 · llp · incorporated 2019-01-28
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
71/100
Strong
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 71/100 (strong), bankability 65/100. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
4 live charges · 2 lenders · oldest 7.3y
30/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 7.3 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (74/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, no SIC, incorporation date
80
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
4 officers (2 active, 4 linked, 0 with DOB)
70
Ownership & PSC
2 active PSC(s) of 4 total, 4 with control declared
90
Director network
Network not yet resolved
30
Filing history
27 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
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.
Key financials
2 years extracted from filed iXBRL accountsCash
£101k
↑ 2485% YoY
Net Worth
—
Current Assets
£162k
↑ 871% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £290.2k | £444.2k |
| Current assets | £161.6k | £16.6k |
| Cash | £100.7k | £3.9k |
| Debtors | £60.9k | £12.7k |
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
4
filings
- • 2 persons-with-significant-control
- • 2 officers
Last 180 days
6
filings
- • 2 persons-with-significant-control
- • 2 officers
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (36 events)Click to expand
- 2026-03-11📄notification-of-a-person-with-significant-control-limited-liability-partnershippersons-with-significant-control · LLPSC02
- 2026-03-11📄cessation-of-a-person-with-significant-control-limited-liability-partnershippersons-with-significant-control · LLPSC07
- 2026-03-11📄appoint-corporate-member-limited-liability-partnership-with-appointment-dateofficers · LLAP02
- 2026-03-11📄termination-member-limited-liability-partnership-with-name-termination-dateofficers · LLTM01
- 2026-01-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2026-01-28📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2025-12-19➕FROZEN ON BOARD PRAWNS LTD appointedcorporate-llp-designated-member
- 2025-12-19➖WHITBY SEAFOODS LIMITED resignedcorporate-llp-designated-member
- 2025-01-28📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2024-07-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-02-12📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2023-08-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-02-07📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2022-09-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-01-28📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2021-10-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-08-11📍change-registered-office-address-limited-liability-partnership-with-date-old-address-new-addressaddress · LLAD01
- 2021-02-04📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2021-01-29📄change-to-a-person-with-significant-control-limited-liability-partnershippersons-with-significant-control · LLPSC05
- 2020-12-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-07-03📄change-account-reference-date-limited-liability-partnership-previous-shortenedaccounts · LLAA01
- 2020-02-25📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2020-01-23📄cessation-of-a-person-with-significant-control-limited-liability-partnershippersons-with-significant-control · LLPSC07
- 2020-01-23📄termination-member-limited-liability-partnership-with-name-termination-dateofficers · LLTM01
- 2020-01-15➖WHITBURGH LIMITED resignedcorporate-llp-designated-member
- 2019-10-01📄mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnershipmortgage · LLMR01
- 2019-10-01📄mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnershipmortgage · LLMR01
- 2019-10-01📄mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnershipmortgage · LLMR01
- 2019-09-26🔒Charge registered #4Lender: Clydesdale Bank PLC
- 2019-09-26🔒Charge registered #3Lender: Clydesdale Bank PLC
- 2019-09-12🔒Charge registered #2Lender: Clydesdale Bank PLC
- 2019-01-28🏢Company incorporatedAs ODYSSEY FR70 LLP
- 2019-01-28➕SUBSEA ODYSSEY LIMITED appointedcorporate-llp-designated-member
- 2019-01-28➕WHITBURGH LIMITED appointedcorporate-llp-designated-member
- 2019-01-28➕WHITBY SEAFOODS LIMITED appointedcorporate-llp-designated-member
- 2019-01-28🔒Charge registered #1Lender: Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)
Owner dependency
50/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
Succession & seller-readiness
30/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
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.
🏛️
Frozen On Board Prawns Ltd
Corporate parent
🏛️
Subsea Odyssey Limited
Corporate parent
⬇
ODYSSEY FR70 LLP
This company · SO306632
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 |
|---|---|---|---|---|
Subsea Odyssey Limited Corporate entity | — | 50–75% | 50-75% voting | 28/01/2019 |
Frozen On Board Prawns Ltd Corporate entity | — | 25–50% | 25-50% voting | 19/12/2025 |
2 historic (ceased) PSCs
- Whitby Seafoods Limitedceased 19/12/2025· 25-50% voting
- Whitburgh Limitedceased 23/01/2020· 25-50% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · same sector · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| JET INSPECTION SERVICES LIMITED→ SC768769 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| MORGAN MUNRO LIMITED→ SC214000 · est 2000 · no financials extracted | — | — | — | — | 25y | — | — |
| NVE SUBSEA SERVICES LIMITED→ SC382200 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| OCEAN FISHING LLP→ SO308081 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ODWYER SUBSEA LTD→ SC704220 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ONYX INTERIOR DESIGN LIMITED→ SC827720 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| OPO SERVICES LIMITED→ SC697115 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ORKA SOLUTIONS LIMITED→ SC736801 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| OVERSEAS ASSISTANCE SOLUTIONS (HOLDINGS) LIMITED→ SC282082 · est 2005 · no financials extracted | — | — | — | — | 21y | — | — |
| PARADIGM FIRE PROTECTION SERVICES LIMITED→ SC749835 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| PAULL & WILLIAMSONS LLP→ SO302228 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
| PDH PROCESS CONSULTANCY LTD→ SC321500 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
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
Typellp
Incorporated2019-01-28
Jurisdictionscotland
Primary SIC—
Registered office
70 King Edward Street
Fraserburgh
Aberdeenshire
AB43 9PN
Scotland
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-02-10
Last: 2026-01-27
Officers (2 active · 2 resigned)
FROZEN ON BOARD PRAWNS LTD→
Activecorporate-llp-designated-member · appointed 2025-12-19
View their other companies + combined net worth →
SUBSEA ODYSSEY LIMITED→
Activecorporate-llp-designated-member · appointed 2019-01-28
View their other companies + combined net worth →
WHITBURGH LIMITED→
Resignedcorporate-llp-designated-member · appointed 2019-01-28 · resigned 2020-01-15
WHITBY SEAFOODS LIMITED→
Resignedcorporate-llp-designated-member · appointed 2019-01-28 · resigned 2025-12-19
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
4
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Virgin Money Clydesdale Bank PLC | A registered charge | — | 26/09/2019 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC | A registered charge | — | 26/09/2019 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC | A registered charge | 1 property | 12/09/2019 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111) | A registered charge | — | 28/01/2019 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (27 total)
notification-of-a-person-with-significant-control-limited-liability-partnership
persons-with-significant-control · LLPSC02
2026-03-11
cessation-of-a-person-with-significant-control-limited-liability-partnership
persons-with-significant-control · LLPSC07
2026-03-11
appoint-corporate-member-limited-liability-partnership-with-appointment-date
officers · LLAP02
2026-03-11
termination-member-limited-liability-partnership-with-name-termination-date
officers · LLTM01
2026-03-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-31
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2026-01-28
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2025-01-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-26
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2024-02-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-11
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2023-02-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-13
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2022-01-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-29
change-registered-office-address-limited-liability-partnership-with-date-old-address-new-address
address · LLAD01
2021-08-11