COLD WATER FISHING LLP
💤Zombieactive
SO307753 · llp · incorporated 2023-03-24
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
70/100
Strong
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 70/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).
🏦
Refinance opportunity
3 live charges · oldest 2.9y
10/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Newest facility, 2.9 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · 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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
3 officers (3 active, 3 linked, 0 with DOB)
70
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
11 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.
Key financials
2 years extracted from filed iXBRL accountsCash
£45k
↑ 7816% YoY
Net Worth
—
Current Assets
£560k
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 | £4.08M | — |
| Current assets | £560.0k | — |
| Cash | £44.7k | £565 |
| Debtors | £515.2k | — |
| Net assets | — | £-193.4k |
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
1
filing
- • 1 confirmation-statement
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
- 2026-04-06📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2025-12-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-04-03📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2024-12-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-06📄change-account-reference-date-limited-liability-partnership-previous-shortenedaccounts · LLAA01
- 2024-07-09📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2024-06-03📄mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnershipmortgage · LLMR01
- 2024-06-03📄mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnershipmortgage · LLMR01
- 2024-05-28🔒Charge registered #3Lender: The Royal Bank of Scotland PLC
- 2024-05-28🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 2024-04-03📄appoint-corporate-member-limited-liability-partnership-with-appointment-dateofficers · LLAP02
- 2023-06-14➕WAW FISHING LTD appointedcorporate-llp-member
- 2023-06-14📄mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnershipmortgage · LLMR01
- 2023-06-07🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2023-03-24🏢Company incorporatedAs COLD WATER FISHING LLP
- 2023-03-24➕GULFRIDGE LIMITED appointedcorporate-llp-designated-member
- 2023-03-24➕THIRLET LIMITED appointedcorporate-llp-designated-member
- 2023-03-24📄incorporation-limited-liability-partnershipincorporation · LLIN01
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.
🏛️
Thirlet Limited
Corporate parent
🏛️
Gulfridge Limited
Corporate parent
⬇
COLD WATER FISHING LLP
This company · SO307753
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 |
|---|---|---|---|---|
Thirlet Limited Corporate entity | — | 25–50% | 25-50% voting | 24/03/2023 |
Gulfridge Limited Corporate entity | — | 25–50% | 25-50% voting | 24/03/2023 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
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|---|---|---|---|---|---|---|---|
| B & K HESP LTD→ SC331953 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| BOLD ST MEDIA LIMITED→ SC543035 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| BONAFIED CARS LTD→ SC883330 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| BRATTON SUBSEA SERVICES LTD→ SC845222 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| BROWNIELEYS RENEWABLES LLP→ SO303878 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| BUCHANAN MCKENZIE INTERIORS LTD→ SC760767 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| BUREAU VERITAS SOLUTIONS MARINE & OFFSHORE LIMITED→ SC380777 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| BURNREID THIRTY LIMITED→ SC347171 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| CADMOR CONSTRUCTION LIMITED→ SC883345 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| CAICAL LIMITED→ SC682741 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| CAIRN TRAINING (ABERDEEN) LIMITED→ SC384323 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| CAIRNGORM SYSTEMS LTD→ SC484777 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
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
Typellp
Incorporated2023-03-24
Jurisdictionscotland
Primary SIC—
Registered office
Heritage House
141 Shore Street
Fraserburgh
AB43 9BP
United Kingdom
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-04-06
Last: 2026-03-23
Officers (3 active · 0 resigned)
GULFRIDGE LIMITED→
Activecorporate-llp-designated-member · appointed 2023-03-24
View their other companies + combined net worth →
THIRLET LIMITED→
Activecorporate-llp-designated-member · appointed 2023-03-24
View their other companies + combined net worth →
WAW FISHING LTD→
Activecorporate-llp-member · appointed 2023-06-14
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
3
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 28/05/2024 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 28/05/2024 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | — | 07/06/2023 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (11 total)
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2026-04-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-21
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2025-04-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-11
change-account-reference-date-limited-liability-partnership-previous-shortened
accounts · LLAA01
2024-12-06
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2024-07-09
mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnership
mortgage · LLMR01
2024-06-03
mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnership
mortgage · LLMR01
2024-06-03
appoint-corporate-member-limited-liability-partnership-with-appointment-date
officers · LLAP02
2024-04-03
mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnership
mortgage · LLMR01
2023-06-14
incorporation-limited-liability-partnership
incorporation · LLIN01
2023-03-24