MERMAID SEAS LIMITED
⚰️Wound downdissolved
04344137 · ltd · incorporated 2001-12-21
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
58/100
Worth a look
What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 58/100 (worth a look), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: strategic trade sale (63/100).
Data confidence
Overall: low (51/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
4 officers (3 active, 4 linked, 1 with DOB)
75
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
19 connected companies via shared directors
90
Filing history
41 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
58/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
60
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.
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 (32 events)Click to expand
- 2013-08-13📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2013-08-13🏁Company dissolved
- 2013-05-29📄change-person-director-company-with-change-dateofficers · CH01
- 2013-04-30📄gazette-notice-voluntarygazette · GAZ1(A)
- 2013-04-22📄dissolution-application-strike-off-companydissolution · DS01
- 2013-01-10📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-01-10📄change-corporate-director-company-with-change-dateofficers · CH02
- 2013-01-10📄change-corporate-secretary-company-with-change-dateofficers · CH04
- 2012-09-25📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2012-01-06📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2011-12-23📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-06-15📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2010-12-23📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-08-19📄appoint-person-director-company-with-nameofficers · AP01
- 2010-08-10📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2010-08-01➕AMAR, Nira appointeddirector
- 2009-12-22📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2009-12-03📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2009-10-26📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2008-12-22📄legacyannual-return · 363a
- 2008-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2007-12-28📄legacyannual-return · 363a
- 2007-08-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2006-12-21📄legacyannual-return · 363a
- 2006-11-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2006-01-16📄legacyannual-return · 363a
- 2005-12-23📄legacyofficers · 288c
- 2001-12-21🏢Company incorporatedAs MERMAID SEAS LIMITED
- 2001-12-21➕WIGMORE SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 2001-12-21➕MU DIRECTORS LIMITED appointedcorporate-nominee-director
- 2001-12-21➕HALLMARK SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 2001-12-21➖HALLMARK SECRETARIES LIMITED resignedcorporate-nominee-secretary
Owner dependency
83/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder name in company name: Company name contains director surname "LIMITED" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
66/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 24 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 high ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2013-08-13
🔒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 · Trade services · W postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 007 SECURITY LTD→ 16594893 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 06565988 LIMITED→ 06565988 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| 0800Z LIMITED→ 06476346 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| 10 WESTCROFT SQUARE FREEHOLD LIMITED→ 10867477 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| 10/12 HORBURY CRESCENT RESIDENTS ASSOCIATION LIMITED→ 02792735 · est 1993 · no financials extracted | — | — | — | — | 33y | — | — |
| 100 BROKEN WINDOWS LIMITED→ 09800331 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| 100 LONDON GROUP LIMITED→ 14368314 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 1000HEADS GROUP LIMITED→ 04038783 · est 2000 · no financials extracted | — | — | — | — | 25y | — | — |
| 101 GUNNERSBURY AVENUE LIMITED→ 05587473 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| 1021 CREATIVE PTE UK LTD→ 15926990 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 109 PROPERTY MANAGEMENT LTD→ 09094172 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| 10C HARVIST ROAD LIMITED→ 13457695 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
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
Statusdissolved
Typeltd
Incorporated2001-12-21
Jurisdictionengland-wales
Primary SIC82990 — Other business support service activities n.e.c.
Registered office
38 Wigmore Street
London
W1U 2HA
Filing status
Accounts
Next due: —
Last made up to: 2011-12-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 1 resigned)
WIGMORE SECRETARIES LIMITED→
Activecorporate-nominee-secretary · appointed 2001-12-21
View their other companies + combined net worth →
Active
MU DIRECTORS LIMITED→
Activecorporate-nominee-director · appointed 2001-12-21
View their other companies + combined net worth →
HALLMARK SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 2001-12-21 · resigned 2001-12-21
Click a director name to see their full track record across all companies.
Recent filings (41 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2013-08-13
change-person-director-company-with-change-date
officers · CH01
2013-05-29
gazette-notice-voluntary
gazette · GAZ1(A)
2013-04-30
dissolution-application-strike-off-company
dissolution · DS01
2013-04-22
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-01-10
change-corporate-director-company-with-change-date
officers · CH02
2013-01-10
change-corporate-secretary-company-with-change-date
officers · CH04
2013-01-10
accounts-with-accounts-type-total-exemption-small
accounts · AA
2012-09-25
capital-variation-of-rights-attached-to-shares
capital · SH10
2012-01-06
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-12-23
accounts-with-accounts-type-total-exemption-small
accounts · AA
2011-06-15
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-12-23
appoint-person-director-company-with-name
officers · AP01
2010-08-19
accounts-with-accounts-type-total-exemption-small
accounts · AA
2010-08-10
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2009-12-22