CRISCO SUBSEA LTD
Opportunity 75/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: distressed disposal / insolvency (65/100).
Data confidence
Overall: medium (76/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £-14.5k | £5 |
| Current assets | £105.1k | £107.7k |
| Cash | — | £145 |
| Debtors | — | £107.6k |
| Net assets | £-14.5k | £5 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 confirmation-statement
- • 1 confirmation-statement
- • 1 confirmation-statement
- • 1 accounts
Corporate timeline (26 events)Click to expand
- 2025-12-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-04-17📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-01-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-07-02➖WOOD, Laura Anne resignedsecretary
- 2024-07-02➖WOOD, Laura Anne resigneddirector
- 2024-07-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-07-02📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-06-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-03-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-12-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-12-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-02-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-12-22📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-06-08📄appoint-person-director-company-with-name-dateofficers · AP01
- 2016-04-06➕WOOD, Laura Anne appointeddirector
- 2010-03-08➕WOOD, Laura Anne appointedsecretary
- 2010-03-08➖WOOD, Rita Leslie resignedsecretary
- 2006-03-27🏢Company incorporatedAs CRISCO SUBSEA LTD
- 2006-03-27➕WOOD, Scott Christoffersen appointeddirector
- 2006-03-27➕WOOD, Rita Leslie appointedsecretary
- 2006-03-27➕BRIAN REID LTD. appointedcorporate-nominee-secretary
- 2006-03-27➖BRIAN REID LTD. resignedcorporate-nominee-secretary
- 2006-03-27➕STEPHEN MABBOTT LTD. appointedcorporate-nominee-director
- 2006-03-27➖STEPHEN MABBOTT LTD. resignedcorporate-nominee-director
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 20 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 20 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
cleanShareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Scott Christoffersen Wood Individual · British · DOB 06/1974 · age 52 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
1 historic (ceased) PSC
- Mrs Laura Anne Woodceased 01/04/2025· 25-50% shares · 25-50% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 →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
Registered office
Filing status
Officers (1 active · 5 resigned)
Click a director name to see their full track record across all companies.