SCORE SUBSEA AND WELLHEAD LIMITED

🌳Matureactive
SC360201 · ltd · incorporated 2009-05-26
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
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Turnover
not disclosed
Net worth
book net assets
Opportunity
80/100
Exceptional
🔔
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What this business does
Primary activity: Other service activities n.e.c.
Sector: Other service activities
Investor take
Pursue
Active trading company with a 64-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 77/100. Strong seller-intent signal (80/100, director aged 64). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 7 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

8 live charges · 7 lenders · oldest 16.1y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 16.1 years old — likely at or near maturity.
  • · 7 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (55/100)

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
No iXBRL financials extracted
0
Lenders & charges
8 charges (8/8 with lender, 8/8 with type)
90
Directors & officers
8 officers (3 active, 8 linked, 5 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
85 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
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 (49 events)Click to expand
  1. 2025-09-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-09-13
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2023-10-03
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2022-09-07
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  5. 2022-09-07
    📄
    legacy
    accounts · PARENT_ACC
  6. 2022-09-07
    📄
    legacy
    other · AGREEMENT2
  7. 2022-09-07
    📄
    legacy
    other · GUARANTEE2
  8. 2021-11-01
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  9. 2021-11-01
    🔓
    Charge satisfied #8
  10. 2021-10-13
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  11. 2021-10-13
    📄
    legacy
    other · AGREEMENT2
  12. 2021-09-30
    📄
    legacy
    accounts · PARENT_ACC
  13. 2021-09-30
    📄
    legacy
    other · GUARANTEE2
  14. 2021-02-03
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  15. 2020-06-09
    📄
    accounts-with-accounts-type-full
    accounts · AA
  16. 2020-06-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2020-06-08
    RITCHIE, Conrad Strachan resigned
    director
  18. 2020-05-27
    📄
    memorandum-articles
    incorporation · MA
  19. 2020-05-27
    📄
    resolution
    resolution · RESOLUTIONS
  20. 2020-05-15
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  21. 2020-05-14
    🔒
    Charge registered #8
    Lender: Hsbc Corporate Trustee Company (UK) Limited (as Security Agent)
  22. 2020-02-14
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  23. 2020-02-14
    🔓
    Charge satisfied #7
  24. 2020-02-14
    🔓
    Charge satisfied #6
  25. 2020-02-14
    🔓
    Charge satisfied #5
  26. 2017-08-04
    RITCHIE, Conrad Strachan appointed
    director
  27. 2017-06-28
    RITCHIE, Charles Buchan resigned
    director
  28. 2017-03-10
    🔓
    Charge satisfied #4
  29. 2017-03-10
    🔓
    Charge satisfied #3
  30. 2017-03-10
    🔓
    Charge satisfied #2
  31. 2017-03-08
    🔒
    Charge registered #7
    Lender: Hsbc Bank PLC
  32. 2017-03-08
    🔒
    Charge registered #6
    Lender: Hsbc Invoice Finance (UK) Limited
  33. 2017-03-03
    🔒
    Charge registered #5
    Lender: Hsbc Invoice Finance (UK) Limited
  34. 2014-03-26
    🔒
    Charge registered #4
    Lender: Lloyds Bank Commercial Finance Limited, No 1 Brookhill Way, Banbury, Oxon, OX16 3EL
  35. 2013-01-04
    BEDDIE, Sean appointed
    secretary
  36. 2013-01-04
    BEDDIE, Sean appointed
    director
  37. 2013-01-04
    MCFARLANE, Kevin resigned
    secretary
  38. 2011-12-06
    🔓
    Charge satisfied #1
  39. 2011-07-18
    🔒
    Charge registered #3
    Lender: Lloyds Tsb Bank PLC
  40. 2011-07-18
    🔒
    Charge registered #2
    Lender: Lloyds Tsb Commercial Finance Limited
  41. 2010-03-02
    🔒
    Charge registered #1
    Lender: Royal Bank of Scotland PLC
  42. 2010-03-01
    MCFARLANE, Kevin appointed
    secretary
  43. 2009-07-08
    URQUHART, William appointed
    director
  44. 2009-07-08
    BARR, Alan Lamont resigned
    director
  45. 2009-07-08
    RITCHIE, Charles Buchan appointed
    director
  46. 2009-07-08
    LYCIDAS NOMINEES LIMITED resigned
    corporate-nominee-director
  47. 2009-05-26
    🏢
    Company incorporated
    As SCORE SUBSEA AND WELLHEAD LIMITED
  48. 2009-05-26
    BARR, Alan Lamont appointed
    director
  49. 2009-05-26
    LYCIDAS NOMINEES LIMITED appointed
    corporate-nominee-director

Owner dependency

76/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 64 — approaching natural succession window.

Succession & seller-readiness

79/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 17 years.
  • secondaryStable-but-static management: Company is 17 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 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Score International Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Score International Limited
Corporate parent · holds 75-100% shares
ultimate parent
SCORE SUBSEA AND WELLHEAD LIMITED
This company · SC360201

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Score International Limited
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 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
Incorporated2009-05-26
Jurisdictionscotland
Primary SIC96090 — Other service activities n.e.c.

Registered office

Ian M. Cheyne Building Glen Test Facility
Wellbank
Peterhead
Aberdeenshire
AB42 3GL

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2025-01-02
Confirmation statement
Next due: 2026-06-09
Last: 2025-05-26

Officers (3 active · 5 resigned)

BEDDIE, Sean
secretary · appointed 2013-01-04
View their other companies + combined net worth →
Active
BEDDIE, Sean
director · ~48y · appointed 2013-01-04
View their other companies + combined net worth →
Active
URQUHART, William
director · ~64y · appointed 2009-07-08
View their other companies + combined net worth →
Active
MCFARLANE, Kevin
secretary · appointed 2010-03-01 · resigned 2013-01-04
Resigned
BARR, Alan Lamont
director · ~66y · appointed 2009-05-26 · resigned 2009-07-08
Resigned
RITCHIE, Charles Buchan
director · ~79y · appointed 2009-07-08 · resigned 2017-06-28
Resigned
RITCHIE, Conrad Strachan
director · ~54y · appointed 2017-08-04 · resigned 2020-06-08
Resigned
LYCIDAS NOMINEES LIMITED
corporate-nominee-director · appointed 2009-05-26 · resigned 2009-07-08
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

8
Total charges
0
Outstanding
0
Active lenders
Status:Lender:8 of 8 shown
TypeProperties
satisfied
HSBC
Hsbc Corporate Trustee Company (UK) Limited (as Security Agent)
A registered charge14/05/202001/11/2021
satisfied
HSBC
Hsbc Bank PLC
A registered charge08/03/201714/02/2020
satisfied
HSBC
Hsbc Invoice Finance (UK) Limited
A registered charge08/03/201714/02/2020
satisfied
HSBC
Hsbc Invoice Finance (UK) Limited
A registered charge03/03/201714/02/2020
satisfied
Lloyds Banking Group
Lloyds Bank Commercial Finance Limited, No 1 Brookhill Way, Banbury, Oxon, OX16 3EL
A registered charge1 property26/03/201410/03/2017
satisfied
Lloyds Banking Group
Lloyds Tsb Bank PLC
Bond & floating charge1 property18/07/201110/03/2017
satisfied
Lloyds Banking Group
Lloyds Tsb Commercial Finance Limited
Bond & floating charge1 property18/07/201110/03/2017
satisfied
Lloyds Banking Group
Royal Bank of Scotland PLC
Floating charge1 property02/03/201006/12/2011

Recent filings (85 total)

accounts-with-accounts-type-dormant
accounts · AA
2025-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-28
accounts-with-accounts-type-dormant
accounts · AA
2024-09-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-27
accounts-with-accounts-type-dormant
accounts · AA
2023-10-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-30
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2022-09-07
legacy
accounts · PARENT_ACC
2022-09-07
legacy
other · AGREEMENT2
2022-09-07
legacy
other · GUARANTEE2
2022-09-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-30
mortgage-satisfy-charge-full
mortgage · MR04
2021-11-01
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2021-10-13
legacy
other · AGREEMENT2
2021-10-13
legacy
accounts · PARENT_ACC
2021-09-30