BW OFFSHORE (UK) LIMITED

🌳Matureactive
SC382123 · ltd · incorporated 2010-07-19
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 15.1y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
74/100
Strong
🔔
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What this business does
Primary activity: SIC 33150
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 74/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 15.1y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 15.1 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 33/100 — 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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
10 officers (2 active, 10 linked, 8 with DOB)
86
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
68 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
2
filings
  • 1 officers
  • 1 confirmation-statement
Last 90 days
2
filings
  • 1 officers
  • 1 confirmation-statement
Last 180 days
3
filings
  • 1 officers
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (40 events)Click to expand
  1. 2026-04-23
    THORNTONS LAW LLP resigned
    corporate-secretary
  2. 2026-04-23
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  3. 2025-12-15
    📄
    accounts-with-accounts-type-full
    accounts · AA
  4. 2024-11-15
    📄
    accounts-with-accounts-type-full
    accounts · AA
  5. 2024-11-11
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2024-10-17
    MCAREAVEY, Michael Thomas, Mr. appointed
    director
  7. 2024-10-17
    IKEDA, Kei, Mr. resigned
    director
  8. 2024-10-17
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2024-10-17
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2024-07-08
    LANGSRUD, Hans Kristian resigned
    director
  11. 2024-07-08
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2024-06-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2024-06-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2024-03-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2023-10-13
    📄
    accounts-with-accounts-type-full
    accounts · AA
  16. 2023-08-24
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  17. 2022-12-14
    📄
    capital-allotment-shares
    capital · SH01
  18. 2022-10-10
    📄
    accounts-with-accounts-type-full
    accounts · AA
  19. 2022-09-28
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  20. 2022-09-13
    SKJELOY, Asgeir appointed
    director
  21. 2022-09-13
    SKJELØY, Asgeir appointed
    director
  22. 2022-09-13
    SKJELØY, Asgeir resigned
    director
  23. 2021-10-05
    📄
    accounts-with-accounts-type-full
    accounts · AA
  24. 2021-03-23
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  25. 2021-03-23
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  26. 2020-10-22
    📄
    accounts-with-accounts-type-full
    accounts · AA
  27. 2019-10-30
    🔒
    Charge registered #2
    Lender: Dnb Bank Asa
  28. 2019-07-01
    ARNET, Carl Krogh resigned
    director
  29. 2019-07-01
    IKEDA, Kei, Mr. appointed
    director
  30. 2019-07-01
    LANGSRUD, Hans Kristian appointed
    director
  31. 2019-07-01
    SOLVAG, Ole resigned
    director
  32. 2018-03-23
    ARNET, Carl Krogh appointed
    director
  33. 2017-01-01
    MYRAN, Jon resigned
    director
  34. 2014-11-01
    MURRAY DONALD LLP resigned
    corporate-secretary
  35. 2014-11-01
    THORNTONS LAW LLP appointed
    corporate-secretary
  36. 2011-12-20
    MURRAY DONALD LLP appointed
    corporate-secretary
  37. 2011-03-14
    🔒
    Charge registered #1
    Lender: Nordea Bank Norge Asa
  38. 2011-02-17
    SOLVAG, Ole appointed
    director
  39. 2010-07-19
    🏢
    Company incorporated
    As BW OFFSHORE (UK) LIMITED
  40. 2010-07-19
    MYRAN, Jon appointed
    director

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

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

🏛️
Bw Offshore Limited
Corporate parent · holds 75-100% shares
ultimate parent
BW OFFSHORE (UK) LIMITED
This company · SC382123

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
Bw Offshore Limited
Corporate entity
75100%
75-100% shares01/03/2021
2 historic (ceased) PSCs
  • Bw Offshore Cyprus Limitedceased 01/03/2021· 75-100% shares
  • Bw Offshore Limitedceased 01/02/2020· 75-100% shares

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 →
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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.

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Company details

Statusactive
Typeltd
Incorporated2010-07-19
Jurisdictionscotland
Primary SIC33150 — SIC 33150

Registered office

Horizons House First Floor
81-83 Waterloo Quay
Aberdeen
AB11 5DE
United Kingdom

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-03-15
Last: 2026-03-01

Officers (2 active · 8 resigned)

MCAREAVEY, Michael Thomas, Mr.
director · ~56y · appointed 2024-10-17
View their other companies + combined net worth →
Active
SKJELOY, Asgeir
director · ~52y · appointed 2022-09-13
View their other companies + combined net worth →
Active
MURRAY DONALD LLP
corporate-secretary · appointed 2011-12-20 · resigned 2014-11-01
Resigned
THORNTONS LAW LLP
corporate-secretary · appointed 2014-11-01 · resigned 2026-04-23
Resigned
ARNET, Carl Krogh
director · ~70y · appointed 2018-03-23 · resigned 2019-07-01
Resigned
IKEDA, Kei, Mr.
director · ~55y · appointed 2019-07-01 · resigned 2024-10-17
Resigned
LANGSRUD, Hans Kristian
director · ~56y · appointed 2019-07-01 · resigned 2024-07-08
Resigned
MYRAN, Jon
director · ~75y · appointed 2010-07-19 · resigned 2017-01-01
Resigned
SKJELØY, Asgeir
director · ~52y · appointed 2022-09-13 · resigned 2022-09-13
Resigned
SOLVAG, Ole
director · ~58y · appointed 2011-02-17 · resigned 2019-07-01
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
2
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Dnb Bank Asa
A registered charge30/10/2019
outstanding
Nordea Bank Norge Asa
Deed of assignment and subordination1 property14/03/2011
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (68 total)

termination-secretary-company-with-name-termination-date
officers · TM02
2026-04-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-20
accounts-with-accounts-type-full
accounts · AA
2025-12-15
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-05
accounts-with-accounts-type-full
accounts · AA
2024-11-15
change-person-director-company-with-change-date
officers · CH01
2024-11-11
termination-director-company-with-name-termination-date
officers · TM01
2024-10-17
appoint-person-director-company-with-name-date
officers · AP01
2024-10-17
termination-director-company-with-name-termination-date
officers · TM01
2024-07-08
change-person-director-company-with-change-date
officers · CH01
2024-06-12
change-person-director-company-with-change-date
officers · CH01
2024-06-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-13
termination-director-company-with-name-termination-date
officers · TM01
2024-03-13
accounts-with-accounts-type-full
accounts · AA
2023-10-13
appoint-person-director-company-with-name-date
officers · AP01
2023-08-24