EDDA SUPPLY SHIPS III LIMITED
🏛️Establishedactive
SC666249 · ltd · incorporated 2020-07-03
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£36.2k
book net assets
Opportunity
70/100
Strong
What this business does
Primary activity: SIC 50200
Sector: Transportation & storage
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 70/100 (strong), bankability 77/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
4 live charges · 3 lenders · oldest 5.5y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 5.5 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (73/100)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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
8 officers (2 active, 8 linked, 8 with DOB)
90
Ownership & PSC
2 active PSC(s) of 5 total, 5 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
43 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
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £36,241
Key financials
1 year extracted from filed iXBRL accountsCash
£10k
Net Worth
£36k
Current Assets
£1.3m
Current Liabilities
—
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 |
|---|---|
| Total assets | £36.2k |
| Current assets | £1.26M |
| Cash | £10.0k |
| Debtors | £1.25M |
| Net assets | £36.2k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
2
filings
- • 1 persons-with-significant-control
- • 1 accounts
Last 90 days
8
filings
- • 4 mortgage
- • 2 officers
- • 1 persons-with-significant-control
Last 180 days
8
filings
- • 4 mortgage
- • 2 officers
- • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (44 events)Click to expand
- 2026-04-17📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2026-03-25📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2026-02-13📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-02-12📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-02-05📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-02-05📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-02-05📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-02-05📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-02-05🔓Charge satisfied #4
- 2026-02-05🔓Charge satisfied #3
- 2026-02-05🔓Charge satisfied #2
- 2026-02-05🔓Charge satisfied #1
- 2026-01-22➕KOLBEINSEN LIEN, Ingeborg appointeddirector
- 2026-01-22➖OVERLIE, Hermann Hovland resigneddirector
- 2025-03-13📄accounts-with-accounts-type-smallaccounts · AA
- 2024-07-08📄accounts-with-accounts-type-smallaccounts · AA
- 2024-04-30📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-04-30📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-04-22➖AUSTRHEIM, Tom Johan resigneddirector
- 2024-04-22➕OVERLIE, Hermann Hovland appointeddirector
- 2024-01-22📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-01-22📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2023-07-25📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-07-24🔒Charge registered #4Lender: Nordic Trustee as (As Security Trustee)
- 2023-05-23📄accounts-with-accounts-type-smallaccounts · AA
- 2022-03-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-02-22➕VAIL, Lisa Jane appointeddirector
- 2022-02-22➕AUSTRHEIM, Tom Johan appointeddirector
- 2022-02-22➖FLAESEN, Geir Oppegard resigneddirector
- 2022-02-22➖FRAMNES, Havard resigneddirector
- 2022-02-22➖OSTENSJO, Johannes resigneddirector
- 2022-02-22➖WANG, Jan Eyvin resigneddirector
- 2022-02-22📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-02-22📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-02-22📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-02-22📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-10-21➕FLAESEN, Geir Oppegard appointeddirector
- 2020-10-21➕WANG, Jan Eyvin appointeddirector
- 2020-10-15🔒Charge registered #3Lender: Nordic Trustee as as Security Trustee
- 2020-10-15🔒Charge registered #2Lender: Nordic Trustee as as Security Trustee
- 2020-10-15🔒Charge registered #1Lender: Nordic Trustee as for Itself and as Security Trustee for the Secured Parties (As Defined in the Instrument Evidencing the Charge Accompanying This Form MR01)
- 2020-07-03🏢Company incorporatedAs EDDA SUPPLY SHIPS III LIMITED
- 2020-07-03➕FRAMNES, Havard appointeddirector
- 2020-07-03➕OSTENSJO, Johannes appointeddirector
Owner dependency
58/100
Moderate — manageable with handoverSome 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 signalLimited 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
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
2 corporate shareholders identified. Group structure is distributed.
🏛️ultimate parent
Edda Wind Asa
Corporate parent · holds 75-100% shares
🏛️ultimate parent
Edda Supply Ships (Uk) Limited
Corporate parent · holds 75-100% shares · board control
⬇
EDDA SUPPLY SHIPS III LIMITED
This company · SC666249
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
2 active beneficial owners · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Edda Wind Asa Corporate entity | 75–100% | — | 75-100% shares | 02/03/2023 |
Edda Supply Ships (Uk) Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 02/03/2023 |
3 historic (ceased) PSCs
- Mr Johannes Ostensjoceased 02/03/2023· 25-50% voting
- Ms Sonja Margrethe Ostensjoceased 12/01/2022· 25-50% shares
- Edda Supply Ships (Uk) Limitedceased 22/02/2021· 75-100% shares · 75-100% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
🔒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 · Transport & logistics · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| HAVILA SHIPPING UK LIMITED→ SC180168 · est 1997 · no financials extracted | — | — | — | — | 28y | — | — |
| HIRE WE GO LIMITED→ SC505730 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| HULSE CITYWIDE TAXIS LTD→ SC737321 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ICOT TRANSPORT LTD→ SC828585 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| J K L MARINE LIMITED→ SC408090 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| JOE&J (HOSPITALITY & SERVICES) LIMITED→ SC870288 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| JOKLAN LTD→ SC847998 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| JUST DRIVE IT LTD→ SC775538 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| KAYS LOGISTICS LTD→ SC600400 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| KEITH & DUFFTOWN RAILWAY COMPANY LIMITED→ SC150013 · est 1994 · no financials extracted | — | — | — | — | 32y | — | — |
| KENNEDY TRANSPORT LIMITED→ SC221275 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| KEW LOGISTICS LTD→ SC528425 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
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
Incorporated2020-07-03
Jurisdictionscotland
Primary SIC50200 — SIC 50200
Registered office
Nautilus House
Waterloo Quays
Aberdeen
AB11 5BS
Scotland
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-07-16
Last: 2025-07-02
Officers (2 active · 6 resigned)
KOLBEINSEN LIEN, Ingeborg→
Activedirector · ~38y · appointed 2026-01-22
View their other companies + combined net worth →
VAIL, Lisa Jane→
Activedirector · ~55y · appointed 2022-02-22
View their other companies + combined net worth →
AUSTRHEIM, Tom Johan→
Resigneddirector · ~62y · appointed 2022-02-22 · resigned 2024-04-22
FLAESEN, Geir Oppegard→
Resigneddirector · ~45y · appointed 2020-10-21 · resigned 2022-02-22
FRAMNES, Havard→
Resigneddirector · ~53y · appointed 2020-07-03 · resigned 2022-02-22
OSTENSJO, Johannes→
Resigneddirector · ~83y · appointed 2020-07-03 · resigned 2022-02-22
OVERLIE, Hermann Hovland→
Resigneddirector · ~46y · appointed 2024-04-22 · resigned 2026-01-22
WANG, Jan Eyvin→
Resigneddirector · ~70y · appointed 2020-10-21 · resigned 2022-02-22
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
0
Outstanding
0
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Nordic Trustee as (As Security Trustee) | A registered charge | — | 24/07/2023 | 05/02/2026 | |
| satisfied | Nordic Trustee as as Security Trustee | A registered charge | — | 15/10/2020 | 05/02/2026 | |
| satisfied | Nordic Trustee as as Security Trustee | A registered charge | — | 15/10/2020 | 05/02/2026 | |
| satisfied | Nordic Trustee as for Itself and as Security Trustee for the Secured Parties (As Defined in the Instrument Evidencing the Charge Accompanying This Form MR01) | A registered charge | — | 15/10/2020 | 05/02/2026 |
Recent filings (43 total)
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2026-04-17
change-account-reference-date-company-current-extended
accounts · AA01
2026-03-25
appoint-person-director-company-with-name-date
officers · AP01
2026-02-13
termination-director-company-with-name-termination-date
officers · TM01
2026-02-12
mortgage-satisfy-charge-full
mortgage · MR04
2026-02-05
mortgage-satisfy-charge-full
mortgage · MR04
2026-02-05
mortgage-satisfy-charge-full
mortgage · MR04
2026-02-05
mortgage-satisfy-charge-full
mortgage · MR04
2026-02-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-15
accounts-with-accounts-type-small
accounts · AA
2025-03-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-09
accounts-with-accounts-type-small
accounts · AA
2024-07-08
appoint-person-director-company-with-name-date
officers · AP01
2024-04-30
termination-director-company-with-name-termination-date
officers · TM01
2024-04-30
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-01-22