MARITIME STREET LTD
- · Oldest live charge 3.7y old — refinance window within 12 months
Opportunity 36/100 (watch), bankability 15/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100). Current lenders should be on immediate intervention.
Refinance opportunity
4 live charges · oldest 3.7y
Refinance viable after a tidy-up — address the highlighted items first.
- · Charge age ~3.7 years — mid-life; refi window approaching.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 35/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-03-31 | 2023-03-31 |
|---|---|---|
| Total assets | £2.50M | — |
| Current assets | £4.81M | — |
| Cash | £638 | — |
| Debtors | £55.8k | — |
| Net assets | £1.27M | — |
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 insolvency
- • 2 insolvency
- • 2 insolvency
Corporate timeline (30 events)Click to expand
- 2026-04-15⚠️liquidation-in-administration-progress-report-scotlandinsolvency · AM10(Scot)
- 2026-03-05⚠️liquidation-in-administration-extension-of-period-scotlandinsolvency · AM19(Scot)
- 2025-10-06⚠️liquidation-in-administration-progress-report-scotlandinsolvency · AM10(Scot)
- 2025-05-21⚠️liquidation-in-administration-notice-deemed-approval-of-proposals-scotlandinsolvency · AM06(Scot)
- 2025-05-08⚠️liquidation-in-administration-notice-administrators-proposals-scotlandinsolvency · AM03(Scot)
- 2025-04-15⚠️liquidation-in-administration-statement-of-affairs-with-form-attached-scotlandinsolvency · AM02(Scot)
- 2025-03-14📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-03-13⚠️liquidation-in-administration-appointment-of-administrator-scotlandinsolvency · AM01(Scot)
- 2025-01-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-01-03📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-08-10📄gazette-filings-brought-up-to-dategazette · DISS40
- 2024-08-06📄gazette-notice-compulsorygazette · GAZ1
- 2024-07-03➕THOMSON, Keanu James appointeddirector
- 2024-07-03➖THOMSON, Keanu James resigneddirector
- 2024-07-03📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-12-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-05-11📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-05-11📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2023-05-03📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-05-03📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-05-02🔒Charge registered #4Lender: Lendinvest Security Trustees Limited
- 2023-04-28🔒Charge registered #3Lender: Lendinvest Security Trustees Limited
- 2022-12-02📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-09-02📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-09-02📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-08-26🔒Charge registered #2Lender: Lendinvest Security Trustees Limited
- 2022-08-24🔒Charge registered #1Lender: Lendinvest Security Trustees Limited
- 2021-03-11🏢Company incorporatedAs MARITIME STREET LTD
- 2021-03-11➕THOMSON, Gordon appointeddirector
- 2021-03-11➕THOMSON, Maria appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder age: Director aged approximately 68 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
4 high ·Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2025-12-31
Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2025-05-31
Company is in a formal insolvency or administration process. Treat accordingly.
Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2026-04-15: liquidation-in-administration-progress-report-scotland; 2026-03-05: liquidation-in-administration-extension-of-period-scotland
Group structure
Maritime Asset Management Ltd holds 25-50% — a significant corporate investor but not a controlling parent.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Maritime Asset Management Ltd Corporate entity | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 11/05/2023 |
1 historic (ceased) PSC
- Mrs Maria Thomsonceased 11/05/2023· 75-100% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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13 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 (2 active · 1 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | LendInvest Lendinvest Security Trustees Limited | A registered charge | 1 property | 02/05/2023 | — | |
| outstanding | LendInvest Lendinvest Security Trustees Limited | A registered charge | — | 28/04/2023 | — | |
| outstanding | LendInvest Lendinvest Security Trustees Limited | A registered charge | 3 properties | 26/08/2022 | — | |
| outstanding | LendInvest Lendinvest Security Trustees Limited | A registered charge | — | 24/08/2022 | — |