ARATELLUS SUBSEA LIMITED
Opportunity 69/100 (strong), bankability 52/100. 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: distressed disposal / insolvency (65/100).
Refinance opportunity
5 live charges · 3 lenders · oldest 2.9y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Newest facility, 2.9 years old — likely still in initial term.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: high (83/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
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 | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £-472 | £-91 |
| Current assets | £86 | — |
| Cash | £66 | — |
| Debtors | £20 | £19 |
| Net assets | £-472 | £-91 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
2 signals 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
- • 2 mortgage
- • 2 mortgage
- • 1 confirmation-statement
- • 2 mortgage
- • 1 confirmation-statement
Corporate timeline (24 events)Click to expand
- 2026-04-14📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-04-14📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-04-03🔒Charge registered #5Lender: Infinity Ventures Limited as Security Trustee
- 2026-04-03🔒Charge registered #4Lender: Infinity Ventures Limited as Security Trustee
- 2025-09-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-06-02➕HARDIE, Christopher John appointeddirector
- 2025-06-02📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-05-06📄memorandum-articlesincorporation · MA
- 2025-05-06📄resolutionresolution · RESOLUTIONS
- 2025-05-06📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-05-06📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-05-06📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-05-02📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-05-01📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-05-01🔓Charge satisfied #1
- 2025-04-30🔒Charge registered #3Lender: Harwood Private Capital U.K. L.P. Acting by Its General Partner Harwood Private Capital Gp LLP
- 2025-04-30🔒Charge registered #2Lender: Harwood Private Capital U.K. L.P. Acting by Its General Partner Harwood Private Capital Gp LLP
- 2024-12-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-05-30📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2023-05-26📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-05-23🔒Charge registered #1Lender: Polymer N4 Limited
- 2023-01-20🏢Company incorporatedAs ARATELLUS SUBSEA LIMITED
- 2023-01-20➕COWIE, Simon Henry Dyer appointeddirector
- 2023-01-20📄incorporation-companyincorporation · NEWINC
Owner dependency
Some founder dependency, but not acute. A structured handover period should cover most risk.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
Limited succession signal. Not a near-term off-market candidate.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 med ·Heavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.
Evidence: 2026-04-03: A registered charge; 2026-04-03: A registered charge; 2025-04-30: A registered charge
Group structure
Aratellus Midco Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Aratellus Midco Limited Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 30/04/2025 |
1 historic (ceased) PSC
- Aratellus Group Limitedceased 30/04/2025· 75-100% shares · 75-100% voting · board control
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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 · Professional services · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A J R FACILITIES CONSULTANCY LTD→ SC544953 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| A JOB IN KNOCK LIMITED→ SC304240 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| AE ECONOMICS LIMITED→ SC613612 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| AECS GRAY ENGINEERING LTD.→ SC322000 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| AGENTS OF DIGITAL CHANGE LTD→ SC808950 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AKB TAX LIMITED→ SC739779 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ALAN MCRITCHIE LIMITED→ SC314417 · est 2007 · no financials extracted | — | — | — | — | 19y | — | — |
| ALBEX ENGINEERING LIMITED→ SC462862 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| ALDERTOOLS LTD→ SC773868 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ALETHEON LTD→ SC862777 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ALEXANDER WATT LIMITED→ SC241941 · est 2003 · no financials extracted | — | — | — | — | 23y | — | — |
| ALFORD PLANNING & CONTROLS SOLUTIONS LTD→ SC717154 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
9 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 · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Infinity Ventures as Security Trustee Infinity Ventures Limited as Security Trustee | A registered charge | — | 03/04/2026 | — | |
| outstanding | Infinity Ventures as Security Trustee Infinity Ventures Limited as Security Trustee | A registered charge | — | 03/04/2026 | — | |
| outstanding | Harwood Private Capital U.K. L.P. Acting by Its General Partner Harwood Private Capital Gp Harwood Private Capital U.K. L.P. Acting by Its General Partner Harwood Private Capital Gp LLP | A registered charge | — | 30/04/2025 | — | |
| outstanding | Harwood Private Capital U.K. L.P. Acting by Its General Partner Harwood Private Capital Gp Harwood Private Capital U.K. L.P. Acting by Its General Partner Harwood Private Capital Gp LLP | A registered charge | — | 30/04/2025 | — | |
| satisfied | Polymer N4 Polymer N4 Limited | A registered charge | — | 23/05/2023 | 01/05/2025 |