BASS MARINE LTD
🌱Startupactive
SC876073 · ltd · incorporated 2026-01-22
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
70/100
Strong
What this business does
Primary activity: Development of building projects
Sector: Construction
ALSO REGISTERED FOR
- 68100Buying and selling of own real estate
Investor take
Pass (distressed without resilience)Active trading company. Family succession underway — not a classic acquisition target.
Opportunity 70/100 (strong), bankability 65/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: 1 insolvency-related filing on record. Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding. Most likely exit: share sale to pe / searcher (65/100).
Data confidence
Overall: medium (59/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (3 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
9 connected companies via shared directors
72
Filing history
16 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
60
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
14
filings
- • 6 persons-with-significant-control
- • 3 capital
- • 2 resolution
Last 180 days
16
filings
- • 6 persons-with-significant-control
- • 3 capital
- • 2 resolution
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
- 2026-02-05📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-02-05📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-02-05📄capital-statement-capital-company-with-date-currency-figurecapital · SH19
- 2026-02-05⚠️legacyinsolvency · CAP-SS
- 2026-02-05📄resolutionresolution · RESOLUTIONS
- 2026-02-05📄resolutionresolution · RESOLUTIONS
- 2026-02-04📄capital-name-of-class-of-sharescapital · SH08
- 2026-02-04📄capital-allotment-sharescapital · SH01
- 2026-02-04📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2026-02-04📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-02-04📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-02-04📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-02-04📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-02-04📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2026-01-24➕HUGHES, Gerald John appointeddirector
- 2026-01-24➕HUGHES, Wendy Isabel Eva appointeddirector
- 2026-01-22🏢Company incorporatedAs BASS MARINE LTD
- 2026-01-22➕HUGHES, Duncan John appointeddirector
- 2026-01-22📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2026-01-22📄incorporation-companyincorporation · NEWINC
Owner dependency
78/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Founder age: Director aged approximately 75 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +Young company: Only 0.3 years old — management layer unlikely to be developed.
Succession & seller-readiness
20/100
No succession signalNo meaningful acquirability indicators from public data.
SIGNALS
- primaryFamily succession underway: Not a takeover target — HUGHES, Duncan John (same surname) appointed 2026-01-22. Pattern consistent with intra-family handover.
- primaryFounder aged 70+: Senior director is approximately 75 years old. Natural succession window is now.
Red flags
1 high ·1 insolvency-related filing on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2026-02-05: legacy
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Gerald John Hughes Individual · British · DOB 11/1951 · age 75 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 24/01/2026 |
Mrs Wendy Isabel Eva Hughes Individual · British · DOB 08/1958 · age 68 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 24/01/2026 |
1 historic (ceased) PSC
- Mr Duncan John Hughesceased 24/01/2026· 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.
🔒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
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|---|---|---|---|---|---|---|---|
| AF ROOFING (SCOTLAND) LIMITED→ SC708850 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| AMO PAINTING (SCOTLAND) LIMITED→ SC699959 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ARRAN COLLINS ROOFING LTD→ SC838626 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ASPIRE MEMBRANES LIMITED→ SC362312 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| AUSMAC REFRIGERATION LIMITED→ SC881378 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| B & F DECORATING SERVICES LTD→ SC444725 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| BALMORAL CONSTRUCTION LTD→ SC858593 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BDR BATHROOM INNOVATION LTD→ SC882158 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| BEA LIGHTING LTD→ SC601414 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| BEAR SOLUTIONS SCOTLAND LTD→ SC825454 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BELL & BUIST JOINERS LIMITED→ SC229357 · est 2002 · no financials extracted | — | — | — | — | 24y | — | — |
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
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 →🔒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
Incorporated2026-01-22
Jurisdictionscotland
Primary SIC41100 — Development of building projects
Registered office
East Ness Pier
Preston Crescent
Inverkeithing
Fife
KY11 1DS
United Kingdom
Filing status
Accounts
Next due: 2027-09-30
Last made up to: —
Confirmation statement
Next due: 2027-02-04
Last: —
Officers (3 active · 0 resigned)
HUGHES, Duncan John→
Activedirector · ~45y · appointed 2026-01-22
View their other companies + combined net worth →
HUGHES, Gerald John→
Activedirector · ~75y · appointed 2026-01-24
View their other companies + combined net worth →
HUGHES, Wendy Isabel Eva→
Activedirector · ~68y · appointed 2026-01-24
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (16 total)
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-02-05
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-02-05
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2026-02-05
legacy
insolvency · CAP-SS
2026-02-05
resolution
resolution · RESOLUTIONS
2026-02-05
resolution
resolution · RESOLUTIONS
2026-02-05
capital-name-of-class-of-shares
capital · SH08
2026-02-04
capital-allotment-shares
capital · SH01
2026-02-04
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-02-04
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-02-04
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-02-04
appoint-person-director-company-with-name-date
officers · AP01
2026-02-04
appoint-person-director-company-with-name-date
officers · AP01
2026-02-04
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-02-04
change-account-reference-date-company-current-shortened
accounts · AA01
2026-01-22