LITTLE & CULL LTD
- 10890SIC 10890
Opportunity 74/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (63/100).
Refinance opportunity
8 live charges · 4 lenders · oldest 15.8y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 15.8 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: medium (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
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 | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £12.80M | £12.11M |
| Current assets | £5.87M | £6.33M |
| Cash | £27.6k | £497.0k |
| Debtors | £3.66M | £3.69M |
| Net assets | £7.83M | £7.18M |
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 resolution
- • 1 incorporation
- • 1 resolution
- • 1 incorporation
- • 1 confirmation-statement
- • 1 resolution
- • 1 incorporation
- • 1 confirmation-statement
Corporate timeline (40 events)Click to expand
- 2026-06-17📄resolutionresolution · RESOLUTIONS
- 2026-06-17📄memorandum-articlesincorporation · MA
- 2025-10-01📄accounts-with-accounts-type-mediumaccounts · AA
- 2024-12-23📄accounts-with-accounts-type-fullaccounts · AA
- 2024-07-17📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-07-15➕HARB-LITTLE, Tom Roger appointeddirector
- 2024-02-22📄change-person-director-company-with-change-dateofficers · CH01
- 2023-09-14📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-09-06📄accounts-with-accounts-type-fullaccounts · AA
- 2023-08-28🔒Charge registered #8Lender: Rbs Invoice Finance LTD
- 2023-06-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-06-01🔒Charge registered #7Lender: Lloyds Bank PLC
- 2022-08-03📄accounts-with-accounts-type-fullaccounts · AA
- 2022-01-04📄accounts-with-accounts-type-fullaccounts · AA
- 2021-04-01📄accounts-with-accounts-type-fullaccounts · AA
- 2019-10-31📄withdrawal-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC09
- 2019-09-19📄resolutionresolution · RESOLUTIONS
- 2019-09-12📄accounts-with-accounts-type-fullaccounts · AA
- 2019-04-23📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2018-03-01🔒Charge registered #6Lender: Lloyds Bank PLC
- 2017-10-27🔒Charge registered #5Lender: Lloyds Bank PLC
- 2017-10-27🔒Charge registered #4Lender: Lloyds Bank PLC
- 2016-04-01➕SMITH, Elizabeth appointeddirector
- 2015-06-23➖LITTLE, Thomas Henry Peter resigneddirector
- 2015-04-01➕LITTLE, Thomas Henry Peter appointeddirector
- 2015-03-31🔒Charge registered #3Lender: Lloyds Bank PLC
- 2015-03-24🔒Charge registered #2Lender: Lloyds Bank Commercial Finance LTD
- 2012-02-20➖CULL, John Thomas resigneddirector
- 2010-09-20🔒Charge registered #1Lender: Lloyds Tsb Bank PLC
- 2009-11-04➖FOAT, Lucy Sara resignedsecretary
- 2006-06-27➕FOAT, Lucy Sara appointedsecretary
- 2006-06-17➖OBOLENSKY, Edward resignedsecretary
- 2006-06-17➖OBOLENSKY, Edward resigneddirector
- 2006-06-17➖OBOLENSKY, Nicholas resigneddirector
- 2006-03-15🏢Company incorporatedAs LITTLE & CULL LTD
- 2006-03-15➕CULL, Thomas appointeddirector
- 2006-03-15➕OBOLENSKY, Edward appointedsecretary
- 2006-03-15➕CULL, John Thomas appointeddirector
- 2006-03-15➕OBOLENSKY, Edward appointeddirector
- 2006-03-15➕OBOLENSKY, Nicholas appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Founder name in company name: Company name contains director surname "CULL" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primary20+ year tenure: Director in role 20 years. Very long tenure is a classic succession signal.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Thomas Cull Individual · British · DOB 05/1978 · age 48 | 50–75% | — | 50-75% shares | 01/04/2017 |
Mr Tom Roger Harb-Little Individual · British · DOB 03/1982 · age 44 | 25–50% | — | 25-50% shares | 06/04/2016 |
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.
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7 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 (3 active · 6 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | NatWest Group Rbs Invoice Finance LTD | A registered charge | — | 28/08/2023 | — | |
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 01/06/2023 | — | |
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 01/03/2018 | — | |
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 27/10/2017 | — | |
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 27/10/2017 | — | |
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 31/03/2015 | — | |
| outstanding | Lloyds Banking Group Lloyds Bank Commercial Finance LTD | A registered charge | — | 24/03/2015 | — | |
| outstanding | Lloyds Banking Group Lloyds Tsb Bank PLC | Debenture | 1 property | 20/09/2010 | — |