LITTLE & CULL LTD

🌳Matureactive
05744061 · ltd · incorporated 2006-03-15
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
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Turnover
year to Mar 2025
Net worth
£7.83M
book net assets
Opportunity
74/100
Strong
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What this business does
Primary activity: Manufacture of prepared meals and dishes
Sector: Manufacturing
ALSO REGISTERED FOR
  • 10890SIC 10890
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

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

15/100
under pressure

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.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
8 charges (8/8 with lender, 8/8 with type)
90
Directors & officers
9 officers (3 active, 9 linked, 7 with DOB)
86
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
100 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
60
Adequate — check latest filings for context.
Acquirability
65
Some acquirability indicators.
Risk profile
82
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £7,828,923
Cash draining
Cash down 94% YoY
Cash YoY
-94%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£28k
↓ 94% YoY
Net Worth
£7.8m
↑ 9.0% YoY
Current Assets
£5.9m
↓ 7.3% YoY
Current Liabilities
£0£1.6m£3.1m£4.7m£6.3m£7.8mMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
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.

🔒Filing-note intelligence

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

Last 30 days
2
filings
  • 1 resolution
  • 1 incorporation
Last 90 days
3
filings
  • 1 resolution
  • 1 incorporation
  • 1 confirmation-statement
Last 180 days
3
filings
  • 1 resolution
  • 1 incorporation
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (40 events)Click to expand
  1. 2026-06-17
    📄
    resolution
    resolution · RESOLUTIONS
  2. 2026-06-17
    📄
    memorandum-articles
    incorporation · MA
  3. 2025-10-01
    📄
    accounts-with-accounts-type-medium
    accounts · AA
  4. 2024-12-23
    📄
    accounts-with-accounts-type-full
    accounts · AA
  5. 2024-07-17
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2024-07-15
    HARB-LITTLE, Tom Roger appointed
    director
  7. 2024-02-22
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2023-09-14
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  9. 2023-09-06
    📄
    accounts-with-accounts-type-full
    accounts · AA
  10. 2023-08-28
    🔒
    Charge registered #8
    Lender: Rbs Invoice Finance LTD
  11. 2023-06-01
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  12. 2023-06-01
    🔒
    Charge registered #7
    Lender: Lloyds Bank PLC
  13. 2022-08-03
    📄
    accounts-with-accounts-type-full
    accounts · AA
  14. 2022-01-04
    📄
    accounts-with-accounts-type-full
    accounts · AA
  15. 2021-04-01
    📄
    accounts-with-accounts-type-full
    accounts · AA
  16. 2019-10-31
    📄
    withdrawal-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC09
  17. 2019-09-19
    📄
    resolution
    resolution · RESOLUTIONS
  18. 2019-09-12
    📄
    accounts-with-accounts-type-full
    accounts · AA
  19. 2019-04-23
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  20. 2018-03-01
    🔒
    Charge registered #6
    Lender: Lloyds Bank PLC
  21. 2017-10-27
    🔒
    Charge registered #5
    Lender: Lloyds Bank PLC
  22. 2017-10-27
    🔒
    Charge registered #4
    Lender: Lloyds Bank PLC
  23. 2016-04-01
    SMITH, Elizabeth appointed
    director
  24. 2015-06-23
    LITTLE, Thomas Henry Peter resigned
    director
  25. 2015-04-01
    LITTLE, Thomas Henry Peter appointed
    director
  26. 2015-03-31
    🔒
    Charge registered #3
    Lender: Lloyds Bank PLC
  27. 2015-03-24
    🔒
    Charge registered #2
    Lender: Lloyds Bank Commercial Finance LTD
  28. 2012-02-20
    CULL, John Thomas resigned
    director
  29. 2010-09-20
    🔒
    Charge registered #1
    Lender: Lloyds Tsb Bank PLC
  30. 2009-11-04
    FOAT, Lucy Sara resigned
    secretary
  31. 2006-06-27
    FOAT, Lucy Sara appointed
    secretary
  32. 2006-06-17
    OBOLENSKY, Edward resigned
    secretary
  33. 2006-06-17
    OBOLENSKY, Edward resigned
    director
  34. 2006-06-17
    OBOLENSKY, Nicholas resigned
    director
  35. 2006-03-15
    🏢
    Company incorporated
    As LITTLE & CULL LTD
  36. 2006-03-15
    CULL, Thomas appointed
    director
  37. 2006-03-15
    OBOLENSKY, Edward appointed
    secretary
  38. 2006-03-15
    CULL, John Thomas appointed
    director
  39. 2006-03-15
    OBOLENSKY, Edward appointed
    director
  40. 2006-03-15
    OBOLENSKY, Nicholas appointed
    director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +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

50/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • 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 low
8 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Thomas Cull
Individual · British · DOB 05/1978 · age 48
5075%
50-75% shares01/04/2017
Mr Tom Roger Harb-Little
Individual · British · DOB 03/1982 · age 44
2550%
25-50% shares06/04/2016

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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

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 →
🔒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
Incorporated2006-03-15
Jurisdictionengland-wales
Primary SIC10850 — Manufacture of prepared meals and dishes

Registered office

Pullman House Battle Road
Heathfield Industrial Estate
Newton Abbot
Devon
TQ12 6RY
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-05-19
Last: 2026-05-05

Officers (3 active · 6 resigned)

CULL, Thomas
director · ~48y · appointed 2006-03-15
View their other companies + combined net worth →
Active
HARB-LITTLE, Tom Roger
director · ~44y · appointed 2024-07-15
View their other companies + combined net worth →
Active
SMITH, Elizabeth
director · ~43y · appointed 2016-04-01
View their other companies + combined net worth →
Active
FOAT, Lucy Sara
secretary · appointed 2006-06-27 · resigned 2009-11-04
Resigned
OBOLENSKY, Edward
secretary · appointed 2006-03-15 · resigned 2006-06-17
Resigned
CULL, John Thomas
director · ~78y · appointed 2006-03-15 · resigned 2012-02-20
Resigned
LITTLE, Thomas Henry Peter
director · ~44y · appointed 2015-04-01 · resigned 2015-06-23
Resigned
OBOLENSKY, Edward
director · ~48y · appointed 2006-03-15 · resigned 2006-06-17
Resigned
OBOLENSKY, Nicholas
director · ~49y · appointed 2006-03-15 · resigned 2006-06-17
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

8
Total charges
8
Outstanding
2
Active lenders
Status:Lender:8 of 8 shown
TypeProperties
outstanding
NatWest Group
Rbs Invoice Finance LTD
A registered charge28/08/2023
outstanding
Lloyds Banking Group
Lloyds Bank PLC
A registered charge1 property01/06/2023
outstanding
Lloyds Banking Group
Lloyds Bank PLC
A registered charge1 property01/03/2018
outstanding
Lloyds Banking Group
Lloyds Bank PLC
A registered charge1 property27/10/2017
outstanding
Lloyds Banking Group
Lloyds Bank PLC
A registered charge1 property27/10/2017
outstanding
Lloyds Banking Group
Lloyds Bank PLC
A registered charge1 property31/03/2015
outstanding
Lloyds Banking Group
Lloyds Bank Commercial Finance LTD
A registered charge24/03/2015
outstanding
Lloyds Banking Group
Lloyds Tsb Bank PLC
Debenture1 property20/09/2010
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (100 total)

resolution
resolution · RESOLUTIONS
2026-06-17
memorandum-articles
incorporation · MA
2026-06-17
confirmation-statement-with-updates
confirmation-statement · CS01
2026-06-02
accounts-with-accounts-type-medium
accounts · AA
2025-10-01
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-20
accounts-with-accounts-type-full
accounts · AA
2024-12-23
appoint-person-director-company-with-name-date
officers · AP01
2024-07-17
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-17
change-person-director-company-with-change-date
officers · CH01
2024-02-22
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-09-14
accounts-with-accounts-type-full
accounts · AA
2023-09-06
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-06-01
confirmation-statement-with-updates
confirmation-statement · CS01
2023-05-17
accounts-with-accounts-type-full
accounts · AA
2022-08-03
confirmation-statement-with-updates
confirmation-statement · CS01
2022-05-20