3 DISTRIBUTION LIMITED
- · Thesis: well-run, low negotiation leverage
Opportunity 83/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 65). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -83% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (65/100).
Refinance opportunity
2 live charges · 2 lenders · oldest 18.9y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 18.9 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · 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.
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
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 | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Total assets | £1.95M | £1.86M |
| Current assets | £714.8k | £888.9k |
| Cash | £26.9k | £155.0k |
| Debtors | £684.7k | £730.8k |
| Net assets | £1.47M | £1.44M |
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
- • 1 accounts
- • 1 accounts
- • 1 confirmation-statement
Corporate timeline (29 events)Click to expand
- 2026-02-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-02-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-11-29📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-11-29📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-05-11📄resolutionresolution · RESOLUTIONS
- 2023-05-10📄capital-name-of-class-of-sharescapital · SH08
- 2023-03-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-03-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-03-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-11-18📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-03-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-03-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-11-26📄change-person-director-company-with-change-dateofficers · CH01
- 2018-11-26📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2018-02-27📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-02-13📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2011-10-28🔓Charge satisfied #1
- 2011-09-22🔒Charge registered #2Lender: Clydesdale Bank PLC
- 2007-08-22➕BARTMEIER, Jason Robert James appointeddirector
- 2007-06-22🔒Charge registered #1Lender: Barclays Bank PLC
- 2006-11-13🏢Company incorporatedAs 3 DISTRIBUTION LIMITED
- 2006-11-13➕FINCH, Patrick Eric appointedsecretary
- 2006-11-13➕FINCH, Patrick Eric appointeddirector
- 2006-11-13➕RAYNER, David Paul appointeddirector
- 2006-11-13➕WATERLOW SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 2006-11-13➖WATERLOW SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 2006-11-13➕WATERLOW NOMINEES LIMITED appointedcorporate-nominee-director
- 2006-11-13➖WATERLOW NOMINEES LIMITED resignedcorporate-nominee-director
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 65 — succession pressure is live.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
- secondary12+ year tenure: Director in role 19 years.
- secondaryStable-but-static management: Company is 19 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanShareholders & ownership
3 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Lorraine Rayner Individual · British · DOB 07/1964 · age 62 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 20/04/2023 |
Mr Patrick Eric Finch Individual · British · DOB 06/1963 · age 63 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
Mr David Paul Rayner Individual · British · DOB 12/1961 · age 65 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
1 historic (ceased) PSC
- Mr Jason Robert James Bartmeierceased 06/04/2016· 25-50% shares
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
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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 (4 active · 2 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Virgin Money Clydesdale Bank PLC | Debenture | 1 property | 22/09/2011 | — | |
| satisfied | Barclays Barclays Bank PLC | Debenture | 1 property | 22/06/2007 | 28/10/2011 |