130 MONTAGUE STREET WORTHING LIMITED
Opportunity 77/100 (strong), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).
Refinance opportunity
1 live charge · oldest 18.0y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 18.0 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Average employees | 0 | 0 |
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 accounts
- • 1 accounts
Corporate timeline (28 events)Click to expand
- 2026-03-27📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-10-27📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-10-27📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-03-13📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-03-26📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-03-09📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-03-28📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-06-02📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-03-25📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-03-25📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-12-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-03-30📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-02-08📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-11-03📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-09-04📄change-person-director-company-with-change-dateofficers · CH01
- 2013-11-09🔓Charge satisfied #1
- 2010-11-10➖HARDING, Timothy John resigneddirector
- 2010-03-02➕HARDING, Timothy John appointeddirector
- 2008-12-09➖HARDING, Timothy John resigneddirector
- 2008-04-22🔒Charge registered #1Lender: Elm Property Finance Limited
- 2007-10-03🏢Company incorporatedAs 130 MONTAGUE STREET WORTHING LIMITED
- 2007-10-03➕BRIGHTON REGISTRARS LIMITED appointedcorporate-secretary
- 2007-10-03➕HARDING, Lucinda Jane appointeddirector
- 2007-10-03➕BRIGHTON SECRETARY LIMITED appointedcorporate-secretary
- 2007-10-03➖BRIGHTON SECRETARY LIMITED resignedcorporate-secretary
- 2007-10-03➕HARDING, Timothy John appointeddirector
- 2007-10-03➕BRIGHTON DIRECTOR LIMITED appointedcorporate-director
- 2007-10-03➖BRIGHTON DIRECTOR LIMITED resignedcorporate-director
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- 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
cleanGroup structure
T & L Holdings (Hove) Ltd 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 |
|---|---|---|---|---|
T & L Holdings (Hove) Ltd Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 06/04/2016 |
1 historic (ceased) PSC
- Mrs Lucinda Jane Hardingceased 06/04/2016· 75-100% shares · 75-100% voting · board control · firm interest
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 (2 active · 4 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Elm Property Finance Elm Property Finance Limited | Legal charge | 1 property | 22/04/2008 | 09/11/2013 |