DOUBLE RED 359 LTD.

🌳Matureactive
06892487 · ltd · incorporated 2009-04-30
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Why now
Window steady · medium confidence
Mixed signals — 1 changes over 30 days, no clear direction yet.
  • · Refinance opportunity: under_pressure → clean_up_first
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 17.1y old — refinance window within 12 months
What changed my view
Last 30 days

Mixed signals in the last 30 days — 0 improved, 0 worsened.

  • ·Refinance opportunity: under_pressure → clean_up_first
Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
—
Upgrade to see
Turnover
—
year to Sept 2025
Net worth
£2.31M
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: SIC 03110
Sector: Agriculture, forestry & fishing
ALSO REGISTERED FOR
  • 96090Other service activities n.e.c.
Investor take
Pursue
Active trading company with a 64-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (70/100, director aged 64). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · oldest 17.1y

65/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 17.1 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: high (85/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
3 years of iXBRL accounts extracted + narrative notes parsed
95
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
5 officers (3 active, 5 linked, 3 with DOB)
82
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
63 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
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 £2,308,953
Cash YoY
+34%
Year on year

Key financials

3 years extracted from filed iXBRL accounts
Cash
£31k
↑ 34% YoY
Net Worth
£2.3m
↑ 12% YoY
Current Assets
£142k
↓ 30% YoY
Current Liabilities
—
£0£462k£924k£1.4m£1.8m£2.3mSept 2023Sept 2024Sept 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-09-302024-09-302023-09-30
Total assets£2.31M£2.06M£1.94M
Current assets£141.8k£201.2k£415.9k
Cash£30.7k£23.0k£289.9k
Debtors£111.1k£178.3k£126.0k
Net assets£2.31M£2.06M£1.94M

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
1
filing
  • • 1 accounts
Last 90 days
2
filings
  • • 1 accounts
  • • 1 confirmation-statement
Last 180 days
2
filings
  • • 1 accounts
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2026-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-07-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-06-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-06-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-10-04
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2022-10-04
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2022-07-29
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2022-06-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2021-06-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-03-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2020-08-04
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2020-08-04
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2020-06-15
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  14. 2020-06-15
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  15. 2019-08-30
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  16. 2019-08-30
    🔓
    Charge satisfied #2
  17. 2019-06-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2018-10-18
    📄
    accounts-amended-with-accounts-type-total-exemption-full
    accounts · AAMD
  19. 2013-05-16
    ➕
    MORGAN, Eveline Ann appointed
    director
  20. 2009-09-16
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  21. 2009-05-29
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  22. 2009-04-30
    🏢
    Company incorporated
    As DOUBLE RED 359 LTD.
  23. 2009-04-30
    ➕
    MORGAN, Eveline appointed
    secretary
  24. 2009-04-30
    ➕
    MORGAN, David appointed
    director
  25. 2009-04-30
    ➕
    BRIAN REID LTD. appointed
    corporate-secretary
  26. 2009-04-30
    ➖
    BRIAN REID LTD. resigned
    corporate-secretary
  27. 2009-04-30
    ➕
    MABBOTT, Stephen George appointed
    director
  28. 2009-04-30
    ➖
    MABBOTT, Stephen George resigned
    director

Owner dependency

84/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 64 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

79/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 17 years.
  • secondaryStable-but-static management: Company is 17 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr David Morgan
Individual · British · DOB 07/1962 · age 64
50–75%
50–75%50-75% shares · 50-75% voting06/04/2016
Mrs Eveline Ann Morgan
Individual · British · DOB 03/1963 · age 63
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016

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 →

Similar companies

Active · Agriculture · SW postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
BOTANICOIR LIMITED→
05519170 · est 2005
£1.44M
£1.11M–£1.77M
£19.10M—60020y9056y
ALBA TREES LIMITED→
02188633 · est 1987
£674.6k
£518.9k–£830.3k
——9138y8565y
ZANDER GROUP LIMITED→
04555682 · est 2002
———023y8382y
ADVANCED TREE SERVICES LIMITED→
03358569 · est 1997
————29y8259y
CADOGAN ESTATES (AGRICULTURAL HOLDINGS) LIMITED→
00823770 · est 1964
——£165.0k—61y8169y
CARSE ESTATE LIMITED→
03239404 · est 1996
———129y8064y
CAUSTON STREET FARMS LIMITED→
02768104 · est 1992 · no financials extracted
————33y8080y
QUANTUM LEAP RACING BREEDING II LTD→
08709011 · est 2013 · no financials extracted
————12y——
ROWBOROUGH GAME BIRDS LIMITED→
13840230 · est 2022 · no financials extracted
————4y——
SEVEN JACK RUSSELLS LIMITED→
11801260 · est 2019 · no financials extracted
————7y——
SOCIAL RAWMARKETPLACE CIC→
16241446 · est 2025 · no financials extracted
————1y——
SPROUT UP SCHOOLS CIC→
12789126 · est 2020 · no financials extracted
————5y——
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 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
Incorporated2009-04-30
Jurisdictionengland-wales
Primary SIC03110 — SIC 03110

Registered office

Office 9, Dalton House, 60 Windsor Avenue
London
SW19 2RR
England

Filing status

Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2027-05-28
Last: 2026-05-14

Officers (3 active · 2 resigned)

MORGAN, Eveline→
secretary · appointed 2009-04-30
View their other companies + combined net worth →
Active
MORGAN, David→
director · ~64y · appointed 2009-04-30
View their other companies + combined net worth →
Active
MORGAN, Eveline Ann→
director · ~63y · appointed 2013-05-16
View their other companies + combined net worth →
Active
BRIAN REID LTD.→
corporate-secretary · appointed 2009-04-30 · resigned 2009-04-30
Resigned
MABBOTT, Stephen George→
director · ~76y · appointed 2009-04-30 · resigned 2009-04-30
Resigned

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Mortgage1 property16/09/200930/08/2019
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Debenture1 property29/05/2009—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (63 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-06-30
confirmation-statement-with-updates
confirmation-statement · CS01
2026-05-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-28
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-27
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-17
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-22
confirmation-statement-with-updates
confirmation-statement · CS01
2023-06-08
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-10-04
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-10-04
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-07-29
accounts-with-accounts-type-micro-entity
accounts · AA
2022-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-07