3 LEGGED THING LIMITED

🌳Matureactive

07310971 · ltd · incorporated 2010-07-12

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

—

Upgrade to see

Turnover

—

year to Dec 2024

Net worth

£1.41M

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: SIC 26702

Sector: Manufacturing

Investor take

Pursue

Asset-holding vehicle with a 68-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 85/100. Strong seller-intent signal (68/100, director aged 68). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -42% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 14.4y

45/100

under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

· Oldest live charge is 14.4 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: high (80/100)

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

Company profile

address, 1 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

12 officers (2 active, 12 linked, 12 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

2 connected companies via shared directors

Filing history

78 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102

Positive net assets

Net assets £1,413,807

Net assets shrinking

Down £17,820 YoY

Cash draining

Cash down 42% YoY

Cash YoY

-42%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£442k

↓ 42% YoY

Net Worth

£1.4m

↓ 1.2% YoY

Current Assets

£1.6m

↓ 14% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2024-12-31	2023-12-31
Total assets	£1.41M	£1.51M
Current assets	£1.63M	£1.89M
Cash	£441.6k	£766.7k
Debtors	£298.5k	£159.8k
Net assets	£1.41M	£1.43M

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

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

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (43 events)Click to expand

2025-10-16
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-10-16
📄
change-person-director-company-with-change-date
officers · CH01
2025-09-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-14
📄
change-person-director-company-with-change-date
officers · CH01
2024-09-19
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-12
📄
change-person-director-company-with-change-date
officers · CH01
2023-07-12
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-05-18
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-09-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-16
📄
change-person-director-company-with-change-date
officers · CH01
2022-05-16
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-09-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-02
📄
mortgage-satisfy-charge-full
mortgage · MR04
2021-08-02
🔓
Charge satisfied #1
2020-09-23
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2020-09-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-09-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-11-28
📄
accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2015-09-29
➖
PERRY, Sean Leonard resigned
director
2014-01-02
➖
BOOTHROYD, Jessica Jane resigned
director
2013-11-25
➖
MCEWAN, Timothy resigned
director
2013-11-25
➖
WOODALL, Penelope resigned
director
2012-07-03
➕
GARBER, Gary Ian appointed
director
2012-07-01
➕
BOOTHROYD, Jessica Jane appointed
director
2012-07-01
➕
PERRY, Sean Leonard appointed
director
2012-06-01
➖
BROWN, Sarah resigned
director
2012-04-24
➕
LENIHAN, Daniel James appointed
director
2011-12-21
🔒
Charge registered #1
Lender: Rbs Invoice Finance Limited
2011-08-15
➖
BOOTHROYD, Jessica Jane resigned
director
2011-08-15
➖
LENIHAN, Daniel James resigned
director
2011-08-15
➖
PERRY, Sean resigned
director
2011-08-15
➖
TURNER, Mark resigned
director
2010-07-12
🏢
Company incorporated
As 3 LEGGED THING LIMITED
2010-07-12
➕
BOOTHROYD, Jessica Jane appointed
director
2010-07-12
➕
BROWN, Sarah appointed
director
2010-07-12
➕
LENIHAN, Daniel James appointed
director
2010-07-12
➕
MCEWAN, Timothy appointed
director
2010-07-12
➕
PERRY, Sean appointed
director
2010-07-12
➕
SHAH, Ela appointed
director
2010-07-12
➖
SHAH, Ela resigned
director
2010-07-12
➕
TURNER, Mark appointed
director
2010-07-12
➕
WOODALL, Penelope appointed
director

Owner dependency

73/100

High — earn-out structure required

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

FACTORS

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
+Founder age: Director aged approximately 68 — succession pressure is live.

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 68. 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 14 years.
secondaryStable-but-static management: Company is 16 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

Name	Shares	Voting rights	Nature of control	Notified
Mr Daniel James Lenihan Individual · British · DOB 11/1972 · age 54	25–50%	25–50%	25-50% shares · 25-50% voting	06/04/2016
Mr Gary Ian Garber Individual · British · DOB 12/1958 · age 68	—	—	sig. influencesignificant influence	06/04/2016

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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101 BESPOKE KITCHEN LTD→ 14988487 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
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24/7 FUEL FIX LTD→ 12730283 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
3-WAY DISPLAYS LIMITED→ 03995268 · est 2000 · no financials extracted	—	—	—	—	25y	—	—
999PRINT LTD→ 16211982 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
A & H JOINERY ASSOCIATES LTD→ 14140898 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
A I DENTAL ENGINEERING LIMITED→ 10527314 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
A. B. COOPER LIMITED→ 03885703 · est 1999 · no financials extracted	—	—	—	—	26y	—	—
A.G.E. BEAUTY SERVICES LTD→ 14561368 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
A&H BLINDS (LONDON) LIMITED→ 15126791 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
A2Z HVAC LTD→ 16443219 · est 2025 · no financials extracted	—	—	—	—	—	—	—
A40 TYRES LTD→ 13814795 · est 2021 · no financials extracted	—	—	—	—	4y	—	—

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

Incorporated2010-07-12

Jurisdictionengland-wales

Primary SIC26702 — SIC 26702

Registered office

Avaland House, 110 London Road,

Apsley,

Hemel Hempstead,

Herts.

HP3 9SD

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2026-07-26

Last: 2025-07-12

Officers (2 active · 10 resigned)

GARBER, Gary Ian→

director · ~68y · appointed 2012-07-03

View their other companies + combined net worth →

Active

LENIHAN, Daniel James→

director · ~54y · appointed 2012-04-24

View their other companies + combined net worth →

Active

BOOTHROYD, Jessica Jane→

director · ~39y · appointed 2012-07-01 · resigned 2014-01-02

Resigned

BOOTHROYD, Jessica Jane→

director · ~39y · appointed 2010-07-12 · resigned 2011-08-15

Resigned

BROWN, Sarah→

director · ~52y · appointed 2010-07-12 · resigned 2012-06-01

Resigned

LENIHAN, Daniel James→

director · ~54y · appointed 2010-07-12 · resigned 2011-08-15

Resigned

MCEWAN, Timothy→

director · ~55y · appointed 2010-07-12 · resigned 2013-11-25

Resigned

PERRY, Sean Leonard→

director · ~58y · appointed 2012-07-01 · resigned 2015-09-29

Resigned

PERRY, Sean→

director · ~58y · appointed 2010-07-12 · resigned 2011-08-15

Resigned

SHAH, Ela→

director · ~74y · appointed 2010-07-12 · resigned 2010-07-12

Resigned

TURNER, Mark→

director · ~60y · appointed 2010-07-12 · resigned 2011-08-15

Resigned

WOODALL, Penelope→

director · ~79y · appointed 2010-07-12 · resigned 2013-11-25

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:1 of 1 shown

			Type	Properties
	satisfied	NatWest Group Rbs Invoice Finance Limited	All assets debenture	1 property	21/12/2011	02/08/2021

Recent filings (78 total)

change-to-a-person-with-significant-control

persons-with-significant-control · PSC04

2025-10-16

change-person-director-company-with-change-date

officers · CH01

2025-10-16

accounts-with-accounts-type-total-exemption-full

accounts · AA

2025-09-23

confirmation-statement-with-updates

confirmation-statement · CS01

2025-07-22

change-person-director-company-with-change-date

officers · CH01

2025-07-14

accounts-with-accounts-type-total-exemption-full

accounts · AA

2024-09-19

confirmation-statement-with-updates

confirmation-statement · CS01

2024-07-17

accounts-with-accounts-type-total-exemption-full

accounts · AA

2023-07-25

confirmation-statement-with-updates

confirmation-statement · CS01

2023-07-24

change-person-director-company-with-change-date

officers · CH01

2023-07-12

change-to-a-person-with-significant-control

persons-with-significant-control · PSC04

2023-07-12

change-to-a-person-with-significant-control

persons-with-significant-control · PSC04

2023-05-18

accounts-with-accounts-type-total-exemption-full

accounts · AA

2022-09-29

confirmation-statement-with-no-updates

confirmation-statement · CS01

2022-07-27

change-person-director-company-with-change-date

officers · CH01

2022-05-16