A LATHAM BUILDING SERVICES LTD
- · Thesis: well-run, low negotiation leverage
Opportunity 78/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)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 105 (micro)| Metric | 2025-05-31 | 2024-05-31 |
|---|---|---|
| Total assets | £8.6k | £1.5k |
| Current assets | £17.4k | £6.8k |
| Net assets | £8.6k | £1.5k |
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 confirmation-statement
- • 1 confirmation-statement
Corporate timeline (18 events)Click to expand
- 2025-09-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-02-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-10-01📄accounts-amended-with-accounts-type-micro-entityaccounts · AAMD
- 2024-02-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-02-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-02-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-05-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-02-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-06-20📄accounts-amended-with-accounts-type-micro-entityaccounts · AAMD
- 2019-03-12📄accounts-amended-with-accounts-type-micro-entityaccounts · AAMD
- 2019-02-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-06-12📄accounts-amended-with-accounts-type-micro-entityaccounts · AAMD
- 2018-02-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-06-13📄accounts-amended-with-accounts-type-total-exemption-smallaccounts · AAMD
- 2017-02-28📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2012-05-18🏢Company incorporatedAs A LATHAM BUILDING SERVICES LTD
- 2012-05-18➕LATHAM, Andrew appointeddirector
- 2012-05-18➕LATHAM, Helen appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder name in company name: Company name contains director surname "LATHAM" — strong identity link between founder and business.
- +Senior director age: Director aged approximately 63 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 14 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primaryFounder aged 63+: Senior director is approximately 63. 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.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanShareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Andrew Latham Individual · British · DOB 04/1963 · age 63 | 25–50% | — | 25-50% shares | 18/05/2017 |
Mrs Helen Lathan Individual · British · DOB 09/1969 · age 57 | 25–50% | — | 25-50% shares | 18/05/2017 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 →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 · 0 resigned)
Click a director name to see their full track record across all companies.