LATITUDE360 LTD
💤Zombieactive
09351423 · ltd · incorporated 2014-12-11
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2025
Net worth
£-15.5k
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)Distressed property-backed borrower — structural issues outweigh the discount.
Opportunity 79/100 (strong), bankability 80/100. 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 (73/100).
🏦
Refinance opportunity
2 live charges · oldest 10.2y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 10.2 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
47 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
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 · FRS 105 (micro)Negative net assets
Liabilities exceed assets by £15,458
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£15k
↑ 26% YoY
Current Assets
£28k
↓ 44% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Total assets | £-14.2k | £-19.6k |
| Current assets | £28.2k | £50.1k |
| Net assets | £-15.5k | £-20.9k |
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
0
filings
Last 90 days
1
filing
- • 1 accounts
Last 180 days
2
filings
- • 1 accounts
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
- 2026-03-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-08-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-09-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-02-20📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-02-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-02-19📄change-person-secretary-company-with-change-dateofficers · CH03
- 2024-02-19📄change-person-director-company-with-change-dateofficers · CH01
- 2024-02-19📄change-person-director-company-with-change-dateofficers · CH01
- 2024-02-19📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-09-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-07-12📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-07-12📄change-person-secretary-company-with-change-dateofficers · CH03
- 2022-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-09-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-02-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-02-04📄change-person-director-company-with-change-dateofficers · CH01
- 2021-02-04📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-07-22📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-07-08📄change-person-director-company-with-change-dateofficers · CH01
- 2016-03-31🔒Charge registered #2Lender: Shawbrook Bank Limited
- 2016-03-10🔒Charge registered #1Lender: Shawbrook Bank Limited
- 2014-12-11🏢Company incorporatedAs LATITUDE360 LTD
- 2014-12-11➕WATERHOUSE, Mark Robin appointedsecretary
- 2014-12-11➕WATERHOUSE, Mark Robin appointeddirector
Owner dependency
88/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
- +Senior director age: Director aged approximately 59 — approaching natural succession window.
- +No director turnover: Company is 11 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
60/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Mark Robin Waterhouse Individual · British · DOB 11/1967 · age 59 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 01/12/2016 |
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 · Property · TQ postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 8 & 10 PENNSYLVANIA ROAD MANAGEMENT LIMITED→ 12891446 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| A & G PERRATON LTD→ 16914996 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| A&J PROPERTIES SW LTD→ 16583366 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ABERFORD PROPERTIES LIMITED→ 00832468 · est 1964 · no financials extracted | — | — | — | — | 61y | — | — |
| ABI EIRE LTD→ 10405556 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ABI PM LTD→ 08455143 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| ABIERIS LIMITED→ 09240801 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| ABSOLUTE LETTINGS SOUTH DEVON LTD→ 15206208 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ABSOLUTE SALES & LETTINGS LTD→ 07230553 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| ABSOLUTE SALES SOUTH DEVON LTD→ 15206345 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ACCOUNTANCY & BUSINESS MANAGEMENT SERVICES LIMITED→ 00974260 · est 1970 · no financials extracted | — | — | — | — | 56y | — | — |
| ACKPROP LTD→ 14758936 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
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
Incorporated2014-12-11
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
50 Furzedown Road
Malborough
Kingsbridge
Devon
TQ7 3EX
England
Filing status
Accounts
Next due: 2027-09-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2026-12-25
Last: 2025-12-11
Officers (2 active · 0 resigned)
WATERHOUSE, Mark Robin→
Activesecretary · appointed 2014-12-11
View their other companies + combined net worth →
WATERHOUSE, Mark Robin→
Activedirector · ~59y · appointed 2014-12-11
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Shawbrook Shawbrook Bank Limited | A registered charge | 1 property | 31/03/2016 | — | |
| outstanding | Shawbrook Shawbrook Bank Limited | A registered charge | 1 property | 10/03/2016 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (47 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-27
confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-06
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-13
confirmation-statement-with-updates
confirmation-statement · CS01
2024-12-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-26
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-02-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-02-19
change-person-secretary-company-with-change-date
officers · CH03
2024-02-19
change-person-director-company-with-change-date
officers · CH01
2024-02-19
change-person-director-company-with-change-date
officers · CH01
2024-02-19
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-02-19
confirmation-statement-with-updates
confirmation-statement · CS01
2023-12-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-07-12
change-person-secretary-company-with-change-date
officers · CH03
2023-07-12