360 DIGGING LTD

💤Zombieactive
10827878 · ltd · incorporated 2017-06-20
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 Jun 2024
Net worth
book net assets
Opportunity
66/100
Strong
🔔
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What this business does
Primary activity: Other specialised construction activities n.e.c.
Sector: Construction
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 66/100 (strong), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (53/100).

Data confidence

Overall: medium (78/100)

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
Confirmed no charges registered
85
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
23 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
66/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
50
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Jun 2023Jun 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · IFRS
Metric2024-06-302023-06-30
Average employees100100

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

Recent activity

Last 30 days
1
filing
  • 1 gazette
Last 90 days
1
filing
  • 1 gazette
Last 180 days
1
filing
  • 1 gazette
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
  1. 2026-05-26
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  2. 2025-06-11
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2025-06-07
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  4. 2025-05-27
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  5. 2024-04-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-03-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2022-03-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-05-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2020-03-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2019-11-06
    📄
    administrative-restoration-company
    restoration · RT01
  11. 2019-10-22
    📄
    gazette-dissolved-compulsory
    gazette · GAZ2
  12. 2019-08-06
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  13. 2019-03-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2018-05-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2017-06-20
    🏢
    Company incorporated
    As 360 DIGGING LTD
  16. 2017-06-20
    LONGSTAFF, Mark appointed
    director
  17. 2017-06-20
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

88/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.
  • +No director turnover: Company is 9 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

55/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-03-31

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Mark Longstaff
Individual · British · DOB 08/1965 · age 61
75100%
75–100%board control75-100% shares · 75-100% voting · board control20/06/2017

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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Available from the Pro tier upwards.

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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.

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Company details

Statusactive
Typeltd
Incorporated2017-06-20
Jurisdictionengland-wales
Primary SIC43999 — Other specialised construction activities n.e.c.

Registered office

6 Suffolk Road
Hebburn
NE31 2DX
England

Filing status

Accounts
Next due: 2026-03-31OVERDUE
Last made up to: 2024-06-30
Confirmation statement
Next due: 2026-05-30
Last: 2025-05-16

Officers (1 active · 0 resigned)

LONGSTAFF, Mark
director · ~61y · appointed 2017-06-20
View their other companies + combined net worth →
Active

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

Recent filings (23 total)

gazette-notice-compulsory
gazette · GAZ1
2026-05-26
accounts-with-accounts-type-dormant
accounts · AA
2025-06-11
gazette-filings-brought-up-to-date
gazette · DISS40
2025-06-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-04
gazette-notice-compulsory
gazette · GAZ1
2025-05-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-22
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-17
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-17
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-25
accounts-with-accounts-type-micro-entity
accounts · AA
2021-05-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-05-20
accounts-with-accounts-type-micro-entity
accounts · AA
2020-03-25