3RD LIGHT HOLDINGS LIMITED
Opportunity 69/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
Refinance opportunity
5 live charges · 3 lenders · oldest 7.5y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 7.5 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · IFRS| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Average employees | 100 | — |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 accounts
- • 1 accounts
Corporate timeline (22 events)Click to expand
- 2026-04-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-04-18📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2024-03-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-02-29🔒Charge registered #5Lender: Aldermore Bank PLC
- 2023-07-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-06-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-09-06📄change-person-director-company-with-change-dateofficers · CH01
- 2021-09-06📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-06-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-12-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-12-03🔒Charge registered #4Lender: Aldermore Bank PLC
- 2020-11-02📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-10-30🔒Charge registered #3Lender: Keystone Property Finance Limited
- 2020-06-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-06-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-06-07🔒Charge registered #2Lender: Lloyds Bank PLC
- 2018-11-26📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2018-11-26🔒Charge registered #1Lender: Lloyds Bank PLC
- 2018-09-07🏢Company incorporatedAs 3RD LIGHT HOLDINGS LIMITED
- 2018-09-07➕ROSE, James Christopher appointeddirector
- 2018-09-07📄incorporation-companyincorporation · NEWINC
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +No director turnover: Company is 8 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
1 lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr James Rose Individual · British · DOB 08/1969 · age 57 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 07/09/2018 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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|---|---|---|---|---|---|---|---|
| 140 PINKERTON ROAD (MC) LIMITED→ 06053855 · est 2007 · no financials extracted | — | — | — | — | 19y | — | — |
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| 246 LONDON ROAD MANAGEMENT COMPANY LIMITED→ 01808137 · est 1984 · no financials extracted | — | — | — | — | 42y | — | — |
| 275-277 RABY ROAD RTM COMPANY LIMITED→ 15244034 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 31 OAKLEY STREET MANAGEMENT LIMITED→ 01572758 · est 1981 · no financials extracted | — | — | — | — | 44y | — | — |
| 36MP MANAGEMENT LTD→ 16961062 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 38 BAKER STREET LIMITED→ 01462181 · est 1979 · no financials extracted | — | — | — | — | 46y | — | — |
| 3M ASIA PACIFIC UK HOLDING LTD→ 09908024 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| 3M PENSION TRUSTEES LIMITED→ 01434427 · est 1979 · no financials extracted | — | — | — | — | 46y | — | — |
| 41-53 PENTON WAY RTM COMPANY LTD→ 11555067 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 44 BULMERSHE ROAD RTM CO LTD→ 08206916 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
8 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 (1 active · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 29/02/2024 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 03/12/2020 | — | |
| outstanding | Keystone Property Finance Keystone Property Finance Limited | A registered charge | 1 property | 30/10/2020 | — | |
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 07/06/2019 | — | |
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 26/11/2018 | — |