HEMP & HARMONY LTD

🏛️Establishedactive
11587793 · ltd · incorporated 2018-09-25
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 Nov 2024
Net worth
£-110.6k
book net assets
Opportunity
69/100
Strong
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What this business does
Primary activity: SIC 10890
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 69/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (73/100).

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
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
25 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
55
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Negative net assets
Liabilities exceed assets by £110,623

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£111k
~ YoY
Current Assets
£69k
~ YoY
Current Liabilities
-£111k-£75k-£39k-£3k£33k£69kNov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-11-302023-11-30
Total assets£-110.6k£-109.9k
Current assets£69.0k£69.4k
Debtors£69.0k£69.4k
Net assets£-110.6k£-109.9k

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2025-08-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-08-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-08-15
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2024-08-14
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2024-07-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2023-11-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-08-29
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  8. 2022-12-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2022-08-26
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  10. 2021-10-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-01-14
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2020-06-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2020-06-18
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2019-10-22
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  15. 2019-06-05
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  16. 2019-06-05
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  17. 2019-06-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2019-03-29
    SANGSTER, Andrew Ian Clive appointed
    director
  19. 2018-09-25
    🏢
    Company incorporated
    As HEMP & HARMONY LTD
  20. 2018-09-25
    PIPER, Lexan Neville appointed
    director
  21. 2018-09-25
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

78/100
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 90 — succession pressure is live.
  • +No director turnover: Company is 8 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

66/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 90 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-06-19

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Andrew Ian Clive Sangster
Individual · British · DOB 05/1966 · age 60
2550%
25–50%25-50% shares · 25-50% voting29/03/2019
Mr Lexan Neville Piper
Individual · Australian · DOB 12/1936 · age 90
2550%
25–50%25-50% shares · 25-50% voting25/09/2018

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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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

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 →
🔒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
Incorporated2018-09-25
Jurisdictionengland-wales
Primary SIC10890 — SIC 10890

Registered office

25 Lemon Street
Truro
Cornwall
TR1 2LS
United Kingdom

Filing status

Accounts
Next due: 2026-08-28
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-06-19OVERDUE
Last: 2025-06-05

Officers (2 active · 0 resigned)

PIPER, Lexan Neville
director · ~90y · appointed 2018-09-25
View their other companies + combined net worth →
Active
SANGSTER, Andrew Ian Clive
director · ~60y · appointed 2019-03-29
View their other companies + combined net worth →
Active

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

Recent filings (25 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-27
change-person-director-company-with-change-date
officers · CH01
2024-08-15
change-person-director-company-with-change-date
officers · CH01
2024-08-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-16
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-07-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-29
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-08-29
confirmation-statement-with-updates
confirmation-statement · CS01
2023-08-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-15
change-account-reference-date-company-previous-shortened
accounts · AA01
2022-08-26
confirmation-statement-with-updates
confirmation-statement · CS01
2022-06-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-19
confirmation-statement-with-updates
confirmation-statement · CS01
2021-06-24