3 BRIDGES STORAGE LTD
🏛️Establishedactive
12647511 · ltd · incorporated 2020-06-05
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 Sept 2025
Net worth
£-213.4k
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: SIC 52103
Sector: Transportation & storage
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 79/100 (strong), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -37% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
1 live charge · oldest 4.4y
35/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Charge age ~4.4 years — mid-life; refi window approaching.
- · Single lender — cleanest path to refinance.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: high (82/100)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
1 charges (1/1 with lender, 1/1 with type)
90
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
7 connected companies via shared directors
66
Filing history
24 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
65
Adequate — check latest filings for context.
Acquirability
75
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 · accounting standard not declaredNegative net assets
Liabilities exceed assets by £213,374
Cash YoY
-37%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£34k
↓ 37% YoY
Net Worth
-£213k
↑ 13% YoY
Current Assets
£44k
↓ 30% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-09-30 | 2024-09-30 |
|---|---|---|
| Total assets | £-213.4k | £-229.6k |
| Current assets | £43.5k | £62.6k |
| Cash | £33.6k | £53.3k |
| Debtors | £9.9k | £9.3k |
| Net assets | £-213.4k | £-244.6k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
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
Last 30 days
1
filing
- • 1 accounts
Last 90 days
4
filings
- • 2 officers
- • 1 accounts
- • 1 address
Last 180 days
4
filings
- • 2 officers
- • 1 accounts
- • 1 address
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
- 2026-04-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2026-02-04📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2026-02-04📄change-person-director-company-with-change-dateofficers · CH01
- 2026-02-04📄change-person-director-company-with-change-dateofficers · CH01
- 2025-06-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-06-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-03-23🔓Charge satisfied #1
- 2023-08-30📄change-person-director-company-with-change-dateofficers · CH01
- 2023-08-30📄change-person-director-company-with-change-dateofficers · CH01
- 2023-08-30📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-08-30📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-06-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-05-24📄change-person-director-company-with-change-dateofficers · CH01
- 2023-05-24📄change-person-director-company-with-change-dateofficers · CH01
- 2022-02-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-20📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-12-14🔒Charge registered #1Lender: Hsbc UK Bank PLC
- 2020-07-13📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2020-07-13📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-06-05🏢Company incorporatedAs 3 BRIDGES STORAGE LTD
- 2020-06-05➕GLASS, Alexander Cuthbert appointeddirector
- 2020-06-05➕GLASS, Emma Louise appointeddirector
- 2020-06-05📄incorporation-companyincorporation · NEWINC
Owner dependency
79/100
High — earn-out structure requiredMaterial 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.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
46/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
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
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Alexander Cuthbert Glass Individual · British · DOB 09/1966 · age 60 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 05/06/2020 |
Mrs Emma Louise Glass Individual · British · DOB 10/1967 · age 59 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 05/06/2020 |
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
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|---|---|---|---|---|---|---|---|
| 109 HOPE TRANSPORT LTD→ 15393454 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
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| 1ST CLASS REMOVALS & SONS LTD→ 10995709 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| 1VAN2MAN LTD→ 17111513 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 2 SQUARE LOGISTICS LTD→ 16848949 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 24-05 DOT COM LIMITED→ 15924555 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 2MV LOGISTICS LIMITED→ 04163234 · est 2001 · no financials extracted | — | — | — | — | 25y | — | — |
| 303030 LTD→ 12529736 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| 333 CARS LTD→ 16812889 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 333 TAXIS LIMITED→ 09214003 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| 365 PREMIER GROUP LTD→ 16143198 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
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 →🔒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
Incorporated2020-06-05
Jurisdictionengland-wales
Primary SIC52103 — SIC 52103
Registered office
Lake House 2 Port Way
Port Solent
Portsmouth
Hampshire
PO6 4TY
England
Filing status
Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2026-06-18
Last: 2025-06-04
Officers (2 active · 0 resigned)
GLASS, Alexander Cuthbert→
Activedirector · ~60y · appointed 2020-06-05
View their other companies + combined net worth →
GLASS, Emma Louise→
Activedirector · ~59y · appointed 2020-06-05
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 14/12/2021 | 23/03/2024 |
Recent filings (24 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-02
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-02-04
change-person-director-company-with-change-date
officers · CH01
2026-02-04
change-person-director-company-with-change-date
officers · CH01
2026-02-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-30
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-28
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-04
mortgage-satisfy-charge-full
mortgage · MR04
2024-03-23
change-person-director-company-with-change-date
officers · CH01
2023-08-30
change-person-director-company-with-change-date
officers · CH01
2023-08-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-08-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-08-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-05