CUBE DIRECT LTD
🌿Early-stageactive
13834733 · ltd · incorporated 2022-01-07
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£152.9k
book net assets
Opportunity
71/100
Strong
What this business does
Primary activity: Wholesale of household goods (other than musical instruments) n.e.c.
Sector: Wholesale & retail
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.
Opportunity 71/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).
Data confidence
Overall: high (81/100)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
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 5 total, 5 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
28 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £152,879
Net assets shrinking
Down £4,722 YoY
Cash YoY
-4%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£178k
↓ 3.5% YoY
Net Worth
£153k
↓ 3.0% YoY
Current Assets
£329k
↑ 5.7% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £158.1k | £163.0k |
| Current assets | £328.6k | £311.0k |
| Cash | £178.0k | £184.5k |
| Debtors | £150.6k | £126.5k |
| Net assets | £152.9k | £157.6k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
3 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
6
filings
- • 3 persons-with-significant-control
- • 1 resolution
- • 1 incorporation
Last 90 days
6
filings
- • 3 persons-with-significant-control
- • 1 resolution
- • 1 incorporation
Last 180 days
7
filings
- • 4 persons-with-significant-control
- • 1 resolution
- • 1 incorporation
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
- 2026-07-04📄resolutionresolution · RESOLUTIONS
- 2026-07-04📄memorandum-articlesincorporation · MA
- 2026-07-04📄capital-name-of-class-of-sharescapital · SH08
- 2026-06-18📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-06-18📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-06-17📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2026-01-14📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-12-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-05-16📄capital-return-purchase-own-sharescapital · SH03
- 2025-05-12📄capital-cancellation-sharescapital · SH06
- 2025-04-24📄resolutionresolution · RESOLUTIONS
- 2025-04-10📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-04-10📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-04-10📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-04-10📄resolutionresolution · RESOLUTIONS
- 2025-04-10📄resolutionresolution · RESOLUTIONS
- 2025-04-08📄capital-cancellation-sharescapital · SH06
- 2025-03-31➖BABINGTON, Valerie Ann resigneddirector
- 2024-12-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-10-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-03-08📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2022-06-08📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-06-01➕WARD, Amanda Jane appointeddirector
- 2022-01-07🏢Company incorporatedAs CUBE DIRECT LTD
- 2022-01-07➕WARD, James appointeddirector
- 2022-01-07➕BABINGTON, Valerie Ann appointeddirector
Owner dependency
66/100
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.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- 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.)
Group structure
Yf Laglint (Hk) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Yf Laglint (Hk) Limited
Corporate parent · holds 75-100% shares
⬇
CUBE DIRECT LTD
This company · 13834733
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Yf Laglint (Hk) Limited Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 30/03/2026 |
4 historic (ceased) PSCs
- Mrs Amanda Jane Wardceased 30/03/2026· 25-50% shares · 25-50% voting
- Mr James Wardceased 30/03/2026· 25-50% shares · 25-50% voting
- Mrs Valerie Ann Babingtonceased 31/03/2025· 25-50% shares · 25-50% voting
- Mr James Wardceased 01/06/2022· 25-50% shares · 25-50% voting
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 · Wholesale & distribution · TA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BONING TRADE LTD→ 15209502 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BUILDING VISION ALGERIA LIMITED→ 12710393 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| C.E.MCKAY LTD→ 06658370 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| CARD LINE (WEST COUNTRY) LIMITED→ 05036687 · est 2004 · no financials extracted | — | — | — | — | 22y | — | — |
| CLEANING SOLUTIONS UK LTD→ 08333360 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| CONTROL METRIX LTD→ 15910023 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| COOL STOP ONLINE LIMITED→ 13243429 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| CROGHAN PEAT INDUSTRIES LIMITED→ 03566113 · est 1998 · no financials extracted | — | — | — | — | 27y | — | — |
| CYBERSHIELD TECHNOLOGIES LTD→ 15490093 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| DA-COMPOSITES LTD→ 16824429 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| DAILY NEEDS FOODS UK LTD→ 16945662 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| DAILY NEEDS TRADING LTD→ 13075015 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
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
Incorporated2022-01-07
Jurisdictionengland-wales
Primary SIC46499 — Wholesale of household goods (other than musical instruments) n.e.c.
Registered office
Unit 1p Westpark 26
Chelston
Wellington
Somerset
TA21 9AD
United Kingdom
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-01-20
Last: 2026-01-06
Officers (2 active · 1 resigned)
WARD, Amanda Jane→
Activedirector · ~51y · appointed 2022-06-01
View their other companies + combined net worth →
Active
BABINGTON, Valerie Ann→
Resigneddirector · ~63y · appointed 2022-01-07 · resigned 2025-03-31
Click a director name to see their full track record across all companies.
Recent filings (28 total)
resolution
resolution · RESOLUTIONS
2026-07-04
memorandum-articles
incorporation · MA
2026-07-04
capital-name-of-class-of-shares
capital · SH08
2026-07-04
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-06-18
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-06-18
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2026-06-17
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-01-14
confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-11
capital-return-purchase-own-shares
capital · SH03
2025-05-16
capital-cancellation-shares
capital · SH06
2025-05-12
resolution
resolution · RESOLUTIONS
2025-04-24
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-04-10
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-04-10
termination-director-company-with-name-termination-date
officers · TM01
2025-04-10