3 COUNTIES SURFACING LTD

🌿Early-stageactive
13934585 · ltd · incorporated 2022-02-23
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
Upgrade to see
Turnover
year to Feb 2025
Net worth
£459
book net assets
Opportunity
67/100
Strong
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What this business does
Primary activity: Construction of domestic buildings
Sector: Construction
Investor take
Special-situation opportunity
Asset-holding vehicle. Family succession underway — not a classic acquisition target.

Opportunity 67/100 (strong), bankability 60/100. Same-surname younger director in place — likely family handover, not open to sale. 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
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
13 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
67/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
50
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 · accounting standard not declared
Positive net assets
Net assets £459
Cash YoY
-13%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£457
↓ 13% YoY
Net Worth
£459
↑ 123% YoY
Current Assets
£1k
~ YoY
Current Liabilities
£0£200£400£600£800£1kFeb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-02-282024-02-28
Total assets£459£206
Current assets£1.0k£991
Cash£457£527
Debtors£543£464
Net assets£459£206

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 (13 events)Click to expand
  1. 2025-05-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-09-24
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  3. 2024-09-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-07-03
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  5. 2024-05-14
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  6. 2023-10-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-10-05
    BOSWELL, Lewis Donald appointed
    director
  8. 2023-10-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2023-06-24
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  10. 2023-05-16
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  11. 2022-02-23
    🏢
    Company incorporated
    As 3 COUNTIES SURFACING LTD
  12. 2022-02-23
    BOSWELL, Julie Marie appointed
    director
  13. 2022-02-23
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

74/100
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.
  • +Senior director age: Director aged approximately 64 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

16/100
No succession signal

No meaningful acquirability indicators from public data.

SIGNALS
  • primaryFamily succession underway: Not a takeover target — BOSWELL, Julie Marie (same surname) appointed 2022-02-23. Pattern consistent with intra-family handover.
  • primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
  • 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: 2026-03-08

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mrs Julie Marie Boswell
Individual · British · DOB 06/1972 · age 54
75100%
75–100%board control75-100% shares · 75-100% voting · board control23/02/2022

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
Incorporated2022-02-23
Jurisdictionengland-wales
Primary SIC41202 — Construction of domestic buildings

Registered office

32 The Crescent
Spalding
PE11 1AF
England

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-03-08OVERDUE
Last: 2025-02-22

Officers (2 active · 0 resigned)

BOSWELL, Julie Marie
director · ~54y · appointed 2022-02-23
View their other companies + combined net worth →
Active
BOSWELL, Lewis Donald
director · ~64y · appointed 2023-10-05
View their other companies + combined net worth →
Active

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

Recent filings (13 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-03
gazette-filings-brought-up-to-date
gazette · DISS40
2024-09-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-21
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2024-07-03
gazette-notice-compulsory
gazette · GAZ1
2024-05-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-20
appoint-person-director-company-with-name-date
officers · AP01
2023-10-05
gazette-filings-brought-up-to-date
gazette · DISS40
2023-06-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-23
gazette-notice-compulsory
gazette · GAZ1
2023-05-16
incorporation-company
incorporation · NEWINC
2022-02-23