27SOUTHEAST LTD

🚨Distressedactive
14945353 · ltd · incorporated 2023-06-19
Investment thesis
Attractive distress candidate — real problems but workable structure.
Why interesting: Falling signals but no deal-breakers yet; room for negotiation and turnaround.
Why risky: Signals worsening; needs speed and capital discipline.
🔒Estimated value
Upgrade to see
Turnover
year to Jun 2024
Net worth
£-770
book net assets
Opportunity
60/100
Worth a look
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Retail sale via mail order houses or via Internet
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 60/100 (worth a look), bankability 50/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100).

Data confidence

Overall: medium (69/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
7 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
60/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
45
Concerning — overdue filings or status flags present.
Acquirability
50
Some acquirability indicators.
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
Negative net assets
Liabilities exceed assets by £770

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
-£770
Current Assets
£211
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-06-30
Total assets£212
Current assets£211
Net assets£-770

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
1
filing
  • 1 gazette
Last 90 days
1
filing
  • 1 gazette
Last 180 days
1
filing
  • 1 gazette
Counts from Companies House filing history.
Corporate timeline (7 events)Click to expand
  1. 2026-06-02
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  2. 2025-10-11
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  3. 2025-09-09
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2025-03-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-06-19
    🏢
    Company incorporated
    As 27SOUTHEAST LTD
  6. 2023-06-19
    WORTHINGTON, George Partick appointed
    director
  7. 2023-06-19
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

80/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Young company: Only 3.0 years old — management layer unlikely to be developed.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-03-31

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
George Partick Worthington
Individual · British · DOB 05/1989 · age 37
75100%
75–100%board control75-100% shares · 75-100% voting · board control19/06/2023

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Retail · EC postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
8U2 LTD.
13929559 · est 2022 · no financials extracted
4y
9INETEEN LTD
14669134 · est 2023 · no financials extracted
3y
9SEASON LTD
14776231 · est 2023 · no financials extracted
3y
A&A MARKETING SOLUTIONS COMPANY LTD
15301661 · est 2023 · no financials extracted
2y
A1 COMMERCE LTD
14666988 · est 2023 · no financials extracted
3y
A1 MERCHANT LTD
11283888 · est 2018 · no financials extracted
8y
A1 PRODUCT LTD
15495585 · est 2024 · no financials extracted
2y
A1MARKET LTD
16337545 · est 2025 · no financials extracted
1y
A24Z LTD
15153605 · est 2023 · no financials extracted
2y
A2B-UK LTD
15723929 · est 2024 · no financials extracted
1y
A2X STORES LTD
16668444 · est 2025 · no financials extracted
A3 APPLIANCES LIMITED
04754360 · est 2003 · no financials extracted
22y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

10 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
Incorporated2023-06-19
Jurisdictionengland-wales
Primary SIC47910 — Retail sale via mail order houses or via Internet

Registered office

86-90 Paul Street
London
England
EC2A 4NE
United Kingdom

Filing status

Accounts
Next due: 2026-03-31OVERDUE
Last made up to: 2024-06-30
Confirmation statement
Next due: 2026-07-02
Last: 2025-06-18

Officers (1 active · 0 resigned)

WORTHINGTON, George Partick
director · ~37y · appointed 2023-06-19
View their other companies + combined net worth →
Active

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

Recent filings (7 total)

gazette-notice-compulsory
gazette · GAZ1
2026-06-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-26
gazette-filings-brought-up-to-date
gazette · DISS40
2025-10-11
gazette-notice-compulsory
gazette · GAZ1
2025-09-09
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-27
incorporation-company
incorporation · NEWINC
2023-06-19