3L PROJECTS LIMITED LIABILITY PARTNERSHIP
Opportunity 71/100 (strong), bankability 67/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
Refinance opportunity
3 live charges · 3 lenders · oldest 6.3y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 6.3 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (77/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 102Key financials
2 years extracted from filed iXBRL accountsHover 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 | £1.50M | £1.45M |
| Current assets | £18.0k | £17.1k |
| Cash | £2.9k | £2.2k |
| Debtors | £15.1k | £14.9k |
| Net assets | £694.6k | £650.2k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 confirmation-statement
- • 1 confirmation-statement
- • 1 mortgage
- • 1 accounts
Corporate timeline (31 events)Click to expand
- 2026-03-31📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2026-02-06📄mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnershipmortgage · LLMR01
- 2026-02-05🔒Charge registered #3Lender: Aldermore Bank PLC
- 2025-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-04-24📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2024-12-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-04-04📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2023-12-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-04-05📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2022-12-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-03-28📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2021-12-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-03-25📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2021-02-03📄mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnershipmortgage · LLMR01
- 2021-01-22🔒Charge registered #2Lender: Paragon Bank PLC
- 2020-09-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-03-31📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2020-01-16📄mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnershipmortgage · LLMR01
- 2020-01-15🔒Charge registered #1Lender: Keystone Property Finance Limited
- 2019-11-05📄change-person-member-limited-liability-partnership-with-name-change-dateofficers · LLCH01
- 2019-11-05📄change-person-member-limited-liability-partnership-with-name-change-dateofficers · LLCH01
- 2019-11-05📄change-to-a-person-with-significant-control-limited-liability-partnershippersons-with-significant-control · LLPSC04
- 2019-11-05📄change-to-a-person-with-significant-control-limited-liability-partnershippersons-with-significant-control · LLPSC04
- 2019-10-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-04-11📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2019-03-13📍change-registered-office-address-limited-liability-partnership-with-date-old-address-new-addressaddress · LLAD01
- 2018-11-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-05-03📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2017-03-22🏢Company incorporatedAs 3L PROJECTS LIMITED LIABILITY PARTNERSHIP
- 2017-03-22➕KENYON, Andrew John appointedllp-designated-member
- 2017-03-22➕TIPPETT, Wendy Patricia appointedllp-designated-member
Owner dependency
Some founder dependency, but not acute. A structured handover period should cover most risk.
- +No director turnover: Company is 9 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Limited succession signal. Not a near-term off-market candidate.
Red flags
cleanShareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Wendy Patricia Tippett Individual · British · DOB 04/1960 · age 66 | — | 25–50% | 25-50% voting | 22/03/2017 |
Mr Andrew John Kenyon Individual · British · DOB 05/1958 · age 68 | — | 25–50% | 25-50% voting | 22/03/2017 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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| 100% RENEWABLES LTD→ 15235894 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 101 A+D LTD→ 11816790 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
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 →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
Registered office
Filing status
Officers (2 active · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 05/02/2026 | — | |
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 22/01/2021 | — | |
| outstanding | Keystone Property Finance Keystone Property Finance Limited | A registered charge | 1 property | 15/01/2020 | — |