LATOAK LIMITED

💤Zombieactive

SC104215 · ltd · incorporated 1987-04-21

Investment thesis

Zombie company — trading but stalled; unlikely mover.

Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.

Why risky: No growth signal; thin margin for error on price.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

£553.5k

book net assets

Opportunity

79/100

Strong

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What this business does

Primary activity: SIC 52103

Sector: Transportation & storage

Investor take

Pursue

Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

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: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 23.6y

45/100

under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

· Oldest live charge is 23.6 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (76/100)

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

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

6 officers (2 active, 6 linked, 2 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

Network not yet resolved

Filing history

94 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

79/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £553,506

Cash YoY

+18%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£37k

↑ 18% YoY

Net Worth

£554k

↑ 3.2% YoY

Current Assets

£60k

↑ 10.0% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-03-31	2024-03-31
Total assets	£666.9k	£649.8k
Current assets	£59.9k	£54.4k
Cash	£37.3k	£31.5k
Debtors	£15.0k	£15.0k
Net assets	£553.5k	£536.3k

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

filings

Last 90 days

filings

Last 180 days

filings

• 1 accounts
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (25 events)Click to expand

2025-12-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-22
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-24
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-17
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-12-12
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-12-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2016-12-22
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-12-13
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2016-12-13
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2016-01-04
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-12-19
➕
PEACOCK, Brian Graham appointed
secretary
2015-12-18
➖
PEACOCK, William Graham resigned
secretary
2015-12-18
📄
change-person-secretary-company-with-change-date
officers · CH03
2015-12-18
📄
termination-director-company-with-name-termination-date
officers · TM01
2015-07-08
➖
PEACOCK, William Graham resigned
director
2006-06-30
🔓
Charge satisfied #1
2002-10-02
🔒
Charge registered #1
Lender: Clydesdale Bank Public Limited Company
2001-01-30
➖
STODDART, Gillian Janet resigned
secretary
1999-08-01
➕
STODDART, Gillian Janet appointed
secretary
1999-07-31
➖
PEACOCK, Ann Helen resigned
secretary
1989-03-14
➕
PEACOCK, Ann Helen appointed
secretary
1987-04-21
🏢
Company incorporated
As LATOAK LIMITED

Owner dependency

83/100

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.
+Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

75/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
secondaryStable-but-static management: Company is 39 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mr Brian Graham Peacock Individual · British · DOB 03/1963 · age 63	75–100%	—	75-100% shares	07/04/2016

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

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B. MUNDELL LIMITED→ SC054931 · est 1974	£1.96M £1.47M–£2.45M	—	—	54	52y	83	64y
GALLANACH MARINE CONSULTANTS LIMITED→ SC769319 · est 2023	£72.6k £54.5k–£90.8k	£28.2k	—	200	2y	84	50y
A M TRANSPORT (CAMPBELTOWN) LTD.→ SC355750 · est 2009	—	—	£827.4k	—	17y	82	68y
AAI INTERNATIONAL SCOTLAND LIMITED→ SC383141 · est 2010	—	—	—	800	15y	82	71y
BOYDS COACH HIRE LIMITED→ SC150742 · est 1994	—	—	£476.2k	—	31y	82	63y
BRIAN ADAM`S TRANSPORT LIMITED→ SC307386 · est 2006	—	—	£642.7k	—	19y	82	59y
BROOKFIELD SECURITIES LIMITED→ SC015861 · est 1930 · no financials extracted	—	—	—	—	96y	82	66y
CRD INTERNATIONAL TRANSPORT LTD.→ SC257963 · est 2003	—	—	£130.6k	—	22y	82	70y
D.W. PARKER LIMITED→ SC241950 · est 2003	—	—	£433.1k	—	23y	82	58y
FALKIRK CAR CARRIERS LTD.→ SC228015 · est 2002	—	—	—	16	24y	82	60y
FLYING SCOT GLASGOW LIMITED→ SC182653 · est 1998 · no financials extracted	—	—	—	—	28y	82	68y
GORDON GRANT MARINE LTD.→ SC265624 · est 2004	—	—	—	8	22y	82	61y

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

Incorporated1987-04-21

Jurisdictionscotland

Primary SIC52103 — SIC 52103

Registered office

Pomillan

61 Stepends Road

Kilmacolm

Renfrewshire

PA13 4TD

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-12-20

Last: 2025-12-06

Officers (2 active · 4 resigned)

PEACOCK, Brian Graham→

secretary · appointed 2015-12-19

View their other companies + combined net worth →

Active

PEACOCK, Brian Graham→

director · ~63y

View their other companies + combined net worth →

Active

PEACOCK, Ann Helen→

secretary · appointed 1989-03-14 · resigned 1999-07-31

Resigned

PEACOCK, William Graham→

secretary · resigned 2015-12-18

Resigned

STODDART, Gillian Janet→

secretary · appointed 1999-08-01 · resigned 2001-01-30

Resigned

PEACOCK, William Graham→

director · ~94y · resigned 2015-07-08

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:1 of 1 shown

			Type	Properties
	satisfied	Virgin Money Clydesdale Bank Public Limited Company	Floating charge	1 property	02/10/2002	30/06/2006