SOUTHEND WOODS LIMITED

💤Zombieactive
SC184100 · ltd · incorporated 1998-03-23
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 Aug 2024
Net worth
£107.3k
book net assets
Opportunity
78/100
Strong
🔔
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What this business does
Primary activity: SIC 02100
Sector: Agriculture, forestry & fishing
ALSO REGISTERED FOR
  • 02200SIC 02200
Investor take
Pursue
Asset-holding vehicle with a 69-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 69). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -42% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (78/100)

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

Company profile
address, 2 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
7 officers (2 active, 7 linked, 4 with DOB)
81
Ownership & PSC
3 active PSC(s) of 4 total, 4 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
79 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £107,268
Net assets shrinking
Down £7,084 YoY
Cash draining
Cash down 42% YoY
Cash YoY
-42%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£3k
↓ 42% YoY
Net Worth
£107k
↓ 6.2% YoY
Current Assets
£4k
↓ 29% YoY
Current Liabilities
£0£23k£46k£69k£91k£114kAug 2023Aug 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-08-312023-08-31
Total assets£117.3k£114.4k
Current assets£4.3k£6.0k
Cash£2.8k£4.8k
Debtors£1.5k£1.2k
Net assets£107.3k£114.4k

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
2
filings
  • 2 officers
Last 90 days
3
filings
  • 2 officers
  • 1 confirmation-statement
Last 180 days
3
filings
  • 2 officers
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2026-04-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2026-04-03
    LETHAM, Robert resigned
    director
  3. 2026-04-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2026-03-24
    LETHAM, Elizabeth appointed
    director
  5. 2025-04-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2024-04-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-05-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-04-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2021-04-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2020-05-22
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  11. 2020-05-22
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  12. 2020-05-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2020-04-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2019-05-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2017-11-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2017-03-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2016-03-31
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2004-06-26
    LETHAM, John resigned
    director
  19. 2000-03-23
    GRAY, Gordon Jackson resigned
    secretary
  20. 1998-04-30
    LETHAM, Elizabeth appointed
    secretary
  21. 1998-03-31
    GRAY, Gordon Jackson appointed
    secretary
  22. 1998-03-31
    REID, Brian resigned
    nominee-secretary
  23. 1998-03-31
    LETHAM, John appointed
    director
  24. 1998-03-31
    LETHAM, Robert appointed
    director
  25. 1998-03-31
    MABBOTT, Stephen resigned
    nominee-director
  26. 1998-03-23
    🏢
    Company incorporated
    As SOUTHEND WOODS LIMITED
  27. 1998-03-23
    REID, Brian appointed
    nominee-secretary
  28. 1998-03-23
    MABBOTT, Stephen appointed
    nominee-director

Owner dependency

90/100
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.
  • +Founder age: Director aged approximately 69 — succession pressure is live.

Succession & seller-readiness

65/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

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

Group structure

Lindsays Trustees & Executors Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Lindsays Trustees & Executors Limited
Corporate parent
SOUTHEND WOODS LIMITED
This company · SC184100

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

3 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Lindsays Trustees & Executors Limited
Corporate entity
75–100%75-100% voting · trust interest04/12/2019
Mr Robert Letham
Individual · United Kingdom · DOB 02/1955 · age 71
75100%
75-100% shares · trust interest06/04/2016
Mrs Elizabeth Letham
Individual · British · DOB 09/1957 · age 69
75100%
75-100% shares · trust interest06/04/2016
1 historic (ceased) PSC
  • Mr Alan Hollowayceased 04/12/2019· 75-100% shares · trust interest

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
Incorporated1998-03-23
Jurisdictionscotland
Primary SIC02100 — SIC 02100

Registered office

C/O Lindsays, 100 Queen Street
Glasgow
G1 3DN
Scotland

Filing status

Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2027-04-06
Last: 2026-03-23

Officers (2 active · 5 resigned)

LETHAM, Elizabeth
secretary · appointed 1998-04-30
View their other companies + combined net worth →
Active
LETHAM, Elizabeth
director · ~69y · appointed 2026-03-24
View their other companies + combined net worth →
Active
GRAY, Gordon Jackson
secretary · appointed 1998-03-31 · resigned 2000-03-23
Resigned
REID, Brian
nominee-secretary · appointed 1998-03-23 · resigned 1998-03-31
Resigned
LETHAM, John
director · ~96y · appointed 1998-03-31 · resigned 2004-06-26
Resigned
LETHAM, Robert
director · ~71y · appointed 1998-03-31 · resigned 2026-04-03
Resigned
MABBOTT, Stephen
nominee-director · ~76y · appointed 1998-03-23 · resigned 1998-03-31
Resigned

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

Recent filings (79 total)

termination-director-company-with-name-termination-date
officers · TM01
2026-04-09
appoint-person-director-company-with-name-date
officers · AP01
2026-04-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-30
confirmation-statement-with-updates
confirmation-statement · CS01
2024-03-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-04-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-30
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2020-05-22
confirmation-statement-with-updates
confirmation-statement · CS01
2020-05-22