L&M RECOVERY LIMITED
Opportunity 72/100 (strong), bankability 75/100. 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 (58/100).
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.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-10-31 | 2023-10-31 |
|---|---|---|
| Total assets | — | £84.1k |
| Current assets | — | £159.4k |
| Net assets | — | £44.8k |
| Average employees | 600 | — |
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
Corporate timeline (27 events)Click to expand
- 2025-10-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-10-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-04-29📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-04-12📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-11-08📄change-person-director-company-with-change-dateofficers · CH01
- 2023-05-26📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-04-13📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-03-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-03-01➖CROSS, Lloyd Thomas resigneddirector
- 2023-01-19📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-06-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-11-08📄capital-allotment-sharescapital · SH01
- 2021-10-12📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-10-12📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-10-11➕CROSS, Lloyd Thomas appointeddirector
- 2021-10-11📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-10-11📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-05-21📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-05-21📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-05-21📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-05-20➖CROSS, Lloyd Thomas resigneddirector
- 2021-03-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-11-01➕ANTHONY, Scott appointeddirector
- 2018-10-01➖MCGILL, John resignedsecretary
- 2016-10-28🏢Company incorporatedAs L&M RECOVERY LIMITED
- 2016-10-28➕MCGILL, John appointedsecretary
- 2016-10-28➕CROSS, Lloyd Thomas appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Scott Anthony Individual · British · DOB 11/1987 · age 39 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 20/05/2021 |
2 historic (ceased) PSCs
- Mr Lloyd Crossceased 01/03/2023· 25-50% shares · 25-50% voting
- Mr Lloyd Thomas Crossceased 20/05/2021· 75-100% shares · 75-100% voting · board control
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 (1 active · 3 resigned)
Click a director name to see their full track record across all companies.