HOWBURN LETS LIMITED
Opportunity 71/100 (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: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey 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 | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £14.1k | £9.2k |
| Current assets | £22.4k | £17.8k |
| Cash | £182 | £82 |
| Debtors | £22.2k | £17.8k |
| Net assets | £6.8k | £502 |
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 accounts
Corporate timeline (17 events)Click to expand
- 2025-12-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-09-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-12-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-12-11📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-12-11📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-02-05📄gazette-filings-brought-up-to-dategazette · DISS40
- 2020-02-04📄gazette-notice-compulsorygazette · GAZ1
- 2020-02-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-03-11📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2019-02-01📄capital-allotment-sharescapital · SH01
- 2018-05-16📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2018-03-06🏢Company incorporatedAs HOWBURN LETS LIMITED
- 2018-03-06➕LAKIN, David Ian Christopher appointeddirector
- 2018-03-06📄incorporation-companyincorporation · NEWINC
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +No director turnover: Company is 8 years old with no director changes — suggests a very tight-knit founder team never broadened.
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
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Iona Mouat Lakin Individual · British · DOB 11/1989 · age 37 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 01/03/2019 |
Mr David Ian Christopher Lakin Individual · British · DOB 03/1987 · age 39 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 06/03/2018 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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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 · 0 resigned)
Click a director name to see their full track record across all companies.