LOCKOUT RECOVERY LIMITED

🌿Early-stageactive
SC770620 · ltd · incorporated 2023-05-25
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
Upgrade to see
Turnover
year to May 2025
Net worth
£74
book net assets
Opportunity
69/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Other service activities n.e.c.
Sector: Other service activities
Investor take
Pursue
Asset-holding vehicle. Reasonable fundamentals — worth a memo before deciding.

Opportunity 69/100 (strong), bankability 70/100. 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 (78/100)

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
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
12 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
82
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £74

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£74
↑ 104% YoY
Current Assets
£969
↑ 26% YoY
Current Liabilities
-£2k-£1k-£714-£153£408£969May 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-05-312024-05-31
Total assets£74£-1.8k
Current assets£969£768
Net assets£74£-1.8k

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
0
filings
Last 90 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (11 events)Click to expand
  1. 2026-02-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-05-23
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2025-02-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-08-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2024-05-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2024-02-27
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2023-10-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2023-10-13
    📄
    elect-to-keep-the-directors-register-information-on-the-public-register
    officers · EH01
  9. 2023-05-25
    🏢
    Company incorporated
    As LOCKOUT RECOVERY LIMITED
  10. 2023-05-25
    ELAND, Richard Sidney John appointed
    director
  11. 2023-05-25
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

80/100
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.
  • +Young company: Only 2.9 years old — management layer unlikely to be developed.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 low
Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Richard Sidney John Eland
Individual · British · DOB 06/1989 · age 37
75100%
75–100%board control75-100% shares · 75-100% voting · board control25/05/2023

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

Similar companies

Active · Trade services · KY postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
KIRKGATE CATTERY LTD
SC610761 · est 2018 · no financials extracted
7y
KLKL LIMITED
SC759111 · est 2023 · no financials extracted
3y
LB PAYROLL LTD
SC775441 · est 2023 · no financials extracted
2y
LEKA DETAILING LTD
SC777713 · est 2023 · no financials extracted
2y
LEX PRODUCTS LIMITED
SC440744 · est 2013 · no financials extracted
13y
LIME LOUNGE LIMITED
SC571661 · est 2017 · no financials extracted
8y
LOCH LEVEN LODGES EAST LTD
SC545436 · est 2016 · no financials extracted
9y
LOCKTEK LTD
SC866460 · est 2025 · no financials extracted
LRS PHARMAESTHETICS LIMITED
SC880478 · est 2026 · no financials extracted
LT BROW STUDIO LIMITED
SC597978 · est 2018 · no financials extracted
7y
LUNDIN PHYSIO CLINIC LTD
SC595989 · est 2018 · no financials extracted
7y
LYNDA K. AESTHETICS LTD
SC694308 · est 2021 · no financials extracted
5y
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
Incorporated2023-05-25
Jurisdictionscotland
Primary SIC96090 — Other service activities n.e.c.

Registered office

10 Heriot Street
Inverkeithing
KY11 1ND
Scotland

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2027-04-14
Last: 2026-03-31

Officers (1 active · 0 resigned)

ELAND, Richard Sidney John
director · ~37y · appointed 2023-05-25
View their other companies + combined net worth →
Active

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

Recent filings (12 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-31
accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-23
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-05-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-31
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-13
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-08-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-24
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-05-02
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-02-27
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-10-13
elect-to-keep-the-directors-register-information-on-the-public-register
officers · EH01
2023-10-13
incorporation-company
incorporation · NEWINC
2023-05-25