116 LOBSTERS LIMITED

🌳Matureactive

07333334 · ltd · incorporated 2010-08-03

Investment thesis

Well-run mature business — low negotiation leverage; premium likely.

Why interesting: Textbook target; clean filings, stable trading.

Why risky: No pressure on seller; any deal likely at full price.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 8.0y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Aug 2025

Net worth

£2

book net assets

Opportunity

77/100

Strong

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What this business does

Primary activity: Non-trading company

Sector: Professional, scientific & technical

Investor take

Pursue

Strong opportunity: dormant / non-trading with strong profile and bankable structure.

Opportunity 77/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

1 live charge · oldest 8.0y

85/100

ready

Refinance conversation should be productive — structure clean and timing right.

· Oldest live charge is 8.0 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 15/100 — clean.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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

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

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

1 connected companies via shared directors

Filing history

35 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

🔒Estimated company valuation

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 →

Opportunity Score

77/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)

Positive net assets

Net assets £2

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£2

~ YoY

Current Assets

£2

~ YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)

Metric	2025-08-31	2024-08-31
Total assets	£2	£2
Current assets	£2	£2
Net assets	£2	£2

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

Counts from Companies House filing history.

Corporate timeline (19 events)Click to expand

2025-09-26
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-14
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-12
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-05
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-13
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-04-23
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-03-18
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-05-22
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-05-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-04-12
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2018-04-06
🔒
Charge registered #1
Lender: The Royal Bank of Scotland PLC
2017-08-31
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2017-08-31
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2017-05-22
📄
accounts-with-accounts-type-dormant
accounts · AA
2016-05-20
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-09-30
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-08-03
🏢
Company incorporated
As 116 LOBSTERS LIMITED
2010-08-03
➕
GRAY, Iain Cameron appointed
director
2010-08-03
➕
GRAY, Louise Clare appointed
director

Owner dependency

81/100

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

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
+Long-tenure founder: Senior director has been in place 16 years — deep operational knowledge concentrated in one person.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
+No director turnover: Company is 16 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

59/100

Strong succession signal

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

SIGNALS

secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
secondary12+ year tenure: Director in role 16 years.
secondaryStable-but-static management: Company is 16 years old and no new directors in the last 3 years — succession not yet being planned internally.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

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

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mr Iain Cameron Gray Individual · British · DOB 02/1969 · age 57	25–50%	25–50%	25-50% shares · 25-50% voting	06/04/2016
Mrs Louise Clare Gray Individual · British · DOB 11/1969 · age 57	25–50%	25–50%	25-50% shares · 25-50% voting	06/04/2016

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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11 CROMWELL ROAD MANAGEMENT COMPANY LIMITED→ 09741763 · est 2015 · no financials extracted	—	—	—	—	10y	—	—
11 NORMANBY TERRACE MANAGEMENT COMPANY LIMITED→ 07681992 · est 2011 · no financials extracted	—	—	—	—	14y	—	—
11 ROYAL CRESCENT WHITBY MANAGEMENT LIMITED→ 03857502 · est 1999 · no financials extracted	—	—	—	—	26y	—	—
11 THE ESPLANADE (WHITBY) LIMITED→ 06691354 · est 2008 · no financials extracted	—	—	—	—	17y	—	—
112 EAST PARADE LIMITED→ 06514653 · est 2008 · no financials extracted	—	—	—	—	18y	—	—
117 NORTH MARINE ROAD MANAGEMENT COMPANY LIMITED→ 12916734 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
12 BAGDALE MANAGEMENT COMPANY LIMITED→ 08711447 · est 2013 · no financials extracted	—	—	—	—	12y	—	—
12 ESPLANADE WHITBY MANAGEMENT COMPANY LIMITED→ 06948846 · est 2009 · no financials extracted	—	—	—	—	16y	—	—

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

6 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

Incorporated2010-08-03

Jurisdictionengland-wales

Primary SIC74990 — Non-trading company

Registered office

15 Prospect Street

Bridlington

East Yorkshire

YO15 2AE

Filing status

Accounts

Next due: 2027-05-31

Last made up to: 2025-08-31

Confirmation statement

Next due: 2026-08-17

Last: 2025-08-03

Officers (2 active · 0 resigned)

GRAY, Iain Cameron→

director · ~57y · appointed 2010-08-03

View their other companies + combined net worth →

Active

GRAY, Louise Clare→

director · ~57y · appointed 2010-08-03

View their other companies + combined net worth →

Active

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
	outstanding	Lloyds Banking Group The Royal Bank of Scotland PLC	A registered charge	—	06/04/2018	—

Click column headers to sort. Use filters above to narrow by status and lender.