It did lead to the more well known Fairey Barracuda.
Just fit Merlin engine, fold the wing and sling torpedo underneath
Just about everybody's "observation" planes of the late 30s were operational failures. Actual combat had changed a lot faster than the requirements. And in many Air Forces one airplane (due to budgets?) was being asked to do too many different missions. And often without support (fighter escort).
Wither they were flight failures (didn't fly well) or had structural problems may be a different story.