ROYAL EXCHANGE THEATRE TRADING LIMITED

🌳Matureactive
01265513 · ltd · incorporated 1976-06-25
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
76/100
Strong
🔔
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What this business does
Primary activity: Licenced restaurants
Sector: Accommodation & food service
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 76/100 (strong), bankability 75/100. 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 (73/100).

Data confidence

Overall: medium (58/100)

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
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
61 officers (2 active, 61 linked, 55 with DOB)
88
Ownership & PSC
0 active PSC(s) of 5 total, 5 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
216 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
90
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
  • 1 accounts
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (118 events)Click to expand
  1. 2026-01-05
    📄
    accounts-with-accounts-type-small
    accounts · AA
  2. 2025-12-22
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2025-12-10
    SQUIRES, Charles Ian resigned
    director
  4. 2025-11-21
    JOHNSON, Simon Martin appointed
    director
  5. 2025-11-21
    KIRKPATRICK, Victoria resigned
    secretary
  6. 2025-11-21
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2025-11-21
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  8. 2025-08-22
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2025-07-24
    SQUIRES, Charles Ian appointed
    director
  10. 2025-07-24
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2025-07-24
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2025-07-24
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2025-06-30
    LOVEDAY, Alison Marie appointed
    director
  14. 2025-06-30
    TAYLOR, Joanne Elizabeth resigned
    director
  15. 2025-06-30
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2025-06-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2025-06-29
    ARMSTRONG, Rachel Elizabeth resigned
    director
  18. 2025-06-15
    ARMSTRONG, Rachel Elizabeth appointed
    director
  19. 2025-06-15
    HANLON, Ellen Mary resigned
    director
  20. 2025-04-08
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  21. 2025-04-08
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  22. 2025-03-28
    FREEMAN, Stephen Christopher resigned
    secretary
  23. 2025-03-28
    KIRKPATRICK, Victoria appointed
    secretary
  24. 2025-01-04
    📄
    accounts-with-accounts-type-small
    accounts · AA
  25. 2024-01-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  26. 2023-12-29
    VOKES, Katharine Jane resigned
    director
  27. 2023-12-14
    📄
    accounts-with-accounts-type-small
    accounts · AA
  28. 2023-06-28
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  29. 2023-06-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  30. 2023-06-27
    VOKES, Katharine Jane appointed
    director
  31. 2023-06-15
    CALDWELL, James Benedict resigned
    director
  32. 2023-02-09
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  33. 2023-02-09
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  34. 2023-02-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  35. 2023-01-31
    HANLON, Ellen Mary appointed
    director
  36. 2023-01-31
    RAFFLE, Jennifer Maria resigned
    director
  37. 2023-01-31
    TAYLOR, Joanne Elizabeth appointed
    director
  38. 2022-12-16
    📄
    accounts-with-accounts-type-small
    accounts · AA
  39. 2022-06-23
    TOREVELL, Martyn Philip resigned
    director
  40. 2020-11-04
    FREEMAN, Stephen Christopher appointed
    secretary
  41. 2020-11-04
    JAMES, Barry Christopher resigned
    secretary
  42. 2019-01-14
    RAFFLE, Jennifer Maria appointed
    director
  43. 2018-04-20
    GORDON, Anthony Noel resigned
    director
  44. 2016-08-07
    GASPER, Fiona Sally Garfield resigned
    secretary
  45. 2016-08-07
    JAMES, Barry Christopher appointed
    secretary
  46. 2016-06-27
    FOLKMAN, Peter John resigned
    director
  47. 2016-06-27
    KING, James resigned
    director
  48. 2016-06-27
    WHITMORE, Keith Arthur resigned
    director
  49. 2015-12-31
    HUTCHINS, Michael John Patrick resigned
    director
  50. 2015-06-25
    LEE, Paul Anthony resigned
    director
Showing most recent 50 of 118 events

Owner dependency

66/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.

Succession & seller-readiness

46/100
Moderate signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 med ·
5 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: KIRKPATRICK, Victoria resigned 2025-11-21; ARMSTRONG, Rachel Elizabeth resigned 2025-06-29; HANLON, Ellen Mary resigned 2025-06-15

🔒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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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
Incorporated1976-06-25
Jurisdictionengland-wales
Primary SIC56101 — Licenced restaurants

Registered office

Royal Exchange Theatre
St. Anns Square
Manchester
M2 7DH

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-11-12
Last: 2025-10-29

Officers (2 active · 59 resigned)

JOHNSON, Simon Martin
director · ~51y · appointed 2025-11-21
View their other companies + combined net worth →
Active
LOVEDAY, Alison Marie
director · ~61y · appointed 2025-06-30
View their other companies + combined net worth →
Active
CLAY, Andrew Paul
secretary · appointed 2007-07-27 · resigned 2010-06-28
Resigned
FREEMAN, Stephen Christopher
secretary · appointed 2020-11-04 · resigned 2025-03-28
Resigned
GASPER, Fiona Sally Garfield
secretary · appointed 2010-07-19 · resigned 2016-08-07
Resigned
JAMES, Barry Christopher
secretary · appointed 2016-08-07 · resigned 2020-11-04
Resigned
KIRKPATRICK, Victoria
secretary · appointed 2025-03-28 · resigned 2025-11-21
Resigned
WELLER, Patricia Ann
secretary · resigned 2007-07-27
Resigned
ARDITTI, Carol Ann
director · ~84y · appointed 1998-10-16 · resigned 2010-07-25
Resigned
ARMSTRONG, Rachel Elizabeth
director · ~50y · appointed 2025-06-15 · resigned 2025-06-29
Resigned
BERNSTEIN, Alexander
director · ~90y · resigned 1994-06-07
Resigned
BRAY, Warren
director · ~76y · appointed 1994-09-28 · resigned 1995-05-31
Resigned
BROGAN, Wilfred
director · ~99y · resigned 2006-07-19
Resigned
BURNS, Julian Delisle
director · ~77y · appointed 1995-05-31 · resigned 2004-05-17
Resigned
BUTTERY, John
director · ~74y · resigned 1992-09-23
Resigned
CALDWELL, James Benedict
director · ~62y · appointed 2015-03-27 · resigned 2023-06-15
Resigned
DEAN, Rayna
director · ~74y · resigned 1994-09-28
Resigned
DWEK, Joseph Claude
director · ~86y · appointed 1992-12-09 · resigned 1994-09-28
Resigned
ELLIOTT, Marianne
director · ~60y · appointed 2001-06-25 · resigned 2002-11-30
Resigned
FOLKMAN, Peter John
director · ~81y · resigned 2016-06-27
Resigned

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

Recent filings (216 total)

accounts-with-accounts-type-small
accounts · AA
2026-01-05
termination-director-company-with-name-termination-date
officers · TM01
2025-12-22
appoint-person-director-company-with-name-date
officers · AP01
2025-11-21
termination-secretary-company-with-name-termination-date
officers · TM02
2025-11-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-29
appoint-person-director-company-with-name-date
officers · AP01
2025-08-22
termination-director-company-with-name-termination-date
officers · TM01
2025-07-24
termination-director-company-with-name-termination-date
officers · TM01
2025-07-24
appoint-person-director-company-with-name-date
officers · AP01
2025-07-24
appoint-person-director-company-with-name-date
officers · AP01
2025-06-30
termination-director-company-with-name-termination-date
officers · TM01
2025-06-30
appoint-person-secretary-company-with-name-date
officers · AP03
2025-04-08
termination-secretary-company-with-name-termination-date
officers · TM02
2025-04-08
accounts-with-accounts-type-small
accounts · AA
2025-01-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-13