FEE SIMPLE INVESTMENTS LTD
🌳Matureactive
01289933 · ltd · incorporated 1976-12-09
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Sept 2024
Net worth
£46.2k
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueAsset-holding vehicle with a 73-year-old founder — textbook succession opportunity.
Opportunity 79/100 (strong), bankability 77/100. Strong seller-intent signal (73/100, director aged 73). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 7 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
9 live charges · 7 lenders · oldest 46.0y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 46.0 years old — likely at or near maturity.
- · 7 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (75/100)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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
9 charges (9/9 with lender, 9/9 with type)
90
Directors & officers
9 officers (4 active, 9 linked, 7 with DOB)
86
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
11 connected companies via shared directors
78
Filing history
136 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒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
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
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 £46,212
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
£46k
Current Assets
£211k
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2024-09-30 |
|---|---|
| Total assets | £57.1k |
| Current assets | £210.8k |
| Net assets | £46.2k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals 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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (47 events)Click to expand
- 2025-10-23📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-10-23📄change-person-director-company-with-change-dateofficers · CH01
- 2025-09-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-06-27📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2025-03-13📄change-person-director-company-with-change-dateofficers · CH01
- 2025-03-11📄change-person-director-company-with-change-dateofficers · CH01
- 2024-11-04📄change-person-director-company-with-change-dateofficers · CH01
- 2024-06-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-03-14📄change-person-director-company-with-change-dateofficers · CH01
- 2023-09-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-11-02📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-11-01📄change-person-director-company-with-change-dateofficers · CH01
- 2022-11-01📄change-person-director-company-with-change-dateofficers · CH01
- 2022-11-01📄change-person-director-company-with-change-dateofficers · CH01
- 2022-11-01📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-10-31📄change-person-director-company-with-change-dateofficers · CH01
- 2022-04-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-03-14📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-11-02📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2021-05-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-10-12🔓Charge satisfied #9
- 2020-10-12🔓Charge satisfied #7
- 2020-10-12🔓Charge satisfied #5
- 2018-11-16🔓Charge satisfied #8
- 2013-01-23➖ADCOCK, Ann Elizabeth resigneddirector
- 2011-01-05➕DI PIERRI, Frances Mary Ann appointedsecretary
- 2011-01-05➖ADCOCK, Mark Hedley resignedsecretary
- 2008-10-01➕ADCOCK, Hedley John appointeddirector
- 2008-10-01➕DI PIERRI, Frances Mary Ann appointeddirector
- 2008-03-19🔒Charge registered #9Lender: Royal Bank of Scotland PLC
- 2005-01-17🔒Charge registered #8Lender: The Royal Bank of Scotland PLC
- 2004-10-12➖ADCOCK, Hedley John resigneddirector
- 2003-02-13🔓Charge satisfied #6
- 2002-08-09🔒Charge registered #7Lender: The Royal Bank of Scotland PLC
- 2002-03-20➖ADCOCK, Mary Doreen resigneddirector
- 2000-08-24🔒Charge registered #6Lender: The Co-Operative Bank PLC
- 1993-11-17➖BEBINGTON, Bruce Thackershaw resigneddirector
- 1992-04-30🔒Charge registered #5Lender: Mark Hedley Adcock and Ann Elizabeth Adcock
- 1991-01-03🔓Charge satisfied #4
- 1991-01-03🔓Charge satisfied #3
- 1991-01-03🔓Charge satisfied #2
- 1991-01-03🔓Charge satisfied #1
- 1982-04-05🔒Charge registered #4Lender: National Westminster Bank PLC
- 1982-03-02🔒Charge registered #3Lender: National Westminster Bank PLC
- 1980-06-11🔒Charge registered #2Lender: H J Adcock
- 1980-06-10🔒Charge registered #1Lender: Anglia Hastings and Thanet Building Scty.
- 1976-12-09🏢Company incorporatedAs FEE SIMPLE INVESTMENTS LTD
Owner dependency
83/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 73 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
83/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 73 years old. Natural succession window is now.
- secondary12+ year tenure: Director in role 18 years.
- secondaryStable-but-static management: Company is 49 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
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Mark Hedley Adcock Individual · British · DOB 07/1953 · age 73 | — | — | sig. influencesignificant influence | 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 →Similar companies
Active · Property · WS postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 01 STORAGE LIMITED→ 09823231 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| 13TERA PROPERTY MANAGEMENT LTD→ 15092105 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 23RS LIMITED→ 10962261 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| 24 HR PROPERTY LTD→ 15872613 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 29 MAIN STREET LTD→ 16473842 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 3 BY THE SEA LTD→ 15935550 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 30 CHIPPING NORTON MANAGEMENT LTD→ 14234699 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 33 CROYDON ROAD FREEHOLD LIMITED→ 14941342 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 33 CROYDON ROAD RTM COMPANY LIMITED→ 12701639 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 360 BRICKS LTD→ 12560789 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| 38 MARKET PLACE LIMITED→ 15806370 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 3K PROPERTY LIMITED→ 13028409 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
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 →🔒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
Incorporated1976-12-09
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
27 Chancery House
Lombard Street
Lichfield
Staffordshire
WS13 6DP
England
Filing status
Accounts
Next due: 2026-06-29
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-11-05
Last: 2025-10-22
Officers (4 active · 5 resigned)
DI PIERRI, Frances Mary Ann→
Activesecretary · appointed 2011-01-05
View their other companies + combined net worth →
ADCOCK, Hedley John→
Activedirector · ~45y · appointed 2008-10-01
View their other companies + combined net worth →
Active
DI PIERRI, Frances Mary Ann→
Activedirector · ~42y · appointed 2008-10-01
View their other companies + combined net worth →
ADCOCK, Mark Hedley→
Resignedsecretary · resigned 2011-01-05
ADCOCK, Ann Elizabeth→
Resigneddirector · ~73y · resigned 2013-01-23
ADCOCK, Hedley John→
Resigneddirector · ~105y · resigned 2004-10-12
ADCOCK, Mary Doreen→
Resigneddirector · ~103y · resigned 2002-03-20
BEBINGTON, Bruce Thackershaw→
Resigneddirector · ~80y · resigned 1993-11-17
Click a director name to see their full track record across all companies.
Mortgages & charges
9
Total charges
0
Outstanding
0
Active lenders
Status:Lender:9 of 9 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group Royal Bank of Scotland PLC | Legal charge | 1 property | 19/03/2008 | 12/10/2020 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Legal charge | 1 property | 17/01/2005 | 16/11/2018 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Debenture | 1 property | 09/08/2002 | 12/10/2020 | |
| satisfied | Co-operative Bank The Co-Operative Bank PLC | Debenture | 1 property | 24/08/2000 | 13/02/2003 | |
| satisfied | Mark Hedley Adcock and Ann Elizabeth Adcock | Debenture | 1 property | 30/04/1992 | 12/10/2020 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 1 property | 05/04/1982 | 03/01/1991 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 1 property | 02/03/1982 | 03/01/1991 | |
| satisfied | H J Adcock | Legal charge | 1 property | 11/06/1980 | 03/01/1991 | |
| satisfied | Anglia Hastings and Thanet Building Scty. | Mortgage | 1 property | 10/06/1980 | 03/01/1991 |
Recent filings (136 total)
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-10-23
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-23
change-person-director-company-with-change-date
officers · CH01
2025-10-23
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-26
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-06-27
change-person-director-company-with-change-date
officers · CH01
2025-03-13
change-person-director-company-with-change-date
officers · CH01
2025-03-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-04
change-person-director-company-with-change-date
officers · CH01
2024-11-04
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-28
change-person-director-company-with-change-date
officers · CH01
2024-03-14
confirmation-statement-with-updates
confirmation-statement · CS01
2023-10-31
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-30
confirmation-statement-with-updates
confirmation-statement · CS01
2022-11-03
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-11-02