24 RICHMOND ROAD, EXETER, LIMITED

🌳Matureactive

02295308 · ltd · incorporated 1988-09-13

Investment thesis

Unencumbered property vehicle — clean asset-backed target with refinance headroom.

Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.

Why risky: Values depend on title and valuation; property-specific market exposure.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Dec 2024

Net worth

£5.0k

book net assets

Opportunity

81/100

Exceptional

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Management of real estate on a fee or contract basis

Sector: Real estate

Investor take

Pursue

Asset-holding vehicle with a 81-year-old founder — textbook succession opportunity.

Opportunity 81/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 81). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (69/100)

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

Lenders & charges

Confirmed no charges registered

Directors & officers

22 officers (6 active, 22 linked, 19 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

Network not yet resolved

Filing history

130 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

81/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £4,965

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£5k

↑ 5.5% YoY

Current Assets

£7k

↑ 11% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2024-12-31	2023-12-31
Total assets	£5.0k	£4.7k
Current assets	£7.0k	£6.3k
Net assets	£5.0k	£4.7k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days

filings

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (50 events)Click to expand

2025-09-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-24
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-01
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-04-30
➕
RIDDLER, Oliver appointed
director
2024-03-10
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-03-06
➕
FRANKPITT, Georgina Alice appointed
director
2024-02-10
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-02-01
➖
MEDDLETON, Melissa resigned
director
2023-09-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-09-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-08-09
📄
change-person-secretary-company-with-change-date
officers · CH03
2021-08-09
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-04-03
📄
change-person-secretary-company-with-change-date
officers · CH03
2021-02-10
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-11-20
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-02-08
📄
appoint-person-director-company-with-name-date
officers · AP01
2019-07-18
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-07-10
➕
MOUDRY, Karel appointed
director
2018-08-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-07-15
➖
MACAULAY, Mary resigned
director
2017-07-03
➖
RIDDLER, Oliver resigned
director
2017-04-09
➕
MINGHAM, George appointed
director
2017-04-09
➕
MACAULAY, Mary appointed
director
2017-04-09
➕
MEDDLETON, Melissa appointed
director
2017-04-09
➕
RIDDLER, Oliver appointed
director
2014-07-01
➖
SAYERS, Anthony Paul resigned
director
2007-08-31
➖
WINSPER, Robert resigned
director
2004-06-30
➖
NEWMAN, Timothy John Coates resigned
director
2004-06-30
➖
SMITH, James Edward resigned
director
2003-01-07
➕
SMITH, James Edward appointed
director
2002-12-16
➖
WHEELER, Barry John resigned
director
2002-09-13
➕
NEWMAN, Timothy John Coates appointed
director
2002-09-01
➖
HILEY-PAYNE, Jennifer Mary resigned
director
2002-04-19
➕
WHEELER, Barry John appointed
director
2002-04-13
➕
WEBBER, Nicholas John appointed
director
2002-03-09
➕
HILEY-PAYNE, Jennifer Mary appointed
director
2000-10-21
➖
POOLEY, Alison Dawn resigned
director
1999-05-18
➕
SAYERS, Anthony Paul appointed
secretary
1999-05-13
➖
LOAKE, Wyatt James resigned
secretary
1999-05-13
➖
LOAKE, Wyatt James resigned
director
1998-12-10
➖
SAYERS, Sarah Alana resigned
director
1998-12-10
➕
WINSPER, Robert appointed
director
1998-03-30
➕
LOAKE, Wyatt James appointed
secretary
1998-03-30
➖
WINSPER, Robert Henry James resigned
secretary
1997-05-19
➕
SAYERS, Sarah Alana appointed
director
1997-05-19
➖
SNELL, Alison Jane resigned
director
1996-06-01
➖
CUNNINGHAM, Nicholas resigned
director
1996-06-01
➕
SAYERS, Anthony Paul appointed
director
1988-09-13
🏢
Company incorporated
As 24 RICHMOND ROAD, EXETER, LIMITED

Owner dependency

65/100

High — earn-out structure required

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

FACTORS

-5 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 81 — succession pressure is live.

Succession & seller-readiness

80/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

primaryFounder aged 70+: Senior director is approximately 81 years old. Natural succession window is now.
primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
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.)

Similar companies

Active · Property · EX postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
1 & 2 VICTORIA STREET AMENITY LIMITED→ 04920334 · est 2003 · no financials extracted	—	—	—	—	22y	—	—
1008 PROPERTY LTD→ 10869542 · est 2017 · no financials extracted	—	—	—	—	8y	—	—
125 PROPERTIES LTD→ 12566762 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
130 TAUNTON ROAD LIMITED→ 12716244 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
1633 ENTERPRISES LIMITED→ 14094848 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
19 VPR LIMITED→ 08575331 · est 2013 · no financials extracted	—	—	—	—	12y	—	—
2 BRYANTWOOD ROAD RTM COMPANY LIMITED→ 07313242 · est 2010 · no financials extracted	—	—	—	—	15y	—	—
2 QUEEN ANNES HIGH STREET (BIDEFORD) MANAGEMENT COMPANY LIMITED→ 05962980 · est 2006 · no financials extracted	—	—	—	—	19y	—	—
21 LUSHINGTON ROAD LIMITED→ 11104556 · est 2017 · no financials extracted	—	—	—	—	8y	—	—
247 LAND & PLANNING LTD→ 12453655 · est 2020 · no financials extracted	—	—	—	—	6y	—	—
247 PROPERTY AUCTIONS LTD→ 12187303 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
251111 LIMITED→ 07993152 · est 2012 · no financials extracted	—	—	—	—	14y	—	—

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

Incorporated1988-09-13

Jurisdictionengland-wales

Primary SIC68320 — Management of real estate on a fee or contract basis

Registered office

Uplands

Upper West Terrace

Budleigh Salterton

EX9 6NZ

England

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2027-01-22

Last: 2026-01-08