17 AND 18 RICHMOND ROAD EXETER MANAGEMENT COMPANY LIMITED

🌳Matureactive
03109420 · ltd · incorporated 1995-10-03
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 Mar 2025
Net worth
—
book net assets
Opportunity
80/100
Exceptional
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒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
Active trading company with a 87-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 87). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (78/100)

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
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
8 officers (2 active, 8 linked, 5 with DOB)
83
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
76 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31

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

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
  • • 2 officers
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
  1. 2026-01-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2026-01-17
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2025-11-11
    ➖
    GORFIN, David John resigned
    director
  4. 2025-10-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2024-10-05
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2023-10-04
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  7. 2023-10-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2022-12-20
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2022-12-20
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  10. 2022-12-17
    ➖
    DESMOND, Brenda Margaret resigned
    secretary
  11. 2022-12-17
    ➖
    DESMOND, Brenda Margaret resigned
    director
  12. 2022-10-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2021-10-17
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2020-10-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2019-10-05
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  16. 2018-10-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  17. 2017-10-05
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  18. 2016-10-10
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  19. 1998-02-05
    ➕
    DESMOND, William Clinton appointed
    director
  20. 1998-02-05
    ➕
    DESMOND, Brenda Margaret appointed
    secretary
  21. 1998-02-05
    ➖
    GORFIN, David John resigned
    secretary
  22. 1998-02-05
    ➕
    DESMOND, Brenda Margaret appointed
    director
  23. 1996-12-16
    ➖
    DYER, Michael Kenneth resigned
    director
  24. 1995-10-09
    ➖
    EARP, Peter resigned
    secretary
  25. 1995-10-09
    ➕
    GORFIN, David John appointed
    secretary
  26. 1995-10-03
    🏢
    Company incorporated
    As 17 AND 18 RICHMOND ROAD EXETER MANAGEMENT COMPANY LIMITED
  27. 1995-10-03
    ➕
    TREE, Terence John appointed
    director
  28. 1995-10-03
    ➕
    EARP, Peter appointed
    secretary
  29. 1995-10-03
    ➕
    DYER, Michael Kenneth appointed
    director
  30. 1995-10-03
    ➕
    GORFIN, David John appointed
    director

Owner dependency

83/100
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 31 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 87 — succession pressure is live.

Succession & seller-readiness

96/100
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 87 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 31 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 31 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
NameSharesVoting rightsNature of controlNotified
Mr Terence John Tree
Individual · British · DOB 10/1957 · age 69
—25–50%25-50% voting06/04/2016
Mr William Clinton Desmond
Individual · British · DOB 02/1939 · age 87
25–50%
—25-50% shares06/04/2016
1 historic (ceased) PSC
  • Mrs Brenda Margaret Desmondceased 17/12/2022· 25-50% shares

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 · EX postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
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——
24 RICHMOND ROAD, EXETER, LIMITED→
02295308 · est 1988 · no financials extracted
————37y——
247 LAND & PLANNING LTD→
12453655 · est 2020 · no financials extracted
————6y——
247 PROPERTY AUCTIONS LTD→
12187303 · est 2019 · no financials extracted
————6y——
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
Incorporated1995-10-03
Jurisdictionengland-wales
Primary SIC68320 — Management of real estate on a fee or contract basis

Registered office

23 Allington Mead
Exeter
Devon
EX4 5AP

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-10-17
Last: 2025-10-03

Officers (2 active · 6 resigned)

DESMOND, William Clinton→
director · ~87y · appointed 1998-02-05
View their other companies + combined net worth →
Active
TREE, Terence John→
director · ~69y · appointed 1995-10-03
View their other companies + combined net worth →
Active
DESMOND, Brenda Margaret→
secretary · appointed 1998-02-05 · resigned 2022-12-17
Resigned
EARP, Peter→
secretary · appointed 1995-10-03 · resigned 1995-10-09
Resigned
GORFIN, David John→
secretary · appointed 1995-10-09 · resigned 1998-02-05
Resigned
DESMOND, Brenda Margaret→
director · ~84y · appointed 1998-02-05 · resigned 2022-12-17
Resigned
DYER, Michael Kenneth→
director · ~86y · appointed 1995-10-03 · resigned 1996-12-16
Resigned
GORFIN, David John→
director · ~87y · appointed 1995-10-03 · resigned 2025-11-11
Resigned

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

Recent filings (76 total)

change-person-director-company-with-change-date
officers · CH01
2026-01-17
termination-director-company-with-name-termination-date
officers · TM01
2026-01-17
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-04
accounts-with-accounts-type-dormant
accounts · AA
2025-10-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-05
accounts-with-accounts-type-dormant
accounts · AA
2024-10-05
confirmation-statement-with-updates
confirmation-statement · CS01
2023-10-04
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-10-04
accounts-with-accounts-type-dormant
accounts · AA
2023-10-04
termination-director-company-with-name-termination-date
officers · TM01
2022-12-20
termination-secretary-company-with-name-termination-date
officers · TM02
2022-12-20
accounts-with-accounts-type-dormant
accounts · AA
2022-10-04
confirmation-statement-with-updates
confirmation-statement · CS01
2022-10-04
accounts-with-accounts-type-dormant
accounts · AA
2021-10-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-07