20 LES ARGONAUTES LIMITED

🌳Matureactive
05254025 · ltd · incorporated 2004-10-08
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
Upgrade to see
Turnover
year to Oct 2024
Net worth
book net assets
Opportunity
80/100
Exceptional
🔔
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What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pursue
Active trading company with a 77-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 77). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (76/100)

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
6 officers (3 active, 6 linked, 3 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
52 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£0Oct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-10-312023-10-31

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
0
filings
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2025-08-21
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-07-22
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2023-07-06
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2022-07-22
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2021-06-17
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2020-06-26
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2019-06-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2018-06-19
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2017-07-11
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2016-06-16
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2015-10-13
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  12. 2015-06-15
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2014-11-03
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2014-06-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2013-10-13
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2006-07-07
    LANGMEAD, Angela Gabrielle appointed
    director
  17. 2006-07-07
    JENKINS, Edward Russell resigned
    director
  18. 2004-11-08
    7SIDE NOMINEES LIMITED resigned
    corporate-director
  19. 2004-10-08
    🏢
    Company incorporated
    As 20 LES ARGONAUTES LIMITED
  20. 2004-10-08
    LANGMEAD, John Edward appointed
    secretary
  21. 2004-10-08
    LANGMEAD, John Edward appointed
    director
  22. 2004-10-08
    7SIDE SECRETARIAL LIMITED appointed
    corporate-secretary
  23. 2004-10-08
    7SIDE SECRETARIAL LIMITED resigned
    corporate-secretary
  24. 2004-10-08
    JENKINS, Edward Russell appointed
    director
  25. 2004-10-08
    7SIDE NOMINEES LIMITED appointed
    corporate-director

Owner dependency

91/100
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 22 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 77 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

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 77 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 22 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 22 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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr John Edward Langmead
Individual · British · DOB 08/1949 · age 77
75100%
75-100% shares08/10/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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 →
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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.

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Company details

Statusactive
Typeltd
Incorporated2004-10-08
Jurisdictionengland-wales
Primary SIC99999 — SIC 99999

Registered office

19 Wingfield Road
Whitchurch
Cardiff
South Glamorgan
CF14 1NJ

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-10-17
Last: 2025-10-03

Officers (3 active · 3 resigned)

LANGMEAD, John Edward
secretary · appointed 2004-10-08
View their other companies + combined net worth →
Active
LANGMEAD, Angela Gabrielle
director · ~72y · appointed 2006-07-07
View their other companies + combined net worth →
Active
LANGMEAD, John Edward
director · ~77y · appointed 2004-10-08
View their other companies + combined net worth →
Active
7SIDE SECRETARIAL LIMITED
corporate-secretary · appointed 2004-10-08 · resigned 2004-10-08
Resigned
JENKINS, Edward Russell
director · ~90y · appointed 2004-10-08 · resigned 2006-07-07
Resigned
7SIDE NOMINEES LIMITED
corporate-director · appointed 2004-10-08 · resigned 2004-11-08
Resigned

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

Recent filings (52 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-04
accounts-with-accounts-type-dormant
accounts · AA
2025-08-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-10
accounts-with-accounts-type-dormant
accounts · AA
2024-07-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-14
accounts-with-accounts-type-dormant
accounts · AA
2023-07-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-03
accounts-with-accounts-type-dormant
accounts · AA
2022-07-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-17
accounts-with-accounts-type-dormant
accounts · AA
2021-06-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-13
accounts-with-accounts-type-dormant
accounts · AA
2020-06-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-10-08
accounts-with-accounts-type-dormant
accounts · AA
2019-06-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-10-11