10 STRATTON TERRACE LIMITED

💤Zombieactive
05734478 · private-limited-guarant-nsc · incorporated 2006-03-08
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2026
Net worth
book net assets
Opportunity
80/100
Exceptional
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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 68-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 68). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

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
2 officers (2 active, 2 linked, 1 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
50 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 2025Mar 2026

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2026-03-312025-03-31

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
2
filings
  • 1 accounts
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
  1. 2026-04-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2025-04-01
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2024-11-24
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2023-03-31
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2022-05-20
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2021-09-30
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2021-04-06
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2020-08-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2019-12-10
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2018-12-01
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2018-08-26
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2017-10-28
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2016-04-24
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2016-03-28
    📄
    annual-return-company-with-made-up-date-no-member-list
    annual-return · AR01
  15. 2006-03-08
    🏢
    Company incorporated
    As 10 STRATTON TERRACE LIMITED
  16. 2006-03-08
    SPRIGGS, Julie appointed
    secretary
  17. 2006-03-08
    SPRIGGS, David Raymond appointed
    director

Owner dependency

100/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 68 — succession pressure is live.
  • +No director turnover: Company is 20 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

95/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 20 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 20 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
NameSharesVoting rightsNature of controlNotified
Mr David Raymond Spriggs
Individual · British · DOB 09/1958 · age 68
sig. influencesignificant influence01/03/2017

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

8 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.

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Company details

Statusactive
Typeprivate-limited-guarant-nsc
Incorporated2006-03-08
Jurisdictionengland-wales
Primary SIC68320 — Management of real estate on a fee or contract basis

Registered office

Woodland View Tresamble Hill
Pulla Cross
Truro
Cornwall
TR4 8RZ
England

Filing status

Accounts
Next due: 2027-12-31
Last made up to: 2026-03-31
Confirmation statement
Next due: 2027-03-28
Last: 2026-03-14

Officers (2 active · 0 resigned)

SPRIGGS, Julie
secretary · appointed 2006-03-08
View their other companies + combined net worth →
Active
SPRIGGS, David Raymond
director · ~68y · appointed 2006-03-08
View their other companies + combined net worth →
Active

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

Recent filings (50 total)

accounts-with-accounts-type-dormant
accounts · AA
2026-04-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-25
accounts-with-accounts-type-dormant
accounts · AA
2025-04-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-21
accounts-with-accounts-type-dormant
accounts · AA
2024-11-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-14
accounts-with-accounts-type-dormant
accounts · AA
2023-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-23
accounts-with-accounts-type-dormant
accounts · AA
2022-05-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-09-30
accounts-with-accounts-type-dormant
accounts · AA
2021-04-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-26
accounts-with-accounts-type-dormant
accounts · AA
2020-08-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-19