124 WESTEXE SOUTH MANAGEMENT COMPANY LIMITED

🌳Matureactive

07130474 · private-limited-guarant-nsc · incorporated 2010-01-20

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 Oct 2025

Net worth

—

book net assets

Opportunity

78/100

Strong

🔒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 69-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 69). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (77/100)

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

6 officers (2 active, 6 linked, 5 with DOB)

Ownership & PSC

2 active PSC(s) of 3 total, 3 with control declared

Director network

Network not yet resolved

Filing history

50 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

78/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

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.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-10-31	2024-10-31
Average employees	200	200

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

🔒Filing-note intelligence

1 signal 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

filing

• 1 accounts

Last 90 days

filings

• 1 accounts
• 1 confirmation-statement

Last 180 days

filings

• 1 accounts
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (27 events)Click to expand

2026-04-17
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-01
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-02
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-19
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-11
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-16
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-04-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-05-01
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-07-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-04-19
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2018-04-19
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2018-04-19
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2018-04-19
📄
termination-director-company-with-name-termination-date
officers · TM01
2018-04-19
📄
appoint-person-director-company-with-name-date
officers · AP01
2018-04-19
📄
appoint-person-director-company-with-name-date
officers · AP01
2018-04-19
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2018-02-24
➕
SPEDDING, Aileen Margaret appointed
director
2018-02-24
➕
SPEDDING, Andrew James appointed
director
2018-02-24
➖
WRIGHT, Jamie Oliver resigned
director
2012-10-24
➖
GRIFFITHS, David John resigned
director
2011-02-08
➕
WRIGHT, Jamie Oliver appointed
director
2011-01-30
➖
J MURRAY HOMES LIMITED resigned
corporate-director
2010-07-01
➕
GRIFFITHS, David John appointed
director
2010-01-20
🏢
Company incorporated
As 124 WESTEXE SOUTH MANAGEMENT COMPANY LIMITED
2010-01-20
➕
STEPHENS, Graham Robertson appointed
director
2010-01-20
➖
STEPHENS, Graham Robertson resigned
director
2010-01-20
➕
J MURRAY HOMES LIMITED appointed
corporate-director

Owner dependency

81/100

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.
+Founder age: Director aged approximately 69 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

66/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
secondaryStable-but-static management: Company is 16 years old and no new directors in the last 3 years — succession not yet being planned internally.

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

Name	Shares	Voting rights	Nature of control	Notified
Mrs Aileen Margaret Spedding Individual · British · DOB 04/1958 · age 68	—	—	sig. influencesignificant influence	24/02/2018
Mr Andrew James Spedding Individual · British · DOB 10/1957 · age 69	—	—	sig. influencesignificant influence	24/02/2018

1 historic (ceased) PSC

Mr Jamie Oliver Wrightceased 24/02/2018· significant influence

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

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	—	—
1 MOVE AHEAD PROPERTY MANAGEMENT LTD→ 16977350 · est 2026 · no financials extracted	—	—	—	—	—	—	—
1 PROSPECT ROAD MANAGEMENT COMPANY LIMITED→ 05090469 · est 2004 · no financials extracted	—	—	—	—	22y	—	—
1 REGENTS PARK (EXETER) MANAGEMENT COMPANY LTD→ 15946315 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
10 BROAD STREET LIMITED→ 13628370 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
10 MOUNT PLEASANT ROAD MANAGEMENT COMPANY LIMITED→ 11689337 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
1008 PROPERTY LTD→ 10869542 · est 2017 · no financials extracted	—	—	—	—	8y	—	—
119 AND 121 FRANCIS ROAD LIMITED→ 16751188 · est 2025 · no financials extracted	—	—	—	—	—	—	—
12 POWDERHAM CRESCENT LIMITED→ 16455160 · est 2025 · no financials extracted	—	—	—	—	—	—	—
125 PROPERTIES LTD→ 12566762 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
13 COOPER STREET BIDEFORD LIMITED→ 12312259 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
130 TAUNTON ROAD LIMITED→ 12716244 · 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

Typeprivate-limited-guarant-nsc

Incorporated2010-01-20

Jurisdictionengland-wales

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

Registered office

28 Alexandra Terrace

Exmouth

Devon

EX8 1BD

England

Filing status

Accounts

Next due: 2027-07-31

Last made up to: 2025-10-31

Confirmation statement

Next due: 2027-02-03

Last: 2026-01-20

Officers (2 active · 4 resigned)

SPEDDING, Aileen Margaret→

director · ~68y · appointed 2018-02-24

View their other companies + combined net worth →

Active

SPEDDING, Andrew James→

director · ~69y · appointed 2018-02-24

View their other companies + combined net worth →

Active

GRIFFITHS, David John→

director · ~43y · appointed 2010-07-01 · resigned 2012-10-24

Resigned

STEPHENS, Graham Robertson→

director · ~76y · appointed 2010-01-20 · resigned 2010-01-20

Resigned

WRIGHT, Jamie Oliver→

director · ~51y · appointed 2011-02-08 · resigned 2018-02-24

Resigned

J MURRAY HOMES LIMITED→

corporate-director · appointed 2010-01-20 · resigned 2011-01-30

Resigned

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