ANDREW LETHEREN CARPETS LIMITED
🌳Matureactive
09330107 · ltd · incorporated 2014-11-27
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Nov 2024
Net worth
£15.6k
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Retail sale of carpets, rugs, wall and floor coverings in specialised stores
Sector: Wholesale & retail
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 78/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. 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
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
31 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £15,625
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£16k
↑ 56% YoY
Current Assets
£70k
↑ 65% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-11-30 | 2023-11-30 |
|---|---|---|
| Total assets | £35.4k | £39.0k |
| Current assets | £69.6k | £42.3k |
| Net assets | £15.6k | £10.0k |
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
- • 2 persons-with-significant-control
Last 180 days
3
filings
- • 2 persons-with-significant-control
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
- 2026-06-17📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2026-06-17📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-08-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-08-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-08-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-08-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-08-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-08-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-07-08📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-08-06📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-07-03📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2016-08-11📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-12-10📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-12-07📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-12-05📄capital-allotment-sharescapital · SH01
- 2014-11-27🏢Company incorporatedAs ANDREW LETHEREN CARPETS LIMITED
- 2014-11-27➕LETHEREN, Andrew Thomas Guy appointeddirector
- 2014-11-27➕LETHEREN, Annabelle Martha Louise appointeddirector
- 2014-11-27➕KAHAN, Barbara appointeddirector
- 2014-11-27➖KAHAN, Barbara resigneddirector
Owner dependency
89/100
Critical — business is the founderThe 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 name in company name: Company name contains director surname "LETHEREN" — strong identity link between founder and business.
- +Senior director age: Director aged approximately 59 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
51/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanNo 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 |
|---|---|---|---|---|
Mr Andrew Thomas Guy Letheren Individual · British · DOB 05/1967 · age 59 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 16/06/2026 |
Mrs Annabelle Martha Louise Letheren Individual · British · DOB 05/1973 · age 53 | 25–50% | — | 25-50% shares | 06/04/2016 |
1 historic (ceased) PSC
- Mr Andrew Thomas Guy Letherenceased 16/06/2026· 25-50% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Retail · GL postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A.R.DANIELS AND CO.LIMITED→ 00626153 · est 1959 · no financials extracted | — | — | — | — | 67y | — | — |
| AGA LOCUM SERVICES LTD→ 16536678 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AIWATCH LIMITED→ 15884766 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ALL IN THE MAKING UK CRAFTS LTD→ 13531287 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| AMAZINGFINDZUK LTD→ 12546132 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| ANAND FOOD & WINE LTD→ 17052951 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ANELLA BRANDS LIMITED→ 12622373 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ANGELL PETS LIMITED→ 06941953 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| ANGLO-ASIA INVESTMENT LIMITED→ 05438883 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| ANGLO-ASIAN CULTURAL CENTRE→ 03331662 · est 1997 · no financials extracted | — | — | — | — | 29y | — | — |
| ANIMALS ONLY LTD→ 08184540 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| ANISE CASHMERE LTD→ 06598902 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
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6 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.
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See pricing →Company details
Statusactive
Typeltd
Incorporated2014-11-27
Jurisdictionengland-wales
Primary SIC47530 — Retail sale of carpets, rugs, wall and floor coverings in specialised stores
Registered office
Unit 10 Aylburton Business Park
Aylburton
Lydney
Gloucestershire
GL15 6ST
Filing status
Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-12-20
Last: 2025-12-06
Officers (2 active · 1 resigned)
LETHEREN, Andrew Thomas Guy→
Activedirector · ~59y · appointed 2014-11-27
View their other companies + combined net worth →
LETHEREN, Annabelle Martha Louise→
Activedirector · ~53y · appointed 2014-11-27
View their other companies + combined net worth →
KAHAN, Barbara→
Resigneddirector · ~95y · appointed 2014-11-27 · resigned 2014-11-27
Click a director name to see their full track record across all companies.
Recent filings (31 total)
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-06-17
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-06-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-02
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-12
accounts-with-accounts-type-micro-entity
accounts · AA
2024-08-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-06
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-12
accounts-with-accounts-type-micro-entity
accounts · AA
2022-08-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-06
accounts-with-accounts-type-micro-entity
accounts · AA
2021-08-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-07
accounts-with-accounts-type-micro-entity
accounts · AA
2020-08-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-12-09