EXERO LIFESTYLE THREE LIMITED

🏛️Establishedactive
10587936 · ltd · incorporated 2017-01-27
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
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Turnover
year to Mar 2025
Net worth
£-191.4k
book net assets
Opportunity
76/100
Strong
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What this business does
Primary activity: Fitness facilities
Sector: Arts, entertainment & recreation
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 76/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (75/100)

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
4 officers (4 active, 4 linked, 4 with DOB)
90
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
28 connected companies via shared directors
90
Filing history
27 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
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 · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £191,405

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£191k
↑ 5.8% YoY
Current Assets
£59k
↑ 66% YoY
Current Liabilities
-£203k-£151k-£98k-£46k£7k£59kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-03-312024-03-31
Total assets£179.2k£185.4k
Current assets£59.2k£35.6k
Net assets£-191.4k£-203.3k

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
0
filings
Last 90 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2026-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-12-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-11-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-03-08
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2023-03-08
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2023-03-08
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2023-03-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2023-03-08
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2022-06-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2022-04-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2021-05-27
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2021-05-01
    KHAN, Babar Ahmed appointed
    director
  13. 2021-03-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2019-12-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2018-12-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2018-10-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2018-10-24
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  18. 2017-01-27
    🏢
    Company incorporated
    As EXERO LIFESTYLE THREE LIMITED
  19. 2017-01-27
    MENAIR, Mohammad Amir appointed
    director
  20. 2017-01-27
    SOLANKI, Minesh appointed
    director
  21. 2017-01-27
    WAIN, Christopher James appointed
    director

Owner dependency

55/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Founder age: Director aged approximately 71 — succession pressure is live.

Succession & seller-readiness

60/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
🔒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 →

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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 →
🔒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
Incorporated2017-01-27
Jurisdictionengland-wales
Primary SIC93130 — Fitness facilities

Registered office

130-132 Regent Road
Leicester
LE1 7PG
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-09
Last: 2026-01-26

Officers (4 active · 0 resigned)

KHAN, Babar Ahmed
director · ~56y · appointed 2021-05-01
View their other companies + combined net worth →
Active
MENAIR, Mohammad Amir
director · ~33y · appointed 2017-01-27
View their other companies + combined net worth →
Active
SOLANKI, Minesh
director · ~47y · appointed 2017-01-27
View their other companies + combined net worth →
Active
WAIN, Christopher James
director · ~71y · appointed 2017-01-27
View their other companies + combined net worth →
Active

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

Recent filings (27 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-22
accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-26
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-05
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-21
change-person-director-company-with-change-date
officers · CH01
2023-03-08
change-person-director-company-with-change-date
officers · CH01
2023-03-08
change-person-director-company-with-change-date
officers · CH01
2023-03-08
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-03-08
change-person-director-company-with-change-date
officers · CH01
2023-03-08
confirmation-statement-with-updates
confirmation-statement · CS01
2023-02-01
accounts-with-accounts-type-micro-entity
accounts · AA
2022-06-24
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-30