EXERO LIFESTYLE FOUR LIMITED

⚰️Wound downdissolved
10750844 · ltd · incorporated 2017-05-03
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
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Turnover
not disclosed
Net worth
book net assets
Opportunity
48/100
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What this business does
Primary activity: Fitness facilities
Sector: Arts, entertainment & recreation
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 48/100 (watch), bankability 50/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: strategic trade sale (53/100). Current lenders should be on monthly review.

Data confidence

Overall: low (53/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
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
32 connected companies via shared directors
90
Filing history
18 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
48/100Watch
PassWatchWorth a lookStrongExceptional 

Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.

Business quality
5
Concerning — overdue filings or status flags present.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

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 (20 events)Click to expand
  1. 2023-05-17
    ⚠️
    gazette-dissolved-liquidation
    gazette · GAZ2
  2. 2023-05-17
    🏁
    Company dissolved
  3. 2023-02-17
    ⚠️
    liquidation-voluntary-creditors-return-of-final-meeting
    insolvency · LIQ14
  4. 2021-10-05
    ⚠️
    liquidation-disclaimer-notice
    insolvency · NDISC
  5. 2021-05-12
    ⚠️
    liquidation-voluntary-statement-of-affairs
    insolvency · LIQ02
  6. 2021-05-12
    ⚠️
    liquidation-voluntary-appointment-of-liquidator
    insolvency · 600
  7. 2021-05-12
    📄
    resolution
    resolution · RESOLUTIONS
  8. 2021-03-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2019-12-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2018-12-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2018-12-20
    MENAIR, Mohammad appointed
    director
  12. 2018-12-20
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2018-12-13
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  14. 2018-05-30
    📄
    capital-allotment-shares
    capital · SH01
  15. 2018-05-30
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2017-05-03
    🏢
    Company incorporated
    As EXERO LIFESTYLE FOUR LIMITED
  17. 2017-05-03
    MENAIR, Mohammad Amir appointed
    director
  18. 2017-05-03
    SOLANKI, Minesh appointed
    director
  19. 2017-05-03
    WAIN, Christopher James appointed
    director
  20. 2017-05-03
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

68/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Founder age: Director aged approximately 71 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 9 years old with no director changes — suggests a very tight-knit founder team never broadened.

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

2 high ·
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2023-05-17

5 insolvency-related filings on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2023-05-17: gazette-dissolved-liquidation; 2023-02-17: liquidation-voluntary-creditors-return-of-final-meeting

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

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Company details

Statusdissolved
Typeltd
Incorporated2017-05-03
Jurisdictionengland-wales
Primary SIC93130 — Fitness facilities

Registered office

109 Coleman Road
Leicester
LE5 4LE
United Kingdom

Filing status

Accounts
Next due:
Last made up to: 2020-03-31
Confirmation statement
Next due:
Last:

Officers (0 active · 0 resigned)

MENAIR, Mohammad
director · ~57y · appointed 2018-12-20
View their other companies + combined net worth →
Active
MENAIR, Mohammad Amir
director · ~33y · appointed 2017-05-03
View their other companies + combined net worth →
Active
SOLANKI, Minesh
director · ~47y · appointed 2017-05-03
View their other companies + combined net worth →
Active
WAIN, Christopher James
director · ~71y · appointed 2017-05-03
View their other companies + combined net worth →
Active

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

Recent filings (18 total)

gazette-dissolved-liquidation
gazette · GAZ2
2023-05-17
liquidation-voluntary-creditors-return-of-final-meeting
insolvency · LIQ14
2023-02-17
liquidation-disclaimer-notice
insolvency · NDISC
2021-10-05
liquidation-voluntary-statement-of-affairs
insolvency · LIQ02
2021-05-12
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2021-05-12
resolution
resolution · RESOLUTIONS
2021-05-12
confirmation-statement-with-updates
confirmation-statement · CS01
2021-05-04
accounts-with-accounts-type-micro-entity
accounts · AA
2021-03-26
confirmation-statement-with-updates
confirmation-statement · CS01
2020-05-16
accounts-with-accounts-type-micro-entity
accounts · AA
2019-12-16
confirmation-statement-with-updates
confirmation-statement · CS01
2019-07-01
accounts-with-accounts-type-micro-entity
accounts · AA
2018-12-24
appoint-person-director-company-with-name-date
officers · AP01
2018-12-20
change-account-reference-date-company-previous-shortened
accounts · AA01
2018-12-13
confirmation-statement-with-updates
confirmation-statement · CS01
2018-05-31