18TH LETTER LIMITED
🏛️Establishedactive
11643827 · ltd · incorporated 2018-10-26
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
77/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 77/100 (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: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
25 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
75
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 accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-10-31 | 2024-10-31 |
|---|
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
0
filings
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
- 2026-01-13📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-01-27📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-09-25📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-09-24📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-01-20📄gazette-filings-brought-up-to-dategazette · DISS40
- 2024-01-16📄gazette-notice-compulsorygazette · GAZ1
- 2023-11-10📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-11-09📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-11-19📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-11-13📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-07-07📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-07-07📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-07-07📄change-person-director-company-with-change-dateofficers · CH01
- 2020-07-07📄change-person-director-company-with-change-dateofficers · CH01
- 2020-03-16📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-11-23📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2018-11-23📄change-person-director-company-with-change-dateofficers · CH01
- 2018-10-26🏢Company incorporatedAs 18TH LETTER LIMITED
- 2018-10-26➕ALEKSEEVA, Olga appointeddirector
- 2018-10-26➕HAINSWORTH, Michael Quddus appointeddirector
- 2018-10-26📄incorporation-companyincorporation · NEWINC
Owner dependency
71/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
- +No director turnover: Company is 8 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
46/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
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 Michael Quddus Hainsworth Individual · British · DOB 07/1968 · age 58 | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 26/10/2018 |
Mrs Olga Alekseeva Individual · British · DOB 12/1969 · age 57 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 26/10/2018 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
🔒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 →Similar companies
Active · Property · ME postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 21 CLIFTON CRESCENT (FOLKESTONE) FREEHOLD COMPANY LIMITED→ 06668517 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| 31-48 SUNDERLAND CLOSE RTM COMPANY LIMITED→ 08116260 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| 36 ALBANY MANAGEMENT LTD→ 14757202 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| 369 ROMAN LTD→ 13293174 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| 3DW PROPERTY LTD→ 11817167 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| 4J PROPERTIES UK LIMITED→ 15909275 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 6 BYRON ROAD (MANAGEMENT) LIMITED→ 03950536 · est 2000 · no financials extracted | — | — | — | — | 26y | — | — |
| 7-12 SUNDERLAND CLOSE RTM COMPANY LIMITED→ 07672667 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| 86/88/90 HIGH STREET LIMITED→ 09549902 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| 9 WATTS AVENUE MANAGEMENT COMPANY LIMITED→ 03609500 · est 1998 · no financials extracted | — | — | — | — | 27y | — | — |
| 93 ESTATES LTD→ 15902519 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| A&A HOMES KENT LIMITED→ 15473483 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
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.
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
Incorporated2018-10-26
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
19/21 Swan Street
West Malling
Kent
ME19 6JU
England
Filing status
Accounts
Next due: 2027-07-31
Last made up to: 2025-10-31
Confirmation statement
Next due: 2026-11-08
Last: 2025-10-25
Officers (2 active · 0 resigned)
ALEKSEEVA, Olga→
Activedirector · ~57y · appointed 2018-10-26
View their other companies + combined net worth →
HAINSWORTH, Michael Quddus→
Activedirector · ~58y · appointed 2018-10-26
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (25 total)
accounts-with-accounts-type-dormant
accounts · AA
2026-01-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-31
accounts-with-accounts-type-dormant
accounts · AA
2025-01-27
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-08
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-09-25
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-09-24
gazette-filings-brought-up-to-date
gazette · DISS40
2024-01-20
confirmation-statement-with-updates
confirmation-statement · CS01
2024-01-19
gazette-notice-compulsory
gazette · GAZ1
2024-01-16
accounts-with-accounts-type-dormant
accounts · AA
2023-11-10
confirmation-statement-with-updates
confirmation-statement · CS01
2022-11-09
accounts-with-accounts-type-dormant
accounts · AA
2022-11-09
confirmation-statement-with-updates
confirmation-statement · CS01
2021-11-19
accounts-with-accounts-type-dormant
accounts · AA
2021-11-19
confirmation-statement-with-updates
confirmation-statement · CS01
2021-02-11