59-60 CHAPEL STREET RTM COMPANY LIMITED
💤Zombieactive
13698079 · private-limited-guarant-nsc · incorporated 2021-10-22
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Residents property management
Sector: Activities of households
Investor take
PursueAsset-holding vehicle with a 86-year-old founder — textbook succession opportunity.
Opportunity 75/100 (strong), bankability 70/100. Strong seller-intent signal (60/100, director aged 86). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).
Data confidence
Overall: low (46/100)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
6 officers (2 active, 6 linked, 5 with DOB)
87
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
16 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
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.
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 (23 events)Click to expand
- 2025-11-25📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-11-12➖WILKINSON, Kelly Ann resigneddirector
- 2025-06-24📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-08-30📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-07-17📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-05-17📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-04-20➖COSGROVE, Sinead Claire resigneddirector
- 2023-01-22📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-01-18➖WILLIAMS, Michael John resigneddirector
- 2022-07-08📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-07-08📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-07-06➕SAROSI, Andrew Francis appointeddirector
- 2022-07-06➕WILLIAMS, Michael John appointeddirector
- 2021-10-22🏢Company incorporatedAs 59-60 CHAPEL STREET RTM COMPANY LIMITED
- 2021-10-22➕RESIDENTIAL BLOCK MANAGEMENT GROUP LIMITED appointedcorporate-secretary
- 2021-10-22➕COSGROVE, Sinead Claire appointeddirector
- 2021-10-22➕RENDLE, Gary Leonard Spencer appointeddirector
- 2021-10-22➖RENDLE, Gary Leonard Spencer resigneddirector
- 2021-10-22➕WILKINSON, Kelly Ann appointeddirector
- 2021-10-22📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-10-22📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-10-22📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-10-22📄incorporation-companyincorporation · NEWINC
Owner dependency
90/100
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
- +Sole director: Only one active director — all governance concentrated on one person.
- +Founder age: Director aged approximately 86 — succession pressure is live.
Succession & seller-readiness
75/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 86 years old. Natural succession window is now.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Similar companies
Active · Holding company · PL postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 150 DEVONPORT ROAD PL1 5RE MANAGEMENT COMPANY LIMITED→ 13759695 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 151 RIDGEWAY (PLYMOUTH) MANAGEMENT COMPANY LIMITED→ 09627282 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| 16 ALBERT ROAD MANAGEMENT COMPANY LIMITED→ 02373450 · est 1989 · no financials extracted | — | — | — | — | 36y | — | — |
| 16 HILLSIDE AVENUE MANAGEMENT LIMITED→ 07747039 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| 164 DEVONPORT ROAD MANAGEMENT COMPANY LTD→ 16946294 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 17 GASCOYNE PLACE (PLYMOUTH) LIMITED→ 04005547 · est 2000 · no financials extracted | — | — | — | — | 25y | — | — |
| 17 NORTH STREET ASHBURTON MANAGEMENT LTD→ 14538525 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 17 VICTORIA PARK ROAD RTM COMPANY LIMITED→ 07708329 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| 17-23 THAYERS FARM RESIDENTS LIMITED→ 04022527 · est 2000 · no financials extracted | — | — | — | — | 25y | — | — |
| 17/19 EDGCUMBE ROAD MANAGEMENT COMPANY LIMITED→ 10439374 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| 18 SEATON AVENUE MANAGEMENT COMPANY LIMITED→ 02406660 · est 1989 · no financials extracted | — | — | — | — | 36y | — | — |
| 1899 LIMITED→ 11143627 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated2021-10-22
Jurisdictionengland-wales
Primary SIC98000 — Residents property management
Registered office
C/O Plymouth Block Management The Ocean Building
Queen Anne Battery
Plymouth
Devon
PL4 0LP
England
Filing status
Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-10-29
Last: 2025-10-15
Officers (2 active · 4 resigned)
RESIDENTIAL BLOCK MANAGEMENT GROUP LIMITED→
Activecorporate-secretary · appointed 2021-10-22
View their other companies + combined net worth →
SAROSI, Andrew Francis→
Activedirector · ~86y · appointed 2022-07-06
View their other companies + combined net worth →
COSGROVE, Sinead Claire→
Resigneddirector · ~53y · appointed 2021-10-22 · resigned 2023-04-20
RENDLE, Gary Leonard Spencer→
Resigneddirector · ~44y · appointed 2021-10-22 · resigned 2021-10-22
WILKINSON, Kelly Ann→
Resigneddirector · ~37y · appointed 2021-10-22 · resigned 2025-11-12
WILLIAMS, Michael John→
Resigneddirector · ~56y · appointed 2022-07-06 · resigned 2023-01-18
Click a director name to see their full track record across all companies.
Recent filings (16 total)
termination-director-company-with-name-termination-date
officers · TM01
2025-11-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-28
accounts-with-accounts-type-dormant
accounts · AA
2025-06-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-15
termination-director-company-with-name-termination-date
officers · TM01
2024-08-30
accounts-with-accounts-type-dormant
accounts · AA
2024-07-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-28
accounts-with-accounts-type-dormant
accounts · AA
2023-05-17
termination-director-company-with-name-termination-date
officers · TM01
2023-01-22
confirmation-statement-with-updates
confirmation-statement · CS01
2022-12-19
appoint-person-director-company-with-name-date
officers · AP01
2022-07-08
appoint-person-director-company-with-name-date
officers · AP01
2022-07-08
appoint-person-director-company-with-name-date
officers · AP01
2021-10-22
termination-director-company-with-name-termination-date
officers · TM01
2021-10-22
appoint-person-director-company-with-name-date
officers · AP01
2021-10-22