AP DEVON LIMITED
🌿Early-stageactive
13738869 · ltd · incorporated 2021-11-11
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Nov 2024
Net worth
£-10.0k
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: Unlicenced restaurants and cafes
Sector: Accommodation & food service
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 76/100 (strong), bankability 70/100. 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
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
Network not yet resolved
30
Filing history
10 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
60
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.
Signals from accounts
Derived from iXBRL accounts · FRS 102Negative net assets
Liabilities exceed assets by £9,961
Key financials
2 years extracted from filed iXBRL accountsCash
£20k
Net Worth
-£10k
Current Assets
£20k
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-11-30 | 2023-11-30 |
|---|---|---|
| Total assets | £43.9k | — |
| Current assets | £19.8k | — |
| Cash | £19.7k | — |
| Debtors | £100 | — |
| Net assets | £-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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (9 events)Click to expand
- 2025-08-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-08-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-08-10📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-07-09📄change-person-director-company-with-change-dateofficers · CH01
- 2022-07-09📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-11-11🏢Company incorporatedAs AP DEVON LIMITED
- 2021-11-11➕FRANKLIN, Andrea Louise appointeddirector
- 2021-11-11➕FRANKLIN, Paul Robert appointeddirector
- 2021-11-11📄incorporation-companyincorporation · NEWINC
Owner dependency
74/100
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 62 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
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 62. 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 |
|---|---|---|---|---|
Mrs Andrea Louise Franklin Individual · British · DOB 12/1964 · age 62 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 11/11/2021 |
Mr Paul Robert Franklin Individual · British · DOB 03/1966 · age 60 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 11/11/2021 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Hospitality · TQ postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AH PUBS LTD→ 13705477 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| AJR HOSPITALITY LTD→ 07447021 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| ALAN IRIS LTD→ 16596653 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ALISA PIZZA LTD→ 16560012 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ALSOP'S KINGSBRIDGE LTD→ 16551299 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AMARLIE FOODS LTD→ 12877190 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ANCHOR HOTEL PORLOCK WEIR (2018) LTD→ 11425964 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ANDRIA RESTAURANT LTD→ 12721078 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ANKAGRILL LIMITED→ 16838538 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ANSTEYS COVE CAFE LTD→ 17113599 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| APARTMENTS BY THE BEACH LIMITED→ 11336265 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| APPLE LANE EATZ LTD→ 16006130 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
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.
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See pricing →Company details
Statusactive
Typeltd
Incorporated2021-11-11
Jurisdictionengland-wales
Primary SIC56102 — Unlicenced restaurants and cafes
Registered office
46 Hyde Road
Paignton
TQ4 5BY
England
Filing status
Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-11-24
Last: 2025-11-10
Officers (2 active · 0 resigned)
FRANKLIN, Andrea Louise→
Activedirector · ~62y · appointed 2021-11-11
View their other companies + combined net worth →
FRANKLIN, Paul Robert→
Activedirector · ~60y · appointed 2021-11-11
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (10 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-22
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-08-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-17
accounts-with-accounts-type-micro-entity
accounts · AA
2024-08-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-20
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-16
change-person-director-company-with-change-date
officers · CH01
2022-07-09
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-07-09
incorporation-company
incorporation · NEWINC
2021-11-11