BRUCE LETTINGS LIMITED

🌿Early-stageactive
13801680 · ltd · incorporated 2021-12-15
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 Dec 2024
Net worth
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 75/100 (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 (65/100).

Data confidence

Overall: high (82/100)

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
3 officers (3 active, 3 linked, 3 with DOB)
90
Ownership & PSC
3 active PSC(s) of 4 total, 4 with control declared
90
Director network
11 connected companies via shared directors
78
Filing history
21 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.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Average employees300300

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals 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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2025-09-25
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2024-12-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2024-12-13
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2024-12-13
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2024-09-23
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  6. 2024-01-04
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2023-09-06
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  8. 2023-01-07
    📄
    memorandum-articles
    incorporation · MA
  9. 2023-01-07
    📄
    resolution
    resolution · RESOLUTIONS
  10. 2023-01-07
    📄
    capital-name-of-class-of-shares
    capital · SH08
  11. 2022-12-21
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  12. 2022-12-21
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  13. 2022-12-21
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  14. 2022-12-21
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  15. 2022-02-21
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2022-02-21
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  17. 2022-01-21
    BRUCE, Angus Peter appointed
    director
  18. 2022-01-21
    BRUCE, Paola Eleonora appointed
    director
  19. 2021-12-15
    🏢
    Company incorporated
    As BRUCE LETTINGS LIMITED
  20. 2021-12-15
    ZANETTI, Sante Romano appointed
    director
  21. 2021-12-15
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

88/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Founder name in company name: Company name contains director surname "BRUCE" — strong identity link between founder and business.
  • +Founder age: Director aged approximately 91 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

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 91 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.)

Group structure

Countrywide Tax & Trust Corporation Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Countrywide Tax & Trust Corporation Ltd
Corporate parent · holds 75-100% shares
ultimate parent
BRUCE LETTINGS LIMITED
This company · 13801680

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

3 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Angus Peter Bruce
Individual · British · DOB 05/1964 · age 62
75100%
75–100%75-100% shares · 75-100% voting · trust interest11/03/2022
Paola Eleonora Bruce
Individual · British · DOB 11/1964 · age 62
75100%
75–100%75-100% shares · 75-100% voting · trust interest11/03/2022
Countrywide Tax & Trust Corporation Ltd
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting · trust interest11/03/2022
1 historic (ceased) PSC
  • Mr Sante Romano Zanetticeased 11/03/2022· 75-100% shares · 75-100% voting · board control

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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Incorporated2021-12-15
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Midway House Herrick Way
Staverton Technology Park
Cheltenham
Gloucestershire
GL51 6TQ
United Kingdom

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-28
Last: 2025-12-14

Officers (3 active · 0 resigned)

BRUCE, Angus Peter
director · ~62y · appointed 2022-01-21
View their other companies + combined net worth →
Active
BRUCE, Paola Eleonora
director · ~58y · appointed 2022-01-21
View their other companies + combined net worth →
Active
ZANETTI, Sante Romano
director · ~91y · appointed 2021-12-15
View their other companies + combined net worth →
Active

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

Recent filings (21 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-12-22
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-09-25
confirmation-statement-with-updates
confirmation-statement · CS01
2024-12-19
change-person-director-company-with-change-date
officers · CH01
2024-12-16
change-person-director-company-with-change-date
officers · CH01
2024-12-13
change-person-director-company-with-change-date
officers · CH01
2024-12-13
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-09-23
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-01-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-04
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-09-06
memorandum-articles
incorporation · MA
2023-01-07
resolution
resolution · RESOLUTIONS
2023-01-07
capital-name-of-class-of-shares
capital · SH08
2023-01-07
confirmation-statement-with-updates
confirmation-statement · CS01
2022-12-21
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-12-21