18LM LTD
🌿Early-stageactive
14842367 · ltd · incorporated 2023-05-03
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to May 2024
Net worth
—
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueProperty-backed borrower. Family succession underway — not a classic acquisition target.
Opportunity 76/100 (strong), bankability 70/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 2.9y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Newest facility, 2.9 years old — likely still in initial term.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (73/100)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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
14 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
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-05-31 |
|---|---|
| Average employees | 200 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
3 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
1
filing
- • 1 accounts
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
- 2026-02-28📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2025-06-17📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-06-17📄change-person-director-company-with-change-dateofficers · CH01
- 2025-04-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-01-31📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2024-10-09📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-10-03🔒Charge registered #2Lender: Quantum Mortgages Limited
- 2024-07-17📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-10-26📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-10-26📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-07-27➖GEE, Steven Michael resigneddirector
- 2023-06-30📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-06-30🔒Charge registered #1Lender: Shawbrook Bank Limited
- 2023-05-03🏢Company incorporatedAs 18LM LTD
- 2023-05-03➕HEALEY, James Douglas Alan appointeddirector
- 2023-05-03➕HEALEY, John Douglas appointeddirector
- 2023-05-03➕GEE, Steven Michael appointeddirector
- 2023-05-03📄incorporation-companyincorporation · NEWINC
Owner dependency
81/100
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
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder age: Director aged approximately 66 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
16/100
No succession signalNo meaningful acquirability indicators from public data.
SIGNALS
- primaryFamily succession underway: Not a takeover target — HEALEY, James Douglas Alan (same surname) appointed 2023-05-03. Pattern consistent with intra-family handover.
- primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
- 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 James Douglas Alan Healey Individual · British · DOB 08/1992 · age 34 | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 03/05/2023 |
Mr John Douglas Healey Individual · British · DOB 03/1960 · age 66 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 03/05/2023 |
1 historic (ceased) PSC
- Mr Steven Michael Geeceased 27/07/2023· 25-50% shares · 25-50% voting
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 · EX postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1 & 2 VICTORIA STREET AMENITY LIMITED→ 04920334 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| 1008 PROPERTY LTD→ 10869542 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| 125 PROPERTIES LTD→ 12566762 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 130 TAUNTON ROAD LIMITED→ 12716244 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 1633 ENTERPRISES LIMITED→ 14094848 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 17 AND 18 RICHMOND ROAD EXETER MANAGEMENT COMPANY LIMITED→ 03109420 · est 1995 · no financials extracted | — | — | — | — | 30y | — | — |
| 19 VPR LIMITED→ 08575331 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| 2 BRYANTWOOD ROAD RTM COMPANY LIMITED→ 07313242 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| 2 QUEEN ANNES HIGH STREET (BIDEFORD) MANAGEMENT COMPANY LIMITED→ 05962980 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| 20 DURRANT ROAD LIMITED→ 04226932 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| 201 PROPERTIES LTD→ 12563274 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 21 LUSHINGTON ROAD LIMITED→ 11104556 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
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
Incorporated2023-05-03
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
1st Floor 3&4 Cranmere Court
Lustleigh Close, Matford Business Park
Exeter
Devon
EX2 8PW
United Kingdom
Filing status
Accounts
Next due: 2026-05-31
Last made up to: 2024-05-31
Confirmation statement
Next due: 2026-07-01
Last: 2025-06-17
Officers (2 active · 1 resigned)
HEALEY, James Douglas Alan→
Activedirector · ~34y · appointed 2023-05-03
View their other companies + combined net worth →
HEALEY, John Douglas→
Activedirector · ~66y · appointed 2023-05-03
View their other companies + combined net worth →
GEE, Steven Michael→
Resigneddirector · ~62y · appointed 2023-05-03 · resigned 2023-07-27
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
2
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Quantum Mortgages Quantum Mortgages Limited | A registered charge | 1 property | 03/10/2024 | — | |
| outstanding | Shawbrook Shawbrook Bank Limited | A registered charge | 1 property | 30/06/2023 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (14 total)
change-account-reference-date-company-previous-shortened
accounts · AA01
2026-02-28
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-17
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-06-17
change-person-director-company-with-change-date
officers · CH01
2025-06-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-28
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-01-31
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-10-09
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-17
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-07-17
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-29
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-10-26
termination-director-company-with-name-termination-date
officers · TM01
2023-10-26
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-06-30
incorporation-company
incorporation · NEWINC
2023-05-03