AA LETTINGS BATH LTD
Opportunity 71/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (58/100).
Refinance opportunity
1 live charge · oldest 1.5y
Refinance viable after a tidy-up — address the highlighted items first.
- · Newest facility, 1.5 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (70/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
1 year extracted from filed iXBRL accountsFinancials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-02-28 |
|---|---|
| Total assets | £506.3k |
| Current assets | £151.3k |
| Net assets | £27.4k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
- • 1 confirmation-statement
- • 1 confirmation-statement
Corporate timeline (6 events)Click to expand
- 2025-11-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-12-13📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-12-12🔒Charge registered #1Lender: Paragon Bank PLC
- 2024-02-22🏢Company incorporatedAs AA LETTINGS BATH LTD
- 2024-02-22➕NEACSU, Bogdan appointeddirector
- 2024-02-22📄incorporation-companyincorporation · NEWINC
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Young company: Only 2.3 years old — management layer unlikely to be developed.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Bogdan Neacsu Individual · British · DOB 11/1979 · age 47 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 22/02/2024 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Property · BA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 9 LIME GROVE BATH LIMITED→ 02589842 · est 1991 · no financials extracted | — | — | — | — | 35y | — | — |
| A & G MOORE PROPERTIES LTD→ 13078480 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| A.G.& K.M.SPIERS,LIMITED→ 00442649 · est 1947 · no financials extracted | — | — | — | — | 78y | — | — |
| ABBEY DORE WEALTH LTD→ 14607511 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ABBEY MANOR PROPERTY HOLDINGS LIMITED→ 01141751 · est 1973 · no financials extracted | — | — | — | — | 52y | — | — |
| ABERCORN PROPERTIES STUDHAM LIMITED→ 13564648 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ABLAH LTD→ 16218704 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ABM4 HOLDINGS LIMITED→ 10800271 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ACE STAYS LTD→ 17013597 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ACOL ESTATES LIMITED→ 01427335 · est 1979 · no financials extracted | — | — | — | — | 46y | — | — |
| ACOR PROPERTIES LTD→ 11659641 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ACRES HILL LIMITED→ 03294075 · est 1996 · no financials extracted | — | — | — | — | 29y | — | — |
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 →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
Registered office
Filing status
Officers (1 active · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 12/12/2024 | — |