NDF LETH LLP

⚰️Wound downdissolved
OC352497 · llp · incorporated 2010-02-19
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 15.9y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
55/100
Worth a look
🔔
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Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 55/100 (worth a look), bankability 75/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: strategic trade sale (63/100).

🏦

Refinance opportunity

1 live charge · oldest 15.9y

65/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 15.9 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: low (46/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, no SIC, incorporation date
80
Financials
No iXBRL financials extracted
0
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
8 officers (6 active, 8 linked, 7 with DOB)
88
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
32 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
55/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
50
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review 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 (38 events)Click to expand
  1. 2022-05-24
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2022-05-24
    🏁
    Company dissolved
  3. 2022-03-08
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2022-02-25
    📄
    dissolution-application-strike-off-limited-liability-partnership
    dissolution · LLDS01
  5. 2022-02-18
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  6. 2021-12-02
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2021-03-29
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  8. 2020-06-19
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2020-06-12
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  10. 2019-09-19
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2019-02-19
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  12. 2019-01-08
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2018-03-02
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  14. 2018-01-22
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2017-02-28
    📄
    confirmation-statement-with-updates
    confirmation-statement · LLCS01
  16. 2016-12-22
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  17. 2016-05-06
    📄
    termination-member-limited-liability-partnership-with-name-termination-date
    officers · LLTM01
  18. 2016-03-14
    📄
    annual-return-limited-liability-partnership-with-made-up-date
    annual-return · LLAR01
  19. 2016-03-04
    RODDA, Eric Thomas resigned
    llp-member
  20. 2015-12-31
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  21. 2015-03-09
    📄
    annual-return-limited-liability-partnership-with-made-up-date
    annual-return · LLAR01
  22. 2015-03-09
    📄
    termination-member-limited-liability-partnership-with-name-termination-date
    officers · LLTM01
  23. 2014-12-11
    RODDA, Andrew Simon resigned
    llp-designated-member
  24. 2014-11-18
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  25. 2014-03-06
    📄
    annual-return-limited-liability-partnership-with-made-up-date
    annual-return · LLAR01
  26. 2014-03-06
    📍
    change-registered-office-address-limited-liability-partnership-with-date-old-address
    address · LLAD01
  27. 2013-12-04
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  28. 2013-03-11
    📄
    annual-return-limited-liability-partnership-with-made-up-date
    annual-return · LLAR01
  29. 2010-07-08
    🔒
    Charge registered #1
    Lender: Lombard North Central PLC
  30. 2010-02-19
    🏢
    Company incorporated
    As NDF LETH LLP
  31. 2010-02-19
    RODDA, Nicholas Luke appointed
    llp-designated-member
  32. 2010-02-19
    RODDA, Philip Ernest appointed
    llp-designated-member
  33. 2010-02-19
    MORRISS, Roger Neil appointed
    llp-member
  34. 2010-02-19
    PENGELLY, John William appointed
    llp-member
  35. 2010-02-19
    RODDA, Alfred James appointed
    llp-member
  36. 2010-02-19
    A E RODDA & SON LIMITED appointed
    corporate-llp-member
  37. 2010-02-19
    RODDA, Andrew Simon appointed
    llp-designated-member
  38. 2010-02-19
    RODDA, Eric Thomas appointed
    llp-member

Owner dependency

50/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

Succession & seller-readiness

40/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryStable-but-static management: Company is 16 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high ·
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2022-05-24

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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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 →
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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.

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Company details

Statusdissolved
Typellp
Incorporated2010-02-19
Jurisdictionengland-wales
Primary SIC

Registered office

Lowin House
Tregolls Road
Truro
Cornwall
TR1 2NA

Filing status

Accounts
Next due:
Last made up to: 2021-03-31
Confirmation statement
Next due:
Last:

Officers (0 active · 2 resigned)

RODDA, Nicholas Luke
llp-designated-member · ~57y · appointed 2010-02-19
View their other companies + combined net worth →
Active
RODDA, Philip Ernest
llp-designated-member · ~76y · appointed 2010-02-19
View their other companies + combined net worth →
Active
MORRISS, Roger Neil
llp-member · ~80y · appointed 2010-02-19
View their other companies + combined net worth →
Active
PENGELLY, John William
llp-member · ~83y · appointed 2010-02-19
View their other companies + combined net worth →
Active
RODDA, Alfred James
llp-member · ~83y · appointed 2010-02-19
View their other companies + combined net worth →
Active
A E RODDA & SON LIMITED
corporate-llp-member · appointed 2010-02-19
View their other companies + combined net worth →
Active
RODDA, Andrew Simon
llp-designated-member · ~55y · appointed 2010-02-19 · resigned 2014-12-11
Resigned
RODDA, Eric Thomas
llp-member · ~105y · appointed 2010-02-19 · resigned 2016-03-04
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Lombard North Central
Lombard North Central PLC
Debenture1 property08/07/2010
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (32 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2022-05-24
gazette-notice-voluntary
gazette · GAZ1(A)
2022-03-08
dissolution-application-strike-off-limited-liability-partnership
dissolution · LLDS01
2022-02-25
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2022-02-18
accounts-with-accounts-type-dormant
accounts · AA
2021-12-02
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2021-03-29
accounts-with-accounts-type-dormant
accounts · AA
2020-06-19
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2020-06-12
accounts-with-accounts-type-dormant
accounts · AA
2019-09-19
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2019-02-19
accounts-with-accounts-type-dormant
accounts · AA
2019-01-08
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2018-03-02
accounts-with-accounts-type-dormant
accounts · AA
2018-01-22
confirmation-statement-with-updates
confirmation-statement · LLCS01
2017-02-28
accounts-with-accounts-type-dormant
accounts · AA
2016-12-22