EXETER LETTINGS LLP
💤Zombieactive
OC424583 · llp · incorporated 2018-10-23
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Oct 2025
Net worth
—
book net assets
Opportunity
70/100
Strong
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 70/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).
Data confidence
Overall: medium (75/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, no SIC, incorporation date
80
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
6 officers (3 active, 6 linked, 3 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
27 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
80
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-10-31 | 2024-10-31 |
|---|---|---|
| Average employees | 100 | 100 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
1 signal 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
1
filing
- • 1 accounts
Last 90 days
2
filings
- • 1 accounts
- • 1 officers
Last 180 days
4
filings
- • 3 officers
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (35 events)Click to expand
- 2026-07-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2026-05-07📄appoint-person-member-limited-liability-partnership-with-appointment-dateofficers · LLAP01
- 2026-04-22➕MITCHELL, Ian Robert appointedllp-designated-member
- 2026-02-12📄termination-member-limited-liability-partnership-with-name-termination-dateofficers · LLTM01
- 2026-02-12📄appoint-corporate-member-limited-liability-partnership-with-appointment-dateofficers · LLAP02
- 2026-01-19➕INTERNATIONAL PROPERTY CONSULTANCY LLP appointedcorporate-llp-designated-member
- 2026-01-19➖KENNAWAY ESTATES 2 LIMITED resignedcorporate-llp-member
- 2026-01-14📄gazette-filings-brought-up-to-dategazette · DISS40
- 2026-01-13📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2026-01-13📄gazette-notice-compulsorygazette · GAZ1
- 2025-07-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-08📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2024-07-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-11-13📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2023-09-22📄termination-member-limited-liability-partnership-with-name-termination-dateofficers · LLTM01
- 2023-09-22📄appoint-corporate-member-limited-liability-partnership-with-appointment-dateofficers · LLAP02
- 2023-09-22📄appoint-person-member-limited-liability-partnership-with-appointment-dateofficers · LLAP01
- 2023-09-22📄termination-member-limited-liability-partnership-with-name-termination-dateofficers · LLTM01
- 2023-09-12➕WARN, Kate appointedllp-designated-member
- 2023-09-12➖MITCHELL, Ian Robert resignedllp-designated-member
- 2023-09-12➖INTERNATIONAL PROPERTY CONSULTANCY LLP resignedcorporate-llp-designated-member
- 2023-09-12➕KENNAWAY ESTATES 2 LIMITED appointedcorporate-llp-member
- 2023-07-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-18📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2022-07-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-11-26📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2021-07-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-03-02📄change-corporate-member-limited-liability-partnership-with-name-change-dateofficers · LLCH02
- 2020-12-04📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2020-10-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-11-12📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2018-10-24📄change-account-reference-date-limited-liability-partnership-current-extendedaccounts · LLAA01
- 2018-10-23🏢Company incorporatedAs EXETER LETTINGS LLP
- 2018-10-23➕MITCHELL, Ian Robert appointedllp-designated-member
- 2018-10-23➕INTERNATIONAL PROPERTY CONSULTANCY LLP appointedcorporate-llp-designated-member
Owner dependency
50/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
Succession & seller-readiness
30/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
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
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Ian Robert Mitchell Individual · British · DOB 06/1950 · age 76 | — | 75–100% | 75-100% voting | 23/10/2018 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · same sector · TQ postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ACE TALENT CENTRE LTD→ 16041057 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ACR PLASTERING SW LTD→ 16936194 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ADAMS AND MACK LIMITED→ 13863331 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| AGENT BUILDER ACADEMY LIMITED→ 16838955 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ALDERKEY LIMITED→ 02910829 · est 1994 · no financials extracted | — | — | — | — | 32y | — | — |
| ALEX CHAMPION DESIGN LTD.→ 07943830 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| ALL ASPECTS MAINTENANCE LIMITED→ 15562979 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ALMA COURT (TAUNTON) MANAGEMENT COMPANY LIMITED→ 06659089 · est 2008 | — | — | — | 0 | 17y | — | — |
| ALPHA DESIGN PRODUCTS LTD→ 12606921 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ALTITUDE MEDICAL LIMITED→ 11972032 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ALVA CONSULTANCY LTD→ 09552707 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| AMARA LIFESTYLE LTD→ 13420710 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Typellp
Incorporated2018-10-23
Jurisdictionengland-wales
Primary SIC—
Registered office
The Mill
Kingsteignton Road
Newton Abbot
TQ12 2QA
United Kingdom
Filing status
Accounts
Next due: 2027-07-31
Last made up to: 2025-10-31
Confirmation statement
Next due: 2026-11-05
Last: 2025-10-22
Officers (3 active · 3 resigned)
MITCHELL, Ian Robert→
Activellp-designated-member · ~76y · appointed 2026-04-22
View their other companies + combined net worth →
WARN, Kate→
Activellp-designated-member · ~44y · appointed 2023-09-12
View their other companies + combined net worth →
INTERNATIONAL PROPERTY CONSULTANCY LLP→
Activecorporate-llp-designated-member · appointed 2026-01-19
View their other companies + combined net worth →
MITCHELL, Ian Robert→
Resignedllp-designated-member · ~76y · appointed 2018-10-23 · resigned 2023-09-12
INTERNATIONAL PROPERTY CONSULTANCY LLP→
Resignedcorporate-llp-designated-member · appointed 2018-10-23 · resigned 2023-09-12
KENNAWAY ESTATES 2 LIMITED→
Resignedcorporate-llp-member · appointed 2023-09-12 · resigned 2026-01-19
Click a director name to see their full track record across all companies.
Recent filings (27 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-07-16
appoint-person-member-limited-liability-partnership-with-appointment-date
officers · LLAP01
2026-05-07
termination-member-limited-liability-partnership-with-name-termination-date
officers · LLTM01
2026-02-12
appoint-corporate-member-limited-liability-partnership-with-appointment-date
officers · LLAP02
2026-02-12
gazette-filings-brought-up-to-date
gazette · DISS40
2026-01-14
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2026-01-13
gazette-notice-compulsory
gazette · GAZ1
2026-01-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-09
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2024-12-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-25
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2023-11-13
termination-member-limited-liability-partnership-with-name-termination-date
officers · LLTM01
2023-09-22
appoint-corporate-member-limited-liability-partnership-with-appointment-date
officers · LLAP02
2023-09-22
appoint-person-member-limited-liability-partnership-with-appointment-date
officers · LLAP01
2023-09-22
termination-member-limited-liability-partnership-with-name-termination-date
officers · LLTM01
2023-09-22