MITCHELL OF LETHAM LIMITED

🌳Matureactive
SC094988 · ltd · incorporated 1985-09-06
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 Aug 2025
Net worth
—
book net assets
Opportunity
78/100
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 bankable structure.

Opportunity 78/100 (strong), bankability 75/100. 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 (73/100).

Data confidence

Overall: high (80/100)

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
6 officers (2 active, 6 linked, 5 with DOB)
87
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
111 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
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£0Aug 2024Aug 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-08-312024-08-31
Average employees2100

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
3
filings
  • • 1 accounts
  • • 1 confirmation-statement
  • • 1 officers
Last 180 days
3
filings
  • • 1 accounts
  • • 1 confirmation-statement
  • • 1 officers
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2026-03-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2026-02-17
    📄
    replacement-filing-of-director-appointment-with-name
    officers · RP01AP01
  3. 2025-01-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-12-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-10-01
    ➕
    MITCHELL, Jacqueline appointed
    director
  6. 2023-10-01
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2022-12-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2022-03-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2021-05-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2020-02-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2019-03-24
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  12. 2019-03-24
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2019-03-05
    ➖
    MITCHELL, Joseph Gordon resigned
    director
  14. 2019-01-07
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2018-04-26
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  16. 2018-04-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2017-10-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  18. 2017-10-06
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2017-09-01
    ➕
    MITCHELL, Joseph William appointed
    director
  20. 2017-09-01
    ➖
    MITCHELL, Joseph Gordon resigned
    secretary
  21. 2017-09-01
    ➖
    MITCHELL, Betsy Fullerton resigned
    director
  22. 2013-04-17
    ➕
    MITCHELL, Joseph Gordon appointed
    director
  23. 2013-04-17
    ➖
    MITCHELL, Joseph Gordon resigned
    director
  24. 1985-09-06
    🏢
    Company incorporated
    As MITCHELL OF LETHAM LIMITED

Owner dependency

89/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder name in company name: Company name contains director surname "MITCHELL" — strong identity link between founder and business.
  • +Senior director age: Director aged approximately 62 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

46/100
Moderate signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

clean
No 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%
NameSharesVoting rightsNature of controlNotified
Mr Joseph William Mitchell
Individual · British · DOB 02/1964 · age 62
75–100%
—75-100% shares01/09/2017
1 historic (ceased) PSC
  • Mr Joseph Gordon Mitchellceased 05/03/2019· 25-50% shares

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

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
Typeltd
Incorporated1985-09-06
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

35 Hillside Road
Forfar
DD8 2AY
Scotland

Filing status

Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2027-04-10
Last: 2026-03-27

Officers (2 active · 4 resigned)

MITCHELL, Jacqueline→
director · ~61y · appointed 2023-10-01
View their other companies + combined net worth →
Active
MITCHELL, Joseph William→
director · ~62y · appointed 2017-09-01
View their other companies + combined net worth →
Active
MITCHELL, Joseph Gordon→
secretary · resigned 2017-09-01
Resigned
MITCHELL, Betsy Fullerton→
director · ~85y · resigned 2017-09-01
Resigned
MITCHELL, Joseph Gordon→
director · ~89y · appointed 2013-04-17 · resigned 2019-03-05
Resigned
MITCHELL, Joseph Gordon→
director · ~89y · resigned 2013-04-17
Resigned

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

Recent filings (111 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-27
replacement-filing-of-director-appointment-with-name
officers · RP01AP01
2026-02-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-26
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-21
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-19
appoint-person-director-company-with-name-date
officers · AP01
2023-10-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-09
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-17
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-09
accounts-with-accounts-type-micro-entity
accounts · AA
2021-05-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-04-20