SIMPLE APPROACH LETTING AGENTS LTD
Opportunity 76/100 (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 (73/100).
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-09-30 | 2023-09-30 |
|---|---|---|
| Average employees | 600 | 600 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
Corporate timeline (14 events)Click to expand
- 2025-06-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-05-06📄memorandum-articlesincorporation · MA
- 2025-05-06📄resolutionresolution · RESOLUTIONS
- 2025-05-06📄capital-allotment-sharescapital · SH01
- 2024-06-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-19📄change-person-director-company-with-change-dateofficers · CH01
- 2023-09-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-09-15📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-09-15📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-06-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-06-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-09-16🏢Company incorporatedAs SIMPLE APPROACH LETTING AGENTS LTD
- 2020-09-16➕O'CONNOR, Bernadette Suzanne appointeddirector
- 2020-09-16📄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.
- +Senior director age: Director aged approximately 59 — approaching natural succession window.
- +No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
- 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 |
|---|---|---|---|---|
Mrs Bernadette Suzanne O'Connor Individual · British · DOB 12/1967 · age 59 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 16/09/2020 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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 · Holding company · PH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BRICKDECOR LIMITED→ SC223794 · est 2001 | £160.6k £136.5k–£184.7k | — | £160.6k | — | 24y | 82 | 70y |
| HALLYBURTON ESTATES LIMITED→ SC120222 · est 1989 | — | — | — | — | 36y | 83 | 62y |
| STEWARTS PRODUCE LIMITED→ SC509801 · est 2015 | — | — | — | 516 | 10y | 83 | 66y |
| MACNAUGHTONS LIMITED→ SC246304 · est 2003 | — | — | — | 2 | 23y | 82 | 73y |
| TAYLORS FOOD GROUP LIMITED→ SC335705 · est 2007 | — | — | — | 0 | 18y | 82 | 62y |
| BANDIRRAN ESTATES LIMITED→ SC022067 · est 1942 · no financials extracted | — | — | — | — | 83y | 81 | 72y |
| CAMPHILL CENTRAL SCOTLAND SOCIAL FUND LIMITED→ SC168853 · est 1996 · no financials extracted | — | — | — | — | 29y | 81 | 73y |
| ANNAT POINT (HOLDINGS) LIMITED→ SC522764 · est 2015 | — | — | — | 4 | 10y | 80 | 72y |
| CAMVO 91 LIMITED→ SC259120 · est 2003 | — | — | — | — | 22y | 80 | 69y |
| ARISAIG MARINE (HOLDINGS) LIMITED→ SC767719 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| NORTH SEA FINANCE LIMITED→ SC074074 · est 1981 · no financials extracted | — | — | — | — | 45y | — | — |
| SUCCESSION INVESTMENT GROUP LIMITED→ SC782762 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
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 →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.