LETHENDY ESTATES LIMITED
🏛️Establishedactive
SC589431 · ltd · incorporated 2018-02-21
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
£17.16M
year to Dec 2023
Net worth
—
book net assets
Opportunity
59/100
Worth a look
What this business does
Primary activity: Activities of head offices
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 59/100 (worth a look), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100).
🏦
Refinance opportunity
10 live charges · 7 lenders · oldest 7.6y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 7.6 years old — likely at or near maturity.
- · 7 lenders named — inter-creditor friction likely.
- · Legal-friction score 48/100 (high).
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
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
10 charges (10/10 with lender, 10/10 with type)
90
Directors & officers
9 officers (2 active, 9 linked, 8 with DOB)
88
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
72 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
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 →Opportunity Score
59/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
50
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
51
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Loss-making
Loss before tax £8,564,749
Turnover YoY
+4%
Year on year
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 | 2023-12-31 | 2022-12-31 |
|---|---|---|
| Turnover | £17.16M | £16.58M |
| Gross profit | £15.59M | £14.73M |
| Operating profit | £-1.82M | £-7.06M |
| Profit before tax | £-8.56M | £-13.13M |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
4 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
2
filings
- • 2 gazette
Last 90 days
8
filings
- • 4 persons-with-significant-control
- • 2 gazette
- • 2 officers
Last 180 days
10
filings
- • 4 persons-with-significant-control
- • 2 gazette
- • 2 officers
Counts from Companies House filing history.
Corporate timeline (61 events)Click to expand
- 2026-04-18📄gazette-filings-brought-up-to-dategazette · DISS40
- 2026-04-07📄gazette-notice-compulsorygazette · GAZ1
- 2026-02-26📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2026-02-13📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-02-13📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2026-02-13📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-02-13📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-02-13📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-02-02➕DEMOSTHENOUS, Sophia appointeddirector
- 2026-02-02➖ZIRIN, Andrey resigneddirector
- 2025-12-12📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-12-12📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-12-12🔓Charge satisfied #10
- 2025-12-12🔓Charge satisfied #9
- 2025-07-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-06-30➖GODDARD, Peter Andrew resigneddirector
- 2025-05-09📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-05-09📄withdrawal-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC09
- 2025-03-05📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-03-05📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-03-05📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-02-28➕GODDARD, Peter Andrew appointeddirector
- 2025-02-28➖NAZAROV, Viacheslav resigneddirector
- 2025-02-28➕ZIRIN, Andrey appointeddirector
- 2025-02-28📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-02-21📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-02-21📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-02-21📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-02-21📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-02-21🔓Charge satisfied #8
- 2025-02-21🔓Charge satisfied #7
- 2025-02-21🔓Charge satisfied #5
- 2025-02-21🔓Charge satisfied #4
- 2025-02-20📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-02-19🔒Charge registered #10Lender: Cohort Capital LTD as Security Agent
- 2025-02-19🔒Charge registered #9Lender: Cohort Capital LTD
- 2024-12-23📄accounts-with-accounts-type-groupaccounts · AA
- 2024-12-23📄accounts-with-accounts-type-groupaccounts · AA
- 2024-11-27🔓Charge satisfied #1
- 2024-07-23🔒Charge registered #8Lender: Situs Asset Management Limited as Security Trustee
- 2023-12-15➖REID, Kevin James resigneddirector
- 2023-03-31🔓Charge satisfied #6
- 2022-11-17🔒Charge registered #7Lender: Situs Asset Management Limited
- 2020-08-11🔓Charge satisfied #3
- 2020-08-11🔓Charge satisfied #2
- 2019-10-09➕REID, Kevin James appointeddirector
- 2019-08-15🔒Charge registered #6Lender: J.P. Morgan Bank Luxembourg S.A.
- 2019-08-01➖SANIKIDZE, Artur resigneddirector
- 2019-06-26🔒Charge registered #5Lender: Situs Asset Management Limited as Security Trustee
- 2019-06-26🔒Charge registered #4Lender: Situs Asset Management Limited as Security Trustee
Showing most recent 50 of 61 events
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
45/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
1 high · 2 med ·Accounts overdue
highStatutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2025-12-30
2 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: GODDARD, Peter Andrew resigned 2025-06-30; ZIRIN, Andrey resigned 2026-02-02
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Andrei Lebedev Individual · Russian · DOB 07/1974 · age 52 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 24/04/2025 |
2 historic (ceased) PSCs
- Sophia Demosthenousceased 02/02/2026· 75-100% voting · board control
- Mr Andrei Lebedevceased 02/02/2026· 75-100% shares · 75-100% voting · board control
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Professional services · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A J R FACILITIES CONSULTANCY LTD→ SC544953 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| A JOB IN KNOCK LIMITED→ SC304240 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| AE ECONOMICS LIMITED→ SC613612 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| AECS GRAY ENGINEERING LTD.→ SC322000 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| AGENTS OF DIGITAL CHANGE LTD→ SC808950 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AKB TAX LIMITED→ SC739779 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ALAN MCRITCHIE LIMITED→ SC314417 · est 2007 · no financials extracted | — | — | — | — | 19y | — | — |
| ALBEX ENGINEERING LIMITED→ SC462862 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| ALDERTOOLS LTD→ SC773868 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ALETHEON LTD→ SC862777 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ALEX HUTCHEON AND COMPANY LIMITED→ SC713377 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ALEXANDER WATT LIMITED→ SC241941 · est 2003 · no financials extracted | — | — | — | — | 23y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
11 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
Incorporated2018-02-21
Jurisdictionscotland
Primary SIC70100 — Activities of head offices
Registered office
5 Carden Place
Aberdeen
AB10 1UT
Scotland
Filing status
Accounts
Next due: 2025-12-30OVERDUE
Last made up to: 2023-12-31
Confirmation statement
Next due: 2026-05-29
Last: 2025-05-15
Officers (2 active · 7 resigned)
INFINITY SECRETARIES LIMITED→
Activecorporate-secretary · appointed 2018-02-21
View their other companies + combined net worth →
DEMOSTHENOUS, Sophia→
Activedirector · ~44y · appointed 2026-02-02
View their other companies + combined net worth →
COWIE, Simon Henry Dyer→
Resigneddirector · ~53y · appointed 2018-02-21 · resigned 2018-03-14
GODDARD, Peter Andrew→
Resigneddirector · ~62y · appointed 2025-02-28 · resigned 2025-06-30
MINTS, Dmitry→
Resigneddirector · ~45y · appointed 2018-03-14 · resigned 2019-02-20
NAZAROV, Viacheslav→
Resigneddirector · ~48y · appointed 2019-02-20 · resigned 2025-02-28
REID, Kevin James→
Resigneddirector · ~55y · appointed 2019-10-09 · resigned 2023-12-15
SANIKIDZE, Artur→
Resigneddirector · ~39y · appointed 2019-02-20 · resigned 2019-08-01
ZIRIN, Andrey→
Resigneddirector · ~39y · appointed 2025-02-28 · resigned 2026-02-02
Click a director name to see their full track record across all companies.
Mortgages & charges
10
Total charges
0
Outstanding
0
Active lenders
Status:Lender:10 of 10 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Cohort Capital as Security Agent Cohort Capital LTD as Security Agent | A registered charge | 1 property | 19/02/2025 | 12/12/2025 | |
| satisfied | Cohort Capital Cohort Capital LTD | A registered charge | — | 19/02/2025 | 12/12/2025 | |
| satisfied | Situs Asset Management as Security Trustee Situs Asset Management Limited as Security Trustee | A registered charge | — | 23/07/2024 | 21/02/2025 | |
| satisfied | Situs Asset Management Situs Asset Management Limited | A registered charge | 1 property | 17/11/2022 | 21/02/2025 | |
| satisfied | J.P. Morgan Bank Luxembourg S.A. | A registered charge | — | 15/08/2019 | 31/03/2023 | |
| satisfied | Situs Asset Management as Security Trustee Situs Asset Management Limited as Security Trustee | A registered charge | — | 26/06/2019 | 21/02/2025 | |
| satisfied | Situs Asset Management as Security Trustee Situs Asset Management Limited as Security Trustee | A registered charge | — | 26/06/2019 | 21/02/2025 | |
| satisfied | London and Regional Properties London and Regional Properties Limited | A registered charge | — | 18/10/2018 | 11/08/2020 | |
| satisfied | London and Regional Properties London and Regional Properties Limited | A registered charge | — | 18/10/2018 | 11/08/2020 | |
| satisfied | Metro Bank Metro Bank PLC | A registered charge | — | 19/09/2018 | 27/11/2024 |
Recent filings (72 total)
gazette-filings-brought-up-to-date
gazette · DISS40
2026-04-18
gazette-notice-compulsory
gazette · GAZ1
2026-04-07
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-02-26
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-02-13
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-02-13
appoint-person-director-company-with-name-date
officers · AP01
2026-02-13
termination-director-company-with-name-termination-date
officers · TM01
2026-02-13
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-02-13
mortgage-satisfy-charge-full
mortgage · MR04
2025-12-12
mortgage-satisfy-charge-full
mortgage · MR04
2025-12-12
termination-director-company-with-name-termination-date
officers · TM01
2025-07-01
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-15
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-05-09
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2025-05-09
appoint-person-director-company-with-name-date
officers · AP01
2025-03-05