Leo Textiles Limited
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Off-Market Succession & Retirement Thesis
Person with significant control (50%+), aged 65-69; no manager under 45 on record; 45 yrs old; 13% net margin; revenue GBP 26.6M; equity GBP 16.0M (78% of assets)
🛡️ Statutory Check: Companies House: active; 1 outstanding charge(s)
Financial & Operating Profile
Revenue (filed accounts)
>€25M (€31.5M)🔒 Pro
Accounts to 30 June 2025 · full
Net Margin
14.8%🔒 Pro
Equity
€850k🔒 Pro
Operating History
45 years since incorporation
Workforce
62 employees (average, per accounts)
Succession & Statutory Governance
Country & Jurisdiction
🇬🇧 United Kingdom
Region
Barnstaple, Devon
Sector
Manufacturing
Statutory Management
Person with significant control (50%+)
Founder / Owner Demographics
Age 65-69
Registries publish month/year of birth only
Board Succession Gap
🚫 No manager under 45 on record
National Register ID
01553406
Succession Acquisition & Deal Playbook
Off-market transition opportunity: the registry lists the controlling owner as aged 65-69 and no manager under 45 on record. Relevant to search funds, bolt-on acquirers and small-cap private equity. The points below only appear where the filed data supports them:
🎯 Direct approach
Approach the owner directly via the registry record before any broker mandate
📈 Profitable in latest accounts
Net income £3.36M (12.6% margin)
🛡️ Registry status check
Companies House: active; 1 outstanding charge(s)