READ'S PHARMACY LIMITED
🌳Matureactive
00185402 · ltd · incorporated 1922-10-31
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 Oct 2025
Net worth
—
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueActive trading company with a 83-year-old founder — textbook succession opportunity.
Opportunity 79/100 (strong), bankability 70/100. Strong seller-intent signal (60/100, director aged 83). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
Data confidence
Overall: medium (79/100)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
Confirmed no charges registered
85
Directors & officers
5 officers (2 active, 5 linked, 4 with DOB)
86
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
100 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
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 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 | 200 | 200 |
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
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
- 2026-03-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-10-28📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-02-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-29📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-02-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-03-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-02-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-03-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-12-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-12-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-05-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-02-09📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-11-04📍move-registers-to-sail-company-with-new-addressaddress · AD03
- 2016-11-03📍change-sail-address-company-with-new-addressaddress · AD02
- 2016-03-29📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-03-11➕POULTON, Rosalie appointeddirector
- 2015-10-20➖DOGGETT, Molly Kathleen resignedsecretary
- 2015-03-25➖LEMMON, Adrian Charles resigneddirector
- 1997-08-20➖COLLISHAW, Matilda Campbell resigneddirector
- 1922-10-31🏢Company incorporatedAs READ'S PHARMACY LIMITED
Owner dependency
73/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder age: Director aged approximately 83 — succession pressure is live.
Succession & seller-readiness
81/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 83 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondaryStable-but-static management: Company is 104 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
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 Edward Bryce Collishaw Individual · British · DOB 11/1943 · age 83 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
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 →Similar companies
Active · Property · NR postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AAIQ ASSOCIATES LTD→ 09858924 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| ABBOTTS DEVELOPMENTS LTD→ 13209271 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ABBOTTS PROPERTY INVESTMENTS LTD→ 13573559 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ABHAY PROPERTIES LTD→ 12028144 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ABODE ABILITY LTD→ 15985109 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ACHOR LIMITED→ 04901442 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| ACREAGE PROPERTIES LTD→ 10790309 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ACS (EYE) PROPERTIES LTD→ 15324500 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ACTIF CAPITAL LTD→ 16190210 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ACY PROPERTY MANAGEMENT LIMITED→ 14048604 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| AD HOLDINGS (NORFOLK) LIMITED→ 16398538 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ADASON HOLDINGS LTD→ 16958642 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
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 →🔒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
Incorporated1922-10-31
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
The Old Rectory
Forncett St Peter
Norfolk
NR16 1HY
Filing status
Accounts
Next due: 2027-07-31
Last made up to: 2025-10-31
Confirmation statement
Next due: 2026-11-14
Last: 2025-10-31
Officers (2 active · 3 resigned)
Active
POULTON, Rosalie→
Activedirector · ~78y · appointed 2016-03-11
View their other companies + combined net worth →
DOGGETT, Molly Kathleen→
Resignedsecretary · resigned 2015-10-20
COLLISHAW, Matilda Campbell→
Resigneddirector · ~109y · resigned 1997-08-20
LEMMON, Adrian Charles→
Resigneddirector · ~80y · resigned 2015-03-25
Click a director name to see their full track record across all companies.
Recent filings (100 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-12
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-10-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-10-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-06