12 PENNSYLVANIA ROAD MANAGEMENT COMPANY LIMITED

🌳Matureactive
02330628 · ltd · incorporated 1988-12-22
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
£3.2k
book net assets
Opportunity
79/100
Strong
🔔
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What this business does
Primary activity: Residents property management
Sector: Activities of households
Investor take
Pursue
Asset-holding vehicle with a 83-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 75/100. Strong seller-intent signal (63/100, director aged 83). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

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
Confirmed no charges registered
85
Directors & officers
14 officers (4 active, 14 linked, 7 with DOB)
80
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
107 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
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
85
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £3,166
Net assets shrinking
Down £4,859 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£3k
↓ 61% YoY
Current Assets
£3k
↓ 61% YoY
Current Liabilities
£0£2k£3k£5k£6k£8kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£3.2k£8.0k
Current assets£3.2k£8.0k
Net assets£3.2k£8.0k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
4
filings
  • 2 officers
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (42 events)Click to expand
  1. 2025-11-18
    MARSDEN, Trudy Emily resigned
    director
  2. 2025-11-18
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2025-11-18
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2025-11-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2025-11-17
    KEATING, James Andrew resigned
    director
  6. 2024-11-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2024-05-09
    KEATING, James Andrew appointed
    director
  8. 2024-05-09
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2024-04-30
    STREET, Adrian Edward appointed
    director
  10. 2024-04-30
    WRIGHT, Sabrina Annette appointed
    director
  11. 2024-04-30
    MARSDEN, Trudy Emily appointed
    director
  12. 2024-04-30
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  13. 2024-04-30
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2024-04-30
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2024-04-30
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2023-11-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2023-03-31
    TATE, Alan appointed
    secretary
  18. 2023-03-31
    FARLEY, David resigned
    secretary
  19. 2023-03-31
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  20. 2023-03-31
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  21. 2023-03-31
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  22. 2022-12-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  23. 2022-05-31
    DREW PEARCE 1748 LIMITED resigned
    corporate-secretary
  24. 2022-05-31
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  25. 2022-05-31
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  26. 2022-05-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  27. 2022-04-05
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  28. 2022-03-08
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  29. 2021-04-28
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  30. 2021-01-01
    DREW PEARCE 1748 LIMITED appointed
    corporate-secretary
  31. 2010-12-17
    RICHARDS, Matt appointed
    director
  32. 2010-12-17
    FARLEY, David appointed
    secretary
  33. 2010-12-17
    RICHARDS, Matthew resigned
    secretary
  34. 2010-12-17
    WRIGHT, Sabrina Annette resigned
    director
  35. 2002-04-01
    RICHARDS, Matthew appointed
    secretary
  36. 2002-03-31
    HUTCHINSON, Jane Marie resigned
    secretary
  37. 1999-09-28
    WHEELER, Marlene Elizabeth resigned
    director
  38. 1997-06-20
    HUTCHINSON, Jane Marie appointed
    secretary
  39. 1997-06-20
    REES, Lucy Victoria resigned
    secretary
  40. 1996-10-07
    REES, Lucy Victoria appointed
    secretary
  41. 1996-10-07
    WHEELER, Marlene Elizabeth resigned
    secretary
  42. 1988-12-22
    🏢
    Company incorporated
    As 12 PENNSYLVANIA ROAD MANAGEMENT COMPANY LIMITED

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Long-tenure founder: Senior director has been in place 15 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 83 — succession pressure is live.

Succession & seller-readiness

73/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 83 years old. Natural succession window is now.
  • secondary12+ year tenure: Director in role 15 years.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 med ·
2 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: KEATING, James Andrew resigned 2025-11-17; MARSDEN, Trudy Emily resigned 2025-11-18

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Alan Tate
Individual · British · DOB 01/1960 · age 66
sig. influencesignificant influence31/03/2023
Mr Matt Richards
Individual · British · DOB 10/1969 · age 57
sig. influencesignificant influence06/04/2016
1 historic (ceased) PSC
  • Dr David Brian Farleyceased 30/04/2024· significant influence

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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13260353 · est 2021 · no financials extracted
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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
Incorporated1988-12-22
Jurisdictionengland-wales
Primary SIC98000 — Residents property management

Registered office

3 Chestnut Court
Dawlish Road, Alphington
Exeter
EX2 8XY
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-12-03
Last: 2025-11-19

Officers (4 active · 10 resigned)

TATE, Alan
secretary · appointed 2023-03-31
View their other companies + combined net worth →
Active
RICHARDS, Matt
director · ~57y · appointed 2010-12-17
View their other companies + combined net worth →
Active
STREET, Adrian Edward
director · ~61y · appointed 2024-04-30
View their other companies + combined net worth →
Active
WRIGHT, Sabrina Annette
director · ~83y · appointed 2024-04-30
View their other companies + combined net worth →
Active
FARLEY, David
secretary · appointed 2010-12-17 · resigned 2023-03-31
Resigned
HUTCHINSON, Jane Marie
secretary · appointed 1997-06-20 · resigned 2002-03-31
Resigned
REES, Lucy Victoria
secretary · appointed 1996-10-07 · resigned 1997-06-20
Resigned
RICHARDS, Matthew
secretary · appointed 2002-04-01 · resigned 2010-12-17
Resigned
WHEELER, Marlene Elizabeth
secretary · resigned 1996-10-07
Resigned
DREW PEARCE 1748 LIMITED
corporate-secretary · appointed 2021-01-01 · resigned 2022-05-31
Resigned
KEATING, James Andrew
director · ~47y · appointed 2024-05-09 · resigned 2025-11-17
Resigned
MARSDEN, Trudy Emily
director · ~74y · appointed 2024-04-30 · resigned 2025-11-18
Resigned
WHEELER, Marlene Elizabeth
director · ~66y · resigned 1999-09-28
Resigned
WRIGHT, Sabrina Annette
director · ~83y · resigned 2010-12-17
Resigned

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

Recent filings (107 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-19
termination-director-company-with-name-termination-date
officers · TM01
2025-11-18
termination-director-company-with-name-termination-date
officers · TM01
2025-11-18
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-18
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-22
appoint-person-director-company-with-name-date
officers · AP01
2024-05-09
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-04-30
appoint-person-director-company-with-name-date
officers · AP01
2024-04-30
appoint-person-director-company-with-name-date
officers · AP01
2024-04-30
appoint-person-director-company-with-name-date
officers · AP01
2024-04-30
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-29
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-03-31
appoint-person-secretary-company-with-name-date
officers · AP03
2023-03-31