REEFBRIDGE LIMITED
💤Zombieactive
02503789 · ltd · incorporated 1990-05-21
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
What changed my view
Last 30 days
No material changes in the last 30 days.
Last 90 days
No snapshot from 90 days ago — start tracking from today.
Last 180 days
No snapshot from 180 days ago — start tracking from today.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to May 2025
Net worth
£11.5k
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueAsset-holding vehicle with a 63-year-old founder — textbook succession opportunity.
Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 63). 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 (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
7 officers (1 active, 7 linked, 5 with DOB)
84
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
104 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
80/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £11,471
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£11k
~ YoY
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-05-31 | 2024-05-31 |
|---|---|---|
| Total assets | £95.0k | £95.0k |
| Net assets | £11.5k | £11.5k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
1
filing
- • 1 confirmation-statement
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
3
filings
- • 1 confirmation-statement
- • 1 accounts
- • 1 officers
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
- 2026-02-26➖GODFREY, Dan Frederick resignedsecretary
- 2026-02-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2026-02-26📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2025-03-03📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-07-08➖GODFREY, Dan Frederick resigneddirector
- 2024-07-08➖STEWART, Pauline resigneddirector
- 2024-07-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-07-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-02-14📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-02-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-02-28📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-03-03📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-02-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-02-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-07-28📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-02-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2016-08-31📄gazette-filings-brought-up-to-dategazette · DISS40
- 2016-08-30📄gazette-notice-compulsorygazette · GAZ1
- 2003-07-01➕STEWART, Pauline appointeddirector
- 2000-11-16➕GODFREY, David Haydn appointeddirector
- 2000-11-16➖COLES, John Robert resignedsecretary
- 2000-11-16➕GODFREY, Dan Frederick appointedsecretary
- 2000-11-16➖COLES, John Robert resigneddirector
- 2000-11-16➕GODFREY, Dan Frederick appointeddirector
- 2000-11-16➖SALMON, Colin Albert resigneddirector
- 1990-05-21🏢Company incorporatedAs REEFBRIDGE LIMITED
Owner dependency
93/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 26 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 63 — approaching natural succession window.
Succession & seller-readiness
95/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 26 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 36 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 David Haydn Godfrey Individual · British · DOB 11/1963 · age 63 | 75–100% | — | 75-100% shares | 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 · NG postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 8486 HIGH GOSPORT (FREEHOLDCO) LIMITED→ 16676187 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| A.C.GILL,LIMITED→ 00140912 · est 1915 · no financials extracted | — | — | — | — | 110y | — | — |
| AAINA LIMITED→ 14948424 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ABBEY ESTATES (RAVENSHEAD) LIMITED→ 16510765 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ABBEY HOLDINGS (RAVENSHEAD) LIMITED→ 17023215 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ABBEY ROAD PROPERTIES (BEESTON) LIMITED→ 14486883 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ABBEYFIELD ESTATES LIMITED→ 05111481 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| ABHAY BRAR DEVELOPMENTS LIMITED→ 07735661 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| ABRAR SATTAR ASSOCIATES LTD→ 16104869 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ABSOLUTE ONE REALTY LIMITED→ 14535517 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ABSOLUTE PROPERTY & LETTINGS LTD→ 16364640 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ABT PROPERTY (NEWARK) LIMITED→ 16591332 · est 2025 · 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
Incorporated1990-05-21
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
Navigation House Business Centre
Mill Gate
Newark
Nottinghamshire
NG24 4TS
Filing status
Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2027-06-14
Last: 2026-05-31
Officers (1 active · 6 resigned)
GODFREY, David Haydn→
Activedirector · ~63y · appointed 2000-11-16
View their other companies + combined net worth →
COLES, John Robert→
Resignedsecretary · resigned 2000-11-16
GODFREY, Dan Frederick→
Resignedsecretary · appointed 2000-11-16 · resigned 2026-02-26
COLES, John Robert→
Resigneddirector · ~80y · resigned 2000-11-16
GODFREY, Dan Frederick→
Resigneddirector · ~90y · appointed 2000-11-16 · resigned 2024-07-08
SALMON, Colin Albert→
Resigneddirector · ~76y · resigned 2000-11-16
STEWART, Pauline→
Resigneddirector · ~83y · appointed 2003-07-01 · resigned 2024-07-08
Click a director name to see their full track record across all companies.
Recent filings (104 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-07-01
accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-26
termination-secretary-company-with-name-termination-date
officers · TM02
2026-02-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-09
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-03
termination-director-company-with-name-termination-date
officers · TM01
2024-07-08
termination-director-company-with-name-termination-date
officers · TM01
2024-07-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-12
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-14
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-19
accounts-with-accounts-type-dormant
accounts · AA
2022-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-16
accounts-with-accounts-type-dormant
accounts · AA
2021-03-03