UPP (READING) LIMITED

🌳Matureactive
03903661 · ltd · incorporated 2000-01-10
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
72/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Strong opportunity: property-backed borrower with strong profile and acceptable with review structure.

Opportunity 72/100 (strong), bankability 57/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 10 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

14 live charges · 10 lenders · oldest 26.2y

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 26.2 years old — likely at or near maturity.
  • · 10 lenders named — inter-creditor friction likely.
  • · Legal-friction score 45/100 (high).

Data confidence

Overall: medium (61/100)

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
No iXBRL financials extracted
0
Lenders & charges
14 charges (14/14 with lender, 14/14 with type)
90
Directors & officers
29 officers (2 active, 29 linked, 23 with DOB)
86
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
13 connected companies via shared directors
84
Filing history
190 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • • 1 accounts
Last 180 days
2
filings
  • • 1 accounts
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (98 events)Click to expand
  1. 2026-03-15
    📄
    accounts-with-accounts-type-full
    accounts · AA
  2. 2025-02-10
    📄
    accounts-with-accounts-type-full
    accounts · AA
  3. 2024-04-27
    📄
    accounts-with-accounts-type-full
    accounts · AA
  4. 2023-05-24
    📄
    accounts-with-accounts-type-full
    accounts · AA
  5. 2022-10-13
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2022-10-03
    ➕
    BAMFORD, Mark Christopher appointed
    director
  7. 2022-05-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2022-05-11
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2022-04-29
    ➕
    BOORNE, Simon Anthony appointed
    director
  10. 2022-04-29
    ➖
    GERVAISE-JONES, Henry Barnaby resigned
    director
  11. 2022-02-14
    📄
    accounts-with-accounts-type-full
    accounts · AA
  12. 2021-05-25
    📄
    accounts-with-accounts-type-full
    accounts · AA
  13. 2020-11-16
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  14. 2020-11-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2020-02-19
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2020-02-14
    📄
    accounts-with-accounts-type-full
    accounts · AA
  17. 2020-01-31
    ➖
    BIENFAIT, Richard Antoine resigned
    director
  18. 2019-08-02
    📄
    second-filing-of-director-termination-with-name
    officers · RP04TM01
  19. 2019-02-20
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  20. 2019-02-20
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  21. 2019-01-31
    ➖
    BENKEL, Julian Christopher William resigned
    secretary
  22. 2019-01-31
    ➖
    BENKEL, Julian Christopher William resigned
    director
  23. 2019-01-29
    📄
    accounts-with-accounts-type-full
    accounts · AA
  24. 2019-01-01
    ➕
    BIENFAIT, Richard Antoine appointed
    director
  25. 2019-01-01
    ➕
    GERVAISE-JONES, Henry Barnaby appointed
    director
  26. 2018-12-31
    ➖
    BAILEY-WATTS, Robin Samuel resigned
    director
  27. 2018-12-31
    ➖
    O'SHEA, Sean resigned
    director
  28. 2017-03-01
    ➖
    SAVAGE, David Charles Lambert resigned
    director
  29. 2016-05-10
    ➖
    BEHR, Gabriel Simon resigned
    director
  30. 2014-04-01
    ➕
    BAILEY-WATTS, Robin Samuel appointed
    director
  31. 2012-12-20
    ➕
    O'SHEA, Sean appointed
    director
  32. 2012-12-12
    ➕
    SAVAGE, David Charles Lambert appointed
    director
  33. 2012-09-13
    ➖
    CLAPP, Andrew David resigned
    director
  34. 2012-09-12
    ➖
    MCCLATCHEY, Robert Sean resigned
    director
  35. 2012-04-18
    🔓
    Charge satisfied #10
  36. 2012-04-18
    🔓
    Charge satisfied #9
  37. 2012-04-18
    🔓
    Charge satisfied #8
  38. 2011-12-21
    🔒
    Charge registered #14
    Lender: Aviva Commercial Finance Limited
  39. 2011-12-21
    🔒
    Charge registered #13
    Lender: Aviva Commercial Finance Limited (The Security Trustee)
  40. 2011-12-21
    🔒
    Charge registered #12
    Lender: Aviva Commercial Finance Limited (As Security Trustee)
  41. 2011-12-21
    🔒
    Charge registered #11
    Lender: Aviva Commercial Finance Limited (As Security Trustee)
  42. 2011-10-31
    🔓
    Charge satisfied #7
  43. 2011-10-31
    🔓
    Charge satisfied #6
  44. 2011-10-31
    🔓
    Charge satisfied #5
  45. 2011-06-17
    ➕
    MCCLATCHEY, Robert Sean appointed
    director
  46. 2011-02-18
    ➖
    ALLEN, Mark resigned
    director
  47. 2011-02-18
    ➕
    BENKEL, Julian Christopher William appointed
    director
  48. 2011-02-18
    ➕
    CLAPP, Andrew David appointed
    director
  49. 2008-11-11
    🔒
    Charge registered #10
    Lender: Upp Group Limited (Initial Noteholder)
  50. 2008-11-11
    🔒
    Charge registered #9
    Lender: Barclays Bank PLC, as Security Trustee for the Secured Parties
Showing most recent 50 of 98 events

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

46/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondaryStable-but-static management: Company is 26 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Upp (Reading I) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Upp (Reading I) Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
UPP (READING) LIMITED
This company · 03903661

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Upp (Reading I) Limited
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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 · EC postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
1 LANDCROFT ROAD LIMITED→
10850937 · est 2017 · no financials extracted
————8y——
1 RESIDENTIAL LIMITED→
08862193 · est 2014 · no financials extracted
————12y——
14 OPL LTD→
16585380 · est 2025 · no financials extracted
———————
14/15 EGERTON GARDENS FREEHOLD LIMITED→
07989744 · est 2012 · no financials extracted
————14y——
16 CLARE ST MANAGEMENT LTD→
15146895 · est 2023 · no financials extracted
————2y——
19 ST. MARTINES WAY LLC LIMITED→
16146789 · est 2024 · no financials extracted
————1y——
1983 PROPERTIES LTD→
16212731 · est 2025 · no financials extracted
————1y——
1ST STAY LTD→
15875459 · est 2024 · no financials extracted
————1y——
1ST VINE LTD→
14475709 · est 2022 · no financials extracted
————3y——
20 NR LTD→
13744026 · est 2021 · no financials extracted
————4y——
20 WINE STREET LTD→
16035703 · est 2024 · no financials extracted
————1y——
20022 LTD→
13976587 · est 2022 · no financials extracted
————4y——
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
Incorporated2000-01-10
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

First Floor
12 Arthur Street
London
EC4R 9AB
England

Filing status

Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2027-01-24
Last: 2026-01-10

Officers (2 active · 27 resigned)

BAMFORD, Mark Christopher→
director · ~51y · appointed 2022-10-03
View their other companies + combined net worth →
Active
BOORNE, Simon Anthony→
director · ~41y · appointed 2022-04-29
View their other companies + combined net worth →
Active
BENKEL, Julian Christopher William→
secretary · appointed 2005-05-04 · resigned 2019-01-31
Resigned
EXCELLET INVESTMENTS LIMITED→
corporate-secretary · appointed 2000-01-12 · resigned 2000-02-10
Resigned
HALLMARK SECRETARIES LIMITED→
corporate-nominee-secretary · appointed 2000-01-10 · resigned 2000-01-12
Resigned
SECRETARIAT SERVICES LIMITED→
corporate-secretary · appointed 2000-02-10 · resigned 2005-01-04
Resigned
ALLEN, Mark→
director · ~64y · appointed 2008-07-21 · resigned 2011-02-18
Resigned
BAILEY-WATTS, Robin Samuel→
director · ~56y · appointed 2014-04-01 · resigned 2018-12-31
Resigned
BEHR, Gabriel Simon→
director · ~53y · appointed 2008-10-15 · resigned 2016-05-10
Resigned
BENKEL, Julian Christopher William→
director · ~64y · appointed 2011-02-18 · resigned 2019-01-31
Resigned
BENKEL, Julian Christopher William→
director · ~64y · appointed 2008-04-15 · resigned 2008-10-15
Resigned
BIENFAIT, Richard Antoine→
director · ~59y · appointed 2019-01-01 · resigned 2020-01-31
Resigned
BIRCH, Alan Edward→
director · ~56y · appointed 2003-07-02 · resigned 2004-06-15
Resigned
CLAPP, Andrew David→
director · ~51y · appointed 2011-02-18 · resigned 2012-09-13
Resigned
CRAWFORD, Clive Wilson→
director · ~83y · appointed 2000-02-10 · resigned 2008-10-15
Resigned
ELLIOTT, Christopher James→
director · ~76y · appointed 2000-03-02 · resigned 2003-12-02
Resigned
GERVAISE-JONES, Henry Barnaby→
director · ~46y · appointed 2019-01-01 · resigned 2022-04-29
Resigned
JOHNSON, Robert Nigel→
director · ~68y · appointed 2004-02-11 · resigned 2004-06-15
Resigned
LAFFERTY, Henry→
director · ~73y · appointed 2001-03-13 · resigned 2001-08-02
Resigned
MAY, Andrew John→
director · ~55y · appointed 2008-04-15 · resigned 2008-10-15
Resigned

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

Mortgages & charges

14
Total charges
4
Outstanding
3
Active lenders
Status:Lender:14 of 14 shown
TypeProperties
outstanding
Aviva Commercial Finance
Aviva Commercial Finance Limited
Deed of assignment1 property21/12/2011—
outstanding
Aviva Commercial Finance (The Security Trustee)
Aviva Commercial Finance Limited (The Security Trustee)
Mortgage debenture1 property21/12/2011—
outstanding
Aviva Commercial Finance (As Security Trustee)
Aviva Commercial Finance Limited (As Security Trustee)
Mortgage1 property21/12/2011—
outstanding
Aviva Commercial Finance (As Security Trustee)
Aviva Commercial Finance Limited (As Security Trustee)
Mortgage1 property21/12/2011—
satisfied
Upp Group (Initial Noteholder)
Upp Group Limited (Initial Noteholder)
Second ranking debenture1 property11/11/200818/04/2012
satisfied
Barclays
Barclays Bank PLC, as Security Trustee for the Secured Parties
Mortgage1 property11/11/200818/04/2012
satisfied
Barclays
Barclays Bank PLC as Security Trustee for the Secured Party
Debenture1 property11/11/200818/04/2012
satisfied
Dexia Management Services (As Security Trustee for the Secured Parties)
Dexia Management Services Limited (As Security Trustee for the Secured Parties)
Debenture1 property17/04/200831/10/2011
satisfied
Dexia Management Services (As Security Trustee for the Secured Parties)
Dexia Management Services Limited (As Security Trustee for the Secured Parties)
Mortgage1 property17/04/200831/10/2011
satisfied
Barclays
Barclays Bank PLC,as Security Trustee for the Beneficiaries
Debenture1 property03/05/200231/10/2011
satisfied
Barclays
Barclays Bank PLC
Supplemental fixed charge1 property28/02/200225/06/2002
satisfied
Barclays
Barclays Bank PLC (The "Security Trustee")
Legal charge1 property03/03/200025/06/2002
satisfied
Barclays
Barclays Bank PLC
Lightweight floating charge1 property03/03/200025/06/2002
satisfied
Barclays
Barclays Bank PLC
Assignment and fixed charge1 property03/03/200025/06/2002
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (190 total)

accounts-with-accounts-type-full
accounts · AA
2026-03-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-20
accounts-with-accounts-type-full
accounts · AA
2025-02-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-14
accounts-with-accounts-type-full
accounts · AA
2024-04-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-24
accounts-with-accounts-type-full
accounts · AA
2023-05-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-17
appoint-person-director-company-with-name-date
officers · AP01
2022-10-13
termination-director-company-with-name-termination-date
officers · TM01
2022-05-12
appoint-person-director-company-with-name-date
officers · AP01
2022-05-11
accounts-with-accounts-type-full
accounts · AA
2022-02-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-10
accounts-with-accounts-type-full
accounts · AA
2021-05-25