READING TELEVISION LIMITED

⚰️Wound downdissolved
04570403 · ltd · incorporated 2002-10-23
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
63/100
Worth a look
🔔
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What this business does
Primary activity: SIC 9220
Sector: Arts, entertainment & recreation
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 63/100 (worth a look), bankability 70/100. Strong seller-intent signal (78/100, director aged 72). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: low (50/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
7 officers (2 active, 7 linked, 3 with DOB)
79
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
10 connected companies via shared directors
75
Filing history
36 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
63/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (39 events)Click to expand
  1. 2010-01-12
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2010-01-12
    🏁
    Company dissolved
  3. 2009-09-29
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2009-09-18
    📄
    legacy
    dissolution · 652a
  5. 2009-04-01
    📄
    accounts-with-made-up-date
    accounts · AA
  6. 2009-02-13
    📄
    legacy
    officers · 288a
  7. 2009-02-02
    📄
    legacy
    officers · 288b
  8. 2009-02-01
    URQUHART, Graham Kenneth appointed
    secretary
  9. 2009-01-31
    EUSTACE, Timothy resigned
    secretary
  10. 2009-01-16
    📍
    legacy
    address · 287
  11. 2008-10-28
    📄
    legacy
    annual-return · 363a
  12. 2008-08-05
    📄
    accounts-with-made-up-date
    accounts · AA
  13. 2008-04-08
    📄
    legacy
    officers · 288a
  14. 2008-04-07
    📄
    legacy
    officers · 288b
  15. 2008-04-04
    SANDERSON, John Frederick Waley appointed
    director
  16. 2008-03-06
    CRAIG, Andrew Timms resigned
    director
  17. 2007-10-29
    📄
    legacy
    annual-return · 363a
  18. 2007-05-23
    📍
    legacy
    address · 287
  19. 2007-05-17
    📄
    accounts-with-made-up-date
    accounts · AA
  20. 2007-02-05
    📍
    legacy
    address · 287
  21. 2007-02-05
    📄
    legacy
    officers · 288b
  22. 2006-10-24
    📄
    legacy
    annual-return · 363a
  23. 2006-03-14
    📄
    accounts-with-made-up-date
    accounts · AA
  24. 2006-01-31
    BLACKWELL, Julian resigned
    director
  25. 2005-10-24
    📄
    legacy
    annual-return · 363a
  26. 2005-03-23
    📄
    accounts-with-made-up-date
    accounts · AA
  27. 2004-10-29
    📄
    legacy
    annual-return · 363a
  28. 2004-03-25
    📄
    accounts-with-made-up-date
    accounts · AA
  29. 2003-11-07
    📄
    legacy
    annual-return · 363a
  30. 2003-07-25
    📍
    legacy
    address · 287
  31. 2003-01-29
    📄
    legacy
    officers · 288a
  32. 2003-01-13
    BLACKWELL, Julian appointed
    director
  33. 2002-10-23
    🏢
    Company incorporated
    As READING TELEVISION LIMITED
  34. 2002-10-23
    EUSTACE, Timothy appointed
    secretary
  35. 2002-10-23
    EXCHEQUER SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  36. 2002-10-23
    EXCHEQUER SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  37. 2002-10-23
    CRAIG, Andrew Timms appointed
    director
  38. 2002-10-23
    EXCHEQUER DIRECTORS LIMITED appointed
    corporate-nominee-director
  39. 2002-10-23
    EXCHEQUER DIRECTORS LIMITED resigned
    corporate-nominee-director

Owner dependency

100/100
Critical — business is the founder

The 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 18 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 72 — succession pressure is live.

Succession & seller-readiness

98/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 72 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 18 years.
  • secondaryStable-but-static management: Company is 24 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

1 high ·
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2010-01-12

🔒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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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 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.

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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.

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Company details

Statusdissolved
Typeltd
Incorporated2002-10-23
Jurisdictionengland-wales
Primary SIC9220 — SIC 9220

Registered office

1st Floor
2 Royal Exchange Steps The Royal Exchange
London
EC3V 3DG

Filing status

Accounts
Next due:
Last made up to: 2008-09-30
Confirmation statement
Next due:
Last:

Officers (0 active · 5 resigned)

URQUHART, Graham Kenneth
secretary · appointed 2009-02-01
View their other companies + combined net worth →
Active
SANDERSON, John Frederick Waley
director · ~72y · appointed 2008-04-04
View their other companies + combined net worth →
Active
EUSTACE, Timothy
secretary · appointed 2002-10-23 · resigned 2009-01-31
Resigned
EXCHEQUER SECRETARIES LIMITED
corporate-nominee-secretary · appointed 2002-10-23 · resigned 2002-10-23
Resigned
BLACKWELL, Julian
director · ~97y · appointed 2003-01-13 · resigned 2006-01-31
Resigned
CRAIG, Andrew Timms
director · ~72y · appointed 2002-10-23 · resigned 2008-03-06
Resigned
EXCHEQUER DIRECTORS LIMITED
corporate-nominee-director · appointed 2002-10-23 · resigned 2002-10-23
Resigned

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

Recent filings (36 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2010-01-12
gazette-notice-voluntary
gazette · GAZ1(A)
2009-09-29
legacy
dissolution · 652a
2009-09-18
accounts-with-made-up-date
accounts · AA
2009-04-01
legacy
officers · 288a
2009-02-13
legacy
officers · 288b
2009-02-02
legacy
address · 287
2009-01-16
legacy
annual-return · 363a
2008-10-28
accounts-with-made-up-date
accounts · AA
2008-08-05
legacy
officers · 288a
2008-04-08
legacy
officers · 288b
2008-04-07
legacy
annual-return · 363a
2007-10-29
legacy
address · 287
2007-05-23
accounts-with-made-up-date
accounts · AA
2007-05-17
legacy
address · 287
2007-02-05