5 RIVERS HOTELS LIMITED

💤Zombieactive
05049288 · ltd · incorporated 2004-02-19
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
71/100
Strong
🔔
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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 71/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 5 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

7 live charges · 2 lenders · oldest 20.7y

30/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 20.7 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

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
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
9 officers (1 active, 9 linked, 7 with DOB)
86
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
91 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
82
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees1100

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

🔒Filing-note intelligence

2 signals 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
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (41 events)Click to expand
  1. 2026-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-04-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-06-20
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2024-03-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-01-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2023-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-12-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-07-27
    📄
    accounts-amended-with-accounts-type-micro-entity
    accounts · AAMD
  9. 2020-12-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2020-05-06
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  11. 2020-05-05
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  12. 2019-12-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2019-04-23
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2018-12-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2018-12-10
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  16. 2018-12-03
    🔒
    Charge registered #7
    Lender: Barclays Security Trustee Limited
  17. 2017-12-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2017-04-12
    ➕
    KULLAR, Manjit Kaur appointed
    director
  19. 2017-04-12
    ➖
    KULLAR, Sukhjit Singh resigned
    director
  20. 2016-06-01
    ➖
    KULLAR, Jasjit Singh resigned
    director
  21. 2015-01-20
    🔒
    Charge registered #6
    Lender: Barclays Bank PLC
  22. 2014-09-01
    ➖
    KULLAR, Raj resigned
    secretary
  23. 2014-09-01
    ➕
    KULLAR, Jasjit Singh appointed
    director
  24. 2014-09-01
    ➖
    KULLAR, Manjit Kaur resigned
    director
  25. 2014-09-01
    ➖
    KULLAR, Raj resigned
    director
  26. 2014-09-01
    ➕
    KULLAR, Sukhjit Singh appointed
    director
  27. 2009-02-03
    🔒
    Charge registered #5
    Lender: Barclays Bank PLC
  28. 2008-01-15
    🔒
    Charge registered #4
    Lender: Barclays Bank PLC
  29. 2007-12-21
    ➕
    KULLAR, Manjit Kaur appointed
    director
  30. 2007-12-21
    ➖
    SINGH, Tarsem resigned
    director
  31. 2005-11-18
    🔒
    Charge registered #3
    Lender: Barclays Bank PLC
  32. 2005-09-15
    🔒
    Charge registered #2
    Lender: Barclays Bank PLC
  33. 2005-09-15
    🔒
    Charge registered #1
    Lender: Barclays Bank PLC
  34. 2004-05-25
    ➕
    KULLAR, Raj appointed
    secretary
  35. 2004-05-25
    ➖
    POPTANI, Mahmood Sadiq resigned
    secretary
  36. 2004-05-25
    ➖
    BELLAMY, Wayne Thomas resigned
    director
  37. 2004-05-25
    ➕
    KULLAR, Raj appointed
    director
  38. 2004-05-25
    ➕
    SINGH, Tarsem appointed
    director
  39. 2004-02-19
    🏢
    Company incorporated
    As 5 RIVERS HOTELS LIMITED
  40. 2004-02-19
    ➕
    POPTANI, Mahmood Sadiq appointed
    secretary
  41. 2004-02-19
    ➕
    BELLAMY, Wayne Thomas appointed
    director

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
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

55/100
Strong succession signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 22 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 low
7 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Group structure

Jsj Kullars Limited holds 25-50% — a significant corporate investor but not a controlling parent.

🏛️
Jsj Kullars Limited
Corporate parent · holds 25-50% shares
significant stake
⬇
5 RIVERS HOTELS LIMITED
This company · 05049288

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

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Jsj Kullars Limited
Corporate entity
25–50%
—25-50% shares19/02/2017
Mr Rajbir Singh Kullar
Individual · British · DOB 09/1964 · age 62
25–50%
25–50%board control25-50% shares · 25-50% voting · board control19/02/2017
1 historic (ceased) PSC
  • Mr Raj Singh Kullarceased 20/02/2017· 25-50% shares

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

8 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
Incorporated2004-02-19
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

C/O Kilsby Williams Cedar House
Hazell Drive
Newport
NP10 8FY
Wales

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-07-02
Last: 2025-06-18

Officers (1 active · 8 resigned)

KULLAR, Manjit Kaur→
director · ~57y · appointed 2017-04-12
View their other companies + combined net worth →
Active
KULLAR, Raj→
secretary · appointed 2004-05-25 · resigned 2014-09-01
Resigned
POPTANI, Mahmood Sadiq→
secretary · appointed 2004-02-19 · resigned 2004-05-25
Resigned
BELLAMY, Wayne Thomas→
director · ~57y · appointed 2004-02-19 · resigned 2004-05-25
Resigned
KULLAR, Jasjit Singh→
director · ~34y · appointed 2014-09-01 · resigned 2016-06-01
Resigned
KULLAR, Manjit Kaur→
director · ~57y · appointed 2007-12-21 · resigned 2014-09-01
Resigned
KULLAR, Raj→
director · ~62y · appointed 2004-05-25 · resigned 2014-09-01
Resigned
KULLAR, Sukhjit Singh→
director · ~33y · appointed 2014-09-01 · resigned 2017-04-12
Resigned
SINGH, Tarsem→
director · ~67y · appointed 2004-05-25 · resigned 2007-12-21
Resigned

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

Mortgages & charges

7
Total charges
7
Outstanding
1
Active lenders
Status:Lender:7 of 7 shown
TypeProperties
outstanding
Barclays
Barclays Security Trustee Limited
A registered charge—03/12/2018—
outstanding
Barclays
Barclays Bank PLC
A registered charge—20/01/2015—
outstanding
Barclays
Barclays Bank PLC
Guarantee & debenture1 property03/02/2009—
outstanding
Barclays
Barclays Bank PLC
Guarantee & debenture1 property15/01/2008—
outstanding
Barclays
Barclays Bank PLC
Legal charge1 property18/11/2005—
outstanding
Barclays
Barclays Bank PLC
Legal charge1 property15/09/2005—
outstanding
Barclays
Barclays Bank PLC
Debenture1 property15/09/2005—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (91 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-31
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-30
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-06-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-01-17
confirmation-statement-with-updates
confirmation-statement · CS01
2023-07-21
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-31
confirmation-statement-with-updates
confirmation-statement · CS01
2022-07-12
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-23
accounts-amended-with-accounts-type-micro-entity
accounts · AAMD
2021-07-27
confirmation-statement-with-updates
confirmation-statement · CS01
2021-07-20
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-09
confirmation-statement-with-updates
confirmation-statement · CS01
2020-06-18