3 RIVERS INVESTMENTS LIMITED

💤Zombieactive

05635294 · ltd · incorporated 2005-11-24

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

£-184.6k

book net assets

Opportunity

78/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Other business support service activities n.e.c.

Sector: Administrative & support services

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

Opportunity 78/100 (strong), bankability 77/100. Strong seller-intent signal (93/100, director aged 83). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

7 live charges · 3 lenders · oldest 19.9y

15/100

under pressure

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

· Oldest live charge is 19.9 years old — likely at or near maturity.
· 3 lenders named — inter-creditor friction likely.
· Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (79/100)

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

Lenders & charges

7 charges (7/7 with lender, 7/7 with type)

Directors & officers

4 officers (2 active, 4 linked, 1 with DOB)

Ownership & PSC

3 active PSC(s) of 4 total, 4 with control declared

Director network

5 connected companies via shared directors

Filing history

73 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

78/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Negative net assets

Liabilities exceed assets by £184,594

Cash YoY

+555%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£308

↑ 555% YoY

Net Worth

-£185k

↑ 4.3% 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	2025-03-31	2024-03-31
Total assets	£-184.6k	£-189.4k
Cash	£308	£47
Net assets	£-184.6k	£-192.9k

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

🔒Filing-note intelligence

1 signal 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

filings

Last 90 days

filings

• 1 confirmation-statement
• 1 address

Last 180 days

filings

• 1 confirmation-statement
• 1 address
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (39 events)Click to expand

2026-02-24
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-12-17
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-04
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-02
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-12-20
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-15
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-28
📄
change-person-director-company-with-change-date
officers · CH01
2022-02-28
📄
change-person-secretary-company-with-change-date
officers · CH03
2021-05-14
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-29
📄
change-account-reference-date-company-current-shortened
accounts · AA01
2020-10-06
📄
mortgage-satisfy-charge-full
mortgage · MR04
2020-10-06
📄
mortgage-satisfy-charge-full
mortgage · MR04
2020-10-06
📄
mortgage-satisfy-charge-full
mortgage · MR04
2020-10-06
📄
mortgage-satisfy-charge-full
mortgage · MR04
2020-10-06
📄
mortgage-satisfy-charge-full
mortgage · MR04
2020-10-06
📄
mortgage-satisfy-charge-full
mortgage · MR04
2020-10-06
🔓
Charge satisfied #6
2020-10-06
🔓
Charge satisfied #5
2020-10-06
🔓
Charge satisfied #4
2020-10-06
🔓
Charge satisfied #3
2020-10-06
🔓
Charge satisfied #2
2020-10-06
🔓
Charge satisfied #1
2020-02-24
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2012-06-22
🔓
Charge satisfied #7
2008-05-13
🔒
Charge registered #7
Lender: Clydesdale Bank PLC
2007-03-28
🔒
Charge registered #6
Lender: Coutts & Company
2007-03-16
🔒
Charge registered #5
Lender: National Westminster Bank PLC
2007-01-29
🔒
Charge registered #4
Lender: Clydesdale Bank PLC
2006-12-20
🔒
Charge registered #3
Lender: National Westminster Bank PLC
2006-09-19
🔒
Charge registered #2
Lender: National Westminster Bank PLC
2006-06-15
🔒
Charge registered #1
Lender: National Westminster Bank PLC
2005-11-24
🏢
Company incorporated
As 3 RIVERS INVESTMENTS LIMITED
2005-11-24
➕
MAGAR, Susan Margaret appointed
secretary
2005-11-24
➕
MAGAR, Leon appointed
director
2005-11-24
➕
WATERLOW SECRETARIES LIMITED appointed
corporate-nominee-secretary
2005-11-24
➖
WATERLOW SECRETARIES LIMITED resigned
corporate-nominee-secretary
2005-11-24
➕
WATERLOW NOMINEES LIMITED appointed
corporate-nominee-director
2005-11-24
➖
WATERLOW NOMINEES 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 20 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 83 — succession pressure is live.

Succession & seller-readiness

100/100

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 83 years old. Natural succession window is now.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
primary20+ year tenure: Director in role 20 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 20 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 med · 1 low

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.

Multiple registered office changes

low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

3 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mr David Philip Magar Individual · British · DOB 03/1971 · age 55	25–50%	—	25-50% shares	11/02/2019
Mr Daniel Jeremy Magar Individual · British · DOB 06/1969 · age 57	25–50%	—	25-50% shares	11/02/2019
Mrs Deborah Elizabeth Burland Individual · British · DOB 09/1967 · age 59	25–50%	—	25-50% shares	11/02/2019

1 historic (ceased) PSC

Mr Leon Magarceased 11/02/2019· 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 →

Similar companies

Active · Trade services · WD postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
08643062 LIMITED→ 08643062 · est 2013 · no financials extracted	—	—	—	—	12y	—	—
1 PALACE COURT MANAGEMENT COMPANY LIMITED→ 10861667 · est 2017 · no financials extracted	—	—	—	—	8y	—	—
1ST CAR IMPORTS LIMITED→ 06606068 · est 2008 · no financials extracted	—	—	—	—	17y	—	—
3SES SECURITY LTD→ 14961660 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
3XRRR LTD→ 13938825 · est 2022 · no financials extracted	—	—	—	—	4y	—	—
5 PALACE COURT MANAGEMENT COMPANY LIMITED→ 10861652 · est 2017 · no financials extracted	—	—	—	—	8y	—	—
60 BROMPTON ROAD MANAGEMENT COMPANY LIMITED→ 06035823 · est 2006 · no financials extracted	—	—	—	—	19y	—	—
60FITNESS LTD→ 15556669 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
64 EDGWARE ROAD LIMITED→ 11605355 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
74-76 JUBILEE ST MANAGEMENT COMPANY LTD→ 13371923 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
7SINSPIERCINGPARLOUR LTD→ 16806496 · est 2025 · no financials extracted	—	—	—	—	—	—	—
8844 LTD→ 14494855 · est 2022 · no financials extracted	—	—	—	—	3y	—	—

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

Incorporated2005-11-24

Jurisdictionengland-wales

Primary SIC82990 — Other business support service activities n.e.c.

Registered office

Langley House

53 Theobald Street

Borehamwood

WD6 4RT

England

Filing status

Accounts

Next due: 2026-12-29

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-03-04

Last: 2026-02-18

Officers (2 active · 2 resigned)

MAGAR, Susan Margaret→

secretary · appointed 2005-11-24

View their other companies + combined net worth →

Active

MAGAR, Leon→

director · ~83y · appointed 2005-11-24

View their other companies + combined net worth →

Active

WATERLOW SECRETARIES LIMITED→

corporate-nominee-secretary · appointed 2005-11-24 · resigned 2005-11-24

Resigned

WATERLOW NOMINEES LIMITED→

corporate-nominee-director · appointed 2005-11-24 · resigned 2005-11-24

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:7 of 7 shown

		Type	Properties
satisfied	Virgin Money Clydesdale Bank PLC	Legal mortgage	1 property	13/05/2008	22/06/2012
satisfied	NatWest Group Coutts & Company	Legal charge	1 property	28/03/2007	06/10/2020
satisfied	National Westminster Bank National Westminster Bank PLC	Legal charge	1 property	16/03/2007	06/10/2020
satisfied	Virgin Money Clydesdale Bank PLC	Legal mortgage	1 property	29/01/2007	06/10/2020
satisfied	National Westminster Bank National Westminster Bank PLC	Legal charge	1 property	20/12/2006	06/10/2020
satisfied	National Westminster Bank National Westminster Bank PLC	Legal charge	1 property	19/09/2006	06/10/2020
satisfied	National Westminster Bank National Westminster Bank PLC	Legal charge	1 property	15/06/2006	06/10/2020

Recent filings (73 total)

confirmation-statement-with-no-updates

confirmation-statement · CS01

2026-02-24

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2026-02-24

accounts-with-accounts-type-total-exemption-full

accounts · AA

2025-12-17

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-02-18

accounts-with-accounts-type-total-exemption-full

accounts · AA

2024-12-04

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2024-07-02

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-02-21

accounts-with-accounts-type-total-exemption-full

accounts · AA

2023-12-20

accounts-with-accounts-type-total-exemption-full

accounts · AA

2023-03-15

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-02-27

accounts-with-accounts-type-total-exemption-full

accounts · AA

2022-03-28

change-person-director-company-with-change-date

officers · CH01

2022-02-28

change-person-secretary-company-with-change-date

officers · CH03

2022-02-28

confirmation-statement-with-no-updates

confirmation-statement · CS01

2022-02-28

accounts-with-accounts-type-total-exemption-full

accounts · AA

2021-05-14