3RPM LIMITED
💤Zombieactive
06675831 · ltd · incorporated 2008-08-18
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 Aug 2025
Net worth
£208.0k
book net assets
Opportunity
71/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueStrong opportunity: property-backed borrower with strong profile and acceptable with review structure.
Opportunity 71/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
11 live charges · 5 lenders · oldest 8.6y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 8.6 years old — likely at or near maturity.
- · 5 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (82/100)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
11 charges (11/11 with lender, 11/11 with type)
90
Directors & officers
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
69 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
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.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £208,025
Cash YoY
+38%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£3k
↑ 38% YoY
Net Worth
£208k
↑ 29% YoY
Current Assets
£205k
↑ 10329% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-08-31 | 2024-08-31 |
|---|---|---|
| Total assets | £294.7k | £230.9k |
| Current assets | £204.8k | £2.0k |
| Cash | £2.7k | £2.0k |
| Debtors | £202.1k | — |
| Net assets | £208.0k | £161.4k |
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
1
filing
- • 1 accounts
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 (36 events)Click to expand
- 2026-04-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-07-30📄change-person-director-company-with-change-dateofficers · CH01
- 2025-05-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-01-20📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-01-20📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-01-20📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-01-20📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-10-24➖ARMSTRONG, Mark resigneddirector
- 2024-05-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-11📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-01-11📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-05-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-08-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-02-11📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-02-11📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-02-11📄change-person-director-company-with-change-dateofficers · CH01
- 2022-02-11📄change-person-director-company-with-change-dateofficers · CH01
- 2021-06-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-06-07🔒Charge registered #11Lender: West Bromwich Commercial Limited
- 2021-05-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-12-21📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-12-18🔒Charge registered #10Lender: West Bromwich Commercial Limited
- 2020-09-15🔒Charge registered #9Lender: West Bromwich Commercial Limited
- 2020-05-11🔒Charge registered #8Lender: West Bromwich Commercial Limited
- 2019-11-15🔒Charge registered #7Lender: Aldermore Bank PLC
- 2018-10-26🔒Charge registered #6Lender: Paragon Bank PLC
- 2018-10-09🔒Charge registered #5Lender: Paragon Bank PLC
- 2018-04-13🔒Charge registered #4Lender: Paratus Amc Limited
- 2017-10-30🔒Charge registered #2Lender: Paragon Mortgages (2010) Limited
- 2017-10-19🔒Charge registered #3Lender: Paragon Bank PLC
- 2017-10-19🔒Charge registered #1Lender: Paragon Mortgages (2010) Limited
- 2015-08-01➕ARMSTRONG, Mark appointeddirector
- 2015-08-01➖GRUMMITT, Peter Leslie, Mr. resigneddirector
- 2013-06-25➕ARMSTRONG, Rachel Irene, Mrs. appointeddirector
- 2008-08-18🏢Company incorporatedAs 3RPM LIMITED
- 2008-08-18➕GRUMMITT, Peter Leslie, Mr. appointeddirector
Owner dependency
75/100
High — earn-out structure requiredMaterial 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
68/100
Strong succession signalMultiple 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.
- secondary12+ year tenure: Director in role 13 years.
- secondaryStable-but-static management: Company is 18 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 low11 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Group structure
Gbg Investments Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Gbg Investments Limited
Corporate parent · holds 75-100% shares · board control
⬇
3RPM LIMITED
This company · 06675831
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Gbg Investments Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 24/10/2024 |
2 historic (ceased) PSCs
- Mr Mark Armstrongceased 24/10/2024· 50-75% shares · 50-75% voting · board control
- Mrs. Rachel Irene Armstrongceased 24/10/2024· 50-75% shares · 50-75% voting · board control
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 · DY postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 106 BILSTON STREET LTD→ 14797104 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| 10KC LIMITED→ 13195959 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| 1219 HOUSING LIMITED→ 15120060 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 138 CR LTD→ 14379583 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 20 JAMES ROAD TYSELEY MANAGEMENT COMPANY LIMITED→ 02282355 · est 1988 · no financials extracted | — | — | — | — | 37y | — | — |
| 3A PROPERTY LETTINGS LTD→ 16502204 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 4/5 LOWER MILL STREET LTD→ 14670400 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| 5 STAR PROPERTIES 2021 LIMITED→ 13762764 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 6 LOWER MILL STREET LTD→ 16331462 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 6 STRAND STREET LIMITED→ 17062353 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 68 LOAD STREET LIMITED→ 10711844 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| 7 HIGH HOLBOURNE LTD→ 15127882 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated2008-08-18
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
15 & 17 Church Street
Stourbridge
West Midlands
DY8 1LU
Filing status
Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2027-01-18
Last: 2026-01-04
Officers (1 active · 2 resigned)
ARMSTRONG, Rachel Irene, Mrs.→
Activedirector · ~49y · appointed 2013-06-25
View their other companies + combined net worth →
ARMSTRONG, Mark→
Resigneddirector · ~54y · appointed 2015-08-01 · resigned 2024-10-24
GRUMMITT, Peter Leslie, Mr.→
Resigneddirector · ~82y · appointed 2008-08-18 · resigned 2015-08-01
Click a director name to see their full track record across all companies.
Mortgages & charges
11
Total charges
11
Outstanding
4
Active lenders
Status:Lender:11 of 11 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | West Bromwich Commercial West Bromwich Commercial Limited | A registered charge | 1 property | 07/06/2021 | — | |
| outstanding | West Bromwich Commercial West Bromwich Commercial Limited | A registered charge | 1 property | 18/12/2020 | — | |
| outstanding | West Bromwich Commercial West Bromwich Commercial Limited | A registered charge | 1 property | 15/09/2020 | — | |
| outstanding | West Bromwich Commercial West Bromwich Commercial Limited | A registered charge | 1 property | 11/05/2020 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 15/11/2019 | — | |
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 26/10/2018 | — | |
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 09/10/2018 | — | |
| outstanding | Paratus Amc Paratus Amc Limited | A registered charge | 1 property | 13/04/2018 | — | |
| outstanding | Paragon Paragon Mortgages (2010) Limited | A registered charge | 1 property | 30/10/2017 | — | |
| outstanding | Paragon Paragon Bank PLC / Paragon Mortgages (2010) Limited | A registered charge | — | 19/10/2017 | — | |
| outstanding | Paragon Paragon Mortgages (2010) Limited | A registered charge | 1 property | 19/10/2017 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (69 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-26
change-person-director-company-with-change-date
officers · CH01
2025-07-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-30
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-06
termination-director-company-with-name-termination-date
officers · TM01
2025-01-20
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-01-20
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-01-20
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-01-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-30
confirmation-statement-with-updates
confirmation-statement · CS01
2024-02-01
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-01-11
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-01-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-31
confirmation-statement-with-updates
confirmation-statement · CS01
2023-01-12