ARNOLD READ FINANCIAL ASSOCIATES LIMITED

💤Zombieactive
07268482 · ltd · incorporated 2010-05-28
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 May 2025
Net worth
£3.4k
book net assets
Opportunity
77/100
Strong
🔔
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What this business does
Primary activity: Other activities auxiliary to financial services, except insurance and pension funding
Sector: Financial & insurance
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 77/100 (strong), bankability 80/100. 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. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: strategic trade sale (65/100).

🏦

Refinance opportunity

1 live charge · oldest 15.8y

45/100
under pressure

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

  • · Oldest live charge is 15.8 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · 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
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
3 officers (1 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
43 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £3,389

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£3k
↑ 990% YoY
Current Assets
£30k
↓ 58% YoY
Current Liabilities
—
£0£14k£29k£43k£57k£71kMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-05-312024-05-31
Total assets£15.9k£17.2k
Current assets£30.3k£71.3k
Net assets£3.4k£311

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2025-07-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-12-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-02-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-06-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-11-29
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2021-11-29
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2021-11-29
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2021-09-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2021-01-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2020-01-29
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2020-01-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2018-07-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2017-07-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2017-06-26
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  15. 2016-07-12
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2016-06-27
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2013-04-01
    ➖
    WATERS, Rachel resigned
    secretary
  18. 2010-12-09
    ➖
    WATERS, Rachel resigned
    director
  19. 2010-07-16
    🔒
    Charge registered #1
    Lender: Hsbc Bank PLC
  20. 2010-05-28
    🏢
    Company incorporated
    As ARNOLD READ FINANCIAL ASSOCIATES LIMITED
  21. 2010-05-28
    ➕
    WATERS, Andrew John appointed
    director
  22. 2010-05-28
    ➕
    WATERS, Rachel appointed
    secretary
  23. 2010-05-28
    ➕
    WATERS, Rachel appointed
    director

Owner dependency

85/100
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 16 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

68/100
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.
  • secondary12+ year tenure: Director in role 16 years.
  • secondaryStable-but-static management: Company is 16 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Andrew John Waters
Individual · British · DOB 06/1974 · age 52
75–100%
75–100%75-100% shares · 75-100% voting24/06/2016

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 →

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———————
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
Incorporated2010-05-28
Jurisdictionengland-wales
Primary SIC66190 — Other activities auxiliary to financial services, except insurance and pension funding

Registered office

79 Lakeside Rise
Blundeston
Lowestoft
NR32 5BD
England

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-07-08
Last: 2025-06-24

Officers (1 active · 2 resigned)

WATERS, Andrew John→
director · ~52y · appointed 2010-05-28
View their other companies + combined net worth →
Active
WATERS, Rachel→
secretary · appointed 2010-05-28 · resigned 2013-04-01
Resigned
WATERS, Rachel→
director · ~51y · appointed 2010-05-28 · resigned 2010-12-09
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
HSBC
Hsbc Bank PLC
Debenture1 property16/07/2010—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (43 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-24
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-05
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-28
accounts-with-accounts-type-micro-entity
accounts · AA
2022-06-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-11-29
change-person-director-company-with-change-date
officers · CH01
2021-11-29
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-11-29
accounts-with-accounts-type-micro-entity
accounts · AA
2021-09-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-28
accounts-with-accounts-type-micro-entity
accounts · AA
2021-01-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-29