OPEN HOUSE READING CENTRAL LTD

💤Zombieactive
07437271 · ltd · incorporated 2010-11-11
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
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Turnover
year to Nov 2024
Net worth
£500
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: Real estate agencies
Sector: Real estate
Investor take
Pursue
Asset-holding vehicle with a 63-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 63). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

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
Confirmed no charges registered
85
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
35 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
80/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £500

Key financials

2 years extracted from filed iXBRL accounts
Cash
£6k
Net Worth
£500
↑ 594% YoY
Current Assets
£6k
↑ 68% YoY
Current Liabilities
£0£1k£2k£3k£4k£6kNov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-11-302023-11-30
Total assets£500£672
Current assets£5.6k£3.3k
Cash£5.6k
Net assets£500£72

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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2025-08-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-06-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-08-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-10-20
    SUBEDI, Rajesh resigned
    director
  5. 2022-10-20
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2022-10-20
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  7. 2022-10-20
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2022-08-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2021-09-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2020-08-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2019-08-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2018-08-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2017-08-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2016-08-25
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2015-11-24
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2015-08-12
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2010-11-11
    🏢
    Company incorporated
    As OPEN HOUSE READING CENTRAL LTD
  18. 2010-11-11
    SHRESTHA, Shant Bahadur, Mr. appointed
    director
  19. 2010-11-11
    SUBEDI, Rajesh appointed
    director

Owner dependency

93/100
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.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

88/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
  • 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 Shant Shreshta
Individual · British · DOB 03/1963 · age 63
75100%
75–100%board control75-100% shares · 75-100% voting · board control07/04/2016
1 historic (ceased) PSC
  • Mr Rajesh Subediceased 20/10/2022· 50-75% shares · 50-75% voting

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
Incorporated2010-11-11
Jurisdictionengland-wales
Primary SIC68310 — Real estate agencies

Registered office

23 Filey Road
Reading
Berkshire
RG31 3QG

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-10-04
Last: 2025-09-20

Officers (1 active · 1 resigned)

SHRESTHA, Shant Bahadur, Mr.
director · ~63y · appointed 2010-11-11
View their other companies + combined net worth →
Active
SUBEDI, Rajesh
director · ~54y · appointed 2010-11-11 · resigned 2022-10-20
Resigned

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

Recent filings (35 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-20
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-20
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-23
confirmation-statement-with-updates
confirmation-statement · CS01
2022-10-20
termination-director-company-with-name-termination-date
officers · TM01
2022-10-20
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-10-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-10-20
accounts-with-accounts-type-micro-entity
accounts · AA
2022-08-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-09
accounts-with-accounts-type-micro-entity
accounts · AA
2021-09-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-06
accounts-with-accounts-type-micro-entity
accounts · AA
2020-08-25