UPP (READING I) LIMITED

🌳Matureactive
07637481 · ltd · incorporated 2011-05-17
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
70/100
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 70/100 (strong), bankability 57/100. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: refinance and hold (40/100).

🏦

Refinance opportunity

27 live charges · 4 lenders · oldest 14.4y

25/100
too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

  • · Oldest live charge is 14.4 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Legal-friction score 53/100 (high).

Data confidence

Overall: medium (62/100)

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
No iXBRL financials extracted
0
Lenders & charges
27 charges (27/27 with lender, 27/27 with type)
90
Directors & officers
26 officers (5 active, 26 linked, 25 with DOB)
89
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
24 connected companies via shared directors
90
Filing history
113 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
82
Few red flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
1
filing
  • 1 confirmation-statement
Last 90 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Last 180 days
3
filings
  • 1 confirmation-statement
  • 1 accounts
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (95 events)Click to expand
  1. 2026-03-15
    📄
    accounts-with-accounts-type-full
    accounts · AA
  2. 2025-12-04
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  3. 2025-12-01
    CASSELDEN, Andrew Ross appointed
    director
  4. 2025-09-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2025-09-14
    FURNEAUX, Clare Louise resigned
    director
  6. 2025-02-10
    📄
    accounts-with-accounts-type-full
    accounts · AA
  7. 2025-01-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2025-01-11
    HENDERSON, Karen resigned
    director
  9. 2024-04-27
    📄
    accounts-with-accounts-type-full
    accounts · AA
  10. 2023-07-26
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2023-07-25
    SUTCH, Billy Steven resigned
    director
  12. 2023-04-15
    📄
    accounts-with-accounts-type-full
    accounts · AA
  13. 2022-10-13
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2022-10-03
    BAMFORD, Mark Christopher appointed
    director
  15. 2022-05-13
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2022-05-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2022-04-29
    BOORNE, Simon Anthony appointed
    director
  18. 2022-04-29
    GERVAISE-JONES, Henry Barnaby resigned
    director
  19. 2022-03-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  20. 2022-03-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  21. 2022-02-28
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  22. 2022-02-28
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  23. 2022-02-16
    BURTON, Matthew John appointed
    director
  24. 2022-02-16
    SUTCH, Billy Steven appointed
    director
  25. 2022-02-14
    📄
    accounts-with-accounts-type-full
    accounts · AA
  26. 2022-02-08
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  27. 2022-02-02
    SWINDLEHURST, Mark resigned
    director
  28. 2022-01-19
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  29. 2022-01-18
    MARSDEN, David resigned
    director
  30. 2022-01-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  31. 2022-01-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  32. 2022-01-01
    ASHLEY, Emma Jane appointed
    director
  33. 2022-01-01
    FURNEAUX, Clare Louise appointed
    director
  34. 2022-01-01
    HENDERSON, Karen appointed
    director
  35. 2021-12-31
    LEES, Timothy John Gerard, Dr resigned
    director
  36. 2021-12-31
    WHITE, Matthew James resigned
    director
  37. 2020-01-31
    BIENFAIT, Richard Antoine resigned
    director
  38. 2019-04-04
    THOMAS, Karen Louise resigned
    director
  39. 2019-01-31
    BENKEL, Julian Christopher William resigned
    secretary
  40. 2019-01-31
    BENKEL, Julian Christopher William resigned
    director
  41. 2019-01-01
    GERVAISE-JONES, Henry Barnaby appointed
    director
  42. 2019-01-01
    SWINDLEHURST, Mark appointed
    director
  43. 2019-01-01
    WAKEFORD, Jonathan James resigned
    director
  44. 2018-12-31
    BAILEY-WATTS, Robin Samuel resigned
    director
  45. 2018-12-31
    O'SHEA, Sean resigned
    director
  46. 2018-11-30
    LEES, Timothy John Gerard, Dr appointed
    director
  47. 2018-11-30
    VAN DE NOORT, Robertus Adrianus Leonardus, Professor resigned
    director
  48. 2018-11-30
    WHITE, Matthew James appointed
    director
  49. 2018-11-15
    ROBBINS, Colin resigned
    director
  50. 2017-05-11
    THOMAS, Karen Louise appointed
    director
Showing most recent 50 of 95 events

Owner dependency

40/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • -5 active directors: Broader management team in place — suggests transferable governance.

Succession & seller-readiness

30/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

Red flags

1 low
27 live charges
low

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

Group structure

Upp (Reading I) Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Upp (Reading I) Holdings Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
UPP (READING I) LIMITED
This company · 07637481

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%
NameSharesVoting rightsNature of controlNotified
Upp (Reading I) Holdings Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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
Incorporated2011-05-17
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

First Floor
12 Arthur Street
London
EC4R 9AB
England

Filing status

Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2027-05-31
Last: 2026-05-17

Officers (5 active · 21 resigned)

ASHLEY, Emma Jane
director · ~48y · appointed 2022-01-01
View their other companies + combined net worth →
Active
BAMFORD, Mark Christopher
director · ~51y · appointed 2022-10-03
View their other companies + combined net worth →
Active
BOORNE, Simon Anthony
director · ~41y · appointed 2022-04-29
View their other companies + combined net worth →
Active
BURTON, Matthew John
director · ~42y · appointed 2022-02-16
View their other companies + combined net worth →
Active
CASSELDEN, Andrew Ross
director · ~47y · appointed 2025-12-01
View their other companies + combined net worth →
Active
BENKEL, Julian Christopher William
secretary · appointed 2011-05-17 · resigned 2019-01-31
Resigned
BAILEY-WATTS, Robin Samuel
director · ~56y · appointed 2014-04-01 · resigned 2018-12-31
Resigned
BEHR, Gabriel Simon
director · ~53y · appointed 2011-05-17 · resigned 2016-05-10
Resigned
BENKEL, Julian Christopher William
director · ~64y · appointed 2011-05-17 · resigned 2019-01-31
Resigned
BIENFAIT, Richard Antoine
director · ~59y · appointed 2016-10-11 · resigned 2020-01-31
Resigned
CLAPP, Andrew David
director · ~51y · appointed 2012-04-12 · resigned 2012-09-13
Resigned
DEAKIN, Kathryn
director · ~53y · appointed 2015-06-05 · resigned 2015-11-06
Resigned
FURNEAUX, Clare Louise
director · ~71y · appointed 2022-01-01 · resigned 2025-09-14
Resigned
GERVAISE-JONES, Henry Barnaby
director · ~46y · appointed 2019-01-01 · resigned 2022-04-29
Resigned
HENDERSON, Karen
director · ~63y · appointed 2022-01-01 · resigned 2025-01-11
Resigned
LEES, Timothy John Gerard, Dr
director · ~46y · appointed 2018-11-30 · resigned 2021-12-31
Resigned
MARSDEN, David
director · ~51y · appointed 2015-11-16 · resigned 2022-01-18
Resigned
O'SHEA, Sean
director · ~63y · appointed 2011-05-17 · resigned 2018-12-31
Resigned
ROBBINS, Colin
director · ~68y · appointed 2015-06-12 · resigned 2018-11-15
Resigned
SAVAGE, David Charles Lambert
director · ~69y · appointed 2011-12-20 · resigned 2017-03-01
Resigned

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

Mortgages & charges

27
Total charges
27
Outstanding
4
Active lenders
Status:Lender:27 of 27 shown
TypeProperties
outstanding
Aviva Commercial Finance (As Security Trustee)
Aviva Commercial Finance Limited (As Security Trustee)
Mortgage2 properties04/10/2012
outstanding
Aviva Commercial Finance
Aviva Commercial Finance Limited
Deed of assignment1 property04/10/2012
outstanding
Aviva Commercial Finance
Aviva Commercial Finance Limited
Deed of assignment1 property07/08/2012
outstanding
Aviva Commercial Finance (As Security Trustee)
Aviva Commercial Finance Limited (As Security Trustee)
Mortgage1 property07/08/2012
outstanding
Aviva Commercial Finance (As Security Trustee)
Aviva Commercial Finance Limited (As Security Trustee)
Mortgage1 property07/08/2012
outstanding
Upp (Reading I) Holdings
Upp (Reading I) Holdings Limited
A second ranking debenture1 property21/12/2011
outstanding
Aviva Commercial Finance
Aviva Commercial Finance Limited
Deed of assignment1 property21/12/2011
outstanding
Aviva Commercial Finance (The Security Trustee)
Aviva Commercial Finance Limited (The Security Trustee)
Mortgage debenture1 property21/12/2011
outstanding
Aviva Commercial Finance (As Security Trustee)
Aviva Commercial Finance Limited (As Security Trustee)
Mortgage1 property21/12/2011
outstanding
Aviva Commercial Finance (As Security Trustee)
Aviva Commercial Finance Limited (As Security Trustee)
Mortgage1 property21/12/2011
outstanding
Aviva Commercial Finance (As Security Trustee)
Aviva Commercial Finance Limited (As Security Trustee)
Mortgage1 property21/12/2011
outstanding
Aviva Commercial Finance (As Security Trustee)
Aviva Commercial Finance Limited (As Security Trustee)
Mortgage1 property21/12/2011
outstanding
Aviva Commercial Finance (As Security Trustee)
Aviva Commercial Finance Limited (As Security Trustee)
Mortgage1 property21/12/2011
outstanding
Aviva Commercial Finance (As Security Trustee)
Aviva Commercial Finance Limited (As Security Trustee)
Mortgage1 property21/12/2011
outstanding
Aviva Commercial Finance (As Security Trustee)
Aviva Commercial Finance Limited (As Security Trustee)
Mortgage1 property21/12/2011
outstanding
Aviva Commercial Finance (As Security Trustee)
Aviva Commercial Finance Limited (As Security Trustee)
Mortgage1 property21/12/2011
outstanding
Aviva Commercial Finance (As Security Trustee)
Aviva Commercial Finance Limited (As Security Trustee)
Mortgage1 property21/12/2011
outstanding
Aviva Commercial Finance (As Security Trustee)
Aviva Commercial Finance Limited (As Security Trustee)
Mortgage1 property21/12/2011
outstanding
Aviva Commercial Finance (As Security Trustee)
Aviva Commercial Finance Limited (As Security Trustee)
Mortgage1 property21/12/2011
outstanding
Aviva Commercial Finance (As Security Trustee)
Aviva Commercial Finance Limited (As Security Trustee)
Mortgage1 property21/12/2011
outstanding
Aviva Commercial Finance (As Security Trustee)
Aviva Commercial Finance Limited (As Security Trustee)
Mortgage1 property21/12/2011
outstanding
Aviva Commercial Finance (As Security Trustee)
Aviva Commercial Finance Limited (As Security Trustee)
Mortgage1 property21/12/2011
outstanding
Aviva Commercial Finance (As Security Trustee)
Aviva Commercial Finance Limited (As Security Trustee)
Mortgage1 property21/12/2011
outstanding
Aviva Commercial Finance (As Security Trustee)
Aviva Commercial Finance Limited (As Security Trustee)
Mortgage1 property21/12/2011
outstanding
Aviva Commercial Finance (As Security Trustee)
Aviva Commercial Finance Limited (As Security Trustee)
Mortgage1 property21/12/2011
outstanding
Aviva Commercial Finance (As Security Trustee)
Aviva Commercial Finance Limited (As Security Trustee)
Mortgage1 property21/12/2011
outstanding
Aviva Commercial Finance (As Security Trustee)
Aviva Commercial Finance Limited (As Security Trustee)
Mortgage1 property21/12/2011
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (113 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-19
accounts-with-accounts-type-full
accounts · AA
2026-03-15
appoint-person-director-company-with-name-date
officers · AP01
2025-12-04
termination-director-company-with-name-termination-date
officers · TM01
2025-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-19
accounts-with-accounts-type-full
accounts · AA
2025-02-10
termination-director-company-with-name-termination-date
officers · TM01
2025-01-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-30
accounts-with-accounts-type-full
accounts · AA
2024-04-27
termination-director-company-with-name-termination-date
officers · TM01
2023-07-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-18
accounts-with-accounts-type-full
accounts · AA
2023-04-15
appoint-person-director-company-with-name-date
officers · AP01
2022-10-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-24
appoint-person-director-company-with-name-date
officers · AP01
2022-05-13