RIVERSIDE HOUSE (MORPETH) LIMITED

🌳Matureactive

08206619 · ltd · incorporated 2012-09-07

Investment thesis

Well-run mature business — low negotiation leverage; premium likely.

Why interesting: Textbook target; clean filings, stable trading.

Why risky: No pressure on seller; any deal likely at full price.

Opportunity decay

hardening · 12-months

Already tight — no obvious softening catalysts on the horizon.

· Thesis: well-run, low negotiation leverage

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Oct 2024

Net worth

£1

book net assets

Opportunity

79/100

Strong

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What this business does

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

Sector: Administrative & support services

Investor take

Pursue

Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 79/100 (strong), bankability 80/100. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 2.0y

50/100

clean up first

Refinance viable after a tidy-up — address the highlighted items first.

· Newest facility, 2.0 years old — likely still in initial term.
· Single lender — cleanest path to refinance.
· Legal-friction score 15/100 — clean.

Data confidence

Overall: high (83/100)

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

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

9 officers (5 active, 9 linked, 5 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

14 connected companies via shared directors

Filing history

53 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

79/100Strong

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 · FRS 102

Positive net assets

Net assets £1

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£1

~ YoY

Current Assets

£1

~ YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2024-10-31	2023-10-31
Total assets	£1	£1
Current assets	£1	£1
Debtors	£1	£1
Net assets	£1	£1

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

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (33 events)Click to expand

2025-07-29
📄
accounts-with-accounts-type-dormant
accounts · AA
2024-12-05
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-07-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-15
📄
capital-alter-shares-subdivision
capital · SH02
2024-05-15
📄
resolution
resolution · RESOLUTIONS
2024-05-15
📄
memorandum-articles
incorporation · MA
2024-05-15
📄
capital-variation-of-rights-attached-to-shares
capital · SH10
2024-05-15
📄
capital-name-of-class-of-shares
capital · SH08
2024-05-08
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-05-08
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-05-08
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-05-07
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-04-30
🔒
Charge registered #1
Lender: Semper Eximius Management Limited
2024-04-29
➕
CHIU, Hedda Wing Kit appointed
director
2024-04-29
➕
LUMB, Julie Elizabeth appointed
director
2023-05-18
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-01-09
📄
gazette-filings-brought-up-to-date
gazette · DISS40
2021-01-08
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-01-08
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-01-05
📄
gazette-notice-compulsory
gazette · GAZ1
2012-10-30
➕
SMITH, Philip Antony appointed
secretary
2012-10-30
➕
LUMB, Tony appointed
director
2012-10-30
➕
SMITH, Philip Antony appointed
director
2012-10-30
➖
OLSWANG COSEC LIMITED resigned
corporate-secretary
2012-10-30
➖
MACKIE, Christopher Alan resigned
director
2012-10-30
➖
OLSWANG DIRECTORS 1 LIMITED resigned
corporate-director
2012-10-30
➖
OLSWANG DIRECTORS 2 LIMITED resigned
corporate-director
2012-09-07
🏢
Company incorporated
As RIVERSIDE HOUSE (MORPETH) LIMITED
2012-09-07
➕
OLSWANG COSEC LIMITED appointed
corporate-secretary
2012-09-07
➕
MACKIE, Christopher Alan appointed
director
2012-09-07
➕
OLSWANG DIRECTORS 1 LIMITED appointed
corporate-director
2012-09-07
➕
OLSWANG DIRECTORS 2 LIMITED appointed
corporate-director

Owner dependency

56/100

Moderate — manageable with handover

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

FACTORS

-4 active directors: Broader management team in place — suggests transferable governance.
+Senior director age: Director aged approximately 63 — approaching natural succession window.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

63/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
secondary12+ year tenure: Director in role 14 years.
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

Name	Shares	Voting rights	Nature of control	Notified
Mr Philip Antony Smith Individual · British · DOB 09/1972 · age 54	25–50%	25–50%	board control25-50% shares · 25-50% voting · board control	01/07/2016

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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1813 BALMORAL LIMITED→ 09212557 · est 2014 · no financials extracted	—	—	—	—	11y	—	—
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Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

6 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.

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Company details

Statusactive

Typeltd

Incorporated2012-09-07

Jurisdictionengland-wales

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

Registered office

Suite 2.2 My Buro

20 Market Street

Altrincham

Cheshire

WA14 1PF

United Kingdom

Filing status

Accounts

Next due: 2026-07-31

Last made up to: 2024-10-31

Confirmation statement

Next due: 2026-09-21

Last: 2025-09-07