READ FOUNDATION

🌳Matureactive
09195667 · private-limited-guarant-nsc-limited-exemption · incorporated 2014-08-30
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
not disclosed
Net worth
book net assets
Opportunity
73/100
Strong
🔔
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What this business does
Primary activity: Educational support services
Sector: Education
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 73/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).

Data confidence

Overall: medium (60/100)

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
Confirmed no charges registered
85
Directors & officers
12 officers (6 active, 12 linked, 12 with DOB)
90
Ownership & PSC
2 active PSC(s) of 4 total, 4 with control declared
90
Director network
11 connected companies via shared directors
78
Filing history
48 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

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 (38 events)Click to expand
  1. 2025-11-03
    📄
    accounts-with-accounts-type-full
    accounts · AA
  2. 2024-12-13
    📄
    accounts-with-accounts-type-full
    accounts · AA
  3. 2023-12-19
    📄
    accounts-with-accounts-type-full
    accounts · AA
  4. 2023-08-30
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  5. 2022-12-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2022-12-12
    HUSSAIN, Yaqub, Dr resigned
    director
  7. 2022-12-05
    📄
    accounts-with-accounts-type-small
    accounts · AA
  8. 2022-01-24
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2021-12-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-05-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2021-04-28
    MAHMOOD, Saeed appointed
    director
  12. 2021-02-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2020-11-11
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2020-10-07
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  15. 2020-10-07
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  16. 2020-10-06
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  17. 2020-03-30
    📄
    change-person-director-company-with-change-date
    officers · CH01
  18. 2020-03-30
    📄
    change-person-director-company-with-change-date
    officers · CH01
  19. 2020-03-30
    📄
    change-person-director-company-with-change-date
    officers · CH01
  20. 2020-03-30
    📄
    change-person-director-company-with-change-date
    officers · CH01
  21. 2020-02-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  22. 2020-01-25
    BEGG, Tahir Masood resigned
    director
  23. 2019-12-24
    FAROOQ, Mohammed resigned
    director
  24. 2019-05-01
    SALAM, Sarah appointed
    director
  25. 2019-01-12
    ANSARI, Asif appointed
    director
  26. 2017-09-16
    SULTAN, Muhammed Mehboob resigned
    director
  27. 2017-05-06
    CHOUDRY, Usman, Dr. appointed
    director
  28. 2016-08-13
    RASHID, Rizwan appointed
    director
  29. 2016-01-23
    HUSSAIN, Iftkhar, Dr resigned
    director
  30. 2015-03-11
    AHMED, Mahmood resigned
    director
  31. 2014-08-30
    🏢
    Company incorporated
    As READ FOUNDATION
  32. 2014-08-30
    RASHID, Haroon appointed
    director
  33. 2014-08-30
    AHMED, Mahmood appointed
    director
  34. 2014-08-30
    BEGG, Tahir Masood appointed
    director
  35. 2014-08-30
    FAROOQ, Mohammed appointed
    director
  36. 2014-08-30
    HUSSAIN, Iftkhar, Dr appointed
    director
  37. 2014-08-30
    HUSSAIN, Yaqub, Dr appointed
    director
  38. 2014-08-30
    SULTAN, Muhammed Mehboob appointed
    director

Owner dependency

48/100
Moderate — manageable with handover

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

FACTORS
  • -6 active directors: Broader management team in place — suggests transferable governance.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

35/100
Weak signal

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

SIGNALS
  • 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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Dr Usman Munsif Choudry
Individual · British · DOB 07/1978 · age 48
sig. influencesignificant influence · trust interest25/01/2020
Mr Haroon Rashid
Individual · British · DOB 06/1974 · age 52
sig. influencesignificant influence · trust interest30/08/2016
2 historic (ceased) PSCs
  • Dr Yaqub Hussainceased 30/08/2023· significant influence · trust interest
  • Mr Tahir Masood Beggceased 25/01/2020· significant influence · trust interest

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

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.

See pricing →

Company details

Statusactive
Typeprivate-limited-guarant-nsc-limited-exemption
Incorporated2014-08-30
Jurisdictionengland-wales
Primary SIC85600 — Educational support services

Registered office

Victoria Court 376 Wilmslow Road
Fallowfield
Manchester
M14 6AX
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-09-13
Last: 2025-08-30

Officers (6 active · 6 resigned)

ANSARI, Asif
director · ~55y · appointed 2019-01-12
View their other companies + combined net worth →
Active
CHOUDRY, Usman, Dr.
director · ~48y · appointed 2017-05-06
View their other companies + combined net worth →
Active
MAHMOOD, Saeed
director · ~57y · appointed 2021-04-28
View their other companies + combined net worth →
Active
RASHID, Haroon
director · ~52y · appointed 2014-08-30
View their other companies + combined net worth →
Active
RASHID, Rizwan
director · ~42y · appointed 2016-08-13
View their other companies + combined net worth →
Active
SALAM, Sarah
director · ~52y · appointed 2019-05-01
View their other companies + combined net worth →
Active
AHMED, Mahmood
director · ~70y · appointed 2014-08-30 · resigned 2015-03-11
Resigned
BEGG, Tahir Masood
director · ~72y · appointed 2014-08-30 · resigned 2020-01-25
Resigned
FAROOQ, Mohammed
director · ~66y · appointed 2014-08-30 · resigned 2019-12-24
Resigned
HUSSAIN, Iftkhar, Dr
director · ~57y · appointed 2014-08-30 · resigned 2016-01-23
Resigned
HUSSAIN, Yaqub, Dr
director · ~67y · appointed 2014-08-30 · resigned 2022-12-12
Resigned
SULTAN, Muhammed Mehboob
director · ~58y · appointed 2014-08-30 · resigned 2017-09-16
Resigned

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

Recent filings (48 total)

accounts-with-accounts-type-full
accounts · AA
2025-11-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-01
accounts-with-accounts-type-full
accounts · AA
2024-12-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-03
accounts-with-accounts-type-full
accounts · AA
2023-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-30
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-08-30
termination-director-company-with-name-termination-date
officers · TM01
2022-12-30
accounts-with-accounts-type-small
accounts · AA
2022-12-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-30
change-person-director-company-with-change-date
officers · CH01
2022-01-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-31
appoint-person-director-company-with-name-date
officers · AP01
2021-05-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-02-03