15 GEORGE STREET (READING) MANAGEMENT COMPANY LIMITED

🌳Matureactive
10211672 · ltd · incorporated 2016-06-02
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
Why now
Window opening · high confidence
More negotiable than before — 3 signals weakening over the last 30 days.
  • · Hygiene score: 50 → 30
  • · Opportunity score: 69 → 60
  • · Bankability: 55 → 45
Opportunity decay
softening · 6-months
Softening — cumulative signals suggest this becomes more negotiable over the next 3–6 months.
  • · 3 recent signals weakening vs 0 strengthening
What changed my view
Last 30 days

Picture worsened over the last 30 days — 3 negative signals vs 0 positive.

  • Opportunity score: 6960
  • Hygiene score: 5030
  • Bankability: 5545
Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
year to Jun 2024
Net worth
book net assets
Opportunity
60/100
Worth a look
🔔
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What this business does
Primary activity: Management of real estate on a fee or contract basis
Sector: Real estate
Investor take
Pass (distressed without resilience)
Distressed admin-neglect survivor — structural issues outweigh the discount.

Opportunity 60/100 (worth a look), bankability 45/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (45/100). Current lenders should be on monthly review.

Data confidence

Overall: high (81/100)

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
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (3 active, 3 linked, 3 with DOB)
90
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
26 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
60/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
45
Concerning — overdue filings or status flags present.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Jun 2023Jun 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-06-302023-06-30

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

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 (20 events)Click to expand
  1. 2025-04-01
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-03-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2023-04-28
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2022-04-19
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2021-09-16
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2021-09-16
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  7. 2021-09-16
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  8. 2021-09-10
    PARFITT, Simon appointed
    director
  9. 2021-03-17
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2019-07-15
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2019-07-15
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2019-07-15
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2019-07-15
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2019-07-15
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2019-05-09
    📄
    restoration-order-of-court
    restoration · AC92
  16. 2018-07-24
    📄
    gazette-dissolved-compulsory
    gazette · GAZ2
  17. 2018-05-08
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  18. 2016-06-02
    🏢
    Company incorporated
    As 15 GEORGE STREET (READING) MANAGEMENT COMPANY LIMITED
  19. 2016-06-02
    RUSSELL, Anita Lyn appointed
    director
  20. 2016-06-02
    RUSSELL, Martyn Lee appointed
    director

Owner dependency

73/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Founder age: Director aged approximately 73 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

60/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 73 years old. Natural succession window is now.

Red flags

2 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-03-31

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-06-15

Shareholders & ownership

3 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Simon Parfitt
Individual · British · DOB 02/1977 · age 49
2550%
25–50%25-50% shares · 25-50% voting10/09/2021
Mrs Anita Lyn Russell
Individual · British · DOB 07/1953 · age 73
2550%
25–50%25-50% shares · 25-50% voting02/06/2016
Mr Martyn Lee Russell
Individual · British · DOB 07/1955 · age 71
sig. influencesignificant influence15/06/2016

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.

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🔒Tailored diligence questions

10 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 →
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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.

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Company details

Statusactive
Typeltd
Incorporated2016-06-02
Jurisdictionengland-wales
Primary SIC68320 — Management of real estate on a fee or contract basis

Registered office

2 Chapel Green Cottages
Chapel Green
Wokingham
Berkshire
RG40 3ER
United Kingdom

Filing status

Accounts
Next due: 2026-03-31OVERDUE
Last made up to: 2024-06-30
Confirmation statement
Next due: 2026-06-15OVERDUE
Last: 2025-06-01

Officers (3 active · 0 resigned)

PARFITT, Simon
director · ~49y · appointed 2021-09-10
View their other companies + combined net worth →
Active
RUSSELL, Anita Lyn
director · ~73y · appointed 2016-06-02
View their other companies + combined net worth →
Active
RUSSELL, Martyn Lee
director · ~71y · appointed 2016-06-02
View their other companies + combined net worth →
Active

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

Recent filings (26 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-24
accounts-with-accounts-type-dormant
accounts · AA
2025-04-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-29
accounts-with-accounts-type-dormant
accounts · AA
2024-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-25
accounts-with-accounts-type-dormant
accounts · AA
2023-04-28
confirmation-statement-with-updates
confirmation-statement · CS01
2022-06-08
accounts-with-accounts-type-dormant
accounts · AA
2022-04-19
appoint-person-director-company-with-name-date
officers · AP01
2021-09-16
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-09-16
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-09-16
confirmation-statement-with-updates
confirmation-statement · CS01
2021-06-10
accounts-with-accounts-type-dormant
accounts · AA
2021-03-17
confirmation-statement-with-updates
confirmation-statement · CS01
2020-06-15
confirmation-statement-with-updates
confirmation-statement · CS01
2019-07-15