ARMSTRONG REIVER LLP
💤Zombieactive
OC379823 · llp · incorporated 2012-10-31
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
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
73/100
Strong
What this business does
Likely a professional services partnership — possibly legal, financial, or consultancy — operating in the Carlisle area, with "Reiver" referencing the Anglo-Scottish border heritage; day-to-day activity is unclear from filings alone, but total-exemption accounts suggest a small, active partnership.
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 73/100 (strong), bankability 80/100. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).
🏦
Refinance opportunity
2 live charges · oldest 13.2y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 13.2 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (77/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, no SIC, incorporation date
80
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
8 officers (4 active, 8 linked, 7 with DOB)
88
Ownership & PSC
3 active PSC(s) of 6 total, 6 with control declared
90
Director network
Network not yet resolved
30
Filing history
66 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.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Average employees | 300 | 200 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals 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 (40 events)Click to expand
- 2025-10-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-08-13📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2024-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-16📄second-filing-of-member-appointment-with-nameofficers · RP04LLAP01
- 2024-08-22📄notification-of-a-person-with-significant-control-limited-liability-partnershippersons-with-significant-control · LLPSC01
- 2024-08-22📄cessation-of-a-person-with-significant-control-limited-liability-partnershippersons-with-significant-control · LLPSC07
- 2024-08-09📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2024-08-07📄change-to-a-person-with-significant-control-limited-liability-partnershippersons-with-significant-control · LLPSC04
- 2024-08-07📄change-to-a-person-with-significant-control-limited-liability-partnershippersons-with-significant-control · LLPSC04
- 2024-08-07📄change-to-a-person-with-significant-control-limited-liability-partnershippersons-with-significant-control · LLPSC04
- 2024-04-24📍change-sail-address-limited-liability-partnership-with-old-address-new-addressaddress · LLAD02
- 2024-02-26📄appoint-person-member-limited-liability-partnership-with-appointment-dateofficers · LLAP01
- 2024-02-23📄appoint-person-member-limited-liability-partnership-with-appointment-dateofficers · LLAP01
- 2024-02-23📄appoint-person-member-limited-liability-partnership-with-appointment-dateofficers · LLAP01
- 2024-02-12➕POTTS, Janice Mary appointedllp-designated-member
- 2024-02-12➕ARMSTRONG, Mark Thomas appointedllp-member
- 2024-02-12➕LLOYD, John Barry appointedllp-member
- 2023-12-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-10-09📄change-to-a-person-with-significant-control-limited-liability-partnershippersons-with-significant-control · LLPSC04
- 2023-10-09📄change-to-a-person-with-significant-control-limited-liability-partnershippersons-with-significant-control · LLPSC04
- 2023-10-09📄change-to-a-person-with-significant-control-limited-liability-partnershippersons-with-significant-control · LLPSC04
- 2023-10-09📄change-corporate-member-limited-liability-partnership-with-name-change-dateofficers · LLCH02
- 2023-10-09📍change-registered-office-address-limited-liability-partnership-with-date-old-address-new-addressaddress · LLAD01
- 2023-08-15📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2023-07-10📄change-corporate-member-limited-liability-partnership-with-name-change-dateofficers · LLCH02
- 2022-12-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-08-12📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2021-12-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-08-08➖BESSANT, Rachel Kate resignedllp-designated-member
- 2020-08-08➖ROYLE, Julie Margaret Reem resignedllp-designated-member
- 2020-07-26➖ARMSTRONG, Philip Richard resignedllp-designated-member
- 2020-07-21➕BESSANT, Rachel Kate appointedllp-designated-member
- 2020-07-21➕ROYLE, Julie Margaret Reem appointedllp-designated-member
- 2018-02-28➖ARMSTRONG, Melanie resignedllp-designated-member
- 2013-10-31➕ARMSTRONG REIVER BBS LTD appointedcorporate-llp-designated-member
- 2013-03-22🔒Charge registered #2Lender: Clydesdale Bank PLC
- 2013-03-22🔒Charge registered #1Lender: Clydesdale Bank PLC
- 2012-10-31🏢Company incorporatedAs ARMSTRONG REIVER LLP
- 2012-10-31➕ARMSTRONG, Melanie appointedllp-designated-member
- 2012-10-31➕ARMSTRONG, Philip Richard appointedllp-designated-member
Owner dependency
50/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
Succession & seller-readiness
30/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
3 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Mark Armstrong Individual · British · DOB 01/1968 · age 58 | — | — | sig. influencesignificant influence | 03/11/2020 |
Mrs Janice Potts Individual · British · DOB 03/1961 · age 65 | — | — | sig. influencesignificant influence | 03/11/2020 |
Mr John Barry Lloyd Individual · British · DOB 10/1952 · age 74 | — | — | sig. influencesignificant influence | 03/11/2020 |
3 historic (ceased) PSCs
- Mr Barry John Lloydceased 03/11/2020· significant influence
- Mr Philip Richard Armstrongceased 26/07/2020· control reported
- Mrs Melanie Armstrongceased 28/02/2018· control reported
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
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|---|---|---|---|---|---|---|---|
| 'A1' ARBORISTS LIMITED→ 06449984 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| 121 CARE AGENCY LIMITED→ 15657669 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 1816 CROWN PROPERTY LIMITED→ 15636424 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 20 ALDERBROOK ROAD RESIDENTS LIMITED→ 05137061 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| 20TEN CONTRACTS LTD→ 16785571 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 214FOODDRINK LTD→ 14752323 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| 32 MARLBOROUGH BUILDINGS BATH MANAGEMENT COMPANY LIMITED→ 03686615 · est 1998 · no financials extracted | — | — | — | — | 27y | — | — |
| 3B CONSTRUCTION LTD→ 04756850 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| 3D TRAVEL CUMBRIA LIMITED→ 16271095 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 4WARD DIGITAL LIMITED→ 12498789 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| 53 ELDER AVENUE LIMITED→ 03126580 · est 1995 · no financials extracted | — | — | — | — | 30y | — | — |
| 789 NATION LIMITED→ 14615621 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
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
Typellp
Incorporated2012-10-31
Jurisdictionengland-wales
Primary SIC—
Registered office
Randalinton Farm Sandysike
Longtown
Carlisle
CA6 5SX
England
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-08-15
Last: 2025-08-01
Officers (4 active · 4 resigned)
POTTS, Janice Mary→
Activellp-designated-member · ~65y · appointed 2024-02-12
View their other companies + combined net worth →
ARMSTRONG REIVER BBS LTD→
Activecorporate-llp-designated-member · appointed 2013-10-31
View their other companies + combined net worth →
ARMSTRONG, Mark Thomas→
Activellp-member · ~58y · appointed 2024-02-12
View their other companies + combined net worth →
LLOYD, John Barry→
Activellp-member · ~64y · appointed 2024-02-12
View their other companies + combined net worth →
ARMSTRONG, Melanie→
Resignedllp-designated-member · ~57y · appointed 2012-10-31 · resigned 2018-02-28
ARMSTRONG, Philip Richard→
Resignedllp-designated-member · ~62y · appointed 2012-10-31 · resigned 2020-07-26
BESSANT, Rachel Kate→
Resignedllp-designated-member · ~40y · appointed 2020-07-21 · resigned 2020-08-08
ROYLE, Julie Margaret Reem→
Resignedllp-designated-member · ~70y · appointed 2020-07-21 · resigned 2020-08-08
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Virgin Money Clydesdale Bank PLC | Debenture | 1 property | 22/03/2013 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC | Legal charge | 1 property | 22/03/2013 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (66 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-07
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2025-08-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-23
second-filing-of-member-appointment-with-name
officers · RP04LLAP01
2024-10-16
notification-of-a-person-with-significant-control-limited-liability-partnership
persons-with-significant-control · LLPSC01
2024-08-22
cessation-of-a-person-with-significant-control-limited-liability-partnership
persons-with-significant-control · LLPSC07
2024-08-22
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2024-08-09
change-to-a-person-with-significant-control-limited-liability-partnership
persons-with-significant-control · LLPSC04
2024-08-07
change-to-a-person-with-significant-control-limited-liability-partnership
persons-with-significant-control · LLPSC04
2024-08-07
change-to-a-person-with-significant-control-limited-liability-partnership
persons-with-significant-control · LLPSC04
2024-08-07
change-sail-address-limited-liability-partnership-with-old-address-new-address
address · LLAD02
2024-04-24
appoint-person-member-limited-liability-partnership-with-appointment-date
officers · LLAP01
2024-02-26
appoint-person-member-limited-liability-partnership-with-appointment-date
officers · LLAP01
2024-02-23
appoint-person-member-limited-liability-partnership-with-appointment-date
officers · LLAP01
2024-02-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-21