SIMON RICHARD LIMITED

🌳Matureactive

SC179900 · ltd · incorporated 1997-10-22

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.

Why now

Window steady · low confidence

Steady and tidy — no seller pressure yet. Approach only if an angle opens.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 27.3y old — refinance window within 12 months

What changed my view

Last 30 days

No material changes in the last 30 days.

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 Oct 2024

Net worth

£1.31M

book net assets

Opportunity

82/100

Exceptional

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What this business does

Primary activity: SIC 46140

Sector: Wholesale & retail

Investor take

Pursue

Asset-holding vehicle with a 70-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (83/100, director aged 70). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 27.3y

85/100

ready

Refinance conversation should be productive — structure clean and timing right.

· Oldest live charge is 27.3 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (79/100)

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

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

4 officers (2 active, 4 linked, 2 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

1 connected companies via shared directors

Filing history

81 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

82/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

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 · accounting standard not declared

Positive net assets

Net assets £1,307,745

Cash YoY

+16%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£467k

↑ 16% YoY

Net Worth

£1.3m

↑ 4.7% YoY

Current Assets

£1.4m

↑ 7.3% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2024-10-31	2023-10-31
Total assets	£1.35M	£1.27M
Current assets	£1.44M	£1.34M
Cash	£466.7k	£400.7k
Debtors	£565.1k	£514.8k
Net assets	£1.31M	£1.25M

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

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (24 events)Click to expand

2025-03-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-09
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-01
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-20
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-03-19
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-02-15
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-03-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-03-14
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-04-06
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-11-09
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-02-18
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-10-26
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-01-24
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2013-11-10
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2009-07-21
➖
RICHARD,COUTTS & PALFREY, Messrs resigned
secretary
2003-11-15
🔓
Charge satisfied #1
2000-09-18
➖
RICHARD, Venessa Ann resigned
secretary
2000-09-01
➕
RICHARD,COUTTS & PALFREY, Messrs appointed
secretary
1999-01-31
🔒
Charge registered #1
Lender: The Governor and Company of the Bank of Scotland
1997-10-22
🏢
Company incorporated
As SIMON RICHARD LIMITED
1997-10-22
➕
RICHARD, Simon John Miller appointed
director
1997-10-22
➕
RICHARD, Venessa Ann appointed
nominee-director
1997-10-22
➕
RICHARD, Venessa Ann appointed
secretary

Owner dependency

100/100

Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
+Founder name in company name: Company name contains director surname "RICHARD" — strong identity link between founder and business.
+Long-tenure founder: Senior director has been in place 29 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 70 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

96/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

primaryFounder aged 70+: Senior director is approximately 70 years old. Natural succession window is now.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
primary20+ year tenure: Director in role 29 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 29 years old and no new directors in the last 3 years — succession not yet being planned internally.
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

Name	Shares	Voting rights	Nature of control	Notified
Mr Simon John Miller Richard Individual · British · DOB 03/1960 · age 66	25–50%	—	25-50% shares	06/04/2016
Mrs Venessa Ann Richard Individual · British · DOB 10/1956 · age 70	25–50%	—	25-50% shares	06/04/2016

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 →

Similar companies

Active · Wholesale & distribution · TD postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
BRANDWELL GB TRADING LIMITED→ 11678396 · est 2018	£120.4k £90.3k–£150.5k	—	—	200	7y	81	59y
BORDER LIVESTOCK EXCHANGE LIMITED→ SC158324 · est 1995	—	—	£8	—	31y	83	64y
CEREAL FOODS LIMITED→ 03921464 · est 2000 · no financials extracted	—	—	—	—	26y	82	77y
G. MARSHALL (TRACTORS) LIMITED→ SC242541 · est 2003	—	—	—	22	23y	82	74y
JOHN MANNERS LIMITED→ 05460464 · est 2005	—	—	—	3000	21y	82	83y
REIVER COUNTRY FARM FOODS LTD.→ SC200159 · est 1999	—	—	£343.1k	—	26y	82	66y
KIBOSH LTD.→ SC370181 · est 2009	—	—	£271.8k	—	16y	81	64y
AGRICULTURAL COMMODITY EXCHANGE LTD→ SC465204 · est 2013	—	—	£238.4k	—	12y	80	65y
B. MASON (TRACTORS) LIMITED→ 04744596 · est 2003	—	—	£764.8k	—	23y	80	69y
DIAGNOSTIC 2000 LTD→ 04788117 · est 2003	—	—	—	2	22y	80	65y
DREM TIMBER & FENCING LIMITED→ SC292575 · est 2005	—	—	£115.8k	—	20y	80	70y
DYSON & CO. (SCOTLAND) LTD.→ SC214675 · est 2001	—	—	—	1	25y	80	70y

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.

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Company details

Statusactive

Typeltd

Incorporated1997-10-22

Jurisdictionscotland

Primary SIC46140 — SIC 46140

Registered office

Crown Tailrig

Bonchester Bridge

Hawick

Roxburghshire

TD9 8RA

Filing status

Accounts

Next due: 2026-07-31

Last made up to: 2024-10-31

Confirmation statement

Next due: 2026-11-05

Last: 2025-10-22

Officers (2 active · 2 resigned)

RICHARD, Simon John Miller→

director · ~66y · appointed 1997-10-22

View their other companies + combined net worth →

Active

RICHARD, Venessa Ann→

nominee-director · ~70y · appointed 1997-10-22

View their other companies + combined net worth →

Active

RICHARD, Venessa Ann→

secretary · appointed 1997-10-22 · resigned 2000-09-18

Resigned

RICHARD,COUTTS & PALFREY, Messrs→

secretary · appointed 2000-09-01 · resigned 2009-07-21

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:1 of 1 shown

			Type	Properties
	satisfied	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Floating charge	1 property	31/01/1999	15/11/2003