R & H PROPERTIES LTD.

💤Zombieactive
SC197981 · ltd · incorporated 1999-07-12
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.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
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 Sept 2025
Net worth
£447.2k
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Property-backed borrower with a 66-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 66). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 3 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

3 live charges · oldest 26.3y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 26.3 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (84/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
3 years of iXBRL accounts extracted + narrative notes parsed
95
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 2 with DOB)
77
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
73 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
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 £447,204
Net assets shrinking
Down £441 YoY
Cash YoY
+0%
Year on year

Key financials

3 years extracted from filed iXBRL accounts
Cash
£18k
~ YoY
Net Worth
£447k
~ YoY
Current Assets
£23k
~ YoY
Current Liabilities
—
£0£90k£179k£269k£359k£448kSept 2023Sept 2024Sept 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-09-302024-09-302023-09-30
Total assets£513.5k£513.9k£547.3k
Current assets£22.6k£22.6k£58.7k
Cash£18.3k£18.3k£54.4k
Net assets£447.2k£447.6k£448.5k

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
1
filing
  • • 1 accounts
Last 90 days
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2026-06-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2020-09-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2019-06-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2018-06-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2017-07-13
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2017-06-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2016-06-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2015-09-10
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2015-06-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2014-10-24
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2009-10-02
    ➕
    MURRAY, Robin appointed
    secretary
  17. 2009-10-02
    ➕
    MURRAY, Helena appointed
    director
  18. 2009-10-02
    ➖
    MURRAY, Helena resigned
    secretary
  19. 2009-10-02
    ➖
    MURRAY, Robin Alistair resigned
    director
  20. 2006-12-29
    🔒
    Charge registered #4
    Lender: The Royal Bank of Scotland PLC
  21. 2000-05-10
    🔒
    Charge registered #3
    Lender: The Royal Bank of Scotland PLC
  22. 2000-03-16
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  23. 1999-07-27
    ➕
    MURRAY, Robin Alistair appointed
    director
  24. 1999-07-26
    ➕
    MURRAY, Helena appointed
    secretary
  25. 1999-07-12
    🏢
    Company incorporated
    As R & H PROPERTIES LTD.
  26. 1999-07-12
    ➕
    FORM 10 SECRETARIES FD LTD appointed
    corporate-nominee-secretary
  27. 1999-07-12
    ➖
    FORM 10 SECRETARIES FD LTD resigned
    corporate-nominee-secretary
  28. 1999-07-12
    ➕
    FORM 10 DIRECTORS FD LTD appointed
    corporate-nominee-director
  29. 1999-07-12
    ➖
    FORM 10 DIRECTORS FD LTD resigned
    corporate-nominee-director

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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 66 — succession pressure is live.

Succession & seller-readiness

88/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 17 years.
  • secondaryStable-but-static management: Company is 27 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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mrs Helana Murray
Individual · British · DOB 11/1960 · age 66
75–100%
75–100%board control75-100% shares · 75-100% voting · board control01/06/2016

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.

See pricing →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 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
Typeltd
Incorporated1999-07-12
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

C/O Murray Caravans
A905 Dunmore
Airth
Falkirk
FK2 8SA

Filing status

Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2026-07-26
Last: 2025-07-12

Officers (2 active · 4 resigned)

MURRAY, Robin→
secretary · appointed 2009-10-02
View their other companies + combined net worth →
Active
MURRAY, Helena→
director · ~66y · appointed 2009-10-02
View their other companies + combined net worth →
Active
MURRAY, Helena→
secretary · appointed 1999-07-26 · resigned 2009-10-02
Resigned
FORM 10 SECRETARIES FD LTD→
corporate-nominee-secretary · appointed 1999-07-12 · resigned 1999-07-12
Resigned
MURRAY, Robin Alistair→
director · ~79y · appointed 1999-07-27 · resigned 2009-10-02
Resigned
FORM 10 DIRECTORS FD LTD→
corporate-nominee-director · appointed 1999-07-12 · resigned 1999-07-12
Resigned

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

Mortgages & charges

3
Total charges
3
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property29/12/2006—
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property10/05/2000—
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property16/03/2000—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (73 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-06-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-08-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-08-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-06-28