RIVER RECORDS LIMITED

🌳Matureactive

SC200911 · ltd · incorporated 1999-10-21

Investment thesis

Established operating company — standard diligence applies, no dominant angle.

Why interesting: Live, filing, normal profile.

Why risky: No standout signals in either direction.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Nov 2024

Net worth

£-11.4k

book net assets

Opportunity

72/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: SIC 47630

Sector: Wholesale & retail

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

Opportunity 72/100 (strong), bankability 65/100. Strong seller-intent signal (78/100, director aged 74). Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (65/100).

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

Confirmed no charges registered

Directors & officers

19 officers (3 active, 19 linked, 14 with DOB)

Ownership & PSC

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

Director network

4 connected companies via shared directors

Filing history

114 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

72/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Some moderate concerns — review flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Negative net assets

Liabilities exceed assets by £11,420

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

-£11k

Current Assets

£18k

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2024-11-28	2023-11-28
Total assets	£-11.4k	—
Current assets	£18.4k	—
Net assets	£-11.4k	—
Average employees	—	200

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

filing

• 1 gazette

Last 90 days

filing

• 1 gazette

Last 180 days

filing

• 1 gazette

Counts from Companies House filing history.

Corporate timeline (55 events)Click to expand

2026-05-12
📄
gazette-notice-compulsory
gazette · GAZ1
2025-11-03
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-18
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-14
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-04
📄
gazette-filings-brought-up-to-date
gazette · DISS40
2023-10-24
📄
gazette-notice-compulsory
gazette · GAZ1
2022-08-10
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-02-14
📄
change-person-director-company-with-change-date
officers · CH01
2022-02-14
📄
change-person-director-company-with-change-date
officers · CH01
2022-02-14
📄
change-person-secretary-company-with-change-date
officers · CH03
2021-11-24
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-01-08
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-01-08
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2020-12-21
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-11-27
📄
change-account-reference-date-company-current-shortened
accounts · AA01
2020-03-23
📄
legacy
miscellaneous · RP04CS01
2019-12-04
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-08-30
📄
change-account-reference-date-company-previous-shortened
accounts · AA01
2019-06-18
📄
change-person-director-company-with-change-date
officers · CH01
2007-02-26
➕
DEVLIN, Elizabeth Greig appointed
secretary
2007-01-16
➖
ELSDON, Kate resigned
secretary
2007-01-16
➖
ELLIOT, Richard Emmerson resigned
director
2006-11-09
➕
DEVLIN, Elizabeth Greig appointed
director
2006-11-08
➖
COONEY, Paul Francis resigned
director
2006-11-08
➖
CRAMPSEY, Siobhan resigned
director
2006-11-08
➖
FORD, Deidre Ann resigned
director
2006-07-21
➕
ELLIOT, Richard Emmerson appointed
director
2006-05-31
➕
ELSDON, Kate appointed
secretary
2006-05-31
➖
TAMES, Jane Elizabeth Anne resigned
secretary
2005-12-23
➖
GOODE, David Graham resigned
director
2005-10-01
➕
FORD, Deidre Ann appointed
director
2005-09-30
➖
FINDLAY, Richard resigned
director
2005-09-30
➖
WILKIE, Alexander Joseph Holden resigned
director
2004-07-02
➕
DEVLIN, James Quinn appointed
director
2003-03-10
➕
CRAMPSEY, Siobhan appointed
director
2003-03-10
➕
FINDLAY, Richard appointed
director
2003-03-10
➖
ROBINSON, Gary Wayne resigned
director
2003-03-10
➖
WILSON, Alan Raeburn resigned
director
2001-02-20
➖
BOWMAN, John Reid resigned
director
2001-02-20
➕
COONEY, Paul Francis appointed
director
2001-02-20
➖
FINDLAY, Richard resigned
director
2001-02-20
➕
GOODE, David Graham appointed
director
2001-02-20
➕
ROBINSON, Gary Wayne appointed
director
2001-02-20
➕
WILKIE, Alexander Joseph Holden appointed
director
2000-08-14
➖
JOHNSTON, David Melville Steele resigned
director
1999-12-06
➕
TAMES, Jane Elizabeth Anne appointed
secretary
1999-12-06
➖
COMLAW SECRETARY LIMITED resigned
corporate-secretary
1999-12-06
➕
BOWMAN, John Reid appointed
director
1999-12-06
➕
FINDLAY, Richard appointed
director
1999-12-06
➕
JOHNSTON, David Melville Steele appointed
director

Showing most recent 50 of 55 events

Owner dependency

91/100

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.
+Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 74 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

91/100

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 74 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 22 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 27 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high ·

Confirmation statement overdue

high

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

Evidence: Next due: 2026-02-14

Shareholders & ownership

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mrs Elizabeth Greig Devlin Individual · British · DOB 09/1952 · age 74	25–50%	25–50%	25-50% shares · 25-50% voting	06/04/2016
Mr James Quinn Devlin Individual · British · DOB 11/1952 · age 74	25–50%	25–50%	25-50% shares · 25-50% voting	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 · Retail · EH postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
R PLANET ONLINE LIMITED→ SC748743 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
R&Y CONVENIENCE STORE LTD.→ SC584009 · est 2017 · no financials extracted	—	—	—	—	8y	—	—
RICHARD F. MACKAY LIMITED→ SC022703 · est 1944 · no financials extracted	—	—	—	—	82y	—	—
RIGA CONVIENCE STORE LTD→ SC867841 · est 2025 · no financials extracted	—	—	—	—	—	—	—
RIGHT CHOICE BLINDS LTD→ SC765116 · est 2023 · no financials extracted	—	—	—	—	3y	—	—
RIZIQ ONLINE RETAIL LTD→ SC774220 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
ROCKET GLOBAL MARKETING LTD→ SC636695 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
ROCKIN DIMENSION LTD→ SC808148 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
ROOT AND BRANCH ARBORICULTURE LTD→ SC516622 · est 2015 · no financials extracted	—	—	—	—	10y	—	—
ROOT DOWN FRUIT & VEG LIMITED→ SC665069 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
ROSE HEART APOTHECARY LTD→ SC834434 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
ROSEVEAR TEA GROUP LIMITED→ SC578882 · est 2017 · no financials extracted	—	—	—	—	8y	—	—

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

8 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

Incorporated1999-10-21

Jurisdictionscotland

Primary SIC47630 — SIC 47630

Registered office

Exchange Tower, 19 Canning Street

Edinburgh

EH3 8EH

Scotland

Filing status

Accounts

Next due: 2026-08-28

Last made up to: 2024-11-28

Confirmation statement

Next due: 2026-02-14OVERDUE

Last: 2025-01-31

Officers (3 active · 16 resigned)

DEVLIN, Elizabeth Greig→

secretary · appointed 2007-02-26

View their other companies + combined net worth →

Active

DEVLIN, Elizabeth Greig→

director · ~74y · appointed 2006-11-09

View their other companies + combined net worth →

Active

DEVLIN, James Quinn→

director · ~74y · appointed 2004-07-02

View their other companies + combined net worth →

Active

ELSDON, Kate→

secretary · appointed 2006-05-31 · resigned 2007-01-16

Resigned

TAMES, Jane Elizabeth Anne→

secretary · appointed 1999-12-06 · resigned 2006-05-31

Resigned

COMLAW SECRETARY LIMITED→

corporate-secretary · appointed 1999-10-21 · resigned 1999-12-06

Resigned

BOWMAN, John Reid→

director · ~70y · appointed 1999-12-06 · resigned 2001-02-20

Resigned

COONEY, Paul Francis→

director · ~70y · appointed 2001-02-20 · resigned 2006-11-08

Resigned

CRAMPSEY, Siobhan→

director · ~62y · appointed 2003-03-10 · resigned 2006-11-08

Resigned

ELLIOT, Richard Emmerson→

director · ~60y · appointed 2006-07-21 · resigned 2007-01-16

Resigned

FINDLAY, Richard→

director · ~83y · appointed 2003-03-10 · resigned 2005-09-30

Resigned

FINDLAY, Richard→

director · ~83y · appointed 1999-12-06 · resigned 2001-02-20

Resigned

FORD, Deidre Ann→

director · ~66y · appointed 2005-10-01 · resigned 2006-11-08

Resigned

GOODE, David Graham→

director · ~79y · appointed 2001-02-20 · resigned 2005-12-23

Resigned

JOHNSTON, David Melville Steele→

director · ~72y · appointed 1999-12-06 · resigned 2000-08-14

Resigned

ROBINSON, Gary Wayne→

director · ~57y · appointed 2001-02-20 · resigned 2003-03-10

Resigned

WILKIE, Alexander Joseph Holden→

director · ~78y · appointed 2001-02-20 · resigned 2005-09-30

Resigned

WILSON, Alan Raeburn→

director · ~78y · appointed 1999-12-06 · resigned 2003-03-10

Resigned

COMLAW DIRECTORS LIMITED→

corporate-nominee-director · appointed 1999-10-21 · resigned 1999-12-06

Resigned

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

Recent filings (114 total)

gazette-notice-compulsory

gazette · GAZ1

2026-05-12

accounts-with-accounts-type-micro-entity

accounts · AA

2025-11-03

confirmation-statement-with-updates

confirmation-statement · CS01

2025-02-26

accounts-with-accounts-type-micro-entity

accounts · AA

2024-09-18

confirmation-statement-with-updates

confirmation-statement · CS01

2024-02-01

accounts-with-accounts-type-micro-entity

accounts · AA

2023-11-14

gazette-filings-brought-up-to-date

gazette · DISS40

2023-11-04

gazette-notice-compulsory

gazette · GAZ1

2023-10-24

confirmation-statement-with-updates

confirmation-statement · CS01

2023-02-14

accounts-with-accounts-type-micro-entity

accounts · AA

2022-08-10

confirmation-statement-with-updates

confirmation-statement · CS01

2022-02-14

change-person-director-company-with-change-date

officers · CH01

2022-02-14

change-person-director-company-with-change-date

officers · CH01

2022-02-14

change-person-secretary-company-with-change-date

officers · CH03

2022-02-14

accounts-with-accounts-type-micro-entity

accounts · AA

2021-11-24