GEORGE READER PROPERTY HOLDINGS LIMITED

💤Zombieactive
SC327141 · ltd · incorporated 2007-07-03
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 2026
Net worth
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pursue
Active trading company with a 65-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (83/100, director aged 65). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

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
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (1 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
47 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
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£0Mar 2025Mar 2026

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2026-03-312025-03-31

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

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 (19 events)Click to expand
  1. 2026-04-28
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2025-10-20
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  3. 2025-09-20
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2024-05-09
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2023-04-25
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2022-04-25
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2021-05-01
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2020-05-06
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2019-05-09
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2018-05-10
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2017-07-14
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2016-06-03
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2015-07-10
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2015-05-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2014-07-03
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2011-10-14
    FRANCES, Reader resigned
    secretary
  17. 2007-07-03
    🏢
    Company incorporated
    As GEORGE READER PROPERTY HOLDINGS LIMITED
  18. 2007-07-03
    READER, George appointed
    director
  19. 2007-07-03
    FRANCES, Reader 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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Founder name in company name: Company name contains director surname "READER" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 65 — 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 65. 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 19 years.
  • secondaryStable-but-static management: Company is 19 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

1 med ·
Name changed recently
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2025-10-20: certificate-change-of-name-company

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr George Reader
Individual · British · DOB 06/1961 · age 65
board controlsig. influenceboard control · significant influence · trust interest · firm interest06/04/2016

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 →

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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.

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Company details

Statusactive
Typeltd
Incorporated2007-07-03
Jurisdictionscotland
Primary SIC99999 — SIC 99999

Registered office

35 Athole Gardens
Dowanhill
Glasgow
Lanarkshire
G12 9BD

Filing status

Accounts
Next due: 2027-12-31
Last made up to: 2026-03-31
Confirmation statement
Next due: 2026-07-17
Last: 2025-07-03

Officers (1 active · 1 resigned)

READER, George
director · ~65y · appointed 2007-07-03
View their other companies + combined net worth →
Active
FRANCES, Reader
secretary · appointed 2007-07-03 · resigned 2011-10-14
Resigned

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

Recent filings (47 total)

accounts-with-accounts-type-dormant
accounts · AA
2026-04-28
certificate-change-of-name-company
change-of-name · CERTNM
2025-10-20
accounts-with-accounts-type-dormant
accounts · AA
2025-09-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-10
accounts-with-accounts-type-dormant
accounts · AA
2024-05-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-13
accounts-with-accounts-type-dormant
accounts · AA
2023-04-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-08
accounts-with-accounts-type-dormant
accounts · AA
2022-04-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-05
accounts-with-accounts-type-dormant
accounts · AA
2021-05-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-07-03
accounts-with-accounts-type-dormant
accounts · AA
2020-05-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-07-12