REAF GP (SCOTLAND) LIMITED
🌳Matureactive
SC332037 · ltd · incorporated 2007-10-08
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.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Activities of venture and development capital companies
Sector: Financial & insurance
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 79/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
Data confidence
Overall: medium (56/100)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
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
11 officers (2 active, 11 linked, 8 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
71 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
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 (38 events)Click to expand
- 2025-10-15📄change-person-director-company-with-change-dateofficers · CH01
- 2025-09-30📄change-person-director-company-with-change-dateofficers · CH01
- 2025-08-27📄accounts-with-accounts-type-fullaccounts · AA
- 2024-08-29📄accounts-with-accounts-type-fullaccounts · AA
- 2023-09-29📄accounts-with-accounts-type-fullaccounts · AA
- 2023-07-11📄change-person-director-company-with-change-dateofficers · CH01
- 2023-01-11📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-01-11📄change-person-director-company-with-change-dateofficers · CH01
- 2023-01-11📄change-person-director-company-with-change-dateofficers · CH01
- 2023-01-11📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-10-25➖BROWN, Michael David resigneddirector
- 2022-09-26📄accounts-with-accounts-type-fullaccounts · AA
- 2021-09-07📄accounts-with-accounts-type-fullaccounts · AA
- 2021-04-22📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-04-01➕BROWN, Michael David appointeddirector
- 2021-01-19📄accounts-with-accounts-type-fullaccounts · AA
- 2020-09-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-08-13📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-06-01➕KILLIARD, Shelley Leeann appointeddirector
- 2020-06-01➖VERE NICOLL, Alastair Charles resigneddirector
- 2019-09-20📄accounts-with-accounts-type-fullaccounts · AA
- 2016-05-31➕KUNDI, Tarlochan Singh appointeddirector
- 2016-05-31➖ASTIER, Camille Louise Juliette resigneddirector
- 2016-05-31➕VERE NICOLL, Alastair Charles appointeddirector
- 2014-12-12➖NICOLL, Alastair Vere resignedsecretary
- 2014-12-12➕ASTIER, Camille Louise Juliette appointeddirector
- 2014-12-12➖KUNDI, Tarlochan Singh resigneddirector
- 2014-12-12➖NICOLL, Alastair Vere resigneddirector
- 2012-05-18➖SMITH, Jeremy James Grefory resigneddirector
- 2009-12-09➕NICOLL, Alastair Vere appointedsecretary
- 2009-12-09➖BURNESS LLP resignedcorporate-secretary
- 2007-10-08🏢Company incorporatedAs REAF GP (SCOTLAND) LIMITED
- 2007-10-08➕BURNESS LLP appointedcorporate-secretary
- 2007-10-08➕KUNDI, Tarlochan Singh appointeddirector
- 2007-10-08➕NICOLL, Alastair Vere appointeddirector
- 2007-10-08➕SMITH, Jeremy James Grefory appointeddirector
- 2007-10-08➕BURNESS (DIRECTORS) LIMITED appointedcorporate-director
- 2007-10-08➖BURNESS (DIRECTORS) LIMITED resignedcorporate-director
Owner dependency
66/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 63 — approaching natural succession window.
Succession & seller-readiness
66/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondaryStable-but-static management: Company is 19 years old and no new directors in the last 3 years — succession not yet being planned internally.
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
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Tarlochan Singh Kundi Individual · British · DOB 11/1963 · age 63 | — | 50–75% | 50-75% voting | 10/09/2016 |
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 · Financial services · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| PEGASUS MORTGAGE LTD→ SC643111 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| PLAN IT AND PROSPER LTD→ SC866683 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| PROPERTY LAW CENTRE LIMITED→ SC348791 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| PROSPER SOCIAL FINANCE CIC→ SC588686 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| RAUDS MORTGAGE SOLUTIONS LTD→ SC753447 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| RBK GROUP LTD→ SC726876 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| RBK WEALTH MANAGEMENT LTD→ SC194146 · est 1999 · no financials extracted | — | — | — | — | 27y | — | — |
| RBS COLLECTIVE INVESTMENT FUNDS LIMITED→ SC046694 · est 1969 · no financials extracted | — | — | — | — | 56y | — | — |
| RENTON WEALTH MANAGEMENT LTD→ SC666842 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| REPEL LTD→ SC689351 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| RESIDUAL SECURITIES LIMITED→ SC531284 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| RHUFAADA LIMITED→ SC827129 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
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
Typeltd
Incorporated2007-10-08
Jurisdictionscotland
Primary SIC64303 — Activities of venture and development capital companies
Registered office
50 Lothian Road
Festival Square
Edinburgh
EH3 9WJ
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-10-21
Last: 2025-10-07
Officers (2 active · 9 resigned)
KILLIARD, Shelley Leeann→
Activedirector · ~43y · appointed 2020-06-01
View their other companies + combined net worth →
KUNDI, Tarlochan Singh→
Activedirector · ~63y · appointed 2016-05-31
View their other companies + combined net worth →
NICOLL, Alastair Vere→
Resignedsecretary · appointed 2009-12-09 · resigned 2014-12-12
BURNESS LLP→
Resignedcorporate-secretary · appointed 2007-10-08 · resigned 2009-12-09
ASTIER, Camille Louise Juliette→
Resigneddirector · ~49y · appointed 2014-12-12 · resigned 2016-05-31
BROWN, Michael David→
Resigneddirector · ~50y · appointed 2021-04-01 · resigned 2022-10-25
KUNDI, Tarlochan Singh→
Resigneddirector · ~63y · appointed 2007-10-08 · resigned 2014-12-12
NICOLL, Alastair Vere→
Resigneddirector · ~53y · appointed 2007-10-08 · resigned 2014-12-12
SMITH, Jeremy James Grefory→
Resigneddirector · ~52y · appointed 2007-10-08 · resigned 2012-05-18
VERE NICOLL, Alastair Charles→
Resigneddirector · ~52y · appointed 2016-05-31 · resigned 2020-06-01
BURNESS (DIRECTORS) LIMITED→
Resignedcorporate-director · appointed 2007-10-08 · resigned 2007-10-08
Click a director name to see their full track record across all companies.
Recent filings (71 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-28
change-person-director-company-with-change-date
officers · CH01
2025-10-15
change-person-director-company-with-change-date
officers · CH01
2025-09-30
accounts-with-accounts-type-full
accounts · AA
2025-08-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-07
accounts-with-accounts-type-full
accounts · AA
2024-08-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-16
accounts-with-accounts-type-full
accounts · AA
2023-09-29
change-person-director-company-with-change-date
officers · CH01
2023-07-11
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-01-11
change-person-director-company-with-change-date
officers · CH01
2023-01-11
change-person-director-company-with-change-date
officers · CH01
2023-01-11
termination-director-company-with-name-termination-date
officers · TM01
2023-01-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-21
accounts-with-accounts-type-full
accounts · AA
2022-09-26