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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 27.2y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Oct 2024
Net worth
£1.31M
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: SIC 46140
Sector: Wholesale & retail
Investor take
PursueAsset-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 27.2y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 27.2 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
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
4 officers (2 active, 4 linked, 2 with DOB)
80
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
81 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
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 · accounting standard not declaredPositive net assets
Net assets £1,307,745
Cash YoY
+16%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
- 2025-03-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-03-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-05-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-03-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-02-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-03-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-03-14📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-04-06📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-11-09📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-02-18📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2014-10-26📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-01-24📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2013-11-10📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2009-07-21➖RICHARD,COUTTS & PALFREY, Messrs resignedsecretary
- 2003-11-15🔓Charge satisfied #1
- 2000-09-18➖RICHARD, Venessa Ann resignedsecretary
- 2000-09-01➕RICHARD,COUTTS & PALFREY, Messrs appointedsecretary
- 1999-01-31🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 1997-10-22🏢Company incorporatedAs SIMON RICHARD LIMITED
- 1997-10-22➕RICHARD, Simon John Miller appointeddirector
- 1997-10-22➕RICHARD, Venessa Ann appointednominee-director
- 1997-10-22➕RICHARD, Venessa Ann appointedsecretary
Owner dependency
100/100
Critical — business is the founderThe 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 candidateStrong 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
cleanNo 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 |
|---|---|---|---|---|---|---|---|
| J. W. FORD & SON LIMITED→ SC572224 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| JOHN MANNERS LIMITED→ 05460464 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| LILIDOREI LICENSING LIMITED→ 16284459 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| MY7 WHOLESALE LIMITED→ SC671671 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| NORTHERN INDUSTRIAL ELASTOMERS LIMITED→ 02728982 · est 1992 · no financials extracted | — | — | — | — | 33y | — | — |
| NORTHUMBRIAN DISTRIBUTION LIMITED→ 12269913 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| PEONY AND SAGE LTD→ 10621709 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| R CURLE & SONS (LIVESTOCK) LIMITED→ 02529546 · est 1990 · no financials extracted | — | — | — | — | 35y | — | — |
| RGR TRADING LTD→ SC772074 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| SCOTWAY LTD→ SC517707 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| SOURCINGTRENDS LTD→ SC878299 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| SPANISH HANDS LIMITED→ SC616315 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
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.
See pricing →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→
Activedirector · ~66y · appointed 1997-10-22
View their other companies + combined net worth →
RICHARD, Venessa Ann→
Activenominee-director · ~70y · appointed 1997-10-22
View their other companies + combined net worth →
RICHARD, Venessa Ann→
Resignedsecretary · appointed 1997-10-22 · resigned 2000-09-18
RICHARD,COUTTS & PALFREY, Messrs→
Resignedsecretary · appointed 2000-09-01 · resigned 2009-07-21
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
0
Outstanding
0
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 |
Recent filings (81 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-03-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-11-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-02-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-11-08