R WORKS PROPERTY LTD

🌱Startupactive
SC822297 · ltd · incorporated 2024-09-10
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 Aug 2025
Net worth
book net assets
Opportunity
70/100
Strong
🔔
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What this business does
Primary activity: Residents property management
Sector: Activities of households
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.

Opportunity 70/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (58/100).

Data confidence

Overall: medium (69/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
9 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-08-31

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
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
  • 1 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (11 events)Click to expand
  1. 2025-10-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2025-08-20
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  3. 2024-09-10
    🏢
    Company incorporated
    As R WORKS PROPERTY LTD
  4. 2024-09-10
    REID, Christopher appointed
    director
  5. 2024-09-10
    BERKHOUT, Jozef Nicolaas Maria appointed
    director
  6. 2024-09-10
    BERKHOUT, Jozef Nicolaas Maria resigned
    director
  7. 2024-09-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2024-09-10
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  9. 2024-09-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2024-09-10
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  11. 2024-09-10
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

80/100
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.
  • +Young company: Only 1.6 years old — management layer unlikely to be developed.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

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
Mr Christopher Reid
Individual · British · DOB 12/1993 · age 33
75100%
75–100%board control75-100% shares · 75-100% voting · board control10/09/2024
1 historic (ceased) PSC
  • Mr Jozef Nicolaas Maria Berkhoutceased 10/09/2024· 75-100% shares · 75-100% voting · board control

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2024-09-10
Jurisdictionscotland
Primary SIC98000 — Residents property management

Registered office

Unit B Heal Court North Tay Complex
Balfield Road
Dundee
DD3 6AG
Scotland

Filing status

Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2026-09-24
Last: 2025-09-10

Officers (1 active · 1 resigned)

REID, Christopher
director · ~33y · appointed 2024-09-10
View their other companies + combined net worth →
Active
BERKHOUT, Jozef Nicolaas Maria
director · ~64y · appointed 2024-09-10 · resigned 2024-09-10
Resigned

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

Recent filings (9 total)

accounts-with-accounts-type-dormant
accounts · AA
2025-10-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-29
change-account-reference-date-company-current-shortened
accounts · AA01
2025-08-20
confirmation-statement-with-updates
confirmation-statement · CS01
2024-09-10
termination-director-company-with-name-termination-date
officers · TM01
2024-09-10
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-09-10
appoint-person-director-company-with-name-date
officers · AP01
2024-09-10
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-09-10
incorporation-company
incorporation · NEWINC
2024-09-10