A.1. ROPES & RIGGING LIMITED
💤Zombieactive
02486685 · ltd · incorporated 1990-03-29
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.
Why now
Window steady · high confidence
Thesis has shifted recently — watch for confirmation.
- · Lifecycle stage: mature → zombie
- · Investment thesis: unclassified → zombie_hold
- · Hygiene score: 70 → 85
- · Deal-killer verdict: clean → complicated
Opportunity decay
drifting distress · 6-months
Drifting toward distress — expect more negotiability in 3–6 months, but also more friction.
- · Lifecycle stage drifting downward
- · Currently "zombie"
What changed my view
Last 30 days
Mixed signals in the last 30 days — 3 improved, 2 worsened.
- ↓Lifecycle stage: mature → zombie
- ·Investment thesis: unclassified → zombie_hold
- ↓Deal-killer verdict: clean → complicated
- ↑Hygiene score: 70 → 85
- ↑Bankability: 57 → 67
- +2 more
Last 90 days
No snapshot from 90 days ago — start tracking from today.
Last 180 days
No snapshot from 180 days ago — start tracking from today.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Sept 2025
Net worth
£712.4k
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: SIC 13940
Sector: Manufacturing
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 72/100 (strong), bankability 67/100. Strong seller-intent signal (68/100, director aged 57). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
5 live charges · 3 lenders · oldest 30.0y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 30.0 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (84/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
3 years of iXBRL accounts extracted + narrative notes parsed
95
Lenders & charges
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
4 officers (2 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
99 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
69
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £712,399
Cash YoY
+252%
Year on year
Key financials
3 years extracted from filed iXBRL accountsCash
£50k
↑ 252% YoY
Net Worth
£712k
↑ 9.8% YoY
Current Assets
£171k
↑ 68% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-09-30 | 2024-09-30 | 2023-09-30 |
|---|---|---|---|
| Total assets | £739.9k | £686.1k | £783.6k |
| Current assets | £171.5k | £101.9k | £150.7k |
| Cash | £49.5k | £14.1k | £67.5k |
| Debtors | £54.5k | £43.7k | £62.9k |
| Net assets | £712.4k | £648.6k | £736.1k |
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
1
filing
- • 1 accounts
Last 90 days
10
filings
- • 4 persons-with-significant-control
- • 3 officers
- • 2 confirmation-statement
Last 180 days
10
filings
- • 4 persons-with-significant-control
- • 3 officers
- • 2 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
- 2026-06-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2026-06-04📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2026-05-26📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-05-12📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-05-12📄change-person-director-company-with-change-dateofficers · CH01
- 2026-05-12📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-05-11📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2026-05-11📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-05-08➖GARNETT, Keith resigneddirector
- 2026-05-08➖GARNETT, Mary resigneddirector
- 2025-06-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-06-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-06-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-06-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-06-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-06-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-06-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-06-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2012-05-04🔒Charge registered #5Lender: Barclays Bank PLC
- 2012-03-13🔓Charge satisfied #4
- 2012-03-13🔓Charge satisfied #3
- 2012-03-13🔓Charge satisfied #2
- 2012-03-13🔓Charge satisfied #1
- 2009-10-01➕GARNETT, Paul Simon appointeddirector
- 2005-06-21🔒Charge registered #4Lender: Hsbc Bank PLC
- 2001-06-30🔒Charge registered #3Lender: Hsbc Bank PLC
- 1996-07-26🔒Charge registered #2Lender: Lloyds Bank PLC
- 1996-07-11🔒Charge registered #1Lender: Lloyds Bank PLC
- 1990-03-29🏢Company incorporatedAs A.1. ROPES & RIGGING LIMITED
Owner dependency
85/100
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
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
68/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 17 years.
- secondaryStable-but-static management: Company is 36 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
2 med ·2 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: GARNETT, Keith resigned 2026-05-08; GARNETT, Mary resigned 2026-05-08
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Paul Simon Garnett Individual · British · DOB 01/1969 · age 57 | 75–100% | — | 75-100% shares | 09/05/2026 |
2 historic (ceased) PSCs
- Mr Paul Simon Garnettceased 08/05/2026· 75-100% shares
- Mr Keith Garnettceased 08/05/2026· significant influence
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Manufacturing · KT postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BDH CENTRELESS LIMITED→ 04354372 · est 2002 · no financials extracted | — | — | — | — | 24y | — | — |
| BE-DO PROJECTS LIMITED→ 10153100 · est 2016 | — | — | £-3.6k | — | 9y | — | — |
| BEAVER DAM WOODWORK LTD→ 13852863 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| BEL AIRE LTD→ 13931964 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| BETCHWORTH FORGE LIMITED→ 10408888 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| BGFURNITURE LTD→ 12049408 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| BHARAT TECHNOLOGY LIMITED→ 16268697 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| BINFIELD PRINTERS LIMITED→ 01202184 · est 1975 · no financials extracted | — | — | — | — | 51y | — | — |
| BIOVETIS LTD→ 16771357 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BLESSCHARM LIMITED→ 02810875 · est 1993 · no financials extracted | — | — | — | — | 32y | — | — |
| BLING LONDON LIMITED→ 16562364 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BLUE CLOUD GRAPHICS LTD→ 12723432 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
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
Incorporated1990-03-29
Jurisdictionengland-wales
Primary SIC13940 — SIC 13940
Registered office
The Rope House
39a Wheatash Road
Addlestone
Surrey
KT15 2ES
Filing status
Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2027-05-28
Last: 2026-05-14
Officers (2 active · 2 resigned)
Active
GARNETT, Paul Simon→
Activedirector · ~57y · appointed 2009-10-01
View their other companies + combined net worth →
GARNETT, Keith→
Resigneddirector · ~83y · resigned 2026-05-08
GARNETT, Mary→
Resigneddirector · ~83y · resigned 2026-05-08
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
1
Outstanding
1
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Barclays Barclays Bank PLC | Legal charge | 1 property | 04/05/2012 | — | |
| satisfied | HSBC Hsbc Bank PLC | Debenture | 1 property | 21/06/2005 | 13/03/2012 | |
| satisfied | HSBC Hsbc Bank PLC | Legal mortgage | 1 property | 30/06/2001 | 13/03/2012 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | Mortgage deed | 1 property | 26/07/1996 | 13/03/2012 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | Debenture deed | 1 property | 11/07/1996 | 13/03/2012 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (99 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-06-29
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-06-04
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-05-26
confirmation-statement-with-updates
confirmation-statement · CS01
2026-05-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-13
termination-director-company-with-name-termination-date
officers · TM01
2026-05-12
change-person-director-company-with-change-date
officers · CH01
2026-05-12
termination-director-company-with-name-termination-date
officers · TM01
2026-05-12
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-05-11
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-05-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-29