RINGTAIL ENGINEERING LIMITED
⚰️Wound downliquidation
03021310 · ltd · incorporated 1995-02-14
Investment thesis
Company liquidation — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
39/100
Watch
What this business does
Primary activity: SIC 2875
Sector: Manufacturing
Investor take
Pass (distressed without resilience)Distressed low-transparency controlled group — structural issues outweigh the discount.
Opportunity 39/100 (watch), bankability 12/100. Strong seller-intent signal (78/100, director aged 73). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: asset disposal / carve-out (90/100). Current lenders should be on immediate intervention.
🏦
Refinance opportunity
3 live charges · 3 lenders · oldest 29.7y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 29.7 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 55/100 (high).
Data confidence
Overall: low (47/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 2 with DOB)
77
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
1 connected companies via shared directors
48
Filing history
45 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
39/100Watch
PassWatchWorth a lookStrongExceptional
Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.
Business quality
0
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
13
Multiple red flags — proceed with caution.
Signal strength
100
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 (39 events)Click to expand
- 2003-10-08📄court-ordermiscellaneous · OC-DV
- 2002-04-29⚠️legacyinsolvency · LIQ
- 2002-01-29⚠️liquidation-compulsory-completioninsolvency · L64.07
- 2001-10-05⚠️liquidation-compulsory-winding-up-orderinsolvency · COCOMP
- 2001-09-28⚠️liquidation-administration-administrators-abstracts-of-receipts-and-paymentsinsolvency · 2.15
- 2001-09-19⚠️liquidation-compulsory-winding-up-orderinsolvency · COCOMP
- 2001-09-19⚠️liquidation-administration-discharge-of-administration-orderinsolvency · 2.19
- 2001-06-05⚠️liquidation-administration-administrators-abstracts-of-receipts-and-paymentsinsolvency · 2.15
- 2000-11-23⚠️liquidation-administration-administrators-abstracts-of-receipts-and-paymentsinsolvency · 2.15
- 2000-05-30⚠️liquidation-administration-administrators-abstracts-of-receipts-and-paymentsinsolvency · 2.15
- 1999-11-16⚠️liquidation-administration-administrators-abstracts-of-receipts-and-paymentsinsolvency · 2.15
- 1999-06-01⚠️liquidation-administration-administrators-abstracts-of-receipts-and-paymentsinsolvency · 2.15
- 1998-11-16⚠️liquidation-administration-administrators-abstracts-of-receipts-and-paymentsinsolvency · 2.15
- 1998-08-11⚠️liquidation-administration-variation-of-administration-orderinsolvency · 2.20
- 1998-08-10⚠️liquidation-administration-proposalsinsolvency · 2.21
- 1998-08-10⚠️liquidation-administration-meeting-of-creditorsinsolvency · 2.23
- 1998-08-10⚠️liquidation-administration-orderinsolvency · 2.7
- 1998-08-10⚠️liquidation-administration-notice-of-administration-orderinsolvency · 2.6
- 1998-06-12📍legacyaddress · 287
- 1998-04-27📄legacymortgage · 395
- 1998-04-23🔒Charge registered #3Lender: Clarence John Norburn
- 1998-04-16📄legacyofficers · 288b
- 1998-04-08➖LEE, Geoffrey Herbert resigneddirector
- 1998-02-19📄legacyannual-return · 363s
- 1997-12-05📄legacycapital · 88(2)R
- 1997-10-16📄legacycapital · 88(2)R
- 1997-09-12📄legacymortgage · 395
- 1997-09-10🔒Charge registered #2Lender: Lombard Natwest Factors Limited
- 1997-06-24➕LEE, Geoffrey Herbert appointeddirector
- 1996-11-07🔒Charge registered #1Lender: National Westminster Bank PLC
- 1995-02-14🏢Company incorporatedAs RINGTAIL ENGINEERING LIMITED
- 1995-02-14➕HANKEY, Michael appointedsecretary
- 1995-02-14➕NORBURN, David John appointeddirector
- 1995-02-14➕COMBINED SECRETARIAL SERVICES LIMITED appointedcorporate-nominee-secretary
- 1995-02-14➖COMBINED SECRETARIAL SERVICES LIMITED resignedcorporate-nominee-secretary
- 1995-02-14➕COMBINED NOMINEES LIMITED appointedcorporate-nominee-director
- 1995-02-14➖COMBINED NOMINEES LIMITED resignedcorporate-nominee-director
- 1995-02-14➕COMBINED SECRETARIAL SERVICES LIMITED appointedcorporate-nominee-director
- 1995-02-14➖COMBINED SECRETARIAL SERVICES LIMITED resignedcorporate-nominee-director
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
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 31 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 73 — succession pressure is live.
Succession & seller-readiness
100/100
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 73 years old. Natural succession window is now.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 31 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 31 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
4 high ·Accounts overdue
highStatutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2004-09-30
Confirmation statement overdue
highAnnual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2017-02-28
Company in liquidation
highCompany is actively being wound up. Not a going concern.
17 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2002-04-29: legacy; 2002-01-29: liquidation-compulsory-completion
🔒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 · Manufacturing · L postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BASE HOMECARE LTD→ 12068140 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| BEACH GARAGE LTD→ 10651803 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| BELVEDERE NOIRE LIMITED→ 12151444 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| BEVERSTON ENGINEERING LIMITED→ 01170773 · est 1974 · no financials extracted | — | — | — | — | 51y | — | — |
| BLACKHURST AND CO. LTD→ 14851408 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BLACKSTOCK MARBLE AND GRANITE LTD→ 17026275 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| BLF JOINERY LIMITED→ 06880048 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
| BM ENERGY LIMITED→ 15338284 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BMVS (MERSEYSIDE) LTD→ 11653913 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| BOOTLE GLASS COMPANY LIMITED→ 04782684 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| BORDER CORDAGE LIMITED→ 04475557 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| BORN WILD VANS LTD→ 14797732 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
14 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
Statusliquidation
Typeltd
Incorporated1995-02-14
Jurisdictionengland-wales
Primary SIC2875 — SIC 2875
Registered office
Units A-D Plantation Road
Burscough Industrial Estate
Ormskirk
Lancashire
L40 8JB
Filing status
Accounts
Next due: 2004-09-30OVERDUE
Last made up to: —
Confirmation statement
Next due: 2017-02-28OVERDUE
Last: —
Officers (2 active · 4 resigned)
Active
NORBURN, David John→
Activedirector · ~73y · appointed 1995-02-14
View their other companies + combined net worth →
COMBINED SECRETARIAL SERVICES LIMITED→
Resignedcorporate-nominee-secretary · appointed 1995-02-14 · resigned 1995-02-14
LEE, Geoffrey Herbert→
Resigneddirector · ~85y · appointed 1997-06-24 · resigned 1998-04-08
COMBINED NOMINEES LIMITED→
Resignedcorporate-nominee-director · appointed 1995-02-14 · resigned 1995-02-14
COMBINED SECRETARIAL SERVICES LIMITED→
Resignedcorporate-nominee-director · appointed 1995-02-14 · resigned 1995-02-14
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
3
Outstanding
3
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Clarence John Norburn | Debenture | 1 property | 23/04/1998 | — | |
| outstanding | NatWest Group Lombard Natwest Factors Limited | Fixed charge on debts and related rights | 1 property | 10/09/1997 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Mortgage debenture | 1 property | 07/11/1996 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (45 total)
court-order
miscellaneous · OC-DV
2003-10-08
legacy
insolvency · LIQ
2002-04-29
liquidation-compulsory-completion
insolvency · L64.07
2002-01-29
liquidation-compulsory-winding-up-order
insolvency · COCOMP
2001-10-05
liquidation-administration-administrators-abstracts-of-receipts-and-payments
insolvency · 2.15
2001-09-28
liquidation-compulsory-winding-up-order
insolvency · COCOMP
2001-09-19
liquidation-administration-discharge-of-administration-order
insolvency · 2.19
2001-09-19
liquidation-administration-administrators-abstracts-of-receipts-and-payments
insolvency · 2.15
2001-06-05
liquidation-administration-administrators-abstracts-of-receipts-and-payments
insolvency · 2.15
2000-11-23
liquidation-administration-administrators-abstracts-of-receipts-and-payments
insolvency · 2.15
2000-05-30
liquidation-administration-administrators-abstracts-of-receipts-and-payments
insolvency · 2.15
1999-11-16
liquidation-administration-administrators-abstracts-of-receipts-and-payments
insolvency · 2.15
1999-06-01
liquidation-administration-administrators-abstracts-of-receipts-and-payments
insolvency · 2.15
1998-11-16
liquidation-administration-variation-of-administration-order
insolvency · 2.20
1998-08-11
liquidation-administration-proposals
insolvency · 2.21
1998-08-10