RED RIDGE RESIDENTIAL LIMITED
Opportunity 79/100 (strong), bankability 57/100. Strong seller-intent signal (83/100, director aged 69). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 11 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (45/100).
Refinance opportunity
39 live charges · 10 lenders · oldest 25.4y
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 25.4 years old — likely at or near maturity.
- · 10 lenders named — inter-creditor friction likely.
- · Legal-friction score 50/100 (high).
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-08-31 | 2024-08-31 |
|---|---|---|
| Total assets | — | £3.23M |
| Current assets | — | £561.5k |
| Cash | — | £17.8k |
| Debtors | — | £543.7k |
| Net assets | — | £2.09M |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
- • 4 mortgage
- • 1 confirmation-statement
- • 1 accounts
- • 4 mortgage
- • 1 confirmation-statement
- • 1 accounts
- • 4 mortgage
- • 1 confirmation-statement
- • 1 accounts
Corporate timeline (113 events)Click to expand
- 2026-06-01📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-06-01📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-06-01📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-06-01📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-06-01🔓Charge satisfied #36
- 2026-06-01🔓Charge satisfied #31
- 2026-06-01🔓Charge satisfied #25
- 2026-06-01🔓Charge satisfied #24
- 2026-05-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-05-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-01-20📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-01-20📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-01-17🔒Charge registered #39Lender: Mendip (North East) Limited
- 2025-01-17🔒Charge registered #38Lender: William Glenn Mcdowell
- 2024-10-28📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-10-28📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-10-28📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-10-28📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-10-28📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-10-28🔓Charge satisfied #21
- 2024-10-28🔓Charge satisfied #20
- 2024-10-28🔓Charge satisfied #19
- 2024-10-28🔓Charge satisfied #6
- 2024-10-28🔓Charge satisfied #1
- 2024-10-14📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-10-14📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-10-14📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-10-14📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-10-14📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-10-14📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-10-14📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-10-14📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-10-14📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-10-14📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-10-14🔓Charge satisfied #34
- 2024-10-14🔓Charge satisfied #33
- 2024-10-14🔓Charge satisfied #32
- 2024-10-14🔓Charge satisfied #29
- 2024-10-14🔓Charge satisfied #27
- 2024-10-14🔓Charge satisfied #26
- 2024-10-14🔓Charge satisfied #22
- 2024-10-14🔓Charge satisfied #23
- 2024-10-14🔓Charge satisfied #17
- 2024-10-14🔓Charge satisfied #16
- 2024-10-14🔓Charge satisfied #15
- 2024-10-14🔓Charge satisfied #12
- 2024-10-14🔓Charge satisfied #11
- 2024-10-14🔓Charge satisfied #10
- 2024-10-14🔓Charge satisfied #8
- 2024-10-14🔓Charge satisfied #9
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 26 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 69 — succession pressure is live.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 26 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 26 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
1 med ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Dr. Helen Barbara Stringer Individual · British · DOB 10/1958 · age 68 | 25–50% | — | 25-50% shares | 01/01/2021 |
Mr Peter David Horne Individual · British · DOB 10/1957 · age 69 | 25–50% | — | board control25-50% shares · board control | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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9 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 →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
Registered office
Filing status
Officers (3 active · 6 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Mendip (North East) Mendip (North East) Limited | A registered charge | 2 properties | 17/01/2025 | — | |
| outstanding | William Glenn Mcdowell / Wayne Mcdowell | A registered charge | 9 properties | 17/01/2025 | — | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Mortgage deed | 1 property | 25/05/2010 | 17/05/2022 | |
| satisfied | Capital Home Loans Capital Home Loans Limited | Deed of charge | 1 property | 16/02/2007 | 01/06/2026 | |
| outstanding | Capital Home Loans Capital Home Loans Limited | Deed of charge | 1 property | 16/02/2007 | — | |
| satisfied | Capital Home Loans Capital Home Loans Limited | Deed of charge | 1 property | 16/02/2007 | 14/10/2024 | |
| satisfied | Capital Home Loans Capital Home Loans Limited | Deed of charge | 1 property | 16/02/2007 | 14/10/2024 | |
| satisfied | Capital Home Loans Capital Home Loans Limited | Deed of charge | 1 property | 16/02/2007 | 14/10/2024 | |
| satisfied | Capital Home Loans Capital Home Loans Limited | Deed of charge | 1 property | 16/02/2007 | 01/06/2026 | |
| outstanding | Universal Building Society | Legal charge | 1 property | 13/12/2006 | — | |
| satisfied | Universal Building Society | Legal charge | 1 property | 09/09/2005 | 14/10/2024 | |
| satisfied | Virgin Money Yorkshire Bank PLC | Legal mortgage | 1 property | 04/03/2005 | 23/02/2007 | |
| satisfied | Norwich and Peterborough Building Society | Mortgage deed | 1 property | 25/02/2005 | 14/10/2024 | |
| satisfied | Norwich & Peterborough Building Society | Mortgage | 1 property | 04/02/2005 | 14/10/2024 | |
| satisfied | Universal Building Society | First party legal charge | 2 properties | 18/11/2004 | 01/06/2026 | |
| satisfied | Universal Building Society | Debenture | 2 properties | 18/11/2004 | 01/06/2026 | |
| satisfied | Virgin Money Yorkshire Bank PLC | Legal mortgage | 1 property | 02/02/2004 | 14/10/2024 | |
| satisfied | Virgin Money Yorkshire Bank PLC | Legal mortgage | 1 property | 02/02/2004 | 28/10/2024 | |
| satisfied | Virgin Money Yorkshire Bank PLC | Legal mortgage | 1 property | 31/10/2003 | 14/10/2024 | |
| satisfied | Virgin Money Yorkshire Bank PLC | Legal mortgage | 1 property | 06/10/2003 | 28/10/2024 | |
| satisfied | Virgin Money Yorkshire Bank PLC | Legal mortgage | 1 property | 06/10/2003 | 28/10/2024 | |
| satisfied | Aib Group (UK) P.L.C. | Legal mortgage | 2 properties | 28/08/2003 | 23/02/2007 | |
| satisfied | Virgin Money Yorkshire Bank PLC | Legal mortgage (own account) | 1 property | 11/04/2003 | 14/10/2024 | |
| satisfied | Virgin Money Yorkshire Bank PLC | Legal mortgage | 1 property | 07/03/2003 | 14/10/2024 | |
| satisfied | Virgin Money Yorkshire Bank PLC | Legal mortgage | 1 property | 31/01/2003 | 14/10/2024 | |
| satisfied | Aib Group (UK) Aib Group (UK) PLC | Legal mortgage | 2 properties | 20/01/2003 | 23/02/2007 | |
| satisfied | Virgin Money Yorkshire Bank PLC | Legal mortgage (own account) | 1 property | 22/11/2002 | 14/10/2024 | |
| satisfied | Virgin Money Yorkshire Bank PLC | Legal mortgage | 1 property | 31/10/2002 | 14/10/2024 | |
| satisfied | Virgin Money Yorkshire Bank PLC | Legal mortgage | 1 property | 30/08/2002 | 14/10/2024 | |
| satisfied | Virgin Money Yorkshire Bank PLC | Legal mortgage | 1 property | 30/01/2002 | 14/10/2024 | |
| satisfied | Virgin Money Yorkshire Bank PLC | Legal mortgage | 1 property | 28/01/2002 | 14/10/2024 | |
| satisfied | Virgin Money Yorkshire Bank PLC | Legal mortgage | 1 property | 16/07/2001 | 23/02/2007 | |
| satisfied | Virgin Money Yorkshire Bank PLC | Legal mortgage | 1 property | 29/06/2001 | 14/10/2024 | |
| satisfied | Aib Group (UK) P.L.C. | Legal mortgage | 2 properties | 22/06/2001 | 28/10/2024 | |
| satisfied | Aib Group (UK) Aib Group (UK) PLC | Legal mortgage | 2 properties | 05/04/2001 | 23/02/2007 | |
| satisfied | Aib Group (UK) Aib Group (UK) PLC | Legal mortgage | 2 properties | 05/04/2001 | 23/02/2007 | |
| satisfied | Aib Group (UK) Aib Group (UK) PLC | Mortgage debenture | 1 property | 05/04/2001 | 14/10/2024 | |
| satisfied | Virgin Money Yorkshire Bank PLC | Debenture | 1 property | 09/01/2001 | 28/10/2024 | |
| satisfied | Virgin Money Yorkshire Bank PLC | Legal mortgage | 1 property | 22/12/2000 | 14/10/2024 |