ADVANCED RIPENING TECHNOLOGIES LIMITED

💤Zombieactive
04600499 · ltd · incorporated 2002-11-26
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.
🔒Estimated value
Upgrade to see
Turnover
year to Nov 2024
Net worth
£589.6k
book net assets
Opportunity
77/100
Strong
🔔
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What this business does
Primary activity: Electrical installation
Sector: Construction
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 77/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -32% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

2 live charges · oldest 6.9y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 6.9 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (78/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
9 officers (2 active, 9 linked, 3 with DOB)
77
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
70 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
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
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £589,559
Cash YoY
-32%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£223k
↓ 32% YoY
Net Worth
£590k
↑ 42% YoY
Current Assets
£921k
↑ 85% YoY
Current Liabilities
£0£184k£368k£552k£737k£921kNov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-11-292023-11-29
Total assets£635.6k£472.3k
Current assets£920.7k£498.8k
Cash£222.6k£329.6k
Debtors£698.1k£169.2k
Net assets£589.6k£415.4k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (35 events)Click to expand
  1. 2025-08-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-08-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-08-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-11-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-08-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2020-11-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2019-11-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2019-08-28
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  9. 2019-07-11
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  10. 2019-07-11
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  11. 2019-07-11
    🔒
    Charge registered #2
    Lender: Lloyds Bank PLC
  12. 2019-07-04
    🔒
    Charge registered #1
    Lender: Lloyds Bank PLC
  13. 2018-12-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2018-11-28
    SMITH, Philip John resigned
    director
  15. 2018-08-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2017-12-12
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  17. 2017-12-12
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  18. 2017-12-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  19. 2017-12-11
    📄
    change-person-director-company-with-change-date
    officers · CH01
  20. 2011-03-01
    RODDEN, Rose appointed
    secretary
  21. 2011-03-01
    RODDEN, David resigned
    secretary
  22. 2007-01-24
    RODDEN, David Michael appointed
    director
  23. 2006-11-01
    RODDEN, David appointed
    secretary
  24. 2006-11-01
    SHEPLEY, Margaret resigned
    secretary
  25. 2004-11-19
    SHEPLEY, Margaret appointed
    secretary
  26. 2004-11-19
    SMITH, Philip John resigned
    secretary
  27. 2004-11-19
    TURNOCK, David resigned
    director
  28. 2003-04-07
    SMITH, Philip John appointed
    secretary
  29. 2003-04-07
    CS SECRETARIES LIMITED resigned
    corporate-secretary
  30. 2003-04-07
    SMITH, Philip John appointed
    director
  31. 2003-04-07
    TURNOCK, David appointed
    director
  32. 2003-04-07
    CS DIRECTORS LIMITED resigned
    corporate-director
  33. 2002-11-26
    🏢
    Company incorporated
    As ADVANCED RIPENING TECHNOLOGIES LIMITED
  34. 2002-11-26
    CS SECRETARIES LIMITED appointed
    corporate-secretary
  35. 2002-11-26
    CS DIRECTORS LIMITED appointed
    corporate-director

Owner dependency

85/100
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.
  • +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

68/100
Strong succession signal

Multiple 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 19 years.
  • secondaryStable-but-static management: Company is 24 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

clean
No 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
NameSharesVoting rightsNature of controlNotified
Mr David Michael Rodden
Individual · British · DOB 02/1971 · age 55
2550%
25-50% shares06/04/2016
Mr Philip John Smith
Individual · British · DOB 11/1951 · age 75
2550%
25-50% shares06/04/2016

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 →

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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
Incorporated2002-11-26
Jurisdictionengland-wales
Primary SIC43210 — Electrical installation

Registered office

Douglas Bank House
Wigan Lane
Wigan
Lancashire
WN1 2TB

Filing status

Accounts
Next due: 2026-08-29
Last made up to: 2024-11-29
Confirmation statement
Next due: 2026-12-10
Last: 2025-11-26

Officers (2 active · 7 resigned)

RODDEN, Rose
secretary · appointed 2011-03-01
View their other companies + combined net worth →
Active
RODDEN, David Michael
director · ~55y · appointed 2007-01-24
View their other companies + combined net worth →
Active
RODDEN, David
secretary · appointed 2006-11-01 · resigned 2011-03-01
Resigned
SHEPLEY, Margaret
secretary · appointed 2004-11-19 · resigned 2006-11-01
Resigned
SMITH, Philip John
secretary · appointed 2003-04-07 · resigned 2004-11-19
Resigned
CS SECRETARIES LIMITED
corporate-secretary · appointed 2002-11-26 · resigned 2003-04-07
Resigned
SMITH, Philip John
director · ~75y · appointed 2003-04-07 · resigned 2018-11-28
Resigned
TURNOCK, David
director · ~80y · appointed 2003-04-07 · resigned 2004-11-19
Resigned
CS DIRECTORS LIMITED
corporate-director · appointed 2002-11-26 · resigned 2003-04-07
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Lloyds Banking Group
Lloyds Bank PLC
A registered charge1 property11/07/2019
outstanding
Lloyds Banking Group
Lloyds Bank PLC
A registered charge1 property04/07/2019
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (70 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-20
confirmation-statement-with-updates
confirmation-statement · CS01
2023-11-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-15
confirmation-statement-with-updates
confirmation-statement · CS01
2022-12-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-11-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-11-27
confirmation-statement-with-updates
confirmation-statement · CS01
2019-11-26
change-account-reference-date-company-previous-shortened
accounts · AA01
2019-08-28