RINGNET PLUS LTD
🏛️Establishedactive
11069698 · ltd · incorporated 2017-11-17
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 Nov 2021
Net worth
—
book net assets
Opportunity
59/100
Worth a look
What this business does
Primary activity: Wired telecommunications activities
Sector: Information & communication
ALSO REGISTERED FOR
- 61200Wireless telecommunications activities
- 80200Security systems service activities
Investor take
Pass (distressed without resilience)Distressed admin-neglect survivor — structural issues outweigh the discount.
Opportunity 59/100 (worth a look), bankability 45/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (53/100). Current lenders should be on monthly review.
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 3 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
5 officers (2 active, 5 linked, 4 with DOB)
86
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
35 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
59/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
40
Concerning — overdue filings or status flags present.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2021-11-30 | 2020-11-30 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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 (30 events)Click to expand
- 2023-07-07📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2023-06-06📄gazette-notice-compulsorygazette · GAZ1
- 2022-09-05📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-07-26📄gazette-filings-brought-up-to-dategazette · DISS40
- 2022-07-13📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2022-07-11📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-07-11📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2022-07-04📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-07-01➖MENDELSON, Jennifer Kimberly resignedsecretary
- 2022-07-01📄change-person-director-company-with-change-dateofficers · CH01
- 2022-07-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-07-01📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-06-14📄gazette-notice-compulsorygazette · GAZ1
- 2022-05-31➖MENDELSON, Jennifer Kimberly resigneddirector
- 2021-10-01📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-11-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-03-18📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-09-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-04-03📄appoint-person-director-company-with-name-dateofficers · AP01
- 2019-04-03📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2019-04-01➕MENDELSON, Ted appointeddirector
- 2019-04-01➕MENDELSON, Jennifer Kimberly appointedsecretary
- 2018-10-05📄appoint-person-director-company-with-name-dateofficers · AP01
- 2018-09-25➕MENDELSON, Jennifer Kimberly appointeddirector
- 2018-04-13📄change-person-director-company-with-change-dateofficers · CH01
- 2018-04-11📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2018-04-02➖MENDELSON, Jennifer Kimberly resigneddirector
- 2018-01-01➕ADEHO, Williams appointeddirector
- 2017-11-17🏢Company incorporatedAs RINGNET PLUS LTD
- 2017-11-17➕MENDELSON, Jennifer Kimberly appointeddirector
Owner dependency
73/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder age: Director aged approximately 84 — succession pressure is live.
Succession & seller-readiness
66/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 84 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
2 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: 2023-08-31
Confirmation statement overdue
highAnnual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2023-04-01
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Ted Mendelson Individual · American · DOB 02/1942 · age 84 | 50–75% | 50–75% | board controlsig. influence50-75% shares · 50-75% voting · board control · significant influence · trust interest · firm interest | 31/05/2022 |
2 historic (ceased) PSCs
- Mr Williams Adehoceased 31/05/2022· 25-50% shares · 25-50% voting · board control
- Jennifer Kimberly Mendelsonceased 10/05/2022· 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.
🔒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
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|---|---|---|---|---|---|---|---|
| A.I.C.G LTD→ 10003529 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| A4S CLOUD SOLUTIONS LIMITED→ 08255034 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| ADAPTSOFT LTD→ 07189309 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| ADVANCED CELLULAR ENGINEERING LTD→ 13414035 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ADVANCED MEDIA RESTORATION LIMITED→ 07882061 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| ADVENTURES BY MAIL (EUROPE) LIMITED→ 03031898 · est 1995 · no financials extracted | — | — | — | — | 31y | — | — |
| AELIUS AI LIMITED→ 15456875 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| AERODATA SOFTWARE LIMITED→ 07757856 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| AFFINITY TECHNICAL SERVICES LTD→ 07711722 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| AFFIRMFIRST LIMITED→ 09518775 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| AG BUSINESS CONSULTING LIMITED→ 13131589 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| AG PUBLISHING LTD→ 16881949 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
10 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
Incorporated2017-11-17
Jurisdictionengland-wales
Primary SIC61100 — Wired telecommunications activities
Registered office
Tytherington Business Park
1 Patterson Close
Macclesfield
SK10 2YU
England
Filing status
Accounts
Next due: 2023-08-31OVERDUE
Last made up to: 2021-11-30
Confirmation statement
Next due: 2023-04-01OVERDUE
Last: 2022-03-18
Officers (2 active · 3 resigned)
ADEHO, Williams→
Activedirector · ~36y · appointed 2018-01-01
View their other companies + combined net worth →
MENDELSON, Ted→
Activedirector · ~84y · appointed 2019-04-01
View their other companies + combined net worth →
MENDELSON, Jennifer Kimberly→
Resignedsecretary · appointed 2019-04-01 · resigned 2022-07-01
MENDELSON, Jennifer Kimberly→
Resigneddirector · ~30y · appointed 2018-09-25 · resigned 2022-05-31
MENDELSON, Jennifer Kimberly→
Resigneddirector · ~30y · appointed 2017-11-17 · resigned 2018-04-02
Click a director name to see their full track record across all companies.
Recent filings (35 total)
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2023-07-07
gazette-notice-compulsory
gazette · GAZ1
2023-06-06
accounts-with-accounts-type-dormant
accounts · AA
2022-09-05
gazette-filings-brought-up-to-date
gazette · DISS40
2022-07-26
confirmation-statement-with-updates
confirmation-statement · CS01
2022-07-24
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2022-07-13
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-07-11
termination-secretary-company-with-name-termination-date
officers · TM02
2022-07-11
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-07-04
change-person-director-company-with-change-date
officers · CH01
2022-07-01
termination-director-company-with-name-termination-date
officers · TM01
2022-07-01
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-07-01
gazette-notice-compulsory
gazette · GAZ1
2022-06-14
accounts-with-accounts-type-dormant
accounts · AA
2021-10-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-19