RIDGE & GREY LIMITED

⚰️Wound downdissolved
13877707 · ltd · incorporated 2022-01-28
Investment thesis
Company dissolved — 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
53/100
Worth a look
🔔
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What this business does
Primary activity: SIC 17240
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 53/100 (worth a look), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (57/100)

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
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (1 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
15 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
53/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
20
Concerning — overdue filings or status flags present.
Acquirability
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
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 (19 events)Click to expand
  1. 2024-10-15
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2024-10-15
    🏁
    Company dissolved
  3. 2024-07-30
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2024-07-23
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2024-03-27
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  6. 2024-03-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2024-03-01
    1ST SECRETARIES LIMITED resigned
    corporate-secretary
  8. 2023-05-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2023-02-14
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2023-02-14
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  11. 2023-02-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2023-02-06
    CAHILL, Owen resigned
    director
  13. 2023-02-06
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2023-02-02
    BORTHWICK, David Gordon appointed
    director
  15. 2023-01-26
    1ST SECRETARIES LIMITED appointed
    corporate-secretary
  16. 2023-01-26
    📄
    appoint-corporate-secretary-company-with-name-date
    officers · AP04
  17. 2022-01-28
    🏢
    Company incorporated
    As RIDGE & GREY LIMITED
  18. 2022-01-28
    CAHILL, Owen appointed
    director
  19. 2022-01-28
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 high ·
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2024-10-15

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr David Gordon Borthwick
Individual · British · DOB 02/1979 · age 47
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/02/2023
1 historic (ceased) PSC
  • Mr Owen Cahillceased 06/02/2023· 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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

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.

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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.

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Company details

Statusdissolved
Typeltd
Incorporated2022-01-28
Jurisdictionengland-wales
Primary SIC17240 — SIC 17240

Registered office

71-75 Shelton Street
Covent Garden
London
WC2H 9JQ
United Kingdom

Filing status

Accounts
Next due:
Last made up to: 2024-01-31
Confirmation statement
Next due:
Last: 2024-01-18

Officers (0 active · 2 resigned)

BORTHWICK, David Gordon
director · ~47y · appointed 2023-02-02
View their other companies + combined net worth →
Active
1ST SECRETARIES LIMITED
corporate-secretary · appointed 2023-01-26 · resigned 2024-03-01
Resigned
CAHILL, Owen
director · ~41y · appointed 2022-01-28 · resigned 2023-02-06
Resigned

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

Recent filings (15 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2024-10-15
gazette-notice-voluntary
gazette · GAZ1(A)
2024-07-30
dissolution-application-strike-off-company
dissolution · DS01
2024-07-23
termination-secretary-company-with-name-termination-date
officers · TM02
2024-03-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-08
confirmation-statement-with-updates
confirmation-statement · CS01
2023-02-14
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-02-14
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-02-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-10
termination-director-company-with-name-termination-date
officers · TM01
2023-02-07
appoint-person-director-company-with-name-date
officers · AP01
2023-02-06
appoint-corporate-secretary-company-with-name-date
officers · AP04
2023-01-26
incorporation-company
incorporation · NEWINC
2022-01-28