RICAPA HOLDINGS LTD

🏛️Establishedactive
NI674670 · ltd · incorporated 2020-12-02
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
£1.82M
book net assets
Opportunity
77/100
Strong
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 77/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (74/100)

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
Confirmed no charges registered
85
Directors & officers
3 officers (3 active, 3 linked, 3 with DOB)
90
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
11 connected companies via shared directors
78
Filing history
17 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
65
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £1,821,303
Net assets shrinking
Down £893 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£1.8m
~ YoY
Current Assets
£477k
Current Liabilities
£0£364k£729k£1.1m£1.5m£1.8mDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-12-312023-12-31
Total assets£1.82M£1.82M
Current assets£476.7k
Net assets£1.82M£1.82M

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
2
filings
  • 1 confirmation-statement
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (16 events)Click to expand
  1. 2025-12-03
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2025-06-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-09-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-12-05
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  5. 2023-08-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-03-31
    📄
    resolution
    resolution · RESOLUTIONS
  7. 2023-03-31
    📄
    capital-allotment-shares
    capital · SH01
  8. 2022-12-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2022-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2022-02-23
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  11. 2022-02-22
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  12. 2020-12-02
    🏢
    Company incorporated
    As RICAPA HOLDINGS LTD
  13. 2020-12-02
    WARD, Richard Frederick appointed
    director
  14. 2020-12-02
    WARD, Samuel Paul appointed
    director
  15. 2020-12-02
    WILLIS, Caroline Nichola appointed
    director
  16. 2020-12-02
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

66/100
High — earn-out structure required

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

FACTORS
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

40/100
Moderate signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
🔒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

6 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
Incorporated2020-12-02
Jurisdictionnorthern-ireland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Shelbourne Motors, 334 Tandragee Road
Portadown
Craigavon
County Armagh
BT62 3RB
Northern Ireland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-15
Last: 2025-12-01

Officers (3 active · 0 resigned)

WARD, Richard Frederick
director · ~58y · appointed 2020-12-02
View their other companies + combined net worth →
Active
WARD, Samuel Paul
director · ~52y · appointed 2020-12-02
View their other companies + combined net worth →
Active
WILLIS, Caroline Nichola
director · ~55y · appointed 2020-12-02
View their other companies + combined net worth →
Active

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

Recent filings (17 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-13
change-person-director-company-with-change-date
officers · CH01
2025-12-03
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-20
confirmation-statement-with-updates
confirmation-statement · CS01
2024-12-03
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-02
confirmation-statement-with-updates
confirmation-statement · CS01
2023-12-20
certificate-change-of-name-company
change-of-name · CERTNM
2023-12-05
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-25
resolution
resolution · RESOLUTIONS
2023-03-31
capital-allotment-shares
capital · SH01
2023-03-31
confirmation-statement-with-updates
confirmation-statement · CS01
2022-12-06
change-person-director-company-with-change-date
officers · CH01
2022-12-06
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-30
gazette-filings-brought-up-to-date
gazette · DISS40
2022-02-23
gazette-notice-compulsory
gazette · GAZ1
2022-02-22