RIVERBANK ELECTRICAL WHOLESALERS LIMITED
Opportunity 75/100 (strong), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).
Refinance opportunity
1 live charge · oldest 41.9y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 41.9 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (80/100)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 | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Average employees | 4 | 400 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 accounts
Corporate timeline (35 events)Click to expand
- 2025-12-18📄accounts-with-accounts-type-smallaccounts · AA
- 2024-12-18📄accounts-with-accounts-type-smallaccounts · AA
- 2023-09-28📄accounts-with-accounts-type-fullaccounts · AA
- 2023-06-28📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-02-28➖INGLIS, Barry Owens resigneddirector
- 2022-12-22📄accounts-with-accounts-type-fullaccounts · AA
- 2021-05-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-07-28➕CHRISTIE, Gordon appointeddirector
- 2020-07-28📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-07-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-05-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-04-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-10-03📄accounts-with-accounts-type-fullaccounts · AA
- 2016-10-05📄accounts-with-accounts-type-fullaccounts · AA
- 2015-10-21📄accounts-with-accounts-type-mediumaccounts · AA
- 2015-10-09📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2015-09-29📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-09-02🔓Charge satisfied #1
- 2012-03-30➕NISBET, Derek Robert appointedsecretary
- 2012-03-30➖MCGAVIN, Fraser resignedsecretary
- 2012-03-30➖MCGAVIN, Fraser resigneddirector
- 2010-01-28➕MCGAVIN, Fraser appointedsecretary
- 2010-01-28➖SCOTT, William Thorburn Bell resignedsecretary
- 2010-01-28➖SCOTT, William Thorburn Bell resigneddirector
- 2009-03-12➕MCGAVIN, Fraser appointeddirector
- 2008-11-18➖MCMILLAN, Ian resigneddirector
- 2008-06-11➕INGLIS, Barry Owens appointeddirector
- 2000-04-01➖CURLETT, David White resigneddirector
- 1997-05-16➕MCMILLAN, Ian appointeddirector
- 1995-08-22➖BOTHWELL, Francis resigneddirector
- 1994-11-22➕CURLETT, David White appointeddirector
- 1994-11-22➕SCOTT, William Thorburn Bell appointeddirector
- 1994-11-08➖POLLOCK, William Noble resigneddirector
- 1984-06-15🔒Charge registered #1Lender: Clydesdale Bank Public Limited Company
- 1980-04-03🏢Company incorporatedAs RIVERBANK ELECTRICAL WHOLESALERS LIMITED
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondaryStable-but-static management: Company is 46 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
cleanGroup structure
William Young (Kilmarnock) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
William Young (Kilmarnock) Limited Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 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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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 →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 (2 active · 9 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 15/06/1984 | 02/09/2015 |