RICCARTON NURSERIES LIMITED

💤Zombieactive

SC077232 · ltd · incorporated 1982-01-19

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 Oct 2024

Net worth

£231.3k

book net assets

Opportunity

66/100

Strong

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What this business does

Primary activity: SIC 47760

Sector: Wholesale & retail

Investor take

Special-situation opportunity

Distressed retail with salvageable qualities — special-situations priority.

Opportunity 66/100 (strong), bankability 50/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 3 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (43/100).

🏦

Refinance opportunity

7 live charges · 2 lenders · oldest 43.3y

30/100

under pressure

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

· Oldest live charge is 43.3 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· 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

Lenders & charges

7 charges (7/7 with lender, 7/7 with type)

Directors & officers

6 officers (2 active, 6 linked, 2 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

2 connected companies via shared directors

Filing history

108 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

66/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Some acquirability indicators.

Risk profile

Some moderate concerns — review 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 £231,278

Net assets shrinking

Down £42,376 YoY

Key financials

2 years extracted from filed iXBRL accounts

Cash

£47k

Net Worth

£231k

↓ 15% YoY

Current Assets

£251k

↓ 11% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2024-10-31	2023-10-31
Total assets	£251.0k	£281.6k
Current assets	£251.5k	£283.8k
Cash	£47.0k	—
Debtors	£82.1k	—
Net assets	£231.3k	£273.7k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals 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

filings

Last 90 days

filings

Last 180 days

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (34 events)Click to expand

2025-07-30
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-07-08
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-11
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-07-25
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-07-23
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-07-23
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2021-07-23
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2021-07-13
➕
CROCKETT, James Hay appointed
secretary
2021-07-13
➖
MOFFAT, Alexander Douglas, Mr. resigned
secretary
2021-07-12
📄
mortgage-satisfy-charge-full
mortgage · MR04
2021-07-12
📄
mortgage-satisfy-charge-full
mortgage · MR04
2021-07-12
🔓
Charge satisfied #11
2021-07-12
🔓
Charge satisfied #1
2021-06-18
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-10-27
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-07-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-07-31
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-06-05
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2016-07-29
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2007-02-12
➕
MUNRO, Sidonie Anne Elisabeth appointed
director
2006-12-28
➖
MUNRO, Ross Frederick resigned
director
1999-03-25
🔒
Charge registered #12
Lender: The Governor and Company of the Bank of Scotland
1998-11-10
🔒
Charge registered #11
Lender: The Governor and Company of the Bank of Scotland
1990-08-15
🔒
Charge registered #10
Lender: The Governor and Company of the Bank of Scotland
1990-05-24
🔓
Charge satisfied #2
1990-05-08
🔓
Charge satisfied #3
1990-02-21
➕
MOFFAT, Alexander Douglas, Mr. appointed
secretary
1990-02-21
➖
MUNRO, Ross Frederick resigned
secretary
1989-02-07
➖
FUCHS, Michael J resigned
director
1985-09-02
🔒
Charge registered #6
Lender: The Governor and Company of the Bank of Scotland
1985-04-23
🔒
Charge registered #3
Lender: The Governor and Company of the Bank of Scotland
1984-02-16
🔒
Charge registered #2
Lender: Scottish Development Agency
1983-01-25
🔒
Charge registered #1
Lender: The Governor and Company of the Bank of Scotland
1982-01-19
🏢
Company incorporated
As RICCARTON NURSERIES LIMITED

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 44 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

2 med ·

Has insolvency history

medium

Companies House flags prior insolvency events. Review the insolvency filings for context.

Charge satisfaction-then-recreation pattern

medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Sidonie Anne Elisabeth Munro Individual · French · DOB 01/1970 · age 56	75–100%	—	75-100% shares	30/06/2016

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 →

Similar companies

Active · Retail · EH postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
R PLANET ONLINE LIMITED→ SC748743 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
R&Y CONVENIENCE STORE LTD.→ SC584009 · est 2017 · no financials extracted	—	—	—	—	8y	—	—
RICHARD F. MACKAY LIMITED→ SC022703 · est 1944 · no financials extracted	—	—	—	—	82y	—	—
RIGA CONVIENCE STORE LTD→ SC867841 · est 2025 · no financials extracted	—	—	—	—	—	—	—
RIGHT CHOICE BLINDS LTD→ SC765116 · est 2023 · no financials extracted	—	—	—	—	3y	—	—
RIZIQ ONLINE RETAIL LTD→ SC774220 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
ROCKET GLOBAL MARKETING LTD→ SC636695 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
ROCKIN DIMENSION LTD→ SC808148 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
ROOT AND BRANCH ARBORICULTURE LTD→ SC516622 · est 2015 · no financials extracted	—	—	—	—	10y	—	—
ROOT DOWN FRUIT & VEG LIMITED→ SC665069 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
ROSE HEART APOTHECARY LTD→ SC834434 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
ROSEVEAR TEA GROUP LIMITED→ SC578882 · est 2017 · no financials extracted	—	—	—	—	8y	—	—

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.

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

Incorporated1982-01-19

Jurisdictionscotland

Primary SIC47760 — SIC 47760

Registered office

82 Riccarton Mains Road

Currie

EH14 5AA

Scotland

Filing status

Accounts

Next due: 2026-07-31

Last made up to: 2024-10-31

Confirmation statement

Next due: 2026-12-25

Last: 2025-12-11

Officers (2 active · 4 resigned)

CROCKETT, James Hay→

secretary · appointed 2021-07-13

View their other companies + combined net worth →

Active

MUNRO, Sidonie Anne Elisabeth→

director · ~56y · appointed 2007-02-12

View their other companies + combined net worth →

Active

MOFFAT, Alexander Douglas, Mr.→

secretary · appointed 1990-02-21 · resigned 2021-07-13

Resigned

MUNRO, Ross Frederick→

secretary · resigned 1990-02-21

Resigned

FUCHS, Michael J→

director · resigned 1989-02-07

Resigned

MUNRO, Ross Frederick→

director · ~76y · resigned 2006-12-28

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:7 of 7 shown

		Type	Properties
outstanding	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Standard security	1 property	25/03/1999	—
satisfied	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Floating charge	1 property	10/11/1998	12/07/2021
outstanding	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Standard security	1 property	15/08/1990	—
outstanding	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Standard security	1 property	02/09/1985	—
satisfied	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Standard security	1 property	23/04/1985	08/05/1990
satisfied	Scottish Development Agency	Charge	1 property	16/02/1984	24/05/1990
satisfied	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Bond & floating charge	1 property	25/01/1983	12/07/2021

Click column headers to sort. Use filters above to narrow by status and lender.