RITCHIE'S PLANT HIRE LIMITED
🌳Matureactive
SC122820 · ltd · incorporated 1990-02-07
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 32.9y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jul 2025
Net worth
£34.5k
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: SIC 01410
Sector: Agriculture, forestry & fishing
ALSO REGISTERED FOR
- 01420SIC 01420
Investor take
PursueActive trading company. Family succession underway — not a classic acquisition target.
Opportunity 82/100 (exceptional), bankability 75/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 32.9y
70/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 32.9 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
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, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
4 officers (3 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
92 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £34,500
Net assets shrinking
Down £62,089 YoY
Cash YoY
+0%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£123
~ YoY
Net Worth
£35k
↓ 64% YoY
Current Assets
£105k
↑ 9.3% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-07-31 | 2024-07-31 |
|---|---|---|
| Total assets | £55.2k | £131.4k |
| Current assets | £105.3k | £96.3k |
| Cash | £123 | £123 |
| Debtors | £55.3k | £38.8k |
| Net assets | £34.5k | £96.6k |
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
2
filings
- • 1 accounts
- • 1 confirmation-statement
Last 180 days
2
filings
- • 1 accounts
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
- 2026-03-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-04-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-04-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-04-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-03-21📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-03-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-03-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-03-08📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-01-17➖RITCHIE, Walter James resigneddirector
- 2021-11-23➕RITCHIE, Aileen Mary appointeddirector
- 2021-11-23📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-04-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-03-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-10-08📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-04-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-03-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-04-13📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2012-04-24🔒Charge registered #2Lender: Lloyds Tsb Scotland PLC
- 2009-01-27➕RITCHIE, Doreen Anne appointeddirector
- 2008-12-23🔓Charge satisfied #1
- 1993-06-18🔒Charge registered #1Lender: Tsb Bank Scotland PLC
- 1990-02-08➕RITCHIE, Doreen Anne appointedsecretary
- 1990-02-08➕RITCHIE, Walter James appointeddirector
- 1990-02-07🏢Company incorporatedAs RITCHIE'S PLANT HIRE LIMITED
Owner dependency
100/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder name in company name: Company name contains director surname "RITCHIE" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 69 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
39/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- primaryFamily succession underway: Not a takeover target — RITCHIE, Aileen Mary (same surname) appointed 2021-11-23. Pattern consistent with intra-family handover.
- primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 17 years.
- secondaryStable-but-static management: Company is 36 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Doreen Anne Ritchie Individual · British · DOB 06/1957 · age 69 | 75–100% | — | 75-100% shares | 17/01/2022 |
1 historic (ceased) PSC
- Mr Walter James Ritchieceased 17/01/2022· 75-100% shares · 75-100% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Agriculture · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| R.P.D. SCOTLAND LIMITED→ SC092792 · est 1985 · no financials extracted | — | — | — | — | 41y | — | — |
| R.S.M. MILNE (DYKELANDS) LIMITED→ SC030118 · est 1954 · no financials extracted | — | — | — | — | 71y | — | — |
| RAPTORS LOGISTICS LTD→ SC707810 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| RATTLEROW SCOTLAND LIMITED→ SC461174 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| RAYNER SIM (FISHING) LTD.→ SC243553 · est 2003 · no financials extracted | — | — | — | — | 23y | — | — |
| RDW307 LTD→ SC699924 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| RIBSMARIE LIMITED→ SC422251 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| RITCH FINGASK LIMITED→ SC759033 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| RJB (SCOTLAND) LTD.→ SC283239 · est 2005 · no financials extracted | — | — | — | — | 21y | — | — |
| RJD FARMS LIMITED→ SC855979 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ROBERT SOUTER (LICOLA) LIMITED→ SC602732 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ROLAWN (TURF GROWERS) LIMITED→ SC057391 · est 1975 · no financials extracted | — | — | — | — | 51y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
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 →🔒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
Incorporated1990-02-07
Jurisdictionscotland
Primary SIC01410 — SIC 01410
Registered office
First Floor, 5 Abercrombie Court Prospect Road
Arnhall Business Park
Westhill
AB32 6FE
Scotland
Filing status
Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2027-02-21
Last: 2026-02-07
Officers (3 active · 1 resigned)
RITCHIE, Doreen Anne→
Activesecretary · appointed 1990-02-08
View their other companies + combined net worth →
RITCHIE, Aileen Mary→
Activedirector · ~33y · appointed 2021-11-23
View their other companies + combined net worth →
RITCHIE, Doreen Anne→
Activedirector · ~69y · appointed 2009-01-27
View their other companies + combined net worth →
RITCHIE, Walter James→
Resigneddirector · ~74y · appointed 1990-02-08 · resigned 2022-01-17
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Lloyds Tsb Scotland PLC | Bond & floating charge | 1 property | 24/04/2012 | — | |
| satisfied | Lloyds Banking Group Tsb Bank Scotland PLC | Bond & floating charge | 1 property | 18/06/1993 | 23/12/2008 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (92 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-07
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-03-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-08
termination-director-company-with-name-termination-date
officers · TM01
2022-03-08
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-03-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-07
appoint-person-director-company-with-name-date
officers · AP01
2021-11-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-26