RTV - WORLDNET SHIPPING LIMITED

🌳Matureactive
SC233010 · ltd · incorporated 2002-06-19
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.
Why now
Window steady · medium confidence
Mixed signals — 1 changes over 30 days, no clear direction yet.
  • · PSC count: 2 → 3
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
What changed my view
Last 30 days

Picture improved over the last 30 days — 1 positive signal vs 0 negative.

  • ↑PSC count: 2 → 3
Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
—
Upgrade to see
Turnover
—
year to Nov 2024
Net worth
£1.02M
book net assets
Opportunity
80/100
Exceptional
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: Other transportation support activities
Sector: Transportation & storage
Investor take
Pursue
Asset-holding vehicle with a 67-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 67). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (76/100)

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
8 officers (2 active, 8 linked, 3 with DOB)
78
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
82 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £1,016,835
Cash YoY
-4%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£952k
↓ 4.3% YoY
Net Worth
£1.0m
↑ 6.4% YoY
Current Assets
£1.3m
↑ 2.9% YoY
Current Liabilities
—
£0£260k£521k£781k£1.0m£1.3mNov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-11-302023-11-30
Total assets£1.02M£967.2k
Current assets£1.30M£1.26M
Cash£951.5k£994.4k
Debtors£350.5k£270.4k
Net assets£1.02M£955.4k

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
2
filings
  • • 1 persons-with-significant-control
  • • 1 confirmation-statement
Last 90 days
2
filings
  • • 1 persons-with-significant-control
  • • 1 confirmation-statement
Last 180 days
2
filings
  • • 1 persons-with-significant-control
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
  1. 2026-07-07
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  2. 2025-08-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-09-10
    ➖
    GRANT SMITH LAW PRACTICE LIMITED resigned
    corporate-secretary
  4. 2024-09-10
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  5. 2024-09-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2024-09-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2024-08-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2024-06-24
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2023-06-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2022-08-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-10-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2020-11-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2019-09-27
    📄
    accounts-amended-with-accounts-type-total-exemption-full
    accounts · AAMD
  14. 2019-08-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2018-08-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2017-08-31
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2011-08-02
    ➖
    GRANT SMITH LAW PRACTICE resigned
    corporate-secretary
  18. 2011-08-01
    ➕
    GRANT SMITH LAW PRACTICE LIMITED appointed
    corporate-secretary
  19. 2008-04-02
    ➕
    RITCHIE, Ronald Wilson appointed
    director
  20. 2008-04-02
    ➖
    RITCHIE, Ronald Wilson resigned
    secretary
  21. 2008-04-02
    ➕
    GRANT SMITH LAW PRACTICE appointed
    corporate-secretary
  22. 2003-12-31
    ➕
    RITCHIE, Janet Mary appointed
    director
  23. 2003-12-31
    ➕
    RITCHIE, Ronald Wilson appointed
    secretary
  24. 2003-12-31
    ➖
    ABERDEEN COMPOSITE COMPANY (II) LIMITED resigned
    corporate-nominee-secretary
  25. 2003-12-31
    ➖
    ABERDEEN COMPOSITE COMPANY LIMITED resigned
    corporate-nominee-director
  26. 2002-06-27
    ➖
    SIMMERS, Jamie Jan resigned
    nominee-director
  27. 2002-06-19
    🏢
    Company incorporated
    As RTV - WORLDNET SHIPPING LIMITED
  28. 2002-06-19
    ➕
    ABERDEEN COMPOSITE COMPANY (II) LIMITED appointed
    corporate-nominee-secretary
  29. 2002-06-19
    ➕
    SIMMERS, Jamie Jan appointed
    nominee-director
  30. 2002-06-19
    ➕
    ABERDEEN COMPOSITE COMPANY LIMITED appointed
    corporate-nominee-director

Owner dependency

91/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 67 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

86/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 24 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

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

Shareholders & ownership

3 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Janet Mary Ritchie
Individual · Irish · DOB 01/1959 · age 67
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
Mr Ronald Wilson Ritchie
Individual · British · DOB 02/1963 · age 63
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
Mr Ronald Wilson Ritchie
Individual · British · DOB 02/1963 · age 63
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Transport & logistics · AB postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
MCPHERSON LIMITED→
SC218508 · est 2001
£12.40M
£9.30M–£15.49M
——45725y8471y
STREAMLINE SHIPPING AGENCIES LIMITED→
SC073938 · est 1981
£4.54M
£3.40M–£5.67M
£42.41M—2360045y8574y
DOUGLAS F MITCHELL LIMITED→
SC226015 · est 2001
£455.2k
£341.4k–£569.0k
——1124y8282y
TRANSPAN (SCOTLAND) LIMITED→
SC124530 · est 1990
£52.0k
£39.0k–£65.0k
——7136y8358y
ALP (SCOTLAND) LIMITED→
SC261031 · est 2003
——£246.4k—22y8361y
BOX POOL SOLUTIONS LIMITED→
SC286718 · est 2005
——£2.66M—20y8377y
CALEY COLD STORE LIMITED→
SC270634 · est 2004
——£3.28M—21y8373y
ENLIM (SCOTLAND) LTD.→
SC248672 · est 2003
———50023y8362y
HARBOUR HAULAGE LIMITED→
SC202822 · est 2000
——£951.9k—26y8362y
SHETLAND LINE 1984 LIMITED→
SC088013 · est 1984
———042y8374y
W & H LESLIE (ABERDEEN) LIMITED→
SC281256 · est 2005
——£2.57M—21y8365y
A & W WILSON LIMITED→
SC287072 · est 2005
——£431.9k—20y8267y
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
Incorporated2002-06-19
Jurisdictionscotland
Primary SIC52290 — Other transportation support activities

Registered office

Unit 3 Burnside Industrial Centre Wellheads Road
Dyce
Aberdeen
Aberdeenshire
AB21 7HG
United Kingdom

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2027-07-03
Last: 2026-06-19

Officers (2 active · 6 resigned)

RITCHIE, Janet Mary→
director · ~67y · appointed 2003-12-31
View their other companies + combined net worth →
Active
RITCHIE, Ronald Wilson→
director · ~63y · appointed 2008-04-02
View their other companies + combined net worth →
Active
RITCHIE, Ronald Wilson→
secretary · appointed 2003-12-31 · resigned 2008-04-02
Resigned
ABERDEEN COMPOSITE COMPANY (II) LIMITED→
corporate-nominee-secretary · appointed 2002-06-19 · resigned 2003-12-31
Resigned
GRANT SMITH LAW PRACTICE→
corporate-secretary · appointed 2008-04-02 · resigned 2011-08-02
Resigned
GRANT SMITH LAW PRACTICE LIMITED→
corporate-secretary · appointed 2011-08-01 · resigned 2024-09-10
Resigned
SIMMERS, Jamie Jan→
nominee-director · ~48y · appointed 2002-06-19 · resigned 2002-06-27
Resigned
ABERDEEN COMPOSITE COMPANY LIMITED→
corporate-nominee-director · appointed 2002-06-19 · resigned 2003-12-31
Resigned

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

Recent filings (82 total)

notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-07-07
confirmation-statement-with-updates
confirmation-statement · CS01
2026-07-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-31
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-23
termination-secretary-company-with-name-termination-date
officers · TM02
2024-09-10
change-person-director-company-with-change-date
officers · CH01
2024-09-10
change-person-director-company-with-change-date
officers · CH01
2024-09-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-24
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-03
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-06-24
confirmation-statement-with-updates
confirmation-statement · CS01
2023-07-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-06