R.G. CONTRACTING LIMITED
Opportunity 74/100 (strong), bankability 67/100. Strong seller-intent signal (68/100, director aged 54). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
Refinance opportunity
3 live charges · 3 lenders · oldest 22.6y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 22.6 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (76/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £2.29M | £2.63M |
| Current assets | £411.7k | £363.9k |
| Cash | £53.6k | £11.6k |
| Debtors | £358.1k | £352.3k |
| Net assets | £1.20M | £1.22M |
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 confirmation-statement
- • 1 confirmation-statement
- • 1 accounts
Corporate timeline (27 events)Click to expand
- 2025-12-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-06-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-09-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-09-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-07-17📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-08-16📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2017-06-09📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2016-11-22📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-03-23📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-08-26📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-03-20📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-06-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2014-04-01📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-10-29🔓Charge satisfied #2
- 2011-08-24🔒Charge registered #3Lender: Clydesdale Bank PLC
- 2008-10-02🔓Charge satisfied #1
- 2008-09-16🔒Charge registered #2Lender: Royal Bank of Scotland PLC
- 2003-10-07🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 2003-03-18🏢Company incorporatedAs R.G. CONTRACTING LIMITED
- 2003-03-18➕GAW, Lorraine Hutchison appointedsecretary
- 2003-03-18➕GAW, Russell Charles William appointeddirector
- 2003-03-18➕TEMPLE SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 2003-03-18➖TEMPLE SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 2003-03-18➕COMPANY DIRECTORS LIMITED appointedcorporate-nominee-director
- 2003-03-18➖COMPANY DIRECTORS LIMITED resignedcorporate-nominee-director
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 23 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
1 med ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Lorraine Hutchison Gaw Individual · British · DOB 01/1973 · age 53 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
Mr Russell Charles William Gaw Individual · British · DOB 11/1972 · age 54 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
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| DOODLE TRUST→ SC371597 · est 2010 | — | — | £192.5k | — | 16y | 81 | 73y |
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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 · 2 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Virgin Money Clydesdale Bank PLC | Floating charge | 1 property | 24/08/2011 | — | |
| satisfied | Lloyds Banking Group Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 16/09/2008 | 29/10/2011 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 07/10/2003 | 02/10/2008 |