RG WIRE & CABLE LIMITED
- · Thesis: well-run, low negotiation leverage
Opportunity 78/100 (strong), bankability 77/100. Strong seller-intent signal (65/100, director aged 59). 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 (73/100).
Refinance opportunity
3 live charges · 3 lenders · oldest 19.2y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 19.2 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 30/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (58/100)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.
Recent activity
- • 1 confirmation-statement
- • 1 confirmation-statement
Corporate timeline (54 events)Click to expand
- 2025-10-08📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-10-19📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2024-10-19📄legacyaccounts · PARENT_ACC
- 2024-10-19📄legacyother · GUARANTEE2
- 2024-10-19📄legacyother · AGREEMENT2
- 2023-10-20📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2023-10-20📄legacyaccounts · PARENT_ACC
- 2023-10-20📄legacyother · AGREEMENT2
- 2023-10-20📄legacyother · GUARANTEE2
- 2023-03-12📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-11-15➖SHAHIN, Zainon Eid John resigneddirector
- 2022-09-29📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2022-09-27📄legacyother · AGREEMENT2
- 2022-09-27📄legacyother · GUARANTEE2
- 2022-09-26📄legacyaccounts · PARENT_ACC
- 2022-08-23📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-12-17📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2021-12-17📄legacyaccounts · PARENT_ACC
- 2021-12-17📄legacyother · AGREEMENT2
- 2021-12-17📄legacyother · GUARANTEE2
- 2021-02-22➖HALTON, Julian Mcdonald resigneddirector
- 2021-02-22➕SHAHIN, Zainon Eid John appointeddirector
- 2019-08-23➕TESKE, Timothy James appointeddirector
- 2019-08-23➖SIEMERS, Jeffrey John resigneddirector
- 2018-12-14➕VEUM, Michael Paul appointeddirector
- 2018-12-14➕HALTON, Julian Mcdonald appointeddirector
- 2018-12-14➖JOCHAM, John Charles resigneddirector
- 2018-12-14➖NESTINGEN, David Ingar resigneddirector
- 2018-04-26🔓Charge satisfied #3
- 2017-07-28➕JOCHAM, John Charles appointeddirector
- 2017-07-28➖RENNIE, Keith Thomas resigneddirector
- 2016-12-22➖MCFARLANE, John Cory resigneddirector
- 2016-12-22➕RENNIE, Keith Thomas appointeddirector
- 2016-09-05🔓Charge satisfied #2
- 2016-01-07🔒Charge registered #3Lender: Bank of Montreal
- 2015-06-01➕MCFARLANE, John Cory appointeddirector
- 2015-06-01➕NESTINGEN, David Ingar appointeddirector
- 2015-06-01➖RENNIE, Keith Thomas resigneddirector
- 2015-06-01➕SIEMERS, Jeffrey John appointeddirector
- 2015-01-30🔓Charge satisfied #1
- 2011-07-05➖THORNTONS LAW LLP resignedcorporate-secretary
- 2011-03-31➖GARDINER, Melvyn resigneddirector
- 2010-07-19➖GARDINER, Margaret Simpson resigneddirector
- 2010-01-26➖RENNIE, Wendy Ross resigneddirector
- 2009-10-22🔒Charge registered #2Lender: Lloyds Tsb Commercial Finance Limited
- 2007-10-01➕GARDINER, Margaret Simpson appointeddirector
- 2007-10-01➕RENNIE, Wendy Ross appointeddirector
- 2007-03-01🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 2006-02-27➕GARDINER, Melvyn appointeddirector
- 2006-02-27➖HUTCHESON, Iain Henderson resigneddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 59 — approaching natural succession window.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondaryStable-but-static management: Company is 20 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 med ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Premier Cables Ltd 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 |
|---|---|---|---|---|
Premier Cables Ltd Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 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.
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6 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 · 13 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Bank of Montreal | A registered charge | — | 07/01/2016 | 26/04/2018 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Commercial Finance Limited | Bond & floating charge | 1 property | 22/10/2009 | 05/09/2016 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 01/03/2007 | 30/01/2015 |