RG WIRE & CABLE LIMITED

🌳Matureactive
SC295395 · ltd · incorporated 2006-01-12
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
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
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Turnover
not disclosed
Net worth
book net assets
Opportunity
78/100
Strong
🔔
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What this business does
Primary activity: SIC 46520
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

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

35/100
too messy

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.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
15 officers (2 active, 15 linked, 14 with DOB)
89
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
133 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (54 events)Click to expand
  1. 2025-10-08
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-10-19
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  3. 2024-10-19
    📄
    legacy
    accounts · PARENT_ACC
  4. 2024-10-19
    📄
    legacy
    other · GUARANTEE2
  5. 2024-10-19
    📄
    legacy
    other · AGREEMENT2
  6. 2023-10-20
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  7. 2023-10-20
    📄
    legacy
    accounts · PARENT_ACC
  8. 2023-10-20
    📄
    legacy
    other · AGREEMENT2
  9. 2023-10-20
    📄
    legacy
    other · GUARANTEE2
  10. 2023-03-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2022-11-15
    SHAHIN, Zainon Eid John resigned
    director
  12. 2022-09-29
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  13. 2022-09-27
    📄
    legacy
    other · AGREEMENT2
  14. 2022-09-27
    📄
    legacy
    other · GUARANTEE2
  15. 2022-09-26
    📄
    legacy
    accounts · PARENT_ACC
  16. 2022-08-23
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2021-12-17
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  18. 2021-12-17
    📄
    legacy
    accounts · PARENT_ACC
  19. 2021-12-17
    📄
    legacy
    other · AGREEMENT2
  20. 2021-12-17
    📄
    legacy
    other · GUARANTEE2
  21. 2021-02-22
    HALTON, Julian Mcdonald resigned
    director
  22. 2021-02-22
    SHAHIN, Zainon Eid John appointed
    director
  23. 2019-08-23
    TESKE, Timothy James appointed
    director
  24. 2019-08-23
    SIEMERS, Jeffrey John resigned
    director
  25. 2018-12-14
    VEUM, Michael Paul appointed
    director
  26. 2018-12-14
    HALTON, Julian Mcdonald appointed
    director
  27. 2018-12-14
    JOCHAM, John Charles resigned
    director
  28. 2018-12-14
    NESTINGEN, David Ingar resigned
    director
  29. 2018-04-26
    🔓
    Charge satisfied #3
  30. 2017-07-28
    JOCHAM, John Charles appointed
    director
  31. 2017-07-28
    RENNIE, Keith Thomas resigned
    director
  32. 2016-12-22
    MCFARLANE, John Cory resigned
    director
  33. 2016-12-22
    RENNIE, Keith Thomas appointed
    director
  34. 2016-09-05
    🔓
    Charge satisfied #2
  35. 2016-01-07
    🔒
    Charge registered #3
    Lender: Bank of Montreal
  36. 2015-06-01
    MCFARLANE, John Cory appointed
    director
  37. 2015-06-01
    NESTINGEN, David Ingar appointed
    director
  38. 2015-06-01
    RENNIE, Keith Thomas resigned
    director
  39. 2015-06-01
    SIEMERS, Jeffrey John appointed
    director
  40. 2015-01-30
    🔓
    Charge satisfied #1
  41. 2011-07-05
    THORNTONS LAW LLP resigned
    corporate-secretary
  42. 2011-03-31
    GARDINER, Melvyn resigned
    director
  43. 2010-07-19
    GARDINER, Margaret Simpson resigned
    director
  44. 2010-01-26
    RENNIE, Wendy Ross resigned
    director
  45. 2009-10-22
    🔒
    Charge registered #2
    Lender: Lloyds Tsb Commercial Finance Limited
  46. 2007-10-01
    GARDINER, Margaret Simpson appointed
    director
  47. 2007-10-01
    RENNIE, Wendy Ross appointed
    director
  48. 2007-03-01
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  49. 2006-02-27
    GARDINER, Melvyn appointed
    director
  50. 2006-02-27
    HUTCHESON, Iain Henderson resigned
    director
Showing most recent 50 of 54 events

Owner dependency

66/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +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

56/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • 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 ·
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.

Group structure

Premier Cables Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Premier Cables Ltd
Corporate parent · holds 75-100% shares · board control
ultimate parent
RG WIRE & CABLE LIMITED
This company · SC295395

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%
NameSharesVoting rightsNature of controlNotified
Premier Cables Ltd
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

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 →
🔒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
Incorporated2006-01-12
Jurisdictionscotland
Primary SIC46520 — SIC 46520

Registered office

C/O Brodies Llp Capital Square
58 Morrison Street
Edinburgh
EH3 8BP

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-04-03
Last: 2026-03-20

Officers (2 active · 13 resigned)

TESKE, Timothy James
director · ~59y · appointed 2019-08-23
View their other companies + combined net worth →
Active
VEUM, Michael Paul
director · ~53y · appointed 2018-12-14
View their other companies + combined net worth →
Active
THORNTONS LAW LLP
corporate-secretary · appointed 2006-01-12 · resigned 2011-07-05
Resigned
GARDINER, Margaret Simpson
director · ~73y · appointed 2007-10-01 · resigned 2010-07-19
Resigned
GARDINER, Melvyn
director · ~73y · appointed 2006-02-27 · resigned 2011-03-31
Resigned
HALTON, Julian Mcdonald
director · ~55y · appointed 2018-12-14 · resigned 2021-02-22
Resigned
HUTCHESON, Iain Henderson
director · ~64y · appointed 2006-01-12 · resigned 2006-02-27
Resigned
JOCHAM, John Charles
director · ~66y · appointed 2017-07-28 · resigned 2018-12-14
Resigned
MCFARLANE, John Cory
director · ~56y · appointed 2015-06-01 · resigned 2016-12-22
Resigned
NESTINGEN, David Ingar
director · ~73y · appointed 2015-06-01 · resigned 2018-12-14
Resigned
RENNIE, Keith Thomas
director · ~57y · appointed 2016-12-22 · resigned 2017-07-28
Resigned
RENNIE, Keith Thomas
director · ~57y · appointed 2006-02-27 · resigned 2015-06-01
Resigned
RENNIE, Wendy Ross
director · ~52y · appointed 2007-10-01 · resigned 2010-01-26
Resigned
SHAHIN, Zainon Eid John
director · ~62y · appointed 2021-02-22 · resigned 2022-11-15
Resigned
SIEMERS, Jeffrey John
director · ~73y · appointed 2015-06-01 · resigned 2019-08-23
Resigned

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

Mortgages & charges

3
Total charges
0
Outstanding
0
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
satisfied
Bank of Montreal
A registered charge07/01/201626/04/2018
satisfied
Lloyds Banking Group
Lloyds Tsb Commercial Finance Limited
Bond & floating charge1 property22/10/200905/09/2016
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property01/03/200730/01/2015

Recent filings (133 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-20
accounts-with-accounts-type-dormant
accounts · AA
2025-10-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-09
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2024-10-19
legacy
accounts · PARENT_ACC
2024-10-19
legacy
other · GUARANTEE2
2024-10-19
legacy
other · AGREEMENT2
2024-10-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-20
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2023-10-20
legacy
accounts · PARENT_ACC
2023-10-20
legacy
other · AGREEMENT2
2023-10-20
legacy
other · GUARANTEE2
2023-10-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-21
termination-director-company-with-name-termination-date
officers · TM01
2023-03-12
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2022-09-29