RIDG PROJECTS LTD

🏛️Establishedactive
SC605061 · ltd · incorporated 2018-08-13
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Why now
Window steady · medium confidence
Mixed signals — 1 changes over 30 days, no clear direction yet.
  • · Filings: 18 → 19
What changed my view
Last 30 days

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

  • Filings: 1819
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 Aug 2025
Net worth
£15
book net assets
Opportunity
70/100
Strong
🔔
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What this business does
Primary activity: Activities of construction holding companies
Sector: Financial & insurance
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 70/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).

Data confidence

Overall: high (86/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
3 years of iXBRL accounts extracted + narrative notes parsed
95
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (3 active, 3 linked, 3 with DOB)
90
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
19 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
82
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 £15

Key financials

3 years extracted from filed iXBRL accounts
Cash
Net Worth
£15
~ YoY
Current Assets
Current Liabilities
£0£3£6£9£12£15Aug 2023Aug 2024Aug 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-08-312024-08-312023-08-31
Total assets£60£60£60
Net assets£15£15£15

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
1
filing
  • 1 accounts
Last 90 days
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (16 events)Click to expand
  1. 2026-05-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-07-08
    📍
    move-registers-to-registered-office-company-with-new-address
    address · AD04
  3. 2025-05-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2025-02-07
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2024-05-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-05-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2022-05-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-06-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2020-05-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2018-08-23
    📍
    move-registers-to-sail-company-with-new-address
    address · AD03
  11. 2018-08-23
    📍
    change-sail-address-company-with-new-address
    address · AD02
  12. 2018-08-13
    🏢
    Company incorporated
    As RIDG PROJECTS LTD
  13. 2018-08-13
    FARNHAM, Jack appointed
    director
  14. 2018-08-13
    HAY, Michael Hume appointed
    director
  15. 2018-08-13
    WILLIAMSON, Keith appointed
    director
  16. 2018-08-13
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

50/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

Succession & seller-readiness

30/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

Red flags

1 low
Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

3 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Jack Farnham
Individual · British · DOB 07/1980 · age 46
2550%
25–50%25-50% shares · 25-50% voting13/08/2018
Mr Keith Williamson
Individual · British · DOB 08/1984 · age 42
2550%
25–50%25-50% shares · 25-50% voting13/08/2018
Mr Michael Hume Hay
Individual · British · DOB 05/1977 · age 49
2550%
25–50%25-50% shares · 25-50% voting13/08/2018

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
Incorporated2018-08-13
Jurisdictionscotland
Primary SIC64203 — Activities of construction holding companies

Registered office

C/O Johnston Carmichael
7-11 Melville Street
Edinburgh
EH3 7PE
Scotland

Filing status

Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2026-08-22
Last: 2025-08-08

Officers (3 active · 0 resigned)

FARNHAM, Jack
director · ~46y · appointed 2018-08-13
View their other companies + combined net worth →
Active
HAY, Michael Hume
director · ~49y · appointed 2018-08-13
View their other companies + combined net worth →
Active
WILLIAMSON, Keith
director · ~42y · appointed 2018-08-13
View their other companies + combined net worth →
Active

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

Recent filings (19 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-05-27
confirmation-statement-with-updates
confirmation-statement · CS01
2025-08-08
move-registers-to-registered-office-company-with-new-address
address · AD04
2025-07-08
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-26
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-02-07
confirmation-statement-with-updates
confirmation-statement · CS01
2024-08-12
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-09
confirmation-statement-with-updates
confirmation-statement · CS01
2023-08-28
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-22
confirmation-statement-with-updates
confirmation-statement · CS01
2022-08-18
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-25
confirmation-statement-with-updates
confirmation-statement · CS01
2021-08-12
accounts-with-accounts-type-micro-entity
accounts · AA
2021-06-11
confirmation-statement-with-updates
confirmation-statement · CS01
2020-08-17
accounts-with-accounts-type-micro-entity
accounts · AA
2020-05-14