RITCHIE PROPERTY SOLUTIONS LTD

🏛️Establishedactive
SC672510 · ltd · incorporated 2020-08-28
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 4.1y old — refinance window within 12 months
What changed my view
Last 30 days

No material changes in the last 30 days.

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 2024
Net worth
£-15.0k
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)
Distressed property-backed borrower — structural issues outweigh the discount.

Opportunity 78/100 (strong), bankability 80/100. Strong seller-intent signal (60/100, director aged 65). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

3 live charges · oldest 4.1y

75/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Charge age ~4.1 years — mid-life; refi window approaching.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (80/100)

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

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
16 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
65
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £15,002
Net assets shrinking
Down £15,140 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
-£15k
↓ 10971% YoY
Current Assets
£40k
↓ 54% YoY
Current Liabilities
—
-£15k£5k£26k£46k£66k£87kAug 2023Aug 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-08-312023-08-31
Total assets£546.9k£498.8k
Current assets£39.6k£86.8k
Net assets£-15.0k£138

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (16 events)Click to expand
  1. 2025-05-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-05-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-01-15
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  4. 2024-01-12
    🔒
    Charge registered #3
    Lender: The Mortgage Works (UK) PLC
  5. 2023-07-27
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  6. 2023-07-19
    🔒
    Charge registered #2
    Lender: The Mortgage Works (UK) PLC
  7. 2023-05-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2022-06-13
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2022-06-09
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  10. 2022-06-03
    🔒
    Charge registered #1
    Lender: The Mortgage Works (UK) PLC
  11. 2022-05-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2022-01-22
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  13. 2020-08-28
    🏢
    Company incorporated
    As RITCHIE PROPERTY SOLUTIONS LTD
  14. 2020-08-28
    ➕
    RITCHIE, Iris Margaret appointed
    director
  15. 2020-08-28
    ➕
    RITCHIE, Meghan Louise appointed
    director
  16. 2020-08-28
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

100/100
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.
  • +Founder name in company name: Company name contains director surname "RITCHIE" — strong identity link between founder and business.
  • +Founder age: Director aged approximately 65 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

56/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Miss Meghan Louise Ritchie
Individual · British · DOB 07/1996 · age 30
75–100%
75–100%board control75-100% shares · 75-100% voting · board control28/08/2020
1 historic (ceased) PSC
  • Mr Derek Ritchieceased 22/01/2022· 25-50% shares · 25-50% voting · board control

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

8 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.

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Company details

Statusactive
Typeltd
Incorporated2020-08-28
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Ard Macha
Drummore
Stranraer
DG9 9QE
United Kingdom

Filing status

Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2027-03-29
Last: 2026-03-15

Officers (2 active · 0 resigned)

RITCHIE, Iris Margaret→
director · ~65y · appointed 2020-08-28
View their other companies + combined net worth →
Active
RITCHIE, Meghan Louise→
director · ~30y · appointed 2020-08-28
View their other companies + combined net worth →
Active

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

Mortgages & charges

3
Total charges
3
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
The Mortgage Works (UK)
The Mortgage Works (UK) PLC
A registered charge1 property12/01/2024—
outstanding
The Mortgage Works (UK)
The Mortgage Works (UK) PLC
A registered charge1 property19/07/2023—
outstanding
The Mortgage Works (UK)
The Mortgage Works (UK) PLC
A registered charge1 property03/06/2022—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (16 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-17
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-19
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-15
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-01-15
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-07-27
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-17
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-06-13
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-06-09
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-03
confirmation-statement-with-updates
confirmation-statement · CS01
2022-03-15
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-01-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-06