RN JOINERY (PERTH) LTD

🌿Early-stageactive
SC802680 · ltd · incorporated 2024-03-12
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
71/100
Strong
🔔
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What this business does
Primary activity: Joinery installation
Sector: Construction
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 71/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (69/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
8 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-31
Average employees100

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
0
filings
Last 90 days
4
filings
  • 2 officers
  • 1 persons-with-significant-control
  • 1 confirmation-statement
Last 180 days
4
filings
  • 2 officers
  • 1 persons-with-significant-control
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (9 events)Click to expand
  1. 2026-03-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2026-03-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2026-03-20
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2025-07-18
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2025-06-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2024-03-12
    🏢
    Company incorporated
    As RN JOINERY (PERTH) LTD
  7. 2024-03-12
    NAPIER, Richard appointed
    director
  8. 2024-03-12
    NAPIER, Vicki Leanne appointed
    director
  9. 2024-03-12
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

71/100
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.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +Young company: Only 2.1 years old — management layer unlikely to be developed.

Succession & seller-readiness

36/100
Weak signal

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

SIGNALS
  • 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
Mr Richard Napier
Individual · British · DOB 08/1983 · age 43
75100%
75–100%board control75-100% shares · 75-100% voting · board control12/03/2024

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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

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 →
🔒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
Incorporated2024-03-12
Jurisdictionscotland
Primary SIC43320 — Joinery installation

Registered office

2 Marshall Place
Perth
PH2 8AH
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-25
Last: 2026-03-11

Officers (2 active · 0 resigned)

NAPIER, Richard
director · ~43y · appointed 2024-03-12
View their other companies + combined net worth →
Active
NAPIER, Vicki Leanne
director · ~40y · appointed 2024-03-12
View their other companies + combined net worth →
Active

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

Recent filings (8 total)

change-person-director-company-with-change-date
officers · CH01
2026-03-20
change-person-director-company-with-change-date
officers · CH01
2026-03-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-03-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-12
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-07-18
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-24
incorporation-company
incorporation · NEWINC
2024-03-12