RITCHIE ENTERPRISES LLP
Opportunity 70/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (58/100).
Refinance opportunity
5 live charges · 2 lenders · oldest 23.3y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 23.3 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (76/100)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.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-30 | 2023-12-30 |
|---|---|---|
| Average employees | 0 | 0 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 confirmation-statement
Corporate timeline (39 events)Click to expand
- 2026-03-06📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2025-07-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-01-24📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2024-07-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-23📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2023-09-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-07-19📄mortgage-satisfy-charge-full-limited-liability-partnershipmortgage · LLMR04
- 2023-07-19🔓Charge satisfied #4
- 2023-07-18📄mortgage-satisfy-charge-full-limited-liability-partnershipmortgage · LLMR04
- 2023-07-18🔓Charge satisfied #5
- 2023-01-24📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2022-07-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-02-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-02-07📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2021-09-15➕PHOENIX FRASERBURGH LTD appointedcorporate-llp-member
- 2021-09-15📄appoint-corporate-member-limited-liability-partnership-with-appointment-dateofficers · LLAP02
- 2021-03-29📄cessation-of-a-person-with-significant-control-limited-liability-partnershippersons-with-significant-control · LLPSC07
- 2021-03-26📄termination-member-limited-liability-partnership-with-name-termination-dateofficers · LLTM01
- 2021-02-22➖RITCHIE, Stephen Buchan resignedllp-designated-member
- 2021-01-28📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2020-12-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-01-27📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2019-09-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-01-23📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2018-09-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-01-25📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2017-12-04📄notification-of-a-person-with-significant-control-limited-liability-partnershippersons-with-significant-control · LLPSC01
- 2017-12-04📄notification-of-a-person-with-significant-control-limited-liability-partnershippersons-with-significant-control · LLPSC01
- 2017-09-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2015-02-02🔒Charge registered #5Lender: The Royal Bank of Scotland PLC
- 2015-01-23🔒Charge registered #4Lender: The Royal Bank of Scotland PLC
- 2013-11-26🔓Charge satisfied #3
- 2013-11-13🔓Charge satisfied #1
- 2003-03-03🔒Charge registered #3Lender: The Governor and Company of the Bank of Scotland
- 2003-02-28🔒Charge registered #2Lender: The Governor and Company of the Bank of Scotland
- 2003-02-21🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 2002-01-23🏢Company incorporatedAs RITCHIE ENTERPRISES LLP
- 2002-01-23➕RITCHIE, Morag appointedllp-designated-member
- 2002-01-23➕RITCHIE, Stephen Buchan appointedllp-designated-member
Owner dependency
Some founder dependency, but not acute. A structured handover period should cover most risk.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- secondaryStable-but-static management: Company is 24 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.
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Morag Ritchie Individual · British · DOB 02/1962 · age 64 | — | — | control reported | 06/04/2016 |
1 historic (ceased) PSC
- Stephen Buchan Ritchieceased 22/02/2021· control reported
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 · 1 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 02/02/2015 | 18/07/2023 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | — | 23/01/2015 | 19/07/2023 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Ship mortgage | 1 property | 03/03/2003 | 26/11/2013 | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Ship mortgage | 1 property | 28/02/2003 | — | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Floating charge | 1 property | 21/02/2003 | 13/11/2013 |