R T ENVIRO LTD

💤Zombieactive
SC532639 · ltd · incorporated 2016-04-14
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
£-234.3k
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: SIC 38110
Sector: Water supply & waste
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 79/100 (strong), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 9.0y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 9.0 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
33 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
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 · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £234,259

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£234k
↑ 25% YoY
Current Assets
£64k
↑ 3937% YoY
Current Liabilities
-£313k-£237k-£162k-£87k-£11k£64kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-03-312024-03-31
Total assets£54.1k£-64.8k
Current assets£64.0k£1.6k
Net assets£-234.3k£-312.9k

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 persons-with-significant-control
Last 90 days
1
filing
  • 1 persons-with-significant-control
Last 180 days
1
filing
  • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2026-04-03
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2025-10-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-09-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-12-07
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-12-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-07-14
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  7. 2022-07-14
    🔓
    Charge satisfied #1
  8. 2022-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2021-08-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2021-08-04
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  11. 2021-07-02
    📄
    accounts-amended-with-accounts-type-micro-entity
    accounts · AAMD
  12. 2021-06-18
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  13. 2021-05-25
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  14. 2019-12-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2019-04-09
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2019-02-27
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  17. 2019-02-26
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  18. 2017-05-09
    🔒
    Charge registered #1
    Lender: Ultimate Invoice Finance Limited
  19. 2016-04-14
    🏢
    Company incorporated
    As R T ENVIRO LTD
  20. 2016-04-14
    TIBBETTS, Ronald Wallace appointed
    director

Owner dependency

88/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Senior director age: Director aged approximately 62 — approaching natural succession window.
  • +No director turnover: Company is 10 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

60/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

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 Ronald Wallace Tibbetts
Individual · British · DOB 10/1964 · age 62
75100%
75-100% shares14/04/2016

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

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
Incorporated2016-04-14
Jurisdictionscotland
Primary SIC38110 — SIC 38110

Registered office

Yard B
179 Drakemire Dr
Glasgow
G45 9SS
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-08-17
Last: 2025-08-03

Officers (1 active · 0 resigned)

TIBBETTS, Ronald Wallace
director · ~62y · appointed 2016-04-14
View their other companies + combined net worth →
Active

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Ultimate Invoice Finance
Ultimate Invoice Finance Limited
A registered charge1 property09/05/201714/07/2022

Recent filings (33 total)

change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-04-03
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-04
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-26
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-08
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-03
mortgage-satisfy-charge-full
mortgage · MR04
2022-07-14
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-31
accounts-with-accounts-type-micro-entity
accounts · AA
2021-08-17
gazette-filings-brought-up-to-date
gazette · DISS40
2021-08-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-03
accounts-amended-with-accounts-type-micro-entity
accounts · AAMD
2021-07-02