NETWORK PROJECTS LIMITED

⚰️Wound downdissolved
01736673 · private-limited-guarant-nsc · incorporated 1983-07-05
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
60/100
Worth a look
🔔
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What this business does
Primary activity: Other education n.e.c.
Sector: Education
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 60/100 (worth a look), bankability 72/100. Strong seller-intent signal (60/100, director aged 64). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

4 live charges · 4 lenders · oldest 36.2y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 36.2 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Legal-friction score 30/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (61/100)

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
No iXBRL financials extracted
0
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
25 officers (3 active, 25 linked, 18 with DOB)
84
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
16 connected companies via shared directors
90
Filing history
168 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
60/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
59
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (77 events)Click to expand
  1. 2022-07-12
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2022-07-12
    🏁
    Company dissolved
  3. 2022-04-26
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2022-04-19
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2022-04-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-07-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-07-21
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  8. 2021-07-21
    🔓
    Charge satisfied #1
  9. 2021-07-13
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  10. 2021-07-13
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  11. 2021-07-13
    🔓
    Charge satisfied #4
  12. 2021-07-13
    🔓
    Charge satisfied #3
  13. 2021-05-13
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2021-05-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2021-05-01
    GREENFIELD, Stuart Peter appointed
    director
  16. 2021-05-01
    ROUSE, Simon Paul resigned
    director
  17. 2021-04-04
    📄
    appoint-corporate-secretary-company-with-name-date
    officers · AP04
  18. 2021-04-04
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  19. 2021-03-15
    IEG LIMITED appointed
    corporate-secretary
  20. 2021-03-15
    PRISM COSEC LIMITED resigned
    corporate-secretary
  21. 2020-10-23
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  22. 2020-09-22
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  23. 2020-09-18
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  24. 2020-09-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  25. 2020-09-01
    QUINT, Daniel Simon appointed
    director
  26. 2020-08-31
    BOWLER, Jonathan resigned
    director
  27. 2020-08-04
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  28. 2020-08-04
    📄
    appoint-corporate-secretary-company-with-name-date
    officers · AP04
  29. 2020-08-01
    GORMLEY, Philip Andrew resigned
    secretary
  30. 2020-08-01
    PRISM COSEC LIMITED appointed
    corporate-secretary
  31. 2020-07-06
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  32. 2020-06-26
    🔒
    Charge registered #4
    Lender: Hsbc Corporate Trustee Company (UK) Limited (as Security Agent for the Beneficiaries)
  33. 2020-06-24
    📄
    memorandum-articles
    incorporation · MA
  34. 2020-06-24
    📄
    resolution
    resolution · RESOLUTIONS
  35. 2020-06-24
    📄
    memorandum-articles
    incorporation · MA
  36. 2020-06-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  37. 2020-06-09
    PULLEN, Christopher Mark resigned
    director
  38. 2020-04-24
    LEWIS, Tracy resigned
    director
  39. 2020-03-11
    LEWIS, Tracy appointed
    director
  40. 2020-02-19
    GORMLEY, Philip Andrew resigned
    director
  41. 2020-01-18
    ROUSE, Simon Paul appointed
    director
  42. 2019-12-18
    WATTS, Michael Robert, Dr resigned
    director
  43. 2019-09-27
    COLLINS, Paul Simon resigned
    secretary
  44. 2019-09-27
    GORMLEY, Philip Andrew appointed
    secretary
  45. 2019-09-27
    COLLINS, Paul Simon resigned
    director
  46. 2019-09-27
    GORMLEY, Philip Andrew appointed
    director
  47. 2019-06-26
    🔒
    Charge registered #3
    Lender: Hsbc Corporate Trustee Company (UK) Limited in Its Capacity as Security Agent
  48. 2019-06-18
    BOWLER, Jonathan appointed
    director
  49. 2019-06-18
    COLLINS, Paul Simon appointed
    director
  50. 2018-07-10
    🔓
    Charge satisfied #2
Showing most recent 50 of 77 events

Owner dependency

66/100
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.
  • +Senior director age: Director aged approximately 64 — approaching natural succession window.

Succession & seller-readiness

66/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondaryStable-but-static management: Company is 43 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high · 1 med ·
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2022-07-12

Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Peopleplus Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Peopleplus Group Limited
Corporate parent · board control
NETWORK PROJECTS LIMITED
This company · 01736673

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Peopleplus Group Limited
Corporate entity
75–100%board control75-100% voting · board control06/04/2016

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

Statusdissolved
Typeprivate-limited-guarant-nsc
Incorporated1983-07-05
Jurisdictionengland-wales
Primary SIC85590 — Other education n.e.c.

Registered office

19-20 The Triangle
Ng2 Business Park
Nottingham
NG2 1AE

Filing status

Accounts
Next due:
Last made up to: 2021-12-31
Confirmation statement
Next due:
Last:

Officers (0 active · 22 resigned)

IEG LIMITED
corporate-secretary · appointed 2021-03-15
View their other companies + combined net worth →
Active
GREENFIELD, Stuart Peter
director · ~64y · appointed 2021-05-01
View their other companies + combined net worth →
Active
QUINT, Daniel Simon
director · ~52y · appointed 2020-09-01
View their other companies + combined net worth →
Active
ASHCROFT, Peter David
secretary · appointed 2006-06-30 · resigned 2014-06-06
Resigned
COLLINS, Paul Simon
secretary · appointed 2016-08-12 · resigned 2019-09-27
Resigned
FAHERTY, Janette Morag
secretary · resigned 2014-06-06
Resigned
GORMLEY, Philip Andrew
secretary · appointed 2019-09-27 · resigned 2020-08-01
Resigned
KEEGAN, Mark Antony
secretary · appointed 2014-06-06 · resigned 2016-08-12
Resigned
PRISM COSEC LIMITED
corporate-secretary · appointed 2020-08-01 · resigned 2021-03-15
Resigned
BOWLER, Jonathan
director · ~57y · appointed 2019-06-18 · resigned 2020-08-31
Resigned
COLLINS, Paul Simon
director · ~67y · appointed 2019-06-18 · resigned 2019-09-27
Resigned
DONNELLY, Michael, Major
director · ~84y · appointed 1994-09-01 · resigned 2000-11-03
Resigned
FAHERTY, Janette Morag
director · ~77y · resigned 2014-06-06
Resigned
GORMLEY, Philip Andrew
director · ~48y · appointed 2019-09-27 · resigned 2020-02-19
Resigned
HOGARTH, Andrew John
director · ~70y · appointed 2014-06-06 · resigned 2018-01-24
Resigned
LEDGARD, Phillip Neil
director · ~50y · appointed 2014-06-06 · resigned 2016-05-31
Resigned
LEWIS, Tracy
director · ~61y · appointed 2020-03-11 · resigned 2020-04-24
Resigned
LINCOLN, Rosemarie
director · ~87y · resigned 1998-01-20
Resigned
MARTIN, Colin William
director · ~61y · appointed 2007-07-11 · resigned 2014-11-12
Resigned
PULLEN, Christopher Mark
director · ~56y · appointed 2016-04-18 · resigned 2020-06-09
Resigned

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

Mortgages & charges

4
Total charges
0
Outstanding
0
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
satisfied
HSBC
Hsbc Corporate Trustee Company (UK) Limited (as Security Agent for the Beneficiaries)
A registered charge1 property26/06/202013/07/2021
satisfied
HSBC
Hsbc Corporate Trustee Company (UK) Limited in Its Capacity as Security Agent
A registered charge1 property26/06/201913/07/2021
satisfied
Lloyds Banking Group
Bank of Scotland PLC (Security Agent)
A registered charge06/06/201410/07/2018
satisfied
Provident Financial Group
Provident Financial Group PLC
Deed of deposit of rent1 property15/02/199021/07/2021

Recent filings (168 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2022-07-12
gazette-notice-voluntary
gazette · GAZ1(A)
2022-04-26
dissolution-application-strike-off-company
dissolution · DS01
2022-04-19
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-27
accounts-with-accounts-type-micro-entity
accounts · AA
2021-07-27
mortgage-satisfy-charge-full
mortgage · MR04
2021-07-21
mortgage-satisfy-charge-full
mortgage · MR04
2021-07-13
mortgage-satisfy-charge-full
mortgage · MR04
2021-07-13
appoint-person-director-company-with-name-date
officers · AP01
2021-05-13
termination-director-company-with-name-termination-date
officers · TM01
2021-05-13
appoint-corporate-secretary-company-with-name-date
officers · AP04
2021-04-04
termination-secretary-company-with-name-termination-date
officers · TM02
2021-04-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-02
appoint-person-director-company-with-name-date
officers · AP01
2020-10-23