14 NORTHGATE STREET LIMITED

💤Zombieactive
05526273 · ltd · incorporated 2005-08-03
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
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Turnover
year to Aug 2024
Net worth
£216.0k
book net assets
Opportunity
81/100
Exceptional
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What this business does
Primary activity: Leasing of intellectual property and similar products, except copyright works
Sector: Administrative & support services
Investor take
Pursue
Strong opportunity: active trading company with exceptional profile and bankable structure.

Opportunity 81/100 (exceptional), bankability 80/100. Strong seller-intent signal (70/100, director aged 59). 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 (73/100).

🏦

Refinance opportunity

1 live charge · oldest 20.6y

45/100
under pressure

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

  • · Oldest live charge is 20.6 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (79/100)

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
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
3 officers (2 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
57 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
81/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
82
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £216,025

Key financials

2 years extracted from filed iXBRL accounts
Cash
£2k
Net Worth
£216k
Current Assets
£9k
Current Liabilities
£0£43k£86k£130k£173k£216kAug 2023Aug 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-08-312023-08-31
Total assets£216.0k
Current assets£8.7k
Cash£1.7k
Debtors£7.0k
Net assets£216.0k

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
0
filings
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2025-07-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2025-06-25
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2025-06-25
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2025-06-10
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2024-12-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2024-03-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-12-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-05-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2021-05-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2020-12-16
    ADAMS, Michael Shaun resigned
    director
  11. 2020-12-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2020-10-15
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2020-10-15
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  14. 2020-08-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2019-03-26
    ADAMS, Michael Shaun appointed
    director
  16. 2019-03-26
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  17. 2019-03-13
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  18. 2018-11-07
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2005-09-19
    🔒
    Charge registered #1
    Lender: Abbey National PLC
  20. 2005-08-03
    🏢
    Company incorporated
    As 14 NORTHGATE STREET LIMITED
  21. 2005-08-03
    DONNOLLEY, Pauline appointed
    secretary
  22. 2005-08-03
    HARRIS, Susan appointed
    director

Owner dependency

93/100
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.
  • +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.

Succession & seller-readiness

85/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 21 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 low
Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Ms Susan Harris
Individual · British · DOB 11/1967 · age 59
75100%
sig. influence75-100% shares · significant influence03/08/2016

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
Incorporated2005-08-03
Jurisdictionengland-wales
Primary SIC77400 — Leasing of intellectual property and similar products, except copyright works

Registered office

14a Northgate Street
Ipswich
IP1 3DB
England

Filing status

Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2027-01-06
Last: 2025-12-23

Officers (2 active · 1 resigned)

DONNOLLEY, Pauline
secretary · appointed 2005-08-03
View their other companies + combined net worth →
Active
HARRIS, Susan
director · ~59y · appointed 2005-08-03
View their other companies + combined net worth →
Active
ADAMS, Michael Shaun
director · ~58y · appointed 2019-03-26 · resigned 2020-12-16
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Santander
Abbey National PLC
Legal charge1 property19/09/2005
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (57 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-23
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-07-08
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-06-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-06-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-06-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-06
accounts-with-accounts-type-micro-entity
accounts · AA
2021-05-12
confirmation-statement-with-updates
confirmation-statement · CS01
2021-02-08