NLD (OPERATIONS) LTD

💤Zombieactive
09515302 · ltd · incorporated 2015-03-27
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 May 2024
Net worth
book net assets
Opportunity
64/100
Worth a look
🔔
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What this business does
Primary activity: Development of building projects
Sector: Construction
ALSO REGISTERED FOR
  • 68209Other letting and operating of own or leased real estate
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 64/100 (worth a look), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100).

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
37 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
64/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
55
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0May 2023May 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-05-312023-05-31

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals 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 gazette
Last 90 days
2
filings
  • 1 gazette
  • 1 persons-with-significant-control
Last 180 days
2
filings
  • 1 gazette
  • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2026-04-28
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  2. 2026-03-09
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2025-09-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2025-09-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2025-09-10
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2025-09-10
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2025-07-31
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  8. 2025-07-31
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  9. 2025-07-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  10. 2025-07-29
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  11. 2025-02-10
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  12. 2024-06-05
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2024-03-21
    HODGE, Steven resigned
    director
  14. 2024-03-21
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2023-07-14
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  16. 2023-03-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2022-08-11
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  18. 2022-08-10
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  19. 2022-08-02
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  20. 2021-06-14
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  21. 2016-04-01
    JEWITT, Justin Allan Spaven resigned
    director
  22. 2015-03-27
    🏢
    Company incorporated
    As NLD (OPERATIONS) LTD
  23. 2015-03-27
    STAFFORD, James Ronnie Andrew appointed
    director
  24. 2015-03-27
    HODGE, Steven appointed
    director
  25. 2015-03-27
    JEWITT, Justin Allan Spaven appointed
    director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-02-28

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr James Ronnie Andrew Stafford
Individual · British · DOB 07/1982 · age 44
2550%
25–50%25-50% shares · 25-50% voting06/04/2016
1 historic (ceased) PSC
  • Mr Steven Hodgeceased 21/03/2024· 25-50% shares · 25-50% voting

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

9 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
Incorporated2015-03-27
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects

Registered office

4e The Lanterns
16 Melbourn Street
Royston
SG8 7BX
England

Filing status

Accounts
Next due: 2026-02-28OVERDUE
Last made up to: 2024-05-31
Confirmation statement
Next due: 2026-10-16
Last: 2025-10-02

Officers (1 active · 2 resigned)

STAFFORD, James Ronnie Andrew
director · ~44y · appointed 2015-03-27
View their other companies + combined net worth →
Active
HODGE, Steven
director · ~66y · appointed 2015-03-27 · resigned 2024-03-21
Resigned
JEWITT, Justin Allan Spaven
director · ~72y · appointed 2015-03-27 · resigned 2016-04-01
Resigned

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

Recent filings (37 total)

gazette-notice-compulsory
gazette · GAZ1
2026-04-28
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-03-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-02
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-09-11
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-09-11
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-09-10
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-09-10
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2025-07-31
gazette-filings-brought-up-to-date
gazette · DISS40
2025-07-31
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-07-30
gazette-notice-compulsory
gazette · GAZ1
2025-07-29
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-02-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-03
change-person-director-company-with-change-date
officers · CH01
2024-06-05
termination-director-company-with-name-termination-date
officers · TM01
2024-03-21