10N HOLDINGS LTD
🌿Early-stageactive
13590643 · ltd · incorporated 2021-08-27
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
71/100
Strong
What this business does
Primary activity: Activities of open-ended investment companies
Sector: Financial & insurance
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 71/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (65/100).
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
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
30 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|
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
0
filings
Last 90 days
0
filings
Last 180 days
9
filings
- • 4 persons-with-significant-control
- • 2 officers
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
- 2025-12-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-10-24📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-10-24📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-10-24📄change-person-director-company-with-change-dateofficers · CH01
- 2025-10-24📄change-person-director-company-with-change-dateofficers · CH01
- 2025-10-24📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-10-24📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-10-24📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-12-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-04-17📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2023-04-15📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-10-07📄capital-allotment-sharescapital · SH01
- 2021-10-07📄memorandum-articlesincorporation · MA
- 2021-10-06📄capital-allotment-sharescapital · SH01
- 2021-10-06📄resolutionresolution · RESOLUTIONS
- 2021-10-06📄memorandum-articlesincorporation · MA
- 2021-10-06📄resolutionresolution · RESOLUTIONS
- 2021-10-06📄resolutionresolution · RESOLUTIONS
- 2021-10-06📄resolutionresolution · RESOLUTIONS
- 2021-08-27🏢Company incorporatedAs 10N HOLDINGS LTD
- 2021-08-27➕NURSTEN, Dale appointeddirector
- 2021-08-27➕NURSTEN, Diane Kim appointeddirector
Owner dependency
66/100
High — earn-out structure requiredMaterial 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.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Dale Callum Peter Nursten Individual · British · DOB 08/1973 · age 53 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 27/08/2021 |
Mrs Diane Kim Nursten Individual · British · DOB 10/1973 · age 53 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 27/08/2021 |
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 →Similar companies
Active · Financial services · BS postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1 STOP FINANCIAL LTD→ 09570072 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| 2C'S MORTGAGE SERVICES LTD→ 12029195 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| 32 SQUARED PROTECT LTD→ 11947701 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| 365FS LIMITED→ 17057102 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 4 FINANCIAL PLANNING LTD→ 12136772 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| 9X GROUP UK LIMITED→ 17003112 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| A FERGUSON LIMITED→ 08420919 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| A. D. ADAMS & CO LTD→ 15641973 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ABCD PROPERTY FINANCE LTD→ 16933553 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ABSM INVESTMENTS LTD→ 12846795 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ABSOLUTE FINANCIAL ADVICE LIMITED→ 09724081 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| ABSOLUTE WEALTH MANAGEMENT LTD→ 06036764 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
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
Incorporated2021-08-27
Jurisdictionengland-wales
Primary SIC64304 — Activities of open-ended investment companies
Registered office
B1 Vanatage Park Old Gloucester Road
Hambrook
Bristol
BS16 1GW
United Kingdom
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-01-26
Last: 2026-01-12
Officers (2 active · 0 resigned)
NURSTEN, Dale→
Activedirector · ~53y · appointed 2021-08-27
View their other companies + combined net worth →
NURSTEN, Diane Kim→
Activedirector · ~53y · appointed 2021-08-27
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (30 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-29
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-10-24
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-10-24
change-person-director-company-with-change-date
officers · CH01
2025-10-24
change-person-director-company-with-change-date
officers · CH01
2025-10-24
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-10-24
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-10-24
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-10-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-12
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-04-17
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-04-15