NORCAY LIMITED

🌳Matureactive
FC012185 · oversea-company · incorporated 1982-01-20
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
71/100
Strong
🔔
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Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 71/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: low (50/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
no address, no SIC, incorporation date
55
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
28 officers (2 active, 28 linked, 21 with DOB)
85
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
15 connected companies via shared directors
90
Filing history
108 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
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
80
Good data coverage for analysis.

Recent activity

Last 30 days
1
filing
  • • 1 officers
Last 90 days
3
filings
  • • 3 officers
Last 180 days
3
filings
  • • 3 officers
Counts from Companies House filing history.
Corporate timeline (80 events)Click to expand
  1. 2026-03-30
    📄
    termination-person-secretary-overseas-company-with-name-termination-date
    officers · OSTM02
  2. 2026-02-25
    📄
    appoint-person-director-overseas-company-with-name-appointment-date
    officers · OSAP01
  3. 2026-02-24
    📄
    termination-person-director-overseas-company-with-name-termination-date
    officers · OSTM01
  4. 2026-01-31
    ➖
    SIMMONDS, Joanne Caroline Kershaw resigned
    director
  5. 2026-01-22
    ➕
    KALLAR, Mandeep Singh appointed
    director
  6. 2025-05-09
    📄
    accounts-with-accounts-type-full
    accounts · AA
  7. 2025-04-01
    📄
    appoint-person-secretary-overseas-company-with-appointment-date
    officers · OSAP03
  8. 2025-03-17
    📄
    termination-person-secretary-overseas-company-with-name-termination-date
    officers · OSTM02
  9. 2025-03-05
    📄
    termination-person-director-overseas-company-with-name-termination-date
    officers · OSTM01
  10. 2025-03-04
    📄
    appoint-person-director-overseas-company-with-name-appointment-date
    officers · OSAP01
  11. 2025-02-01
    ➕
    FRISTON, Paul Allan appointed
    director
  12. 2024-12-31
    ➖
    WILLIAMS, Nigel Barry resigned
    secretary
  13. 2024-12-31
    ➖
    WILLIAMS, Nigel Barry resigned
    director
  14. 2024-10-03
    📄
    termination-person-director-overseas-company-with-name-termination-date
    officers · OSTM01
  15. 2024-10-03
    📄
    appoint-person-director-overseas-company-with-name-appointment-date
    officers · OSAP01
  16. 2024-07-26
    ➖
    TOMKINSON, Craig Ashley resigned
    secretary
  17. 2024-07-26
    ➕
    WILLIAMS, Nigel Barry appointed
    secretary
  18. 2024-07-26
    ➖
    TOMKINSON, Craig Ashley resigned
    director
  19. 2024-07-26
    ➕
    WILLIAMS, Nigel Barry appointed
    director
  20. 2024-05-14
    📄
    accounts-with-accounts-type-full
    accounts · AA
  21. 2023-08-25
    📄
    accounts-with-accounts-type-full
    accounts · AA
  22. 2023-07-05
    📄
    termination-person-director-overseas-company-with-name-termination-date
    officers · OSTM01
  23. 2023-07-05
    📄
    appoint-person-director-overseas-company-with-name-appointment-date
    officers · OSAP01
  24. 2023-05-26
    ➖
    KERS, Ronald Klaas Otto, Mr. resigned
    director
  25. 2023-05-22
    ➕
    SIMMONDS, Joanne Caroline Kershaw appointed
    director
  26. 2022-08-04
    📄
    accounts-with-accounts-type-full
    accounts · AA
  27. 2021-08-13
    📄
    accounts-with-accounts-type-full
    accounts · AA
  28. 2021-05-04
    📄
    change-person-director-overseas-company-with-change-date
    officers · OSCH03
  29. 2020-09-04
    📄
    accounts-with-accounts-type-full
    accounts · AA
  30. 2019-05-24
    📄
    accounts-with-accounts-type-full
    accounts · AA
  31. 2018-09-25
    📄
    appoint-person-director-overseas-company-with-name-appointment-date
    officers · OSAP01
  32. 2018-09-25
    📄
    appoint-person-secretary-overseas-company-with-appointment-date
    officers · OSAP03
  33. 2018-09-25
    📄
    appoint-person-director-overseas-company-with-name-appointment-date
    officers · OSAP01
  34. 2018-09-25
    📄
    termination-person-secretary-overseas-company-with-name-termination-date
    officers · OSTM02
  35. 2018-09-25
    📄
    termination-person-director-overseas-company-with-name-termination-date
    officers · OSTM01
  36. 2018-09-25
    📄
    termination-person-director-overseas-company-with-name-termination-date
    officers · OSTM01
  37. 2018-07-31
    ➖
    FLETCHER, Martyn Paul resigned
    director
  38. 2018-06-30
    ➖
    PIKE, Richard Neil resigned
    secretary
  39. 2018-06-30
    ➕
    TOMKINSON, Craig Ashley appointed
    secretary
  40. 2018-06-30
    ➕
    KERS, Ronald Klaas Otto, Mr. appointed
    director
  41. 2018-06-30
    ➖
    PIKE, Richard Neil resigned
    director
  42. 2018-06-30
    ➕
    TOMKINSON, Craig Ashley appointed
    director
  43. 2017-08-23
    ➖
    DAVIES, Gareth Wyn resigned
    secretary
  44. 2017-08-23
    ➕
    PIKE, Richard Neil appointed
    secretary
  45. 2017-08-23
    ➖
    DAVIES, Gareth Wyn resigned
    director
  46. 2017-07-18
    ➕
    FLETCHER, Martyn Paul appointed
    director
  47. 2017-07-18
    ➖
    LEADBEATER, Stephen Paul resigned
    director
  48. 2017-07-18
    ➕
    PIKE, Richard Neil appointed
    director
  49. 2015-08-05
    ➕
    DAVIES, Gareth Wyn appointed
    secretary
  50. 2015-08-05
    ➖
    MORGAN, David Stephen resigned
    secretary
Showing most recent 50 of 80 events

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

36/100
Weak signal

Limited 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
🔒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 →
🔒Tailored diligence questions

6 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
Typeoversea-company
Incorporated1982-01-20
Jurisdictionunited-kingdom
Primary SIC—

Registered office

PO BOX 309 Ugland House
South Church Street
Grand Cayman Cayman Islands
British West Indies
Cayman Islands

Filing status

Accounts
Next due: —
Last made up to: 2024-07-27
Confirmation statement
Next due: —
Last: —

Officers (2 active · 26 resigned)

FRISTON, Paul Allan→
director · ~53y · appointed 2025-02-01
View their other companies + combined net worth →
Active
KALLAR, Mandeep Singh→
director · ~44y · appointed 2026-01-22
View their other companies + combined net worth →
Active
DAVIES, Gareth Wyn→
secretary · appointed 2015-08-05 · resigned 2017-08-23
Resigned
MORGAN, David Stephen→
secretary · appointed 2012-11-19 · resigned 2015-08-05
Resigned
PIKE, Richard Neil→
secretary · appointed 2017-08-23 · resigned 2018-06-30
Resigned
TOMKINSON, Craig Ashley→
secretary · appointed 2018-06-30 · resigned 2024-07-26
Resigned
WILD, Julian Nicholas→
secretary · appointed 1993-10-05 · resigned 2005-05-31
Resigned
WILLIAMS, Carol→
secretary · appointed 2005-05-31 · resigned 2012-04-16
Resigned
WILLIAMS, Nigel Barry→
secretary · appointed 2024-07-26 · resigned 2024-12-31
Resigned
BARTON, Alan→
director · ~72y · appointed 1998-04-20 · resigned 2000-05-05
Resigned
CHRISTIE, Michael Sean→
director · ~69y · appointed 1996-02-21 · resigned 2004-10-22
Resigned
CLARK, Martin→
director · ~81y · appointed 1993-10-05 · resigned 1996-02-21
Resigned
DAVIES, Gareth Wyn→
director · ~62y · appointed 2015-08-05 · resigned 2017-08-23
Resigned
ELLIS, Ian Anthony→
director · ~63y · appointed 2000-05-05 · resigned 2006-05-19
Resigned
FLETCHER, Martyn Paul→
director · ~59y · appointed 2017-07-18 · resigned 2018-07-31
Resigned
HASKINS, Christopher Robin, Lord→
director · ~89y · appointed 1993-10-05 · resigned 1998-04-20
Resigned
HENDERSON, Stephen→
director · ~69y · appointed 2006-06-30 · resigned 2014-08-01
Resigned
KERS, Ronald Klaas Otto, Mr.→
director · ~57y · appointed 2018-06-30 · resigned 2023-05-26
Resigned
LEADBEATER, Stephen Paul→
director · ~65y · appointed 2014-07-24 · resigned 2017-07-18
Resigned
LILL, Jonathan Craig→
director · ~58y · appointed 2006-05-19 · resigned 2008-07-22
Resigned

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

Recent filings (108 total)

termination-person-secretary-overseas-company-with-name-termination-date
officers · OSTM02
2026-03-30
appoint-person-director-overseas-company-with-name-appointment-date
officers · OSAP01
2026-02-25
termination-person-director-overseas-company-with-name-termination-date
officers · OSTM01
2026-02-24
accounts-with-accounts-type-full
accounts · AA
2025-05-09
appoint-person-secretary-overseas-company-with-appointment-date
officers · OSAP03
2025-04-01
termination-person-secretary-overseas-company-with-name-termination-date
officers · OSTM02
2025-03-17
termination-person-director-overseas-company-with-name-termination-date
officers · OSTM01
2025-03-05
appoint-person-director-overseas-company-with-name-appointment-date
officers · OSAP01
2025-03-04
termination-person-director-overseas-company-with-name-termination-date
officers · OSTM01
2024-10-03
appoint-person-director-overseas-company-with-name-appointment-date
officers · OSAP01
2024-10-03
accounts-with-accounts-type-full
accounts · AA
2024-05-14
accounts-with-accounts-type-full
accounts · AA
2023-08-25
termination-person-director-overseas-company-with-name-termination-date
officers · OSTM01
2023-07-05
appoint-person-director-overseas-company-with-name-appointment-date
officers · OSAP01
2023-07-05
accounts-with-accounts-type-full
accounts · AA
2022-08-04