NORTH LIMITED
⚰️Wound downdissolved
SC154121 · ltd · incorporated 1994-11-07
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
63/100
Worth a look
What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 63/100 (worth a look), bankability 62/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (45/100).
🏦
Refinance opportunity
13 live charges · 4 lenders · oldest 24.2y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 24.2 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 50/100 (high).
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
13 charges (13/13 with lender, 13/13 with type)
90
Directors & officers
11 officers (4 active, 11 linked, 7 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
22 connected companies via shared directors
90
Filing history
125 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
63/100Worth 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
85
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 (61 events)Click to expand
- 2023-05-30📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2023-05-30🏁Company dissolved
- 2023-03-14📄gazette-notice-voluntarygazette · GAZ1(A)
- 2023-03-06📄dissolution-application-strike-off-companydissolution · DS01
- 2022-03-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-05-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-03-04📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-02-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-02-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-01-12📄termination-director-company-with-name-termination-dateofficers · TM01
- 2017-08-24➖PROSSER, William Richard Milligan resigneddirector
- 2017-03-24📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-04-12📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-11-10📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-01-05📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2014-11-18📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-04-23📄gazette-filings-brought-up-to-dategazette · DISS40
- 2014-04-22📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-04-18📄gazette-notice-compulsarygazette · GAZ1
- 2013-12-19📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2006-12-21🔒Charge registered #13Lender: Rafiq Ali
- 2006-11-02🔓Charge satisfied #9
- 2006-10-09🔒Charge registered #12Lender: Rafiq Ali
- 2006-07-07🔓Charge satisfied #11
- 2005-09-07➖ANDERSON, David Michael resigneddirector
- 2005-07-01🔓Charge satisfied #8
- 2005-07-01🔓Charge satisfied #7
- 2005-07-01🔓Charge satisfied #6
- 2005-07-01🔓Charge satisfied #5
- 2005-07-01🔓Charge satisfied #4
- 2005-07-01🔓Charge satisfied #2
- 2005-06-02🔒Charge registered #11Lender: Deutsche Bank Ag London
- 2005-05-09🔓Charge satisfied #1
- 2005-04-29🔒Charge registered #10Lender: Deutsche Bank Ag London
- 2005-04-15🔓Charge satisfied #3
- 2005-04-07🔒Charge registered #9Lender: Deutsche Bank Ag London
- 2003-02-27🔒Charge registered #8Lender: Hsbc Bank PLC
- 2003-01-23🔒Charge registered #7Lender: Hsbc Bank PLC
- 2003-01-17🔒Charge registered #6Lender: Hsbc Bank PLC
- 2002-12-13🔒Charge registered #5Lender: Hsbc Bank PLC
- 2002-11-06🔒Charge registered #4Lender: Hsbc Bank PLC
- 2002-03-14🔒Charge registered #3Lender: Sawers Properties Limited & Sawers Properties (Adams Court) Limited
- 2002-03-14🔒Charge registered #2Lender: Hsbc Bank PLC
- 2002-01-22🔒Charge registered #1Lender: Hsbc Bank PLC
- 1998-10-15➕CASELEY, Hugh Munro Bater appointedsecretary
- 1998-10-15➖STONEMAN, Richard Charles Innes resignedsecretary
- 1998-10-09➖GRAY, Walter Kidd resigneddirector
- 1998-07-14➖JACKMAN, Norman Charles resignedsecretary
- 1998-07-14➕STONEMAN, Richard Charles Innes appointedsecretary
- 1995-03-13➕BURT, Douglas Gray appointeddirector
Showing most recent 50 of 61 events
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Long-tenure founder: Senior director has been in place 31 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 68 — succession pressure is live.
Succession & seller-readiness
80/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
- primary20+ year tenure: Director in role 31 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 31 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 high · 1 med ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2023-05-30
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
2 corporate shareholders identified. Group structure is distributed.
🏛️significant stake
Kimberley Securities Limited
Corporate parent · holds 25-50% shares
🏛️significant stake
Ac&H 253 Limited
Corporate parent · holds 25-50% shares
⬇
NORTH LIMITED
This company · SC154121
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Kimberley Securities Limited Corporate entity | 25–50% | — | 25-50% shares | 06/04/2016 |
Ac&H 253 Limited Corporate entity | 25–50% | — | 25-50% shares | 06/04/2016 |
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 →Similar companies
Active · Other · ML postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 24/7 ELITE HEALTHCARE LTD→ SC666702 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ABBEY IMPORT/EXPORT L.P.→ SL008023 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| ABBEYDALE DEVELOPMENTS L.P.→ SL019333 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| ABBEYGREEN MINISTRIES TRUST→ SC645441 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ABBEYWOOD ENTERPRISES L.P.→ SL007466 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| ABBEYWOOD INVESTMENTS L.P.→ SL017158 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| ABC GLOBAL IMPORT/EXPORT L.P.→ SL015443 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| ABC IMPORT/EXPORT L.P.→ SL022054 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| ABITEX LP→ SL016562 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| ABRY HOLDING L.P.→ SL028481 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ABSOLUTE SOLUTIONS L.P.→ SL017921 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| ABSOLUTE SUPPORT L.P.→ SL009580 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
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
Statusdissolved
Typeltd
Incorporated1994-11-07
Jurisdictionscotland
Primary SIC99999 — SIC 99999
Registered office
1st Floor
29 Bothwell Road
Hamilton
South Lanarkshire
ML3 0AS
Filing status
Accounts
Next due: —
Last made up to: 2021-06-30
Confirmation statement
Next due: —
Last: —
Officers (0 active · 7 resigned)
CASELEY, Hugh Munro Bater→
Activesecretary · appointed 1998-10-15
View their other companies + combined net worth →
BURT, Douglas Gray→
Activedirector · ~68y · appointed 1995-03-13
View their other companies + combined net worth →
CASELEY, Hugh Munro Bater→
Activedirector · ~66y · appointed 1995-03-13
View their other companies + combined net worth →
PEARCE, Philip Martin→
Activedirector · ~68y · appointed 1995-03-13
View their other companies + combined net worth →
JACKMAN, Norman Charles→
Resignedsecretary · appointed 1995-03-13 · resigned 1998-07-14
REID, Brian→
Resignednominee-secretary · appointed 1994-11-07 · resigned 1994-11-07
STONEMAN, Richard Charles Innes→
Resignedsecretary · appointed 1998-07-14 · resigned 1998-10-15
ANDERSON, David Michael→
Resigneddirector · ~86y · appointed 1995-03-13 · resigned 2005-09-07
GRAY, Walter Kidd→
Resigneddirector · ~78y · appointed 1995-03-13 · resigned 1998-10-09
MABBOTT, Stephen→
Resignednominee-director · ~76y · appointed 1994-11-07 · resigned 1994-11-07
PROSSER, William Richard Milligan→
Resigneddirector · ~71y · appointed 1995-03-13 · resigned 2017-08-24
Click a director name to see their full track record across all companies.
Mortgages & charges
13
Total charges
3
Outstanding
2
Active lenders
Status:Lender:13 of 13 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Rafiq Ali | Standard security | 1 property | 21/12/2006 | — | |
| outstanding | Rafiq Ali | Standard security | 1 property | 09/10/2006 | — | |
| satisfied | Deutsche Bank Ag London | Assignation in security | 2 properties | 02/06/2005 | 07/07/2006 | |
| outstanding | Deutsche Bank Ag London | Standard security | 3 properties | 29/04/2005 | — | |
| satisfied | Deutsche Bank Ag London | Floating charge | 1 property | 07/04/2005 | 02/11/2006 | |
| satisfied | HSBC Hsbc Bank PLC | Standard security | 1 property | 27/02/2003 | 01/07/2005 | |
| satisfied | HSBC Hsbc Bank PLC | Standard security | 1 property | 23/01/2003 | 01/07/2005 | |
| satisfied | HSBC Hsbc Bank PLC | Standard security | 1 property | 17/01/2003 | 01/07/2005 | |
| satisfied | HSBC Hsbc Bank PLC | Standard security | 1 property | 13/12/2002 | 01/07/2005 | |
| satisfied | HSBC Hsbc Bank PLC | Standard security | 1 property | 06/11/2002 | 01/07/2005 | |
| satisfied | Sawers Properties & Sawers Properties (Adams Court) Sawers Properties Limited & Sawers Properties (Adams Court) Limited | Standard security | 1 property | 14/03/2002 | 15/04/2005 | |
| satisfied | HSBC Hsbc Bank PLC | Standard security | 1 property | 14/03/2002 | 01/07/2005 | |
| satisfied | HSBC Hsbc Bank PLC | Floating charge | 1 property | 22/01/2002 | 09/05/2005 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (125 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2023-05-30
gazette-notice-voluntary
gazette · GAZ1(A)
2023-03-14
dissolution-application-strike-off-company
dissolution · DS01
2023-03-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-17
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-17
accounts-with-accounts-type-micro-entity
accounts · AA
2021-05-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-16
accounts-with-accounts-type-micro-entity
accounts · AA
2020-03-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-11-12
accounts-with-accounts-type-micro-entity
accounts · AA
2019-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-11-16
accounts-with-accounts-type-micro-entity
accounts · AA
2018-02-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-01-12
termination-director-company-with-name-termination-date
officers · TM01
2018-01-12