NORBRIT PIZZA LIMITED

💤Zombieactive
SC202303 · ltd · incorporated 1999-12-13
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 Mar 2025
Net worth
—
book net assets
Opportunity
79/100
Strong
🔔
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What this business does
Primary activity: Take-away food shops and mobile food stands
Sector: Accommodation & food service
Investor take
Pursue
Active trading company with a 61-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 77/100. Strong seller-intent signal (80/100, director aged 61). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

3 live charges · 3 lenders · oldest 25.4y

15/100
under pressure

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

  • · Oldest live charge is 25.4 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (82/100)

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
9 officers (2 active, 9 linked, 6 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
104 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
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£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31

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
1
filing
  • • 1 confirmation-statement
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (40 events)Click to expand
  1. 2025-12-10
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-06-18
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  3. 2024-06-18
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2024-05-31
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2023-12-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2023-05-09
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2022-05-03
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2021-05-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2021-04-14
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2020-09-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2019-07-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2019-03-06
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  13. 2019-03-05
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  14. 2018-10-05
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2018-10-03
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2018-10-03
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  17. 2018-10-03
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  18. 2012-08-24
    🔓
    Charge satisfied #1
  19. 2008-03-12
    🔓
    Charge satisfied #3
  20. 2008-03-12
    🔓
    Charge satisfied #2
  21. 2008-02-13
    ➖
    AS COMPANY SERVICES LIMITED resigned
    corporate-secretary
  22. 2008-02-13
    ➖
    HILES, Peter Edward resigned
    director
  23. 2008-02-13
    ➖
    SHAND, George resigned
    director
  24. 2007-11-26
    ➖
    ANDERSON STRATHERN resigned
    corporate-secretary
  25. 2007-11-26
    ➕
    AS COMPANY SERVICES LIMITED appointed
    corporate-secretary
  26. 2007-09-03
    ➕
    KANDOLA, Kulvir Kaur appointed
    secretary
  27. 2007-09-03
    ➕
    KANDOLA, Surinder Singh appointed
    director
  28. 2006-08-11
    ➖
    RICHARDSON, William Anthony resigned
    director
  29. 2004-12-15
    🔒
    Charge registered #3
    Lender: Domino's Pizza Group Limited
  30. 2002-09-27
    🔒
    Charge registered #2
    Lender: D P Capital Limited
  31. 2001-02-15
    ➕
    RICHARDSON, William Anthony appointed
    director
  32. 2000-12-10
    🔒
    Charge registered #1
    Lender: National Westminster Bank PLC
  33. 2000-08-08
    ➖
    BROWN, Simon Thomas David resigned
    director
  34. 2000-08-08
    ➕
    HILES, Peter Edward appointed
    director
  35. 2000-08-08
    ➖
    KERR, John Neilson resigned
    director
  36. 2000-08-08
    ➕
    SHAND, George appointed
    director
  37. 1999-12-13
    🏢
    Company incorporated
    As NORBRIT PIZZA LIMITED
  38. 1999-12-13
    ➕
    ANDERSON STRATHERN appointed
    corporate-secretary
  39. 1999-12-13
    ➕
    BROWN, Simon Thomas David appointed
    director
  40. 1999-12-13
    ➕
    KERR, John Neilson 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 19 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.

Succession & seller-readiness

78/100
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 61. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 19 years.
  • secondaryStable-but-static management: Company is 26 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 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Surinder Singh Kandola
Individual · British · DOB 03/1965 · age 61
——sig. influencesignificant influence06/04/2016

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 →

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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
Incorporated1999-12-13
Jurisdictionscotland
Primary SIC56103 — Take-away food shops and mobile food stands

Registered office

58 Norbrit Pizza Limited C/O Anderson Strathern Llp
58 Morrison Street
Edinburgh
EH3 8BP
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-12-27
Last: 2025-12-13

Officers (2 active · 7 resigned)

KANDOLA, Kulvir Kaur→
secretary · appointed 2007-09-03
View their other companies + combined net worth →
Active
KANDOLA, Surinder Singh→
director · ~61y · appointed 2007-09-03
View their other companies + combined net worth →
Active
ANDERSON STRATHERN→
corporate-secretary · appointed 1999-12-13 · resigned 2007-11-26
Resigned
AS COMPANY SERVICES LIMITED→
corporate-secretary · appointed 2007-11-26 · resigned 2008-02-13
Resigned
BROWN, Simon Thomas David→
director · ~66y · appointed 1999-12-13 · resigned 2000-08-08
Resigned
HILES, Peter Edward→
director · ~69y · appointed 2000-08-08 · resigned 2008-02-13
Resigned
KERR, John Neilson→
director · ~70y · appointed 1999-12-13 · resigned 2000-08-08
Resigned
RICHARDSON, William Anthony→
director · ~59y · appointed 2001-02-15 · resigned 2006-08-11
Resigned
SHAND, George→
director · ~89y · appointed 2000-08-08 · resigned 2008-02-13
Resigned

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

Mortgages & charges

3
Total charges
0
Outstanding
0
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
satisfied
Domino's Pizza Group
Domino's Pizza Group Limited
Floating charge4 properties15/12/200412/03/2008
satisfied
D P Capital
D P Capital Limited
Floating charge3 properties27/09/200212/03/2008
satisfied
National Westminster Bank
National Westminster Bank PLC
Floating charge1 property10/12/200024/08/2012

Recent filings (104 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-03
accounts-with-accounts-type-dormant
accounts · AA
2025-12-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-11
change-person-secretary-company-with-change-date
officers · CH03
2024-06-18
change-person-director-company-with-change-date
officers · CH01
2024-06-18
accounts-with-accounts-type-dormant
accounts · AA
2024-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-09
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-12-12
accounts-with-accounts-type-dormant
accounts · AA
2023-05-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-25
accounts-with-accounts-type-dormant
accounts · AA
2022-05-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-06
change-person-director-company-with-change-date
officers · CH01
2021-04-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-09