NICOL STREET LTD

💤Zombieactive
SC446506 · ltd · incorporated 2013-04-02
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 Oct 2024
Net worth
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: Public houses and bars
Sector: Accommodation & food service
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 75/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

1 live charge · oldest 7.7y

45/100
under pressure

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

  • · Oldest live charge is 7.7 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
5 officers (1 active, 5 linked, 5 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
42 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
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£0Oct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-10-312023-10-31
Average employees1001700

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

🔒Filing-note intelligence

3 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
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2025-07-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-07-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-07-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-07-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-07-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2020-06-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2019-07-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2019-02-05
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2019-02-04
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2018-11-13
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  11. 2018-11-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2018-10-22
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2018-10-22
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2018-10-18
    ARNOTT, Robert Graeme resigned
    director
  15. 2018-10-18
    RUSSELL, Gordon Iain resigned
    director
  16. 2018-07-30
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  17. 2018-07-25
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  18. 2018-06-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2016-03-07
    LAING, Thomas Fleming resigned
    director
  20. 2016-03-07
    RUSSELL, Gordon Iain appointed
    director
  21. 2013-07-31
    LAING, Thomas Fleming appointed
    director
  22. 2013-04-04
    MACKAY-CAMPBELL, Dallas Margaret appointed
    director
  23. 2013-04-04
    ARNOTT, Robert Graeme appointed
    director
  24. 2013-04-04
    ROSS, Bryan resigned
    director
  25. 2013-04-02
    🏢
    Company incorporated
    As NICOL STREET LTD
  26. 2013-04-02
    ROSS, Bryan 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

58/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 13 years.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

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

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Ms Dallas Margaret Mackay-Campbell
Individual · British · DOB 11/1975 · age 51
75100%
75–100%75-100% shares · 75-100% voting02/04/2017
1 historic (ceased) PSC
  • Caledonian Heritable Ltdceased 18/10/2018· 25-50% shares

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
Incorporated2013-04-02
Jurisdictionscotland
Primary SIC56302 — Public houses and bars

Registered office

31 Townsend Place
Kirkcaldy
KY1 1HB
Scotland

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2027-02-18
Last: 2026-02-04

Officers (1 active · 4 resigned)

MACKAY-CAMPBELL, Dallas Margaret
director · ~51y · appointed 2013-04-04
View their other companies + combined net worth →
Active
ARNOTT, Robert Graeme
director · ~69y · appointed 2013-04-04 · resigned 2018-10-18
Resigned
LAING, Thomas Fleming
director · ~79y · appointed 2013-07-31 · resigned 2016-03-07
Resigned
ROSS, Bryan
director · ~61y · appointed 2013-04-02 · resigned 2013-04-04
Resigned
RUSSELL, Gordon Iain
director · ~55y · appointed 2016-03-07 · resigned 2018-10-18
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge25/07/2018
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (42 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-06-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-04-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-07-16
change-person-director-company-with-change-date
officers · CH01
2019-02-05