NORDA INTERMEDIARY SERVICES LTD

💤Zombieactive
SC634360 · ltd · incorporated 2019-06-25
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 Jul 2024
Net worth
book net assets
Opportunity
76/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Financial intermediation not elsewhere classified
Sector: Financial & insurance
Investor take
Pursue
Active trading company with a 74-year-old founder — textbook succession opportunity.

Opportunity 76/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 74). 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 (73/100).

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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
16 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
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£0Jul 2023Jul 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-07-312023-07-31
Average employees300300

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (11 events)Click to expand
  1. 2025-01-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2023-11-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-02-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-03-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-04-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2020-08-20
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  7. 2020-07-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2019-07-05
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  9. 2019-06-25
    🏢
    Company incorporated
    As NORDA INTERMEDIARY SERVICES LTD
  10. 2019-06-25
    PITBLADO, Douglas Hill appointed
    director
  11. 2019-06-25
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

95/100
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.
  • +Founder age: Director aged approximately 74 — succession pressure is live.
  • +No director turnover: Company is 7 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

75/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 74 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Douglas Hill Pitblado
Individual · British · DOB 10/1952 · age 74
2550%
25–50%25-50% shares · 25-50% voting25/06/2019
Mrs Lesley Margaret Pitblado
Individual · British · DOB 07/1959 · age 67
2550%
25–50%25-50% shares · 25-50% voting25/06/2019
1 historic (ceased) PSC
  • Eloise Charlotte Pitbladoceased 05/07/2019· 25-50% shares · 25-50% voting

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 · KY postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
COTTESMORE LIMITED
SC392573 · est 2011
£1.19M15y8178y
INSURE SMART LIMITED
SC268774 · est 2004
£137.9k21y8160y
MORTGAGE HELP SCOTLAND LTD
SC308427 · est 2006
£15.0k19y8162y
OUR TRAVEL INSURANCE LIMITED
SC394090 · est 2011
£32.5k15y8173y
ABACUS FINANCIAL PLANNING CONSULTANTS LIMITED
SC244682 · est 2003
£202.3k23y8068y
GWENEVE LTD.
SC328078 · est 2007
018y8068y
INDEPENDENT ONE 2 ONE LTD
SC367135 · est 2009
30016y8067y
INDEPENDENT PENSION TRUSTEES LIMITED
SC135111 · est 1991
£10.5k34y8074y
INSURANCE SERVICES (SCOTLAND) LIMITED
SC107387 · est 1987
30038y8063y
INVEST INDIA LIMITED
SC378182 · est 2010
015y8067y
JIM MCARTHUR INDEPENDENT FINANCIAL SERVICES LTD
SC240858 · est 2002
10023y8074y
KINGDOM INVESTMENTS MANAGEMENT LIMITED
SC428631 · est 2012
413y8068y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Incorporated2019-06-25
Jurisdictionscotland
Primary SIC64999 — Financial intermediation not elsewhere classified

Registered office

The Firs Naemoor Road
Crook Of Devon
Kinross
KY13 0UH
Scotland

Filing status

Accounts
Next due: 2026-04-30
Last made up to: 2024-07-31
Confirmation statement
Next due: 2026-07-19
Last: 2025-07-05

Officers (1 active · 0 resigned)

PITBLADO, Douglas Hill
director · ~74y · appointed 2019-06-25
View their other companies + combined net worth →
Active

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

Recent filings (16 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-11
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-20
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-31
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-20
confirmation-statement-with-updates
confirmation-statement · CS01
2023-07-06
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-24
confirmation-statement-with-updates
confirmation-statement · CS01
2022-07-08
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-08
confirmation-statement-with-updates
confirmation-statement · CS01
2021-07-16
accounts-with-accounts-type-micro-entity
accounts · AA
2021-04-06
change-account-reference-date-company-previous-extended
accounts · AA01
2020-08-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-07-17
confirmation-statement-with-updates
confirmation-statement · CS01
2020-07-16
confirmation-statement-with-updates
confirmation-statement · CS01
2019-07-05
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2019-07-05