NORBLAST LTD
Opportunity 72/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Total assets | £14.9k | £10.7k |
| Current assets | £7.9k | £2.7k |
| Cash | £5.8k | £2.3k |
| Debtors | £2.1k | £374 |
| Net assets | £14.9k | £10.4k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 accounts
Corporate timeline (12 events)Click to expand
- 2025-11-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-04-21📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-03-30📄capital-allotment-sharescapital · SH01
- 2024-11-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-02-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-10📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-01-01➕HUTCHISON, Darren appointeddirector
- 2023-01-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-09-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-06-08🏢Company incorporatedAs NORBLAST LTD
- 2020-06-08➕SINCLAIR, Steven John appointeddirector
- 2020-06-08📄incorporation-companyincorporation · NEWINC
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Limited succession signal. Not a near-term off-market candidate.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanShareholders & ownership
2 active beneficial owners · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Steven John Sinclair Individual · Scottish · DOB 04/1982 · age 44 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 08/06/2020 |
Mr Darren Hutchison Individual · British · DOB 02/1973 · age 53 | 25–50% | — | 25-50% shares | 30/03/2025 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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|---|---|---|---|---|---|---|---|
| ELLIS-HALL CONSULTANTS LIMITED→ SC110967 · est 1988 | — | — | £3.18M | — | 37y | 82 | 76y |
| JOHN G. CORSE FUNERAL DIRECTORS LIMITED→ SC294099 · est 2005 | — | — | — | 1200 | 20y | 82 | 64y |
| BEINN THARSUINN WINDFARM COMMUNITY LIMITED→ SC319675 · est 2007 | — | — | £525.2k | — | 19y | 81 | 79y |
| BLARGOANS LIMITED→ SC360136 · est 2009 | — | — | £1.10M | — | 16y | 81 | 61y |
| NORTH HIGHLAND REGENERATION FUND→ SC301805 · est 2006 | — | — | — | 0 | 19y | 81 | 84y |
| PAPA WESTRAY BUILDING PRESERVATION TRUST→ SC286513 · est 2005 | — | — | — | — | 20y | 81 | 76y |
| KODEVIA LTD→ SC866653 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| MAID IN CAITHNESS LTD→ SC855568 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| NORTH HIGHLAND INITIATIVE→ SC351444 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| ORKNEY CRAB LIMITED→ SC785678 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
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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 →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
Registered office
Filing status
Officers (2 active · 0 resigned)
Click a director name to see their full track record across all companies.