NORTH STAR MIDCO LIMITED
🌿Early-stageactive
SC703836 · ltd · incorporated 2021-07-09
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
What changed my view
Last 30 days
No material changes in the last 30 days.
Last 90 days
No snapshot from 90 days ago — start tracking from today.
Last 180 days
No snapshot from 180 days ago — start tracking from today.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
69/100
Strong
What this business does
Primary activity: Activities of other holding companies n.e.c.
Sector: Financial & insurance
Investor take
PursueAsset-holding vehicle. Reasonable fundamentals — worth a memo before deciding.
Opportunity 69/100 (strong), bankability 52/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (63/100).
🏦
Refinance opportunity
7 live charges · 4 lenders · oldest 4.9y
25/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Charge age ~4.9 years — mid-life; refi window approaching.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 33/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (60/100)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
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
9 officers (4 active, 9 linked, 8 with DOB)
88
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
11 connected companies via shared directors
78
Filing history
34 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 officers
Last 180 days
2
filings
- • 2 officers
Counts from Companies House filing history.
Corporate timeline (46 events)Click to expand
- 2026-03-17📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-03-16➖BRADFORD, James resigneddirector
- 2026-02-03📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-01-30➕LANG, Joanna Marion appointeddirector
- 2025-09-18📄accounts-with-accounts-type-smallaccounts · AA
- 2025-08-29📄change-person-director-company-with-change-dateofficers · CH01
- 2025-08-29📄change-person-director-company-with-change-dateofficers · CH01
- 2025-06-02📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-05-16📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-05-12🔒Charge registered #7Lender: Kroll Trustee Services Limited in Its Capacity as Security Trustee for Itself and the Other Secured Parties
- 2025-02-16📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-02-13➖GORDON, Matthew James resigneddirector
- 2024-12-04📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-12-02➕TALMO, Gitte Gard appointeddirector
- 2024-09-06📄accounts-with-accounts-type-smallaccounts · AA
- 2024-05-02➖HOLDEN, Alan resigneddirector
- 2024-05-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-11-02➕BRADFORD, James appointeddirector
- 2023-11-02📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-09-20📄accounts-with-accounts-type-smallaccounts · AA
- 2023-06-01📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2023-05-16📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2023-05-10📄accounts-with-accounts-type-smallaccounts · AA
- 2022-10-21📄appoint-corporate-secretary-company-with-name-dateofficers · AP04
- 2022-10-04➕BURNESS PAULL LLP appointedcorporate-secretary
- 2022-03-03📄capital-allotment-sharescapital · SH01
- 2022-02-21📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-02-21📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-01-28➖JONES, Wil resigneddirector
- 2022-01-28➖O'HARA, Andrew Neil resigneddirector
- 2022-01-28📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-01-28🔓Charge satisfied #3
- 2022-01-12🔓Charge satisfied #2
- 2022-01-12🔓Charge satisfied #1
- 2021-12-20🔒Charge registered #6Lender: Lucid Trustee Services Limited (The Security Trustee)
- 2021-12-20🔒Charge registered #5Lender: Lucid Trustee Services Limited (The Security Trustee)
- 2021-12-20🔒Charge registered #4Lender: Lucid Trustee Services Limited as Security Trustee
- 2021-07-22🔒Charge registered #3Lender: Lucid Trustee Services Limited as Security Trustee
- 2021-07-22🔒Charge registered #2Lender: Lucid Trustee Services Limited as Security Trustee for Itself and the Other Secured Parties
- 2021-07-22🔒Charge registered #1Lender: Lucid Trustee Services Limited as Security Trustee for Itself and the Other Secured Parties
- 2021-07-09🏢Company incorporatedAs NORTH STAR MIDCO LIMITED
- 2021-07-09➕DOBBIE, Fraser Robert appointeddirector
- 2021-07-09➕GORDON, Matthew James appointeddirector
- 2021-07-09➕HOLDEN, Alan appointeddirector
- 2021-07-09➕JONES, Wil appointeddirector
- 2021-07-09➕O'HARA, Andrew Neil appointeddirector
Owner dependency
50/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
Succession & seller-readiness
30/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
Red flags
1 med ·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
North Star Holdco Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
North Star Holdco Limited
Corporate parent · holds 75-100% shares · board control
⬇
NORTH STAR MIDCO LIMITED
This company · SC703836
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
North Star Holdco Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 09/07/2021 |
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 · Holding company · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| THE RUTLAND (EDINBURGH) LIMITED→ SC247306 · est 2003 | £6.24M £5.31M–£7.18M | — | £6.24M | — | 23y | 82 | 77y |
| DIRECTIONAL DRILLING DYNAMICS LIMITED→ SC119569 · est 1989 | £662.1k £562.8k–£761.4k | — | £662.1k | — | 36y | 81 | 74y |
| ABERDEEN MOTOR TRAWLERS LIMITED→ SC031156 · est 1955 | £564.5k £479.8k–£649.1k | — | £564.5k | — | 70y | 80 | 77y |
| HERD HOLDINGS LIMITED→ SC254945 · est 2003 | £236.6k £201.1k–£272.1k | — | £236.6k | — | 22y | 82 | 78y |
| THE DON FISHING COMPANY (TRAWLING) LIMITED→ SC133042 · est 1991 | £172.7k £146.8k–£198.6k | — | £172.7k | — | 34y | 82 | 77y |
| CULLEN HOUSE GARDENS LIMITED→ SC089719 · est 1984 | £20.1k £17.1k–£23.1k | — | £20.1k | — | 41y | 81 | 86y |
| WOOD & DAVIDSON LIMITED→ SC004296 · est 1899 | £11.3k £9.6k–£12.9k | — | £11.3k | — | 126y | 82 | 77y |
| ABERDEEN NEAR WATER TRAWLERS LIMITED→ SC033276 · est 1958 | £11.2k £9.6k–£12.9k | — | £11.2k | — | 67y | 80 | 77y |
| LONDON SHETLAND SECURITIES LIMITED→ SC192120 · est 1998 | £5.6k £4.8k–£6.5k | — | £5.6k | — | 27y | 82 | 69y |
| DON FISHING COMPANY (FRASERBURGH) LIMITED (THE)→ SC092365 · est 1985 | £2.0k £1.7k–£2.3k | — | £2.0k | — | 41y | 82 | 77y |
| BANFFSHIRE FISHSELLING COMPANY LIMITED→ SC054512 · est 1973 | £2 £2–£2 | — | £2 | — | 52y | 82 | 77y |
| ABERDEEN INSHORE ENGINEERING LIMITED→ SC042022 · est 1965 | £2 £2–£2 | — | £2 | — | 61y | 80 | 77y |
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
Incorporated2021-07-09
Jurisdictionscotland
Primary SIC64209 — Activities of other holding companies n.e.c.
Registered office
First Floor, Suite 3, Prime View
Prime Four Business Park
Kingswells
AB15 8PU
Scotland
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-07-22
Last: 2025-07-08
Officers (4 active · 5 resigned)
BURNESS PAULL LLP→
Activecorporate-secretary · appointed 2022-10-04
View their other companies + combined net worth →
DOBBIE, Fraser Robert→
Activedirector · ~40y · appointed 2021-07-09
View their other companies + combined net worth →
LANG, Joanna Marion→
Activedirector · ~48y · appointed 2026-01-30
View their other companies + combined net worth →
TALMO, Gitte Gard→
Activedirector · ~54y · appointed 2024-12-02
View their other companies + combined net worth →
BRADFORD, James→
Resigneddirector · ~70y · appointed 2023-11-02 · resigned 2026-03-16
GORDON, Matthew James→
Resigneddirector · ~50y · appointed 2021-07-09 · resigned 2025-02-13
HOLDEN, Alan→
Resigneddirector · ~54y · appointed 2021-07-09 · resigned 2024-05-02
JONES, Wil→
Resigneddirector · ~40y · appointed 2021-07-09 · resigned 2022-01-28
O'HARA, Andrew Neil→
Resigneddirector · ~60y · appointed 2021-07-09 · resigned 2022-01-28
Click a director name to see their full track record across all companies.
Mortgages & charges
7
Total charges
4
Outstanding
3
Active lenders
Status:Lender:7 of 7 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Kroll Trustee Services in Its Capacity as Security Trustee for Itself and the Other Secured Parties Kroll Trustee Services Limited in Its Capacity as Security Trustee for Itself and the Other Secured Parties | A registered charge | — | 12/05/2025 | — | |
| outstanding | Lucid Trustee Services (The Security Trustee) Lucid Trustee Services Limited (The Security Trustee) | A registered charge | — | 20/12/2021 | — | |
| outstanding | Lucid Trustee Services (The Security Trustee) Lucid Trustee Services Limited (The Security Trustee) | A registered charge | — | 20/12/2021 | — | |
| outstanding | Lucid Trustee Services as Security Trustee Lucid Trustee Services Limited as Security Trustee | A registered charge | 1 property | 20/12/2021 | — | |
| satisfied | Lucid Trustee Services as Security Trustee Lucid Trustee Services Limited as Security Trustee | A registered charge | 1 property | 22/07/2021 | 28/01/2022 | |
| satisfied | Lucid Trustee Services as Security Trustee for Itself and the Other Secured Parties Lucid Trustee Services Limited as Security Trustee for Itself and the Other Secured Parties | A registered charge | — | 22/07/2021 | 12/01/2022 | |
| satisfied | Lucid Trustee Services as Security Trustee for Itself and the Other Secured Parties Lucid Trustee Services Limited as Security Trustee for Itself and the Other Secured Parties | A registered charge | — | 22/07/2021 | 12/01/2022 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (34 total)
termination-director-company-with-name-termination-date
officers · TM01
2026-03-17
appoint-person-director-company-with-name-date
officers · AP01
2026-02-03
accounts-with-accounts-type-small
accounts · AA
2025-09-18
change-person-director-company-with-change-date
officers · CH01
2025-08-29
change-person-director-company-with-change-date
officers · CH01
2025-08-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-11
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-06-02
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-05-16
termination-director-company-with-name-termination-date
officers · TM01
2025-02-16
appoint-person-director-company-with-name-date
officers · AP01
2024-12-04
accounts-with-accounts-type-small
accounts · AA
2024-09-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-19
termination-director-company-with-name-termination-date
officers · TM01
2024-05-02
appoint-person-director-company-with-name-date
officers · AP01
2023-11-02
accounts-with-accounts-type-small
accounts · AA
2023-09-20