NORSE V3 LTD

🌿Early-stageactive
SC750958 · ltd · incorporated 2022-11-21
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.
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
68/100
Strong
🔔
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What this business does
Primary activity: Technical testing and analysis
Sector: Professional, scientific & technical
Investor take
Pursue
Active trading company. Reasonable fundamentals — worth a memo before deciding.

Opportunity 68/100 (strong), bankability 70/100. 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: medium (57/100)

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
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
10 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
68/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
90
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (10 events)Click to expand
  1. 2025-09-01
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  2. 2025-08-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-12-18
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2024-12-18
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  5. 2024-12-18
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2024-12-01
    MALCOLM, Emma Joan appointed
    director
  7. 2024-08-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2022-11-21
    🏢
    Company incorporated
    As NORSE V3 LTD
  9. 2022-11-21
    MALCOLM, John Morris appointed
    director
  10. 2022-11-21
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

66/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 med ·
Name changed recently
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2025-09-01: certificate-change-of-name-company

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Emma Joan Malcolm
Individual · British · DOB 06/1983 · age 43
2550%
25–50%25-50% shares · 25-50% voting01/12/2024
Mr John Morris Malcolm
Individual · British · DOB 11/1975 · age 51
2550%
25–50%25-50% shares · 25-50% voting21/11/2022

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.

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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.

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🔒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.

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Company details

Statusactive
Typeltd
Incorporated2022-11-21
Jurisdictionscotland
Primary SIC71200 — Technical testing and analysis

Registered office

63 Argyle Square
Wick
KW1 5AJ
Scotland

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-12-04
Last: 2025-11-20

Officers (2 active · 0 resigned)

MALCOLM, Emma Joan
director · ~43y · appointed 2024-12-01
View their other companies + combined net worth →
Active
MALCOLM, John Morris
director · ~51y · appointed 2022-11-21
View their other companies + combined net worth →
Active

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

Recent filings (10 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-12-02
certificate-change-of-name-company
change-of-name · CERTNM
2025-09-01
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-18
appoint-person-director-company-with-name-date
officers · AP01
2024-12-18
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-12-18
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-18
accounts-with-accounts-type-micro-entity
accounts · AA
2024-08-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-10
incorporation-company
incorporation · NEWINC
2022-11-21