NE BLEND LTD

🌿Early-stageactive

SC782931 · ltd · incorporated 2023-09-19

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

—

year to Sept 2024

Net worth

—

book net assets

Opportunity

72/100

Strong

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What this business does

Primary activity: Unlicenced restaurants and cafes

Sector: Accommodation & food service

Investor take

Pursue

Strong opportunity: active trading company with strong profile and bankable structure.

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).

🏦

Refinance opportunity

1 live charge · oldest 2.2y

50/100

clean up first

Refinance viable after a tidy-up — address the highlighted items first.

· Newest facility, 2.2 years old — likely still in initial term.
· Single lender — cleanest path to refinance.
· Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (74/100)

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

1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

2 officers (2 active, 2 linked, 2 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

10 connected companies via shared directors

Filing history

5 filings

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

72/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2024-09-30
Average employees	500

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

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (7 events)Click to expand

2025-06-18
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-03-20
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-03-13
🔒
Charge registered #1
Lender: Hsbc UK Bank PLC
2023-09-19
🏢
Company incorporated
As NE BLEND LTD
2023-09-19
➕
SARWAR, Naveed appointed
director
2023-09-19
➕
UL-HAQ, Mohammad Ehsan appointed
director
2023-09-19
📄
incorporation-company
incorporation · NEWINC

Owner dependency

63/100

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.
+Young company: Only 2.7 years old — management layer unlikely to be developed.

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

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

Name	Shares	Voting rights	Nature of control	Notified
Mr Naveed Sarwar Individual · British · DOB 06/1971 · age 55	25–50%	25–50%	board control25-50% shares · 25-50% voting · board control	19/09/2023
Mr Mohammad Ehsan Ul-Haq Individual · British · DOB 12/1980 · age 46	25–50%	25–50%	board control25-50% shares · 25-50% voting · board control	19/09/2023

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 · Hospitality · AB postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
SODEXO REMOTE SITES HOLDINGS LIMITED→ SC191991 · est 1998	£2.58M £1.94M–£3.23M	—	—	0	27y	83	58y
BRUDOLFF HOTELS LIMITED→ SC094745 · est 1985	£28.9k £21.6k–£36.1k	—	—	91	40y	94	71y
BALMEDIE FISH & CHIP SHOP LIMITED→ SC239883 · est 2002	—	—	£66.7k	—	23y	83	61y
H.C.C.P. LTD.→ SC298267 · est 2006	—	—	£161.2k	—	20y	83	70y
JEMAL LIMITED→ SC331562 · est 2007	—	—	—	500	18y	83	62y
MOUNTLOCH LIMITED→ SC210749 · est 2000	—	—	£306.2k	—	25y	83	72y
ABERDEEN COMPOSITE COMPANY (1248) LIMITED→ SC246599 · est 2003	—	—	£7.6k	—	23y	82	74y
BLU INNS LIMITED→ SC210592 · est 2000	—	—	£3.0k	—	25y	82	73y
BRIAN MURRAY CATERING SERVICES LIMITED→ SC190064 · est 1998	—	—	£275.2k	—	27y	82	67y
BRIARTEN LIMITED→ SC290126 · est 2005 · no financials extracted	—	—	—	—	20y	82	70y
BUCHAN BRAES HOTEL LIMITED→ SC329896 · est 2007	—	—	£1.22M	—	18y	82	62y
BYTH ESTATES LIMITED→ SC263994 · est 2004	—	—	£10.0k	—	22y	82	71y

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.

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Company details

Statusactive

Typeltd

Incorporated2023-09-19

Jurisdictionscotland

Primary SIC56102 — Unlicenced restaurants and cafes

Registered office

70 Victoria Road

Aberdeen

AB11 9DS

Scotland

Filing status

Accounts

Next due: 2026-06-30

Last made up to: 2024-09-30

Confirmation statement

Next due: 2026-09-27

Last: 2025-09-13

Officers (2 active · 0 resigned)

SARWAR, Naveed→

director · ~55y · appointed 2023-09-19

View their other companies + combined net worth →

Active

UL-HAQ, Mohammad Ehsan→

director · ~46y · appointed 2023-09-19

View their other companies + combined net worth →

Active

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:1 of 1 shown

			Type	Properties
	outstanding	HSBC Hsbc UK Bank PLC	A registered charge	1 property	13/03/2024	—

Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (5 total)

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-10-10

accounts-with-accounts-type-micro-entity

accounts · AA

2025-06-18

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-09-13

mortgage-create-with-deed-with-charge-number-charge-creation-date

mortgage · MR01

2024-03-20

incorporation-company

incorporation · NEWINC

2023-09-19