28LIMESTREET LTD
🌳Matureactive
00545753 · ltd · incorporated 1955-03-11
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 53.7y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Apr 2025
Net worth
—
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: Non-specialised wholesale trade
Sector: Wholesale & retail
ALSO REGISTERED FOR
- 47190Other retail sale in non-specialised stores
Investor take
PursueActive trading company with a 80-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 80). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 53.7y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 53.7 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
8 officers (3 active, 8 linked, 6 with DOB)
85
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
122 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-04-30 | 2024-04-30 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals 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
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
- 2026-01-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-08-22📍change-sail-address-company-with-old-address-new-addressaddress · AD02
- 2024-09-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-08-21📄change-person-director-company-with-change-dateofficers · CH01
- 2023-07-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-09-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-07-05📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-03-09✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2021-09-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-12-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-10-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-01-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-09-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-11-02📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-08-24📍move-registers-to-sail-company-with-new-addressaddress · AD03
- 2011-12-20➖ORMOND, John Williamson resigneddirector
- 2008-07-04➕ORMOND, Joan Lesley appointeddirector
- 2007-07-20➕MCEWAN, Clare Louise appointeddirector
- 1999-06-03🔓Charge satisfied #2
- 1996-07-17➕ORMOND, Joan Lesley appointedsecretary
- 1996-07-17➖ORMOND, John Williamson resignedsecretary
- 1996-07-17➖AVERY, Joseph Anthony resigneddirector
- 1995-04-21➖LOWES, William Keith resigneddirector
- 1995-04-21🔒Charge registered #2Lender: Keith Lowes
- 1991-08-21➖HALL, Norman resigneddirector
- 1972-09-29🔒Charge registered #1Lender: Barclays Bank PLC
- 1955-03-11🏢Company incorporatedAs 28LIMESTREET LTD
Owner dependency
83/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 80 — succession pressure is live.
Succession & seller-readiness
89/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 80 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 19 years.
- secondaryStable-but-static management: Company is 71 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanNo 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 |
|---|---|---|---|---|
Clare Louise Mcewan Individual · British · DOB 03/1975 · age 51 | 50–75% | 50–75% | 50-75% shares · 50-75% voting | 06/04/2016 |
Joan Lesley Ormond Individual · British · DOB 12/1946 · age 80 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
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 · Wholesale & distribution · NE postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1998 LTD→ 15319961 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 30M DISTRIBUTION LTD→ 07381437 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| 413 LEATHER LTD→ 13907911 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| 4S EVENT SOLUTIONS LTD→ 16662104 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 55 FISHERIES LIMITED→ 12741183 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 6 BARRELS LIMITED→ 15644640 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 80 PERCENT THE TATTOO NARCOTIC LTD→ 16190514 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 9JADUN FOOD HUB LIMITED→ 16476026 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| A D FIXINGS LTD→ 11521715 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| A.A EURO TEXTILE LTD→ 13633916 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| A.BHAKER LIMITED→ 15027618 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| A.F.M. EUROPE LIMITED→ 01389776 · est 1978 · no financials extracted | — | — | — | — | 47y | — | — |
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.
See pricing →Company details
Statusactive
Typeltd
Incorporated1955-03-11
Jurisdictionengland-wales
Primary SIC46900 — Non-specialised wholesale trade
Registered office
28 Lime Street
Newcastle Upon Tyne
NE1 2PL
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-08-28
Last: 2025-08-14
Officers (3 active · 5 resigned)
ORMOND, Joan Lesley→
Activesecretary · appointed 1996-07-17
View their other companies + combined net worth →
MCEWAN, Clare Louise→
Activedirector · ~51y · appointed 2007-07-20
View their other companies + combined net worth →
ORMOND, Joan Lesley→
Activedirector · ~80y · appointed 2008-07-04
View their other companies + combined net worth →
ORMOND, John Williamson→
Resignedsecretary · resigned 1996-07-17
AVERY, Joseph Anthony→
Resigneddirector · ~95y · resigned 1996-07-17
HALL, Norman→
Resigneddirector · ~105y · resigned 1991-08-21
LOWES, William Keith→
Resigneddirector · ~73y · resigned 1995-04-21
ORMOND, John Williamson→
Resigneddirector · ~83y · resigned 2011-12-20
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Keith Lowes | Legal mortgage | 1 property | 21/04/1995 | 03/06/1999 | |
| outstanding | Barclays Barclays Bank PLC | Charge | 1 property | 29/09/1972 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (122 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-05
confirmation-statement-with-updates
confirmation-statement · CS01
2025-08-27
change-sail-address-company-with-old-address-new-address
address · AD02
2025-08-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-25
confirmation-statement-with-updates
confirmation-statement · CS01
2024-08-19
confirmation-statement-with-updates
confirmation-statement · CS01
2023-08-21
change-person-director-company-with-change-date
officers · CH01
2023-08-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-08
confirmation-statement-with-updates
confirmation-statement · CS01
2022-08-29
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-07-05
certificate-change-of-name-company
change-of-name · CERTNM
2022-03-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-10