NOVAR LIMITED

💤Zombieactive

02262172 · ltd · incorporated 1988-05-25

Investment thesis

Zombie company — trading but stalled; unlikely mover.

Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.

Why risky: No growth signal; thin margin for error on price.

🔒Estimated value

—

Upgrade to see

Turnover

—

not disclosed

Net worth

—

book net assets

Opportunity

69/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Activities of head offices

Sector: Professional, scientific & technical

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

Opportunity 69/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (59/100)

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

Lenders & charges

Confirmed no charges registered

Directors & officers

42 officers (1 active, 42 linked, 36 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

10 connected companies via shared directors

Filing history

980 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

69/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Some moderate concerns — review flags.

Signal strength

Good data coverage for analysis.

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (91 events)Click to expand

2025-11-14
📄
accounts-with-accounts-type-full
accounts · AA
2024-10-22
📄
accounts-with-accounts-type-full
accounts · AA
2023-11-01
📄
accounts-with-accounts-type-full
accounts · AA
2023-07-11
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-07-11
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-03-31
➕
MOUNZEO, Lazare appointed
director
2023-03-31
➖
THYREGOD, Jakob resigned
director
2022-07-21
📄
accounts-with-accounts-type-full
accounts · AA
2021-05-13
📄
accounts-with-accounts-type-full
accounts · AA
2021-04-30
📄
termination-director-company-with-name-termination-date
officers · TM01
2021-04-30
📄
appoint-person-director-company-with-name-date
officers · AP01
2021-04-29
➕
THYREGOD, Jakob appointed
director
2021-04-29
➖
TURNER, Jonathan Michael resigned
director
2020-07-14
📄
accounts-with-accounts-type-full
accounts · AA
2019-10-10
📄
termination-director-company-with-name-termination-date
officers · TM01
2019-09-24
➖
TUS, John J resigned
director
2019-07-15
📄
accounts-with-accounts-type-full
accounts · AA
2018-10-19
📄
resolution
resolution · RESOLUTIONS
2018-10-19
📄
statement-of-companys-objects
change-of-constitution · CC04
2018-04-26
📄
accounts-with-accounts-type-full
accounts · AA
2018-02-07
📄
appoint-person-director-company-with-name-date
officers · AP01
2018-01-31
➖
ERKILIC, Mehmet resigned
director
2018-01-31
➕
TURNER, Jonathan Michael appointed
director
2017-11-10
➖
MADDEN, Anne resigned
director
2017-02-15
➖
FRADIN, Roger Brent resigned
director
2016-12-13
➕
ERKILIC, Mehmet appointed
director
2016-10-07
➖
FRASER, Grant William resigned
director
2016-01-29
➖
SISEC LIMITED resigned
corporate-secretary
2015-03-10
➖
PROTHEROE, David Jason Lloyd resigned
director
2011-10-01
➖
BAKER, Robert Charles resigned
director
2008-09-08
➕
PROTHEROE, David Jason Lloyd appointed
director
2008-06-30
➖
EPS SECRETARIES LIMITED resigned
corporate-secretary
2008-06-30
➕
SISEC LIMITED appointed
corporate-secretary
2008-01-14
➕
FRASER, Grant William appointed
director
2007-12-14
➖
ORCHARD, Timothy Dale resigned
director
2006-06-01
➕
ORCHARD, Timothy Dale appointed
director
2006-04-27
➖
GEORGE, Van Kula Iii resigned
secretary
2006-04-27
➖
GEORGE, Van Kula Iii resigned
director
2006-04-01
➖
FELL, Darren John resigned
director
2005-09-22
➕
FELL, Darren John appointed
director
2005-09-21
➖
BURNINGHAM, Derek resigned
secretary
2005-09-21
➕
EPS SECRETARIES LIMITED appointed
corporate-secretary
2005-03-31
➕
GEORGE, Van Kula Iii appointed
secretary
2005-03-31
➖
RICHARDSON, Karen resigned
secretary
2005-03-31
➕
BAKER, Robert Charles appointed
director
2005-03-31
➖
DAYAN, Daniel resigned
director
2005-03-31
➕
FRADIN, Roger Brent appointed
director
2005-03-31
➕
GEORGE, Van Kula Iii appointed
director
2005-03-31
➖
HEARNE, Graham James, Sir resigned
director
2005-03-31
➖
HOWARD, Stephen Lee resigned
director

Showing most recent 50 of 91 events

Owner dependency

83/100

Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS

+Sole director: Only one active director — all governance concentrated on one person.
+Senior director age: Director aged approximately 59 — approaching natural succession window.

Succession & seller-readiness

65/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
secondaryStable-but-static management: Company is 38 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high ·

Confirmation statement overdue

high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-05-15

Group structure

Honeywell Acquisitions Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Honeywell Acquisitions Limited

Corporate parent · holds 75-100% shares · board control

ultimate parent

⬇

NOVAR LIMITED

This company · 02262172

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
Honeywell Acquisitions Limited Corporate entity	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	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 · Professional services · RG postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
3D AVIONICS LTD→ 10571234 · est 2017 · no financials extracted	—	—	—	—	9y	—	—
3P GLOBAL SERVICES LTD→ 10054422 · est 2016 · no financials extracted	—	—	—	—	10y	—	—
618 INSIGHT LTD→ 10290449 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
A&A ADVISORY PARTNERSHIP LTD→ 12523464 · est 2020 · no financials extracted	—	—	—	—	6y	—	—
AA ACCOUNTANTS SOUTH LIMITED→ 09341226 · est 2014 · no financials extracted	—	—	—	—	11y	—	—
AA INSURANCE HOLDINGS LIMITED→ 09438903 · est 2015 · no financials extracted	—	—	—	—	11y	—	—
AAP KINGSTON LTD→ 11118237 · est 2017 · no financials extracted	—	—	—	—	8y	—	—
AB 2014 LIMITED→ 09118661 · est 2014 · no financials extracted	—	—	—	—	11y	—	—
AB ENERGY CONSULTING LIMITED→ 08362135 · est 2013 · no financials extracted	—	—	—	—	13y	—	—
ABACUS EMPLOYMENT SERVICES LIMITED→ 02638307 · est 1991 · no financials extracted	—	—	—	—	34y	—	—
ABACUS HR LTD→ 05870179 · est 2006 · no financials extracted	—	—	—	—	19y	—	—
ABBATT DUAL MANAGEMENT LIMITED→ 11593950 · est 2018 · no financials extracted	—	—	—	—	7y	—	—

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

Incorporated1988-05-25

Jurisdictionengland-wales

Primary SIC70100 — Activities of head offices

Registered office

Honeywell House

Skimped Hill Lane

Bracknell

Berks

RG12 1EB

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2026-05-15OVERDUE

Last: 2025-05-01

Officers (1 active · 41 resigned)

MOUNZEO, Lazare→

director · ~59y · appointed 2023-03-31

View their other companies + combined net worth →

Active

BURNINGHAM, Derek→

secretary · appointed 1994-10-17 · resigned 2005-09-21

Resigned

CAMERON, Ewen→

secretary · resigned 1993-12-06

Resigned

GEORGE, Van Kula Iii→

secretary · appointed 2005-03-31 · resigned 2006-04-27

Resigned

RICHARDSON, Karen→

secretary · appointed 1994-02-02 · resigned 2005-03-31

Resigned

EPS SECRETARIES LIMITED→

corporate-secretary · appointed 2005-09-21 · resigned 2008-06-30

Resigned

SISEC LIMITED→

corporate-secretary · appointed 2008-06-30 · resigned 2016-01-29

Resigned

ASHBY, Ian George→

director · ~64y · appointed 2001-09-24 · resigned 2002-10-15

Resigned

BAKER, Robert Charles→

director · ~74y · appointed 2005-03-31 · resigned 2011-10-01

Resigned

CLARK, Martin→

director · ~81y · appointed 1997-10-01 · resigned 2000-02-29

Resigned

COHEN, Daniel Charles→

director · ~78y · resigned 1995-11-27

Resigned

DAYAN, Daniel→

director · ~62y · appointed 2004-01-01 · resigned 2005-03-31

Resigned

ERKILIC, Mehmet→

director · ~52y · appointed 2016-12-13 · resigned 2018-01-31

Resigned

FELL, Darren John→

director · ~57y · appointed 2005-09-22 · resigned 2006-04-01

Resigned

FRADIN, Roger Brent→

director · ~73y · appointed 2005-03-31 · resigned 2017-02-15

Resigned

FRASER, Grant William→

director · ~51y · appointed 2008-01-14 · resigned 2016-10-07

Resigned

GEORGE, Van Kula Iii→

director · ~63y · appointed 2005-03-31 · resigned 2006-04-27

Resigned

HEARNE, Graham James, Sir→

director · ~89y · appointed 1999-07-30 · resigned 2005-03-31

Resigned

HEWETT, Peter John→

director · ~90y · resigned 1998-03-16

Resigned

HICHENS, Antony Peverell→

director · ~90y · resigned 1998-05-19

Resigned

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

Recent filings (980 total)

accounts-with-accounts-type-full

accounts · AA

2025-11-14

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-05-14

accounts-with-accounts-type-full

accounts · AA

2024-10-22

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-05-03

accounts-with-accounts-type-full

accounts · AA

2023-11-01

termination-director-company-with-name-termination-date

officers · TM01

2023-07-11

appoint-person-director-company-with-name-date

officers · AP01

2023-07-11

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-05-09

accounts-with-accounts-type-full

accounts · AA

2022-07-21

confirmation-statement-with-no-updates

confirmation-statement · CS01

2022-05-11

accounts-with-accounts-type-full

accounts · AA

2021-05-13

confirmation-statement-with-no-updates

confirmation-statement · CS01

2021-05-13

termination-director-company-with-name-termination-date

officers · TM01

2021-04-30

appoint-person-director-company-with-name-date

officers · AP01

2021-04-30

accounts-with-accounts-type-full

accounts · AA

2020-07-14