NORTHOM PROJECTS LIMITED

⚰️Wound downliquidation
02780807 · ltd · incorporated 1993-01-19
Investment thesis
Company liquidation — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 33.2y old — refinance window within 12 months
🔒Estimated value
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Turnover
not disclosed
Net worth
book net assets
Opportunity
39/100
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What this business does
Primary activity: SIC 2956
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 39/100 (watch), bankability 25/100. Strong seller-intent signal (78/100, director aged 83). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100). Current lenders should be on immediate intervention.

🏦

Refinance opportunity

2 live charges · oldest 33.2y

55/100
too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

  • · Oldest live charge is 33.2 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 45/100 (high).

Data confidence

Overall: low (50/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
9 officers (3 active, 9 linked, 5 with DOB)
81
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
8 connected companies via shared directors
69
Filing history
40 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
39/100Watch
PassWatchWorth a lookStrongExceptional 

Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.

Business quality
0
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
13
Multiple red flags — proceed with caution.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (43 events)Click to expand
  1. 1998-02-23
    📄
    legacy
    officers · 288c
  2. 1998-02-18
    ⚠️
    liquidation-compulsory-notice-winding-up
    insolvency · 4.13
  3. 1997-07-01
    📄
    accounts-with-accounts-type-small
    accounts · AA
  4. 1997-05-09
    📄
    legacy
    annual-return · 363a
  5. 1996-09-17
    📄
    accounts-with-accounts-type-small
    accounts · AA
  6. 1996-06-17
    📄
    legacy
    annual-return · 363a
  7. 1996-06-17
    📍
    legacy
    address · 353
  8. 1995-07-10
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  9. 1995-06-26
    📄
    legacy
    annual-return · 363s
  10. 1995-04-26
    📄
    accounts-with-accounts-type-full
    accounts · AA
  11. 1995-04-24
    📄
    legacy
    officers · 288
  12. 1995-04-24
    📄
    legacy
    officers · 288
  13. 1995-01-11
    📍
    legacy
    address · 287
  14. 1995-01-01
    📄
    selection-of-mortgage-documents-registered-before-January-1995
    historical · PRE95M
  15. 1994-12-11
    📄
    legacy
    officers · 288
  16. 1994-12-11
    📄
    legacy
    officers · 288
  17. 1994-12-11
    📄
    legacy
    officers · 288
  18. 1994-12-11
    📄
    legacy
    officers · 288
  19. 1994-12-11
    📄
    legacy
    officers · 288
  20. 1994-12-11
    📍
    legacy
    address · 287
  21. 1994-12-08
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  22. 1994-11-30
    NORTH, Clifford Douglas Robson, Dr appointed
    secretary
  23. 1994-11-30
    PRINCE, Michael James resigned
    secretary
  24. 1994-11-30
    BERKELEY, Frederick Duncan resigned
    director
  25. 1994-11-30
    BOWES, George resigned
    director
  26. 1994-11-30
    PRICE, Barnaby Valentine Walwyn resigned
    director
  27. 1994-11-09
    📄
    accounts-with-accounts-type-full
    accounts · AA
  28. 1994-05-18
    📄
    legacy
    annual-return · 363s
  29. 1994-02-01
    📄
    legacy
    annual-return · 363s
  30. 1993-06-09
    📄
    legacy
    mortgage · 395
  31. 1993-06-03
    🔒
    Charge registered #2
    Lender: Lloyds Bank PLC
  32. 1993-03-12
    🔒
    Charge registered #1
    Lender: Lloyds Bank PLC
  33. 1993-03-01
    NORTH, Clifford Douglas Robson, Dr appointed
    director
  34. 1993-03-01
    THOMAS, Gareth appointed
    director
  35. 1993-03-01
    PRINCE, Michael James appointed
    secretary
  36. 1993-03-01
    RUTLAND SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  37. 1993-03-01
    BERKELEY, Frederick Duncan appointed
    director
  38. 1993-03-01
    BOWES, George appointed
    director
  39. 1993-03-01
    PRICE, Barnaby Valentine Walwyn appointed
    director
  40. 1993-03-01
    RUTLAND DIRECTORS LIMITED resigned
    corporate-nominee-director
  41. 1993-01-19
    🏢
    Company incorporated
    As NORTHOM PROJECTS LIMITED
  42. 1993-01-19
    RUTLAND SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  43. 1993-01-19
    RUTLAND DIRECTORS LIMITED appointed
    corporate-nominee-director

Owner dependency

98/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder name in company name: Company name contains director surname "NORTH" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 33 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 83 — succession pressure is live.

Succession & seller-readiness

91/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 83 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 33 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 33 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

4 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 1998-10-31

Confirmation statement overdue
high

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

Evidence: Next due: 2017-05-24

Company in liquidation
high

Company is actively being wound up. Not a going concern.

1 insolvency-related filing on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 1998-02-18: liquidation-compulsory-notice-winding-up

🔒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 →

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🔒Tailored diligence questions

12 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

Statusliquidation
Typeltd
Incorporated1993-01-19
Jurisdictionengland-wales
Primary SIC2956 — SIC 2956

Registered office

Unit 40 Watford Metro Centre
Tolpits Lane
Watford
Hertfordshire
WD1 8SB

Filing status

Accounts
Next due: 1998-10-31OVERDUE
Last made up to: 1996-12-31
Confirmation statement
Next due: 2017-05-24OVERDUE
Last:

Officers (3 active · 6 resigned)

NORTH, Clifford Douglas Robson, Dr
secretary · appointed 1994-11-30
View their other companies + combined net worth →
Active
NORTH, Clifford Douglas Robson, Dr
director · ~83y · appointed 1993-03-01
View their other companies + combined net worth →
Active
THOMAS, Gareth
director · ~79y · appointed 1993-03-01
View their other companies + combined net worth →
Active
PRINCE, Michael James
secretary · appointed 1993-03-01 · resigned 1994-11-30
Resigned
RUTLAND SECRETARIES LIMITED
corporate-nominee-secretary · appointed 1993-01-19 · resigned 1993-03-01
Resigned
BERKELEY, Frederick Duncan
director · ~98y · appointed 1993-03-01 · resigned 1994-11-30
Resigned
BOWES, George
director · ~79y · appointed 1993-03-01 · resigned 1994-11-30
Resigned
PRICE, Barnaby Valentine Walwyn
director · ~83y · appointed 1993-03-01 · resigned 1994-11-30
Resigned
RUTLAND DIRECTORS LIMITED
corporate-nominee-director · appointed 1993-01-19 · resigned 1993-03-01
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Lloyds Banking Group
Lloyds Bank PLC
Single debenture1 property03/06/1993
outstanding
Lloyds Banking Group
Lloyds Bank PLC
Single debenture1 property12/03/1993
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (40 total)

legacy
officers · 288c
1998-02-23
liquidation-compulsory-notice-winding-up
insolvency · 4.13
1998-02-18
accounts-with-accounts-type-small
accounts · AA
1997-07-01
legacy
annual-return · 363a
1997-05-09
accounts-with-accounts-type-small
accounts · AA
1996-09-17
legacy
annual-return · 363a
1996-06-17
legacy
address · 353
1996-06-17
certificate-change-of-name-company
change-of-name · CERTNM
1995-07-10
legacy
annual-return · 363s
1995-06-26
accounts-with-accounts-type-full
accounts · AA
1995-04-26
legacy
officers · 288
1995-04-24
legacy
officers · 288
1995-04-24
legacy
address · 287
1995-01-11
selection-of-mortgage-documents-registered-before-January-1995
historical · PRE95M
1995-01-01
legacy
officers · 288
1994-12-11