NORSIDE FOODS LTD

🌳Matureactive
03186598 · ltd · incorporated 1996-04-16
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 29.4y 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
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What this business does
Primary activity: Manufacture of bread; manufacture of fresh pastry goods and cakes
Sector: Manufacturing
Investor take
Pursue
Active trading company with a 83-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (83/100, director aged 83). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 29.4y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 29.4 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (77/100)

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
4 officers (3 active, 4 linked, 2 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
74 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 accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Apr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-04-302024-04-30

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

🔒Filing-note intelligence

1 signal 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 (23 events)Click to expand
  1. 2025-12-18
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2025-01-16
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2023-10-02
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  4. 2022-12-14
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  5. 2021-12-15
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  6. 2020-12-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2019-11-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2018-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2018-10-03
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  10. 2018-10-03
    🔓
    Charge satisfied #1
  11. 2017-12-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2016-10-27
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2016-04-21
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2015-11-17
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2015-04-20
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2015-04-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 1997-06-16
    ➕
    AL-HASHIMI, Pamela appointed
    secretary
  18. 1997-06-16
    ➖
    AL-HASHIMI, Hazim resigned
    secretary
  19. 1996-12-18
    🔒
    Charge registered #1
    Lender: Midland Bank PLC
  20. 1996-04-16
    🏢
    Company incorporated
    As NORSIDE FOODS LTD
  21. 1996-04-16
    ➕
    AL-HASHIMI, Hazim appointed
    director
  22. 1996-04-16
    ➕
    AL-HASHIMI, Pamela appointed
    director
  23. 1996-04-16
    ➕
    AL-HASHIMI, Hazim appointed
    secretary

Owner dependency

91/100
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.
  • +Long-tenure founder: Senior director has been in place 30 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 83 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

96/100
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 30 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 30 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Hazim Al-Hashimi
Individual · British · DOB 12/1958 · age 68
25–50%
—25-50% shares16/04/2017

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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16226167 · est 2025 · no financials extracted
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16812360 · est 2025 · no financials extracted
———————
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10441967 · est 2016 · no financials extracted
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10116318 · est 2016 · no financials extracted
————10y——
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12870945 · est 2020 · no financials extracted
————5y——
LITTLE BIXX LTD→
15671235 · est 2024 · no financials extracted
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MAYFLOWER BREWERY LTD→
08575815 · est 2013 · no financials extracted
————12y——
MOLLY PEACHES LTD→
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———————
NORTHERN CASINGS LTD→
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————8y——
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
Incorporated1996-04-16
Jurisdictionengland-wales
Primary SIC10710 — Manufacture of bread; manufacture of fresh pastry goods and cakes

Registered office

Unit 1 Hemfield Court
Makerfield Way
Ince
Wigan
WN2 2ER

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-06-01
Last: 2025-05-18

Officers (3 active · 1 resigned)

AL-HASHIMI, Pamela→
secretary · appointed 1997-06-16
View their other companies + combined net worth →
Active
AL-HASHIMI, Hazim→
director · ~68y · appointed 1996-04-16
View their other companies + combined net worth →
Active
AL-HASHIMI, Pamela→
director · ~83y · appointed 1996-04-16
View their other companies + combined net worth →
Active
AL-HASHIMI, Hazim→
secretary · appointed 1996-04-16 · resigned 1997-06-16
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Midland Bank
Midland Bank PLC
Fixed and floating charge1 property18/12/199603/10/2018

Recent filings (74 total)

accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-19
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-01-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-25
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-10-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-18
confirmation-statement-with-updates
confirmation-statement · CS01
2023-05-16
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-12-14
confirmation-statement-with-updates
confirmation-statement · CS01
2022-04-25
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-12-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-04-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-11-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-04-26