THE NATIONAL BYWAY TRUST
💤Zombieactive
03243972 · private-limited-guarant-nsc-limited-exemption · incorporated 1996-08-23
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
—
year to Aug 2024
Net worth
£339.4k
book net assets
Opportunity
65/100
Strong
What this business does
Primary activity: Other amusement and recreation activities n.e.c.
Sector: Arts, entertainment & recreation
Investor take
Special-situation opportunityDistressed leisure with salvageable qualities — special-situations priority.
Opportunity 65/100 (strong), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100).
Data confidence
Overall: high (82/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
Confirmed no charges registered
85
Directors & officers
18 officers (1 active, 18 linked, 17 with DOB)
89
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
126 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
65/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
55
Adequate — check latest filings for context.
Acquirability
60
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £339,433
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£339k
↑ 3.5% YoY
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-08-31 | 2023-08-31 |
|---|---|---|
| Total assets | £298.1k | £309.4k |
| Current assets | — | £469 |
| Net assets | £339.4k | £328.1k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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 (56 events)Click to expand
- 2025-10-01📄gazette-filings-brought-up-to-dategazette · DISS40
- 2025-09-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-08-19📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2025-07-29📄gazette-notice-compulsorygazette · GAZ1
- 2024-05-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-11-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-10-31➖EMERY, Victor resigneddirector
- 2023-05-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-01-10📄gazette-filings-brought-up-to-dategazette · DISS40
- 2022-12-13📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2022-11-15📄gazette-notice-compulsorygazette · GAZ1
- 2022-08-01📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-03-25📄gazette-filings-brought-up-to-dategazette · DISS40
- 2022-03-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-03-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-03-12📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2022-02-08📄gazette-notice-compulsorygazette · GAZ1
- 2021-10-19📄gazette-filings-brought-up-to-dategazette · DISS40
- 2021-09-11📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2021-08-10📄gazette-notice-compulsorygazette · GAZ1
- 2021-01-23📄gazette-filings-brought-up-to-dategazette · DISS40
- 2019-03-01➖GRIFFITHS, David Hugh, The Honourable resigneddirector
- 2018-01-19➖BRECKON, Michael Rowland resignedsecretary
- 2011-06-27➖BOYLE, Terence Michael resigneddirector
- 2011-06-27➖FORTE, Rocco Giovanni, Sir resigneddirector
- 2011-06-27➖SAINSBURY, Timothy James resigneddirector
- 2011-06-06➕DILWORTH, Richard John appointeddirector
- 2011-06-06➕EMERY, Victor appointeddirector
- 2011-06-06➕GRIFFITHS, David Hugh, The Honourable appointeddirector
- 2010-08-23➖MUSTOE, Anne resigneddirector
- 2007-11-24➖HOUSDEN, Nigel Jeremy resigneddirector
- 2007-03-23➕FORTE, Rocco Giovanni, Sir appointeddirector
- 2006-02-07➕SAINSBURY, Timothy James appointeddirector
- 2005-06-21➖DUFFIED, David Philip resigneddirector
- 2005-04-01➕BOYLE, Terence Michael appointeddirector
- 2005-04-01➖BRECKON, Michael Rowland resigneddirector
- 2005-04-01➖CONWILL, Michael Stephen resigneddirector
- 2005-04-01➕DUFFIED, David Philip appointeddirector
- 2005-04-01➖EMERY, Victor S, Mba resigneddirector
- 2005-04-01➕HOUSDEN, Nigel Jeremy appointeddirector
- 2005-04-01➖LIGGETT, Philip Alexander resigneddirector
- 2005-04-01➕MUSTOE, Anne appointeddirector
- 2005-04-01➖RUSHTON, Alan Crosby resigneddirector
- 2002-04-16➕LIGGETT, Philip Alexander appointeddirector
- 2002-02-28➖ROACH, Martin Clive resigneddirector
- 1999-04-19➖WALKER, David Malcolm resigneddirector
- 1997-11-14➕ROACH, Martin Clive appointeddirector
- 1997-11-04➖HARLOW, Alan Keith resigneddirector
- 1996-09-10➕WALKER, David Malcolm appointeddirector
- 1996-08-23🏢Company incorporatedAs THE NATIONAL BYWAY TRUST
Showing most recent 50 of 56 events
Owner dependency
85/100
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
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 15 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
63/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 15 years.
- secondaryStable-but-static management: Company is 30 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 high ·Accounts overdue
highStatutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2026-05-31
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Richard Dilworth Individual · British · DOB 04/1971 · age 55 | — | — | sig. influencesignificant influence | 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 · Leisure & entertainment · SW postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A LKHAYAL TOURISME ET EXPLORATION LIMITED→ 15453700 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| AIR FILMS LIMITED→ 15557576 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| AJ'S ENTERPRISES (LONDON) LTD→ 09092358 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| AKILA POLE STUDIO LTD→ 14599693 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ALBAYAA MEDIA LTD→ 17030143 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ALBORZ FITNESS LIMITED→ 13562667 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ALDER BENNETT LTD→ 16372712 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ALLIGATOR TOUR LTD→ 15916449 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ALMSBOROUGH LTD→ 04944279 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| ALPINE WEEKENDS LIMITED→ 04822363 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| ALTURA CREATIONS LTD→ 12818569 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ALTURA WILDERNESS LIMITED→ 17060853 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Typeprivate-limited-guarant-nsc-limited-exemption
Incorporated1996-08-23
Jurisdictionengland-wales
Primary SIC93290 — Other amusement and recreation activities n.e.c.
Registered office
Riverside
Hester Road
London
SW11 4AN
England
Filing status
Accounts
Next due: 2026-05-31OVERDUE
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-09-06
Last: 2025-08-23
Officers (1 active · 17 resigned)
DILWORTH, Richard John→
Activedirector · ~55y · appointed 2011-06-06
View their other companies + combined net worth →
BRECKON, Michael Rowland→
Resignedsecretary · appointed 1996-08-23 · resigned 2018-01-19
BOYLE, Terence Michael→
Resigneddirector · ~93y · appointed 2005-04-01 · resigned 2011-06-27
BRECKON, Michael Rowland→
Resigneddirector · ~90y · appointed 1996-08-23 · resigned 2005-04-01
CONWILL, Michael Stephen→
Resigneddirector · ~74y · appointed 1996-08-23 · resigned 2005-04-01
DUFFIED, David Philip→
Resigneddirector · ~95y · appointed 2005-04-01 · resigned 2005-06-21
EMERY, Victor→
Resigneddirector · ~93y · appointed 2011-06-06 · resigned 2023-10-31
EMERY, Victor S, Mba→
Resigneddirector · ~93y · appointed 1996-08-23 · resigned 2005-04-01
FORTE, Rocco Giovanni, Sir→
Resigneddirector · ~81y · appointed 2007-03-23 · resigned 2011-06-27
GRIFFITHS, David Hugh, The Honourable→
Resigneddirector · ~68y · appointed 2011-06-06 · resigned 2019-03-01
HARLOW, Alan Keith→
Resigneddirector · ~85y · appointed 1996-08-23 · resigned 1997-11-04
HOUSDEN, Nigel Jeremy→
Resigneddirector · ~72y · appointed 2005-04-01 · resigned 2007-11-24
LIGGETT, Philip Alexander→
Resigneddirector · ~78y · appointed 2002-04-16 · resigned 2005-04-01
MUSTOE, Anne→
Resigneddirector · ~93y · appointed 2005-04-01 · resigned 2010-08-23
ROACH, Martin Clive→
Resigneddirector · ~80y · appointed 1997-11-14 · resigned 2002-02-28
RUSHTON, Alan Crosby→
Resigneddirector · ~78y · appointed 1996-08-23 · resigned 2005-04-01
SAINSBURY, Timothy James→
Resigneddirector · ~64y · appointed 2006-02-07 · resigned 2011-06-27
WALKER, David Malcolm→
Resigneddirector · ~74y · appointed 1996-09-10 · resigned 1999-04-19
Click a director name to see their full track record across all companies.
Recent filings (126 total)
gazette-filings-brought-up-to-date
gazette · DISS40
2025-10-01
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-30
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2025-08-19
gazette-notice-compulsory
gazette · GAZ1
2025-07-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-04
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-31
termination-director-company-with-name-termination-date
officers · TM01
2023-11-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-16
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-31
gazette-filings-brought-up-to-date
gazette · DISS40
2023-01-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-09
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2022-12-13
gazette-notice-compulsory
gazette · GAZ1
2022-11-15
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-08-01