STAR PROPERTIES (NEWCASTLE) LIMITED
Opportunity 77/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (58/100).
Refinance opportunity
2 live charges · oldest 23.7y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 23.7 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover 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 |
|---|---|---|
| Average employees | 0 | 0 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 confirmation-statement
Corporate timeline (27 events)Click to expand
- 2025-10-17📄change-person-director-company-with-change-dateofficers · CH01
- 2025-10-17📄change-person-director-company-with-change-dateofficers · CH01
- 2025-10-16📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-10-16📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-05-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-05-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-05-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-07-01📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-05-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-06-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-05-04📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-11-11📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-05-12📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-05-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-05-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-01-26📄capital-allotment-sharescapital · SH01
- 2018-01-26📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2008-08-01➖SHAHID, Yasmin resignedsecretary
- 2007-01-18🔒Charge registered #2Lender: Lloyds Tsb Bank PLC
- 2002-08-14🔒Charge registered #1Lender: Lloyds Tsb Bank PLC
- 2002-06-13➕MOHAMMED, Shahid appointeddirector
- 2002-06-13➕SHAHID, Yasmin appointedsecretary
- 2002-06-13➖PF & S (SECRETARIES) LIMITED resignedcorporate-nominee-secretary
- 2002-06-13➖PF & S (DIRECTORS) LIMITED resignedcorporate-nominee-director
- 2001-10-09🏢Company incorporatedAs STAR PROPERTIES (NEWCASTLE) LIMITED
- 2001-10-09➕PF & S (SECRETARIES) LIMITED appointedcorporate-nominee-secretary
- 2001-10-09➕PF & S (DIRECTORS) LIMITED appointedcorporate-nominee-director
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 25 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
cleanShareholders & ownership
3 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Shahid Mohammed Individual · British · DOB 06/1969 · age 57 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 01/10/2025 |
Ms Medina Shahid Individual · British · DOB 08/1985 · age 41 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 26/08/2016 |
Mrs Yasmin Shahid Individual · British · DOB 05/1967 · age 59 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 26/08/2016 |
2 historic (ceased) PSCs
- Mr Hasan Mohammed Shahidceased 26/01/2018· 25-50% shares · 25-50% voting
- Mr Mohammed Shahidceased 04/10/2025· 25-50% shares · 25-50% voting · board control
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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 · Trade services · NE postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 0191 TAN LTD→ 15693871 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 1 C C GOLF TECH LIMITED→ 12147219 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| 100BRIX LIMITED→ 16339220 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 12 VICTORIA SQUARE (NEWCASTLE) MANAGEMENT COMPANY LIMITED→ 05205473 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| 1453 OTTOMAN BARBER LTD→ 16308854 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 1HP CONSULTING LTD→ 15382538 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 23 MR LIMITED→ 14393957 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 24 GROUP INDUSTRIES LIMITED→ 14322856 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 24 HOUR LOCK COMPANY LIMITED→ 04879994 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| 2B COMMUNICATIONS LTD→ 08018679 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| 2PURE PRODUCTS LIMITED→ 07061268 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| 2SCISSORBOYS LTD→ 10011942 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
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 →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
Registered office
Filing status
Officers (1 active · 3 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Lloyds Tsb Bank PLC | Mortgage | 2 properties | 18/01/2007 | — | |
| outstanding | Lloyds Banking Group Lloyds Tsb Bank PLC | Mortgage deed | 1 property | 14/08/2002 | — |