TRINITYONE (LEEDS) LIMITED
💤Zombieactive
04614834 · ltd · incorporated 2002-12-11
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 2025
Net worth
£251.2k
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 72/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
6 live charges · 3 lenders · oldest 23.6y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 23.6 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (81/100)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
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
7 officers (2 active, 7 linked, 3 with DOB)
79
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
102 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
60
Some acquirability indicators.
Risk profile
79
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £251,236
Net assets shrinking
Down £777 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£251k
~ YoY
Current Assets
£732k
↑ 9.0% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-08-31 | 2024-08-31 |
|---|---|---|
| Total assets | £283.9k | £290.4k |
| Current assets | £732.5k | £672.0k |
| Net assets | £251.2k | £252.0k |
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
1
filing
- • 1 accounts
Last 180 days
10
filings
- • 4 officers
- • 2 accounts
- • 2 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (42 events)Click to expand
- 2026-05-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2026-03-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2026-03-23📄change-person-director-company-with-change-dateofficers · CH01
- 2026-03-23📄change-person-secretary-company-with-change-dateofficers · CH03
- 2026-03-23📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2026-03-23📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2026-03-11📄change-person-director-company-with-change-dateofficers · CH01
- 2026-03-11📄change-person-secretary-company-with-change-dateofficers · CH03
- 2026-03-11📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2026-03-11📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2026-01-05📄change-person-director-company-with-change-dateofficers · CH01
- 2026-01-05📄change-person-secretary-company-with-change-dateofficers · CH03
- 2026-01-05📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2026-01-05📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2025-12-26📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2024-12-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-12-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-06-27📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2023-06-27📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2023-06-13➕NIXON, Kirsty Elizabeth appointedsecretary
- 2023-06-13➖NIXON, Janet resignedsecretary
- 2023-06-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-06-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-05-25➖NIXON, Ian Geoffrey resigneddirector
- 2023-05-25➖NIXON, Janet resigneddirector
- 2023-03-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-03-16🔒Charge registered #6Lender: Ian Geoffrey Nixon
- 2004-06-15🔒Charge registered #5Lender: The Governor and Company of the Bank of Scotland
- 2003-11-01🔓Charge satisfied #1
- 2003-10-30🔒Charge registered #4Lender: The Governor and Company of the Bank of Scotland
- 2003-10-30🔒Charge registered #3Lender: The Governor and Company of the Bank of Scotland
- 2003-10-30🔒Charge registered #2Lender: The Governor and Company of the Bank of Scotland
- 2003-06-16➕NIXON, Gary Lee appointeddirector
- 2002-12-20🔒Charge registered #1Lender: Hsbc Bank PLC
- 2002-12-11🏢Company incorporatedAs TRINITYONE (LEEDS) LIMITED
- 2002-12-11➕NIXON, Janet appointedsecretary
- 2002-12-11➕YORK PLACE COMPANY SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 2002-12-11➖YORK PLACE COMPANY SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 2002-12-11➕NIXON, Ian Geoffrey appointeddirector
- 2002-12-11➕NIXON, Janet appointeddirector
- 2002-12-11➕YORK PLACE COMPANY NOMINEES LIMITED appointedcorporate-nominee-director
- 2002-12-11➖YORK PLACE COMPANY NOMINEES LIMITED resignedcorporate-nominee-director
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 23 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
75/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 24 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
2 low5 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Multiple registered office changes
lowMultiple address changes in a short period can indicate operational instability or admin disorder.
Group structure
Nco (Two) Limited holds majority control (50-75%). Likely parent but not wholly-owned.
🏛️majority
Nco (Two) Limited
Corporate parent · holds 50-75% shares
⬇
TRINITYONE (LEEDS) LIMITED
This company · 04614834
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Nco (Two) Limited Corporate entity | 50–75% | — | 50-75% shares | 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 · Construction · YO postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A & M FALKINGHAM LIMITED→ 07812177 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| A & M YORKSHIRE LTD→ 16681297 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| A. S. ELECTRICAL SERVICES (YORK) LIMITED→ 10191240 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ARMSTRONG DEVELOPERS LTD→ 13683287 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ARTHINGTON FARM SERVICES LTD→ 02641132 · est 1991 · no financials extracted | — | — | — | — | 34y | — | — |
| ARTLEY PLUMBING AND BATHROOMS LTD→ 15106253 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ARX CONSTRUCTION LTD→ 13616268 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| AS PAINTING CONTRACTORS LIMITED→ 11786309 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| ASC DEVELOPMENTS (BRANDESBURTON) LTD→ 04881452 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| ASHCOURT CONSTRUCTION LIMITED→ 00180028 · est 1922 · no financials extracted | — | — | — | — | 104y | — | — |
| ASHCOURT CONTRACTS LIMITED→ 06856507 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
| ASHCOURT DEVELOPMENTS LIMITED→ 12416098 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
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
Incorporated2002-12-11
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects
Registered office
Club Chambers
Museum Street
York
YO1 7DN
United Kingdom
Filing status
Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2026-12-25
Last: 2025-12-11
Officers (2 active · 5 resigned)
NIXON, Kirsty Elizabeth→
Activesecretary · appointed 2023-06-13
View their other companies + combined net worth →
NIXON, Gary Lee→
Activedirector · ~52y · appointed 2003-06-16
View their other companies + combined net worth →
NIXON, Janet→
Resignedsecretary · appointed 2002-12-11 · resigned 2023-06-13
YORK PLACE COMPANY SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 2002-12-11 · resigned 2002-12-11
NIXON, Ian Geoffrey→
Resigneddirector · ~73y · appointed 2002-12-11 · resigned 2023-05-25
NIXON, Janet→
Resigneddirector · ~72y · appointed 2002-12-11 · resigned 2023-05-25
YORK PLACE COMPANY NOMINEES LIMITED→
Resignedcorporate-nominee-director · appointed 2002-12-11 · resigned 2002-12-11
Click a director name to see their full track record across all companies.
Mortgages & charges
6
Total charges
5
Outstanding
2
Active lenders
Status:Lender:6 of 6 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Ian Geoffrey Nixon | A registered charge | 1 property | 16/03/2018 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Legal charge | 1 property | 15/06/2004 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Debenture | 1 property | 30/10/2003 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Legal charge | 1 property | 30/10/2003 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Legal charge | 1 property | 30/10/2003 | — | |
| satisfied | HSBC Hsbc Bank PLC | Debenture | 1 property | 20/12/2002 | 01/11/2003 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (102 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2026-05-30
accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-26
change-person-director-company-with-change-date
officers · CH01
2026-03-23
change-person-secretary-company-with-change-date
officers · CH03
2026-03-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2026-03-23
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-03-23
change-person-director-company-with-change-date
officers · CH01
2026-03-11
change-person-secretary-company-with-change-date
officers · CH03
2026-03-11
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2026-03-11
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-03-11
change-person-director-company-with-change-date
officers · CH01
2026-01-05
change-person-secretary-company-with-change-date
officers · CH03
2026-01-05
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-01-05
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2026-01-05
change-account-reference-date-company-current-shortened
accounts · AA01
2025-12-26