NCO. (ONE) LIMITED
💤Zombieactive
05231371 · ltd · incorporated 2004-09-14
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
£63.4k
book net assets
Opportunity
73/100
Strong
What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
ALSO REGISTERED FOR
- 68209Other letting and operating of own or leased real estate
Investor take
PursueStrong opportunity: property-backed borrower with strong profile and acceptable with review structure.
Opportunity 73/100 (strong), bankability 67/100. Strong seller-intent signal (68/100, director aged 52). Share purchase looks the cleaner deal structure. 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
5 live charges · 3 lenders · oldest 21.8y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 21.8 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, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
5 charges (5/5 with lender, 5/5 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
94 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
74
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 £63,415
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£63k
↑ 25% YoY
Current Assets
£268k
↑ 372% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-08-30 | 2024-08-30 |
|---|---|---|
| Total assets | £272.6k | £168.7k |
| Current assets | £267.9k | £56.8k |
| Net assets | £63.4k | £50.9k |
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
8
filings
- • 3 officers
- • 2 persons-with-significant-control
- • 2 address
Counts from Companies House filing history.
Corporate timeline (44 events)Click to expand
- 2026-05-30📄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 · PSC04
- 2026-03-23📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2026-03-12📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-03-11📄change-person-director-company-with-change-dateofficers · CH01
- 2026-03-11📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2026-01-06📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-01-06📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-01-05📄change-person-director-company-with-change-dateofficers · CH01
- 2026-01-05📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-08-28📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-08-27📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-08-27🔓Charge satisfied #4
- 2025-08-21🔒Charge registered #5Lender: Cambridge & Counties Bank Limited
- 2025-05-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-08-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-05-29📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2023-09-29📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-09-29📄withdrawal-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC09
- 2023-09-03📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-08-28➖NIXON, Ian Geoffrey resigneddirector
- 2023-06-30📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-06-28🔒Charge registered #4Lender: Trinityone (Leeds) Limited
- 2023-06-27📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2023-06-13➕NIXON, Kirsty Elizabeth appointedsecretary
- 2023-06-13➖NIXON, Janet resignedsecretary
- 2023-06-09🔓Charge satisfied #3
- 2023-05-25➖NIXON, Janet resigneddirector
- 2018-08-22🔒Charge registered #3Lender: Cambridge & Counties Bank Limited
- 2018-08-16🔓Charge satisfied #2
- 2018-08-16🔓Charge satisfied #1
- 2009-05-21🔒Charge registered #2Lender: Hsbc Bank PLC
- 2004-09-29🔒Charge registered #1Lender: Hsbc Bank PLC
- 2004-09-14🏢Company incorporatedAs NCO. (ONE) LIMITED
- 2004-09-14➕NIXON, Gary Lee appointeddirector
- 2004-09-14➕NIXON, Janet appointedsecretary
- 2004-09-14➕SAME-DAY COMPANY SERVICES LIMITED appointedcorporate-nominee-secretary
- 2004-09-14➖SAME-DAY COMPANY SERVICES LIMITED resignedcorporate-nominee-secretary
- 2004-09-14➕NIXON, Ian Geoffrey appointeddirector
- 2004-09-14➕NIXON, Janet appointeddirector
- 2004-09-14➕WILDMAN & BATTELL LIMITED appointedcorporate-nominee-director
- 2004-09-14➖WILDMAN & BATTELL 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 22 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 22 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 22 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
1 med · 1 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Multiple registered office changes
lowMultiple address changes in a short period can indicate operational instability or admin disorder.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Gary Lee Nixon Individual · British · DOB 05/1974 · age 52 | 75–100% | — | 75-100% shares | 28/08/2023 |
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 · Property · YO postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AIKEN PROPERTY SERVICES LTD→ 15934473 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ALLISON MINSTER PROPERTIES LIMITED→ 03602096 · est 1998 · no financials extracted | — | — | — | — | 27y | — | — |
| ALTIA ESTATES LTD→ 12183780 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| AMMI INVESTMENTS LTD→ 14552458 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ANTLIN HOLDINGS LIMITED→ 16141477 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AOAC INVESTMENTS LIMITED→ 12923680 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| APEX PROPERTY & MANAGEMENT LTD→ 16964645 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| APEX RETREATS LTD→ 15676451 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| APH (YORK) LTD→ 17100227 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| APP GROUP HOLDINGS LIMITED→ 14181686 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| APP YORKSHIRE LTD→ 06668970 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| APPEALING PROPERTIES LIMITED→ 06839801 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
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
Incorporated2004-09-14
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate
Registered office
Club Chambers
Museum Street
York
YO1 7DN
United Kingdom
Filing status
Accounts
Next due: 2027-05-30
Last made up to: 2025-08-30
Confirmation statement
Next due: 2026-09-28
Last: 2025-09-14
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 2004-09-14
View their other companies + combined net worth →
NIXON, Janet→
Resignedsecretary · appointed 2004-09-14 · resigned 2023-06-13
SAME-DAY COMPANY SERVICES LIMITED→
Resignedcorporate-nominee-secretary · appointed 2004-09-14 · resigned 2004-09-14
NIXON, Ian Geoffrey→
Resigneddirector · ~73y · appointed 2004-09-14 · resigned 2023-08-28
NIXON, Janet→
Resigneddirector · ~72y · appointed 2004-09-14 · resigned 2023-05-25
WILDMAN & BATTELL LIMITED→
Resignedcorporate-nominee-director · appointed 2004-09-14 · resigned 2004-09-14
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
1
Outstanding
1
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Cambridge & Counties Cambridge & Counties Bank Limited | A registered charge | 1 property | 21/08/2025 | — | |
| satisfied | Trinityone (Leeds) Trinityone (Leeds) Limited | A registered charge | 1 property | 28/06/2023 | 27/08/2025 | |
| satisfied | Cambridge & Counties Cambridge & Counties Bank Limited | A registered charge | 4 properties | 22/08/2018 | 09/06/2023 | |
| satisfied | HSBC Hsbc Bank PLC | Legal mortgage | 1 property | 21/05/2009 | 16/08/2018 | |
| satisfied | HSBC Hsbc Bank PLC | Debenture | 1 property | 29/09/2004 | 16/08/2018 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (94 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2026-05-30
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 · PSC04
2026-03-23
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-03-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-03-12
change-person-director-company-with-change-date
officers · CH01
2026-03-11
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-03-11
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-01-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-01-06
change-person-director-company-with-change-date
officers · CH01
2026-01-05
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-01-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-29
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-08-28
mortgage-satisfy-charge-full
mortgage · MR04
2025-08-27