NORTHUMBERLAND HOUSE LIMITED
🌳Matureactive
05256840 · ltd · incorporated 2004-10-12
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
£20.36M
year to Dec 2024
Net worth
—
book net assets
Opportunity
73/100
Strong
What this business does
Primary activity: Hotels and similar accommodation
Sector: Accommodation & food service
Investor take
Pass (distressed without resilience)Distressed leverage-led grower — structural issues outweigh the discount.
Opportunity 73/100 (strong), bankability 57/100. Strong seller-intent signal (70/100, director aged 64). Asset purchase likely safer than share purchase given structural signals. 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 (77/100).
🏦
Refinance opportunity
5 live charges · 3 lenders · oldest 21.1y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 21.1 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
Data confidence
Overall: high (80/100)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
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
16 officers (3 active, 16 linked, 11 with DOB)
84
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
110 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
60
Adequate — check latest filings for context.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
64
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Profitable
Profit before tax £4,721,146
Turnover YoY
-1%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Turnover | £20.36M | £20.61M |
| Gross profit | £13.25M | £13.80M |
| Operating profit | £7.86M | £8.15M |
| Profit before tax | £4.72M | £5.17M |
| Average employees | 5300 | 5300 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals 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
0
filings
Counts from Companies House filing history.
Corporate timeline (55 events)Click to expand
- 2025-08-06📄accounts-with-accounts-type-fullaccounts · AA
- 2024-10-21📄change-person-director-company-with-change-dateofficers · CH01
- 2024-08-16📄accounts-with-accounts-type-fullaccounts · AA
- 2024-04-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-04-08📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-04-05➖SCHUSTER, Mathew Thomas, Mr. resigneddirector
- 2024-04-02➕KACHERSKI, Charles Stanley appointeddirector
- 2023-11-01📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2023-10-31📄accounts-with-accounts-type-smallaccounts · AA
- 2023-01-19📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-12-30📄capital-statement-capital-company-with-date-currency-figurecapital · SH19
- 2022-12-30📄legacycapital · SH20
- 2022-12-30⚠️legacyinsolvency · CAP-SS
- 2022-12-30📄resolutionresolution · RESOLUTIONS
- 2022-09-21📄accounts-with-accounts-type-smallaccounts · AA
- 2021-10-29📄accounts-with-accounts-type-fullaccounts · AA
- 2021-10-18📄change-person-secretary-company-with-change-dateofficers · CH03
- 2021-10-15📄change-person-director-company-with-change-dateofficers · CH01
- 2021-04-29➕SCHUSTER, Mathew Thomas, Mr. appointeddirector
- 2021-04-29📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-04-14📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-04-06🔒Charge registered #5Lender: Barclays Bank PLC
- 2021-03-02📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2021-03-02📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2021-02-23➕HOROWITZ, Jonathan, Mr. appointedsecretary
- 2021-02-19➖ERTEL, Todd, Mr. resignedsecretary
- 2021-02-19➖ERTEL, Todd, Mr. resigneddirector
- 2021-01-11➖STEVENS, Allen Lorne resigneddirector
- 2019-07-15➕ERTEL, Todd, Mr. appointedsecretary
- 2019-07-15➕ERTEL, Todd, Mr. appointeddirector
- 2019-07-05➖KRONICK, Mark, Mr. resignedsecretary
- 2019-07-05➖KRONICK, Mark, Mr. resigneddirector
- 2018-03-27➕KRONICK, Mark, Mr. appointedsecretary
- 2018-03-27➕KRONICK, Mark, Mr. appointeddirector
- 2017-12-01➖COLBOURNE, Christopher Richard Leslie resignedsecretary
- 2017-12-01➖COLBOURNE, Christopher Richard Leslie resigneddirector
- 2007-09-14🔒Charge registered #4Lender: Barclays Bank PLC
- 2007-02-12🔒Charge registered #3Lender: Barclays Bank PLC
- 2005-11-02🔒Charge registered #2Lender: Barclays Bank PLC (The Lender)
- 2005-05-10🔒Charge registered #1Lender: The Secretary of State for Defence
- 2004-12-03➕HOROWITZ, Jonathan D appointeddirector
- 2004-12-03➕COLBOURNE, Christopher Richard Leslie appointedsecretary
- 2004-12-03➖TRUSEC LIMITED resignedcorporate-nominee-secretary
- 2004-12-03➕COLBOURNE, Christopher Richard Leslie appointeddirector
- 2004-12-03➖NEVIN, John Silvanus resigneddirector
- 2004-12-03➕STEVENS, Allen Lorne appointeddirector
- 2004-12-03➖WATERFIELD, David Charles Richard resigneddirector
- 2004-11-01➕NEVIN, John Silvanus appointeddirector
- 2004-11-01➖STOKER, Louise Jane resigneddirector
- 2004-11-01➕WATERFIELD, David Charles Richard appointeddirector
Showing most recent 50 of 55 events
Owner dependency
76/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
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 21 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 64 — approaching natural succession window.
Succession & seller-readiness
76/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 high · 1 low1 insolvency-related filing on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2022-12-30: legacy
5 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Group structure
Ludgate Northumberland Holdings Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Ludgate Northumberland Holdings Ltd
Corporate parent · holds 75-100% shares · board control
⬇
NORTHUMBERLAND HOUSE LIMITED
This company · 05256840
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Ludgate Northumberland Holdings Ltd Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 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 · Hospitality · KT postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 113 KING CHARLES ROAD FREEHOLD COMPANY LIMITED→ 09751265 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| 14 CASTLEVIEW ROAD MANAGEMENT COMPANY LIMITED→ 03790974 · est 1999 · no financials extracted | — | — | — | — | 26y | — | — |
| 18 WINGFORD ROAD LIMITED→ 04995081 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| 1900 VENDING LTD→ 16524835 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 20 & 20A OAKMEAD ROAD (FREEHOLD) LIMITED→ 08157284 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| 20 HOOK ROAD LIMITED→ 04578124 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| 30 CADOGAN ROAD MANAGEMENT LIMITED→ 05067214 · est 2004 · no financials extracted | — | — | — | — | 22y | — | — |
| 36 STREETS FOOD LIMITED→ 11099235 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| 5 S FAMILY LIMITED→ 10662490 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| 5C SRILANKAN CUISINE LTD→ 16392024 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 6 BOUTFLOWER ROAD (FREEHOLD) LIMITED→ 06568919 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| 601PM LTD→ 14228898 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
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
Incorporated2004-10-12
Jurisdictionengland-wales
Primary SIC55100 — Hotels and similar accommodation
Registered office
Albany House
Claremont Lane
Esher
Surrey
KT10 9FQ
United Kingdom
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-10-26
Last: 2025-10-12
Officers (3 active · 13 resigned)
HOROWITZ, Jonathan, Mr.→
Activesecretary · appointed 2021-02-23
View their other companies + combined net worth →
HOROWITZ, Jonathan D→
Activedirector · ~64y · appointed 2004-12-03
View their other companies + combined net worth →
KACHERSKI, Charles Stanley→
Activedirector · ~55y · appointed 2024-04-02
View their other companies + combined net worth →
COLBOURNE, Christopher Richard Leslie→
Resignedsecretary · appointed 2004-12-03 · resigned 2017-12-01
ERTEL, Todd, Mr.→
Resignedsecretary · appointed 2019-07-15 · resigned 2021-02-19
KRONICK, Mark, Mr.→
Resignedsecretary · appointed 2018-03-27 · resigned 2019-07-05
TRUSEC LIMITED→
Resignedcorporate-nominee-secretary · appointed 2004-10-12 · resigned 2004-12-03
COLBOURNE, Christopher Richard Leslie→
Resigneddirector · ~79y · appointed 2004-12-03 · resigned 2017-12-01
ERTEL, Todd, Mr.→
Resigneddirector · ~53y · appointed 2019-07-15 · resigned 2021-02-19
KRONICK, Mark, Mr.→
Resigneddirector · ~62y · appointed 2018-03-27 · resigned 2019-07-05
NEVIN, John Silvanus→
Resigneddirector · ~54y · appointed 2004-11-01 · resigned 2004-12-03
SCHUSTER, Mathew Thomas, Mr.→
Resigneddirector · ~44y · appointed 2021-04-29 · resigned 2024-04-05
STEVENS, Allen Lorne→
Resigneddirector · ~83y · appointed 2004-12-03 · resigned 2021-01-11
STOKER, Louise Jane→
Resigneddirector · ~53y · appointed 2004-10-12 · resigned 2004-11-01
WATERFIELD, David Charles Richard→
Resigneddirector · ~62y · appointed 2004-11-01 · resigned 2004-12-03
ZUERCHER, Eleanor Jane→
Resigneddirector · ~63y · appointed 2004-10-12 · resigned 2004-11-01
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
5
Outstanding
2
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Barclays Barclays Bank PLC | A registered charge | 2 properties | 06/04/2021 | — | |
| outstanding | Barclays Barclays Bank PLC | Legal asignment of contracts | 1 property | 14/09/2007 | — | |
| outstanding | Barclays Barclays Bank PLC | Deed of charge | 1 property | 12/02/2007 | — | |
| outstanding | Barclays Barclays Bank PLC (The Lender) | Debenture | 1 property | 02/11/2005 | — | |
| outstanding | The Secretary of State for Defence | Charge by way of legal mortgage | 1 property | 10/05/2005 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (110 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-17
accounts-with-accounts-type-full
accounts · AA
2025-08-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-21
change-person-director-company-with-change-date
officers · CH01
2024-10-21
accounts-with-accounts-type-full
accounts · AA
2024-08-16
termination-director-company-with-name-termination-date
officers · TM01
2024-04-08
appoint-person-director-company-with-name-date
officers · AP01
2024-04-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-01
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2023-11-01
accounts-with-accounts-type-small
accounts · AA
2023-10-31
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-01-19
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2022-12-30
legacy
capital · SH20
2022-12-30
legacy
insolvency · CAP-SS
2022-12-30
resolution
resolution · RESOLUTIONS
2022-12-30