NQ DEVELOPMENTS LIMITED
⚰️Wound downdissolved
05516595 · ltd · incorporated 2005-07-22
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
52/100
Worth a look
What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 52/100 (worth a look), bankability 52/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 7 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (38/100).
🏦
Refinance opportunity
15 live charges · 7 lenders · oldest 19.9y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 19.9 years old — likely at or near maturity.
- · 7 lenders named — inter-creditor friction likely.
- · Legal-friction score 50/100 (high).
Data confidence
Overall: low (50/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
15 charges (15/15 with lender, 15/15 with type)
90
Directors & officers
10 officers (2 active, 10 linked, 4 with DOB)
78
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
10 connected companies via shared directors
75
Filing history
81 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
52/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
20
Concerning — overdue filings or status flags present.
Acquirability
55
Some acquirability indicators.
Risk profile
56
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
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 (69 events)Click to expand
- 2015-05-19📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2015-05-19🏁Company dissolved
- 2015-02-03📄gazette-notice-voluntarygazette · GAZ1(A)
- 2015-01-24📄dissolution-application-strike-off-companydissolution · DS01
- 2014-07-28📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-07-22📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2013-09-26📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2013-08-12📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-07-12📄change-person-secretary-company-with-change-dateofficers · CH03
- 2013-07-05📄change-person-director-company-with-change-dateofficers · CH01
- 2013-07-04📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2013-04-10📄change-person-director-company-with-change-dateofficers · CH01
- 2012-11-03📄legacymortgage · MG01
- 2012-10-22🔒Charge registered #21Lender: Wayne Seddon, Meena Seddon, Douglas John Townley as Trustees of the Seddon Pension Fund
- 2012-09-28📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2012-08-22📄legacymortgage · MG02
- 2012-08-22📄legacymortgage · MG02
- 2012-08-22📄legacymortgage · MG02
- 2012-08-22📄legacymortgage · MG02
- 2012-08-22📄legacymortgage · MG02
- 2012-08-22📄legacymortgage · MG02
- 2012-08-22📄legacymortgage · MG02
- 2012-08-17📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-08-16🔓Charge satisfied #15
- 2012-08-16🔓Charge satisfied #14
- 2012-08-16🔓Charge satisfied #13
- 2012-08-16🔓Charge satisfied #9
- 2012-08-16🔓Charge satisfied #8
- 2012-08-16🔓Charge satisfied #2
- 2012-08-16🔓Charge satisfied #1
- 2012-04-19📄legacymortgage · MG01
- 2012-04-19📄legacymortgage · MG01
- 2012-04-17🔒Charge registered #20Lender: Bridging Finance Limited
- 2012-04-17🔒Charge registered #19Lender: Bridging Finance Limited
- 2011-10-26📄accounts-amended-with-made-up-dateaccounts · AAMD
- 2011-10-13📄legacymortgage · MG01
- 2011-09-29🔒Charge registered #18Lender: Wayne Seddon
- 2011-09-29🔒Charge registered #17Lender: Wayne Seddon
- 2011-09-09➕SHAW, Michael appointedsecretary
- 2011-09-09➕WHITAKER, Daren appointeddirector
- 2011-09-09➖LILLY, John Calum Loudon resignedsecretary
- 2011-09-09➖DONELAN, Joseph resigneddirector
- 2011-09-09➖KING, Paul Anthony resigneddirector
- 2010-11-30➕KING, Paul Anthony appointeddirector
- 2010-11-30➖LLOYD, Thomas David resigneddirector
- 2010-09-06➕LILLY, John Calum Loudon appointedsecretary
- 2010-09-06➖MITTON, Susan Anne resignedsecretary
- 2009-12-12➕DONELAN, Joseph appointeddirector
- 2008-03-13🔓Charge satisfied #12
- 2008-03-13🔓Charge satisfied #11
Showing most recent 50 of 69 events
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
68/100
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 21 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 high · 1 med · 1 lowCompany dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2015-05-19
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
6 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
🔒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 · M postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1ST CALL MAINTENANCE (MANCHESTER) LTD→ 06686719 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| 1ST CHOICE PROPERTY SERVICES (UK) LTD→ 06713536 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| 1ST SHIELD MAINTENANCE LTD→ 14104984 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 248 CONSTRUCTION LTD→ 15204476 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 360UK LIMITED→ 16396860 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 3PHILS CONSTRUCTION LTD→ 17045575 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 3RD VENTURE LIMITED→ 16686294 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 43RED LTD→ 15594845 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 456 REALTY LIMITED→ 14965143 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 4D CIVILS LTD→ 16000778 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 5 PROPERTY MAINTENANCE LTD→ 13514278 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 5 STAR ROOFING SERVICES MANCHESTER LTD→ 12317484 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
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
Statusdissolved
Typeltd
Incorporated2005-07-22
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects
Registered office
1st Floor
Nq Building 47 Bengal Street
Manchester
Lancashire
M4 6BB
Filing status
Accounts
Next due: —
Last made up to: 2013-12-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 8 resigned)
Active
WHITAKER, Daren→
Activedirector · ~54y · appointed 2011-09-09
View their other companies + combined net worth →
LILLY, John Calum Loudon→
Resignedsecretary · appointed 2010-09-06 · resigned 2011-09-09
LLOYD, Jacqueline Lesley→
Resignedsecretary · appointed 2005-07-22 · resigned 2007-10-31
MITTON, Susan Anne→
Resignedsecretary · appointed 2007-10-31 · resigned 2010-09-06
TEMPLE SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 2005-07-22 · resigned 2005-07-22
DONELAN, Joseph→
Resigneddirector · ~74y · appointed 2009-12-12 · resigned 2011-09-09
KING, Paul Anthony→
Resigneddirector · ~67y · appointed 2010-11-30 · resigned 2011-09-09
LLOYD, Thomas David→
Resigneddirector · ~80y · appointed 2005-07-22 · resigned 2010-11-30
COMPANY DIRECTORS LIMITED→
Resignedcorporate-nominee-director · appointed 2005-07-22 · resigned 2005-07-22
Click a director name to see their full track record across all companies.
Mortgages & charges
15
Total charges
6
Outstanding
4
Active lenders
Status:Lender:15 of 15 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Wayne Seddon, Meena Seddon, Douglas John Townley as Trustees of the Seddon Pension Fund | Legal charge | 3 properties | 22/10/2012 | — | |
| outstanding | Bridging Finance Bridging Finance Limited | Debenture | 1 property | 17/04/2012 | — | |
| outstanding | Bridging Finance Bridging Finance Limited | Legal charge | 1 property | 17/04/2012 | — | |
| outstanding | Wayne Seddon | Mortgage by way of assignment | 1 property | 29/09/2011 | — | |
| outstanding | Wayne Seddon | Legal charge | 2 properties | 29/09/2011 | — | |
| outstanding | Anglo Irish Asset Finance Anglo Irish Asset Finance PLC | Assignment of agreements for sale | 1 property | 11/02/2008 | — | |
| satisfied | Anglo Irish Bank Corporation Anglo Irish Bank Corporation PLC | Legal charge | 1 property | 07/09/2007 | 16/08/2012 | |
| satisfied | Anglo Irish Asset Finance Anglo Irish Asset Finance PLC | Legal charge | 2 properties | 26/04/2007 | 16/08/2012 | |
| satisfied | Anglo Irish Asset Finance Anglo Irish Asset Finance PLC | Assignment of implementation agreement | 1 property | 26/04/2007 | 16/08/2012 | |
| satisfied | Oakbridge Financial Services Oakbridge Financial Services PLC | Legal mortgage | 2 properties | 26/04/2007 | 13/03/2008 | |
| satisfied | Oakbridge Financial Services Oakbridge Financial Services PLC | Debenture | 2 properties | 26/04/2007 | 13/03/2008 | |
| satisfied | Anglo Irish Asset Finance Anglo Irish Asset Finance PLC | Assignment of rental income | 1 property | 26/04/2007 | 16/08/2012 | |
| satisfied | Anglo Irish Asset Finance Anglo Irish Asset Finance PLC | Charge over deposit | 1 property | 26/04/2007 | 16/08/2012 | |
| satisfied | Anglo Irish Asset Finance T/a Anglo Irish Development Finance Anglo Irish Asset Finance PLC T/a Anglo Irish Development Finance | Assignment of agreement for sale | 1 property | 26/06/2006 | 16/08/2012 | |
| satisfied | Anglo Irish Asset Finance T/a Anglo Irish Development Finance Anglo Irish Asset Finance PLC T/a Anglo Irish Development Finance | Debenture | 1 property | 26/06/2006 | 16/08/2012 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (81 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2015-05-19
gazette-notice-voluntary
gazette · GAZ1(A)
2015-02-03
dissolution-application-strike-off-company
dissolution · DS01
2015-01-24
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-07-28
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-07-22
accounts-with-accounts-type-total-exemption-small
accounts · AA
2013-09-26
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-08-12
change-person-secretary-company-with-change-date
officers · CH03
2013-07-12
change-person-director-company-with-change-date
officers · CH01
2013-07-05
change-registered-office-address-company-with-date-old-address
address · AD01
2013-07-04
change-person-director-company-with-change-date
officers · CH01
2013-04-10
legacy
mortgage · MG01
2012-11-03
accounts-with-accounts-type-total-exemption-small
accounts · AA
2012-09-28
legacy
mortgage · MG02
2012-08-22
legacy
mortgage · MG02
2012-08-22