ND BREWSTER ASSOCIATES LTD
💤Zombieactive
05602278 · ltd · incorporated 2005-10-25
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 Apr 2025
Net worth
£197.9k
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: Financial management
Sector: Professional, scientific & technical
Investor take
PursueAsset-holding vehicle with a 64-year-old founder — textbook succession opportunity.
Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 64). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -36% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
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
Confirmed no charges registered
85
Directors & officers
4 officers (2 active, 4 linked, 1 with DOB)
75
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
60 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £197,877
Net assets shrinking
Down £85,397 YoY
Cash YoY
-36%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£112k
↓ 36% YoY
Net Worth
£198k
↓ 30% YoY
Current Assets
£112k
↓ 36% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Total assets | £200.8k | £287.1k |
| Current assets | £111.8k | £174.2k |
| Cash | £111.7k | £174.1k |
| Debtors | £20 | £20 |
| Net assets | £197.9k | £283.3k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
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
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
- 2025-06-27📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-08-02📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-04-17📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-04-17📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-11-06📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-11-06📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-08-07📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-08-11📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-08-17📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-07-13📄memorandum-articlesincorporation · MA
- 2021-07-13📄resolutionresolution · RESOLUTIONS
- 2021-07-13📄capital-name-of-class-of-sharescapital · SH08
- 2021-07-13📄capital-allotment-sharescapital · SH01
- 2020-07-08📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-08-28📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-06-14📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2005-10-27➖DUPORT SECRETARY LIMITED resignedcorporate-nominee-secretary
- 2005-10-27➖DUPORT DIRECTOR LIMITED resignedcorporate-nominee-director
- 2005-10-25🏢Company incorporatedAs ND BREWSTER ASSOCIATES LTD
- 2005-10-25➕BREWSTER, Nicola Jane appointedsecretary
- 2005-10-25➕BREWSTER, Nigel David appointeddirector
- 2005-10-25➕DUPORT SECRETARY LIMITED appointedcorporate-nominee-secretary
- 2005-10-25➕DUPORT DIRECTOR LIMITED appointedcorporate-nominee-director
Owner dependency
100/100
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.
- +Founder name in company name: Company name contains director surname "BREWSTER" — strong identity link between founder and business.
- +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
95/100
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.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
- 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Nicola Jane Brewster Individual · British · DOB 03/1968 · age 58 | — | — | sig. influencesignificant influence | 06/11/2023 |
Mr Nigel David Brewster Individual · British · DOB 09/1962 · age 64 | — | — | sig. influencesignificant influence | 25/10/2016 |
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 · Professional services · SL postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ACCOUNTTAX (SERVICES) LTD→ 12625272 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ACE TECHNICAL CONSULTING LTD→ 15766442 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ACES PROJECT MANAGEMENT LIMITED→ 05302695 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| ACHHAR CONSULTING LTD→ 16798398 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ACKC ANIMAL SERVICES LTD→ 10890383 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ACKHA LIMITED→ 15711632 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ACTIMED THERAPEUTICS LTD→ 10519588 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ACTIVE NETWORKS LIMITED→ 05051288 · est 2004 · no financials extracted | — | — | — | — | 22y | — | — |
| ACUITY ANALYTICA LTD→ 15957421 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ACUITY MARKETING CONSULTING LTD→ 11330148 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ACWA LTD→ 15329116 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AD ASTRA Z LTD→ 13414290 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
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
Incorporated2005-10-25
Jurisdictionengland-wales
Primary SIC70221 — Financial management
Registered office
11 Castle Hill
Maidenhead
Berkshire
SL6 4AA
England
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-11-08
Last: 2025-10-25
Officers (2 active · 2 resigned)
BREWSTER, Nicola Jane→
Activesecretary · appointed 2005-10-25
View their other companies + combined net worth →
BREWSTER, Nigel David→
Activedirector · ~64y · appointed 2005-10-25
View their other companies + combined net worth →
DUPORT SECRETARY LIMITED→
Resignedcorporate-nominee-secretary · appointed 2005-10-25 · resigned 2005-10-27
DUPORT DIRECTOR LIMITED→
Resignedcorporate-nominee-director · appointed 2005-10-25 · resigned 2005-10-27
Click a director name to see their full track record across all companies.
Recent filings (60 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-27
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-06-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-30
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-08-02
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-04-17
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-04-17
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-11-06
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-11-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-04
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-08-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-25
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-08-11
confirmation-statement-with-updates
confirmation-statement · CS01
2021-10-25
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-08-17
memorandum-articles
incorporation · MA
2021-07-13