NST HOLDINGS LIMITED

🌳Matureactive
06322303 · ltd · incorporated 2007-07-24
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
Upgrade to see
Turnover
year to Aug 2024
Net worth
book net assets
Opportunity
72/100
Strong
🔔
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What this business does
Primary activity: Activities of head offices
Sector: Professional, scientific & technical
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 72/100 (strong), bankability 67/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

8 live charges · 4 lenders · oldest 17.9y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 17.9 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Legal-friction score 30/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (76/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
8 charges (8/8 with lender, 8/8 with type)
90
Directors & officers
24 officers (2 active, 24 linked, 18 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
15 connected companies via shared directors
90
Filing history
134 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
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-08-31

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (80 events)Click to expand
  1. 2025-06-17
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2025-02-20
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  3. 2025-02-20
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2025-01-28
    GRAFF, Nicole Sarah appointed
    director
  5. 2025-01-28
    CLARK, Andrew James resigned
    director
  6. 2024-05-18
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2023-11-22
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  8. 2023-11-21
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  9. 2023-11-21
    🔒
    Charge registered #8
    Lender: Ares Management Limited (As Security Trustee for the Secured Parties (as Defined in the Instrument))
  10. 2023-11-16
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  11. 2023-06-13
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2022-10-07
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2022-09-20
    CLARK, Andrew James appointed
    director
  14. 2022-07-06
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2022-07-01
    CREIGHTON, Luke Taylor resigned
    director
  16. 2021-12-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  17. 2021-11-30
    CURRIE, Neil Allen resigned
    director
  18. 2021-11-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  19. 2021-09-17
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  20. 2021-02-11
    CREIGHTON, Luke Taylor appointed
    director
  21. 2021-02-11
    HAYWARD, Carl Robert resigned
    director
  22. 2021-02-11
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  23. 2021-02-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  24. 2021-01-20
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  25. 2021-01-14
    🔒
    Charge registered #7
    Lender: Ares Management Limited (As Security Trustee for the Secured Parties (as Defined in the Instrument))
  26. 2020-09-08
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  27. 2020-09-01
    CHURCHUS, Peter John resigned
    director
  28. 2020-08-28
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  29. 2020-08-28
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  30. 2020-07-16
    📍
    change-sail-address-company-with-old-address-new-address
    address · AD02
  31. 2020-07-01
    HAYWARD, Carl Robert appointed
    director
  32. 2020-04-27
    FIRTH, John Gordon resigned
    director
  33. 2020-03-26
    JONES, Anthony Gerald appointed
    director
  34. 2019-09-26
    FIRTH, John Gordon appointed
    director
  35. 2019-01-21
    🔓
    Charge satisfied #5
  36. 2019-01-21
    🔓
    Charge satisfied #4
  37. 2019-01-14
    BALI, Navneet resigned
    director
  38. 2019-01-14
    CHURCHUS, Peter John appointed
    director
  39. 2019-01-14
    CURRIE, Neil Allen appointed
    director
  40. 2019-01-14
    GOENKA, Abhishek resigned
    director
  41. 2019-01-14
    MAY, Timothy William resigned
    director
  42. 2019-01-14
    🔒
    Charge registered #6
    Lender: Ares Management Limited (As Security Agent for the Secured Parties (Each as Defined in the Instrument))
  43. 2018-05-14
    🔓
    Charge satisfied #3
  44. 2017-06-30
    🔒
    Charge registered #5
    Lender: Barclays Bank PLC (As Facility Agent)
  45. 2016-08-01
    CULLEN, Dominique resigned
    secretary
  46. 2015-02-20
    CULLEN, Dominique appointed
    secretary
  47. 2015-02-20
    MAY, Timothy William resigned
    secretary
  48. 2014-10-30
    MAY, Timothy William appointed
    secretary
  49. 2014-10-30
    WILLIAMSON, Alexandra Dilys resigned
    secretary
  50. 2014-10-30
    GOENKA, Abhishek appointed
    director
Showing most recent 50 of 80 events

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Hb Education Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Hb Education Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
NST HOLDINGS LIMITED
This company · 06322303

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%
NameSharesVoting rightsNature of controlNotified
Hb Education Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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 →

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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
Incorporated2007-07-24
Jurisdictionengland-wales
Primary SIC70100 — Activities of head offices

Registered office

Discovery House Brooklands Way
Whitehills Business Park
Blackpool
Lancashire
FY4 5LW

Filing status

Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-07-29
Last: 2025-07-15

Officers (2 active · 22 resigned)

GRAFF, Nicole Sarah
director · ~37y · appointed 2025-01-28
View their other companies + combined net worth →
Active
JONES, Anthony Gerald
director · ~53y · appointed 2020-03-26
View their other companies + combined net worth →
Active
CRAVEN, John Martin
secretary · appointed 2007-08-03 · resigned 2007-09-30
Resigned
CULLEN, Dominique
secretary · appointed 2015-02-20 · resigned 2016-08-01
Resigned
MAY, Timothy William
secretary · appointed 2014-10-30 · resigned 2015-02-20
Resigned
WILLIAMSON, Alexandra Dilys
secretary · appointed 2007-09-30 · resigned 2014-10-30
Resigned
PINSENT MASONS SECRETARIAL LIMITED
corporate-secretary · appointed 2007-07-24 · resigned 2007-08-03
Resigned
BADDELEY, Robert Gregory
director · ~73y · appointed 2007-09-30 · resigned 2010-12-31
Resigned
BALI, Navneet
director · ~70y · appointed 2012-05-17 · resigned 2019-01-14
Resigned
BRIGHT, Neil Irvine
director · ~63y · appointed 2011-01-01 · resigned 2012-07-06
Resigned
CHURCHUS, Peter John
director · ~72y · appointed 2019-01-14 · resigned 2020-09-01
Resigned
CLARK, Andrew James
director · ~48y · appointed 2022-09-20 · resigned 2025-01-28
Resigned
CRAVEN, David Joseph
director · ~66y · appointed 2007-08-03 · resigned 2008-02-01
Resigned
CRAVEN, John Martin
director · ~69y · appointed 2007-08-03 · resigned 2007-12-21
Resigned
CREIGHTON, Luke Taylor
director · ~47y · appointed 2021-02-11 · resigned 2022-07-01
Resigned
CURRIE, Neil Allen
director · ~61y · appointed 2019-01-14 · resigned 2021-11-30
Resigned
DAVIES, Martin William Oliver
director · ~66y · appointed 2007-09-30 · resigned 2010-09-29
Resigned
FIRTH, John Gordon
director · ~61y · appointed 2019-09-26 · resigned 2020-04-27
Resigned
GOENKA, Abhishek
director · ~47y · appointed 2014-10-30 · resigned 2019-01-14
Resigned
HAYWARD, Carl Robert
director · ~45y · appointed 2020-07-01 · resigned 2021-02-11
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

8
Total charges
3
Outstanding
2
Active lenders
Status:Lender:8 of 8 shown
TypeProperties
outstanding
Ares Management (As Security Trustee for the Secured Parties (as Defined in the Instrument))
Ares Management Limited (As Security Trustee for the Secured Parties (as Defined in the Instrument))
A registered charge21/11/2023
outstanding
Ares Management (As Security Trustee for the Secured Parties (as Defined in the Instrument))
Ares Management Limited (As Security Trustee for the Secured Parties (as Defined in the Instrument))
A registered charge14/01/2021
outstanding
Ares Management (As Security Agent for the Secured Parties (Each as Defined in the Instrument))
Ares Management Limited (As Security Agent for the Secured Parties (Each as Defined in the Instrument))
A registered charge14/01/2019
satisfied
Barclays
Barclays Bank PLC (As Facility Agent)
A registered charge1 property30/06/201721/01/2019
satisfied
Barclays
Barclays Bank PLC
A registered charge04/09/201421/01/2019
satisfied
Barclays
Barclays Bank PLC
English law security agreement1 property29/06/201214/05/2018
satisfied
Barclays
Barclays Bank PLC
Share mortgage1 property11/06/200803/07/2012
satisfied
Barclays
Barclays Bank PLC
Deed of accession2 properties11/06/200803/07/2012
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (134 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-05
accounts-with-accounts-type-dormant
accounts · AA
2025-06-17
appoint-person-director-company-with-name-date
officers · AP01
2025-02-20
termination-director-company-with-name-termination-date
officers · TM01
2025-02-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-13
accounts-with-accounts-type-dormant
accounts · AA
2024-05-18
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-11-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2023-11-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2023-11-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-18
accounts-with-accounts-type-dormant
accounts · AA
2023-06-13
appoint-person-director-company-with-name-date
officers · AP01
2022-10-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-19
termination-director-company-with-name-termination-date
officers · TM01
2022-07-06
accounts-with-accounts-type-dormant
accounts · AA
2021-12-23