VENICE TOPCO LIMITED
🌳Matureactive
06923445 · ltd · incorporated 2009-06-03
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
—
not disclosed
Net worth
—
book net assets
Opportunity
66/100
Strong
What this business does
Primary activity: Activities of head offices
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 66/100 (strong), bankability 77/100. Biggest value-creation lever: Consolidate lender relationships. 6 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 · 6 lenders · oldest 16.8y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 16.8 years old — likely at or near maturity.
- · 6 lenders named — inter-creditor friction likely.
- · Legal-friction score 38/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (60/100)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
No iXBRL financials extracted
0
Lenders & charges
8 charges (8/8 with lender, 8/8 with type)
90
Directors & officers
32 officers (2 active, 32 linked, 27 with DOB)
87
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
168 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
66/100Strong
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
59
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
1
filing
- • 1 accounts
Last 90 days
1
filing
- • 1 accounts
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (101 events)Click to expand
- 2026-05-13📄accounts-with-accounts-type-fullaccounts · AA
- 2025-03-20📄accounts-with-accounts-type-fullaccounts · AA
- 2025-01-31📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-01-31📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-01-31📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-01-31📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-01-24➕DE GREEF, Erik Martin appointeddirector
- 2025-01-24➕MALIK, Imran Khalid appointeddirector
- 2025-01-24➖CHASE-HUBBARD, Kimberly Sue resigneddirector
- 2025-01-24➖JEFFERSON, Philip Ashley resigneddirector
- 2024-12-17⚠️legacyinsolvency · CAP-SS
- 2024-08-20📄capital-statement-capital-company-with-date-currency-figurecapital · SH19
- 2024-08-20⚠️legacyinsolvency · CAP-SS
- 2024-08-20📄legacycapital · SH20
- 2024-08-20📄resolutionresolution · RESOLUTIONS
- 2024-07-07📄accounts-with-accounts-type-fullaccounts · AA
- 2023-12-19📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-12-18📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-12-01➕JEFFERSON, Philip Ashley appointeddirector
- 2023-12-01➖O'CONNELL, Paul James resigneddirector
- 2023-08-24📄capital-statement-capital-company-with-date-currency-figurecapital · SH19
- 2023-08-24📄legacycapital · SH20
- 2023-08-24⚠️legacyinsolvency · CAP-SS
- 2023-08-24📄resolutionresolution · RESOLUTIONS
- 2023-06-10📄accounts-with-accounts-type-fullaccounts · AA
- 2022-11-30📄capital-allotment-sharescapital · SH01
- 2022-10-04📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-10-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-09-30➕CHASE-HUBBARD, Kimberly Sue appointeddirector
- 2022-09-30➖ROMAN, Richard Martin resigneddirector
- 2021-10-05➕O'CONNELL, Paul James appointeddirector
- 2021-09-01➖GASKELL, James Richard resigneddirector
- 2020-09-28➖GEMMELL, Nicholas James resignedsecretary
- 2020-09-28➕GASKELL, James Richard appointeddirector
- 2020-09-28➖GEMMELL, Nicholas James resigneddirector
- 2017-12-18➖BRAATZ, Terrence Martin resigneddirector
- 2017-12-18➖DICK, John Landis resigneddirector
- 2017-12-18➕ROMAN, Richard Martin appointeddirector
- 2015-09-01➖DE KONING, Jan resigneddirector
- 2015-09-01➕DICK, John Landis appointeddirector
- 2015-09-01➕GEMMELL, Nicholas James appointeddirector
- 2014-11-02➖BAYLISS, William John resigneddirector
- 2014-10-31➖BANNISTER, Adrian John resigneddirector
- 2014-10-29➕DE KONING, Jan appointeddirector
- 2013-09-03🔓Charge satisfied #6
- 2013-09-03🔓Charge satisfied #5
- 2013-09-03🔓Charge satisfied #8
- 2013-09-03🔓Charge satisfied #7
- 2013-09-03🔓Charge satisfied #4
- 2013-08-27➕GEMMELL, Nicholas James appointedsecretary
Showing most recent 50 of 101 events
Owner dependency
58/100
Moderate — manageable with handoverSome 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 signalLimited 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 high · 1 med ·3 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2024-12-17: legacy; 2024-08-20: legacy
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Enerpac Acquisitions Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️
Enerpac Acquisitions Limited
Corporate parent
⬇
VENICE TOPCO LIMITED
This company · 06923445
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 |
|---|---|---|---|---|
Enerpac Acquisitions Limited Corporate entity | — | 75–100% | 75-100% voting | 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 · Professional services · NE postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 44-COLLECTIVE LTD→ 13371946 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| A2B CAPITAL HOLDINGS LIMITED→ 15646686 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| A3 ENGINEERING SERVICES LTD→ 12285627 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| AAC & PARTNERS LTD→ 14605653 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ABACCUS ACCOUNTANCY LIMITED→ 04197245 · est 2001 · no financials extracted | — | — | — | — | 25y | — | — |
| ABACUS 196 LIMITED→ 05627439 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| ABS SERVICE ACCOUNTANCY & BOOKKEEPING LTD→ 09519974 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| ABSTRACT UK 2013 LIMITED→ 08335197 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| AC PHARMA CONSULTANCY LTD→ 16139886 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ACADEMY GEOMATICS LIMITED→ 04145906 · est 2001 · no financials extracted | — | — | — | — | 25y | — | — |
| ACCELERATE HR LIMITED→ 16619800 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ACCESS ADVISE LTD→ 16494938 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2009-06-03
Jurisdictionengland-wales
Primary SIC70100 — Activities of head offices
Registered office
45 Colbourne Avenue
Nelson Park
Cramlington
Northumberland
NE23 1WD
England
Filing status
Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2026-06-17
Last: 2025-06-03
Officers (2 active · 30 resigned)
DE GREEF, Erik Martin→
Activedirector · ~45y · appointed 2025-01-24
View their other companies + combined net worth →
MALIK, Imran Khalid→
Activedirector · ~40y · appointed 2025-01-24
View their other companies + combined net worth →
GASKELL, James→
Resignedsecretary · appointed 2010-07-06 · resigned 2011-12-09
GEMMELL, Nicholas James→
Resignedsecretary · appointed 2013-08-27 · resigned 2020-09-28
GJESDAL, Even→
Resignedsecretary · appointed 2009-10-28 · resigned 2010-07-06
O'BRIEN, Janice→
Resignedsecretary · appointed 2009-07-24 · resigned 2009-10-28
PINSENT MASONS SECRETARIAL LIMITED→
Resignedcorporate-secretary · appointed 2012-02-01 · resigned 2013-08-27
ATALLA, Mahmoud→
Resigneddirector · ~50y · appointed 2011-12-09 · resigned 2012-02-16
ATALLA, Mahmoud Riyad→
Resigneddirector · ~50y · appointed 2009-07-24 · resigned 2010-10-22
BANNISTER, Adrian John→
Resigneddirector · ~62y · appointed 2013-08-27 · resigned 2014-10-31
BAYLISS, William John→
Resigneddirector · ~64y · appointed 2011-09-02 · resigned 2014-11-02
BERNBAUM, Anthony David→
Resigneddirector · ~61y · appointed 2011-12-09 · resigned 2013-08-27
BRAATZ, Terrence Martin→
Resigneddirector · ~69y · appointed 2013-08-27 · resigned 2017-12-18
CHASE-HUBBARD, Kimberly Sue→
Resigneddirector · ~58y · appointed 2022-09-30 · resigned 2025-01-24
COLE, Richard John→
Resigneddirector · ~72y · appointed 2011-12-09 · resigned 2013-08-27
DE KONING, Jan→
Resigneddirector · ~71y · appointed 2014-10-29 · resigned 2015-09-01
DICK, John Landis→
Resigneddirector · ~57y · appointed 2015-09-01 · resigned 2017-12-18
EHRET, Thomas Michael Ernest→
Resigneddirector · ~74y · appointed 2009-07-24 · resigned 2010-07-09
FEATHERSTONE, Donald William→
Resigneddirector · ~58y · appointed 2010-07-23 · resigned 2013-08-27
FIETTA, Glen→
Resigneddirector · ~53y · appointed 2010-07-23 · resigned 2011-12-09
Click a director name to see their full track record across all companies.
Mortgages & charges
8
Total charges
0
Outstanding
0
Active lenders
Status:Lender:8 of 8 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | HSBC Hsbc Investment Bank Holdings PLC | Bond and floating charge | 1 property | 08/12/2011 | 03/09/2013 | |
| satisfied | HSBC Hsbc Investment Bank Holdings PLC | Security agreement | 1 property | 08/12/2011 | 03/09/2013 | |
| satisfied | Dnb Bank Asa | Bond and floating charge | 1 property | 07/12/2011 | 03/09/2013 | |
| satisfied | Dnb Bank Asa (The Security Agent) | Debenture | 1 property | 07/12/2011 | 03/09/2013 | |
| satisfied | HSBC Hsbc Investment Bank Holdings PLC | Security agreement | 1 property | 15/11/2010 | 03/09/2013 | |
| satisfied | Inflexion Private Equity Partners (The "Security Trustee") Inflexion Private Equity Partners LLP (The "Security Trustee") | Debenture | 1 property | 15/11/2010 | 17/12/2011 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC (The "Security Agent") | Debenture | 1 property | 24/07/2009 | 17/12/2011 | |
| satisfied | Inflexion Private Equity Partnership (As Agent and Security Trustee for Each of the Noteholders) the Security Trustee Inflexion Private Equity Partnership LLP (As Agent and Security Trustee for Each of the Noteholders) the Security Trustee | Debenture | 1 property | 24/07/2009 | 17/12/2011 |
Recent filings (168 total)
accounts-with-accounts-type-full
accounts · AA
2026-05-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-17
accounts-with-accounts-type-full
accounts · AA
2025-03-20
appoint-person-director-company-with-name-date
officers · AP01
2025-01-31
appoint-person-director-company-with-name-date
officers · AP01
2025-01-31
termination-director-company-with-name-termination-date
officers · TM01
2025-01-31
termination-director-company-with-name-termination-date
officers · TM01
2025-01-31
legacy
insolvency · CAP-SS
2024-12-17
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2024-08-20
legacy
insolvency · CAP-SS
2024-08-20
legacy
capital · SH20
2024-08-20
resolution
resolution · RESOLUTIONS
2024-08-20
accounts-with-accounts-type-full
accounts · AA
2024-07-07
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-13
appoint-person-director-company-with-name-date
officers · AP01
2023-12-19