NORTH WEST ASSETS LTD

⚰️Wound downdissolved
07581653 · ltd · incorporated 2011-03-29
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Why now
Window opening · medium confidence
More negotiable than before — 1 signals weakening over the last 30 days.
  • · Liquidity: unknown → critical
What changed my view
Last 30 days

Picture worsened over the last 30 days — 1 negative signal vs 0 positive.

  • Liquidity: unknowncritical
Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
year to Mar 2016
Net worth
book net assets
Opportunity
60/100
Worth a look
🔔
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What this business does
Primary activity: Real estate agencies
Sector: Real estate
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 60/100 (worth a look), bankability 70/100. Strong seller-intent signal (63/100, director aged 69). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Shore up working capital. Current liabilities exceed current assets by £621,728. Tightening credit control, stretching creditor days or injecting capital resolves it. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (74/100)

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
Confirmed no charges registered
85
Directors & officers
5 officers (2 active, 5 linked, 4 with DOB)
86
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
25 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
60/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · UK GAAP
Liquidity tight
Current ratio 0.01 — current liabilities exceed current assets
Current ratio
0.01
Liquidity — >1 is healthy

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
£4k
Current Liabilities
£626k

Financials

Extracted from Companies House accounts · UK GAAP
Metric2016-03-31
Total assets£-8.0k
Current assets£3.8k
Debtors£2.5k
Current liabilities£625.6k

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 (34 events)Click to expand
  1. 2018-09-04
    📄
    gazette-dissolved-compulsory
    gazette · GAZ2
  2. 2018-09-04
    🏁
    Company dissolved
  3. 2018-06-19
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2017-08-29
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  5. 2017-04-07
    📄
    change-corporate-secretary-company-with-change-date
    officers · CH04
  6. 2017-04-04
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2017-01-27
    BROWN, David Stewart appointed
    director
  8. 2017-01-27
    FARMER, Mark Andrew Derek, Mr. resigned
    director
  9. 2017-01-27
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2017-01-27
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2017-01-24
    📄
    termination-director-company
    officers · TM01
  12. 2017-01-23
    FARMER, Mark Andrew Derek, Mr. appointed
    director
  13. 2017-01-23
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2016-12-19
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2016-09-15
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2016-09-05
    SMITH, Shane Michael resigned
    director
  17. 2016-04-08
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2015-10-07
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  19. 2015-07-23
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  20. 2015-07-23
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  21. 2015-07-21
    GERSOHN, Robert Benjamin resigned
    director
  22. 2015-07-21
    SMITH, Shane Michael appointed
    director
  23. 2015-06-18
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  24. 2014-12-18
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  25. 2014-04-17
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  26. 2013-12-18
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  27. 2013-04-04
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  28. 2012-11-23
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  29. 2012-04-10
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  30. 2011-07-05
    📄
    change-person-director-company-with-change-date
    officers · CH01
  31. 2011-03-29
    🏢
    Company incorporated
    As NORTH WEST ASSETS LTD
  32. 2011-03-29
    CENTRUM SECRETARIES LIMITED appointed
    corporate-secretary
  33. 2011-03-29
    GERSOHN, Robert Benjamin appointed
    director
  34. 2011-03-29
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

90/100
Critical — business is the founder

The 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 age: Director aged approximately 69 — succession pressure is live.

Succession & seller-readiness

75/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 15 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high ·
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2018-09-04

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr David Stewart Brown As Trustee Of The Petunia Trust
Individual · British · DOB 07/1957 · age 69
2550%
25-50% shares · trust interest06/04/2016

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

10 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
Incorporated2011-03-29
Jurisdictionengland-wales
Primary SIC68310 — Real estate agencies

Registered office

Elscot House
Arcadia Avenue
London
N3 2JU
United Kingdom

Filing status

Accounts
Next due:
Last made up to: 2016-03-31
Confirmation statement
Next due:
Last:

Officers (0 active · 3 resigned)

CENTRUM SECRETARIES LIMITED
corporate-secretary · appointed 2011-03-29
View their other companies + combined net worth →
Active
BROWN, David Stewart
director · ~69y · appointed 2017-01-27
View their other companies + combined net worth →
Active
FARMER, Mark Andrew Derek, Mr.
director · ~60y · appointed 2017-01-23 · resigned 2017-01-27
Resigned
GERSOHN, Robert Benjamin
director · ~56y · appointed 2011-03-29 · resigned 2015-07-21
Resigned
SMITH, Shane Michael
director · ~54y · appointed 2015-07-21 · resigned 2016-09-05
Resigned

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

Recent filings (25 total)

gazette-dissolved-compulsory
gazette · GAZ2
2018-09-04
gazette-notice-compulsory
gazette · GAZ1
2018-06-19
change-account-reference-date-company-current-extended
accounts · AA01
2017-08-29
confirmation-statement-with-updates
confirmation-statement · CS01
2017-05-09
change-corporate-secretary-company-with-change-date
officers · CH04
2017-04-07
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2017-04-04
appoint-person-director-company-with-name-date
officers · AP01
2017-01-27
termination-director-company-with-name-termination-date
officers · TM01
2017-01-27
termination-director-company
officers · TM01
2017-01-24
appoint-person-director-company-with-name-date
officers · AP01
2017-01-23
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-12-19
termination-director-company-with-name-termination-date
officers · TM01
2016-09-15
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2016-04-08
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-10-07
appoint-person-director-company-with-name-date
officers · AP01
2015-07-23