NPL DEVELOPMENTS LTD

🌳Matureactive
08561769 · ltd · incorporated 2013-06-10
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
73/100
Strong
🔔
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 73/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: 2 insolvency-related filings on record. Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding. Most likely exit: share sale to pe / searcher (73/100).

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
Confirmed no charges registered
85
Directors & officers
4 officers (2 active, 4 linked, 3 with DOB)
85
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
18 connected companies via shared directors
90
Filing history
49 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
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 (26 events)Click to expand
  1. 2026-03-30
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  2. 2025-05-07
    THOMSON, Carol resigned
    secretary
  3. 2025-05-07
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  4. 2025-01-05
    📄
    accounts-with-accounts-type-small
    accounts · AA
  5. 2024-01-12
    📄
    accounts-with-accounts-type-small
    accounts · AA
  6. 2023-11-09
    📄
    resolution
    resolution · RESOLUTIONS
  7. 2023-11-09
    📄
    legacy
    capital · SH20
  8. 2023-11-09
    ⚠️
    legacy
    insolvency · CAP-SS
  9. 2023-11-06
    📄
    resolution
    resolution · RESOLUTIONS
  10. 2023-10-10
    📄
    resolution
    resolution · RESOLUTIONS
  11. 2023-04-11
    📄
    accounts-with-accounts-type-small
    accounts · AA
  12. 2021-12-31
    📄
    accounts-with-accounts-type-small
    accounts · AA
  13. 2021-06-30
    LEWSLEY, John Charles appointed
    director
  14. 2021-06-30
    TOWERS, Simon resigned
    director
  15. 2021-06-30
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2021-06-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2021-04-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2020-04-21
    📄
    capital-statement-capital-company-with-date-currency-figure
    capital · SH19
  19. 2020-04-21
    📄
    resolution
    resolution · RESOLUTIONS
  20. 2020-04-21
    📄
    legacy
    capital · SH20
  21. 2020-04-21
    ⚠️
    legacy
    insolvency · CAP-SS
  22. 2020-04-06
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  23. 2013-06-10
    🏢
    Company incorporated
    As NPL DEVELOPMENTS LTD
  24. 2013-06-10
    MCFARLANE, Michelle appointed
    director
  25. 2013-06-10
    THOMSON, Carol appointed
    secretary
  26. 2013-06-10
    TOWERS, Simon appointed
    director

Owner dependency

66/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.

Succession & seller-readiness

59/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 13 years.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 high ·
2 insolvency-related filings on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2023-11-09: legacy; 2020-04-21: legacy

Group structure

Npl Group (Uk) Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Npl Group (Uk) Ltd
Corporate parent · holds 75-100% shares
ultimate parent
NPL DEVELOPMENTS LTD
This company · 08561769

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Npl Group (Uk) Ltd
Corporate entity
75100%
75-100% shares31/03/2020
Dr Robert Mcfarlane
Individual · British · DOB 08/1946 · age 80
sig. influencesignificant influence14/12/2016

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.

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Company details

Statusactive
Typeltd
Incorporated2013-06-10
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate

Registered office

One St Peter's Square
Manchester
M2 3DE
United Kingdom

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-03-31
Confirmation statement
Next due: 2026-05-10
Last: 2025-04-26

Officers (2 active · 2 resigned)

LEWSLEY, John Charles
director · ~50y · appointed 2021-06-30
View their other companies + combined net worth →
Active
MCFARLANE, Michelle
director · ~58y · appointed 2013-06-10
View their other companies + combined net worth →
Active
THOMSON, Carol
secretary · appointed 2013-06-10 · resigned 2025-05-07
Resigned
TOWERS, Simon
director · ~58y · appointed 2013-06-10 · resigned 2021-06-30
Resigned

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

Recent filings (49 total)

change-account-reference-date-company-current-shortened
accounts · AA01
2026-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-08
termination-secretary-company-with-name-termination-date
officers · TM02
2025-05-07
accounts-with-accounts-type-small
accounts · AA
2025-01-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-14
accounts-with-accounts-type-small
accounts · AA
2024-01-12
resolution
resolution · RESOLUTIONS
2023-11-09
legacy
capital · SH20
2023-11-09
legacy
insolvency · CAP-SS
2023-11-09
resolution
resolution · RESOLUTIONS
2023-11-06
resolution
resolution · RESOLUTIONS
2023-10-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-09
accounts-with-accounts-type-small
accounts · AA
2023-04-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-03
accounts-with-accounts-type-small
accounts · AA
2021-12-31