11 NEWCASTLE DRIVE LIMITED
🌳Matureactive
09125145 · ltd · incorporated 2014-07-10
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 7.3y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jul 2025
Net worth
—
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
PursueActive trading company with a 76-year-old founder — textbook succession opportunity.
Opportunity 79/100 (strong), bankability 80/100. Strong seller-intent signal (68/100, director aged 76). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
1 live charge · oldest 7.3y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 7.3 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: high (83/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 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
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-07-31 | 2024-07-31 |
|---|
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 (19 events)Click to expand
- 2025-08-19📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-08-01📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-08-18📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-08-04📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-07-20📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-08-03📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-08-04📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-08-05📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-01-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2018-12-20🔒Charge registered #1Lender: Charter Court Financial Services Limited
- 2018-08-14📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-08-03📄accounts-with-accounts-type-dormantaccounts · AA
- 2016-08-02📄accounts-with-accounts-type-dormantaccounts · AA
- 2016-03-14📄accounts-with-accounts-type-dormantaccounts · AA
- 2015-07-14📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-07-10🏢Company incorporatedAs 11 NEWCASTLE DRIVE LIMITED
- 2014-07-10➕BONNELLO, Nicholas William appointeddirector
- 2014-07-10➕BONNELLO, Richard William appointeddirector
- 2014-07-10📄incorporation-companyincorporation · NEWINC
Owner dependency
86/100
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
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder age: Director aged approximately 76 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 12 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
71/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 76 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- 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 |
|---|---|---|---|---|
Mr Nicholas William Bonnello Individual · British · DOB 06/1978 · age 48 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
Mr Richard William Bonnello Individual · British · DOB 03/1950 · age 76 | 25–50% | 25–50% | sig. influence25-50% shares · 25-50% voting · significant influence | 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 · Other · NG postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 00082892 LTD→ 00082892 · est 1904 · no financials extracted | — | — | — | — | 121y | — | — |
| 00227097 LIMITED→ 00227097 · est 1928 · no financials extracted | — | — | — | — | 98y | — | — |
| 00495630 LIMITED→ 00495630 · est 1951 · no financials extracted | — | — | — | — | 74y | — | — |
| 01198986 LIMITED→ 01198986 · est 1975 · no financials extracted | — | — | — | — | 51y | — | — |
| 1 CALL MEDICAL ASSIST LTD→ 13023470 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 1 FOR ALL PAYROLL ANGELS LTD→ 13246792 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| 10-PLUS INVESTMENT COMPANY LLP→ OC456294 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 1ST COATINGS LIMITED→ 10808126 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| 1ST SPECIALIST SERVICES LIMITED→ 10808374 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| 21CL LLP→ OC451629 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 25SEVENIT LIMITED→ 05670645 · est 2006 · no financials extracted | — | — | — | — | 20y | — | — |
| 29 STONEY STREET LLP→ OC376787 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
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
Incorporated2014-07-10
Jurisdictionengland-wales
Primary SIC99999 — SIC 99999
Registered office
Northgate House
North Gate New Basford
Nottingham
NG7 7BQ
Filing status
Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-07-24
Last: 2025-07-10
Officers (2 active · 0 resigned)
BONNELLO, Nicholas William→
Activedirector · ~48y · appointed 2014-07-10
View their other companies + combined net worth →
BONNELLO, Richard William→
Activedirector · ~76y · appointed 2014-07-10
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Precise Mortgages Charter Court Financial Services Limited | A registered charge | 1 property | 20/12/2018 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (25 total)
accounts-with-accounts-type-dormant
accounts · AA
2025-08-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-10
accounts-with-accounts-type-dormant
accounts · AA
2024-08-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-10
accounts-with-accounts-type-dormant
accounts · AA
2023-08-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-12
accounts-with-accounts-type-dormant
accounts · AA
2022-08-04
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-07-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-20
accounts-with-accounts-type-dormant
accounts · AA
2021-08-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-20
accounts-with-accounts-type-dormant
accounts · AA
2020-08-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-07-13
accounts-with-accounts-type-dormant
accounts · AA
2019-08-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-07-11