3 STEPS PROJECT NORTH EAST COMMUNITY INTEREST COMPANY

🏛️Establishedactive
11304863 · private-limited-guarant-nsc · incorporated 2018-04-11
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
69/100
Strong
🔔
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What this business does
Primary activity: Other accommodation
Sector: Accommodation & food service
ALSO REGISTERED FOR
  • 86900Other human health activities
  • 87900Other residential care activities n.e.c.
  • 88990Other social work activities without accommodation n.e.c.
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 69/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (56/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 4 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
4 officers (3 active, 4 linked, 3 with DOB)
85
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
20 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
55
Adequate — check latest filings for context.
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
0
filings
Last 90 days
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2026-03-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-01-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-02-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-02-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-06-23
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2022-02-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-01-04
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2021-12-31
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2021-05-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2020-04-26
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  11. 2020-04-26
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2020-04-14
    ➖
    MAGIDI, Tendai resigned
    director
  13. 2020-01-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2018-04-11
    🏢
    Company incorporated
    As 3 STEPS PROJECT NORTH EAST COMMUNITY INTEREST COMPANY
  15. 2018-04-11
    ➕
    MAHOMED, Mardoo George appointed
    secretary
  16. 2018-04-11
    ➕
    MAHOMED, Mardoo George appointed
    director
  17. 2018-04-11
    ➕
    PROUDLOCK, Graham Francis appointed
    director
  18. 2018-04-11
    ➕
    MAGIDI, Tendai appointed
    director
  19. 2018-04-11
    📄
    incorporation-community-interest-company
    incorporation · CICINC

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

46/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

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.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-04-24

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Mardoo George Mahomed
Individual · Zimbabwean · DOB 08/1980 · age 46
—25–50%25-50% voting11/04/2018
Graham Francis Proudlock
Individual · British · DOB 08/1968 · age 58
—25–50%25-50% voting11/04/2018
1 historic (ceased) PSC
  • Mr Tendai Magidiceased 14/04/2020· 25-50% voting

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
Typeprivate-limited-guarant-nsc
Incorporated2018-04-11
Jurisdictionengland-wales
Primary SIC55900 — Other accommodation

Registered office

14 Burnstones Burnstones
Newcastle Upon Tyne
NE5 2DW
England

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-04-24OVERDUE
Last: 2025-04-10

Officers (3 active · 1 resigned)

MAHOMED, Mardoo George→
secretary · appointed 2018-04-11
View their other companies + combined net worth →
Active
MAHOMED, Mardoo George→
director · ~46y · appointed 2018-04-11
View their other companies + combined net worth →
Active
PROUDLOCK, Graham Francis→
director · ~58y · appointed 2018-04-11
View their other companies + combined net worth →
Active
MAGIDI, Tendai→
director · ~49y · appointed 2018-04-11 · resigned 2020-04-14
Resigned

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

Recent filings (20 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-13
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-06-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-02
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-01-04
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-12-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-04-26