61 UPGATE LIMITED
🏛️Establishedactive
11759594 · ltd · incorporated 2019-01-10
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
—
year to Jan 2025
Net worth
£172
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: Residents property management
Sector: Activities of households
Investor take
PursueAsset-holding vehicle with a 70-year-old founder — textbook succession opportunity.
Opportunity 77/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 70). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
Data confidence
Overall: medium (78/100)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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
5 officers (2 active, 5 linked, 5 with DOB)
90
Ownership & PSC
2 active PSC(s) of 5 total, 5 with control declared
90
Director network
Network not yet resolved
30
Filing history
30 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £172
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£172
↑ 101% YoY
Current Assets
£172
↑ 30% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-01-31 | 2024-01-31 |
|---|---|---|
| Total assets | £172 | £-12.7k |
| Current assets | £172 | £132 |
| Net assets | £172 | £-12.7k |
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
3
filings
- • 1 confirmation-statement
- • 1 officers
- • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
- 2026-01-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-01-08📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-01-07➖CRUICKSHANK, Rosemary Muriel resigneddirector
- 2025-10-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-08-01📄change-person-director-company-with-change-dateofficers · CH01
- 2024-07-24📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-07-13📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-06-14📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-03-28📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-03-28📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-03-28📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-03-28📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-03-28📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-03-25➕STEVENS, James appointeddirector
- 2024-03-25➖BYRNE, Hilary resigneddirector
- 2024-02-20📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-02-20📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-02-20📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-02-15➕SHERIDEN, Nigel Vernon appointeddirector
- 2024-02-15➖FRANKLIN, Amanda Patricia resigneddirector
- 2023-10-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-10-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-10-14📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-12-05📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2019-01-10🏢Company incorporatedAs 61 UPGATE LIMITED
- 2019-01-10➕BYRNE, Hilary appointeddirector
- 2019-01-10➕CRUICKSHANK, Rosemary Muriel appointeddirector
- 2019-01-10➕FRANKLIN, Amanda Patricia appointeddirector
Owner dependency
73/100
High — earn-out structure requiredMaterial 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.
- +Founder age: Director aged approximately 70 — succession pressure is live.
Succession & seller-readiness
66/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 70 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
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 James Stevens Individual · British · DOB 05/1975 · age 51 | 25–50% | — | 25-50% shares | 29/02/2024 |
Mr Nigel Vernon Sheriden Individual · British · DOB 05/1956 · age 70 | 25–50% | — | 25-50% shares | 15/02/2024 |
3 historic (ceased) PSCs
- Mrs Rosemary Muriel Cruickshankceased 07/01/2026· 25-50% shares · 25-50% voting
- Mrs Hilary Byrneceased 29/02/2024· 25-50% shares · 25-50% voting
- Mrs Amanda Patricia Franklinceased 15/02/2024· 25-50% shares · 25-50% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Holding company · LN postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 10 LEE STREET LOUTH FREEHOLD LTD→ 15157989 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 140-142 EASTGATE MANAGEMENT COMPANY LIMITED→ 10543163 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| 146 TONBRIDGE ROAD FREEHOLD LIMITED→ 13999091 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| 2097 HOLDINGS LIMITED→ 10734827 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| A-Z D&F HOLDINGS LIMITED→ 15154477 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ABI STUBBS NEXT GENERATION INVESTMENTS LTD→ 15903466 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ACQUEST PROPERTY MANAGEMENT LTD→ 05078960 · est 2004 · no financials extracted | — | — | — | — | 22y | — | — |
| AGRIJET HOLDINGS LIMITED→ 16080897 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AJ & FE PRIESTLEY (HOLDINGS) LIMITED→ 16662231 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ALEXANDRA MANAGEMENT SERVICES LIMITED→ 04163120 · est 2001 · no financials extracted | — | — | — | — | 25y | — | — |
| AMS BUILD GROUP LTD→ 14308069 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| AMY STUBBS NEXT GENERATION INVESTMENTS LTD→ 15903534 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
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
Incorporated2019-01-10
Jurisdictionengland-wales
Primary SIC98000 — Residents property management
Registered office
10 Grimsby Road
Louth
Lincolnshire
LN11 0DY
Filing status
Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-01-19
Last: 2026-01-05
Officers (2 active · 3 resigned)
SHERIDEN, Nigel Vernon→
Activedirector · ~70y · appointed 2024-02-15
View their other companies + combined net worth →
STEVENS, James→
Activedirector · ~51y · appointed 2024-03-25
View their other companies + combined net worth →
BYRNE, Hilary→
Resigneddirector · ~62y · appointed 2019-01-10 · resigned 2024-03-25
CRUICKSHANK, Rosemary Muriel→
Resigneddirector · ~83y · appointed 2019-01-10 · resigned 2026-01-07
FRANKLIN, Amanda Patricia→
Resigneddirector · ~65y · appointed 2019-01-10 · resigned 2024-02-15
Click a director name to see their full track record across all companies.
Recent filings (30 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-14
termination-director-company-with-name-termination-date
officers · TM01
2026-01-08
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-01-08
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-13
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-16
change-person-director-company-with-change-date
officers · CH01
2024-08-01
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-07-24
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-07-13
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-14
appoint-person-director-company-with-name-date
officers · AP01
2024-03-28
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-03-28
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-03-28
termination-director-company-with-name-termination-date
officers · TM01
2024-03-28
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-03-28
termination-director-company-with-name-termination-date
officers · TM01
2024-02-20