10 NORTHFIELD ROAD LTD

💤Zombieactive
12662091 · ltd · incorporated 2020-06-11
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Jun 2024
Net worth
book net assets
Opportunity
68/100
Strong
🔔
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
ALSO REGISTERED FOR
  • 68209Other letting and operating of own or leased real estate
Investor take
Pass (distressed without resilience)
Distressed property-backed borrower — structural issues outweigh the discount.

Opportunity 68/100 (strong), bankability 60/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (53/100).

🏦

Refinance opportunity

1 live charge · oldest 5.5y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 5.5 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (83/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 2 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
1 officers (1 active, 1 linked, 1 with DOB)
90
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
19 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
68/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
50
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
-£136k-£108k-£80k-£52k-£24k£4kJun 2023Jun 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-06-302023-06-30
Total assets£831.1k
Current assets£4.1k
Cash£4.1k
Net assets£-135.8k

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 (17 events)Click to expand
  1. 2025-09-03
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  2. 2025-09-02
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  3. 2025-04-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-06-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2024-06-10
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2024-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2024-03-29
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  8. 2023-06-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2023-03-24
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  10. 2022-03-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-11-03
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  12. 2021-11-02
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  13. 2020-10-23
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  14. 2020-10-22
    🔒
    Charge registered #1
    Lender: Aldermore Bank PLC
  15. 2020-06-11
    🏢
    Company incorporated
    As 10 NORTHFIELD ROAD LTD
  16. 2020-06-11
    GOLDMAN, Aron appointed
    director
  17. 2020-06-11
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

95/100
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.
  • +No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

65/100
Strong succession signal

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

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.

Red flags

1 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-03-31

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Aron Goldman
Individual · British · DOB 08/1957 · age 69
75100%
75–100%board control75-100% shares · 75-100% voting · board control11/06/2020

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

Statusactive
Typeltd
Incorporated2020-06-11
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate

Registered office

98 Darenth Road
London
N16 6ED
United Kingdom

Filing status

Accounts
Next due: 2026-03-31OVERDUE
Last made up to: 2024-06-30
Confirmation statement
Next due: 2026-06-24
Last: 2025-06-10

Officers (1 active · 0 resigned)

GOLDMAN, Aron
director · ~69y · appointed 2020-06-11
View their other companies + combined net worth →
Active

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
TypeProperties
outstanding
Aldermore
Aldermore Bank PLC
A registered charge1 property22/10/2020
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (19 total)

gazette-filings-brought-up-to-date
gazette · DISS40
2025-09-03
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-02
gazette-notice-compulsory
gazette · GAZ1
2025-09-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-10
change-person-director-company-with-change-date
officers · CH01
2024-06-10
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-06-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-31
change-account-reference-date-company-previous-extended
accounts · AA01
2024-03-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-20
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-03-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-06
gazette-filings-brought-up-to-date
gazette · DISS40
2021-11-03