24 NOV LTD
- 68209Other letting and operating of own or leased real estate
Opportunity 71/100 (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: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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 →Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-08-31 | 2024-08-31 |
|---|---|---|
| Total assets | £17.8k | £-11.3k |
| Current assets | £45.0k | £7.7k |
| Net assets | £17.8k | £-11.3k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
1 signal 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
- • 1 accounts
- • 1 accounts
- • 1 confirmation-statement
- • 1 accounts
- • 1 confirmation-statement
Corporate timeline (9 events)Click to expand
- 2026-04-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-04-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-05-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-05-02📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-03-08✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2022-04-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-08-05🏢Company incorporatedAs 24 NOV LTD
- 2020-08-05➕NOVAKOVIC, Luke appointeddirector
- 2020-08-05📄incorporation-companyincorporation · NEWINC
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Luke Novakovic Individual · British · DOB 11/1988 · age 38 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 05/08/2020 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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| 14 RAYS INVESTMENTS LIMITED→ 11003862 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
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| 1ST CHOICE PROPERTIES (MILTON KEYNES) LIMITED→ 09306317 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
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| 22 HIGH STREET (ARR) LTD→ 14445143 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
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| 247 PROPERTIES LTD→ 12150695 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| 2NINE INVESTMENTS LTD→ 15072124 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 2PM MANAGEMENT LIMITED→ 08431080 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
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 →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
Registered office
Filing status
Officers (1 active · 0 resigned)
Click a director name to see their full track record across all companies.