NORTHBANK PROPERTY PARTNERSHIP LTD

🌿Early-stageactive
13449980 · ltd · incorporated 2021-06-10
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
🔒Estimated value
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Turnover
year to Jun 2025
Net worth
£3.98M
book net assets
Opportunity
72/100
Strong
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Property-backed borrower. Family succession underway — not a classic acquisition target.

Opportunity 72/100 (strong), bankability 75/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -64% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

2 live charges · oldest 2.7y

10/100
under pressure

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

  • · Newest facility, 2.7 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: high (81/100)

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
2 charges (2/2 with lender, 2/2 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
3 connected companies via shared directors
54
Filing history
17 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
72/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £3,977,437
Cash draining
Cash down 64% YoY
Cash YoY
-64%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£59k
↓ 64% YoY
Net Worth
£4.0m
↑ 7.4% YoY
Current Assets
£325k
↓ 69% YoY
Current Liabilities
£0£795k£1.6m£2.4m£3.2m£4.0mJun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-06-302024-06-30
Total assets£3.98M£4.70M
Current assets£324.7k£1.05M
Cash£58.8k£162.8k
Debtors£265.9k£891.2k
Net assets£3.98M£3.70M

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

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

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2026-01-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-10-27
    📄
    resolution
    resolution · RESOLUTIONS
  4. 2023-10-26
    📄
    capital-name-of-class-of-shares
    capital · SH08
  5. 2023-10-16
    📄
    capital-allotment-shares
    capital · SH01
  6. 2023-10-16
    📄
    capital-allotment-shares
    capital · SH01
  7. 2023-09-20
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  8. 2023-09-20
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  9. 2023-09-19
    🔒
    Charge registered #2
    Lender: Lloyds Bank PLC
  10. 2023-09-19
    🔒
    Charge registered #1
    Lender: Lloyds Bank PLC
  11. 2023-08-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2023-05-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2023-05-18
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  14. 2023-05-09
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  15. 2021-06-10
    🏢
    Company incorporated
    As NORTHBANK PROPERTY PARTNERSHIP LTD
  16. 2021-06-10
    CLAY, David Andrew appointed
    director
  17. 2021-06-10
    CLAY, Jill appointed
    director
  18. 2021-06-10
    📄
    incorporation-company
    incorporation · NEWINC

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.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Red flags

clean
No 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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr David Andrew Clay
Individual · British · DOB 01/1969 · age 57
75100%
75–100%75-100% shares · 75-100% voting10/06/2021
Mrs Jill Clay
Individual · British · DOB 03/1980 · age 46
sig. influencesignificant influence10/06/2021

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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2021-06-10
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Woodlands Grange Woodlands Lane
Bradley Stoke
Bristol
BS32 4JY
United Kingdom

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-06-23
Last: 2025-06-09

Officers (2 active · 0 resigned)

CLAY, David Andrew
director · ~57y · appointed 2021-06-10
View their other companies + combined net worth →
Active
CLAY, Jill
director · ~46y · appointed 2021-06-10
View their other companies + combined net worth →
Active

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Lloyds Banking Group
Lloyds Bank PLC
A registered charge1 property19/09/2023
outstanding
Lloyds Banking Group
Lloyds Bank PLC
A registered charge1 property19/09/2023
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (17 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-31
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-12
resolution
resolution · RESOLUTIONS
2023-10-27
capital-name-of-class-of-shares
capital · SH08
2023-10-26
capital-allotment-shares
capital · SH01
2023-10-16
capital-allotment-shares
capital · SH01
2023-10-16
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-09-20
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-09-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-02
confirmation-statement-with-updates
confirmation-statement · CS01
2023-06-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-18
gazette-filings-brought-up-to-date
gazette · DISS40
2023-05-18
gazette-notice-compulsory
gazette · GAZ1
2023-05-09