NORTHALLERTON BUSINESS NETWORK CIC
Opportunity 54/100 (worth a look), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (58/100).
Data confidence
Overall: low (54/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Recent activity
Corporate timeline (9 events)Click to expand
- 2023-08-29📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2023-08-29🏁Company dissolved
- 2023-06-13📄gazette-notice-voluntarygazette · GAZ1(A)
- 2023-06-06📄dissolution-application-strike-off-companydissolution · DS01
- 2023-05-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-07-26🏢Company incorporatedAs NORTHALLERTON BUSINESS NETWORK CIC
- 2021-07-26➕ROBERTS, Donna appointedsecretary
- 2021-07-26➕GURNEY, Jason Barry appointeddirector
- 2021-07-26📄incorporation-community-interest-companyincorporation · CICINC
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 5 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
1 high ·Company has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2023-08-29
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Jason Barry Gurney Individual · British · DOB 01/1970 · age 56 | — | 75–100% | board control75-100% voting · board control | 26/07/2021 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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8 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.
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Filing status
Officers (0 active · 0 resigned)
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