LP NORTH NINE LIMITED

⚰️Wound downdissolved
14778710 · ltd · incorporated 2023-04-04
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
54/100
Worth a look
🔔
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What this business does
Primary activity: Dispensing chemist in specialised stores
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 54/100 (worth a look), bankability 57/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (63/100).

🏦

Refinance opportunity

3 live charges · 3 lenders · oldest 3.0y

0/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Newest facility, 3.0 years old — likely still in initial term.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (61/100)

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
No iXBRL financials extracted
0
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
5 officers (3 active, 5 linked, 4 with DOB)
86
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
13 connected companies via shared directors
84
Filing history
19 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
54/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
20
Concerning — overdue filings or status flags present.
Acquirability
50
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

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 (29 events)Click to expand
  1. 2025-11-11
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2025-11-11
    🏁
    Company dissolved
  3. 2025-08-26
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2025-08-19
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2024-11-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2024-11-22
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  7. 2023-07-11
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  8. 2023-07-03
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  9. 2023-07-03
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2023-07-03
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2023-07-03
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  12. 2023-07-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2023-07-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2023-07-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2023-07-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2023-06-23
    EMBREY, Michael appointed
    secretary
  17. 2023-06-23
    EMBREY, Michael appointed
    director
  18. 2023-06-23
    WICKS, Noel James appointed
    director
  19. 2023-06-23
    HALL, Wendy Margaret resigned
    director
  20. 2023-06-23
    🔒
    Charge registered #3
    Lender: Unity Trust Bank PLC
  21. 2023-06-22
    MUSER, Dominik resigned
    director
  22. 2023-06-14
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  23. 2023-06-09
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  24. 2023-06-05
    🔒
    Charge registered #2
    Lender: Barclays Bank PLC, as Security Trustee for the Secured Parties (As Defined in the Instrument).
  25. 2023-06-05
    🔒
    Charge registered #1
    Lender: Aurelius Crocodile Limited
  26. 2023-04-04
    🏢
    Company incorporated
    As LP NORTH NINE LIMITED
  27. 2023-04-04
    HALL, Wendy Margaret appointed
    director
  28. 2023-04-04
    MUSER, Dominik appointed
    director
  29. 2023-04-04
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 high ·
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2025-11-11

Group structure

Web Alt Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Web Alt Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
LP NORTH NINE LIMITED
This company · 14778710

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Web Alt Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control23/06/2023
1 historic (ceased) PSC
  • Lloyds Pharmacy Limitedceased 23/06/2023· 75-100% shares · 75-100% voting · board control

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

9 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

Statusdissolved
Typeltd
Incorporated2023-04-04
Jurisdictionengland-wales
Primary SIC47730 — Dispensing chemist in specialised stores

Registered office

67 Chorley Road
Heath Charnock
Chorley
PR6 9JT
England

Filing status

Accounts
Next due:
Last made up to: 2024-02-28
Confirmation statement
Next due:
Last: 2025-04-03

Officers (0 active · 2 resigned)

EMBREY, Michael
secretary · appointed 2023-06-23
View their other companies + combined net worth →
Active
EMBREY, Michael
director · ~48y · appointed 2023-06-23
View their other companies + combined net worth →
Active
WICKS, Noel James
director · ~49y · appointed 2023-06-23
View their other companies + combined net worth →
Active
HALL, Wendy Margaret
director · ~56y · appointed 2023-04-04 · resigned 2023-06-23
Resigned
MUSER, Dominik
director · ~59y · appointed 2023-04-04 · resigned 2023-06-22
Resigned

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

Mortgages & charges

3
Total charges
3
Outstanding
3
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Unity Trust Bank
Unity Trust Bank PLC
A registered charge23/06/2023
outstanding
Barclays
Barclays Bank PLC, as Security Trustee for the Secured Parties (As Defined in the Instrument).
A registered charge1 property05/06/2023
outstanding
Aurelius Crocodile
Aurelius Crocodile Limited
A registered charge1 property05/06/2023
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (19 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2025-11-11
gazette-notice-voluntary
gazette · GAZ1(A)
2025-08-26
dissolution-application-strike-off-company
dissolution · DS01
2025-08-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-26
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-11-22
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-10
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-07-11
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2023-07-03
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-07-03
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-07-03
appoint-person-secretary-company-with-name-date
officers · AP03
2023-07-03
appoint-person-director-company-with-name-date
officers · AP01
2023-07-03
appoint-person-director-company-with-name-date
officers · AP01
2023-07-03
termination-director-company-with-name-termination-date
officers · TM01
2023-07-03