NORTHERN BRANDS LIMITED

🌿Early-stageactive
14905630 · ltd · incorporated 2023-05-31
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2024
Net worth
book net assets
Opportunity
59/100
Worth a look
🔔
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What this business does
Primary activity: Retail sale of clothing in specialised stores
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 59/100 (worth a look), bankability 60/100. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: strategic trade sale (63/100).

Data confidence

Overall: medium (76/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
5 officers (4 active, 5 linked, 5 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
18 connected companies via shared directors
90
Filing history
24 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
59/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
50
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
59
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 101
Metric2024-03-31
Average employees100

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
2
filings
  • 2 officers
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2026-01-31
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2026-01-23
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-12-04
    📄
    accounts-with-accounts-type-small
    accounts · AA
  4. 2025-05-27
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2025-05-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2025-05-09
    SHAH, Bhavesh Dinesh appointed
    director
  7. 2025-05-09
    SEREGI, Roland Tamas resigned
    director
  8. 2025-05-09
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2025-04-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2025-04-08
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2025-02-02
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  12. 2025-02-02
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  13. 2025-01-27
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  14. 2025-01-24
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  15. 2024-06-27
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2024-06-27
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2024-06-27
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  18. 2024-06-09
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  19. 2024-06-09
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  20. 2024-06-04
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  21. 2024-06-04
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  22. 2024-06-04
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  23. 2024-04-05
    BALLARI, Sagarkumar Satyanarayan appointed
    director
  24. 2024-04-05
    KANOI, Abhishekh appointed
    director
  25. 2024-04-05
    SEREGI, Roland Tamas appointed
    director
  26. 2023-05-31
    🏢
    Company incorporated
    As NORTHERN BRANDS LIMITED
  27. 2023-05-31
    PICKLES, Alexandra appointed
    director
  28. 2023-05-31
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  29. 2023-05-31
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

40/100
Moderate — manageable with handover

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

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.

Succession & seller-readiness

30/100
Weak signal

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

Red flags

1 high · 1 med ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-06-13

Name changed recently
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2025-01-24: certificate-change-of-name-company

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mrs Payel Seth
Individual · Indian · DOB 05/1958 · age 68
75100%
75–100%75-100% shares · 75-100% voting24/01/2025
2 historic (ceased) PSCs
  • Spring Design London Limitedceased 24/01/2025· 75-100% shares · 75-100% voting · board control
  • Ms Alexandra Picklesceased 05/04/2024· 50-75% shares · 50-75% 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

8 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
Incorporated2023-05-31
Jurisdictionengland-wales
Primary SIC47710 — Retail sale of clothing in specialised stores

Registered office

Quadrant House, Floor 6
Thomas More Square
London
E1W 1YW
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-06-13OVERDUE
Last: 2025-05-30

Officers (4 active · 1 resigned)

BALLARI, Sagarkumar Satyanarayan
director · ~40y · appointed 2024-04-05
View their other companies + combined net worth →
Active
KANOI, Abhishekh
director · ~43y · appointed 2024-04-05
View their other companies + combined net worth →
Active
PICKLES, Alexandra
director · ~44y · appointed 2023-05-31
View their other companies + combined net worth →
Active
SHAH, Bhavesh Dinesh
director · ~44y · appointed 2025-05-09
View their other companies + combined net worth →
Active
SEREGI, Roland Tamas
director · ~39y · appointed 2024-04-05 · resigned 2025-05-09
Resigned

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

Recent filings (24 total)

change-person-director-company-with-change-date
officers · CH01
2026-01-31
change-person-director-company-with-change-date
officers · CH01
2026-01-23
accounts-with-accounts-type-small
accounts · AA
2025-12-04
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-04
change-person-director-company-with-change-date
officers · CH01
2025-05-27
termination-director-company-with-name-termination-date
officers · TM01
2025-05-12
appoint-person-director-company-with-name-date
officers · AP01
2025-05-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-15
change-person-director-company-with-change-date
officers · CH01
2025-04-08
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-02-02
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-02-02
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-01-27
certificate-change-of-name-company
change-of-name · CERTNM
2025-01-24
change-person-director-company-with-change-date
officers · CH01
2024-06-27
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-06-27