BRIGHTER PATHWAYS NORTH EAST CIC
Opportunity 67/100 (strong), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. 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: share sale to pe / searcher (65/100).
Data confidence
Overall: low (49/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Recent activity
- • 1 gazette
- • 1 gazette
Corporate timeline (10 events)Click to expand
- 2026-05-26📄gazette-notice-compulsorygazette · GAZ1
- 2025-08-18📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-08-15➖STEWART, Brian Edwin resigneddirector
- 2025-02-10🏢Company incorporatedAs BRIGHTER PATHWAYS NORTH EAST CIC
- 2025-02-10➕MCQUEEN, Patricia appointeddirector
- 2025-02-10➕MITCHELL, Christine appointeddirector
- 2025-02-10➕SIMPSON, Mark Anthony appointeddirector
- 2025-02-10➕UGHABUGO, Chima Augustus appointeddirector
- 2025-02-10➕STEWART, Brian Edwin appointeddirector
- 2025-02-10📄incorporation-community-interest-companyincorporation · CICINC
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Founder age: Director aged approximately 65 — succession pressure is live.
- +Young company: Only 1.4 years old — management layer unlikely to be developed.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
Red flags
1 high ·Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2026-02-23
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Officers (4 active · 1 resigned)
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