NICOBRAND LIMITED

📈Growthactive

NI033276 · ltd · incorporated 1997-11-19

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.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 6.5y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Dec 2024

Net worth

—

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: SIC 21200

Sector: Manufacturing

Investor take

Pursue

Strong opportunity: conservative operator with exceptional profile and bankable structure.

Opportunity 80/100 (exceptional), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (78/100).

🏦

Refinance opportunity

1 live charge · oldest 6.5y

95/100

ready

Refinance conversation should be productive — structure clean and timing right.

· Oldest live charge is 6.5 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 15/100 — clean.
· Profitable and stable/growing — lender coverage supportable.

Data confidence

Overall: medium (78/100)

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

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

14 officers (3 active, 14 linked, 11 with DOB)

Ownership & PSC

1 active PSC(s) of 2 total, 2 with control declared

Director network

Network not yet resolved

Filing history

114 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

🔒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

80/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102

Profitable

Profit before tax £27,293,366

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2024-12-31	2023-12-31
Profit before tax	£27.29M	£10.46M
Average employees	6500	4900

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

🔒Filing-note intelligence

3 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

filings

Last 90 days

filings

Last 180 days

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (42 events)Click to expand

2025-07-03
📄
accounts-with-accounts-type-full
accounts · AA
2024-05-09
📄
accounts-with-accounts-type-full
accounts · AA
2023-06-01
📄
accounts-with-accounts-type-full
accounts · AA
2022-04-12
📄
accounts-with-accounts-type-full
accounts · AA
2021-03-08
📄
accounts-with-accounts-type-full
accounts · AA
2020-03-02
📄
accounts-with-accounts-type-full
accounts · AA
2019-11-20
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2019-11-19
🔒
Charge registered #1
Lender: The Governor and Company of the Bank of Ireland (As Security Trustee)
2019-09-09
📄
change-person-director-company-with-change-date
officers · CH01
2019-07-30
➖
COOPER, Dean Michael resigned
director
2019-07-30
📄
termination-director-company-with-name-termination-date
officers · TM01
2019-07-29
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2019-07-29
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2019-03-15
📄
accounts-with-accounts-type-full
accounts · AA
2018-09-25
📄
accounts-with-accounts-type-full
accounts · AA
2018-07-20
📄
termination-director-company-with-name-termination-date
officers · TM01
2018-07-13
📄
appoint-person-director-company-with-name-date
officers · AP01
2018-07-12
➕
COOPER, Dean Michael appointed
director
2018-06-27
➖
WILLIAMS, Robert resigned
director
2017-03-13
➕
PINSENT MASONS SECRETARIAL LIMITED appointed
corporate-secretary
2017-03-13
➖
PINSENT MASONS SECRETARIAL LIMITED resigned
corporate-secretary
2016-08-02
➖
STEWART, Robert resigned
director
2016-08-02
➕
WILLIAMS, Robert appointed
director
2016-01-19
➕
BOYD, Helen Doreen appointed
secretary
2016-01-19
➖
BUCHEN, David resigned
secretary
2016-01-19
➖
BUCHEN, David Adam resigned
director
2014-03-31
➖
MORROD, Ronald Jeffrey resigned
director
2011-09-06
➕
MORROD, Ronald Jeffrey appointed
director
2011-08-30
➖
BISARO, Paul Mino resigned
director
2011-08-30
➖
HUMPHREY, John Alexander resigned
director
2011-08-30
➕
STEWART, Robert appointed
director
2011-08-26
➕
BOYD, Helen Doreen appointed
director
2011-08-26
➕
MCQUILLAN, Mark appointed
director
2008-01-01
➕
BISARO, Paul Mino appointed
director
2008-01-01
➖
CHAO (DR), Allen resigned
director
2002-08-16
➖
LAWRENCE, David resigned
director
2002-05-10
➕
BUCHEN, David Adam appointed
director
1998-07-10
➕
CHAO (DR), Allen appointed
director
1998-07-10
➕
LAWRENCE, David appointed
director
1997-11-19
🏢
Company incorporated
As NICOBRAND LIMITED
1997-11-19
➕
BUCHEN, David appointed
secretary
1997-11-19
➕
HUMPHREY, John Alexander appointed
director

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.
+Senior director age: Director aged approximately 58 — approaching natural succession window.

Succession & seller-readiness

69/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
secondary12+ year tenure: Director in role 15 years.
secondaryStable-but-static management: Company is 29 years old and no new directors in the last 3 years — succession not yet being planned internally.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Contraf -Nicotex-Tobacco Gmbh is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Contraf -Nicotex-Tobacco Gmbh

Corporate parent · holds 75-100% shares · board control

ultimate parent

⬇

NICOBRAND LIMITED

This company · NI033276

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%

Name	Shares	Voting rights	Nature of control	Notified
Contraf -Nicotex-Tobacco Gmbh Corporate entity	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	01/07/2019

1 historic (ceased) PSC

Teva Pharmaceutical Industries Limitedceased 28/06/2019· 75-100% shares · 75-100% voting · board control · firm interest

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Manufacturing · BT postcode area

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CONEXPO (NI) LIMITED→ NI025270 · est 1991	£30.52M £23.74M–£37.30M	£38.91M	—	4200	35y	85	81y
METAL TECHNOLOGY LIMITED→ NI018949 · est 1985	£19.88M £15.46M–£24.30M	—	—	8100	40y	84	82y
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JAMES F MCCUE LIMITED→ NI005090 · est 1961	£11.70M £9.10M–£14.30M	£44.45M	—	13200	64y	88	65y
WARMFLOW ENGINEERING CO.LIMITED→ NI016292 · est 1982	£10.72M £8.34M–£13.10M	£20.29M	—	8300	43y	84	60y
MOYOLA PRECISION ENGINEERING LIMITED→ NI011104 · est 1976	£9.10M £7.08M–£11.12M	£25.33M	—	14500	50y	93	61y
GRAY & ADAMS (IRELAND) LIMITED→ NI015858 · est 1982	£8.63M £6.71M–£10.54M	—	—	69	43y	87	71y
ATC SYSTEMS LIMITED→ NI035553 · est 1999	£8.25M £6.41M–£10.08M	£8.09M	—	6900	27y	84	63y
CROSSLAND TANKERS LIMITED→ NI018916 · est 1985	£7.56M £5.88M–£9.24M	£23.91M	—	13200	40y	87	67y
BLK BOX FITNESS LIMITED→ NI611745 · est 2012	£6.75M £5.25M–£8.25M	£19.58M	—	10400	14y	84	63y
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Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

6 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

Incorporated1997-11-19

Jurisdictionnorthern-ireland

Primary SIC21200 — SIC 21200

Registered office

189 Castleroe Road

Coleraine

County Londonderry

Northern Ireland

BT51 3RP

Northern Ireland

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2026-12-01

Last: 2025-11-17

Officers (3 active · 11 resigned)

BOYD, Helen Doreen→

secretary · appointed 2016-01-19

View their other companies + combined net worth →

Active

BOYD, Helen Doreen→

director · ~58y · appointed 2011-08-26

View their other companies + combined net worth →

Active

MCQUILLAN, Mark→

director · ~50y · appointed 2011-08-26

View their other companies + combined net worth →

Active

BUCHEN, David→

secretary · appointed 1997-11-19 · resigned 2016-01-19

Resigned

PINSENT MASONS SECRETARIAL LIMITED→

corporate-secretary · appointed 2017-03-13 · resigned 2017-03-13

Resigned

BISARO, Paul Mino→

director · ~65y · appointed 2008-01-01 · resigned 2011-08-30

Resigned

BUCHEN, David Adam→

director · ~62y · appointed 2002-05-10 · resigned 2016-01-19

Resigned

CHAO (DR), Allen→

director · ~81y · appointed 1998-07-10 · resigned 2008-01-01

Resigned

COOPER, Dean Michael→

director · ~54y · appointed 2018-07-12 · resigned 2019-07-30

Resigned

HUMPHREY, John Alexander→

director · ~82y · appointed 1997-11-19 · resigned 2011-08-30

Resigned

LAWRENCE, David→

director · ~72y · appointed 1998-07-10 · resigned 2002-08-16

Resigned

MORROD, Ronald Jeffrey→

director · ~69y · appointed 2011-09-06 · resigned 2014-03-31

Resigned

STEWART, Robert→

director · ~59y · appointed 2011-08-30 · resigned 2016-08-02

Resigned

WILLIAMS, Robert→

director · ~60y · appointed 2016-08-02 · resigned 2018-06-27

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:1 of 1 shown

			Type	Properties
	outstanding	The Governor and Company of the Bank of Ireland (As Security Trustee)	A registered charge	—	19/11/2019	—

Click column headers to sort. Use filters above to narrow by status and lender.