NORTON FOLGATE SOLICITORS LLP
💤Zombieactive
OC334982 · llp · incorporated 2008-02-21
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£205.2k
book net assets
Opportunity
73/100
Strong
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 73/100 (strong), bankability 80/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -95% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
1 live charge · oldest 1.5y
10/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Newest facility, 1.5 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
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, no SIC, incorporation date
80
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 4 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
61 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £205,172
Cash draining
Cash down 95% YoY
Cash YoY
-95%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£2k
↓ 95% YoY
Net Worth
£205k
↑ 31% YoY
Current Assets
£456k
↑ 129% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £457.7k | £209.4k |
| Current assets | £455.8k | £199.1k |
| Cash | £2.1k | £42.0k |
| Debtors | £443.7k | £147.1k |
| Net assets | £205.2k | £157.2k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
1 signal 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
1
filing
- • 1 confirmation-statement
Last 90 days
2
filings
- • 1 confirmation-statement
- • 1 persons-with-significant-control
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (37 events)Click to expand
- 2026-05-27📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2026-05-18📄change-to-a-person-with-significant-control-limited-liability-partnershippersons-with-significant-control · LLPSC04
- 2025-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-06-09📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2024-12-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-04📄mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnershipmortgage · LLMR01
- 2024-12-02🔒Charge registered #1Lender: Hsbc UK Bank PLC
- 2024-06-11📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2023-12-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-06-12📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2022-12-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-06-07📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2021-12-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-06-08📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2021-01-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-05-27📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2019-12-23📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-05-28📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2019-02-28📍change-registered-office-address-limited-liability-partnership-with-date-old-address-new-addressaddress · LLAD01
- 2018-12-21📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-06-28📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-05-29📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2017-07-10📄change-to-a-person-with-significant-control-limited-liability-partnershippersons-with-significant-control · LLPSC04
- 2017-07-10📄change-person-member-limited-liability-partnership-with-name-change-dateofficers · LLCH01
- 2017-05-31📄confirmation-statement-with-updatesconfirmation-statement · LLCS01
- 2017-01-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-03-22➕KHAN, Atta Ullah appointedllp-designated-member
- 2016-03-22➖BUTT, Tajammal Nadeem resignedllp-designated-member
- 2009-10-14➖MIRZA, Aysha resignedllp-designated-member
- 2009-10-05➕BUTT, Tajammal Nadeem appointedllp-designated-member
- 2009-05-20➕MIRZA, Aysha appointedllp-designated-member
- 2008-03-06➕FAROOQ, Daud appointedllp-designated-member
- 2008-02-21🏢Company incorporatedAs NORTON FOLGATE SOLICITORS LLP
- 2008-02-21➕QA NOMINEES LIMITED appointedcorporate-llp-designated-member
- 2008-02-21➖QA NOMINEES LIMITED resignedcorporate-llp-designated-member
- 2008-02-21➕QA REGISTRARS LIMITED appointedcorporate-llp-designated-member
- 2008-02-21➖QA REGISTRARS LIMITED resignedcorporate-llp-designated-member
Owner dependency
50/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
Succession & seller-readiness
40/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryStable-but-static management: Company is 18 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Daud Farooq Individual · British · DOB 06/1969 · age 57 | — | 75–100% | 75-100% voting | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · same sector · E postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 3 M LOGISTICS LTD→ 15663816 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 3 ST MARY ROAD (FREEHOLD) LIMITED→ 14752540 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| 3 X LEAGUE LTD→ 13065126 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 35GIFTS LIMITED→ 16240866 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 35GRAMMMS LTD→ 16941418 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 360 DEEP CLEAN LTD→ 14594197 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| 360 SAFETY CHECKS LTD→ 16693628 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 365JPSELLER LTD→ 15511466 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 369 BUSINESS LIMITED→ 12992305 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 38-40 PEMBROKE RD E17 RTM COMPANY LIMITED→ 09024466 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| 39 GAINSBOROUGH DRIVE MANAGEMENT COMPANY LIMITED→ 14303574 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 3AELECTRONICS LTD→ 16248860 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
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
Typellp
Incorporated2008-02-21
Jurisdictionengland-wales
Primary SIC—
Registered office
Suite 20 East London Offices
80-84 St Mary Road
Walthamstow
London
E17 9RE
England
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-06-10
Last: 2026-05-27
Officers (2 active · 4 resigned)
FAROOQ, Daud→
Activellp-designated-member · ~57y · appointed 2008-03-06
View their other companies + combined net worth →
KHAN, Atta Ullah→
Activellp-designated-member · ~56y · appointed 2016-03-22
View their other companies + combined net worth →
BUTT, Tajammal Nadeem→
Resignedllp-designated-member · ~45y · appointed 2009-10-05 · resigned 2016-03-22
MIRZA, Aysha→
Resignedllp-designated-member · ~46y · appointed 2009-05-20 · resigned 2009-10-14
QA NOMINEES LIMITED→
Resignedcorporate-llp-designated-member · appointed 2008-02-21 · resigned 2008-02-21
QA REGISTRARS LIMITED→
Resignedcorporate-llp-designated-member · appointed 2008-02-21 · resigned 2008-02-21
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 02/12/2024 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (61 total)
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2026-05-27
change-to-a-person-with-significant-control-limited-liability-partnership
persons-with-significant-control · LLPSC04
2026-05-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-19
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2025-06-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-11
mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnership
mortgage · LLMR01
2024-12-04
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2024-06-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-06
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2023-06-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-14
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2022-06-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-12
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2021-06-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-01-14
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2020-05-27