NORTHERN COUNTIES LLP
💤Zombieactive
OC340977 · llp · incorporated 2008-10-22
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
—
book net assets
Opportunity
70/100
Strong
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 70/100 (strong), bankability 85/100. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
1 live charge · oldest 17.2y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 17.2 years old — likely at or near maturity.
- · 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
7 officers (2 active, 7 linked, 4 with DOB)
81
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
Network not yet resolved
30
Filing history
70 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
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
77
Few red flags.
Signal strength
90
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
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 | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Average employees | 16 | 1900 |
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
0
filings
Last 90 days
2
filings
- • 2 officers
Last 180 days
9
filings
- • 5 officers
- • 4 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (40 events)Click to expand
- 2026-03-11➕JENSTEN INSURANCE BROKERS LIMITED appointedcorporate-llp-designated-member
- 2026-03-11📄appoint-corporate-member-limited-liability-partnership-with-appointment-dateofficers · LLAP02
- 2026-03-06📄termination-member-limited-liability-partnership-with-name-termination-dateofficers · LLTM01
- 2026-02-12📄termination-member-limited-liability-partnership-with-name-termination-dateofficers · LLTM01
- 2026-02-12📄termination-member-limited-liability-partnership-with-name-termination-dateofficers · LLTM01
- 2026-02-12📄appoint-corporate-member-limited-liability-partnership-with-appointment-dateofficers · LLAP02
- 2026-02-12📄cessation-of-a-person-with-significant-control-limited-liability-partnershippersons-with-significant-control · LLPSC07
- 2026-02-12📄cessation-of-a-person-with-significant-control-limited-liability-partnershippersons-with-significant-control · LLPSC07
- 2026-02-12📄cessation-of-a-person-with-significant-control-limited-liability-partnershippersons-with-significant-control · LLPSC07
- 2026-02-12📄notification-of-a-person-with-significant-control-limited-liability-partnershippersons-with-significant-control · LLPSC02
- 2026-02-02➕JENSTEN GROUP LIMITED appointedcorporate-llp-designated-member
- 2026-02-02➖BELGIAN, Philip resignedllp-designated-member
- 2026-02-02➖NORTHERN COUNTIES GUARANTEE CORPORATION LIMITED resignedcorporate-llp-designated-member
- 2026-02-02➖BELGIAN, Carole resignedllp-member
- 2025-10-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-09-10📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2025-07-29📄change-to-a-person-with-significant-control-limited-liability-partnershippersons-with-significant-control · LLPSC05
- 2025-07-29📄change-to-a-person-with-significant-control-limited-liability-partnershippersons-with-significant-control · LLPSC04
- 2025-07-29📄change-to-a-person-with-significant-control-limited-liability-partnershippersons-with-significant-control · LLPSC04
- 2025-07-29📄notification-of-a-person-with-significant-control-limited-liability-partnershippersons-with-significant-control · LLPSC02
- 2025-07-29📄notification-of-a-person-with-significant-control-limited-liability-partnershippersons-with-significant-control · LLPSC01
- 2025-07-29📄notification-of-a-person-with-significant-control-limited-liability-partnershippersons-with-significant-control · LLPSC01
- 2025-07-29📄withdrawal-of-a-person-with-significant-control-statement-limited-liability-partnershippersons-with-significant-control · LLPSC09
- 2024-12-18📄termination-member-limited-liability-partnership-with-name-termination-dateofficers · LLTM01
- 2024-11-15➖BELGIAN, David James resignedllp-designated-member
- 2024-10-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-09-11📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2024-05-07📄change-person-member-limited-liability-partnership-with-name-change-dateofficers · LLCH01
- 2023-11-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-10-02📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2023-01-27📄accounts-amended-with-accounts-type-total-exemption-fullaccounts · AAMD
- 2020-12-14🔓Charge satisfied #1
- 2009-04-03🔒Charge registered #1Lender: Hsbc Bank PLC
- 2009-03-31➕NORTHERN COUNTIES GUARANTEE CORPORATION LIMITED appointedcorporate-llp-designated-member
- 2008-12-16➖BELGIAN COOPER, Helen resignedllp-designated-member
- 2008-10-22🏢Company incorporatedAs NORTHERN COUNTIES LLP
- 2008-10-22➕BELGIAN, David James appointedllp-designated-member
- 2008-10-22➕BELGIAN, Philip appointedllp-designated-member
- 2008-10-22➕BELGIAN COOPER, Helen appointedllp-designated-member
- 2008-10-22➕BELGIAN, Carole appointedllp-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
30/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
Red flags
1 med ·3 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: BELGIAN, Philip resigned 2026-02-02; NORTHERN COUNTIES GUARANTEE CORPORATION LIMITED resigned 2026-02-02; BELGIAN, Carole resigned 2026-02-02
Group structure
Jensten Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️
Jensten Group Limited
Corporate parent
⬇
NORTHERN COUNTIES LLP
This company · OC340977
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 |
|---|---|---|---|---|
Jensten Group Limited Corporate entity | — | 75–100% | 75-100% voting | 02/02/2026 |
3 historic (ceased) PSCs
- Mr Philip Belgianceased 02/02/2026· 25-50% voting
- Mrs Carole Belgianceased 02/02/2026· 25-50% voting
- Northern Counties Guarantee Corporation Limitedceased 02/02/2026· 25-50% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · same sector · NE postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1 GRAND PARADE MANAGEMENT LIMITED→ 05554944 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| 13 HALDANE TERRACE JESMOND LIMITED→ 03862847 · est 1999 · no financials extracted | — | — | — | — | 26y | — | — |
| 166 CAMBRIDGE STREET MANAGEMENT COMPANY LIMITED→ 13566089 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 1734 GROUP LTD→ 13424449 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 174 BISHOPS ROAD LTD→ 10987819 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| 183 LOUNGE LTD→ 16697184 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 1931 MC LIMITED→ 15705587 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 1998 LTD→ 15319961 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 1ST GENERATION FITNESS LTD→ 15395679 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 1V1 LONDON LTD→ 17081675 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 2 ASHLEIGH GROVE MANAGEMENT COMPANY LIMITED→ 02951108 · est 1994 · no financials extracted | — | — | — | — | 31y | — | — |
| 2 BURDON TERRACE LIMITED→ 02728536 · est 1992 · no financials extracted | — | — | — | — | 33y | — | — |
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
Incorporated2008-10-22
Jurisdictionengland-wales
Primary SIC—
Registered office
Nci House Lowerys Lane
Low Fell
Gateshead
Tyne And Wear
NE9 5JB
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-09-24
Last: 2025-09-10
Officers (2 active · 5 resigned)
JENSTEN GROUP LIMITED→
Activecorporate-llp-designated-member · appointed 2026-02-02
View their other companies + combined net worth →
JENSTEN INSURANCE BROKERS LIMITED→
Activecorporate-llp-designated-member · appointed 2026-03-11
View their other companies + combined net worth →
BELGIAN, David James→
Resignedllp-designated-member · ~75y · appointed 2008-10-22 · resigned 2024-11-15
BELGIAN, Philip→
Resignedllp-designated-member · ~51y · appointed 2008-10-22 · resigned 2026-02-02
BELGIAN COOPER, Helen→
Resignedllp-designated-member · ~53y · appointed 2008-10-22 · resigned 2008-12-16
NORTHERN COUNTIES GUARANTEE CORPORATION LIMITED→
Resignedcorporate-llp-designated-member · appointed 2009-03-31 · resigned 2026-02-02
BELGIAN, Carole→
Resignedllp-member · ~74y · appointed 2008-10-22 · resigned 2026-02-02
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | HSBC Hsbc Bank PLC | Debenture | 1 property | 03/04/2009 | 14/12/2020 |
Recent filings (70 total)
appoint-corporate-member-limited-liability-partnership-with-appointment-date
officers · LLAP02
2026-03-11
termination-member-limited-liability-partnership-with-name-termination-date
officers · LLTM01
2026-03-06
termination-member-limited-liability-partnership-with-name-termination-date
officers · LLTM01
2026-02-12
termination-member-limited-liability-partnership-with-name-termination-date
officers · LLTM01
2026-02-12
appoint-corporate-member-limited-liability-partnership-with-appointment-date
officers · LLAP02
2026-02-12
cessation-of-a-person-with-significant-control-limited-liability-partnership
persons-with-significant-control · LLPSC07
2026-02-12
cessation-of-a-person-with-significant-control-limited-liability-partnership
persons-with-significant-control · LLPSC07
2026-02-12
cessation-of-a-person-with-significant-control-limited-liability-partnership
persons-with-significant-control · LLPSC07
2026-02-12
notification-of-a-person-with-significant-control-limited-liability-partnership
persons-with-significant-control · LLPSC02
2026-02-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-14
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2025-09-10
change-to-a-person-with-significant-control-limited-liability-partnership
persons-with-significant-control · LLPSC05
2025-07-29
change-to-a-person-with-significant-control-limited-liability-partnership
persons-with-significant-control · LLPSC04
2025-07-29
change-to-a-person-with-significant-control-limited-liability-partnership
persons-with-significant-control · LLPSC04
2025-07-29
notification-of-a-person-with-significant-control-limited-liability-partnership
persons-with-significant-control · LLPSC02
2025-07-29