BORTHWICK PROPERTY (NE) LLP
💤Zombieactive
OC441828 · llp · incorporated 2022-04-06
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 acceptable with review structure.
Opportunity 70/100 (strong), bankability 62/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
3 live charges · 3 lenders · oldest 2.2y
0/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Newest facility, 2.2 years old — likely still in initial term.
- · 3 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (77/100)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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
12 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
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
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 | 2 | 200 |
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
1
filing
- • 1 confirmation-statement
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
- 2026-05-20📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2026-03-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2026-01-07📄mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnershipmortgage · LLMR01
- 2026-01-07🔒Charge registered #3Lender: Quantum Mortgages Limited
- 2025-05-12📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2025-03-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-01-29📄change-account-reference-date-limited-liability-partnership-previous-shortenedaccounts · LLAA01
- 2024-08-22📄mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnershipmortgage · LLMR01
- 2024-08-09🔒Charge registered #2Lender: The Cleveland Dwellings Limited
- 2024-06-07📄mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnershipmortgage · LLMR01
- 2024-05-22🔒Charge registered #1Lender: Hothi Group Limited
- 2024-05-16📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2024-02-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-06-01📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2022-04-06🏢Company incorporatedAs BORTHWICK PROPERTY (NE) LLP
- 2022-04-06➕BORTHWICK, Jamie appointedllp-designated-member
- 2022-04-06➕BORTHWICK, Sarah Jane appointedllp-designated-member
- 2022-04-06📄incorporation-limited-liability-partnershipincorporation · LLIN01
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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Jamie Borthwick Individual · British · DOB 10/1980 · age 46 | — | 25–50% | 25-50% voting | 06/04/2022 |
Mrs Sarah Jane Borthwick Individual · British · DOB 08/1980 · age 46 | — | 25–50% | 25-50% voting | 06/04/2022 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
| 52B.CONSULTING LIMITED→ 09777263 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| AASE LTD→ 16305777 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AB JOINERY SOLUTIONS LTD→ 15615279 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ABUALI LTD→ 16649315 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AC SCAFFOLDING SERVICES LIMITED→ 15752953 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AC SURVEYS LTD→ 06857671 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
| ACCERON INDUSTRIES LTD→ 12284958 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ACCURATE WINDOWS & DOORS LTD→ 11419588 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ACE CONCRETE FLOORING SOLUTIONS LTD→ 12180117 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ACORN SNAGGING LIMITED→ 16471051 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ADADONIS LTD→ 14993949 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ADAM ELECTRICS TEESSIDE LTD→ 16816259 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated2022-04-06
Jurisdictionengland-wales
Primary SIC—
Registered office
Unit 15a Prospect Way
Parkview Industrial Estate
Hartlepool
TS25 1UD
United Kingdom
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-19
Last: 2026-04-05
Officers (2 active · 0 resigned)
BORTHWICK, Jamie→
Activellp-designated-member · ~46y · appointed 2022-04-06
View their other companies + combined net worth →
BORTHWICK, Sarah Jane→
Activellp-designated-member · ~46y · appointed 2022-04-06
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
3
Outstanding
3
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Quantum Mortgages Quantum Mortgages Limited | A registered charge | 1 property | 07/01/2026 | — | |
| outstanding | The Cleveland Dwellings The Cleveland Dwellings Limited | A registered charge | 1 property | 09/08/2024 | — | |
| outstanding | Hothi Group Hothi Group Limited | A registered charge | 1 property | 22/05/2024 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (12 total)
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2026-05-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-31
mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnership
mortgage · LLMR01
2026-01-07
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2025-05-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-25
change-account-reference-date-limited-liability-partnership-previous-shortened
accounts · LLAA01
2025-01-29
mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnership
mortgage · LLMR01
2024-08-22
mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnership
mortgage · LLMR01
2024-06-07
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2024-05-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-07
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2023-06-01
incorporation-limited-liability-partnership
incorporation · LLIN01
2022-04-06