SPORTSWORLD (NORTH EAST) LIMITED

🌳Matureactive
SC126662 · ltd · incorporated 1990-08-09
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 31.5y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Feb 2025
Net worth
—
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Retail sale of footwear in specialised stores
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 47789Other retail sale of new goods in specialised stores (other than commercial art galleries and opticians)
Investor take
Pursue
Active trading company with a 83-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (63/100, director aged 83). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 31.5y

85/100
ready

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

  • · Oldest live charge is 31.5 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

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, 2 SIC codes, incorporation date
100
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
10 officers (4 active, 10 linked, 5 with DOB)
80
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
95 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Feb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-02-282024-02-29
Average employees500700

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (34 events)Click to expand
  1. 2025-05-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-07-15
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  3. 2024-07-15
    🔓
    Charge satisfied #1
  4. 2024-06-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-09-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-12-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2022-12-12
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  8. 2022-07-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2021-05-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2020-07-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2019-06-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2018-07-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2017-08-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2017-03-09
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2017-03-01
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2016-08-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2003-02-12
    ➕
    HODGSON, Nicola Joyce appointed
    secretary
  18. 2003-02-12
    ➕
    HODGSON, Nicola Joyce appointed
    director
  19. 2003-02-12
    ➖
    HODGSON, Thomas Daniel resigned
    secretary
  20. 1994-10-27
    🔒
    Charge registered #1
    Lender: Lloyds Bank PLC
  21. 1993-10-06
    ➕
    HODGSON, Thomas Daniel appointed
    secretary
  22. 1993-10-06
    ➖
    MURRAY, Ronald resigned
    secretary
  23. 1993-04-07
    ➖
    MILLAR, Ian Gilroy resigned
    director
  24. 1993-04-07
    ➖
    MURRAY, Ronald resigned
    director
  25. 1990-08-09
    🏢
    Company incorporated
    As SPORTSWORLD (NORTH EAST) LIMITED
  26. 1990-08-09
    ➕
    HODGSON, John Andrew appointed
    director
  27. 1990-08-09
    ➕
    HODGSON, Thomas Daniel appointed
    director
  28. 1990-08-09
    ➕
    MURRAY, Ronald appointed
    secretary
  29. 1990-08-09
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  30. 1990-08-09
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  31. 1990-08-09
    ➕
    MILLAR, Ian Gilroy appointed
    director
  32. 1990-08-09
    ➕
    MURRAY, Ronald appointed
    director
  33. 1990-08-09
    ➕
    JORDANS (SCOTLAND) LIMITED appointed
    corporate-nominee-director
  34. 1990-08-09
    ➖
    JORDANS (SCOTLAND) LIMITED resigned
    corporate-nominee-director

Owner dependency

83/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Long-tenure founder: Senior director has been in place 36 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 83 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

90/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 83 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 36 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 36 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.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr John Andrew Hodgson
Individual · British · DOB 12/1964 · age 62
75–100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016
1 historic (ceased) PSC
  • Mr Thomas Daniel Hodgsonceased 18/11/2022· 25-50% shares · 25-50% voting

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

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——035y8577y
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————23y8358y
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 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
Incorporated1990-08-09
Jurisdictionscotland
Primary SIC47721 — Retail sale of footwear in specialised stores

Registered office

8 St Ann's Place
Haddington
East Lothian
EH41 4BS
United Kingdom

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-08-23
Last: 2025-08-09

Officers (4 active · 6 resigned)

HODGSON, Nicola Joyce→
secretary · appointed 2003-02-12
View their other companies + combined net worth →
Active
HODGSON, John Andrew→
director · ~62y · appointed 1990-08-09
View their other companies + combined net worth →
Active
HODGSON, Nicola Joyce→
director · ~59y · appointed 2003-02-12
View their other companies + combined net worth →
Active
HODGSON, Thomas Daniel→
director · ~83y · appointed 1990-08-09
View their other companies + combined net worth →
Active
HODGSON, Thomas Daniel→
secretary · appointed 1993-10-06 · resigned 2003-02-12
Resigned
MURRAY, Ronald→
secretary · appointed 1990-08-09 · resigned 1993-10-06
Resigned
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 1990-08-09 · resigned 1990-08-09
Resigned
MILLAR, Ian Gilroy→
director · ~67y · appointed 1990-08-09 · resigned 1993-04-07
Resigned
MURRAY, Ronald→
director · ~80y · appointed 1990-08-09 · resigned 1993-04-07
Resigned
JORDANS (SCOTLAND) LIMITED→
corporate-nominee-director · appointed 1990-08-09 · resigned 1990-08-09
Resigned

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
TypeProperties
satisfied
Lloyds Banking Group
Lloyds Bank PLC
Floating charge1 property27/10/199415/07/2024

Recent filings (95 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-18
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-13
mortgage-satisfy-charge-full
mortgage · MR04
2024-07-15
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-12
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-05
confirmation-statement-with-updates
confirmation-statement · CS01
2023-08-15
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-12-12
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-12-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-15
accounts-with-accounts-type-micro-entity
accounts · AA
2022-07-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-11
accounts-with-accounts-type-micro-entity
accounts · AA
2021-05-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-08-13
accounts-with-accounts-type-micro-entity
accounts · AA
2020-07-29