SWORD (NURSERY) LIMITED
Opportunity 74/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (58/100).
Refinance opportunity
4 live charges · 2 lenders · oldest 28.0y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 28.0 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Total assets | £1.40M | £1.37M |
| Current assets | £622.4k | £539.7k |
| Cash | £460.0k | £429.7k |
| Debtors | £162.4k | £110.0k |
| Net assets | £1.24M | £1.20M |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 accounts
- • 1 accounts
Corporate timeline (30 events)Click to expand
- 2026-03-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-02-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-03-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-06-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-08-10📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-08-10📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2021-08-09➖FOWDAR, Saraswatee resignedsecretary
- 2021-08-09➖FOWDAR, Ajay resigneddirector
- 2021-06-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-03-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-03-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-03-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-11-22📄mortgage-satisfy-charge-fullmortgage · MR04
- 2017-11-22🔓Charge satisfied #3
- 2017-04-04📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-05-16📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2007-10-03🔒Charge registered #4Lender: Lloyds Tsb Scotland PLC
- 2004-03-29🔓Charge satisfied #2
- 2002-07-31🔒Charge registered #3Lender: Lloyds Tsb Scotland PLC
- 1998-06-22🔒Charge registered #2Lender: Tsb Bank Scotland PLC
- 1998-05-21🔒Charge registered #1Lender: Tsb Bank Scotland PLC
- 1998-04-21🏢Company incorporatedAs SWORD (NURSERY) LIMITED
- 1998-04-21➕FOWDAR, Usha Devi appointeddirector
- 1998-04-21➕FOWDAR, Saraswatee appointedsecretary
- 1998-04-21➕FIRST SCOTTISH SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 1998-04-21➖FIRST SCOTTISH SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 1998-04-21➕FOWDAR, Ajay appointeddirector
- 1998-04-21➕FIRST SCOTTISH INTERNATIONAL SERVICES LIMITED appointedcorporate-nominee-director
- 1998-04-21➖FIRST SCOTTISH INTERNATIONAL SERVICES LIMITED resignedcorporate-nominee-director
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 28 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 28 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 28 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
1 med ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Ms Usha Devi Fowdar Individual · British · DOB 10/1979 · age 47 | 25–50% | — | 25-50% shares | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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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 →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
Registered office
Filing status
Officers (1 active · 4 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Lloyds Tsb Scotland PLC | Standard security | 1 property | 03/10/2007 | — | |
| satisfied | Lloyds Banking Group Lloyds Tsb Scotland PLC | Standard security | 1 property | 31/07/2002 | 22/11/2017 | |
| satisfied | Lloyds Banking Group Tsb Bank Scotland PLC | Standard security | 1 property | 22/06/1998 | 29/03/2004 | |
| outstanding | Lloyds Banking Group Tsb Bank Scotland PLC | Bond & floating charge | 1 property | 21/05/1998 | — |