NIC LTD.

🌳Matureactive
SC229186 · ltd · incorporated 2002-03-14
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 19.8y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2026
Net worth
£41
book net assets
Opportunity
77/100
Strong
🔔
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What this business does
Primary activity: Accounting and auditing activities
Sector: Professional, scientific & technical
ALSO REGISTERED FOR
  • 69202Bookkeeping activities
  • 69203Tax consultancy
Investor take
Pursue
Asset-holding vehicle with a 63-year-old founder — textbook succession opportunity.

Opportunity 77/100 (strong), bankability 85/100. Strong seller-intent signal (65/100, director aged 63). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

4 live charges · 2 lenders · oldest 19.8y

70/100
ready

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

  • · Oldest live charge is 19.8 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (83/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 3 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
11 officers (2 active, 11 linked, 6 with DOB)
81
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
17 connected companies via shared directors
90
Filing history
104 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £41

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£41
↑ 101% YoY
Current Assets
£63
↑ 215% YoY
Current Liabilities
—
-£5k-£4k-£3k-£2k-£920£63Mar 2025Mar 2026

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2026-03-312025-03-31
Total assets£41£-4.9k
Current assets£63£20
Net assets£41£-4.9k

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
3
filings
  • • 1 accounts
  • • 1 address
  • • 1 confirmation-statement
Last 180 days
3
filings
  • • 1 accounts
  • • 1 address
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (48 events)Click to expand
  1. 2026-04-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2026-03-20
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2025-06-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2025-05-12
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  5. 2025-03-04
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2025-02-03
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2024-07-10
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  8. 2024-07-10
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  9. 2024-07-10
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2024-07-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2024-07-10
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  12. 2024-07-10
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2024-07-01
    ➕
    NICOLSON, Susan Wendy appointed
    director
  14. 2024-07-01
    ➖
    NICOLSON, Susan Wendy resigned
    secretary
  15. 2024-07-01
    ➖
    NICOLSON, Susan Wendy resigned
    director
  16. 2024-05-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2023-12-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2023-10-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  19. 2023-06-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  20. 2023-03-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2021-12-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2021-03-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  23. 2020-02-25
    🔓
    Charge satisfied #4
  24. 2020-02-25
    🔓
    Charge satisfied #3
  25. 2015-09-01
    ➕
    NICOLSON, Angus appointed
    director
  26. 2013-09-30
    ➖
    NICOLSON, Angus resigned
    director
  27. 2012-12-01
    ➕
    NICOLSON, Susan Wendy appointed
    director
  28. 2012-05-04
    🔒
    Charge registered #4
    Lender: Bank of Scotland PLC
  29. 2012-04-27
    🔓
    Charge satisfied #1
  30. 2012-04-26
    🔒
    Charge registered #3
    Lender: Bank of Scotland PLC
  31. 2012-04-17
    🔓
    Charge satisfied #2
  32. 2006-09-13
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  33. 2006-08-02
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  34. 2004-12-18
    ➕
    NICOLSON, Susan Wendy appointed
    secretary
  35. 2004-12-17
    ➖
    NICOLSON, Angus resigned
    secretary
  36. 2004-12-17
    ➖
    NICOLSON, Susan Wendy resigned
    director
  37. 2004-08-25
    ➕
    NICOLSON, Angus appointed
    secretary
  38. 2004-08-25
    ➕
    NICOLSON, Susan Wendy appointed
    director
  39. 2004-08-24
    ➖
    MANN JUDD GORDON resigned
    corporate-secretary
  40. 2002-03-31
    ➖
    NICOLSON, Angus resigned
    secretary
  41. 2002-03-31
    ➖
    BARBER, Clare resigned
    director
  42. 2002-03-30
    ➕
    MANN JUDD GORDON appointed
    corporate-secretary
  43. 2002-03-30
    ➕
    NICOLSON, Angus appointed
    director
  44. 2002-03-14
    🏢
    Company incorporated
    As NIC LTD.
  45. 2002-03-14
    ➕
    NICOLSON, Angus appointed
    secretary
  46. 2002-03-14
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  47. 2002-03-14
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  48. 2002-03-14
    ➕
    BARBER, Clare appointed
    director

Owner dependency

74/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

61/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 med · 1 low
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Group structure

Nicolson Holdings Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Nicolson Holdings Ltd
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
NIC LTD.
This company · SC229186

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%
NameSharesVoting rightsNature of controlNotified
Nicolson Holdings Ltd
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control01/06/2024
2 historic (ceased) PSCs
  • Mr Angus Nicolsonceased 01/06/2024· 75-100% shares · 75-100% voting · board control
  • Mrs Susan Wendy Nicolsonceased 01/06/2024· 75-100% shares · 75-100% voting · board control

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

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

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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
Typeltd
Incorporated2002-03-14
Jurisdictionscotland
Primary SIC69201 — Accounting and auditing activities

Registered office

49 Crescent Road
Glasgow
G13 3RY
Scotland

Filing status

Accounts
Next due: 2027-12-31
Last made up to: 2026-03-31
Confirmation statement
Next due: 2027-03-18
Last: 2026-03-04

Officers (2 active · 9 resigned)

NICOLSON, Angus→
director · ~63y · appointed 2015-09-01
View their other companies + combined net worth →
Active
NICOLSON, Susan Wendy→
director · ~60y · appointed 2024-07-01
View their other companies + combined net worth →
Active
NICOLSON, Angus→
secretary · appointed 2004-08-25 · resigned 2004-12-17
Resigned
NICOLSON, Angus→
secretary · appointed 2002-03-14 · resigned 2002-03-31
Resigned
NICOLSON, Susan Wendy→
secretary · appointed 2004-12-18 · resigned 2024-07-01
Resigned
MANN JUDD GORDON→
corporate-secretary · appointed 2002-03-30 · resigned 2004-08-24
Resigned
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 2002-03-14 · resigned 2002-03-14
Resigned
BARBER, Clare→
director · ~62y · appointed 2002-03-14 · resigned 2002-03-31
Resigned
NICOLSON, Angus→
director · ~63y · appointed 2002-03-30 · resigned 2013-09-30
Resigned
NICOLSON, Susan Wendy→
director · ~60y · appointed 2012-12-01 · resigned 2024-07-01
Resigned
NICOLSON, Susan Wendy→
director · ~60y · appointed 2004-08-25 · resigned 2004-12-17
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

4
Total charges
0
Outstanding
0
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
satisfied
Lloyds Banking Group
Bank of Scotland PLC
Standard security1 property04/05/201225/02/2020
satisfied
Lloyds Banking Group
Bank of Scotland PLC
Floating charge1 property26/04/201225/02/2020
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property13/09/200617/04/2012
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property02/08/200627/04/2012

Recent filings (104 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-04-05
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-03-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-04
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-21
appoint-person-director-company-with-name-date
officers · AP01
2025-05-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-04
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-03-04
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-02-03
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-07-10
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-07-10
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-07-10
termination-director-company-with-name-termination-date
officers · TM01
2024-07-10
termination-secretary-company-with-name-termination-date
officers · TM02
2024-07-10
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-07-10
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-28