D R NEWITT RECRUITMENT LIMITED

🌳Matureactive
SC297911 · ltd · incorporated 2006-02-28
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 Apr 2025
Net worth
book net assets
Opportunity
78/100
Strong
🔔
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What this business does
Primary activity: Other activities of employment placement agencies
Sector: Administrative & support services
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 78/100 (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. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: strategic trade sale (63/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 19.8y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 19.8 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (79/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 1 SIC codes, incorporation date
100
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
9 officers (3 active, 9 linked, 4 with DOB)
79
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
82 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
Some acquirability indicators.
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£0Apr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-04-302024-04-30
Average employees222400

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 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 (36 events)Click to expand
  1. 2026-01-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-01-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-02-15
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2024-02-15
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  5. 2024-02-13
    FLANNIGAN, Ryan appointed
    director
  6. 2024-02-13
    GUNN, Forbes John Axford appointed
    director
  7. 2024-01-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2023-10-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2023-01-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2022-01-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-03-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2020-01-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2019-01-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2018-02-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2018-01-15
    📄
    capital-cancellation-shares
    capital · SH06
  16. 2017-12-19
    📄
    capital-return-purchase-own-shares
    capital · SH03
  17. 2017-01-31
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  18. 2013-08-16
    🔓
    Charge satisfied #3
  19. 2013-03-26
    STEEDMAN, Matthew resigned
    secretary
  20. 2013-02-15
    🔒
    Charge registered #3
    Lender: Rbs Invoice Finance Limited
  21. 2010-10-27
    MILANESI, Jason Sebastian resigned
    secretary
  22. 2010-10-27
    STEEDMAN, Matthew appointed
    secretary
  23. 2009-03-20
    🔓
    Charge satisfied #1
  24. 2008-12-02
    🔒
    Charge registered #2
    Lender: Royal Bank of Scotland PLC
  25. 2007-11-16
    MILANESI, Jason Sebastian appointed
    secretary
  26. 2007-11-16
    NEWITT, Stephanie Catherine resigned
    secretary
  27. 2007-11-16
    JACKSON, Karen Elizabeth resigned
    director
  28. 2006-06-25
    🔒
    Charge registered #1
    Lender: Rbs Invoice Finance Limited
  29. 2006-02-28
    🏢
    Company incorporated
    As D R NEWITT RECRUITMENT LIMITED
  30. 2006-02-28
    NEWITT, Stephanie Catherine appointed
    director
  31. 2006-02-28
    NEWITT, Stephanie Catherine appointed
    secretary
  32. 2006-02-28
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  33. 2006-02-28
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  34. 2006-02-28
    JACKSON, Karen Elizabeth appointed
    director
  35. 2006-02-28
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  36. 2006-02-28
    STEPHEN MABBOTT LTD. resigned
    corporate-nominee-director

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Founder name in company name: Company name contains director surname "NEWITT" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

50/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primary20+ year tenure: Director in role 20 years. Very long tenure is a classic succession signal.
  • 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
Mrs Stephanie Catherine Newitt
Individual · British · DOB 03/1969 · age 57
5075%
75–100%75-100% shares · 75-100% voting06/04/2016

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
Incorporated2006-02-28
Jurisdictionscotland
Primary SIC78109 — Other activities of employment placement agencies

Registered office

3rd Floor 2 Lochrin Square
96 Fountainbridge
Edinburgh
EH3 9QA
United Kingdom

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-03-14
Last: 2026-02-28

Officers (3 active · 6 resigned)

FLANNIGAN, Ryan
director · ~38y · appointed 2024-02-13
View their other companies + combined net worth →
Active
GUNN, Forbes John Axford
director · ~47y · appointed 2024-02-13
View their other companies + combined net worth →
Active
NEWITT, Stephanie Catherine
director · ~57y · appointed 2006-02-28
View their other companies + combined net worth →
Active
MILANESI, Jason Sebastian
secretary · appointed 2007-11-16 · resigned 2010-10-27
Resigned
NEWITT, Stephanie Catherine
secretary · appointed 2006-02-28 · resigned 2007-11-16
Resigned
STEEDMAN, Matthew
secretary · appointed 2010-10-27 · resigned 2013-03-26
Resigned
BRIAN REID LTD.
corporate-nominee-secretary · appointed 2006-02-28 · resigned 2006-02-28
Resigned
JACKSON, Karen Elizabeth
director · ~54y · appointed 2006-02-28 · resigned 2007-11-16
Resigned
STEPHEN MABBOTT LTD.
corporate-nominee-director · appointed 2006-02-28 · resigned 2006-02-28
Resigned

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

Mortgages & charges

3
Total charges
1
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
satisfied
NatWest Group
Rbs Invoice Finance Limited
Floating charge1 property15/02/201316/08/2013
outstanding
Lloyds Banking Group
Royal Bank of Scotland PLC
Floating charge1 property02/12/2008
satisfied
NatWest Group
Rbs Invoice Finance Limited
Floating charge1 property25/06/200620/03/2009
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (82 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-19
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-13
confirmation-statement-with-updates
confirmation-statement · CS01
2024-03-11
appoint-person-director-company-with-name-date
officers · AP01
2024-02-15
appoint-person-director-company-with-name-date
officers · AP01
2024-02-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-10-12
confirmation-statement-with-updates
confirmation-statement · CS01
2023-03-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-26
confirmation-statement-with-updates
confirmation-statement · CS01
2022-03-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-01-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-02
confirmation-statement-with-updates
confirmation-statement · CS01
2021-03-01