D R NEWITT RECRUITMENT LIMITED
- · Oldest live charge 19.8y old — refinance window within 12 months
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
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.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Average employees | 22 | 2400 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 confirmation-statement
- • 1 confirmation-statement
- • 1 accounts
Corporate timeline (36 events)Click to expand
- 2026-01-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-01-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-02-15📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-02-15📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-02-13➕FLANNIGAN, Ryan appointeddirector
- 2024-02-13➕GUNN, Forbes John Axford appointeddirector
- 2024-01-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-10-12📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-01-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-01-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-03-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-01-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-01-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-02-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-01-15📄capital-cancellation-sharescapital · SH06
- 2017-12-19📄capital-return-purchase-own-sharescapital · SH03
- 2017-01-31📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2013-08-16🔓Charge satisfied #3
- 2013-03-26➖STEEDMAN, Matthew resignedsecretary
- 2013-02-15🔒Charge registered #3Lender: Rbs Invoice Finance Limited
- 2010-10-27➖MILANESI, Jason Sebastian resignedsecretary
- 2010-10-27➕STEEDMAN, Matthew appointedsecretary
- 2009-03-20🔓Charge satisfied #1
- 2008-12-02🔒Charge registered #2Lender: Royal Bank of Scotland PLC
- 2007-11-16➕MILANESI, Jason Sebastian appointedsecretary
- 2007-11-16➖NEWITT, Stephanie Catherine resignedsecretary
- 2007-11-16➖JACKSON, Karen Elizabeth resigneddirector
- 2006-06-25🔒Charge registered #1Lender: Rbs Invoice Finance Limited
- 2006-02-28🏢Company incorporatedAs D R NEWITT RECRUITMENT LIMITED
- 2006-02-28➕NEWITT, Stephanie Catherine appointeddirector
- 2006-02-28➕NEWITT, Stephanie Catherine appointedsecretary
- 2006-02-28➕BRIAN REID LTD. appointedcorporate-nominee-secretary
- 2006-02-28➖BRIAN REID LTD. resignedcorporate-nominee-secretary
- 2006-02-28➕JACKSON, Karen Elizabeth appointeddirector
- 2006-02-28➕STEPHEN MABBOTT LTD. appointedcorporate-nominee-director
- 2006-02-28➖STEPHEN MABBOTT LTD. resignedcorporate-nominee-director
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +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
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- 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
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Stephanie Catherine Newitt Individual · British · DOB 03/1969 · age 57 | 50–75% | 75–100% | 75-100% shares · 75-100% voting | 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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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 →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 (3 active · 6 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | NatWest Group Rbs Invoice Finance Limited | Floating charge | 1 property | 15/02/2013 | 16/08/2013 | |
| outstanding | Lloyds Banking Group Royal Bank of Scotland PLC | Floating charge | 1 property | 02/12/2008 | — | |
| satisfied | NatWest Group Rbs Invoice Finance Limited | Floating charge | 1 property | 25/06/2006 | 20/03/2009 |