55 NORTH NETWORK LIMITED

🌳Matureactive

SC345212 · ltd · incorporated 2008-07-02

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.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Jul 2024

Net worth

£996.6k

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: Management consultancy activities other than financial management

Sector: Professional, scientific & technical

Investor take

Pursue

Asset-holding vehicle with a 71-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 71). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: high (81/100)

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

Company profile

address, 1 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

2 officers (2 active, 2 linked, 2 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

8 connected companies via shared directors

Filing history

38 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102

Positive net assets

Net assets £996,635

Cash YoY

-8%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£196k

↓ 8.0% YoY

Net Worth

£997k

↑ 4.3% YoY

Current Assets

£198k

↓ 7.1% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2024-07-31	2023-07-31
Total assets	£1.00M	£957.2k
Current assets	£198.4k	£213.5k
Cash	£196.5k	£213.5k
Debtors	£1.9k	—
Net assets	£996.6k	£955.9k

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

🔒Filing-note intelligence

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

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (18 events)Click to expand

2025-04-17
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-17
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-17
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-15
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-03-17
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-02-26
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-03-02
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-04-04
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-04-18
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-07-27
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-04-14
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-07-22
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-04-09
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2013-07-24
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2008-07-02
🏢
Company incorporated
As 55 NORTH NETWORK LIMITED
2008-07-02
➕
NICHOLSON, Angela appointed
director
2008-07-02
➕
NICHOLSON, Keith, Dr appointed
director

Owner dependency

96/100

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

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
+Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 71 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
+No director turnover: Company is 18 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

89/100

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 71 years old. Natural succession window is now.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
secondary12+ year tenure: Director in role 18 years.
secondaryStable-but-static management: Company is 18 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

Name	Shares	Voting rights	Nature of control	Notified
Dr Keith Nicholson Individual · Scottish · DOB 12/1955 · age 71	25–50%	—	25-50% shares	01/07/2016

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.

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Similar companies

Active · Professional services · KW postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
A.J.B. SCHOLES LIMITED→ SC341021 · est 2008	—	—	—	40	18y	83	63y
AQUATERA LIMITED→ SC206441 · est 2000	—	—	—	3300	26y	83	65y
HATSTON VETERINARY CENTRE LIMITED→ SC340215 · est 2008	—	—	—	2200	18y	83	62y
ORCADIA→ SC272848 · est 2004 · no financials extracted	—	—	—	—	21y	83	61y
REID & FRASER LTD.→ SC194713 · est 1999	—	—	£367.3k	—	27y	83	59y
BRAEMARA LIMITED→ SC202577 · est 1999	—	—	£786.7k	—	26y	82	81y
KNIGHT & MCDONALD LIMITED→ SC241493 · est 2002	—	—	£61.9k	—	23y	82	65y
R & M JENKINS LIMITED→ SC285460 · est 2005	—	—	£1.60M	—	20y	82	75y
IGTL TECHNOLOGY LTD→ SC378560 · est 2010	—	—	£394.5k	—	15y	81	65y
ORCADES MARINE MANAGEMENT CONSULTANTS LTD→ SC385696 · est 2010	—	—	—	800	15y	81	71y
HERNE SERVICES LTD→ SC812200 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
REWILDERNESS LTD.→ SC785088 · est 2023 · no financials extracted	—	—	—	—	2y	—	—

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.

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Company details

Statusactive

Typeltd

Incorporated2008-07-02

Jurisdictionscotland

Primary SIC70229 — Management consultancy activities other than financial management

Registered office

Skaill

East Mey

Thurso

Caithness

KW14 8XL

Filing status

Accounts

Next due: 2026-04-30

Last made up to: 2024-07-31

Confirmation statement

Next due: 2026-07-16

Last: 2025-07-02

Officers (2 active · 0 resigned)

NICHOLSON, Angela→

director · ~64y · appointed 2008-07-02

View their other companies + combined net worth →

Active

NICHOLSON, Keith, Dr→

director · ~71y · appointed 2008-07-02

View their other companies + combined net worth →

Active

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