NEEP SHED LIMITED

🌳Matureactive

SC449839 · ltd · incorporated 2013-05-13

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 Mar 2025

Net worth

£957.4k

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: Public houses and bars

Sector: Accommodation & food service

Investor take

Pursue

Strong opportunity: active trading company with exceptional profile and bankable structure.

Opportunity 80/100 (exceptional), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

2 live charges · oldest 12.8y

45/100

under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

· Oldest live charge is 12.8 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: medium (78/100)

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

Lenders & charges

2 charges (2/2 with lender, 2/2 with type)

Directors & officers

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

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

Network not yet resolved

Filing history

37 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

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102

Positive net assets

Net assets £957,433

Cash YoY

-19%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£163k

↓ 19% YoY

Net Worth

£957k

↑ 15% YoY

Current Assets

£360k

↑ 69% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-03-31	2024-03-31
Total assets	£1.12M	£1.02M
Current assets	£360.4k	£213.1k
Cash	£163.3k	£202.3k
Debtors	£197.1k	£10.9k
Net assets	£957.4k	£833.9k

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

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (22 events)Click to expand

2025-09-26
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-17
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-20
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-08
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-09
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-19
📄
change-person-director-company-with-change-date
officers · CH01
2021-06-19
📄
change-person-director-company-with-change-date
officers · CH01
2021-06-19
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-06-19
📄
change-person-director-company-with-change-date
officers · CH01
2021-06-19
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-02-18
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-10-20
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2020-10-20
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2019-12-31
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-12-13
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-09-21
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2018-09-21
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2013-07-12
🔒
Charge registered #2
Lender: Santander UK PLC
2013-06-26
🔒
Charge registered #1
Lender: Santander UK PLC
2013-05-13
🏢
Company incorporated
As NEEP SHED LIMITED
2013-05-13
➕
HAYWOOD, David Martin appointed
director
2013-05-13
➕
HAYWOOD, Eileen appointed
director

Owner dependency

79/100

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 60 — approaching natural succession window.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
+No director turnover: Company is 13 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

59/100

Strong succession signal

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

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
secondary12+ year tenure: Director in role 13 years.
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

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mr David Martin Haywood Individual · British · DOB 05/1966 · age 60	25–50%	—	25-50% shares	06/04/2016
Mrs Eileen Haywood Individual · British · DOB 08/1968 · age 58	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.

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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

Incorporated2013-05-13

Jurisdictionscotland

Primary SIC56302 — Public houses and bars

Registered office

The Boat Inn

Charlestown Road

Aboyne

AB34 5EL

Scotland

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-05-27

Last: 2025-05-13

Officers (2 active · 0 resigned)

HAYWOOD, David Martin→

director · ~60y · appointed 2013-05-13

View their other companies + combined net worth →

Active

HAYWOOD, Eileen→

director · ~58y · appointed 2013-05-13

View their other companies + combined net worth →

Active

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:2 of 2 shown

			Type	Properties
	outstanding	Santander Santander UK PLC	A registered charge	1 property	12/07/2013	—
	outstanding	Santander Santander UK PLC	A registered charge	1 property	26/06/2013	—

Click column headers to sort. Use filters above to narrow by status and lender.