NWD DEVELOPMENTS LTD
Opportunity 71/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
Refinance opportunity
7 live charges · 5 lenders · oldest 8.3y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 8.3 years old — likely at or near maturity.
- · 5 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (82/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £24.7k | £26.3k |
| Current assets | £121.0k | £17.6k |
| Cash | £120.4k | £17.1k |
| Debtors | £550 | £550 |
| Net assets | £24.0k | £25.4k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
Corporate timeline (29 events)Click to expand
- 2025-09-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-02-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-02-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-02-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-02-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-02-12🔒Charge registered #7Lender: Royal Bank of Scotland PLC
- 2025-02-12🔒Charge registered #6Lender: Royal Bank of Scotland PLC
- 2025-02-12🔒Charge registered #5Lender: Royal Bank of Scotland PLC
- 2025-02-12🔒Charge registered #4Lender: Royal Bank of Scotlnd PLC
- 2025-01-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-01-20🔒Charge registered #3Lender: The Royal Bank of Scotland PLC
- 2024-08-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-11-09📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-10-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-10-07📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2022-08-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-10-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-06-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-06-02📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2020-11-04➖MCDERMOTT, Barry John resigneddirector
- 2020-07-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-10-21📄change-person-director-company-with-change-dateofficers · CH01
- 2019-06-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-03-07📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2018-02-16🔒Charge registered #2Lender: Svenskahandelsbanken Ab (Publ)
- 2018-01-30🔒Charge registered #1Lender: Svenska Handelsbanken Ab (Publ)
- 2015-10-01🏢Company incorporatedAs NWD DEVELOPMENTS LTD
- 2015-10-01➕MCDERMOTT, Ian Jeremy appointeddirector
- 2015-10-01➕MCDERMOTT, Barry John appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Group structure
Ncm Properties Ltd holds 25-50% — a significant corporate investor but not a controlling parent.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Ncm Properties Ltd Corporate entity | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 01/01/2022 |
Mr Ian Jeremy Mcdermott Individual · British · DOB 01/1975 · age 51 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
1 historic (ceased) PSC
- Mr Barry Mcdermottceased 04/11/2020· 25-50% shares
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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|---|---|---|---|---|---|---|---|
| MELROSE PLATINUM LP→ SL030281 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| MERION PARTNERS LP→ SL014501 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| MERVILL TRADE LP→ SL015815 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| MIDGROUP LP→ SL020485 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| MIKSTONE TRADE LP→ SL024324 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
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| MOLDEN CONSULTING LP→ SL014901 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| MONOLE LP→ SL030329 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| MONOLIS TRADING LP→ SL030519 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| MONSEN CONSULTING LP→ SL012486 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| MONTBERG PRODUCTS L.P.→ SL031885 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
9 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 (1 active · 1 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Royal Bank of Scotland PLC | A registered charge | 1 property | 12/02/2025 | — | |
| outstanding | Lloyds Banking Group Royal Bank of Scotland PLC | A registered charge | 1 property | 12/02/2025 | — | |
| outstanding | Lloyds Banking Group Royal Bank of Scotland PLC | A registered charge | 1 property | 12/02/2025 | — | |
| outstanding | Royal Bank of Scotlnd Royal Bank of Scotlnd PLC | A registered charge | 1 property | 12/02/2025 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | — | 20/01/2025 | — | |
| outstanding | Svenskahandelsbanken Ab (Publ) | A registered charge | 6 properties | 16/02/2018 | — | |
| outstanding | Svenska Handelsbanken Ab (Publ) | A registered charge | — | 30/01/2018 | — |