NEWHOUSE WORKWEAR LIMITED

💤Zombieactive

SC575716 · ltd · incorporated 2017-09-07

Investment thesis

Zombie company — trading but stalled; unlikely mover.

Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.

Why risky: No growth signal; thin margin for error on price.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Sept 2024

Net worth

—

book net assets

Opportunity

76/100

Strong

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What this business does

Primary activity: Retail sale of clothing in specialised stores

Sector: Wholesale & retail

Investor take

Pursue

Active trading company with a 68-year-old founder — textbook succession opportunity.

Opportunity 76/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 68). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

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

Lenders & charges

Confirmed no charges registered

Directors & officers

1 officers (1 active, 1 linked, 1 with DOB)

Ownership & PSC

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

Director network

1 connected companies via shared directors

Filing history

16 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

76/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2024-09-30	2023-09-30
Average employees	0	0

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

🔒Filing-note intelligence

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

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (10 events)Click to expand

2025-07-01
📄
accounts-with-accounts-type-dormant
accounts · AA
2024-06-28
📄
accounts-with-accounts-type-dormant
accounts · AA
2023-06-20
📄
accounts-with-accounts-type-dormant
accounts · AA
2022-06-30
📄
accounts-with-accounts-type-dormant
accounts · AA
2021-06-28
📄
accounts-with-accounts-type-dormant
accounts · AA
2020-06-18
📄
accounts-with-accounts-type-dormant
accounts · AA
2019-06-07
📄
accounts-with-accounts-type-dormant
accounts · AA
2017-09-07
🏢
Company incorporated
As NEWHOUSE WORKWEAR LIMITED
2017-09-07
➕
WHITE, James appointed
director
2017-09-07
📄
incorporation-company
incorporation · NEWINC

Owner dependency

95/100

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

+Sole director: Only one active director — all governance concentrated on one person.
+Founder age: Director aged approximately 68 — succession pressure is live.
+No director turnover: Company is 9 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

65/100

Strong succession signal

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

SIGNALS

primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

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%

Name	Shares	Voting rights	Nature of control	Notified
Mr James White Individual · British · DOB 03/1958 · age 68	75–100%	75–100%	75-100% shares · 75-100% voting	07/09/2017

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 · Retail · ML postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
KAMCO RETAIL LTD→ SC355651 · est 2009	—	—	£141.0k	—	17y	83	87y
ABDUL MAJID & SON LIMITED→ SC351446 · est 2008	—	—	£7.3k	—	17y	82	65y
ADAPTOCARE LTD.→ SC197202 · est 1999	—	—	£2.00M	—	26y	82	87y
C & R SUPPLIES LIMITED→ SC223691 · est 2001	—	—	£86.7k	—	24y	82	63y
DAMN DELICIOUS LIMITED→ SC334088 · est 2007	—	—	—	1300	18y	82	60y
IMPERIAL BAR (AIRDRIE) LIMITED→ SC260090 · est 2003	—	—	£139.3k	—	22y	82	68y
KSL TRADING AND MARKETING LIMITED→ SC159770 · est 1995	—	—	£29.6k	—	30y	82	64y
MACMILLAN & SHAW GOLF SUPPLIES LIMITED→ SC233241 · est 2002	—	—	£17.7k	—	23y	82	66y
MLD ZAMBONINI LIMITED→ SC326339 · est 2007	—	—	—	—	18y	82	76y
SANDRO AND SONS LIMITED→ SC160375 · est 1995	—	—	£17.0k	—	30y	82	64y
TUITE LTD→ SC388864 · est 2010	—	—	£505	—	15y	82	62y
TYRRELLS OF BURNBANK LIMITED→ SC317554 · est 2007	—	—	£317.6k	—	19y	82	62y

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

8 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.

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🔒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

Incorporated2017-09-07

Jurisdictionscotland

Primary SIC47710 — Retail sale of clothing in specialised stores

Registered office

The Mechanics Workshop

New Lanark

Lanark

Lanarkshire

ML11 9DB

United Kingdom

Filing status

Accounts

Next due: 2026-06-30

Last made up to: 2024-09-30

Confirmation statement

Next due: 2026-09-20

Last: 2025-09-06

Officers (1 active · 0 resigned)

WHITE, James→

director · ~68y · appointed 2017-09-07

View their other companies + combined net worth →

Active

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