VENICE OF THE NORTH LTD
Opportunity 72/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (65/100).
Data confidence
Overall: medium (78/100)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.
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 | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £16.6k | £21.1k |
| Current assets | £216 | £5.0k |
| Net assets | £16.6k | £21.1k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
- • 1 confirmation-statement
Corporate timeline (12 events)Click to expand
- 2025-04-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-09-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-09-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-07-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-08-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-04-19📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-02-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-09-03📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-12-04🏢Company incorporatedAs VENICE OF THE NORTH LTD
- 2017-12-04➕MARTIN, James Stewart appointeddirector
- 2017-12-04➕SHEPHERD, Andrew Irvine appointeddirector
- 2017-12-04📄incorporation-companyincorporation · NEWINC
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +No director turnover: Company is 8 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Limited succession signal. Not a near-term off-market candidate.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanShareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr James Stewart Martin Individual · British · DOB 08/1993 · age 33 | 25–50% | 25–50% | 25-50% shares · 25-50% voting · trust interest · firm interest | 04/12/2017 |
Mr Andrew Irvine Shepherd Individual · British · DOB 04/1988 · age 38 | 25–50% | 25–50% | 25-50% shares · 25-50% voting · trust interest · firm interest | 04/12/2017 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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.
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Registered office
Filing status
Officers (2 active · 0 resigned)
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