VENICE OF THE NORTH LTD

🏛️Establishedactive
SC582978 · ltd · incorporated 2017-12-04
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
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Turnover
year to Dec 2024
Net worth
£16.6k
book net assets
Opportunity
72/100
Strong
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What this business does
Primary activity: Sound recording and music publishing activities
Sector: Information & communication
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

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.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
17 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £16,646
Net assets shrinking
Down £4,490 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£17k
↓ 21% YoY
Current Assets
£216
↓ 96% YoY
Current Liabilities
£0£4k£8k£13k£17k£21kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
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

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (12 events)Click to expand
  1. 2025-04-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-09-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-09-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-07-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-08-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-04-19
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2021-02-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2019-09-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2017-12-04
    🏢
    Company incorporated
    As VENICE OF THE NORTH LTD
  10. 2017-12-04
    MARTIN, James Stewart appointed
    director
  11. 2017-12-04
    SHEPHERD, Andrew Irvine appointed
    director
  12. 2017-12-04
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

63/100
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.
  • +No director turnover: Company is 8 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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
NameSharesVoting rightsNature of controlNotified
Mr James Stewart Martin
Individual · British · DOB 08/1993 · age 33
2550%
25–50%25-50% shares · 25-50% voting · trust interest · firm interest04/12/2017
Mr Andrew Irvine Shepherd
Individual · British · DOB 04/1988 · age 38
2550%
25–50%25-50% shares · 25-50% voting · trust interest · firm interest04/12/2017

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 →
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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.

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Company details

Statusactive
Typeltd
Incorporated2017-12-04
Jurisdictionscotland
Primary SIC59200 — Sound recording and music publishing activities

Registered office

11 Farrier Crescent
Chapelton
Strathaven
ML10 6SR
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-17
Last: 2025-12-03

Officers (2 active · 0 resigned)

MARTIN, James Stewart
director · ~33y · appointed 2017-12-04
View their other companies + combined net worth →
Active
SHEPHERD, Andrew Irvine
director · ~38y · appointed 2017-12-04
View their other companies + combined net worth →
Active

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

Recent filings (17 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-17
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-14
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-05
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-06
accounts-with-accounts-type-micro-entity
accounts · AA
2022-07-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-15
accounts-with-accounts-type-micro-entity
accounts · AA
2021-08-23
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-04-19
accounts-with-accounts-type-micro-entity
accounts · AA
2021-02-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-01-14
accounts-with-accounts-type-micro-entity
accounts · AA
2019-09-03