SIX BY NICO (HOLDINGS) LIMITED
🏛️Establishedactive
SC588879 · ltd · incorporated 2018-02-15
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 Jun 2024
Net worth
—
book net assets
Opportunity
70/100
Strong
What this business does
Primary activity: Licenced restaurants
Sector: Accommodation & food service
Investor take
PursueLeverage-led grower with a 72-year-old founder — textbook succession opportunity.
Opportunity 70/100 (strong), bankability 57/100. Strong seller-intent signal (60/100, director aged 72). Biggest value-creation lever: Consolidate lender relationships. 7 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
12 live charges · 7 lenders · oldest 5.9y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 5.9 years old — likely at or near maturity.
- · 7 lenders named — inter-creditor friction likely.
- · Legal-friction score 48/100 (high).
Data confidence
Overall: medium (75/100)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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
12 charges (12/12 with lender, 12/12 with type)
90
Directors & officers
7 officers (2 active, 7 linked, 6 with DOB)
87
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
69 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
55
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
66
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Profitable
Profit before tax £5,001,429
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-06-30 |
|---|---|
| Profit before tax | £5.00M |
| Average employees | 62500 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
4 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
0
filings
Last 90 days
3
filings
- • 1 confirmation-statement
- • 1 officers
- • 1 accounts
Last 180 days
3
filings
- • 1 confirmation-statement
- • 1 officers
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (49 events)Click to expand
- 2026-03-12📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-03-05📄accounts-with-accounts-type-fullaccounts · AA
- 2026-02-28➖WIRSZYCZ, Robert Michael resigneddirector
- 2025-10-14📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-10-10➖SHEILS, Graeme Alan resigneddirector
- 2025-07-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-07-10🔒Charge registered #12Lender: Tc Security Trustee Limited (As Security Trustee)
- 2025-07-08📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-07-02📄resolutionresolution · RESOLUTIONS
- 2025-07-01📄memorandum-articlesincorporation · MA
- 2025-06-27🔒Charge registered #11Lender: Tc Loans Limited (As Security Agent)
- 2025-03-31📄accounts-with-accounts-type-fullaccounts · AA
- 2025-03-14📄change-person-director-company-with-change-dateofficers · CH01
- 2025-02-10📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-12-03📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-12-03📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-11-25🔒Charge registered #10Lender: Tc Loans Limited (As Security Agent)
- 2024-11-25🔒Charge registered #9Lender: Tc Security Trustee Limited (As Security Trustee of the Secured Parties)
- 2024-11-18➖SIMEONE, Valentina Laura resigneddirector
- 2024-11-18📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-11-08📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2024-11-08📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2024-11-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-11-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-10-31📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-10-31📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-10-31🔒Charge registered #8Lender: Tc Loans Limited (As Security Agent)
- 2024-10-31🔒Charge registered #7Lender: Tc Security Trustee Limited (As Security Trustee of the Secured Parties)
- 2024-10-24🔒Charge registered #6Lender: Tc Security Trustee Limited (As Security Trustee)
- 2024-10-24🔒Charge registered #5Lender: Tc Loans Limited (As Security Agent)
- 2024-03-28📄accounts-with-accounts-type-fullaccounts · AA
- 2024-02-29📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2023-09-21📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2023-09-04🔒Charge registered #4Lender: Tc Loans Limited as Security Agent
- 2022-02-04🔓Charge satisfied #2
- 2022-01-26🔒Charge registered #3Lender: Tc Security Trustee Limited as Security Trustee
- 2021-08-01➕SHEILS, Graeme Alan appointeddirector
- 2021-07-26🔓Charge satisfied #1
- 2021-07-14🔒Charge registered #2Lender: Tc Loans Limited as the Security Trustee of the Secured Parties
- 2021-01-31➖SIMEONE, Valentina Laura resignedsecretary
- 2021-01-22➖MACARTHUR, Ian Stewart resigneddirector
- 2020-09-28➕WIRSZYCZ, Robert Michael appointeddirector
- 2020-06-23🔒Charge registered #1Lender: Barclays Bank PLC
- 2019-02-15➕SIMEONE, Valentina Laura appointeddirector
- 2018-11-05➕MACARTHUR, Ian Stewart appointeddirector
- 2018-11-05➕MACARTHUR, Ian Stewart appointeddirector
- 2018-02-15🏢Company incorporatedAs SIX BY NICO (HOLDINGS) LIMITED
- 2018-02-15➕SIMEONE, Nico Carlo appointeddirector
- 2018-02-15➕SIMEONE, Valentina Laura appointedsecretary
Owner dependency
73/100
High — earn-out structure requiredMaterial 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.
- +Founder age: Director aged approximately 72 — succession pressure is live.
Succession & seller-readiness
66/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 72 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
2 med · 1 low2 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: SHEILS, Graeme Alan resigned 2025-10-10; WIRSZYCZ, Robert Michael resigned 2026-02-28
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
10 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Group structure
Sixco P.L.C is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Sixco P.L.C
Corporate parent · holds 75-100% shares · board control
⬇
SIX BY NICO (HOLDINGS) LIMITED
This company · SC588879
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
2 active beneficial owners · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Sixco P.L.C Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 15/07/2020 |
Mr Nico Carlo Simeone Individual · British · DOB 07/1989 · age 37 | — | — | sig. influencesignificant influence | 16/02/2018 |
1 historic (ceased) PSC
- Mr Nico Carlo Simeoneceased 15/07/2020· 75-100% shares · 75-100% voting · board control
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.
See pricing →Similar companies
Active · Hospitality · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| TEMPORARY EUPHORIA LTD→ SC866649 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| TG GUANG LIMITED→ SC844448 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| THANH NGAN LIMITED→ SC757542 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| THE ASANTE'S AFRICAN FOODS SUPPLY LTD→ SC595998 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| THE COOKIES JARR LIMITED→ SC826444 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| THE FERRY LTD.→ SC333995 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| THE FUNNY BIRD LTD→ SC612265 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| THE FUSION GROUP UK LIMITED→ SC329953 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| THE G22 CAFE LTD→ SC834612 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| THE GIN CLUB LTD→ SC561613 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| THE GLASGOW PASTA COMPANY LIMITED→ SC585873 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| THE GREY GULL HOTEL LIMITED→ SC584242 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
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 →🔒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
Incorporated2018-02-15
Jurisdictionscotland
Primary SIC56101 — Licenced restaurants
Registered office
C/O Johnston Carmichael
227 West George Street
Glasgow
G2 2ND
Scotland
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-29
Confirmation statement
Next due: 2027-03-14
Last: 2026-02-28
Officers (2 active · 5 resigned)
MACARTHUR, Ian Stewart→
Activedirector · ~72y · appointed 2018-11-05
View their other companies + combined net worth →
SIMEONE, Nico Carlo→
Activedirector · ~37y · appointed 2018-02-15
View their other companies + combined net worth →
SIMEONE, Valentina Laura→
Resignedsecretary · appointed 2018-02-15 · resigned 2021-01-31
MACARTHUR, Ian Stewart→
Resigneddirector · ~72y · appointed 2018-11-05 · resigned 2021-01-22
SHEILS, Graeme Alan→
Resigneddirector · ~62y · appointed 2021-08-01 · resigned 2025-10-10
SIMEONE, Valentina Laura→
Resigneddirector · ~37y · appointed 2019-02-15 · resigned 2024-11-18
WIRSZYCZ, Robert Michael→
Resigneddirector · ~69y · appointed 2020-09-28 · resigned 2026-02-28
Click a director name to see their full track record across all companies.
Mortgages & charges
12
Total charges
10
Outstanding
5
Active lenders
Status:Lender:12 of 12 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Tc Security Trustee (As Security Trustee) Tc Security Trustee Limited (As Security Trustee) | A registered charge | — | 10/07/2025 | — | |
| outstanding | Tc Loans (As Security Agent) Tc Loans Limited (As Security Agent) | A registered charge | — | 27/06/2025 | — | |
| outstanding | Tc Loans (As Security Agent) Tc Loans Limited (As Security Agent) | A registered charge | 2 properties | 25/11/2024 | — | |
| outstanding | Tc Security Trustee (As Security Trustee of the Secured Parties) Tc Security Trustee Limited (As Security Trustee of the Secured Parties) | A registered charge | 2 properties | 25/11/2024 | — | |
| outstanding | Tc Loans (As Security Agent) Tc Loans Limited (As Security Agent) | A registered charge | 2 properties | 31/10/2024 | — | |
| outstanding | Tc Security Trustee (As Security Trustee of the Secured Parties) Tc Security Trustee Limited (As Security Trustee of the Secured Parties) | A registered charge | 2 properties | 31/10/2024 | — | |
| outstanding | Tc Security Trustee (As Security Trustee) Tc Security Trustee Limited (As Security Trustee) | A registered charge | 1 property | 24/10/2024 | — | |
| outstanding | Tc Loans (As Security Agent) Tc Loans Limited (As Security Agent) | A registered charge | 1 property | 24/10/2024 | — | |
| outstanding | Tc Loans as Security Agent Tc Loans Limited as Security Agent | A registered charge | — | 04/09/2023 | — | |
| outstanding | Tc Security Trustee as Security Trustee Tc Security Trustee Limited as Security Trustee | A registered charge | — | 26/01/2022 | — | |
| satisfied | Tc Loans as the Security Trustee of the Secured Parties Tc Loans Limited as the Security Trustee of the Secured Parties | A registered charge | 1 property | 14/07/2021 | 04/02/2022 | |
| satisfied | Barclays Barclays Bank PLC | A registered charge | — | 23/06/2020 | 26/07/2021 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (69 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-18
termination-director-company-with-name-termination-date
officers · TM01
2026-03-12
accounts-with-accounts-type-full
accounts · AA
2026-03-05
termination-director-company-with-name-termination-date
officers · TM01
2025-10-14
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-07-11
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-07-08
resolution
resolution · RESOLUTIONS
2025-07-02
memorandum-articles
incorporation · MA
2025-07-01
accounts-with-accounts-type-full
accounts · AA
2025-03-31
change-person-director-company-with-change-date
officers · CH01
2025-03-14
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-14
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-02-10
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-12-03
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-12-03
termination-director-company-with-name-termination-date
officers · TM01
2024-11-18