NEXTPATH FINANCE LIMITED

💤Zombieactive
SC644681 · ltd · incorporated 2019-10-16
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 Jun 2025
Net worth
£986.9k
book net assets
Opportunity
74/100
Strong
🔔
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What this business does
Primary activity: Financial intermediation not elsewhere classified
Sector: Financial & insurance
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 74/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (70/100)

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
Confirmed no charges registered
85
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
24 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
77
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 £986,873

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
£987k
Current Assets
£2.4m
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-06-30
Total assets£986.9k
Current assets£2.35M
Net assets£986.9k

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
1
filing
  • 1 accounts
Last 180 days
5
filings
  • 2 persons-with-significant-control
  • 1 accounts
  • 1 change-of-name
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2026-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2026-01-08
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  3. 2025-11-14
    📄
    replacement-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP01CS01
  4. 2025-11-14
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  5. 2025-11-14
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  6. 2025-08-22
    📄
    accounts-amended-with-accounts-type-micro-entity
    accounts · AAMD
  7. 2025-03-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2024-05-15
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2024-05-02
    REID, Nancy resigned
    director
  10. 2024-03-29
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  11. 2023-07-28
    📄
    accounts-amended-with-made-up-date
    accounts · AAMD
  12. 2023-06-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  13. 2022-06-21
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  14. 2021-08-26
    📄
    resolution
    resolution · RESOLUTIONS
  15. 2021-06-24
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  16. 2020-04-23
    📄
    capital-allotment-shares
    capital · SH01
  17. 2020-03-20
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  18. 2020-03-10
    📄
    capital-allotment-shares
    capital · SH01
  19. 2019-10-16
    🏢
    Company incorporated
    As NEXTPATH FINANCE LIMITED
  20. 2019-10-16
    FLYNN, Pearse John appointed
    director
  21. 2019-10-16
    REID, Nancy appointed
    director
  22. 2019-10-16
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

83/100
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.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.

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 63. 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

1 med ·
Name changed recently
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2026-01-08: certificate-change-of-name-company

Group structure

Uk Debt Expert Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Uk Debt Expert Group Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
NEXTPATH FINANCE LIMITED
This company · SC644681

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Uk Debt Expert Group Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control01/12/2020
1 historic (ceased) PSC
  • Finbora Group Limitedceased 01/12/2020· 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.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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Available from the Pro tier upwards.

See pricing →
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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.

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Company details

Statusactive
Typeltd
Incorporated2019-10-16
Jurisdictionscotland
Primary SIC64999 — Financial intermediation not elsewhere classified

Registered office

4 West Regent Street
Glasgow
G2 1RW
Scotland

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-10-24
Last: 2025-10-10

Officers (1 active · 1 resigned)

FLYNN, Pearse John
director · ~63y · appointed 2019-10-16
View their other companies + combined net worth →
Active
REID, Nancy
director · ~62y · appointed 2019-10-16 · resigned 2024-05-02
Resigned

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

Recent filings (24 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-31
certificate-change-of-name-company
change-of-name · CERTNM
2026-01-08
replacement-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP01CS01
2025-11-14
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-11-14
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-11-14
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-16
accounts-amended-with-accounts-type-micro-entity
accounts · AAMD
2025-08-22
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-10
termination-director-company-with-name-termination-date
officers · TM01
2024-05-15
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-03-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-16
accounts-amended-with-made-up-date
accounts · AAMD
2023-07-28
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-10