HOME BY NICO LTD
Opportunity 73/100 (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 (58/100).
Refinance opportunity
2 live charges · 2 lenders · oldest 4.8y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Charge age ~4.8 years — mid-life; refi window approaching.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (58/100)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.
Recent activity
- • 1 confirmation-statement
- • 1 confirmation-statement
Corporate timeline (24 events)Click to expand
- 2025-04-01📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2025-04-01📄legacyaccounts · PARENT_ACC
- 2025-04-01📄legacyother · GUARANTEE2
- 2025-04-01📄legacyother · AGREEMENT2
- 2025-02-07📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-04-10📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2024-04-10📄legacyaccounts · PARENT_ACC
- 2024-04-10📄legacyother · AGREEMENT2
- 2024-04-10📄legacyother · GUARANTEE2
- 2023-02-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-02-01📄legacyaccounts · PARENT_ACC
- 2023-02-01📄legacyother · GUARANTEE2
- 2023-02-01📄legacyother · AGREEMENT2
- 2023-01-24📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2022-05-31📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2022-03-31📄accounts-with-accounts-type-smallaccounts · AA
- 2022-02-04📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-02-04🔓Charge satisfied #1
- 2022-01-31📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-01-26🔒Charge registered #2Lender: Tc Security Trustee Limited as Security Trustee
- 2021-07-20📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-07-14🔒Charge registered #1Lender: Tc Loans Limited as the Security Trustee of the Secured Parties
- 2020-05-13🏢Company incorporatedAs HOME BY NICO LTD
- 2020-05-13➕SIMEONE, Nico Carlo appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanGroup structure
Home-X Labs Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Home-X Labs Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 28/09/2020 |
1 historic (ceased) PSC
- Nico Carlo Simeoneceased 28/09/2020· 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.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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| SCOTWELD GROUP SERVICES LIMITED→ SC183317 · est 1998 | £1.85M £1.58M–£2.13M | — | £1.85M | — | 28y | 83 | 74y |
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| A FORSYTH HOLDINGS LTD.→ SC249579 · est 2003 | £328.7k £279.4k–£378.0k | — | £328.7k | — | 22y | 82 | 63y |
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| MARITIME TRUSTEES LIMITED→ SC033519 · est 1958 | £116 £99–£133 | — | £116 | — | 67y | 83 | 71y |
| SARTI (WELLINGTON ST.) LIMITED→ SC272255 · est 2004 | £99 £84–£114 | — | £99 | — | 21y | 83 | 64y |
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7 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.
See pricing →Company details
Registered office
Filing status
Officers (1 active · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| 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 |