NORTH STAR DB HOLDINGS LIMITED

🏛️Establishedactive
SC691736 · ltd · incorporated 2021-03-10
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
not disclosed
Net worth
book net assets
Opportunity
66/100
Strong
🔔
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What this business does
Primary activity: Activities of other holding companies n.e.c.
Sector: Financial & insurance
Investor take
Pursue
Asset-holding vehicle. Reasonable fundamentals — worth a memo before deciding.

Opportunity 66/100 (strong), bankability 57/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: refinance and hold (40/100).

🏦

Refinance opportunity

11 live charges · 3 lenders · oldest 4.8y

15/100
too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

  • · Charge age ~4.8 years — mid-life; refi window approaching.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 48/100 (high).

Data confidence

Overall: medium (60/100)

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
No iXBRL financials extracted
0
Lenders & charges
11 charges (11/11 with lender, 11/11 with type)
90
Directors & officers
9 officers (4 active, 9 linked, 8 with DOB)
88
Ownership & PSC
2 active PSC(s) of 7 total, 7 with control declared
90
Director network
11 connected companies via shared directors
78
Filing history
68 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
66/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
55
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
5
filings
  • 2 officers
  • 2 persons-with-significant-control
  • 1 confirmation-statement
Last 180 days
5
filings
  • 2 officers
  • 2 persons-with-significant-control
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (52 events)Click to expand
  1. 2026-03-17
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2026-03-16
    BRADFORD, James resigned
    director
  3. 2026-03-12
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  4. 2026-03-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  5. 2026-02-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2026-01-30
    LANG, Joanna Marion appointed
    director
  7. 2025-09-18
    📄
    accounts-with-accounts-type-small
    accounts · AA
  8. 2025-08-29
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2025-08-29
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2025-08-29
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2025-08-01
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  12. 2025-08-01
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  13. 2025-06-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2025-05-28
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  15. 2025-05-28
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  16. 2025-02-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2025-02-13
    GORDON, Matthew James resigned
    director
  18. 2024-12-04
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2024-12-02
    TALMO, Gitte Gard appointed
    director
  20. 2024-09-23
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  21. 2024-09-06
    📄
    accounts-with-accounts-type-small
    accounts · AA
  22. 2024-05-02
    HOLDEN, Alan resigned
    director
  23. 2024-05-02
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  24. 2023-11-02
    BRADFORD, James appointed
    director
  25. 2023-11-02
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  26. 2023-09-20
    📄
    accounts-with-accounts-type-small
    accounts · AA
  27. 2023-04-04
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  28. 2022-10-04
    BURNESS PAULL LLP appointed
    corporate-secretary
  29. 2022-01-28
    JONES, Wil resigned
    director
  30. 2022-01-28
    O'HARA, Andrew Neil resigned
    director
  31. 2022-01-28
    🔓
    Charge satisfied #5
  32. 2022-01-12
    🔓
    Charge satisfied #4
  33. 2022-01-12
    🔓
    Charge satisfied #3
  34. 2022-01-12
    🔓
    Charge satisfied #2
  35. 2022-01-12
    🔓
    Charge satisfied #1
  36. 2021-12-20
    🔒
    Charge registered #11
    Lender: Lucid Trustee Services Limited (The Security Trustee)
  37. 2021-12-20
    🔒
    Charge registered #10
    Lender: Lucid Trustee Services Limited (The Security Trustee)
  38. 2021-12-20
    🔒
    Charge registered #9
    Lender: Lucid Trustee Services Limited (The Security Trustee)
  39. 2021-12-20
    🔒
    Charge registered #8
    Lender: Lucid Trustee Services Limited (The Security Trustee)
  40. 2021-12-20
    🔒
    Charge registered #7
    Lender: Lucid Trustee Services Limited (The Security Trustee)
  41. 2021-12-20
    🔒
    Charge registered #6
    Lender: Lucid Trustee Services Limited as Security Trustee
  42. 2021-07-22
    🔒
    Charge registered #5
    Lender: Lucid Trustee Services Limited as Security Trustee
  43. 2021-07-22
    🔒
    Charge registered #4
    Lender: Lucid Trustee Services Limited as Security Trustee for Itself and the Other Secured Parties
  44. 2021-07-22
    🔒
    Charge registered #3
    Lender: Lucid Trustee Services Limited as Security Trustee for Itself and the Other Secured Parties
  45. 2021-07-22
    🔒
    Charge registered #2
    Lender: Lucid Trustee Services Limited as Security Trustee for Itself and the Other Secured Parties
  46. 2021-07-22
    🔒
    Charge registered #1
    Lender: Lucid Trustee Services Limited as Security Trustee for Itself and the Other Secured Parties
  47. 2021-06-29
    DOBBIE, Fraser Robert appointed
    director
  48. 2021-03-10
    🏢
    Company incorporated
    As NORTH STAR DB HOLDINGS LIMITED
  49. 2021-03-10
    GORDON, Matthew James appointed
    director
  50. 2021-03-10
    HOLDEN, Alan appointed
    director
Showing most recent 50 of 52 events

Owner dependency

50/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

Succession & seller-readiness

30/100
Weak signal

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

Red flags

1 med · 1 low
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

6 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Group structure

2 corporate shareholders identified. Group structure is distributed.

🏛️
Kroll Trustee Services Limited
Corporate parent · holds 75-100% shares
ultimate parent
🏛️
North Star Midco Limited
Corporate parent · board control
NORTH STAR DB HOLDINGS LIMITED
This company · SC691736

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%
NameSharesVoting rightsNature of controlNotified
Kroll Trustee Services Limited
Corporate entity
75100%
75-100% shares12/05/2025
North Star Midco Limited
Corporate entity
75–100%board control75-100% voting · board control12/05/2025
5 historic (ceased) PSCs
  • North Star Midco Limitedceased 12/05/2025· 75-100% voting · board control
  • Kroll Nominees Limitedceased 23/02/2022· 75-100% shares
  • Lucid Nominees Limited (In Security)ceased 20/12/2021· 75-100% shares
  • North Star Midco Limitedceased 22/07/2021· 75-100% shares · 75-100% voting · board control
  • North Star Holdco Limitedceased 13/07/2021· 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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

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 →
🔒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
Incorporated2021-03-10
Jurisdictionscotland
Primary SIC64209 — Activities of other holding companies n.e.c.

Registered office

First Floor, Suite 3, Prime View
Prime Four Business Park
Kingswells
AB15 8PU
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-03-23
Last: 2026-03-09

Officers (4 active · 5 resigned)

BURNESS PAULL LLP
corporate-secretary · appointed 2022-10-04
View their other companies + combined net worth →
Active
DOBBIE, Fraser Robert
director · ~40y · appointed 2021-06-29
View their other companies + combined net worth →
Active
LANG, Joanna Marion
director · ~48y · appointed 2026-01-30
View their other companies + combined net worth →
Active
TALMO, Gitte Gard
director · ~54y · appointed 2024-12-02
View their other companies + combined net worth →
Active
BRADFORD, James
director · ~70y · appointed 2023-11-02 · resigned 2026-03-16
Resigned
GORDON, Matthew James
director · ~50y · appointed 2021-03-10 · resigned 2025-02-13
Resigned
HOLDEN, Alan
director · ~54y · appointed 2021-03-10 · resigned 2024-05-02
Resigned
JONES, Wil
director · ~40y · appointed 2021-03-10 · resigned 2022-01-28
Resigned
O'HARA, Andrew Neil
director · ~60y · appointed 2021-03-10 · resigned 2022-01-28
Resigned

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

Mortgages & charges

11
Total charges
6
Outstanding
2
Active lenders
Status:Lender:11 of 11 shown
TypeProperties
outstanding
Lucid Trustee Services (The Security Trustee)
Lucid Trustee Services Limited (The Security Trustee)
A registered charge20/12/2021
outstanding
Lucid Trustee Services (The Security Trustee)
Lucid Trustee Services Limited (The Security Trustee)
A registered charge20/12/2021
outstanding
Lucid Trustee Services (The Security Trustee)
Lucid Trustee Services Limited (The Security Trustee)
A registered charge20/12/2021
outstanding
Lucid Trustee Services (The Security Trustee)
Lucid Trustee Services Limited (The Security Trustee)
A registered charge20/12/2021
outstanding
Lucid Trustee Services (The Security Trustee)
Lucid Trustee Services Limited (The Security Trustee)
A registered charge20/12/2021
outstanding
Lucid Trustee Services as Security Trustee
Lucid Trustee Services Limited as Security Trustee
A registered charge1 property20/12/2021
satisfied
Lucid Trustee Services as Security Trustee
Lucid Trustee Services Limited as Security Trustee
A registered charge1 property22/07/202128/01/2022
satisfied
Lucid Trustee Services as Security Trustee for Itself and the Other Secured Parties
Lucid Trustee Services Limited as Security Trustee for Itself and the Other Secured Parties
A registered charge22/07/202112/01/2022
satisfied
Lucid Trustee Services as Security Trustee for Itself and the Other Secured Parties
Lucid Trustee Services Limited as Security Trustee for Itself and the Other Secured Parties
A registered charge22/07/202112/01/2022
satisfied
Lucid Trustee Services as Security Trustee for Itself and the Other Secured Parties
Lucid Trustee Services Limited as Security Trustee for Itself and the Other Secured Parties
A registered charge22/07/202112/01/2022
satisfied
Lucid Trustee Services as Security Trustee for Itself and the Other Secured Parties
Lucid Trustee Services Limited as Security Trustee for Itself and the Other Secured Parties
A registered charge22/07/202112/01/2022
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (68 total)

termination-director-company-with-name-termination-date
officers · TM01
2026-03-17
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2026-03-12
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2026-03-12
confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-12
appoint-person-director-company-with-name-date
officers · AP01
2026-02-03
accounts-with-accounts-type-small
accounts · AA
2025-09-18
change-person-director-company-with-change-date
officers · CH01
2025-08-29
change-person-director-company-with-change-date
officers · CH01
2025-08-29
change-person-director-company-with-change-date
officers · CH01
2025-08-29
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-08-01
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-08-01
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-06-02
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-05-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-05-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-09