UMEGA NEW HOMES LIMITED
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. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -41% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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 →Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £15.7k | £19.8k |
| Current assets | £29.6k | £49.5k |
| Cash | £26.0k | £44.0k |
| Debtors | £3.6k | £5.5k |
| Net assets | £15.7k | £19.8k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
1 signal 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
- • 3 persons-with-significant-control
- • 3 persons-with-significant-control
- • 1 confirmation-statement
- • 3 persons-with-significant-control
- • 1 confirmation-statement
Corporate timeline (18 events)Click to expand
- 2026-04-30📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-04-30📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-04-29📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-09-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-09-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-29📄change-person-director-company-with-change-dateofficers · CH01
- 2024-01-29📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-01-29📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-01-29📄change-person-director-company-with-change-dateofficers · CH01
- 2024-01-29📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-09-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-13📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2022-11-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-05-07📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2021-04-07🏢Company incorporatedAs UMEGA NEW HOMES LIMITED
- 2021-04-07➕MCINNES, Neil Andrew appointeddirector
- 2021-04-07➕WHITMEY, Andrew Robert appointeddirector
- 2021-04-07📄incorporation-companyincorporation · NEWINC
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +No director turnover: Company is 5 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Limited succession signal. Not a near-term off-market candidate.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanGroup structure
Umega Holding 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 |
|---|---|---|---|---|
Umega Holding Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 08/04/2021 |
2 historic (ceased) PSCs
- Mr Andrew Robert Whitmeyceased 07/04/2021· 25-50% shares · 25-50% voting · board control
- Mr Neil Andrew Mcinnesceased 07/04/2021· 25-50% shares · 25-50% 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.
See pricing →Similar companies
Active · Property · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| CODEBASE LTD→ SC437306 · est 2012 | — | £11.72M | — | 9600 | 13y | 84 | 60y |
| RETTIE & COMPANY LIMITED→ SC144330 · est 1993 | — | — | — | 179 | 33y | 87 | 66y |
| CARDROSS ESTATES LIMITED→ SC129609 · est 1991 | — | — | — | 0 | 35y | 85 | 63y |
| 10 CABOT SQUARE I UNIT TRUST LP LIMITED→ SC312220 · est 2006 | — | — | — | 0 | 19y | 83 | 61y |
| 10 CABOT SQUARE II UNIT TRUST LP LIMITED→ SC312226 · est 2006 | — | — | — | 0 | 19y | 83 | 61y |
| 1ST&68TH ENTERPRISES LTD→ SC245182 · est 2003 | — | — | — | 200 | 23y | 83 | 58y |
| 20 CABOT SQUARE I UNIT TRUST LP LIMITED→ SC312214 · est 2006 | — | — | — | 0 | 19y | 83 | 61y |
| 20 CABOT SQUARE II UNIT TRUST LP LIMITED→ SC312229 · est 2006 | — | — | — | 0 | 19y | 83 | 61y |
| BRUCE & COMPANY LIMITED→ SC190660 · est 1998 | — | — | — | 200 | 27y | 83 | 63y |
| BUCCLEUCH PROPERTY (NEWTOWN ST BOSWELLS) LIMITED→ SC341348 · est 2008 · no financials extracted | — | — | — | — | 18y | 83 | 61y |
| BUCCLEUCH PROPERTY (SHERIFFHALL SOUTH) LIMITED→ SC327090 · est 2007 · no financials extracted | — | — | — | — | 18y | 83 | 61y |
| WYLES PROPERTY GROUP LTD→ SC869076 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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.
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 (2 active · 0 resigned)
Click a director name to see their full track record across all companies.