NORTH 56 LIMITED
🌿Early-stageactive
SC748237 · ltd · incorporated 2022-10-24
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: SIC 52220
Sector: Transportation & storage
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 76/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. 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 (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
10 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 |
|---|---|
| Average employees | 200 |
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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (10 events)Click to expand
- 2025-07-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-02-07📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2024-09-06📄accounts-amended-with-accounts-type-micro-entityaccounts · AAMD
- 2024-08-05📄capital-name-of-class-of-sharescapital · SH08
- 2024-07-31📄resolutionresolution · RESOLUTIONS
- 2024-05-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-10-24🏢Company incorporatedAs NORTH 56 LIMITED
- 2022-10-24➕MCLEAN, Julie Karen appointeddirector
- 2022-10-24➕MCLEAN, Keith Alexander, Captain appointeddirector
- 2022-10-24📄incorporation-companyincorporation · NEWINC
Owner dependency
74/100
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.
- +Senior director age: Director aged approximately 64 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
56/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Julie Karen Mclean Individual · British · DOB 10/1962 · age 64 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 24/10/2022 |
Captain Keith Alexander Mclean Individual · British · DOB 04/1962 · age 64 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 24/10/2022 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Transport & logistics · FK postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| DGS PLANT LTD→ SC843339 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| MEISHA LTD→ SC878717 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| MILLAR INTERNATIONAL FREIGHT TRANSPORT LIMITED→ SC126477 · est 1990 · no financials extracted | — | — | — | — | 35y | — | — |
| MILLERS TAXIS (SCOTLAND) LIMITED→ SC527349 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| OLLIE RECOVERY LIMITED→ SC565620 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| P&P TRANSPORT LTD→ SC751240 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| PINWHEEL LOGISTICS LTD→ SC677063 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| POLYMER LOGISTICS SCOTLAND LTD.→ SC192213 · est 1998 · no financials extracted | — | — | — | — | 27y | — | — |
| PRESTIGE CAR CARRIERS LTD→ SC827998 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| PT TRANSPORT (FALKIRK) LTD→ SC713100 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| QUINN MCTURK & CO→ SC718381 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| RALES LOGISTICS AND OFFSHORE SERVICES LTD→ SC678120 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
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
Incorporated2022-10-24
Jurisdictionscotland
Primary SIC52220 — SIC 52220
Registered office
1 Balmyle Grove
Dunblane
FK15 0QB
Scotland
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-08-19
Last: 2025-08-05
Officers (2 active · 0 resigned)
MCLEAN, Julie Karen→
Activedirector · ~64y · appointed 2022-10-24
View their other companies + combined net worth →
MCLEAN, Keith Alexander, Captain→
Activedirector · ~64y · appointed 2022-10-24
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (10 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-08
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-23
change-account-reference-date-company-current-extended
accounts · AA01
2025-02-07
accounts-amended-with-accounts-type-micro-entity
accounts · AAMD
2024-09-06
confirmation-statement-with-updates
confirmation-statement · CS01
2024-08-05
capital-name-of-class-of-shares
capital · SH08
2024-08-05
resolution
resolution · RESOLUTIONS
2024-07-31
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-27
incorporation-company
incorporation · NEWINC
2022-10-24