NSES HOLDINGS LIMITED
Opportunity 71/100 (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
1 live charge · oldest 0.5y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Newest facility, 0.5 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (77/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
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 · FRS 102Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-09-30 | 2023-09-30 |
|---|---|---|
| Total assets | £764.0k | £764.0k |
| Current assets | £1 | £1 |
| Debtors | £1 | £1 |
| Net assets | £764.0k | £764.0k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
- • 3 confirmation-statement
- • 2 persons-with-significant-control
- • 2 address
Corporate timeline (28 events)Click to expand
- 2026-01-16📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2026-01-08📄change-person-director-company-with-change-dateofficers · CH01
- 2026-01-08📄replacement-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP01CS01
- 2026-01-07📄withdrawal-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC09
- 2025-10-31📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-10-31📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-10-30📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-10-25📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-10-22🔒Charge registered #1Lender: Bank of Scotland
- 2025-07-03📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-08-19📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-05-03📄capital-name-of-class-of-sharescapital · SH08
- 2024-05-01📄memorandum-articlesincorporation · MA
- 2024-05-01📄resolutionresolution · RESOLUTIONS
- 2024-05-01📄notification-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC08
- 2024-05-01📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-05-01📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-05-01📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-05-01📄capital-allotment-sharescapital · SH01
- 2024-05-01📄change-person-director-company-with-change-dateofficers · CH01
- 2023-06-15📄memorandum-articlesincorporation · MA
- 2023-06-15📄resolutionresolution · RESOLUTIONS
- 2022-12-19➕GREEN, Karl Neil appointeddirector
- 2022-12-19➖GREEN, Karl Neil resigneddirector
- 2022-12-19➕GLOBAL DESIGN INNOVATION LTD appointedcorporate-director
- 2022-12-19➖GLOBAL DESIGN INNOVATION LTD resignedcorporate-director
- 2022-11-29🏢Company incorporatedAs NSES HOLDINGS LIMITED
- 2022-11-29➕MACANGUS, Scott David appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Sole director: Only one active director — all governance concentrated on one person.
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
1 lowMultiple address changes in a short period can indicate operational instability or admin disorder.
Group structure
Afmac Holdings 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 |
|---|---|---|---|---|
Afmac Holdings Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 02/10/2025 |
3 historic (ceased) PSCs
- Mr Karl Neil Greenceased 26/04/2024· 25-50% voting
- Mr Gareth James Mcintyreceased 26/04/2024· 25-50% voting
- Mr Gianni Peter Brookeceased 26/04/2024· 25-50% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
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|---|---|---|---|---|---|---|---|
| ROWETT RESEARCH INSTITUTE (THE)→ SC037444 · est 1962 · no financials extracted | — | — | — | — | 64y | — | — |
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| SAVANT FINANCIAL (HOLDINGS) LIMITED→ SC780809 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| SCOTT’S RIGGING & LIFTING LTD→ SC745459 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| SEAFORTH MARITIME LIMITED→ SC217222 · est 2001 · no financials extracted | — | — | — | — | 25y | — | — |
| SEAGATE FABRICATION HOLDINGS LTD→ SC873277 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| SHELL TRUSTEE SOLUTIONS LIMITED→ SC053009 · est 1973 · no financials extracted | — | — | — | — | 52y | — | — |
| SIRIUS FISHING COMPANY LTD→ SC854542 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| STEADVALE TURBOCHARGERS (ABERDEEN) LIMITED→ SC074475 · est 1981 · no financials extracted | — | — | — | — | 45y | — | — |
| STOREGGA ACORN HOLDINGS LIMITED→ SC453338 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| STRONVAR AEROSPACE UK LIMITED→ SC838488 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
8 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 · 2 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Bank of Scotland | A registered charge | 1 property | 22/10/2025 | — |