N2 HEALTHCARE LTD

🌱Startupactive
SC872166 · ltd · incorporated 2025-12-09
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
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Turnover
not disclosed
Net worth
book net assets
Opportunity
70/100
Strong
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What this business does
Primary activity: Dispensing chemist in specialised stores
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 70/100 (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 (58/100).

🏦

Refinance opportunity

3 live charges · oldest 0.1y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Newest facility, 0.1 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (58/100)

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
3 charges (3/3 with lender, 3/3 with type)
90
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
5 connected companies via shared directors
60
Filing history
4 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
2
filings
  • 2 mortgage
Last 90 days
3
filings
  • 3 mortgage
Last 180 days
4
filings
  • 3 mortgage
  • 1 incorporation
Counts from Companies House filing history.
Corporate timeline (10 events)Click to expand
  1. 2026-04-17
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  2. 2026-04-17
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  3. 2026-03-31
    🔒
    Charge registered #3
    Lender: Bank of Scotland PLC
  4. 2026-03-27
    🔒
    Charge registered #2
    Lender: Bank of Scotland PLC
  5. 2026-03-25
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  6. 2026-03-25
    🔒
    Charge registered #1
    Lender: Bank of Scotland PLC
  7. 2025-12-09
    🏢
    Company incorporated
    As N2 HEALTHCARE LTD
  8. 2025-12-09
    JOHNSON, Nathan Glen appointed
    director
  9. 2025-12-09
    PARAOUTY, Muhammad Naim appointed
    director
  10. 2025-12-09
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

63/100
High — earn-out structure required

Material 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.
  • +Young company: Only 0.4 years old — management layer unlikely to be developed.

Succession & seller-readiness

36/100
Weak signal

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

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 med ·
3 new charges in last 12 months
medium

Heavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.

Evidence: 2026-03-31: A registered charge; 2026-03-27: A registered charge; 2026-03-25: A registered charge

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Muhammad Naim Paraouty
Individual · British · DOB 10/1994 · age 32
2550%
25–50%board control25-50% shares · 25-50% voting · board control09/12/2025
Mr Nathan Glen Johnson
Individual · British · DOB 03/1993 · age 33
2550%
25–50%board control25-50% shares · 25-50% voting · board control09/12/2025

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.

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

9 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.

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Company details

Statusactive
Typeltd
Incorporated2025-12-09
Jurisdictionscotland
Primary SIC47730 — Dispensing chemist in specialised stores

Registered office

19 Main Street
Wishaw
ML2 7AF
Scotland

Filing status

Accounts
Next due: 2027-09-09
Last made up to:
Confirmation statement
Next due: 2026-12-22
Last:

Officers (2 active · 0 resigned)

JOHNSON, Nathan Glen
director · ~33y · appointed 2025-12-09
View their other companies + combined net worth →
Active
PARAOUTY, Muhammad Naim
director · ~32y · appointed 2025-12-09
View their other companies + combined net worth →
Active

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

Mortgages & charges

3
Total charges
3
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge31/03/2026
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge27/03/2026
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge25/03/2026
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (4 total)

mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-04-17
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-04-17
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-03-25
incorporation-company
incorporation · NEWINC
2025-12-09