Static prototype · demo data only · no real companies, no live sources, no backend
InnovateXperts AcquiScope

Opportunity · sourced from companies_house + manual

Northgate Facilities Services Ltd

Commercial facilities management, Watford. Contracted cleaning, M&E maintenance and grounds work for regional commercial landlords.

Asking price

£1,850,000

Broker provided

Platform equity value

£1,597,680

Platform calculation

Maximum recommended

£1,740,000

Bound by the 1.5× DSCR floor

Quality score

72 11 weighted components

Recommendation: attractive only below £1,740,000. The asking price sits 15.8% above the platform base equity value, and at that price year-one debt service cover falls to 1.37×, below the 1.5× floor. The model was not adjusted to reach it.

Next best action: request management accounts for the current year to date, and confirm the owner's operational duties in writing before any offer is framed.

Section 5.3

Companies House entity match

87

Match confidence 87 / 100

Above the confidence floor of 70. Entity attached.

Legal name
Northgate Facilities Services Limited
Trading name
Northgate FM
Company number
09912345 Verified
Status
Active
Incorporated
14 March 2016
Registered office
Watford, Hertfordshire WD17
SIC codes
81210 · 81300 · 43220
Directors
2 active, longest serving since incorporation
PSCs
1, holding 75% or more of shares
Filing history
Accounts filed on time in each of the last 6 years
Charges
1 outstanding, registered 2021, asset finance
Accounts filed
Abridged to 31 March 2025, small company exemption

Personal data on directors and PSCs is processed on a documented lawful basis, minimised to what the match needs, and never exported beyond the platform.

Stored, not just scored

Match evidence

EvidenceWeightScoreBasis
Name similarity2524"Northgate Facilities Services" against the registered name, token-set ratio 0.96
Sector alignment2020Listing sector maps to SIC 81210
Location alignment1514Listing says Watford, registered office WD17
Turnover band1512Listing £4.1m, filed turnover £4,120,000
Incorporation plausibility109Listing claims "trading 10 years", incorporated 2016
Director corroboration158Broker names a managing director first name only. Partial match.
Total10087

Below the configurable floor of 70 the entity is not attached at all. The opportunity flags for operator review instead. Where the seller is confidential and no defensible match exists, the record reads SELLER IDENTITY WITHHELD PENDING NDA / BUYER QUALIFICATION. The platform never guesses a company identity.

Listing detail

Source
Operator manual entry, 18 Aug 2026 Broker provided
Listing age
34 days
Asking price
£1,850,000 Broker
Reason for sale
Owner retirement, stated Seller
Employees
61 (48 operational, 13 office) Seller
Premises
Leased depot, 6 years remaining, break at year 3 Seller
Online or physical
Physical
Geography score modifier
+3 (commutable from London)

Open information gaps

Customer contract expiry profile. Contracted revenue is stated at 68% but the expiry ladder is not disclosed. Ask the seller: what proportion of contracted revenue expires or comes up for retender in each of the next 24 months?
Owner's operational duties. Two days a week is asserted. Nothing corroborates the split between oversight and delivery. Ask the seller: which operational responsibilities sit with the owner today, and who covers them during a four-week absence?
Current-year trading. The last filed accounts run to 31 March 2025. Five months of the current year are unevidenced. Ask the seller: management accounts for April to August 2026, with a monthly P&L.
Dilapidations exposure. A provision of £35,000 sits in the EV bridge on a platform estimate, not a survey. Ask the seller: the most recent dilapidations assessment for the depot lease.

Gaps render as gaps. No section of the report fills one with plausible prose.

Actions

Stage 1 deck Stage 2 report PDF report Request approval to contact broker

Contacting the broker routes through the approval gate. In Phase 1 the gate exists and refuses, because no outbound channel is wired.

AcquiScope produces analysis and modelling, not regulated investment advice. Figures require independent verification and professional due diligence before any offer. Northgate Facilities Services Ltd is an invented business used to demonstrate the prototype. The company number shown is not a real registration.