H. MULLANEY & SON LIMITED

🌳Matureactive
01187578 · ltd · incorporated 1974-10-17
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 49.5y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
73/100
Strong
🔔
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What this business does
Primary activity: SIC 38110
Sector: Water supply & waste
ALSO REGISTERED FOR
  • 38210SIC 38210
  • 38320SIC 38320
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 73/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 49.5y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 49.5 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (78/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 3 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
4 officers (4 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
94 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£453k£907k£1.4m£1.8m£2.3mMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Total assets£2.63M
Current assets£685.0k
Cash£197.2k
Debtors£466.8k
Net assets£2.27M
Average employees28

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 signals 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

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2025-11-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-06-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2024-12-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-11-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-11-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-12-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2020-10-08
    📄
    second-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP04CS01
  8. 2020-08-06
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2020-06-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2019-07-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2018-09-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2018-08-08
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  13. 2018-08-08
    🔓
    Charge satisfied #1
  14. 2018-06-14
    📄
    capital-name-of-class-of-shares
    capital · SH08
  15. 2018-06-06
    📄
    resolution
    resolution · RESOLUTIONS
  16. 2017-09-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2004-06-18
    MULLANEY, Andrew appointed
    director
  18. 1977-01-07
    🔒
    Charge registered #1
    Lender: Barclays Bank LTD
  19. 1974-10-17
    🏢
    Company incorporated
    As H. MULLANEY & SON LIMITED

Owner dependency

98/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Founder name in company name: Company name contains director surname "MULLANEY" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 82 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

85/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 82 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 52 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-06-11

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr John Keith Mullaney
Individual · British · DOB 12/1944 · age 82
2550%
25–50%25-50% shares · 25-50% voting06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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

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 →
🔒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
Incorporated1974-10-17
Jurisdictionengland-wales
Primary SIC38110 — SIC 38110

Registered office

Brownedge Farm, Broadcarr Lane, Mossley Broadcarr Lane
Mossley
Ashton-Under-Lyne
OL5 0JL
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-06-11OVERDUE
Last: 2025-05-28

Officers (4 active · 0 resigned)

MULLANEY, Shirley
secretary
View their other companies + combined net worth →
Active
MULLANEY, Andrew
director · ~54y · appointed 2004-06-18
View their other companies + combined net worth →
Active
MULLANEY, Keith
director · ~82y
View their other companies + combined net worth →
Active
MULLANEY, Shirley
director · ~81y
View their other companies + combined net worth →
Active

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Barclays
Barclays Bank LTD
Legal charge1 property07/01/197708/08/2018

Recent filings (94 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-17
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-06-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-01
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2020-10-08
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2020-08-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-06-25