CRAIGAVON TV NORTH-EAST LTD
💤Zombieactive
04345436 · ltd · incorporated 2001-12-24
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2025
Net worth
£-17.7k
book net assets
Opportunity
73/100
Strong
What this business does
Primary activity: SIC 33140
Sector: Manufacturing
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 73/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: distressed disposal / insolvency (65/100).
🏦
Refinance opportunity
1 live charge · oldest 22.6y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 22.6 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 1 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
6 officers (2 active, 6 linked, 3 with DOB)
80
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
8 connected companies via shared directors
69
Filing history
67 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
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £17,735
Cash YoY
+19%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£11k
↑ 19% YoY
Net Worth
-£18k
↓ 4.3% YoY
Current Assets
£105k
↑ 56% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Total assets | £8.4k | £-11.6k |
| Current assets | £104.5k | £67.2k |
| Cash | £10.6k | £8.9k |
| Debtors | £92.9k | £56.4k |
| Net assets | £-17.7k | £-17.0k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
1 signal 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
1
filing
- • 1 change-of-name
Last 90 days
6
filings
- • 3 officers
- • 2 persons-with-significant-control
- • 1 change-of-name
Last 180 days
7
filings
- • 3 officers
- • 2 persons-with-significant-control
- • 1 change-of-name
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
- 2026-07-02✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2026-06-24📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-06-23📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-06-20📄termination-secretary-companyofficers · TM02
- 2026-06-19📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2026-06-19📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-06-18➕PATTERSON, Roger appointeddirector
- 2026-06-18➖SMITH, Donald Butler resigneddirector
- 2026-03-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-09-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-09-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-09-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-03-04📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-03-04📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-09-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-10-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-09-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-08-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-08-18➖BINELLI, David Mark resigneddirector
- 2004-01-05🔒Charge registered #1Lender: National Westminster Bank PLC
- 2001-12-25➕SMITH, Donald Butler appointedsecretary
- 2001-12-25➕BINELLI, David Mark appointeddirector
- 2001-12-25➕SMITH, Donald Butler appointeddirector
- 2001-12-24🏢Company incorporatedAs CRAIGAVON TV NORTH-EAST LTD
- 2001-12-24➕BTC (SECRETARIES) LIMITED appointedcorporate-secretary
- 2001-12-24➖BTC (SECRETARIES) LIMITED resignedcorporate-secretary
- 2001-12-24➕BTC (DIRECTORS) LTD appointedcorporate-director
- 2001-12-24➖BTC (DIRECTORS) LTD resignedcorporate-director
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
45/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
1 med ·Name changed recently
mediumName changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.
Evidence: 2026-07-02: certificate-change-of-name-company
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Roger Patterson Individual · British · DOB 07/1971 · age 55 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 18/06/2026 |
2 historic (ceased) PSCs
- Mr Don Butler Smithceased 18/06/2026· 75-100% shares · 75-100% voting · board control
- Mr David Mark Binelliceased 20/02/2022· 25-50% shares · 25-50% voting
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.
See pricing →Similar companies
Active · Manufacturing · YO postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| CRANK TEC LTD→ 11418882 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| CROFT LOGS LTD→ 14267694 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| CROWN CHAINS LIMITED→ 10763375 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| D A OLDFIELD LIMITED→ 03178882 · est 1996 · no financials extracted | — | — | — | — | 30y | — | — |
| D&A GIFTS LTD→ 15670714 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| DAKK ENGINEERING LIMITED→ 08683029 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| DALES WINDOWS LIMITED→ 04954016 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| DALLOL HUMBER LIMITED→ 13242626 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| DAVID COOPER BLACKSMITHS LIMITED→ 06910171 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| DAVIES AND BEGBIE LTD→ 05612299 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| DAYWARD SERVICES LIMITED→ 04499827 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| DC LIFT INSTALLATIONS LIMITED→ 08505870 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
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
Incorporated2001-12-24
Jurisdictionengland-wales
Primary SIC33140 — SIC 33140
Registered office
2 Clifton Moor Business Village
James Nicolson Link
York
North Yorkshire
YO30 4XG
Filing status
Accounts
Next due: 2027-09-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2027-01-07
Last: 2025-12-24
Officers (2 active · 4 resigned)
SMITH, Donald Butler→
Activesecretary · appointed 2001-12-25
View their other companies + combined net worth →
PATTERSON, Roger→
Activedirector · ~55y · appointed 2026-06-18
View their other companies + combined net worth →
BTC (SECRETARIES) LIMITED→
Resignedcorporate-secretary · appointed 2001-12-24 · resigned 2001-12-24
BINELLI, David Mark→
Resigneddirector · ~65y · appointed 2001-12-25 · resigned 2017-08-18
SMITH, Donald Butler→
Resigneddirector · ~65y · appointed 2001-12-25 · resigned 2026-06-18
BTC (DIRECTORS) LTD→
Resignedcorporate-director · appointed 2001-12-24 · resigned 2001-12-24
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | National Westminster Bank National Westminster Bank PLC | Debenture | 1 property | 05/01/2004 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (67 total)
certificate-change-of-name-company
change-of-name · CERTNM
2026-07-02
termination-director-company-with-name-termination-date
officers · TM01
2026-06-24
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-06-23
termination-secretary-company
officers · TM02
2026-06-20
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-06-19
appoint-person-director-company-with-name-date
officers · AP01
2026-06-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-14
confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-10
confirmation-statement-with-updates
confirmation-statement · CS01
2024-12-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-21
confirmation-statement-with-updates
confirmation-statement · CS01
2023-12-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-21
confirmation-statement-with-updates
confirmation-statement · CS01
2022-12-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-03