DEVENISH NUTRITION LIMITED
🌳Matureactive
NI003138 · ltd · incorporated 1952-09-18
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: SIC 10910
Sector: Manufacturing
Investor take
PursueActive trading company with a 66-year-old founder — textbook succession opportunity.
Opportunity 72/100 (strong), bankability 57/100. Strong seller-intent signal (68/100, director aged 66). Biggest value-creation lever: Consolidate lender relationships. 13 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (53/100).
🏦
Refinance opportunity
29 live charges · 10 lenders · oldest 50.1y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 50.1 years old — likely at or near maturity.
- · 10 lenders named — inter-creditor friction likely.
- · Legal-friction score 53/100 (high).
Data confidence
Overall: medium (60/100)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
29 charges (29/29 with lender, 29/29 with type)
90
Directors & officers
29 officers (2 active, 29 linked, 26 with DOB)
88
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
315 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
66
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
2
filings
- • 1 accounts
- • 1 confirmation-statement
Last 180 days
3
filings
- • 2 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (120 events)Click to expand
- 2026-03-04📄accounts-with-accounts-type-fullaccounts · AA
- 2025-08-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-08-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-08-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-08-01🔒Charge registered #29Lender: Fgi Worldwide Llc
- 2025-08-01🔒Charge registered #28Lender: Fgi Worldwide Llc
- 2025-08-01🔒Charge registered #27Lender: Fgi Worldwide Llc
- 2025-04-25📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-01-27📄accounts-with-accounts-type-fullaccounts · AA
- 2024-10-03📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-09-30➖MCLAUGHLIN, Patrick Anthony resigneddirector
- 2024-06-06📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-06-06📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-06-04➖O'TOOLE, Aidan resigneddirector
- 2024-05-31➖WALLACE, Peter Francis resigneddirector
- 2024-04-18📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-04-18📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-04-18📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-04-18📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-04-18📄mortgage-charge-part-both-with-charge-numbermortgage · MR05
- 2024-04-18🔓Charge satisfied #26
- 2024-04-18🔓Charge satisfied #25
- 2024-04-18🔓Charge satisfied #23
- 2024-04-18🔓Charge satisfied #22
- 2024-03-14📄accounts-with-accounts-type-fullaccounts · AA
- 2023-12-20➖SHEEHY, Morgan Raphael resigneddirector
- 2023-11-06📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-10-09➕MC ENTEE, Paul Anthony appointeddirector
- 2023-05-31📄accounts-with-accounts-type-fullaccounts · AA
- 2023-05-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-05-03➖ATTERBURY, Ian William resigneddirector
- 2022-10-06📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-10-06📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-09-26➕ATTERBURY, Ian William appointeddirector
- 2022-09-26➖KENNEDY, Richard resigneddirector
- 2022-09-26➕WALLACE, Peter Francis appointeddirector
- 2022-08-12🔓Charge satisfied #19
- 2022-08-12🔓Charge satisfied #18
- 2022-08-12🔓Charge satisfied #17
- 2022-08-12🔓Charge satisfied #16
- 2022-08-05🔒Charge registered #26Lender: European Investment Bank
- 2022-08-05🔒Charge registered #25Lender: European Investment Bank
- 2022-08-05🔒Charge registered #24Lender: Fgi Worldwide Llc
- 2022-08-05🔒Charge registered #23Lender: European Investment Bank
- 2022-08-05🔒Charge registered #22Lender: European Investment Bank
- 2022-08-05🔒Charge registered #21Lender: Fgi Worldwide Llc
- 2022-08-05🔒Charge registered #20Lender: Fgi Worldwide Llc
- 2022-01-31➖FINNEGAN, Gerard resigneddirector
- 2021-05-24🔒Charge registered #19Lender: National Westminster Bank Public Limited Company
- 2021-01-21➖OWENS, Bronagh, Dr resigneddirector
Showing most recent 50 of 120 events
Owner dependency
73/100
High — earn-out structure requiredMaterial 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.
- +Founder age: Director aged approximately 66 — succession pressure is live.
Succession & seller-readiness
56/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
2 med · 1 low3 new charges in last 12 months
mediumHeavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.
Evidence: 2025-08-01: A registered charge; 2025-08-01: A registered charge; 2025-08-01: A registered charge
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
6 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Group structure
Devenish Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Devenish Holdings Limited
Corporate parent · holds 75-100% shares
⬇
DEVENISH NUTRITION LIMITED
This company · NI003138
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 |
|---|---|---|---|---|
Devenish Holdings Limited Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 06/04/2016 |
1 historic (ceased) PSC
- Devenish (Ni) Limitedceased 06/04/2016· 75-100% shares
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 · Food & drink · BT postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AVONDALE FOODS (CRAIGAVON) LIMITED→ NI015099 · est 1981 | £28.26M £20.83M–£35.70M | — | — | 570 | 44y | 88 | 80y |
| MCKEOWN FINE FOODS LIMITED→ NI033660 · est 1998 | £16.23M £11.96M–£20.50M | £24.93M | — | 12300 | 28y | 90 | 53y |
| SCOTTS BAKERY LIMITED→ NI043594 · est 2002 | £14.57M £10.74M–£18.41M | £39.89M | — | 26100 | 23y | 87 | 61y |
| C & O MILLIGAN (N.I.) LIMITED→ NI034232 · est 1998 | £13.64M £10.05M–£17.23M | £13.50M | — | 1400 | 28y | 87 | 82y |
| CRUST & CRUMB BAKERY LTD→ NI608062 · est 2011 | £9.31M £6.86M–£11.76M | £93.16M | — | 25700 | 14y | 85 | 76y |
| JOHN WOODS (LISGLYN) LIMITED→ NI006498 · est 1965 | £8.05M £5.93M–£10.17M | £18.92M | — | 8900 | 60y | 91 | 85y |
| T.J. BOOTH & SONS LIMITED→ NI014628 · est 1980 | £8.02M £5.91M–£10.13M | £28.44M | — | 1900 | 45y | 87 | 80y |
| CHESTNUTT ANIMAL FEEDS LIMITED→ NI602522 · est 2010 | £4.22M £3.11M–£5.33M | — | — | 2800 | 16y | 87 | 67y |
| DOHERTY & GRAY LIMITED→ NI037742 · est 2000 | £1.85M £1.36M–£2.33M | £54.04M | — | 9200 | 26y | 100 | 63y |
| PUNJANA LIMITED→ NI003724 · est 1956 | £1.46M £1.08M–£1.85M | £13.41M | — | 4800 | 69y | 96 | 73y |
| PATTON'S BAKERY LIMITED→ NI607679 · est 2011 | — | — | — | 5000 | 14y | 89 | 52y |
| ELLIOTT'S TRADITION LIMITED→ NI055163 · est 2005 | — | — | — | 1800 | 21y | 87 | 84y |
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.
See pricing →Company details
Statusactive
Typeltd
Incorporated1952-09-18
Jurisdictionnorthern-ireland
Primary SIC10910 — SIC 10910
Registered office
96 Duncrue Street
Belfast
Antrim
BT3 9AR
Northern Ireland
Filing status
Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2027-03-14
Last: 2026-02-28
Officers (2 active · 27 resigned)
Active
MC ENTEE, Paul Anthony→
Activedirector · ~62y · appointed 2023-10-09
View their other companies + combined net worth →
GLENN, Rhonda Nancy→
Resignedsecretary · resigned 2006-02-28
GLENN, Rhonda Nancy→
Resignedsecretary · resigned 2006-04-04
WALLACE, Peter→
Resignedsecretary · appointed 2006-06-01 · resigned 2020-03-10
ATTERBURY, Ian William→
Resigneddirector · ~51y · appointed 2022-09-26 · resigned 2023-05-03
CARSON, Graeme John→
Resigneddirector · ~69y · resigned 1999-12-31
CASSERLEY, Michael→
Resigneddirector · ~72y · resigned 2007-12-05
CORSCADDEN, Alastair P→
Resigneddirector · ~86y · resigned 2003-09-01
FINNEGAN, Gerard→
Resigneddirector · ~64y · appointed 2011-11-14 · resigned 2022-01-31
FULTON, Robert John→
Resigneddirector · ~91y · resigned 2001-06-01
HAMILTON, Ann Margaret→
Resigneddirector · ~62y · appointed 2011-11-14 · resigned 2019-12-31
HENRY, Richard Wallace, Dr→
Resigneddirector · ~67y · appointed 2003-10-22 · resigned 2006-04-30
HENRY, Wallace, Dr.→
Resigneddirector · ~67y · resigned 2003-09-01
JORDAN, Kevin→
Resigneddirector · ~73y · resigned 2003-04-09
KENNEDY, Richard→
Resigneddirector · ~61y · appointed 2011-11-14 · resigned 2022-09-26
KENNEDY, Richard→
Resigneddirector · ~61y · appointed 2006-05-01 · resigned 2006-06-30
MACATEER, Donal→
Resigneddirector · ~58y · appointed 2014-02-01 · resigned 2020-05-25
MAGUIRE, Michael Francis→
Resigneddirector · ~64y · appointed 2006-05-01 · resigned 2012-09-21
MCCOTTER, Colm Noel→
Resigneddirector · ~68y · appointed 2006-05-01 · resigned 2020-03-10
Click a director name to see their full track record across all companies.
Mortgages & charges
29
Total charges
6
Outstanding
1
Active lenders
Status:Lender:29 of 29 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Fgi Worldwide Fgi Worldwide Llc | A registered charge | — | 01/08/2025 | — | |
| outstanding | Fgi Worldwide Fgi Worldwide Llc | A registered charge | — | 01/08/2025 | — | |
| outstanding | Fgi Worldwide Fgi Worldwide Llc | A registered charge | — | 01/08/2025 | — | |
| satisfied | European Investment Bank | A registered charge | 1 property | 05/08/2022 | 18/04/2024 | |
| satisfied | European Investment Bank | A registered charge | 1 property | 05/08/2022 | 18/04/2024 | |
| outstanding | Fgi Worldwide Fgi Worldwide Llc | A registered charge | 1 property | 05/08/2022 | — | |
| satisfied | European Investment Bank | A registered charge | 1 property | 05/08/2022 | 18/04/2024 | |
| satisfied | European Investment Bank | A registered charge | 1 property | 05/08/2022 | 18/04/2024 | |
| outstanding | Fgi Worldwide Fgi Worldwide Llc | A registered charge | — | 05/08/2022 | — | |
| outstanding | Fgi Worldwide Fgi Worldwide Llc | A registered charge | — | 05/08/2022 | — | |
| satisfied | National Westminster Bank Public Company National Westminster Bank Public Limited Company | A registered charge | — | 24/05/2021 | 12/08/2022 | |
| satisfied | National Westminster Bank Public Company National Westminster Bank Public Limited Company | A registered charge | 1 property | 22/05/2020 | 12/08/2022 | |
| satisfied | National Westminster Bank Public Company National Westminster Bank Public Limited Company | A registered charge | — | 22/05/2020 | 12/08/2022 | |
| satisfied | National Westminster Bank Public Company National Westminster Bank Public Limited Company | A registered charge | — | 03/08/2018 | 12/08/2022 | |
| satisfied | The Governor and Company of the Bank of Ireland | A registered charge | 1 property | 04/12/2014 | 08/08/2018 | |
| satisfied | Bank of Ireland (UK) Bank of Ireland (UK) PLC | A registered charge | 1 property | 16/10/2013 | 08/08/2018 | |
| satisfied | Bank of Ireland (UK) Bank of Ireland (UK) PLC | A registered charge | — | 16/10/2013 | 08/08/2018 | |
| satisfied | Bank of Ireland (UK) Bank of Ireland (UK) PLC | A registered charge | 1 property | 16/10/2013 | 08/08/2018 | |
| satisfied | Bank of Ireland (UK) / The Governor and Company of the Bank of Ireland Bank of Ireland (UK) PLC / The Governor and Company of the Bank of Ireland | A registered charge | 1 property | 18/04/2013 | 08/08/2018 | |
| satisfied | Square North / The Governor And / Of Ireland Donegall | Mortgage or charge | 1 property | 08/09/2003 | 08/08/2018 | |
| satisfied | The Governor And / Of Ireland Lower / Dublin 2 | Mortgage or charge | 2 properties | 01/09/2003 | 08/08/2018 | |
| satisfied | Bank of Ireland | Mortgage or charge | 1 property | 05/07/2000 | 08/08/2018 | |
| satisfied | Bank of Ireland | Mortgage or charge | 1 property | 05/07/2000 | 08/08/2018 | |
| satisfied | Northern Bank Northern Bank LTD | Mortgage or charge | 1 property | 27/11/1997 | 19/01/2012 | |
| satisfied | Northern Bank Northern Bank LTD | Mortgage or charge | 1 property | 27/11/1997 | 19/01/2012 | |
| satisfied | Bank of Ireland | Mortgage or charge | 1 property | 01/02/1993 | 13/01/1998 | |
| satisfied | Bank of Ireland | Mortgage or charge | 2 properties | 25/11/1983 | 13/01/1998 | |
| satisfied | Bank of Ireland | Mortgage or charge | 1 property | 16/04/1980 | 13/01/1998 | |
| satisfied | NatWest Group Ulster Bank LTD | Mortgage or charge | 1 property | 29/03/1976 | 19/01/2012 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (315 total)
accounts-with-accounts-type-full
accounts · AA
2026-03-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-02
confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-05
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-08-05
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-08-05
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-08-05
termination-director-company-with-name-termination-date
officers · TM01
2025-04-25
accounts-with-accounts-type-full
accounts · AA
2025-01-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-10
termination-director-company-with-name-termination-date
officers · TM01
2024-10-03
termination-director-company-with-name-termination-date
officers · TM01
2024-06-06
termination-director-company-with-name-termination-date
officers · TM01
2024-06-06
mortgage-satisfy-charge-full
mortgage · MR04
2024-04-18
mortgage-satisfy-charge-full
mortgage · MR04
2024-04-18
mortgage-satisfy-charge-full
mortgage · MR04
2024-04-18