JAMES F MCCUE LIMITED

📈Growthactive
NI005090 · ltd · incorporated 1961-11-20
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 53.9y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
£44.45M
year to Nov 2024
Net worth
book net assets
Opportunity
83/100
Exceptional
🔔
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What this business does
Primary activity: Manufacture of office and shop furniture
Sector: Manufacturing
ALSO REGISTERED FOR
  • 41201Construction of commercial buildings
  • 43320Joinery installation
Investor take
Pursue
Active trading company with a 65-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 65). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: strategic trade sale (78/100).

🏦

Refinance opportunity

4 live charges · 2 lenders · oldest 53.9y

60/100
clean up first

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

  • · Oldest live charge is 53.9 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.
  • · Profitable and stable/growing — lender coverage supportable.

Data confidence

Overall: high (82/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
7 officers (5 active, 7 linked, 6 with DOB)
87
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
8 connected companies via shared directors
69
Filing history
150 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
83/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Profitable
Profit before tax £3,345,200
Turnover YoY
+10%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Nov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-11-302023-11-30
Turnover£44.45M£40.25M
Gross profit£6.46M£4.31M
Profit before tax£3.35M£1.52M
Average employees1320013300

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

🔒Filing-note intelligence

2 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
2
filings
  • 2 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (35 events)Click to expand
  1. 2026-02-11
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  2. 2026-02-11
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  3. 2025-11-14
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2025-11-14
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  5. 2025-07-24
    📄
    accounts-with-accounts-type-full
    accounts · AA
  6. 2024-07-30
    📄
    accounts-with-accounts-type-full
    accounts · AA
  7. 2024-01-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2024-01-12
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  9. 2023-08-11
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  10. 2023-08-11
    🔓
    Charge satisfied #3
  11. 2023-08-08
    📄
    accounts-with-accounts-type-full
    accounts · AA
  12. 2023-03-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2023-02-13
    LYONS, Alastair Clements resigned
    director
  14. 2022-07-18
    📄
    accounts-with-accounts-type-full
    accounts · AA
  15. 2021-12-15
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2021-12-15
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2021-09-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  18. 2021-09-06
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2021-08-26
    YOUNG, Brice appointed
    director
  20. 2021-08-26
    📄
    change-person-director-company-with-change-date
    officers · CH01
  21. 2021-08-25
    📄
    change-person-director-company-with-change-date
    officers · CH01
  22. 2021-07-01
    📄
    accounts-with-accounts-type-full
    accounts · AA
  23. 2014-12-15
    PURDY, Thomas Gary appointed
    director
  24. 2014-12-15
    LYONS, Alastair Clements appointed
    director
  25. 2011-11-21
    PATTON, David Martin resigned
    director
  26. 2001-11-21
    🔒
    Charge registered #3
    Lender: Northern Bank LTD
  27. 2000-09-15
    🔒
    Charge registered #2
    Lender: Northern Bank LTD
  28. 2000-09-15
    🔒
    Charge registered #1
    Lender: Northern Bank LTD
  29. 1994-05-19
    MCCRACKEN, James Leslie appointed
    director
  30. 1988-09-07
    PATTON, Andrew David Neil appointed
    secretary
  31. 1988-09-07
    PATTON, Andrew David Neil appointed
    director
  32. 1987-09-01
    PATTON, David Martin appointed
    director
  33. 1976-04-15
    🔓
    Charge satisfied #4
  34. 1972-06-28
    🔒
    Charge registered #4
    Lender: The Ministry of Commerce for Northern Ireland
  35. 1961-11-20
    🏢
    Company incorporated
    As JAMES F MCCUE LIMITED

Owner dependency

65/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 38 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 65 — succession pressure is live.

Succession & seller-readiness

80/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
  • primary20+ year tenure: Director in role 38 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 65 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Nkp Holdings (N.I.) Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Nkp Holdings (N.I.) Ltd
Corporate parent · holds 75-100% shares
ultimate parent
JAMES F MCCUE LIMITED
This company · NI005090

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%
NameSharesVoting rightsNature of controlNotified
Nkp Holdings (N.I.) Ltd
Corporate entity
75100%
75-100% shares26/08/2025
1 historic (ceased) PSC
  • Mr Andrew David Neil Pattonceased 26/08/2025· 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 →

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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
Incorporated1961-11-20
Jurisdictionnorthern-ireland
Primary SIC31010 — Manufacture of office and shop furniture

Registered office

2 Sloefield Drive
Trooperslane Industrial Estate
Carrickfergus
BT38 8GX

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-11-10
Last: 2025-10-27

Officers (5 active · 2 resigned)

PATTON, Andrew David Neil
secretary · appointed 1988-09-07
View their other companies + combined net worth →
Active
MCCRACKEN, James Leslie
director · ~65y · appointed 1994-05-19
View their other companies + combined net worth →
Active
PATTON, Andrew David Neil
director · ~64y · appointed 1988-09-07
View their other companies + combined net worth →
Active
PURDY, Thomas Gary
director · ~61y · appointed 2014-12-15
View their other companies + combined net worth →
Active
YOUNG, Brice
director · ~56y · appointed 2021-08-26
View their other companies + combined net worth →
Active
LYONS, Alastair Clements
director · ~80y · appointed 2014-12-15 · resigned 2023-02-13
Resigned
PATTON, David Martin
director · ~92y · appointed 1987-09-01 · resigned 2011-11-21
Resigned

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

Mortgages & charges

4
Total charges
2
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
satisfied
Northern Bank
Northern Bank LTD
Mortgage or charge1 property21/11/200111/08/2023
outstanding
Northern Bank
Northern Bank LTD
Mortgage or charge1 property15/09/2000
outstanding
Northern Bank
Northern Bank LTD
Mortgage or charge1 property15/09/2000
satisfied
The Ministry of Commerce for Northern Ireland
Charge1 property28/06/197215/04/1976
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (150 total)

cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-02-11
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2026-02-11
change-person-director-company-with-change-date
officers · CH01
2025-11-14
change-person-secretary-company-with-change-date
officers · CH03
2025-11-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-27
accounts-with-accounts-type-full
accounts · AA
2025-07-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-13
accounts-with-accounts-type-full
accounts · AA
2024-07-30
change-person-director-company-with-change-date
officers · CH01
2024-01-12
change-person-secretary-company-with-change-date
officers · CH03
2024-01-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-31
mortgage-satisfy-charge-full
mortgage · MR04
2023-08-11
accounts-with-accounts-type-full
accounts · AA
2023-08-08
termination-director-company-with-name-termination-date
officers · TM01
2023-03-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-31