VAUGHAN ENGINEERING GROUP LIMITED

🌳Matureactive

NI008727 · ltd · incorporated 1972-06-05

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.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

—

book net assets

Opportunity

78/100

Strong

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What this business does

Primary activity: Activities of construction holding companies

Sector: Financial & insurance

Investor take

Pursue

Asset-holding vehicle. Family succession underway — not a classic acquisition target.

Opportunity 78/100 (strong), bankability 57/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 7 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

11 live charges · 4 lenders · oldest 19.2y

35/100

too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

· Oldest live charge is 19.2 years old — likely at or near maturity.
· 4 lenders named — inter-creditor friction likely.
· Legal-friction score 40/100 — workable, but lender will want more DD.

Data confidence

Overall: high (82/100)

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

Lenders & charges

11 charges (11/11 with lender, 11/11 with type)

Directors & officers

10 officers (6 active, 10 linked, 9 with DOB)

Ownership & PSC

3 active PSC(s) of 4 total, 4 with control declared

Director network

9 connected companies via shared directors

Filing history

173 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

78/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red 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

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-03-31	2024-03-31

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

🔒Filing-note intelligence

4 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

filings

Last 90 days

filings

Last 180 days

filings

• 1 confirmation-statement
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (44 events)Click to expand

2025-12-15
📄
accounts-with-accounts-type-group
accounts · AA
2025-11-26
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-11-26
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-11-26
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-12-19
📄
accounts-with-accounts-type-group
accounts · AA
2023-12-22
📄
accounts-with-accounts-type-group
accounts · AA
2023-07-11
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-06-30
➖
VAUGHAN, Albert John resigned
director
2022-12-20
📄
accounts-with-accounts-type-group
accounts · AA
2022-04-27
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-04-27
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-04-14
➕
VAUGHAN, Andrew William appointed
director
2022-04-14
➕
VAUGHAN, Stuart James appointed
director
2022-01-10
📄
accounts-with-accounts-type-group
accounts · AA
2021-02-15
📄
accounts-with-accounts-type-group
accounts · AA
2020-10-23
📄
mortgage-satisfy-charge-full
mortgage · MR04
2020-10-23
🔓
Charge satisfied #6
2019-12-17
📄
accounts-with-accounts-type-group
accounts · AA
2019-11-27
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2019-11-27
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2019-11-27
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2019-11-26
📄
mortgage-satisfy-charge-full
mortgage · MR04
2019-11-26
🔓
Charge satisfied #8
2019-11-26
🔓
Charge satisfied #5
2019-11-26
🔓
Charge satisfied #4
2019-11-26
🔓
Charge satisfied #3
2019-11-26
🔓
Charge satisfied #2
2019-11-26
🔓
Charge satisfied #1
2019-11-25
🔒
Charge registered #11
Lender: Ulster Bank Limited
2019-11-25
🔒
Charge registered #10
Lender: Ulster Bank Limited
2019-11-25
🔒
Charge registered #9
Lender: Ulster Bank Limited
2018-11-12
🔒
Charge registered #8
Lender: Northern Bank Limited
2018-06-13
🔒
Charge registered #7
Lender: Gavin William Vaughan as Trustee of the Vaughan Engineering Group Directors No 2 Retirement & Death Benefit Scheme
2018-05-11
🔒
Charge registered #6
Lender: Invest Northern Ireland
2018-05-11
🔒
Charge registered #5
Lender: Northern Bank Limited
2018-03-22
➖
BLACK, Garry Rankine resigned
director
2018-02-20
🔒
Charge registered #4
Lender: Northern Bank Limited
2016-02-01
🔒
Charge registered #3
Lender: Northern Bank Limited
2015-01-05
➕
BLACK, Garry Rankine appointed
director
2014-02-15
➖
VAUGHAN, James Mark resigned
director
2007-04-02
🔒
Charge registered #2
Lender: Northern Bank Limited
2007-04-02
🔒
Charge registered #1
Lender: Northern Bank Limited
2005-03-31
➖
HADDOW, James resigned
director
1972-06-05
🏢
Company incorporated
As VAUGHAN ENGINEERING GROUP LIMITED

Owner dependency

78/100

High — earn-out structure required

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

FACTORS

-5 active directors: Broader management team in place — suggests transferable governance.
+Founder name in company name: Company name contains director surname "VAUGHAN" — strong identity link between founder and business.
+Founder age: Director aged approximately 69 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

20/100

No succession signal

No meaningful acquirability indicators from public data.

SIGNALS

primaryFamily succession underway: Not a takeover target — VAUGHAN, Andrew William (same surname) appointed 2022-04-14. Pattern consistent with intra-family handover.
primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
secondaryStable-but-static management: Company is 54 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 med ·

Charge satisfaction-then-recreation pattern

medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

3 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mr Bryan Paul Vaughan Individual · British · DOB 01/1965 · age 61	25–50%	—	25-50% shares · trust interest	31/03/2017
Mr Gavin William Vaughan Individual · British · DOB 09/1958 · age 68	25–50%	—	25-50% shares · trust interest	31/03/2017
Mr Michael John Vaughan Individual · British · DOB 01/1957 · age 69	25–50%	—	25-50% shares · trust interest	31/03/2017

1 historic (ceased) PSC

Rathmore Estates Limitedceased 31/03/2017· 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

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.

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Company details

Statusactive

Typeltd

Incorporated1972-06-05

Jurisdictionnorthern-ireland

Primary SIC64203 — Activities of construction holding companies

Registered office

Aercon Works

556 Antrim Road

Newtownabbey

Co.Antrim

BT36 4RF

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-12-25

Last: 2025-12-11