MCADAM DESIGN LIMITED

🌳Matureactive
NI013516 · ltd · incorporated 1979-04-09
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 36.8y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
£22.01M
year to Dec 2023
Net worth
book net assets
Opportunity
83/100
Exceptional
🔔
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What this business does
Primary activity: Other engineering activities
Sector: Professional, scientific & technical
Investor take
Pursue
Conservative operator with a 61-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 67/100. Strong seller-intent signal (60/100, director aged 61). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (77/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 36.8y

60/100
clean up first

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

  • · Oldest live charge is 36.8 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 40/100 — workable, but lender will want more DD.
  • · Profitable and stable/growing — lender coverage supportable.

Data confidence

Overall: medium (74/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
21 officers (8 active, 21 linked, 18 with DOB)
87
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
158 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 £3,307,635

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2023-12-31
Turnover£22.01M
Gross profit£12.58M
Operating profit£3.29M
Profit before tax£3.31M
Average employees14800

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
2
filings
  • 1 confirmation-statement
  • 1 officers
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (58 events)Click to expand
  1. 2026-03-31
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2025-09-15
    📄
    accounts-with-accounts-type-full
    accounts · AA
  3. 2025-03-19
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2025-03-10
    HUGHES, Christopher Martin appointed
    director
  5. 2024-06-19
    📄
    accounts-with-accounts-type-full
    accounts · AA
  6. 2024-04-29
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2024-04-29
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2023-11-15
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  9. 2023-11-15
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  10. 2023-11-15
    🔓
    Charge satisfied #3
  11. 2023-11-15
    🔓
    Charge satisfied #2
  12. 2023-06-23
    📄
    accounts-with-accounts-type-full
    accounts · AA
  13. 2023-04-28
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2023-04-24
    CHEATER, Christopher Stuart appointed
    director
  15. 2022-06-13
    📄
    accounts-with-accounts-type-full
    accounts · AA
  16. 2021-06-29
    📄
    accounts-with-accounts-type-full
    accounts · AA
  17. 2020-11-12
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  18. 2020-11-12
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  19. 2020-11-12
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  20. 2020-11-06
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  21. 2020-11-06
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  22. 2020-10-23
    🔒
    Charge registered #3
    Lender: Martin Hare
  23. 2020-10-23
    🔒
    Charge registered #2
    Lender: Martin Hare
  24. 2020-09-29
    📄
    accounts-with-accounts-type-full
    accounts · AA
  25. 2020-01-01
    HARDING, Stephen Mark appointed
    director
  26. 2020-01-01
    KERR, Neal Victor appointed
    director
  27. 2019-05-22
    FINDLAY, John appointed
    director
  28. 2019-05-22
    KERR, Fergus appointed
    director
  29. 2018-06-05
    ANTHONY, Reynold resigned
    director
  30. 2013-12-31
    CHEATER, Christopher Stuart resigned
    director
  31. 2013-12-31
    FINDLAY, John resigned
    director
  32. 2013-12-31
    KERR, Fergus resigned
    director
  33. 2013-12-31
    MCGUIGAN, Mark Aiden resigned
    director
  34. 2013-12-31
    MUNRO, Allan George resigned
    director
  35. 2012-01-01
    KERR, Fergus appointed
    secretary
  36. 2012-01-01
    CHEATER, Christopher Stuart appointed
    director
  37. 2012-01-01
    FINDLAY, John appointed
    director
  38. 2012-01-01
    KERR, Fergus appointed
    director
  39. 2012-01-01
    MCGUIGAN, Mark Aiden appointed
    director
  40. 2012-01-01
    MUNRO, Allan George appointed
    director
  41. 2011-12-31
    OLIVER, Mark Watson resigned
    secretary
  42. 2011-12-31
    OLIVER, Mark Watson resigned
    director
  43. 2007-12-31
    BOYD, John Alan resigned
    secretary
  44. 2007-12-31
    OLIVER, Mark Watson appointed
    secretary
  45. 2007-12-31
    BOYD, John Alan resigned
    director
  46. 2002-03-11
    SWINTON, Cecil Thomas resigned
    director
  47. 2000-01-01
    HARE, Robert Martin appointed
    director
  48. 2000-01-01
    ANTHONY, Reynold appointed
    director
  49. 2000-01-01
    RUSSELL, Edward Neill resigned
    director
  50. 1999-12-31
    MCBRIDE, John resigned
    director
Showing most recent 50 of 58 events

Owner dependency

66/100
High — earn-out structure required

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

FACTORS
  • -7 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 26 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

60/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
  • primary20+ year tenure: Director in role 26 years. Very long tenure is a classic succession signal.
  • 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

Mcadam Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Mcadam Group Limited
Corporate parent · holds 75-100% shares
ultimate parent
MCADAM DESIGN LIMITED
This company · NI013516

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
Mcadam Group Limited
Corporate entity
75100%
75-100% shares23/10/2020
3 historic (ceased) PSCs
  • Mr Mark Watson Oliverceased 23/10/2020· 25-50% shares · 25-50% voting
  • Mr Robert Martin Hareceased 23/10/2020· 50-75% shares · 50-75% voting
  • Mr Reynold Anthonyceased 22/01/2019· 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 →

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

6 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
Incorporated1979-04-09
Jurisdictionnorthern-ireland
Primary SIC71129 — Other engineering activities

Registered office

1c Montgomery House
Castlereagh Business Park
478 Castlereagh Road
Belfast
BT5 6BQ

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-04-10
Last: 2026-03-27

Officers (8 active · 13 resigned)

KERR, Fergus
secretary · appointed 2012-01-01
View their other companies + combined net worth →
Active
CHEATER, Christopher Stuart
director · ~49y · appointed 2023-04-24
View their other companies + combined net worth →
Active
FINDLAY, John
director · ~59y · appointed 2019-05-22
View their other companies + combined net worth →
Active
HARDING, Stephen Mark
director · ~51y · appointed 2020-01-01
View their other companies + combined net worth →
Active
HARE, Robert Martin
director · ~61y · appointed 2000-01-01
View their other companies + combined net worth →
Active
HUGHES, Christopher Martin
director · ~40y · appointed 2025-03-10
View their other companies + combined net worth →
Active
KERR, Fergus
director · ~56y · appointed 2019-05-22
View their other companies + combined net worth →
Active
KERR, Neal Victor
director · ~51y · appointed 2020-01-01
View their other companies + combined net worth →
Active
BOYD, John Alan
secretary · appointed 1979-04-09 · resigned 2007-12-31
Resigned
OLIVER, Mark Watson
secretary · appointed 2007-12-31 · resigned 2011-12-31
Resigned
ANTHONY, Reynold
director · ~74y · appointed 2000-01-01 · resigned 2018-06-05
Resigned
BOYD, John Alan
director · ~76y · appointed 1989-08-08 · resigned 2007-12-31
Resigned
CHEATER, Christopher Stuart
director · ~49y · appointed 2012-01-01 · resigned 2013-12-31
Resigned
FINDLAY, John
director · ~59y · appointed 2012-01-01 · resigned 2013-12-31
Resigned
KERR, Fergus
director · ~56y · appointed 2012-01-01 · resigned 2013-12-31
Resigned
MCBRIDE, John
director · ~78y · appointed 1979-04-09 · resigned 1999-12-31
Resigned
MCGUIGAN, Mark Aiden
director · ~50y · appointed 2012-01-01 · resigned 2013-12-31
Resigned
MUNRO, Allan George
director · ~57y · appointed 2012-01-01 · resigned 2013-12-31
Resigned
OLIVER, Mark Watson
director · ~66y · appointed 1960-01-17 · resigned 2011-12-31
Resigned
RUSSELL, Edward Neill
director · ~84y · appointed 1979-04-09 · resigned 2000-01-01
Resigned

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

Mortgages & charges

3
Total charges
1
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
satisfied
Martin Hare / Mark Oliver
A registered charge23/10/202015/11/2023
satisfied
Martin Hare / Mark Oliver
A registered charge23/10/202015/11/2023
outstanding
NatWest Group
Ulster Bank Limited
Debenture1 property23/08/1989
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (158 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-09
change-person-director-company-with-change-date
officers · CH01
2026-03-31
accounts-with-accounts-type-full
accounts · AA
2025-09-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-28
appoint-person-director-company-with-name-date
officers · AP01
2025-03-19
accounts-with-accounts-type-full
accounts · AA
2024-06-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-29
change-person-director-company-with-change-date
officers · CH01
2024-04-29
change-person-director-company-with-change-date
officers · CH01
2024-04-29
mortgage-satisfy-charge-full
mortgage · MR04
2023-11-15
mortgage-satisfy-charge-full
mortgage · MR04
2023-11-15
accounts-with-accounts-type-full
accounts · AA
2023-06-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-28
appoint-person-director-company-with-name-date
officers · AP01
2023-04-28
accounts-with-accounts-type-full
accounts · AA
2022-06-13