EDWARD WEBB (BANGOR)

🌳Matureactive
NI013813 · private-unlimited · incorporated 1979-08-29
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
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Turnover
not disclosed
Net worth
book net assets
Opportunity
72/100
Strong
🔔
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What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 72/100 (strong), bankability 67/100. Strong seller-intent signal (75/100, director aged 60). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 6 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 · 5 lenders · oldest 29.9y

35/100
too messy

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

  • · Oldest live charge is 29.9 years old — likely at or near maturity.
  • · 5 lenders named — inter-creditor friction likely.
  • · Legal-friction score 40/100 — workable, but lender will want more DD.

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
11 charges (11/11 with lender, 11/11 with type)
90
Directors & officers
9 officers (3 active, 9 linked, 6 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
11 connected companies via shared directors
78
Filing history
134 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
85
Strong succession / seller-readiness signals.
Risk profile
59
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
2
filings
  • 2 officers
Last 90 days
2
filings
  • 2 officers
Last 180 days
2
filings
  • 2 officers
Counts from Companies House filing history.
Corporate timeline (54 events)Click to expand
  1. 2026-05-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2026-05-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2019-06-03
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  4. 2019-06-03
    🔓
    Charge satisfied #11
  5. 2018-06-26
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  6. 2018-06-26
    📄
    withdrawal-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC09
  7. 2018-05-10
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2018-05-04
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2016-06-03
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  10. 2015-10-13
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  11. 2015-10-13
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  12. 2015-10-13
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  13. 2015-10-13
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  14. 2015-10-13
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  15. 2015-10-13
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  16. 2015-10-13
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  17. 2015-10-13
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  18. 2015-10-13
    🔓
    Charge satisfied #9
  19. 2015-10-13
    🔓
    Charge satisfied #8
  20. 2015-10-13
    🔓
    Charge satisfied #7
  21. 2015-10-13
    🔓
    Charge satisfied #6
  22. 2015-10-13
    🔓
    Charge satisfied #5
  23. 2015-10-13
    🔓
    Charge satisfied #4
  24. 2015-10-13
    🔓
    Charge satisfied #3
  25. 2015-10-13
    🔓
    Charge satisfied #2
  26. 2015-10-13
    🔓
    Charge satisfied #1
  27. 2015-06-15
    🔓
    Charge satisfied #10
  28. 2015-04-09
    🔒
    Charge registered #11
    Lender: Barclays Bank PLC ("the Bank")
  29. 2015-04-09
    🔒
    Charge registered #10
    Lender: Barclays Bank PLC ("the Bank")
  30. 2006-10-09
    SMYTH, Robert Joseph appointed
    secretary
  31. 2006-10-09
    JOHNSTON, Colin James resigned
    secretary
  32. 2006-06-14
    SMYTH, Robert Joseph appointed
    director
  33. 2006-05-02
    JOHNSTON, Colin James appointed
    director
  34. 2006-05-02
    JOHNSTON, Colin James appointed
    secretary
  35. 2006-05-02
    WEBB, Derek resigned
    secretary
  36. 2006-05-02
    WEBB, Derek resigned
    director
  37. 2006-05-02
    WEBB, Louise Catherine resigned
    director
  38. 2006-05-02
    🔒
    Charge registered #9
    Lender: Ulster Bank Ireland Limited
  39. 2004-10-12
    🔒
    Charge registered #8
    Lender: Ulster Bank Limited
  40. 2004-09-02
    🔒
    Charge registered #7
    Lender: Ulster Bank Limited
  41. 2003-05-08
    🔒
    Charge registered #6
    Lender: Square East
  42. 2003-03-12
    🔒
    Charge registered #5
    Lender: Ulster Bank Limited
  43. 2001-02-16
    🔒
    Charge registered #4
    Lender: Ulster Bank Limited
  44. 2000-04-06
    WEBB, Louise Catherine appointed
    director
  45. 2000-02-28
    WEBB, Edward resigned
    director
  46. 2000-02-28
    WEBB, Vyne Susan resigned
    director
  47. 1996-09-05
    🔒
    Charge registered #3
    Lender: Ulster Bank LTD
  48. 1996-07-22
    🔒
    Charge registered #2
    Lender: Ulster Bank LTD
  49. 1996-07-19
    🔒
    Charge registered #1
    Lender: Ulster Bank LTD
  50. 1979-08-29
    🏢
    Company incorporated
    As EDWARD WEBB (BANGOR)
Showing most recent 50 of 54 events

Owner dependency

76/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.

Succession & seller-readiness

71/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 20 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 47 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high · 1 med ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-05-22

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.

Group structure

Clear Pharmacy is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Clear Pharmacy
Corporate parent · holds 75-100% shares
ultimate parent
EDWARD WEBB (BANGOR)
This company · NI013813

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
Clear Pharmacy
Corporate entity
75100%
75-100% shares06/04/2016

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
Typeprivate-unlimited
Incorporated1979-08-29
Jurisdictionnorthern-ireland
Primary SIC99999 — SIC 99999

Registered office

Block D
17 Heron Road
Belfast
BT3 9LE
Northern Ireland

Filing status

Accounts
Next due:
Last made up to: 2006-04-06
Confirmation statement
Next due: 2026-05-22OVERDUE
Last: 2025-05-08

Officers (3 active · 6 resigned)

SMYTH, Robert Joseph
secretary · appointed 2006-10-09
View their other companies + combined net worth →
Active
JOHNSTON, Colin James
director · ~60y · appointed 2006-05-02
View their other companies + combined net worth →
Active
SMYTH, Robert Joseph
director · ~59y · appointed 2006-06-14
View their other companies + combined net worth →
Active
JOHNSTON, Colin James
secretary · appointed 2006-05-02 · resigned 2006-10-09
Resigned
WEBB, Derek
secretary · appointed 1979-08-29 · resigned 2006-05-02
Resigned
WEBB, Derek
director · ~58y · appointed 1979-08-29 · resigned 2006-05-02
Resigned
WEBB, Edward
director · ~95y · appointed 1979-08-29 · resigned 2000-02-28
Resigned
WEBB, Louise Catherine
director · ~57y · appointed 2000-04-06 · resigned 2006-05-02
Resigned
WEBB, Vyne Susan
director · ~90y · appointed 1979-08-29 · resigned 2000-02-28
Resigned

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

Mortgages & charges

11
Total charges
0
Outstanding
0
Active lenders
Status:Lender:11 of 11 shown
TypeProperties
satisfied
Barclays
Barclays Bank PLC ("the Bank")
A registered charge1 property09/04/201503/06/2019
satisfied
Barclays
Barclays Bank PLC ("the Bank")
A registered charge4 properties09/04/201515/06/2015
satisfied
NatWest Group
Ulster Bank Ireland Limited / Ulster Bank Limited
Debenture4 properties02/05/200613/10/2015
satisfied
NatWest Group
Ulster Bank Limited
Mortgage or charge1 property12/10/200413/10/2015
satisfied
NatWest Group
Ulster Bank Limited
Mortgage or charge1 property02/09/200413/10/2015
satisfied
NatWest Group
Square East / Ulster Bank Limited / BT1 5UB
Mortgage or charge1 property08/05/200313/10/2015
satisfied
NatWest Group
Ulster Bank Limited / BT1 5UB / Square East
Mortgage or charge2 properties12/03/200313/10/2015
satisfied
NatWest Group
Ulster Bank Limited
Mortgage or charge1 property16/02/200113/10/2015
satisfied
NatWest Group
Ulster Bank LTD
Mortgage or charge1 property05/09/199613/10/2015
satisfied
NatWest Group
Ulster Bank LTD
Mortgage or charge1 property22/07/199613/10/2015
satisfied
NatWest Group
Ulster Bank LTD
Mortgage or charge1 property19/07/199613/10/2015

Recent filings (134 total)

change-person-director-company-with-change-date
officers · CH01
2026-05-07
change-person-director-company-with-change-date
officers · CH01
2026-05-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-24
mortgage-satisfy-charge-full
mortgage · MR04
2019-06-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-05-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-06-26
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2018-06-26
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2018-06-26
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2018-05-10
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2018-05-04