AVONDALE FOODS (CRAIGAVON) LIMITED
📈Growthactive
NI015099 · ltd · incorporated 1981-08-21
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 37.6y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
83/100
Exceptional
What this business does
Primary activity: SIC 10390
Sector: Manufacturing
ALSO REGISTERED FOR
- 10710Manufacture of bread; manufacture of fresh pastry goods and cakes
- 10850Manufacture of prepared meals and dishes
- 10890SIC 10890
Investor take
PursueLeverage-led grower with a 80-year-old founder — textbook succession opportunity.
Opportunity 83/100 (exceptional), bankability 70/100. Strong seller-intent signal (63/100, director aged 80). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 4 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 · oldest 37.6y
75/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 37.6 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 25/100 — 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, 4 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
10 officers (5 active, 10 linked, 8 with DOB)
86
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
9 connected companies via shared directors
72
Filing history
155 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 102Profitable
Profit before tax £7,679,975
Key financials
2 years extracted from filed iXBRL accountsCash
—
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 |
|---|---|---|
| Profit before tax | £7.68M | £5.91M |
| Average employees | 570 | 50100 |
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
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (37 events)Click to expand
- 2025-12-23📄accounts-with-accounts-type-fullaccounts · AA
- 2024-12-23📄accounts-with-accounts-type-fullaccounts · AA
- 2024-06-05📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-06-05📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-06-05📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2024-02-28➕GEDDIS, Samuel Derek Greer appointedsecretary
- 2024-02-28➖GEDDIS, Derek resignedsecretary
- 2024-02-28➖GEDDIS, Derek resigneddirector
- 2023-12-21📄accounts-with-accounts-type-fullaccounts · AA
- 2022-12-23📄accounts-with-accounts-type-fullaccounts · AA
- 2021-12-23📄accounts-with-accounts-type-fullaccounts · AA
- 2021-08-16📄change-person-director-company-with-change-dateofficers · CH01
- 2021-08-12📄change-person-director-company-with-change-dateofficers · CH01
- 2021-03-31📄accounts-with-accounts-type-fullaccounts · AA
- 2020-01-06📄accounts-with-accounts-type-fullaccounts · AA
- 2019-01-03📄accounts-with-accounts-type-fullaccounts · AA
- 2018-12-18📄legacymiscellaneous · RP04CS01
- 2017-12-27📄accounts-with-accounts-type-fullaccounts · AA
- 2017-09-13📄appoint-person-director-company-with-name-dateofficers · AP01
- 2017-09-13📄termination-director-company-with-name-termination-dateofficers · TM01
- 2017-09-07➕GEDDIS, Simon Henry appointeddirector
- 2017-09-07➖GEDDIS, Irene Carol resigneddirector
- 2010-07-09➕SENNINGER, Georges appointeddirector
- 2009-11-06➕GEDDIS, Samuel Derek Greer appointeddirector
- 2009-11-06➖GEDDIS, Valerie Martha resigneddirector
- 2001-09-17🔒Charge registered #4Lender: Northern Bank LTD
- 2001-08-14➖MAGINNIS, George Edward resigneddirector
- 2001-06-15🔒Charge registered #3Lender: Northern Bank LTD
- 1988-08-29🔒Charge registered #2Lender: Northern Bank LTD
- 1988-08-29🔒Charge registered #1Lender: Northern Bank LTD
- 1981-08-21🏢Company incorporatedAs AVONDALE FOODS (CRAIGAVON) LIMITED
- 1981-08-21➕GEDDIS, Maurice Henry appointeddirector
- 1981-08-21➕GEDDIS, Derek appointedsecretary
- 1981-08-21➕GEDDIS, Derek appointeddirector
- 1981-08-21➕GEDDIS, Irene Carol appointeddirector
- 1981-08-21➕GEDDIS, Valerie Martha appointeddirector
- 1981-08-21➕MAGINNIS, George Edward appointeddirector
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
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Long-tenure founder: Senior director has been in place 45 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 80 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
80/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 80 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 45 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
🔒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 |
|---|---|---|---|---|---|---|---|
| B. MCCOLGAN LIMITED→ NI667972 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| BALLYHILL TRADING LIMITED→ NI677811 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| BALLYLISK DAIRIES LTD→ NI644096 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| BALLYMORE FARM PET FOODS LTD→ NI624747 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| BALLYRASHANE MEAT WHOLESALERS LTD→ NI739221 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| BALLYREAGH HOUSE LIMITED→ NI642216 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| BARONSCOURT ESTATE DISTILLERY COMPANY LTD→ NI679827 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| BASALT DISTILLERY LTD→ NI672259 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| BEECHVALE NATURAL WATER LTD→ NI053520 · est 2005 · no financials extracted | — | — | — | — | 21y | — | — |
| BERNARD HUGHES BAKERY LIMITED→ NI661419 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| BIG POT CO. LTD→ NI071991 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
| BIOGRID OMAGH→ NI634369 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
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.
See pricing →Company details
Statusactive
Typeltd
Incorporated1981-08-21
Jurisdictionnorthern-ireland
Primary SIC10390 — SIC 10390
Registered office
. Dukestown Lane
Lurgan
Craigavon
County Armagh
BT66 8TB
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-06-09
Last: 2025-05-26
Officers (5 active · 5 resigned)
GEDDIS, Samuel Derek Greer→
Activesecretary · appointed 2024-02-28
View their other companies + combined net worth →
GEDDIS, Maurice Henry→
Activedirector · ~80y · appointed 1981-08-21
View their other companies + combined net worth →
GEDDIS, Samuel Derek Greer→
Activedirector · ~49y · appointed 2009-11-06
View their other companies + combined net worth →
GEDDIS, Simon Henry→
Activedirector · ~54y · appointed 2017-09-07
View their other companies + combined net worth →
SENNINGER, Georges→
Activedirector · ~73y · appointed 2010-07-09
View their other companies + combined net worth →
GEDDIS, Derek→
Resignedsecretary · appointed 1981-08-21 · resigned 2024-02-28
GEDDIS, Derek→
Resigneddirector · ~78y · appointed 1981-08-21 · resigned 2024-02-28
GEDDIS, Irene Carol→
Resigneddirector · ~76y · appointed 1981-08-21 · resigned 2017-09-07
GEDDIS, Valerie Martha→
Resigneddirector · ~78y · appointed 1981-08-21 · resigned 2009-11-06
MAGINNIS, George Edward→
Resigneddirector · ~75y · appointed 1981-08-21 · resigned 2001-08-14
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
4
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Northern Bank Northern Bank LTD | Mortgage or charge | 1 property | 17/09/2001 | — | |
| outstanding | Northern Bank Northern Bank LTD | Mortgage or charge | 1 property | 15/06/2001 | — | |
| outstanding | Northern Bank Northern Bank LTD | Mortgage or charge | 1 property | 29/08/1988 | — | |
| outstanding | Northern Bank Northern Bank LTD | Mortgage or charge | 1 property | 29/08/1988 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (155 total)
accounts-with-accounts-type-full
accounts · AA
2025-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-24
accounts-with-accounts-type-full
accounts · AA
2024-12-23
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-07
termination-director-company-with-name-termination-date
officers · TM01
2024-06-05
termination-secretary-company-with-name-termination-date
officers · TM02
2024-06-05
appoint-person-secretary-company-with-name-date
officers · AP03
2024-06-05
accounts-with-accounts-type-full
accounts · AA
2023-12-21
confirmation-statement-with-updates
confirmation-statement · CS01
2023-05-30
accounts-with-accounts-type-full
accounts · AA
2022-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-09
accounts-with-accounts-type-full
accounts · AA
2021-12-23
change-person-director-company-with-change-date
officers · CH01
2021-08-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-12
change-person-director-company-with-change-date
officers · CH01
2021-08-12