COURT FINANCE LIMITED

🌳Matureactive
NI015998 · ltd · incorporated 1982-08-06
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 Dec 2024
Net worth
book net assets
Opportunity
73/100
Strong
🔔
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What this business does
Primary activity: Other credit granting n.e.c.
Sector: Financial & insurance
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 73/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: strategic trade sale (73/100).

Data confidence

Overall: high (81/100)

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
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
10 officers (5 active, 10 linked, 8 with DOB)
86
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
148 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
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
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Key financials

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

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Average employees00

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 (33 events)Click to expand
  1. 2025-12-02
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  2. 2025-12-02
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2025-09-30
    📄
    accounts-with-accounts-type-small
    accounts · AA
  4. 2024-09-20
    📄
    accounts-with-accounts-type-small
    accounts · AA
  5. 2023-09-22
    📄
    accounts-with-accounts-type-small
    accounts · AA
  6. 2022-09-12
    📄
    accounts-with-accounts-type-small
    accounts · AA
  7. 2021-09-23
    📄
    accounts-with-accounts-type-small
    accounts · AA
  8. 2020-12-17
    📄
    accounts-with-accounts-type-small
    accounts · AA
  9. 2019-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2018-10-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2018-09-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2018-05-02
    📍
    move-registers-to-sail-company-with-new-address
    address · AD03
  13. 2018-05-02
    📍
    change-sail-address-company-with-new-address
    address · AD02
  14. 2018-05-01
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  15. 2018-05-01
    📄
    withdrawal-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC09
  16. 2018-05-01
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  17. 2018-04-27
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  18. 2018-04-11
    ACHESON, Margaret resigned
    director
  19. 2018-04-11
    CHAMBERS, Catherine Robina resigned
    director
  20. 2018-04-11
    REA, John Ronald resigned
    director
  21. 2017-12-11
    GIBSON, John Elliott appointed
    secretary
  22. 2017-12-10
    GIBSON, William Stephens resigned
    secretary
  23. 2017-12-10
    GIBSON, William Stephens resigned
    director
  24. 1999-12-14
    GERRING, Rosemary Elaine appointed
    director
  25. 1999-12-14
    GIBSON, John Elliott appointed
    director
  26. 1999-03-30
    CHAMBERS, Catherine Robina appointed
    director
  27. 1997-01-24
    FISHER, Pamela Mary appointed
    director
  28. 1997-01-24
    ACHESON, Margaret appointed
    director
  29. 1982-08-06
    🏢
    Company incorporated
    As COURT FINANCE LIMITED
  30. 1982-08-06
    STEVENSON, Dorothea Elizabeth appointed
    director
  31. 1982-08-06
    GIBSON, William Stephens appointed
    secretary
  32. 1982-08-06
    GIBSON, William Stephens appointed
    director
  33. 1982-08-06
    REA, John Ronald appointed
    director

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 44 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 68 — succession pressure is live.

Succession & seller-readiness

75/100
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 68. Approaching typical UK retirement age — succession thinking likely.
  • primary20+ year tenure: Director in role 44 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 44 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high ·
Confirmation statement overdue
high

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

Evidence: Next due: 2026-04-09

Group structure

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

🏛️
Magherally Trading Limited
Corporate parent · holds 75-100% shares
ultimate parent
COURT FINANCE LIMITED
This company · NI015998

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
Magherally Trading Limited
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting30/11/2025
1 historic (ceased) PSC
  • Gibson Bros Limitedceased 30/11/2025· 75-100% shares · 75-100% 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

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
Incorporated1982-08-06
Jurisdictionnorthern-ireland
Primary SIC64929 — Other credit granting n.e.c.

Registered office

1 Kilmacrew Road
Banbridge
Co Down
BT32 4ES
Northern Ireland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-04-09OVERDUE
Last: 2025-03-26

Officers (5 active · 5 resigned)

GIBSON, John Elliott
secretary · appointed 2017-12-11
View their other companies + combined net worth →
Active
FISHER, Pamela Mary
director · ~61y · appointed 1997-01-24
View their other companies + combined net worth →
Active
GERRING, Rosemary Elaine
director · ~61y · appointed 1999-12-14
View their other companies + combined net worth →
Active
GIBSON, John Elliott
director · ~66y · appointed 1999-12-14
View their other companies + combined net worth →
Active
STEVENSON, Dorothea Elizabeth
director · ~68y · appointed 1982-08-06
View their other companies + combined net worth →
Active
GIBSON, William Stephens
secretary · appointed 1982-08-06 · resigned 2017-12-10
Resigned
ACHESON, Margaret
director · ~85y · appointed 1997-01-24 · resigned 2018-04-11
Resigned
CHAMBERS, Catherine Robina
director · ~46y · appointed 1999-03-30 · resigned 2018-04-11
Resigned
GIBSON, William Stephens
director · ~94y · appointed 1982-08-06 · resigned 2017-12-10
Resigned
REA, John Ronald
director · ~91y · appointed 1982-08-06 · resigned 2018-04-11
Resigned

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

Recent filings (148 total)

notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-12-02
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-12-02
accounts-with-accounts-type-small
accounts · AA
2025-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-04
accounts-with-accounts-type-small
accounts · AA
2024-09-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-26
accounts-with-accounts-type-small
accounts · AA
2023-09-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-28
accounts-with-accounts-type-small
accounts · AA
2022-09-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-28
accounts-with-accounts-type-small
accounts · AA
2021-09-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-11
accounts-with-accounts-type-small
accounts · AA
2020-12-17
confirmation-statement-with-updates
confirmation-statement · CS01
2020-05-01
accounts-with-accounts-type-micro-entity
accounts · AA
2019-09-30