JUNIPER MERCHANTS LIMITED
🌳Matureactive
NI017277 · ltd · incorporated 1984-02-24
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 41.4y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2025
Net worth
£734.3k
book net assets
Opportunity
69/100
Strong
What this business does
Primary activity: SIC 46740
Sector: Wholesale & retail
Investor take
Special-situation opportunityDistressed wholesale with salvageable qualities — special-situations priority.
Opportunity 69/100 (strong), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. 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: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
6 live charges · 2 lenders · oldest 41.4y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 41.4 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
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
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
7 officers (4 active, 7 linked, 6 with DOB)
87
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
125 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
50
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
64
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £734,287
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£734k
~ YoY
Current Assets
£734k
~ YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Total assets | £734.3k | £734.3k |
| Current assets | £734.3k | £734.3k |
| Debtors | £734.3k | £734.3k |
| Net assets | £734.3k | £734.3k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 accounts
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (34 events)Click to expand
- 2026-04-13📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-01-09📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-01-04📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-11-09📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-10-14📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-09-02📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-10-06📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-09-16📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-09-03📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2017-09-07📄accounts-with-accounts-type-dormantaccounts · AA
- 2016-09-12📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-04-20📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-09-24📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-04-13📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-04-13📄change-person-director-company-with-change-dateofficers · CH01
- 2014-10-01📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2002-06-25➕MCCRORY, Andrew appointeddirector
- 2002-06-25➖FARNAN, Basil resigneddirector
- 2002-04-05➖FARNAN, Conor resigneddirector
- 2002-04-05➖FARNAN, Michael resigneddirector
- 2001-12-31➕FARNAN, Brendan appointeddirector
- 2001-12-31➕FARNAN, Conor appointeddirector
- 1994-05-11🔒Charge registered #6Lender: Northern Bank Limited
- 1990-12-13🔓Charge satisfied #1
- 1990-06-19🔒Charge registered #5Lender: Northern Bank Limited
- 1990-03-27🔒Charge registered #4Lender: Northern Bank Limited
- 1990-03-27🔒Charge registered #3Lender: Northern Bank Limited
- 1990-03-27🔒Charge registered #2Lender: Northern Bank Limited
- 1984-12-21🔒Charge registered #1Lender: Ulster Bank Limited
- 1984-02-24🏢Company incorporatedAs JUNIPER MERCHANTS LIMITED
- 1984-02-24➕FARNAN, Rosaleen appointedsecretary
- 1984-02-24➕FARNAN, Rosaleen appointeddirector
- 1984-02-24➕FARNAN, Basil appointeddirector
- 1984-02-24➕FARNAN, Michael appointeddirector
Owner dependency
83/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Long-tenure founder: Senior director has been in place 42 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 87 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
85/100
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 87 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 42 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 42 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 high · 1 lowConfirmation statement overdue
highAnnual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2026-04-10
5 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Brendan Patrick Farnan Individual · Irish · DOB 03/1967 · age 59 | — | — | sig. influencesignificant influence | 06/04/2016 |
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 →Similar companies
Active · Wholesale & distribution · BT postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| J P TRAILERS LIMITED→ NI641410 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| JOHN LUKE LIMITED→ NI688895 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| JPOOII LTD→ NI725253 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| JULUM TRADING LTD→ NI696712 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| K J FLANAGAN & CO LTD→ NI041021 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| KATCO LTD→ NI702705 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| KATECAM LTD→ NI720404 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| KBC FOOD SERVICE LTD→ NI607779 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| KEG VAULT LTD→ NI728072 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| KELLS AUTO PAINT & SUPPLIES LIMITED→ NI696940 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| KENNEDY & MORRISON LIMITED→ R0000458 · est 1909 · no financials extracted | — | — | — | — | 116y | — | — |
| KESTUTIS KVIETKAUSKAS LIMITED→ NI691692 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated1984-02-24
Jurisdictionnorthern-ireland
Primary SIC46740 — SIC 46740
Registered office
Juniper Merchants
Glenhill Merchants Ltd
Stockmans Lane
Belfast
BT9 7ET
Filing status
Accounts
Next due: 2027-09-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2026-04-10OVERDUE
Last: 2025-03-27
Officers (4 active · 3 resigned)
Active
FARNAN, Brendan→
Activedirector · ~59y · appointed 2001-12-31
View their other companies + combined net worth →
FARNAN, Rosaleen→
Activedirector · ~87y · appointed 1984-02-24
View their other companies + combined net worth →
MCCRORY, Andrew→
Activedirector · ~57y · appointed 2002-06-25
View their other companies + combined net worth →
FARNAN, Basil→
Resigneddirector · ~89y · appointed 1984-02-24 · resigned 2002-06-25
FARNAN, Conor→
Resigneddirector · ~58y · appointed 2001-12-31 · resigned 2002-04-05
FARNAN, Michael→
Resigneddirector · ~63y · appointed 1984-02-24 · resigned 2002-04-05
Click a director name to see their full track record across all companies.
Mortgages & charges
6
Total charges
5
Outstanding
1
Active lenders
Status:Lender:6 of 6 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Northern Bank Northern Bank Limited | Mortgage | 1 property | 11/05/1994 | — | |
| outstanding | Northern Bank Northern Bank Limited | Mortgage | 1 property | 19/06/1990 | — | |
| outstanding | Northern Bank Northern Bank Limited | Mortgage | 1 property | 27/03/1990 | — | |
| outstanding | Northern Bank Northern Bank Limited | Charge over all book debts | 1 property | 27/03/1990 | — | |
| outstanding | Northern Bank Northern Bank Limited | Floating charge | 1 property | 27/03/1990 | — | |
| satisfied | NatWest Group Ulster Bank Limited | Debenture | 1 property | 21/12/1984 | 13/12/1990 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (125 total)
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2026-04-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-01
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-01-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-29
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-01-04
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-11-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-03
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-10-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-11
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-09-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-28
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-10-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-02
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2019-09-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-04-08