VAUGHAN DEVELOPMENTS LIMITED

🌳Matureactive
NI017315 · ltd · incorporated 1984-03-01
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
79/100
Strong
🔔
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What this business does
Primary activity: Development of building projects
Sector: Construction
ALSO REGISTERED FOR
  • 41202Construction of domestic buildings
  • 68100Buying and selling of own real estate
Investor take
Pursue
Active trading company with a 69-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 77/100. Strong seller-intent signal (73/100, director aged 69). 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 (65/100).

🏦

Refinance opportunity

4 live charges · 3 lenders · oldest 27.1y

35/100
too messy

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

  • · Oldest live charge is 27.1 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: high (83/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 3 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
6 officers (4 active, 6 linked, 5 with DOB)
87
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
12 connected companies via shared directors
81
Filing history
114 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
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£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees14001300

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal 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
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
  1. 2025-12-15
    📄
    accounts-with-accounts-type-small
    accounts · AA
  2. 2024-12-18
    📄
    accounts-with-accounts-type-small
    accounts · AA
  3. 2023-12-22
    📄
    accounts-with-accounts-type-small
    accounts · AA
  4. 2023-11-14
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  5. 2023-11-14
    🔓
    Charge satisfied #4
  6. 2023-07-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2023-06-30
    VAUGHAN, Albert John resigned
    director
  8. 2022-12-19
    📄
    accounts-with-accounts-type-small
    accounts · AA
  9. 2021-12-22
    📄
    accounts-with-accounts-type-small
    accounts · AA
  10. 2021-02-16
    📄
    accounts-with-accounts-type-small
    accounts · AA
  11. 2019-11-20
    📄
    accounts-with-accounts-type-small
    accounts · AA
  12. 2019-04-18
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  13. 2019-04-16
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  14. 2019-04-16
    🔓
    Charge satisfied #3
  15. 2019-04-09
    🔒
    Charge registered #4
    Lender: Aib Group (UK) P.L.C.
  16. 2018-09-13
    📄
    accounts-with-accounts-type-small
    accounts · AA
  17. 2017-12-21
    📄
    accounts-with-accounts-type-small
    accounts · AA
  18. 2017-01-10
    📄
    accounts-with-accounts-type-audited-abridged
    accounts · AA
  19. 2016-02-03
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  20. 2016-02-01
    🔒
    Charge registered #3
    Lender: Northern Bank Limited
  21. 2014-02-15
    VAUGHAN, James Mark resigned
    director
  22. 2012-02-29
    🔓
    Charge satisfied #2
  23. 2012-02-09
    🔓
    Charge satisfied #1
  24. 2000-11-29
    🔒
    Charge registered #2
    Lender: Northern Bank LTD
  25. 1999-04-15
    🔒
    Charge registered #1
    Lender: Northern Bank LTD
  26. 1984-03-01
    🏢
    Company incorporated
    As VAUGHAN DEVELOPMENTS LIMITED
  27. 1984-03-01
    VAUGHAN, Gavin William appointed
    secretary
  28. 1984-03-01
    VAUGHAN, Bryan Paul appointed
    director
  29. 1984-03-01
    VAUGHAN, Gavin William appointed
    director
  30. 1984-03-01
    VAUGHAN, Michael John appointed
    director
  31. 1984-03-01
    VAUGHAN, Albert John appointed
    director
  32. 1984-03-01
    VAUGHAN, James Mark appointed
    director

Owner dependency

98/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Founder name in company name: Company name contains director surname "VAUGHAN" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 42 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 69 — 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 candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
  • 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.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 med ·
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

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

🏛️
Rathmore Estates Limited
Corporate parent · holds 75-100% shares
ultimate parent
VAUGHAN DEVELOPMENTS LIMITED
This company · NI017315

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
Rathmore Estates Limited
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
Typeltd
Incorporated1984-03-01
Jurisdictionnorthern-ireland
Primary SIC41100 — Development of building projects

Registered office

556 Antrim Road
Newtownabbey
Co. Antrim
BT36 4RF

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-12-25
Last: 2025-12-11

Officers (4 active · 2 resigned)

VAUGHAN, Gavin William
secretary · appointed 1984-03-01
View their other companies + combined net worth →
Active
VAUGHAN, Bryan Paul
director · ~61y · appointed 1984-03-01
View their other companies + combined net worth →
Active
VAUGHAN, Gavin William
director · ~68y · appointed 1984-03-01
View their other companies + combined net worth →
Active
VAUGHAN, Michael John
director · ~69y · appointed 1984-03-01
View their other companies + combined net worth →
Active
VAUGHAN, Albert John
director · ~97y · appointed 1984-03-01 · resigned 2023-06-30
Resigned
VAUGHAN, James Mark
director · ~66y · appointed 1984-03-01 · resigned 2014-02-15
Resigned

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

Mortgages & charges

4
Total charges
0
Outstanding
0
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
satisfied
Aib Group (UK) P.L.C.
A registered charge09/04/201914/11/2023
satisfied
Northern Bank
Northern Bank Limited
A registered charge1 property01/02/201616/04/2019
satisfied
Northern Bank
Northern Bank LTD
Mortgage or charge1 property29/11/200029/02/2012
satisfied
Northern Bank
Northern Bank LTD
Mortgage or charge1 property15/04/199909/02/2012

Recent filings (114 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-15
accounts-with-accounts-type-small
accounts · AA
2025-12-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-23
accounts-with-accounts-type-small
accounts · AA
2024-12-18
accounts-with-accounts-type-small
accounts · AA
2023-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-21
mortgage-satisfy-charge-full
mortgage · MR04
2023-11-14
termination-director-company-with-name-termination-date
officers · TM01
2023-07-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-20
accounts-with-accounts-type-small
accounts · AA
2022-12-19
accounts-with-accounts-type-small
accounts · AA
2021-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-21
accounts-with-accounts-type-small
accounts · AA
2021-02-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-12-26