GLASGIVEN CONTRACTS LIMITED

🌳Matureactive
NI018020 · ltd · incorporated 1984-12-06
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
£45.39M
year to Apr 2025
Net worth
book net assets
Opportunity
76/100
Strong
🔔
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What this business does
Primary activity: Other building completion and finishing
Sector: Construction
Investor take
Pursue
Leverage-led grower with a 75-year-old founder — textbook succession opportunity.

Opportunity 76/100 (strong), bankability 57/100. Strong seller-intent signal (63/100, director aged 75). Biggest value-creation lever: Consolidate lender relationships. 12 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (57/100).

🏦

Refinance opportunity

31 live charges · 9 lenders · oldest 37.9y

25/100
too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

  • · Oldest live charge is 37.9 years old — likely at or near maturity.
  • · 9 lenders named — inter-creditor friction likely.
  • · Legal-friction score 50/100 (high).

Data confidence

Overall: high (80/100)

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
31 charges (31/31 with lender, 31/31 with type)
90
Directors & officers
6 officers (5 active, 6 linked, 5 with DOB)
87
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
173 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
76/100Strong
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
74
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Profitable
Profit before tax £1,023,866
Turnover YoY
-9%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Apr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-04-302024-04-30
Turnover£45.39M£49.62M
Gross profit£3.69M£3.74M
Operating profit£1.04M£1.27M
Profit before tax£1.02M£1.22M
Average employees51005700

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

🔒Filing-note intelligence

3 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
3
filings
  • 1 confirmation-statement
  • 1 accounts
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (79 events)Click to expand
  1. 2025-12-05
    📄
    accounts-with-accounts-type-full
    accounts · AA
  2. 2025-12-01
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-08-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2025-02-04
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  5. 2025-02-03
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  6. 2025-01-31
    🔒
    Charge registered #31
    Lender: Northern Bank Limited
  7. 2025-01-31
    🔒
    Charge registered #30
    Lender: Northern Bank Limited
  8. 2024-11-20
    📄
    accounts-with-accounts-type-full
    accounts · AA
  9. 2024-05-31
    📄
    memorandum-articles
    incorporation · MA
  10. 2024-04-23
    📄
    resolution
    resolution · RESOLUTIONS
  11. 2024-04-19
    📄
    capital-allotment-shares
    capital · SH01
  12. 2024-04-19
    📄
    memorandum-articles
    incorporation · MA
  13. 2024-01-26
    📄
    accounts-with-accounts-type-full
    accounts · AA
  14. 2024-01-09
    📄
    memorandum-articles
    incorporation · MA
  15. 2024-01-09
    📄
    capital-allotment-shares
    capital · SH01
  16. 2024-01-09
    📄
    capital-name-of-class-of-shares
    capital · SH08
  17. 2024-01-09
    📄
    resolution
    resolution · RESOLUTIONS
  18. 2024-01-09
    📄
    capital-variation-of-rights-attached-to-shares
    capital · SH10
  19. 2023-06-07
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  20. 2023-06-07
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  21. 2023-06-07
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  22. 2023-06-02
    📄
    capital-return-purchase-own-shares
    capital · SH03
  23. 2023-05-30
    📄
    capital-cancellation-shares
    capital · SH06
  24. 2023-01-18
    📄
    accounts-with-accounts-type-full
    accounts · AA
  25. 2022-02-09
    🔒
    Charge registered #29
    Lender: Northern Bank Limited
  26. 2020-09-21
    🔓
    Charge satisfied #19
  27. 2020-09-15
    🔒
    Charge registered #28
    Lender: Northern Bank Limited
  28. 2019-08-15
    RODGERS, Colm appointed
    director
  29. 2019-08-15
    SMALL, Vincent John appointed
    director
  30. 2018-11-30
    MURPHY, Cormac appointed
    director
  31. 2018-05-29
    SMITH, William James resigned
    director
  32. 2016-11-28
    🔓
    Charge satisfied #14
  33. 2016-11-28
    🔓
    Charge satisfied #13
  34. 2016-11-08
    🔓
    Charge satisfied #23
  35. 2016-11-08
    🔓
    Charge satisfied #22
  36. 2016-11-08
    🔓
    Charge satisfied #21
  37. 2016-11-08
    🔓
    Charge satisfied #20
  38. 2016-03-24
    🔓
    Charge satisfied #7
  39. 2016-03-22
    🔓
    Charge satisfied #17
  40. 2016-03-22
    🔓
    Charge satisfied #16
  41. 2016-03-22
    🔓
    Charge satisfied #15
  42. 2016-03-22
    🔓
    Charge satisfied #12
  43. 2016-03-22
    🔓
    Charge satisfied #11
  44. 2016-03-22
    🔓
    Charge satisfied #10
  45. 2016-03-22
    🔓
    Charge satisfied #9
  46. 2016-03-22
    🔓
    Charge satisfied #8
  47. 2016-03-03
    🔒
    Charge registered #27
    Lender: Northern Bank Limited
  48. 2016-03-03
    🔒
    Charge registered #26
    Lender: Northern Bank Limited
  49. 2016-03-03
    🔒
    Charge registered #25
    Lender: Northern Bank Limited
  50. 2016-03-03
    🔒
    Charge registered #24
    Lender: Northern Bank Limited
Showing most recent 50 of 79 events

Owner dependency

73/100
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 41 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 75 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

90/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 75 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 41 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 41 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 · 1 low
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.

13 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr William James Joseph Murphy
Individual · Irish · DOB 04/1951 · age 75
75100%
75–100%75-100% shares · 75-100% voting06/04/2016
2 historic (ceased) PSCs
  • Mrs Mary (Aileen) Helena Smithceased 26/04/2023· 25-50% shares
  • Mr William James Smithceased 29/05/2018· 25-50% shares

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

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
Incorporated1984-12-06
Jurisdictionnorthern-ireland
Primary SIC43390 — Other building completion and finishing

Registered office

20 Cascum Crescent
The Boulevard Outlet Park
Banbridge
BT32 4GL
Northern Ireland

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-01-13
Last: 2025-12-30

Officers (5 active · 1 resigned)

MURPHY, William James Joseph, Mr.
secretary · appointed 1984-12-06
View their other companies + combined net worth →
Active
MURPHY, Cormac
director · ~47y · appointed 2018-11-30
View their other companies + combined net worth →
Active
MURPHY, William James Joseph, Mr.
director · ~75y · appointed 1984-12-06
View their other companies + combined net worth →
Active
RODGERS, Colm
director · ~47y · appointed 2019-08-15
View their other companies + combined net worth →
Active
SMALL, Vincent John
director · ~55y · appointed 2019-08-15
View their other companies + combined net worth →
Active
SMITH, William James
director · ~76y · appointed 1984-12-06 · resigned 2018-05-29
Resigned

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

Mortgages & charges

31
Total charges
13
Outstanding
2
Active lenders
Status:Lender:31 of 31 shown
TypeProperties
outstanding
Northern Bank
Northern Bank Limited
A registered charge2 properties31/01/2025
outstanding
Northern Bank
Northern Bank Limited
A registered charge2 properties31/01/2025
outstanding
Northern Bank
Northern Bank Limited
A registered charge2 properties09/02/2022
outstanding
Northern Bank
Northern Bank Limited
A registered charge1 property15/09/2020
outstanding
Northern Bank
Northern Bank Limited
A registered charge1 property03/03/2016
outstanding
Northern Bank
Northern Bank Limited
A registered charge1 property03/03/2016
outstanding
Northern Bank
Northern Bank Limited
A registered charge1 property03/03/2016
outstanding
Northern Bank
Northern Bank Limited
A registered charge1 property03/03/2016
satisfied
Lagan Homes
Lagan Homes Limited
A registered charge1 property03/03/201608/11/2016
satisfied
Lagan Homes
Lagan Homes Limited
A registered charge1 property03/03/201608/11/2016
satisfied
Lagan Homes
Lagan Homes Limited
A registered charge1 property03/03/201608/11/2016
satisfied
Lagan Homes
Lagan Homes Limited
A registered charge1 property03/03/201608/11/2016
satisfied
Northern Bank
Northern Bank Limited
Legal charge1 property31/08/201121/09/2020
satisfied
Northern Bank
Northern Bank Limited
Mortgage/legal charge1 property27/05/201114/07/2011
satisfied
NatWest Group
Ulster Bank Limited
Mortgage or charge1 property01/06/200722/03/2016
satisfied
NatWest Group
Ulster Bank Limited
Mortgage or charge1 property26/06/200622/03/2016
satisfied
NatWest Group
Ulster Bank Limited
Mortgage or charge2 properties31/03/200622/03/2016
satisfied
Ifsc Dublin 1 / National Irish Bank / International House
Mortgage or charge1 property18/12/200328/11/2016
satisfied
National Irish Bank / Talaght Dublin
Mortgage or charge1 property06/10/200328/11/2016
satisfied
NatWest Group
Ulster Bank Limited
Mortgage or charge1 property31/10/200222/03/2016
satisfied
NatWest Group
Ulster Bank Limited
Mortgage or charge2 properties14/12/200022/03/2016
satisfied
NatWest Group
Ulster Bank Limited
Mortgage or charge2 properties02/10/200022/03/2016
satisfied
NatWest Group
Ulster Bank Limited
Mortgage or charge2 properties02/10/200022/03/2016
satisfied
Lombard & Ulster
Lombard & Ulster LTD
Mortgage or charge1 property28/10/199922/03/2016
satisfied
40 Linenhall Street / Lombard and Ulster
Mortgage or charge1 property10/11/199824/03/2016
outstanding
Northern Bank
Northern Bank LTD
Mortgage or charge1 property08/05/1997
satisfied
Northern Bank
Northern Bank LTD
Mortgage or charge1 property24/06/199606/05/2014
outstanding
Northern Bank
Northern Bank LTD
Mortgage or charge1 property16/12/1991
outstanding
Northern Bank
Northern Bank LTD
Mortgage or charge1 property28/06/1989
outstanding
Northern Bank
Northern Bank LTD
Mortgage or charge1 property28/06/1989
outstanding
Allied Irish Bank
Mortgage or charge1 property23/06/1988
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (173 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-02
accounts-with-accounts-type-full
accounts · AA
2025-12-05
change-person-director-company-with-change-date
officers · CH01
2025-12-01
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-08-17
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-02-04
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-02-03
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-03
accounts-with-accounts-type-full
accounts · AA
2024-11-20
memorandum-articles
incorporation · MA
2024-05-31
resolution
resolution · RESOLUTIONS
2024-04-23
capital-allotment-shares
capital · SH01
2024-04-19
memorandum-articles
incorporation · MA
2024-04-19
accounts-with-accounts-type-full
accounts · AA
2024-01-26
memorandum-articles
incorporation · MA
2024-01-09
capital-allotment-shares
capital · SH01
2024-01-09