J. H. TURKINGTON & SONS LIMITED
🌳Matureactive
NI018132 · ltd · incorporated 1985-01-24
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
—
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
PursueActive trading company with a 72-year-old founder — textbook succession opportunity.
Opportunity 79/100 (strong), bankability 67/100. Strong seller-intent signal (63/100, director aged 72). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 24 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (77/100).
🏦
Refinance opportunity
47 live charges · 16 lenders · oldest 40.3y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 40.3 years old — likely at or near maturity.
- · 16 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — 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, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
47 charges (47/47 with lender, 47/47 with type)
90
Directors & officers
11 officers (3 active, 11 linked, 10 with DOB)
88
Ownership & PSC
4 active PSC(s) of 5 total, 5 with control declared
90
Director network
12 connected companies via shared directors
81
Filing history
247 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
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.
Signals from accounts
Derived from iXBRL accounts · FRS 102Profitable
Profit before tax £2,917,390
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 | 2024-12-30 | 2023-12-30 |
|---|---|---|
| Profit before tax | £2.92M | £3.22M |
| Average employees | 8000 | 7900 |
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
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (129 events)Click to expand
- 2025-11-05📄change-person-director-company-with-change-dateofficers · CH01
- 2025-07-09📄accounts-with-accounts-type-fullaccounts · AA
- 2024-07-05📄accounts-with-accounts-type-fullaccounts · AA
- 2024-01-18📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-01-18🔓Charge satisfied #41
- 2024-01-12📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2023-10-24📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-10-24🔓Charge satisfied #47
- 2023-07-20📄accounts-with-accounts-type-fullaccounts · AA
- 2022-07-25📄accounts-with-accounts-type-fullaccounts · AA
- 2021-09-08📄accounts-with-accounts-type-fullaccounts · AA
- 2021-08-18📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-08-12🔒Charge registered #47Lender: Business Capital & Finance (Jht) LTD
- 2020-08-13📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-08-13📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-08-13📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-08-13📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-08-13🔓Charge satisfied #44
- 2020-08-13🔓Charge satisfied #43
- 2020-08-13🔓Charge satisfied #42
- 2020-08-13🔓Charge satisfied #40
- 2020-07-29📄accounts-with-accounts-type-fullaccounts · AA
- 2019-07-01📄accounts-with-accounts-type-fullaccounts · AA
- 2018-08-10📄accounts-with-accounts-type-fullaccounts · AA
- 2018-05-28➖TURKINGTON, Mavis Irene resignedsecretary
- 2018-05-28➖TURKINGTON, Mavis Irene resigneddirector
- 2016-04-01➖MCKEAG, Robert James resigneddirector
- 2015-10-02🔓Charge satisfied #11
- 2015-09-08🔓Charge satisfied #29
- 2015-09-01🔓Charge satisfied #38
- 2015-09-01🔓Charge satisfied #37
- 2015-09-01🔓Charge satisfied #35
- 2015-09-01🔓Charge satisfied #34
- 2015-09-01🔓Charge satisfied #33
- 2015-09-01🔓Charge satisfied #32
- 2015-09-01🔓Charge satisfied #28
- 2015-09-01🔓Charge satisfied #27
- 2015-09-01🔓Charge satisfied #26
- 2015-09-01🔓Charge satisfied #25
- 2015-09-01🔓Charge satisfied #23
- 2015-09-01🔓Charge satisfied #20
- 2015-09-01🔓Charge satisfied #21
- 2015-09-01🔓Charge satisfied #19
- 2015-09-01🔓Charge satisfied #17
- 2015-09-01🔓Charge satisfied #14
- 2015-09-01🔓Charge satisfied #12
- 2015-09-01🔓Charge satisfied #10
- 2015-09-01🔓Charge satisfied #9
- 2015-09-01🔓Charge satisfied #7
- 2015-09-01🔓Charge satisfied #6
Showing most recent 50 of 129 events
Owner dependency
98/100
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
- +Founder name in company name: Company name contains director surname "TURKINGTON" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 41 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 72 — 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 candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 72 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 ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Turkington Holdco (Ni) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Turkington Holdco (Ni) Limited
Corporate parent · holds 75-100% shares
⬇
J. H. TURKINGTON & SONS LIMITED
This company · NI018132
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
4 active beneficial owners · dominant holder ≥75% · fragmented| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Turkington Holdco (Ni) Limited Corporate entity | 75–100% | — | 75-100% shares | 06/04/2016 |
Mr Trevor Henry Turkington Individual · British · DOB 10/1954 · age 72 | — | — | sig. influencesignificant influence | 31/12/2016 |
Mr Mark Raymond Dundas Individual · British · DOB 01/1976 · age 50 | — | — | sig. influencesignificant influence | 31/12/2016 |
Mr Gary Trevor Turkington Individual · British · DOB 01/1981 · age 45 | — | — | sig. influencesignificant influence | 31/12/2016 |
1 historic (ceased) PSC
- Mrs Mavis Irene Turkingtonceased 28/05/2018· significant influence
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 · Construction · BT postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BSG CIVIL ENGINEERING LIMITED→ NI021016 · est 1987 | £25.64M £18.31M–£32.96M | £36.49M | — | 8700 | 38y | 85 | 73y |
| E.J.C. CONTRACTS LTD→ NI045412 · est 2003 | £24.32M £17.37M–£31.26M | £30.79M | — | 6600 | 23y | 90 | 54y |
| PETER MCCORMACK & SONS LIMITED→ NI038813 · est 2000 | £16.43M £11.74M–£21.13M | — | — | 2200 | 25y | 85 | 60y |
| P MCVEY BUILDING SYSTEMS LTD→ NI634141 · est 2015 | £14.13M £10.09M–£18.17M | £24.15M | — | 5400 | 10y | 90 | 66y |
| M.J. MCBRIDE CONSTRUCTION LTD→ NI066620 · est 2007 | £14.06M £10.04M–£18.07M | £19.82M | — | 1500 | 18y | 87 | 77y |
| SOUTH BANK SQUARE LTD→ NI605444 · est 2010 | £12.16M £8.69M–£15.64M | £13.65M | — | 400 | 15y | 86 | 73y |
| D B BUILDING CONTRACTS LTD→ NI045897 · est 2003 | £8.19M £5.85M–£10.53M | — | — | 48 | 23y | 84 | 60y |
| P MCK LTD→ NI062901 · est 2007 | £7.58M £5.42M–£9.75M | £16.85M | — | 5100 | 19y | 87 | 71y |
| CORICK INVESTMENTS LIMITED→ NI025056 · est 1990 | £6.35M £4.54M–£8.16M | — | — | 0 | 35y | 92 | 69y |
| BAYVIEW CONTRACTS LTD→ NI041488 · est 2001 | £4.57M £3.26M–£5.87M | £24.46M | — | 17900 | 24y | 87 | 61y |
| ADSTON (UK) LIMITED→ NI605512 · est 2010 | £4.00M £2.86M–£5.15M | £11.40M | — | 1100 | 15y | 100 | 79y |
| F G ANDERSON & SONS LTD→ NI681234 · est 2021 | £2.79M £1.99M–£3.59M | — | — | 0 | 4y | 85 | 69y |
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
Incorporated1985-01-24
Jurisdictionnorthern-ireland
Primary SIC41100 — Development of building projects
Registered office
James Park
Mahon Road
Portadown
BT62 3EH
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-30
Confirmation statement
Next due: 2026-12-26
Last: 2025-12-12
Officers (3 active · 8 resigned)
DUNDAS, Mark Raymond→
Activedirector · ~50y · appointed 2015-01-29
View their other companies + combined net worth →
TURKINGTON, Gary Trevor→
Activedirector · ~45y · appointed 2015-01-29
View their other companies + combined net worth →
TURKINGTON, Trevor Henry→
Activedirector · ~72y · appointed 1985-01-24
View their other companies + combined net worth →
TURKINGTON, Mavis Irene→
Resignedsecretary · appointed 1985-01-24 · resigned 2018-05-28
BELL, Eril Gairdner→
Resigneddirector · ~82y · appointed 2005-02-01 · resigned 2015-02-26
MATCHETT, Robert John→
Resigneddirector · ~76y · appointed 2005-02-01 · resigned 2011-01-31
MCKEAG, Robert James→
Resigneddirector · ~72y · appointed 2015-04-15 · resigned 2016-04-01
MCKEAG, Robert James→
Resigneddirector · ~72y · appointed 1998-11-25 · resigned 2015-02-10
TURKINGTON, Elizabeth E→
Resigneddirector · ~107y · appointed 1985-01-24 · resigned 2013-07-16
TURKINGTON, Joseph H→
Resigneddirector · ~108y · appointed 1985-01-24 · resigned 2015-01-18
TURKINGTON, Mavis Irene→
Resigneddirector · ~71y · appointed 1985-01-24 · resigned 2018-05-28
Click a director name to see their full track record across all companies.
Mortgages & charges
47
Total charges
2
Outstanding
1
Active lenders
Status:Lender:47 of 47 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Business Capital & Finance (Jht) Business Capital & Finance (Jht) LTD | A registered charge | — | 12/08/2021 | 24/10/2023 | |
| outstanding | Northern Bank Northern Bank Limited | A registered charge | 2 properties | 26/08/2015 | — | |
| outstanding | Northern Bank Northern Bank Limited | A registered charge | 2 properties | 26/08/2015 | — | |
| satisfied | Aib Group (UK) Aib Group (UK) PLC | Mortgage or charge | 1 property | 04/09/2009 | 13/08/2020 | |
| satisfied | Aib Group (UK) Aib Group (UK) PLC | Mortgage or charge | 1 property | 07/04/2009 | 13/08/2020 | |
| satisfied | Aib Group (UK) Aib Group (UK) PLC | Mortgage or charge | 1 property | 02/03/2009 | 13/08/2020 | |
| satisfied | Aib Group (UK) Aib Group (UK) PLC | Standard security | 1 property | 19/11/2008 | 18/01/2024 | |
| satisfied | Aib Group (UK) Aib Group (UK) PLC | Mortgage or charge | 1 property | 03/07/2008 | 13/08/2020 | |
| satisfied | NatWest Group Ulster Bank Ireland Limited / Ulster Bank Limited | Mortgage or charge | 1 property | 11/04/2008 | 26/08/2009 | |
| satisfied | NatWest Group Ulster Bank Limited / Ulster Bank Ireland Limited | Mortgage or charge | 1 property | 03/03/2008 | 01/09/2015 | |
| satisfied | NatWest Group Ulster Bank Ireland Limited / Ulster Bank Limited | Mortgage or charge | 2 properties | 02/01/2008 | 01/09/2015 | |
| satisfied | NatWest Group Ulster Bank Limited / Ulster Bank Ireland Limited | Mortgage or charge | 1 property | 02/01/2008 | 26/08/2009 | |
| satisfied | NatWest Group Ulster Bank Limited And / Ulster Bank Ireland Limited | Mortgage or charge | 2 properties | 29/06/2007 | 01/09/2015 | |
| satisfied | NatWest Group Ulster Bank Limited / Ulster Bank Ireland Limited | Mortgage or charge | 5 properties | 16/12/2005 | 01/09/2015 | |
| satisfied | NatWest Group Ulster Bank Ireland Limited | Mortgage or charge | 1 property | 15/07/2005 | 01/09/2015 | |
| satisfied | NatWest Group & Ulster Bank / Ulster Bank Limited / Quay DUBLIN2 | Mortgage or charge | 1 property | 05/04/2004 | 01/09/2015 | |
| satisfied | NatWest Group Georges Quay / Ulster Bank Limited / & Ulster Bank | Mortgage or charge | 1 property | 23/03/2004 | 26/08/2009 | |
| satisfied | NatWest Group & Ulster Bank Group / & Ulster Bank / Ulster Bank Limited | Mortgage or charge | 2 properties | 16/03/2004 | 02/02/2009 | |
| satisfied | NatWest Group Ulster Bank Limited / Sq Belfast / Ulster Bank Ireland | Mortgage or charge | 2 properties | 06/11/2003 | 08/09/2015 | |
| satisfied | NatWest Group Ulster Bank Ireland / Ulster Bank Limited / Group Centre Georges | Mortgage or charge | 2 properties | 28/10/2003 | 01/09/2015 | |
| satisfied | NatWest Group Ulster Bank Limited / Dublin 2 / Ulster Bank Ireland | Mortgage or charge | 2 properties | 30/09/2003 | 01/09/2015 | |
| satisfied | NatWest Group Ulster Bank Ireland / Quay Dublin 2 / Ulster Bank Limited | Mortgage or charge | 2 properties | 17/07/2003 | 01/09/2015 | |
| satisfied | NatWest Group Square East Belfast / Ireland Georges / Ulster Bank Limited | Mortgage or charge | 1 property | 04/07/2003 | 01/09/2015 | |
| satisfied | NatWest Group Ireland Limited / Sqaure East Belfast / Ulster Bank Limited | Mortgage or charge | 2 properties | 06/05/2003 | 02/02/2009 | |
| satisfied | NatWest Group Ulster Bank Limited / Square East, Belfast / Ireland Limited | Mortgage or charge | 2 properties | 10/02/2003 | 01/09/2015 | |
| satisfied | NatWest Group Ulster Bank Limited / Square East, Belfast | Mortgage or charge | 2 properties | 29/04/2002 | 26/08/2009 | |
| satisfied | NatWest Group Ulster Bank Limited | Mortgage or charge | 2 properties | 30/10/2001 | 01/09/2015 | |
| satisfied | NatWest Group Ulster Bank Limited | Mortgage or charge | 2 properties | 29/10/2001 | 01/09/2015 | |
| satisfied | NatWest Group Ulster Bank Limited | Mortgage or charge | 2 properties | 13/06/2001 | 01/09/2015 | |
| satisfied | NatWest Group Ulster Bank Limited | Mortgage or charge | 2 properties | 13/06/2001 | 26/08/2009 | |
| satisfied | NatWest Group Ulster Bank Limited | Mortgage or charge | 4 properties | 29/05/2001 | 01/09/2015 | |
| satisfied | NatWest Group Ulster Bank Limited | Mortgage or charge | 2 properties | 21/02/2001 | 26/08/2009 | |
| satisfied | NatWest Group Ulster Bank Limited | Mortgage or charge | 2 properties | 18/01/2001 | 26/08/2009 | |
| satisfied | NatWest Group Ulster Bank Limited | Mortgage or charge | 1 property | 13/12/2000 | 01/09/2015 | |
| satisfied | NatWest Group Ulster Bank Limited | Mortgage or charge | 2 properties | 23/11/2000 | 04/09/2009 | |
| satisfied | NatWest Group Ulster Bank Limited | Mortgage or charge | 1 property | 22/09/2000 | 01/09/2015 | |
| satisfied | NatWest Group Ulster Bank Limited | Mortgage or charge | 3 properties | 03/07/2000 | 02/10/2015 | |
| satisfied | NatWest Group Ulster Bank Limited | Mortgage or charge | 2 properties | 04/02/2000 | 01/09/2015 | |
| satisfied | NatWest Group Ulster Bank Limited | Mortgage or charge | 2 properties | 30/11/1999 | 01/09/2015 | |
| satisfied | NatWest Group East / Ulster Bank Limited | Mortgage or charge | 2 properties | 13/08/1999 | 26/08/2009 | |
| satisfied | NatWest Group Ulster Bank LTD | Mortgage or charge | 1 property | 29/10/1998 | 01/09/2015 | |
| satisfied | NatWest Group Ulster Bank LTD | Mortgage or charge | 2 properties | 24/09/1998 | 01/09/2015 | |
| satisfied | NatWest Group Ulster Bank LTD | Mortgage or charge | 1 property | 31/10/1997 | 01/09/2015 | |
| satisfied | NatWest Group Ulster Bank LTD | Mortgage or charge | 1 property | 06/10/1997 | 01/09/2015 | |
| satisfied | Dept Economic Dev. | Mortgage or charge | 1 property | 13/01/1997 | 22/06/2015 | |
| satisfied | Barclays Barclays Mercantile | Mortgage or charge | 1 property | 31/03/1995 | 22/06/2015 | |
| satisfied | NatWest Group Ulster Bank LTD | Mortgage or charge | 1 property | 27/02/1986 | 01/09/2015 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (247 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-12
change-person-director-company-with-change-date
officers · CH01
2025-11-05
accounts-with-accounts-type-full
accounts · AA
2025-07-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-03
accounts-with-accounts-type-full
accounts · AA
2024-07-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-06
mortgage-satisfy-charge-full
mortgage · MR04
2024-01-18
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-01-12
mortgage-satisfy-charge-full
mortgage · MR04
2023-10-24
accounts-with-accounts-type-full
accounts · AA
2023-07-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-08
accounts-with-accounts-type-full
accounts · AA
2022-07-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-31
accounts-with-accounts-type-full
accounts · AA
2021-09-08
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-08-18