BALLYNAGARD PROPERTIES LIMITED

🌳Matureactive

NI019977 · ltd · incorporated 1986-11-27

Investment thesis

Well-run mature business — low negotiation leverage; premium likely.

Why interesting: Textbook target; clean filings, stable trading.

Why risky: No pressure on seller; any deal likely at full price.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 33.8y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Nov 2024

Net worth

—

book net assets

Opportunity

83/100

Exceptional

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What this business does

Primary activity: Residents property management

Sector: Activities of households

Investor take

Pursue

Asset-holding vehicle with a 88-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 88). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · oldest 33.8y

65/100

clean up first

Refinance viable after a tidy-up — address the highlighted items first.

· Oldest live charge is 33.8 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (70/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed

Lenders & charges

2 charges (2/2 with lender, 2/2 with type)

Directors & officers

5 officers (4 active, 5 linked, 4 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

Network not yet resolved

Filing history

98 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

83/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Financials

Extracted from Companies House accounts · FRS 102

Metric	2024-11-30
Average employees	0

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

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (24 events)Click to expand

2025-08-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-04
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-02
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-08-06
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-07-22
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-08-27
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-08-20
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-05-30
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-06-02
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-01-27
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-07-10
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-01-27
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-08-19
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-01-17
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-07-13
➖
MCDAID, John resigned
director
1993-11-04
🔒
Charge registered #2
Lender: Allied Irish Banks PLC
1992-08-11
🔒
Charge registered #1
Lender: Allied Irish Banks PLC
1986-11-27
🏢
Company incorporated
As BALLYNAGARD PROPERTIES LIMITED
1986-11-27
➕
MOORE, Patrick appointed
secretary
1986-11-27
➕
BURKE, Ciaran appointed
director
1986-11-27
➕
MCCULLOUGH, Terence appointed
director
1986-11-27
➕
MOORE, Patrick appointed
director
1986-11-27
➕
MCDAID, John appointed
director

Owner dependency

75/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

+Long-tenure founder: Senior director has been in place 39 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 88 — succession pressure is live.

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 88 years old. Natural succession window is now.
primary20+ year tenure: Director in role 39 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 39 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

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner

Name	Shares	Voting rights	Nature of control	Notified
Mr Terence Mccullough Individual · Irish · DOB 09/1950 · age 76	—	—	sig. influencesignificant influence	06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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

Incorporated1986-11-27

Jurisdictionnorthern-ireland

Primary SIC98000 — Residents property management

Registered office

At The Offices Of:

Mcdaid Mccullough Moore

28 Clarendon Street

Derry

BT48 7HD

Filing status

Accounts

Next due: 2026-08-31

Last made up to: 2024-11-30

Confirmation statement

Next due: 2026-11-20

Last: 2025-11-06

Officers (4 active · 1 resigned)

MOORE, Patrick→

secretary · appointed 1986-11-27

View their other companies + combined net worth →

Active

BURKE, Ciaran→

director · ~88y · appointed 1986-11-27

View their other companies + combined net worth →

Active

MCCULLOUGH, Terence→

director · ~76y · appointed 1986-11-27

View their other companies + combined net worth →

Active

MOORE, Patrick→

director · ~74y · appointed 1986-11-27

View their other companies + combined net worth →

Active

MCDAID, John→

director · ~78y · appointed 1986-11-27 · resigned 2011-07-13

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:2 of 2 shown

			Type	Properties
	outstanding	Allied Irish Banks Allied Irish Banks PLC	Letter of undertaking	1 property	04/11/1993	—
	outstanding	Allied Irish Banks Allied Irish Banks PLC	Letter of undertaking	1 property	11/08/1992	—

Click column headers to sort. Use filters above to narrow by status and lender.