I A P C B LIMITED
🌳Matureactive
NI020068 · ltd · incorporated 1986-12-19
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
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Sale of new cars and light motor vehicles
Sector: Wholesale & retail
Investor take
PursueActive trading company with a 76-year-old founder — textbook succession opportunity.
Opportunity 78/100 (strong), bankability 67/100. Strong seller-intent signal (68/100, director aged 76). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 8 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
10 live charges · 8 lenders · oldest 39.2y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 39.2 years old — likely at or near maturity.
- · 8 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (61/100)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
No iXBRL financials extracted
0
Lenders & charges
10 charges (10/10 with lender, 10/10 with type)
90
Directors & officers
9 officers (3 active, 9 linked, 6 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
16 connected companies via shared directors
90
Filing history
139 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (48 events)Click to expand
- 2025-10-02📄accounts-with-accounts-type-fullaccounts · AA
- 2024-10-20📄accounts-with-accounts-type-fullaccounts · AA
- 2023-10-10📄accounts-with-accounts-type-fullaccounts · AA
- 2023-07-17📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-07-14➖COLLINSON, Adam resigneddirector
- 2023-07-14📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-07-13➕MOORHOUSE, Simon appointeddirector
- 2023-02-03📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-01-31🔒Charge registered #10Lender: National Westminster Bank PLC as Security Agent
- 2022-09-27📄accounts-with-accounts-type-fullaccounts · AA
- 2021-09-29📄accounts-with-accounts-type-fullaccounts · AA
- 2020-10-06📄accounts-with-accounts-type-fullaccounts · AA
- 2019-10-02📄accounts-with-accounts-type-fullaccounts · AA
- 2018-10-11📄accounts-with-accounts-type-fullaccounts · AA
- 2018-07-30📄appoint-person-director-company-with-name-dateofficers · AP01
- 2018-07-27➕MAGEE, Samuel Yuile appointeddirector
- 2017-09-14📄accounts-with-accounts-type-fullaccounts · AA
- 2016-10-19📄accounts-with-accounts-type-fullaccounts · AA
- 2016-03-02📄auditors-resignation-companyauditors · AUD
- 2012-06-30➕MURPHY, Alan appointedsecretary
- 2012-06-30➖AGNEW, Philip William resignedsecretary
- 2012-06-30➖AGNEW, Philip William resigneddirector
- 2012-01-24🔒Charge registered #9Lender: The Royal Bank of Scotland PLC
- 2012-01-24🔒Charge registered #8Lender: National Westminster Bank PLC
- 2012-01-19🔓Charge satisfied #2
- 2012-01-19🔓Charge satisfied #1
- 2012-01-10➖AGNEW, David Isaac resigneddirector
- 2012-01-10➕COLLINSON, Adam appointeddirector
- 2009-07-31🔒Charge registered #2Lender: Porsche Financial Services Great Britain Limited
- 2009-07-10🔒Charge registered #1Lender: Porsche Financial Services Great Britain Limited
- 2007-06-22➕AGNEW, Philip William appointedsecretary
- 2007-06-22➖MURRAY, James Peter resignedsecretary
- 2007-06-22➕AGNEW, Philip William appointeddirector
- 2007-06-22➖MURRAY, James Peter resigneddirector
- 1999-05-11🔓Charge satisfied #7
- 1999-05-11🔓Charge satisfied #6
- 1999-05-11🔓Charge satisfied #5
- 1999-05-11🔓Charge satisfied #4
- 1993-09-29🔒Charge registered #7Lender: Aib Group Northern Ireland PLC T/a First Trust Bank
- 1990-11-21🔓Charge satisfied #3
- 1990-11-19🔒Charge registered #6Lender: Tsb Bank Northern Ireland PLC
- 1990-07-10🔒Charge registered #5Lender: United Dominions Trust Limited
- 1987-01-27🔒Charge registered #4Lender: Vocs Finance Limited
- 1987-01-27🔒Charge registered #3Lender: Vocs Finance Limited
- 1986-12-19🏢Company incorporatedAs I A P C B LIMITED
- 1986-12-19➕MURRAY, James Peter appointedsecretary
- 1986-12-19➕AGNEW, David Isaac appointeddirector
- 1986-12-19➕MURRAY, James Peter appointeddirector
Owner dependency
73/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder age: Director aged approximately 76 — succession pressure is live.
Succession & seller-readiness
66/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 76 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
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
Isaag Agnew (Holdings) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Isaag Agnew (Holdings) Limited
Corporate parent · holds 75-100% shares · board control
⬇
I A P C B LIMITED
This company · NI020068
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Isaag Agnew (Holdings) Limited Corporate entity | 75–100% | 75–100% | board controlsig. influence75-100% shares · 75-100% voting · board control · significant 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 · Automotive · BT postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A S AUTO SPARK LIMITED→ NI737947 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ABM PARTS LIMITED→ NI711122 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ACSR LIMITED→ NI604650 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| ACTRADINGNI LTD→ NI733661 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ALAN GRAHAM RECOVERY LTD→ NI727272 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ALLOY DIRECT NI LTD→ NI733599 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AMCM MOTORS LIMITED→ NI666363 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ANJ PARTS LIMITED→ NI633856 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| AOCC SALES & REPAIRS LTD→ NI735536 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| APEX AUTO SALES LTD→ NI696632 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ARCHES CAR WASH LTD→ NI672162 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ARMAGH ATV LTD→ NI735276 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated1986-12-19
Jurisdictionnorthern-ireland
Primary SIC45111 — Sale of new cars and light motor vehicles
Registered office
18 Boucher Way
Belfast
BT12 6RE
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-07-14
Last: 2025-06-30
Officers (3 active · 6 resigned)
Active
MAGEE, Samuel Yuile→
Activedirector · ~76y · appointed 2018-07-27
View their other companies + combined net worth →
MOORHOUSE, Simon→
Activedirector · ~53y · appointed 2023-07-13
View their other companies + combined net worth →
AGNEW, Philip William→
Resignedsecretary · appointed 2007-06-22 · resigned 2012-06-30
MURRAY, James Peter→
Resignedsecretary · appointed 1986-12-19 · resigned 2007-06-22
AGNEW, David Isaac→
Resigneddirector · ~81y · appointed 1986-12-19 · resigned 2012-01-10
AGNEW, Philip William→
Resigneddirector · ~51y · appointed 2007-06-22 · resigned 2012-06-30
COLLINSON, Adam→
Resigneddirector · ~54y · appointed 2012-01-10 · resigned 2023-07-14
MURRAY, James Peter→
Resigneddirector · ~79y · appointed 1986-12-19 · resigned 2007-06-22
Click a director name to see their full track record across all companies.
Mortgages & charges
10
Total charges
3
Outstanding
3
Active lenders
Status:Lender:10 of 10 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | National Westminster Bank as Security Agent National Westminster Bank PLC as Security Agent | A registered charge | — | 31/01/2023 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Debenture | 1 property | 24/01/2012 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Debenture | 1 property | 24/01/2012 | — | |
| satisfied | Porsche Financial Services Great Britain Porsche Financial Services Great Britain Limited | Mortgage or charge | 1 property | 31/07/2009 | 19/01/2012 | |
| satisfied | Porsche Financial Services Great Britain Porsche Financial Services Great Britain Limited | Mortgage or charge | 1 property | 10/07/2009 | 19/01/2012 | |
| satisfied | Aib Group Northern Ireland T/a First Trust Bank Aib Group Northern Ireland PLC T/a First Trust Bank | Mortgage | 1 property | 29/09/1993 | 11/05/1999 | |
| satisfied | Lloyds Banking Group Tsb Bank Northern Ireland PLC | Mortgage debenture | 1 property | 19/11/1990 | 11/05/1999 | |
| satisfied | United Dominions Trust United Dominions Trust Limited | Mortgage and debenture | 1 property | 10/07/1990 | 11/05/1999 | |
| satisfied | Vocs Finance Vocs Finance Limited | Debenture | 1 property | 27/01/1987 | 11/05/1999 | |
| satisfied | Vocs Finance Vocs Finance Limited | Mortgage | 1 property | 27/01/1987 | 21/11/1990 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (139 total)
accounts-with-accounts-type-full
accounts · AA
2025-10-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-01
accounts-with-accounts-type-full
accounts · AA
2024-10-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-08
accounts-with-accounts-type-full
accounts · AA
2023-10-10
termination-director-company-with-name-termination-date
officers · TM01
2023-07-17
appoint-person-director-company-with-name-date
officers · AP01
2023-07-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-04
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-02-03
accounts-with-accounts-type-full
accounts · AA
2022-09-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-04
accounts-with-accounts-type-full
accounts · AA
2021-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-08
accounts-with-accounts-type-full
accounts · AA
2020-10-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-07-03