HAYPARK HOMES LIMITED

💤Zombieactive
NI021021 · ltd · incorporated 1987-11-03
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Aug 2024
Net worth
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
ALSO REGISTERED FOR
  • 68201Renting and operating of Housing Association real estate
  • 87300Residential care activities for the elderly and disabled
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 75/100 (strong), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 36.1y

30/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 36.1 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (78/100)

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

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
7 officers (1 active, 7 linked, 6 with DOB)
87
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
110 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
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£0Aug 2023Aug 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-08-312023-08-31
Average employees27002700

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

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 (36 events)Click to expand
  1. 2025-05-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-01-30
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2024-10-08
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  4. 2024-10-08
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  5. 2024-10-08
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  6. 2024-10-08
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2024-10-08
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2024-10-08
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2024-10-08
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  10. 2024-10-04
    MCWHIRTER, James resigned
    secretary
  11. 2024-10-04
    LEITCH, Valerie Anne resigned
    director
  12. 2024-10-04
    MCWHIRTER, James resigned
    director
  13. 2024-10-04
    PUGH, Jennifer resigned
    director
  14. 2024-08-16
    REID, Sarah May Elizabeth appointed
    director
  15. 2024-08-16
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2024-05-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2023-05-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2022-07-07
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  19. 2022-07-07
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  20. 2022-07-07
    🔓
    Charge satisfied #2
  21. 2022-07-07
    🔓
    Charge satisfied #1
  22. 2022-03-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  23. 2021-05-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  24. 2020-03-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  25. 2019-04-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  26. 2016-08-11
    LEITCH, Valerie Anne appointed
    director
  27. 2016-08-11
    PUGH, Jennifer appointed
    director
  28. 2016-08-11
    TINDAL, Georgie, Mrs. resigned
    director
  29. 2014-02-01
    CUNNINGHAM, Ivan Alexander resigned
    director
  30. 2014-02-01
    TINDAL, Georgie, Mrs. appointed
    director
  31. 1992-01-10
    🔒
    Charge registered #2
    Lender: Ulster Bank LTD
  32. 1990-04-20
    🔒
    Charge registered #1
    Lender: Lombard & Ulster
  33. 1987-11-03
    🏢
    Company incorporated
    As HAYPARK HOMES LIMITED
  34. 1987-11-03
    MCWHIRTER, James appointed
    secretary
  35. 1987-11-03
    CUNNINGHAM, Ivan Alexander appointed
    director
  36. 1987-11-03
    MCWHIRTER, James 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
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

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

Group structure

Glasswater Lodge Retirement Home Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Glasswater Lodge Retirement Home Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
HAYPARK HOMES LIMITED
This company · NI021021

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
Glasswater Lodge Retirement Home Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control04/10/2024
2 historic (ceased) PSCs
  • Rushfield Management Services Limitedceased 04/10/2024· 25-50% shares · firm interest
  • Mr James Mcwhirterceased 04/10/2024· 25-50% shares

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
Incorporated1987-11-03
Jurisdictionnorthern-ireland
Primary SIC68100 — Buying and selling of own real estate

Registered office

22 St. Colmans Park
Newry
Down
BT34 2BX
Northern Ireland

Filing status

Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-06-20
Last: 2025-06-06

Officers (1 active · 6 resigned)

REID, Sarah May Elizabeth
director · ~52y · appointed 2024-08-16
View their other companies + combined net worth →
Active
MCWHIRTER, James
secretary · appointed 1987-11-03 · resigned 2024-10-04
Resigned
CUNNINGHAM, Ivan Alexander
director · ~81y · appointed 1987-11-03 · resigned 2014-02-01
Resigned
LEITCH, Valerie Anne
director · ~74y · appointed 2016-08-11 · resigned 2024-10-04
Resigned
MCWHIRTER, James
director · ~81y · appointed 1987-11-03 · resigned 2024-10-04
Resigned
PUGH, Jennifer
director · ~55y · appointed 2016-08-11 · resigned 2024-10-04
Resigned
TINDAL, Georgie, Mrs.
director · ~53y · appointed 2014-02-01 · resigned 2016-08-11
Resigned

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

Mortgages & charges

2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
NatWest Group
Ulster Bank LTD
Mortgage or charge1 property10/01/199207/07/2022
satisfied
Lombard & Ulster
Mortgage or charge1 property20/04/199007/07/2022

Recent filings (110 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-29
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-01-30
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-10-08
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-10-08
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-10-08
termination-director-company-with-name-termination-date
officers · TM01
2024-10-08
termination-director-company-with-name-termination-date
officers · TM01
2024-10-08
termination-director-company-with-name-termination-date
officers · TM01
2024-10-08
termination-secretary-company-with-name-termination-date
officers · TM02
2024-10-08
appoint-person-director-company-with-name-date
officers · AP01
2024-08-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-26