BRIDGE ASSOCIATION-THE

🌳Matureactive

NI021368 · private-limited-guarant-nsc-limited-exemption · incorporated 1988-03-08

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

—

year to Mar 2025

Net worth

£824.8k

book net assets

Opportunity

83/100

Exceptional

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What this business does

Primary activity: Other education n.e.c.

Sector: Education

Investor take

Pursue

Active trading company with a 74-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 67/100. Strong seller-intent signal (63/100, director aged 74). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 22.6y

30/100

under pressure

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

· Oldest live charge is 22.6 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Cashflow trend is negative — lender view likely cautious.

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, 1 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

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

Directors & officers

28 officers (9 active, 28 linked, 23 with DOB)

Ownership & PSC

5 active PSC(s) of 6 total, 6 with control declared

Director network

Network not yet resolved

Filing history

153 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.

Signals from accounts

Derived from iXBRL accounts · FRS 102

Positive net assets

Net assets £824,830

Cash YoY

-23%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£105k

↓ 23% YoY

Net Worth

£825k

↑ 47% YoY

Current Assets

£214k

↓ 9.0% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-03-31	2024-03-31
Total assets	£993.1k	£709.0k
Current assets	£213.8k	£234.9k
Cash	£105.4k	£137.2k
Debtors	£32.4k	£31.4k
Net assets	£824.8k	£562.8k

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

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (68 events)Click to expand

2025-11-04
📄
accounts-with-accounts-type-full
accounts · AA
2024-12-19
📄
accounts-with-accounts-type-full
accounts · AA
2024-11-27
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-11-26
➖
MCLAUGHLIN, Matthew resigned
director
2024-01-03
📄
accounts-with-accounts-type-small
accounts · AA
2022-10-21
📄
accounts-with-accounts-type-small
accounts · AA
2022-03-18
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2022-03-18
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2022-03-18
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-03-18
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-03-18
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-03-18
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-03-18
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-03-18
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-03-18
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-03-07
➕
BARNES, Jacqueline Lindsay appointed
secretary
2022-03-07
➕
DUNLOP, Paul Samuel appointed
director
2022-03-07
➕
MCCLELLAND, Noreen Patricia appointed
director
2022-03-07
➖
MURRAY, Carole Ann resigned
secretary
2022-03-07
➖
NEILL, Bessie resigned
director
2022-03-07
➖
NEILL, Campbell Hugh resigned
director
2022-03-07
➖
THOMSON, Ian Philip resigned
director
2022-01-24
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-01-20
🔒
Charge registered #2
Lender: Aib Group (UK) P.L.C.
2021-12-17
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-02
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-31
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-02-22
➕
MCCULLAGH, Alexander Isaac appointed
director
2018-03-19
➖
BARNES, Jacqueline Lynsay Harris resigned
secretary
2016-07-04
➕
MONTGOMERY, William Alexander appointed
director
2016-07-04
➖
THE BRIDGE ASSOCIATION resigned
corporate-director
2016-06-04
➕
MURRAY, Carole Ann appointed
secretary
2016-04-15
➕
MCLAUGHLIN, Matthew appointed
director
2016-04-15
➕
NEILL, Bessie appointed
director
2016-04-15
➕
NEILL, Campbell Hugh appointed
director
2016-04-01
➖
EUSTACE, David John resigned
director
2016-04-01
➖
EUSTACE, Richard Ian resigned
director
2015-11-05
➕
MURRAY, Carole Ann appointed
director
2015-11-05
➕
THOMSON, Ian Philip appointed
director
2015-04-15
➖
MONTGOMERY, William resigned
director
2011-09-30
➕
EDMONT, David appointed
director
2010-10-18
➕
WATSON, Adrian David Cochrane appointed
director
2010-10-18
➕
EUSTACE, David John appointed
director
2010-10-18
➕
THE BRIDGE ASSOCIATION appointed
corporate-director
2010-09-28
➖
MCLAUGHLIN, Johnny, Cllr resigned
director
2008-04-01
➕
BARNES, Jacqueline Lynsay Harris appointed
secretary
2008-04-01
➖
EUSTACE, David John resigned
secretary
2008-04-01
➖
EUSTACE, David John resigned
director
2007-11-27
➕
MONTGOMERY, William appointed
director
2005-08-17
➕
MCLAUGHLIN, Johnny, Cllr appointed
director

Showing most recent 50 of 68 events

Owner dependency

65/100

High — earn-out structure required

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

FACTORS

-8 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 74 — 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 74 years old. Natural succession window is now.
primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 38 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

5 active beneficial owners · fragmented

Name	Shares	Voting rights	Nature of control	Notified
Mr Alexander Mccullagh Individual · British · DOB 08/1953 · age 73	—	—	sig. influencesignificant influence	07/03/2022
Mr David Edmont Individual · British · DOB 04/1959 · age 67	—	—	board controlboard control · trust interest	01/09/2016
Mrs Carole Murray Individual · British · DOB 03/1964 · age 62	—	—	board controlboard control · trust interest	01/09/2016
Mr William Alexander Montgomery Individual · British · DOB 05/1982 · age 44	—	—	board controlboard control · trust interest	01/09/2016
Mrs Jacqueline Lynsay Harris Barnes Individual · British · DOB 03/1966 · age 60	—	—	board controlboard control · trust interest	01/09/2016

1 historic (ceased) PSC

Mrs Bessie Neillceased 07/03/2022· board control · trust interest

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

Similar companies

Active · Education & training · BT postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
ATLAS WOMEN'S CENTRE→ NI059265 · est 2006 · no financials extracted	—	—	—	—	20y	83	79y
BELFAST CHARITABLE TRUST FOR INTEGRATED EDUCATION→ NI024429 · est 1990 · no financials extracted	—	—	—	—	36y	83	79y
COMPLETE CONSTRUCTION TRAINING SERVICES LIMITED→ NI605264 · est 2010	—	—	£486.6k	—	15y	83	60y
CRANMORE INTEGRATED PRIMARY SCHOOL LTD→ NI027338 · est 1993	—	—	—	0	33y	83	80y
DSG2010→ NI605815 · est 2011	—	—	£79.9k	—	15y	83	80y
DUNLOY DEVELOPMENT PARTNERSHIP→ NI605953 · est 2011	—	—	—	300	15y	83	70y
HAPPY DAYS (2000) LIMITED→ NI045542 · est 2003 · no financials extracted	—	—	—	—	23y	83	73y
HAPPY DAYS (2001) LIMITED→ NI045541 · est 2003 · no financials extracted	—	—	—	—	23y	83	73y
LOVE FOR LIFE→ NI043026 · est 2002 · no financials extracted	—	—	—	—	24y	83	76y
LURGAN YOUNG MEN'S CHRISTIAN ASSOCIATION→ NI063094 · est 2007 · no financials extracted	—	—	—	—	19y	83	76y
SÓLÁS→ NI072164 · est 2009 · no financials extracted	—	—	—	—	17y	83	67y
SOUTH TYRONE EMPOWERMENT PROGRAMME→ NI035735 · est 1999 · no financials extracted	—	—	—	—	27y	83	90y

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

Typeprivate-limited-guarant-nsc-limited-exemption

Incorporated1988-03-08

Jurisdictionnorthern-ireland

Primary SIC85590 — Other education n.e.c.

Registered office

Unit 41 Antrim Business Park Enkalon Industrial Estate

25 Randalstown Road

Antrim

BT41 4LD

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-11-15

Last: 2025-11-01