LODGE COURT DEVELOPMENT LIMITED

💤Zombieactive
NI022437 · ltd · incorporated 1989-03-07
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 Mar 2025
Net worth
—
book net assets
Opportunity
71/100
Strong
🔔
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What this business does
Primary activity: Management of real estate on a fee or contract basis
Sector: Real estate
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 71/100 (strong), bankability 75/100. 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).

Data confidence

Overall: medium (69/100)

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
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
8 officers (2 active, 8 linked, 6 with DOB)
85
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
98 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
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
77
Few red flags.
Signal strength
90
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£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees00

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
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
  1. 2025-12-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-10-22
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  3. 2025-10-22
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  4. 2025-10-22
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2025-10-22
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2025-10-21
    ➕
    MILLER, Richard Douglas James appointed
    secretary
  7. 2025-10-21
    ➕
    MILLER, Richard Douglas James appointed
    director
  8. 2025-10-21
    ➖
    CONN, Alice resigned
    secretary
  9. 2025-10-21
    ➖
    CONN, Alice resigned
    director
  10. 2024-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2023-12-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2022-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2022-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2021-11-18
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2020-12-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2019-12-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2018-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2017-12-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2017-12-09
    ➖
    MONTEITH, Alison Eleanor resigned
    director
  20. 2017-01-05
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  21. 2004-01-06
    ➖
    BRADLEY, Ellen Sinclair resigned
    director
  22. 2004-01-06
    ➕
    MONTEITH, Alison Eleanor appointed
    director
  23. 2000-11-17
    ➕
    CONN, Alice appointed
    director
  24. 2000-11-17
    ➖
    WETHERALL, May Kathleen resigned
    director
  25. 1998-12-01
    ➕
    BRADLEY, Ellen Sinclair appointed
    director
  26. 1998-12-01
    ➖
    PARR, Colin Rodgers resigned
    director
  27. 1989-03-07
    🏢
    Company incorporated
    As LODGE COURT DEVELOPMENT LIMITED
  28. 1989-03-07
    ➕
    CONN, Alice appointed
    secretary
  29. 1989-03-07
    ➕
    PARR, Colin Rodgers appointed
    director
  30. 1989-03-07
    ➕
    WETHERALL, May Kathleen 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

1 med ·
2 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: CONN, Alice resigned 2025-10-21; CONN, Alice resigned 2025-10-21

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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
Incorporated1989-03-07
Jurisdictionnorthern-ireland
Primary SIC68320 — Management of real estate on a fee or contract basis

Registered office

16 Main Street
Limavady
County Londonderry
BT49 0EU
Northern Ireland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-09-14
Last: 2025-08-31

Officers (2 active · 6 resigned)

MILLER, Richard Douglas James→
secretary · appointed 2025-10-21
View their other companies + combined net worth →
Active
MILLER, Richard Douglas James→
director · ~45y · appointed 2025-10-21
View their other companies + combined net worth →
Active
CONN, Alice→
secretary · appointed 1989-03-07 · resigned 2025-10-21
Resigned
BRADLEY, Ellen Sinclair→
director · ~89y · appointed 1998-12-01 · resigned 2004-01-06
Resigned
CONN, Alice→
director · ~55y · appointed 2000-11-17 · resigned 2025-10-21
Resigned
MONTEITH, Alison Eleanor→
director · ~72y · appointed 2004-01-06 · resigned 2017-12-09
Resigned
PARR, Colin Rodgers→
director · ~84y · appointed 1989-03-07 · resigned 1998-12-01
Resigned
WETHERALL, May Kathleen→
director · ~78y · appointed 1989-03-07 · resigned 2000-11-17
Resigned

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

Recent filings (98 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-18
confirmation-statement-with-updates
confirmation-statement · CS01
2025-11-07
termination-secretary-company-with-name-termination-date
officers · TM02
2025-10-22
appoint-person-secretary-company-with-name-date
officers · AP03
2025-10-22
termination-director-company-with-name-termination-date
officers · TM01
2025-10-22
appoint-person-director-company-with-name-date
officers · AP01
2025-10-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-31
termination-director-company-with-name-termination-date
officers · TM01
2021-11-18
confirmation-statement-with-updates
confirmation-statement · CS01
2021-10-15