COMMUNITY TRAINING AND RESEARCH SERVICES LTD

🌳Matureactive
NI024807 · private-limited-guarant-nsc · incorporated 1990-09-13
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 Dec 2024
Net worth
£316.1k
book net assets
Opportunity
83/100
Exceptional
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What this business does
Primary activity: Public houses and bars
Sector: Accommodation & food service
Investor take
Pursue
Active trading company with a 84-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 57/100. Strong seller-intent signal (63/100, director aged 84). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

5 live charges · 2 lenders · oldest 26.4y

30/100
under pressure

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

  • · Oldest live charge is 26.4 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: high (82/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
7 officers (5 active, 7 linked, 6 with DOB)
87
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
91 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £316,098
Cash draining
Cash down 70% YoY
Cash YoY
-70%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£9k
↓ 70% YoY
Net Worth
£316k
↑ 7.7% YoY
Current Assets
£191k
↓ 18% YoY
Current Liabilities
—
£0£63k£126k£190k£253k£316kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£466.3k£464.4k
Current assets£190.5k£233.7k
Cash£8.6k£28.4k
Debtors£182.0k£205.3k
Net assets£316.1k£293.6k

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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
  1. 2025-07-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-07-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-07-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-08-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2020-09-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2019-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2018-08-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2017-08-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2016-11-17
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  11. 2016-11-16
    🔒
    Charge registered #5
    Lender: Ulster Bank Limited
  12. 2016-10-28
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  13. 2016-10-28
    🔓
    Charge satisfied #2
  14. 2016-08-04
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2015-10-08
    📄
    annual-return-company-with-made-up-date-no-member-list
    annual-return · AR01
  16. 2015-08-11
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2014-09-22
    📄
    annual-return-company-with-made-up-date-no-member-list
    annual-return · AR01
  18. 2004-03-30
    🔒
    Charge registered #4
    Lender: Ulster Bank Limited
  19. 2001-07-23
    🔒
    Charge registered #3
    Lender: Ulster Bank Limited
  20. 2000-09-04
    ➕
    MACKIN, Brendan appointed
    director
  21. 2000-09-04
    ➖
    CURRAN, James Paul resigned
    director
  22. 2000-09-04
    ➖
    MORRISSEY, Mike resigned
    director
  23. 2000-03-14
    🔒
    Charge registered #2
    Lender: Guinness Northern
  24. 1999-12-13
    🔒
    Charge registered #1
    Lender: Ulster Bank Limited
  25. 1990-09-13
    🏢
    Company incorporated
    As COMMUNITY TRAINING AND RESEARCH SERVICES LTD
  26. 1990-09-13
    ➕
    GREEN, Joyce appointed
    secretary
  27. 1990-09-13
    ➕
    BOWERS, Joseph appointed
    director
  28. 1990-09-13
    ➕
    GREEN, Joyce appointed
    director
  29. 1990-09-13
    ➕
    MC FEELY, Conal appointed
    director
  30. 1990-09-13
    ➕
    CURRAN, James Paul appointed
    director
  31. 1990-09-13
    ➕
    MORRISSEY, Mike appointed
    director

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
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 36 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 84 — 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 84 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 36 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 36 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.)

Group structure

Northern Ireland Trade Union Educational And Social Centre holds 25-50% — a significant corporate investor but not a controlling parent.

🏛️
Northern Ireland Trade Union Educational And Social Centre
Corporate parent
⬇
COMMUNITY TRAINING AND RESEARCH SERVICES LTD
This company · NI024807

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Northern Ireland Trade Union Educational And Social Centre
Corporate entity
——sig. influencesignificant influence06/04/2016

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 →

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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
Typeprivate-limited-guarant-nsc
Incorporated1990-09-13
Jurisdictionnorthern-ireland
Primary SIC56302 — Public houses and bars

Registered office

45 Donegall Street
Belfast
BT1 2FG

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-09-27
Last: 2025-09-13

Officers (5 active · 2 resigned)

GREEN, Joyce→
secretary · appointed 1990-09-13
View their other companies + combined net worth →
Active
BOWERS, Joseph→
director · ~84y · appointed 1990-09-13
View their other companies + combined net worth →
Active
GREEN, Joyce→
director · ~75y · appointed 1990-09-13
View their other companies + combined net worth →
Active
MACKIN, Brendan→
director · ~83y · appointed 2000-09-04
View their other companies + combined net worth →
Active
MC FEELY, Conal→
director · ~73y · appointed 1990-09-13
View their other companies + combined net worth →
Active
CURRAN, James Paul→
director · ~80y · appointed 1990-09-13 · resigned 2000-09-04
Resigned
MORRISSEY, Mike→
director · ~80y · appointed 1990-09-13 · resigned 2000-09-04
Resigned

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

Mortgages & charges

5
Total charges
4
Outstanding
1
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
outstanding
NatWest Group
Ulster Bank Limited
A registered charge1 property16/11/2016—
outstanding
NatWest Group
Ulster Bank Limited
Mortgage or charge1 property30/03/2004—
outstanding
NatWest Group
Ulster Bank Limited
Mortgage or charge1 property23/07/2001—
satisfied
Guinness Northern / Irish Bonding Group
Mortgage or charge1 property14/03/200028/10/2016
outstanding
NatWest Group
Ulster Bank Limited
Mortgage or charge1 property13/12/1999—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (91 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-09-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-10-19