AES BELFAST WEST POWER LIMITED

🌳Matureactive
NI026037 · ltd · incorporated 1991-10-25
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.
Why now
Window steady · low confidence
Steady and tidy — no seller pressure yet. Approach only if an angle opens.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 34.0y old — refinance window within 12 months
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
80/100
Exceptional
🔔
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What this business does
Primary activity: Non-trading company
Sector: Professional, scientific & technical
Investor take
Pursue
Strong opportunity: dormant / non-trading with exceptional profile and bankable structure.

Opportunity 80/100 (exceptional), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 34.0y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 34.0 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 20/100 — clean.

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
31 officers (2 active, 31 linked, 26 with DOB)
87
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
161 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
75
Strong succession / seller-readiness signals.
Risk profile
85
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 (81 events)Click to expand
  1. 2025-07-21
    📄
    accounts-with-accounts-type-full
    accounts · AA
  2. 2025-06-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  3. 2025-05-30
    ➕
    CHAPMAN, Paul John appointed
    director
  4. 2025-05-21
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2025-04-14
    ➖
    NIKSARLI, Ekin resigned
    director
  6. 2024-11-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2024-10-12
    ➖
    AKDAG, Elizabeth resigned
    director
  8. 2024-09-05
    📄
    accounts-with-accounts-type-full
    accounts · AA
  9. 2023-07-27
    📄
    accounts-with-accounts-type-full
    accounts · AA
  10. 2022-09-13
    📄
    accounts-with-accounts-type-full
    accounts · AA
  11. 2021-09-08
    📄
    accounts-with-accounts-type-full
    accounts · AA
  12. 2020-07-31
    📄
    accounts-with-accounts-type-full
    accounts · AA
  13. 2020-01-23
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2019-09-18
    📄
    accounts-with-accounts-type-full
    accounts · AA
  15. 2019-06-17
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2019-06-17
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  17. 2019-06-17
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2019-06-17
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  19. 2019-06-17
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  20. 2019-06-17
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  21. 2019-06-17
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  22. 2019-06-12
    ➕
    REYNOLDS, Mark Edward appointed
    director
  23. 2019-06-12
    ➖
    LEEBURN, Julie resigned
    secretary
  24. 2019-06-12
    ➖
    SPENCE, Heather resigned
    secretary
  25. 2019-06-12
    ➕
    AKDAG, Elizabeth appointed
    director
  26. 2019-06-12
    ➖
    HUTCHINSON, Paul Austin resigned
    director
  27. 2019-06-12
    ➖
    LEEBURN, Julie resigned
    director
  28. 2019-06-12
    ➖
    MCCULLOUGH, James Timothy resigned
    director
  29. 2019-06-12
    ➕
    NIKSARLI, Ekin appointed
    director
  30. 2018-08-02
    ➕
    HUTCHINSON, Paul Austin appointed
    director
  31. 2018-08-02
    ➕
    LEEBURN, Julie appointed
    director
  32. 2018-08-02
    ➖
    LUNEY, Ian Robert resigned
    director
  33. 2018-05-31
    ➖
    CASEMENT, Roger Paul resigned
    director
  34. 2017-09-11
    ➕
    CASEMENT, Roger Paul appointed
    director
  35. 2017-06-26
    ➕
    SPENCE, Heather appointed
    secretary
  36. 2017-06-26
    ➖
    TULLY, Carla Michelle resigned
    director
  37. 2015-01-27
    ➕
    LUNEY, Ian Robert appointed
    director
  38. 2015-01-27
    ➖
    MILLER, Mark Edward resigned
    director
  39. 2015-01-27
    ➕
    TULLY, Carla Michelle appointed
    director
  40. 2014-05-01
    ➖
    O'NEILL, Lisa resigned
    secretary
  41. 2011-04-21
    ➖
    BOTHWELL, David resigned
    secretary
  42. 2011-04-21
    ➕
    LEEBURN, Julie appointed
    secretary
  43. 2010-10-01
    ➕
    BOTHWELL, David appointed
    secretary
  44. 2009-09-30
    ➖
    MCNEILLY, Robert George Alex resigned
    secretary
  45. 2009-09-30
    ➕
    O'NEILL, Lisa appointed
    secretary
  46. 2009-03-05
    ➕
    MILLER, Mark Edward appointed
    director
  47. 2009-02-13
    ➖
    PATON, John Derek resigned
    director
  48. 2006-03-03
    ➖
    LYNCH, Shane John Joseph resigned
    director
  49. 2006-03-03
    ➕
    PATON, John Derek appointed
    director
  50. 2004-03-01
    ➖
    HOPKINS, Neil Allen resigned
    director
Showing most recent 50 of 81 events

Owner dependency

66/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Senior director age: Director aged approximately 62 — approaching natural succession window.

Succession & seller-readiness

46/100
Moderate signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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

Aes (Ni) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Aes (Ni) Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
AES BELFAST WEST POWER LIMITED
This company · NI026037

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
Aes (Ni) Limited
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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

6 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
Incorporated1991-10-25
Jurisdictionnorthern-ireland
Primary SIC74990 — Non-trading company

Registered office

C/O Carson Mcdowell Llp, Murray House
Murray Street
Belfast
BT1 6DN
Northern Ireland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-11-08
Last: 2025-10-25

Officers (2 active · 29 resigned)

CHAPMAN, Paul John→
director · ~56y · appointed 2025-05-30
View their other companies + combined net worth →
Active
REYNOLDS, Mark Edward→
director · ~62y · appointed 2019-06-12
View their other companies + combined net worth →
Active
BOTHWELL, David→
secretary · appointed 2010-10-01 · resigned 2011-04-21
Resigned
LEEBURN, Julie→
secretary · appointed 2011-04-21 · resigned 2019-06-12
Resigned
MCNEILLY, Robert George Alex→
secretary · appointed 1991-10-25 · resigned 2009-09-30
Resigned
O'NEILL, Lisa→
secretary · appointed 2009-09-30 · resigned 2014-05-01
Resigned
SPENCE, Heather→
secretary · appointed 2017-06-26 · resigned 2019-06-12
Resigned
AKDAG, Elizabeth→
director · ~67y · appointed 2019-06-12 · resigned 2024-10-12
Resigned
ARMSTRONG, Michael Norman→
director · ~68y · appointed 2002-03-27 · resigned 2003-12-16
Resigned
CASEMENT, Roger Paul→
director · ~63y · appointed 2017-09-11 · resigned 2018-05-31
Resigned
FITZPATRICK, Mark Stuart→
director · ~75y · appointed 1999-04-23 · resigned 2002-06-28
Resigned
GHEERAERT, Florent→
director · ~88y · appointed 1998-04-29 · resigned 2000-05-12
Resigned
GODESAR, Rolf Karl→
director · ~84y · appointed 1991-10-25 · resigned 2000-05-12
Resigned
HOPKINS, Neil Allen→
director · ~62y · appointed 1991-10-25 · resigned 2004-03-01
Resigned
HUGHES, Adrian Francis→
director · ~57y · appointed 2001-04-06 · resigned 2002-06-28
Resigned
HUTCHINSON, Paul Austin→
director · ~58y · appointed 2018-08-02 · resigned 2019-06-12
Resigned
KENIS, Eric→
director · ~74y · appointed 1991-10-25 · resigned 2000-05-12
Resigned
LEEBURN, Julie→
director · ~43y · appointed 2018-08-02 · resigned 2019-06-12
Resigned
LUNEY, Ian Robert→
director · ~58y · appointed 2015-01-27 · resigned 2018-08-02
Resigned
LYNCH, Shane John Joseph→
director · ~64y · appointed 2004-03-01 · resigned 2006-03-03
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Barclays
Barclays Bank PLC
Debenture1 property31/05/199211/08/1994

Recent filings (161 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-28
accounts-with-accounts-type-full
accounts · AA
2025-07-21
appoint-person-director-company-with-name-date
officers · AP01
2025-06-03
termination-director-company-with-name-termination-date
officers · TM01
2025-05-21
termination-director-company-with-name-termination-date
officers · TM01
2024-11-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-07
accounts-with-accounts-type-full
accounts · AA
2024-09-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-30
accounts-with-accounts-type-full
accounts · AA
2023-07-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-31
accounts-with-accounts-type-full
accounts · AA
2022-09-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-29
accounts-with-accounts-type-full
accounts · AA
2021-09-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-30
accounts-with-accounts-type-full
accounts · AA
2020-07-31