BESSBROOK DEVELOPMENT COMPANY LIMITED

🌳Matureactive

NI027239 · private-limited-guarant-nsc · incorporated 1993-02-23

Investment thesis

Property vehicle with a workable charge structure — clean refinance potential.

Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.

Why risky: Dependent on title and valuation due diligence; standard property risks.

Why now

Window closing · high confidence

Getting harder to buy cheaply — 3 signals strengthening over the last 30 days.

· Hygiene score: 82 → 90
· Bankability: 80 → 75
· Refinance opportunity: clean_up_first → ready
· Legal friction: moderate → low

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 27.6y old — refinance window within 12 months

What changed my view

Last 30 days

Mixed signals in the last 30 days — 3 improved, 2 worsened.

↑Hygiene score: 82 → 90
↓Bankability: 80 → 75
↓Live charges: 1 → 2
↑Refinance opportunity: clean_up_first → ready
↑Legal friction: moderate → low

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

—

year to Dec 2024

Net worth

£158.2k

book net assets

Opportunity

83/100

Exceptional

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Other letting and operating of own or leased real estate

Sector: Real estate

Investor take

Pursue

Property-backed borrower with a 94-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 94). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 27.6y

70/100

ready

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

· Oldest live charge is 27.6 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Legal-friction score 20/100 — clean.

Data confidence

Overall: medium (71/100)

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

1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed

Lenders & charges

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

Directors & officers

34 officers (13 active, 34 linked, 32 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

Network not yet resolved

Filing history

142 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →

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 · accounting standard not declared

Positive net assets

Net assets £158,221

Key financials

1 year extracted from filed iXBRL accounts

Cash

—

Net Worth

£158k

Current Assets

£114k

Current Liabilities

—

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2024-12-31
Total assets	£417.8k
Current assets	£113.5k
Net assets	£158.2k

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

Recent activity

Last 30 days

filings

• 2 mortgage
• 1 accounts

Last 90 days

filings

• 2 mortgage
• 1 accounts

Last 180 days

filings

• 2 mortgage
• 1 accounts
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (77 events)Click to expand

2026-06-23
📄
mortgage-satisfy-charge-full
mortgage · MR04
2026-06-23
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-06-23
🔓
Charge satisfied #1
2026-06-22
🔒
Charge registered #2
Lender: Newry Mourne and Down District Council
2026-06-20
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-07-21
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-16
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-01-23
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-01-22
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-01-22
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-11-06
➕
CROZIER, Amanda appointed
director
2023-11-06
➕
HILLIS, Katie Sarah appointed
director
2023-11-06
➕
MULHOLLAND, Linda Rosemary appointed
director
2023-06-22
📄
accounts-with-accounts-type-audited-abridged
accounts · AA
2022-11-01
📄
accounts-with-accounts-type-audited-abridged
accounts · AA
2021-09-28
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-06-08
📄
accounts-with-accounts-type-audited-abridged
accounts · AA
2020-03-03
📄
appoint-person-director-company-with-name-date
officers · AP01
2020-03-03
📄
appoint-person-director-company-with-name-date
officers · AP01
2020-03-03
📄
appoint-person-director-company-with-name-date
officers · AP01
2020-03-03
📄
appoint-person-director-company-with-name-date
officers · AP01
2020-03-03
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2020-03-03
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2019-07-01
➖
CHAPMAN, Ross resigned
director
2019-06-27
➕
DELKOS, Loraine appointed
secretary
2019-06-27
➕
DELKOS, Loraine appointed
director
2019-06-27
➕
KENNEDY, Thomas Daniel appointed
director
2019-06-27
➕
MCGINN, Patrick appointed
director
2019-06-27
➕
MOAN, Patrick appointed
director
2019-06-27
➖
HANNA, Samuel resigned
secretary
2019-03-13
➖
LIVINGSTONE, Wesley resigned
director
2018-05-18
➖
CHAMBERS, Helen resigned
director
2015-05-05
➕
FOY, Francis Gerard appointed
director
2015-05-05
➕
CHAMBERS, Helen appointed
director
2013-03-06
➕
BLACK, Richard appointed
director
2013-01-30
➖
CARTMILL, Lisa resigned
director
2012-09-06
➖
BOYLE, Stephen resigned
director
2012-05-02
➖
FORBES, Alfred resigned
director
2012-01-06
➖
MALLON, Martin resigned
director
2012-01-06
➖
MCCOURT, Molly resigned
director
2012-01-06
➖
MOFFET, Betty resigned
director
2012-01-06
➖
MULHOLLAND, Rosemary resigned
director
2008-10-08
➖
HARVEY, Trevor resigned
director
2007-05-02
➕
BOYLE, Stephen appointed
director
2007-01-01
➕
HANNA, Samuel appointed
director
2007-01-01
➖
BOYLE, Michael resigned
director
2007-01-01
➕
MULHOLLAND, Rosemary appointed
director
2006-04-01
➖
FINNEGAN, Sean resigned
director
2005-12-25
➖
DODDS, Bram resigned
director
2005-05-25
➖
EVANS, Philomena Catherine resigned
director

Showing most recent 50 of 77 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

-12 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 33 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 94 — succession pressure is live.

Succession & seller-readiness

80/100

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 94 years old. Natural succession window is now.
primary20+ year tenure: Director in role 33 years. Very long tenure is a classic succession signal.
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

1 active beneficial owner

Name	Shares	Voting rights	Nature of control	Notified
Ms Kathleen Moore Individual · British · DOB 12/1953 · age 73	—	—	sig. influencesignificant influence	06/04/2016

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

Typeprivate-limited-guarant-nsc

Incorporated1993-02-23

Jurisdictionnorthern-ireland

Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

River House

Home Avenue

Newry

County Down

BT34 2DL

Northern Ireland

Filing status

Accounts

Next due: 2027-09-30

Last made up to: 2025-12-31

Confirmation statement

Next due: 2027-01-14

Last: 2025-12-31