COAGH & DISTRICT DEVELOPMENT ASSOCIATION LIMITED

🌳Matureactive
NI030106 · private-limited-guarant-nsc · incorporated 1995-10-27
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 28.7y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£205.6k
book net assets
Opportunity
83/100
Exceptional
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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 74-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 74). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 28.7y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 28.7 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (72/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
9 officers (5 active, 9 linked, 8 with DOB)
88
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
2 connected companies via shared directors
51
Filing history
88 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒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
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 £205,625
Net assets shrinking
Down £4,599 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£206k
↓ 2.2% YoY
Current Assets
£121k
↑ 7.5% YoY
Current Liabilities
—
£0£42k£84k£126k£168k£210kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£337.6k£348.2k
Current assets£120.7k£112.3k
Net assets£205.6k£210.2k

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

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
  1. 2025-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-03-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-09-18
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  4. 2023-04-24
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2023-02-02
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  6. 2022-03-16
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  7. 2021-03-23
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  8. 2019-12-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2018-12-20
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  10. 2018-12-12
    ➖
    HOWARD, Eric resigned
    director
  11. 2018-03-14
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  12. 2018-03-13
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  13. 2018-03-06
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  14. 2016-12-28
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2016-12-02
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2016-12-02
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  17. 2016-11-10
    ➖
    BELL, Lawrence resigned
    director
  18. 2016-10-27
    ➕
    GIBSON, Evans appointed
    director
  19. 2016-02-17
    ➖
    MCCREA, Noel resigned
    director
  20. 1999-01-25
    🔒
    Charge registered #2
    Lender: Cookstown District
  21. 1998-05-19
    ➖
    DONNELLY, Ann resigned
    director
  22. 1997-09-15
    🔒
    Charge registered #1
    Lender: Aib Group (UK) PLC
  23. 1995-10-27
    🏢
    Company incorporated
    As COAGH & DISTRICT DEVELOPMENT ASSOCIATION LIMITED
  24. 1995-10-27
    ➕
    GIBSON, Evans appointed
    secretary
  25. 1995-10-27
    ➕
    CARSON, Eugene Liam appointed
    director
  26. 1995-10-27
    ➕
    GIBSON, Robin James appointed
    director
  27. 1995-10-27
    ➕
    MC KAY, Ian appointed
    director
  28. 1995-10-27
    ➕
    BELL, Lawrence appointed
    director
  29. 1995-10-27
    ➕
    DONNELLY, Ann appointed
    director
  30. 1995-10-27
    ➕
    HOWARD, Eric appointed
    director
  31. 1995-10-27
    ➕
    MCCREA, Noel appointed
    director

Owner dependency

73/100
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 31 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 74 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

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 31 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 31 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.)
🔒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

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
Incorporated1995-10-27
Jurisdictionnorthern-ireland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

27 Ruskey Road
Coagh
Cookstown
Co Tyrone
BT80 0AA

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-11-23
Last: 2025-11-09

Officers (5 active · 4 resigned)

GIBSON, Evans→
secretary · appointed 1995-10-27
View their other companies + combined net worth →
Active
CARSON, Eugene Liam→
director · ~67y · appointed 1995-10-27
View their other companies + combined net worth →
Active
GIBSON, Evans→
director · ~65y · appointed 2016-10-27
View their other companies + combined net worth →
Active
GIBSON, Robin James→
director · ~68y · appointed 1995-10-27
View their other companies + combined net worth →
Active
MC KAY, Ian→
director · ~74y · appointed 1995-10-27
View their other companies + combined net worth →
Active
BELL, Lawrence→
director · ~87y · appointed 1995-10-27 · resigned 2016-11-10
Resigned
DONNELLY, Ann→
director · ~59y · appointed 1995-10-27 · resigned 1998-05-19
Resigned
HOWARD, Eric→
director · ~91y · appointed 1995-10-27 · resigned 2018-12-12
Resigned
MCCREA, Noel→
director · ~80y · appointed 1995-10-27 · resigned 2016-02-17
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
2
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Cookstown District
Mortgage or charge1 property25/01/1999—
outstanding
Aib Group (UK)
Aib Group (UK) PLC
Mortgage or charge2 properties15/09/1997—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (88 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-14
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-17
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-09-18
termination-director-company-with-name-termination-date
officers · TM01
2023-04-24
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-02-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-09
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-03-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-09
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-03-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-11
accounts-with-accounts-type-micro-entity
accounts · AA
2019-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-11-14