ROCKLYN ENGINEERING LIMITED

🌳Matureactive
NI031928 · ltd · incorporated 1997-02-11
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.
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
not disclosed
Net worth
book net assets
Opportunity
80/100
Exceptional
🔔
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What this business does
Primary activity: Manufacture of metal structures and parts of structures
Sector: Manufacturing
Investor take
Pursue
Active trading company with a 65-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 85/100. Strong seller-intent signal (78/100, director aged 65). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

2 live charges · oldest 28.7y

85/100
ready

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

  • · Oldest live charge is 28.7 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — 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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
9 officers (2 active, 9 linked, 8 with DOB)
88
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
15 connected companies via shared directors
90
Filing history
111 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
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (39 events)Click to expand
  1. 2025-12-19
    📄
    accounts-with-accounts-type-small
    accounts · AA
  2. 2024-11-15
    📄
    accounts-with-accounts-type-small
    accounts · AA
  3. 2024-03-28
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  4. 2024-03-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2024-03-15
    KERNOHAN, John resigned
    director
  6. 2024-02-15
    📄
    accounts-with-accounts-type-small
    accounts · AA
  7. 2023-10-18
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  8. 2023-10-18
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  9. 2023-10-18
    🔓
    Charge satisfied #2
  10. 2023-10-18
    🔓
    Charge satisfied #1
  11. 2022-12-23
    📄
    accounts-with-accounts-type-small
    accounts · AA
  12. 2022-08-08
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  13. 2022-04-29
    STEPHENSON, Robert Ben resigned
    director
  14. 2022-04-29
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2021-07-21
    📄
    accounts-with-accounts-type-small
    accounts · AA
  16. 2020-08-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2020-02-03
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  18. 2020-01-29
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  19. 2020-01-23
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  20. 2020-01-23
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  21. 2020-01-23
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  22. 2019-12-16
    📄
    resolution
    resolution · RESOLUTIONS
  23. 2019-12-05
    CHEEVERS, William Francis Philip appointed
    director
  24. 2019-12-05
    O'NEILL, David Conor appointed
    director
  25. 2018-11-30
    KERNOHAN, John appointed
    director
  26. 2018-11-30
    MILLAR, Mark resigned
    director
  27. 2014-01-01
    HULL, Andy appointed
    director
  28. 2014-01-01
    HULL, Andy resigned
    director
  29. 2014-01-01
    STEPHENSON, Robert Ben appointed
    director
  30. 2010-09-26
    MILLAR, William Leslie resigned
    director
  31. 2010-05-26
    MILLAR, William Leslie resigned
    secretary
  32. 2010-05-26
    MILLAR, Florence Myrtle resigned
    director
  33. 2005-01-05
    MILLAR, Mark appointed
    director
  34. 1997-09-01
    🔒
    Charge registered #2
    Lender: Northern Bank LTD
  35. 1997-09-01
    🔒
    Charge registered #1
    Lender: Northern Bank LTD
  36. 1997-02-11
    🏢
    Company incorporated
    As ROCKLYN ENGINEERING LIMITED
  37. 1997-02-11
    MILLAR, William Leslie appointed
    secretary
  38. 1997-02-11
    MILLAR, Florence Myrtle appointed
    director
  39. 1997-02-11
    MILLAR, William Leslie 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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder age: Director aged approximately 65 — succession pressure is live.

Succession & seller-readiness

66/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondaryStable-but-static management: Company is 29 years old and no new directors in the last 3 years — succession not yet being planned internally.

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

Mclaughlin & Harvey Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Mclaughlin & Harvey Limited
Corporate parent · holds 75-100% shares
ultimate parent
ROCKLYN ENGINEERING LIMITED
This company · NI031928

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
Mclaughlin & Harvey Limited
Corporate entity
75100%
75-100% shares05/12/2019
3 historic (ceased) PSCs
  • Mr John Kernohanceased 15/03/2024· significant influence
  • Mr Robert Ben Stephensonceased 05/12/2019· 25-50% shares
  • Mr Mark Millarceased 30/11/2018· 50-75% shares

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

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
Incorporated1997-02-11
Jurisdictionnorthern-ireland
Primary SIC25110 — Manufacture of metal structures and parts of structures

Registered office

15 Trench Road
Newtownabbey
BT36 4TY
Northern Ireland

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2027-02-13
Last: 2026-01-30

Officers (2 active · 7 resigned)

CHEEVERS, William Francis Philip
director · ~65y · appointed 2019-12-05
View their other companies + combined net worth →
Active
O'NEILL, David Conor
director · ~56y · appointed 2019-12-05
View their other companies + combined net worth →
Active
MILLAR, William Leslie
secretary · appointed 1997-02-11 · resigned 2010-05-26
Resigned
HULL, Andy
director · ~52y · appointed 2014-01-01 · resigned 2014-01-01
Resigned
KERNOHAN, John
director · ~55y · appointed 2018-11-30 · resigned 2024-03-15
Resigned
MILLAR, Florence Myrtle
director · ~78y · appointed 1997-02-11 · resigned 2010-05-26
Resigned
MILLAR, Mark
director · ~46y · appointed 2005-01-05 · resigned 2018-11-30
Resigned
MILLAR, William Leslie
director · ~76y · appointed 1997-02-11 · resigned 2010-09-26
Resigned
STEPHENSON, Robert Ben
director · ~58y · appointed 2014-01-01 · resigned 2022-04-29
Resigned

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

Mortgages & charges

2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
Northern Bank
Northern Bank LTD
Mortgage or charge1 property01/09/199718/10/2023
satisfied
Northern Bank
Northern Bank LTD
Mortgage or charge1 property01/09/199718/10/2023

Recent filings (111 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-30
accounts-with-accounts-type-small
accounts · AA
2025-12-19
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-03
accounts-with-accounts-type-small
accounts · AA
2024-11-15
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-03-28
termination-director-company-with-name-termination-date
officers · TM01
2024-03-28
accounts-with-accounts-type-small
accounts · AA
2024-02-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-30
mortgage-satisfy-charge-full
mortgage · MR04
2023-10-18
mortgage-satisfy-charge-full
mortgage · MR04
2023-10-18
confirmation-statement-with-updates
confirmation-statement · CS01
2023-02-07
accounts-with-accounts-type-small
accounts · AA
2022-12-23
change-account-reference-date-company-previous-extended
accounts · AA01
2022-08-08
termination-director-company-with-name-termination-date
officers · TM01
2022-04-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-31