O'HANLON & FARRELL CONTRACTS LTD

🌳Matureactive
NI033331 · ltd · incorporated 1997-12-01
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
🔒Estimated value
Upgrade to see
Turnover
£11.10M
year to Nov 2024
Net worth
book net assets
Opportunity
61/100
Worth a look
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Construction of domestic buildings
Sector: Construction
Investor take
Special-situation opportunity
Distressed construction with salvageable qualities — special-situations priority.

Opportunity 61/100 (worth a look), bankability 50/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Resolve: 3 insolvency-related filings on record. Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding. Most likely exit: share sale to pe / searcher (55/100).

🏦

Refinance opportunity

4 live charges · 2 lenders · oldest 17.3y

40/100
too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

  • · Oldest live charge is 17.3 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 45/100 (high).

Data confidence

Overall: medium (73/100)

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
50
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
9 officers (2 active, 9 linked, 7 with DOB)
86
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
95 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
61/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
50
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
59
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Profitable
Profit before tax £1,330,019

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-11-30
Turnover£11.10M
Gross profit£2.03M
Operating profit£1.33M
Profit before tax£1.33M
Average employees3800

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
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (38 events)Click to expand
  1. 2025-10-03
    📄
    accounts-with-accounts-type-full
    accounts · AA
  2. 2025-01-24
    📄
    accounts-with-accounts-type-full
    accounts · AA
  3. 2024-08-13
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  4. 2024-08-13
    🔓
    Charge satisfied #4
  5. 2023-12-08
    📄
    accounts-with-accounts-type-medium
    accounts · AA
  6. 2023-04-04
    📄
    accounts-with-accounts-type-small
    accounts · AA
  7. 2021-12-23
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  8. 2021-12-21
    🔒
    Charge registered #4
    Lender: Home Building Finance Ireland (Lending) Dac
  9. 2021-12-01
    📄
    accounts-with-accounts-type-small
    accounts · AA
  10. 2020-12-01
    📄
    accounts-with-accounts-type-small
    accounts · AA
  11. 2020-01-03
    ⚠️
    liquidation-completion-of-voluntary-arrangement-northern-ireland
    insolvency · 1.4(NI)
  12. 2019-04-12
    📄
    accounts-with-accounts-type-small
    accounts · AA
  13. 2019-01-31
    ⚠️
    liquidation-supervisors-abstracts-of-receipts-payments-northern-ireland
    insolvency · 1.3(NI)
  14. 2018-06-12
    📄
    accounts-with-accounts-type-small
    accounts · AA
  15. 2018-02-06
    ⚠️
    liquidation-supervisors-abstracts-of-receipts-payments-northern-ireland
    insolvency · 1.3(NI)
  16. 2017-06-15
    📄
    accounts-amended-with-accounts-type-small
    accounts · AAMD
  17. 2017-05-11
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2017-05-08
    📄
    accounts-with-accounts-type-small
    accounts · AA
  19. 2017-04-20
    BYRNE, Mariea appointed
    director
  20. 2015-03-06
    FARRELL, Conor appointed
    director
  21. 2015-03-06
    FARRELL (JUNIOR), Sean Francis resigned
    director
  22. 2015-02-17
    O'HANLON, Jennifer resigned
    secretary
  23. 2015-02-17
    O'HANLON, Jennifer resigned
    director
  24. 2014-11-06
    CRAWFORD, Barry resigned
    director
  25. 2009-02-05
    🔒
    Charge registered #3
    Lender: Aib Group (UK) PLC
  26. 2009-02-05
    🔒
    Charge registered #2
    Lender: Aib Group (UK) PLC
  27. 2009-02-05
    🔒
    Charge registered #1
    Lender: Aib Group (UK) PLC
  28. 2008-04-01
    O'HANLON, Jennifer appointed
    secretary
  29. 2008-04-01
    O'HANLON, Redmond resigned
    secretary
  30. 2008-04-01
    FARRELL, Sean resigned
    director
  31. 2008-04-01
    FARRELL (JUNIOR), Sean Francis appointed
    director
  32. 2008-04-01
    O'HANLON, Jennifer appointed
    director
  33. 2008-04-01
    O'HANLON, Redmond resigned
    director
  34. 1997-12-01
    🏢
    Company incorporated
    As O'HANLON & FARRELL CONTRACTS LTD
  35. 1997-12-01
    O'HANLON, Redmond appointed
    secretary
  36. 1997-12-01
    CRAWFORD, Barry appointed
    director
  37. 1997-12-01
    FARRELL, Sean appointed
    director
  38. 1997-12-01
    O'HANLON, Redmond 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 name in company name: Company name contains director surname "FARRELL" — strong identity link between founder and business.

Succession & seller-readiness

51/100
Moderate signal

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

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondaryStable-but-static management: Company is 28 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

1 high · 1 med ·
3 insolvency-related filings on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2020-01-03: liquidation-completion-of-voluntary-arrangement-northern-ireland; 2019-01-31: liquidation-supervisors-abstracts-of-receipts-payments-northern-ireland

Has insolvency history
medium

Companies House flags prior insolvency events. Review the insolvency filings for context.

Group structure

O'Hanlon & Farrell Holdings Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
O'Hanlon & Farrell Holdings Ltd
Corporate parent · holds 75-100% shares
ultimate parent
O'HANLON & FARRELL CONTRACTS LTD
This company · NI033331

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
O'Hanlon & Farrell Holdings Ltd
Corporate entity
75100%
75-100% shares · firm interest06/04/2016

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 →

Similar companies

Active · Construction · BT postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
BSG CIVIL ENGINEERING LIMITED
NI021016 · est 1987
£25.64M
£18.31M£32.96M
£36.49M870038y8573y
E.J.C. CONTRACTS LTD
NI045412 · est 2003
£24.60M
£17.57M£31.62M
£27.26M770023y9054y
P MCVEY BUILDING SYSTEMS LTD
NI634141 · est 2015
£14.13M
£10.09M£18.17M
£24.15M540010y9066y
M.J. MCBRIDE CONSTRUCTION LTD
NI066620 · est 2007
£14.06M
£10.04M£18.07M
£19.82M150018y8777y
SOUTH BANK SQUARE LTD
NI605444 · est 2010
£12.16M
£8.69M£15.64M
£13.65M40015y8673y
P MCK LTD
NI062901 · est 2007
£7.58M
£5.42M£9.75M
£16.85M510019y8771y
CORICK INVESTMENTS LIMITED
NI025056 · est 1990
£6.35M
£4.54M£8.16M
035y9269y
BAYVIEW CONTRACTS LTD
NI041488 · est 2001
£4.57M
£3.26M£5.87M
£24.46M1790024y8761y
ADSTON (UK) LIMITED
NI605512 · est 2010
£4.00M
£2.86M£5.15M
£11.40M110015y10079y
F G ANDERSON & SONS LTD
NI681234 · est 2021
£2.79M
£1.99M£3.59M
04y8569y
THORNTON ROOFING (IRELAND) LIMITED
NI041349 · est 2001
£2.68M
£1.91M£3.44M
£16.60M930024y8788y
C.B. CONTRACTS (N.I.) LTD
NI038170 · est 2000
£1.49M
£1.06M£1.91M
7026y8564y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 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
Incorporated1997-12-01
Jurisdictionnorthern-ireland
Primary SIC41202 — Construction of domestic buildings

Registered office

Unit 7a-7e Springhill Road
Carnbane Industrial Estate
Newry
County Down
BT35 6EF
United Kingdom

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-12-15
Last: 2025-12-01

Officers (2 active · 7 resigned)

BYRNE, Mariea
director · ~53y · appointed 2017-04-20
View their other companies + combined net worth →
Active
FARRELL, Conor
director · ~44y · appointed 2015-03-06
View their other companies + combined net worth →
Active
O'HANLON, Jennifer
secretary · appointed 2008-04-01 · resigned 2015-02-17
Resigned
O'HANLON, Redmond
secretary · appointed 1997-12-01 · resigned 2008-04-01
Resigned
CRAWFORD, Barry
director · ~62y · appointed 1997-12-01 · resigned 2014-11-06
Resigned
FARRELL, Sean
director · ~74y · appointed 1997-12-01 · resigned 2008-04-01
Resigned
FARRELL (JUNIOR), Sean Francis
director · ~50y · appointed 2008-04-01 · resigned 2015-03-06
Resigned
O'HANLON, Jennifer
director · ~44y · appointed 2008-04-01 · resigned 2015-02-17
Resigned
O'HANLON, Redmond
director · ~78y · appointed 1997-12-01 · resigned 2008-04-01
Resigned

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

Mortgages & charges

4
Total charges
3
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
satisfied
Home Building Finance Ireland (Lending) Dac
A registered charge6 properties21/12/202113/08/2024
outstanding
Aib Group (UK)
Aib Group (UK) PLC
Debenture2 properties05/02/2009
outstanding
Aib Group (UK)
Aib Group (UK) PLC
Mortgage or charge1 property05/02/2009
outstanding
Aib Group (UK)
Aib Group (UK) PLC
Mortgage or charge1 property05/02/2009
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (95 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-07
accounts-with-accounts-type-full
accounts · AA
2025-10-03
accounts-with-accounts-type-full
accounts · AA
2025-01-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-03
mortgage-satisfy-charge-full
mortgage · MR04
2024-08-13
accounts-with-accounts-type-medium
accounts · AA
2023-12-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-05
accounts-with-accounts-type-small
accounts · AA
2023-04-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-05
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-12-23
accounts-with-accounts-type-small
accounts · AA
2021-12-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-16
accounts-with-accounts-type-small
accounts · AA
2020-12-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-01-09