MCKEOWN FINE FOODS LIMITED
📈Growthactive
NI033660 · ltd · incorporated 1998-02-19
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
—
Upgrade to see
Turnover
£24.93M
year to Jun 2024
Net worth
—
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: SIC 10130
Sector: Manufacturing
Investor take
PursueStrong opportunity: leverage-led grower with strong profile and acceptable with review structure.
Opportunity 77/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (70/100).
🏦
Refinance opportunity
4 live charges · 3 lenders · oldest 26.1y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 26.1 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (78/100)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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
5 officers (1 active, 5 linked, 4 with DOB)
86
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
105 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
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Profitable
Profit before tax £3,454,997
Strong revenue growth
Turnover up 17% YoY
Turnover YoY
+17%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-06-30 | 2023-06-30 |
|---|---|---|
| Turnover | £24.93M | £21.33M |
| Gross profit | £4.89M | £4.63M |
| Operating profit | £3.42M | £3.58M |
| Profit before tax | £3.45M | £3.55M |
| Average employees | 12300 | 11100 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 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
2
filings
- • 1 confirmation-statement
- • 1 persons-with-significant-control
Last 180 days
3
filings
- • 2 confirmation-statement
- • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
- 2026-04-15📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-03-31📄accounts-with-accounts-type-fullaccounts · AA
- 2024-03-26📄accounts-with-accounts-type-fullaccounts · AA
- 2024-02-20📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-02-20📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-02-08➖MCKEOWN, Arthur Gerard resignedsecretary
- 2024-02-08➖MCKEOWN, Arthur Gerard resigneddirector
- 2023-03-16📄accounts-with-accounts-type-fullaccounts · AA
- 2022-03-02📄accounts-with-accounts-type-fullaccounts · AA
- 2021-06-24📄accounts-with-accounts-type-fullaccounts · AA
- 2021-03-25📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-03-24🔒Charge registered #4Lender: Northern Bank Limited
- 2021-01-13📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-03-24📄accounts-with-accounts-type-fullaccounts · AA
- 2019-11-26📄capital-alter-shares-redemption-statement-of-capitalcapital · SH02
- 2019-11-20📄capital-return-purchase-own-sharescapital · SH03
- 2019-11-19📄capital-cancellation-sharescapital · SH06
- 2019-09-19➖MCKEOWN, Veronica Mary resigneddirector
- 2019-06-03📄mortgage-satisfy-charge-fullmortgage · MR04
- 2019-06-03🔓Charge satisfied #1
- 2019-05-15📄accounts-amended-with-accounts-type-fullaccounts · AAMD
- 2019-05-07📄resolutionresolution · RESOLUTIONS
- 2019-04-29🔒Charge registered #3Lender: Northern Bank Limited
- 2015-12-04➖MCKEOWN, Conor Joseph resigneddirector
- 2012-11-13🔒Charge registered #2Lender: John Thompson & Sons Limited
- 2000-05-05🔒Charge registered #1Lender: Aib Group (UK) PLC
- 1998-02-19🏢Company incorporatedAs MCKEOWN FINE FOODS LIMITED
- 1998-02-19➕MCKEOWN, Damian Gerard appointeddirector
- 1998-02-19➕MCKEOWN, Arthur Gerard appointedsecretary
- 1998-02-19➕MCKEOWN, Arthur Gerard appointeddirector
- 1998-02-19➕MCKEOWN, Conor Joseph appointeddirector
- 1998-02-19➕MCKEOWN, Veronica Mary appointeddirector
Owner dependency
100/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
- +Founder name in company name: Company name contains director surname "MCKEOWN" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 28 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
75/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 28 years. Very long tenure is a classic succession signal.
- 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
cleanNo 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 |
|---|---|---|---|---|
Mr Damian Mckeown Individual · British · DOB 05/1973 · age 53 | 50–75% | 50–75% | 50-75% shares · 50-75% voting | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Food & drink · BT postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AVONDALE FOODS (CRAIGAVON) LIMITED→ NI015099 · est 1981 | £28.26M £20.83M–£35.70M | — | — | 570 | 44y | 88 | 80y |
| SCOTTS BAKERY LIMITED→ NI043594 · est 2002 | £14.57M £10.74M–£18.41M | £39.89M | — | 26100 | 23y | 87 | 61y |
| C & O MILLIGAN (N.I.) LIMITED→ NI034232 · est 1998 | £13.64M £10.05M–£17.23M | £13.50M | — | 1400 | 28y | 87 | 82y |
| FRYLITE LIMITED→ NI031632 · est 1996 | £11.46M £8.44M–£14.47M | — | — | — | 29y | 84 | 64y |
| CRUST & CRUMB BAKERY LTD→ NI608062 · est 2011 | £9.31M £6.86M–£11.76M | £93.16M | — | 25700 | 14y | 85 | 76y |
| MOORES ANIMAL FEEDS LIMITED→ NI020611 · est 1987 | £9.22M £6.79M–£11.64M | £42.15M | — | 3300 | 38y | 85 | 69y |
| JOHN WOODS (LISGLYN) LIMITED→ NI006498 · est 1965 | £8.05M £5.93M–£10.17M | £18.92M | — | 8900 | 60y | 91 | 85y |
| T.J. BOOTH & SONS LIMITED→ NI014628 · est 1980 | £8.02M £5.91M–£10.13M | £28.44M | — | 1900 | 45y | 87 | 80y |
| CHESTNUTT ANIMAL FEEDS LIMITED→ NI602522 · est 2010 | £7.82M £5.76M–£9.87M | — | — | 30 | 16y | 87 | 67y |
| WILLIAM GRANT AND COMPANY LIMITED,→ NI000477 · est 1928 | £3.68M £2.71M–£4.65M | £13.69M | — | 5300 | 98y | 85 | 89y |
| T.S. FOODS LIMITED→ NI014115 · est 1980 | £3.67M £2.71M–£4.64M | £9.80M | — | 11000 | 46y | 85 | 79y |
| DOHERTY & GRAY LIMITED→ NI037742 · est 2000 | £1.85M £1.36M–£2.33M | £54.04M | — | 9200 | 26y | 100 | 63y |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated1998-02-19
Jurisdictionnorthern-ireland
Primary SIC10130 — SIC 10130
Registered office
Dreen Farm
296 Townhill Road
Rasharkin
Co Antrim
BT44 8RW
Filing status
Accounts
Next due: 2026-06-30
Last made up to: 2024-06-30
Confirmation statement
Next due: 2027-04-29
Last: 2026-04-15
Officers (1 active · 4 resigned)
MCKEOWN, Damian Gerard→
Activedirector · ~53y · appointed 1998-02-19
View their other companies + combined net worth →
MCKEOWN, Arthur Gerard→
Resignedsecretary · appointed 1998-02-19 · resigned 2024-02-08
MCKEOWN, Arthur Gerard→
Resigneddirector · ~85y · appointed 1998-02-19 · resigned 2024-02-08
MCKEOWN, Conor Joseph→
Resigneddirector · ~57y · appointed 1998-02-19 · resigned 2015-12-04
MCKEOWN, Veronica Mary→
Resigneddirector · ~84y · appointed 1998-02-19 · resigned 2019-09-19
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
3
Outstanding
2
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Northern Bank Northern Bank Limited | A registered charge | 1 property | 24/03/2021 | — | |
| outstanding | Northern Bank Northern Bank Limited | A registered charge | — | 29/04/2019 | — | |
| outstanding | John Thompson & Sons John Thompson & Sons Limited | Guarantee | 1 property | 13/11/2012 | — | |
| satisfied | Aib Group (UK) Aib Group (UK) PLC | Mortgage or charge | 1 property | 05/05/2000 | 03/06/2019 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (105 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-15
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-04-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-19
accounts-with-accounts-type-full
accounts · AA
2025-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-17
accounts-with-accounts-type-full
accounts · AA
2024-03-26
confirmation-statement-with-updates
confirmation-statement · CS01
2024-02-21
termination-director-company-with-name-termination-date
officers · TM01
2024-02-20
termination-secretary-company-with-name-termination-date
officers · TM02
2024-02-20
accounts-with-accounts-type-full
accounts · AA
2023-03-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-20
accounts-with-accounts-type-full
accounts · AA
2022-03-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-02
accounts-with-accounts-type-full
accounts · AA
2021-06-24
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-03-25