ANTRIM TOWNS DEVELOPMENT COMPANY LIMITED

🌳Matureactive

NI033907 · private-limited-guarant-nsc · incorporated 1998-03-26

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 15.2y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

£151.6k

book net assets

Opportunity

80/100

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 83-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 83). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 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

1 live charge · oldest 15.2y

65/100

clean up first

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

· Oldest live charge is 15.2 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 30/100 — workable, but lender will want more DD.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

29 officers (5 active, 29 linked, 25 with DOB)

Ownership & PSC

4 active PSC(s) of 8 total, 8 with control declared

Director network

2 connected companies via shared directors

Filing history

115 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

80/100Exceptional

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 £151,584

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£152k

~ YoY

Current Assets

£154k

↓ 2.0% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-03-31	2024-03-31
Total assets	£151.6k	£151.4k
Current assets	£154.0k	£157.1k
Net assets	£151.6k	£151.4k

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

Last 90 days

filings

• 8 officers
• 2 persons-with-significant-control
• 1 confirmation-statement

Last 180 days

filings

• 8 officers
• 2 persons-with-significant-control
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (74 events)Click to expand

2026-04-09
➕
TOAL, James Gareth Charles appointed
director
2026-04-09
📄
appoint-person-director-company-with-name-date
officers · AP01
2026-04-08
➖
TOAL, James Gareth Charles resigned
director
2026-04-08
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-03-31
📄
change-person-director-company-with-change-date
officers · CH01
2026-03-24
➖
FRENCH, Robert Louden resigned
director
2026-03-24
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-03-23
📄
change-person-director-company-with-change-date
officers · CH01
2026-03-16
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-03-16
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-03-16
📄
change-person-secretary-company-with-change-date
officers · CH03
2026-03-16
📄
change-person-director-company-with-change-date
officers · CH01
2026-03-16
📄
change-person-director-company-with-change-date
officers · CH01
2025-12-22
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-18
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-20
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-23
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-13
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-04-13
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-04-13
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-12-22
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-03-31
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-11-16
➖
MCGUIRE, Noel Anthony resigned
director
2019-09-27
➖
LITTLE, Andrew Desmond resigned
director
2018-11-28
➖
COULTER, Jacqueline Elizabeth resigned
director
2018-11-28
➖
HARMAN, Gerard resigned
director
2018-11-28
➕
TOAL, James Gareth Charles appointed
director
2015-10-19
➖
COCHRANE-WATSON, Adrian David resigned
director
2015-10-19
➖
KELLY, Neil Francis resigned
director
2015-02-26
➕
MOON, Simon Wilson appointed
director
2015-02-26
➕
FRENCH, Robert Louden appointed
director
2011-08-21
➖
KEENAN, Oran Celsus Jude, Cllr resigned
director
2011-06-21
➕
COCHRANE-WATSON, Adrian David appointed
director
2011-06-21
➕
KELLY, Neil Francis appointed
director
2011-06-21
➕
MCGUIRE, Noel Anthony appointed
director
2011-06-21
➖
NICHOLL, Stephen resigned
director
2011-06-21
➖
SMYTH, Robert John resigned
director
2011-02-24
🔒
Charge registered #1
Lender: International Fund for Ireland
2009-05-26
➕
DELARGY, James Felix appointed
secretary
2009-05-26
➖
MURRAY, Theresa Maria resigned
secretary
2009-05-26
➖
MURRAY, Theresa Maria resigned
director
2006-06-12
➖
KINAHAN, Danny De Burgh resigned
director
2006-06-12
➕
NICHOLL, Stephen appointed
director
2006-03-27
➖
HARMAN, Gerard resigned
secretary
2005-07-25
➕
MURRAY, Theresa Maria appointed
secretary
2005-07-25
➕
KINAHAN, Danny De Burgh appointed
director
2005-07-25
➖
MCCREARY, James Fulton resigned
director
2005-06-20
➕
KEENAN, Oran Celsus Jude, Cllr appointed
director
2004-11-08
➖
CLARKE, George Alan resigned
secretary
2004-11-08
➕
HARMAN, Gerard appointed
secretary

Showing most recent 50 of 74 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

-4 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 28 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 83 — 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 83 years old. Natural succession window is now.
primary20+ year tenure: Director in role 28 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

1 med ·

2 director resignations in last 12 months

medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: FRENCH, Robert Louden resigned 2026-03-24; TOAL, James Gareth Charles resigned 2026-04-08

Shareholders & ownership

4 active beneficial owners · fragmented

Name	Shares	Voting rights	Nature of control	Notified
Miss Elizabeth Mcnair Individual · British · DOB 02/1943 · age 83	—	—	sig. influencesignificant influence	06/04/2016
Mr James Felix Delargy Individual · British · DOB 08/1960 · age 66	—	—	sig. influencesignificant influence	06/04/2016
Mr Louden French Individual · British · DOB 04/1969 · age 57	—	—	sig. influencesignificant influence	06/04/2016
Mr Simon Wilson Moon Individual · British · DOB 01/1986 · age 40	—	—	sig. influencesignificant influence	06/04/2016

4 historic (ceased) PSCs

Mr Noel Anthony Mcguireceased 16/11/2020· significant influence · trust interest
Mr Andrew Desmond Littleceased 27/09/2019· significant influence
Ms Jacqueline Elizabeth Coulterceased 27/09/2019· significant influence
Mr Gerard Harmanceased 28/11/2018· significant influence

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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SAMUEL DUFFIN LIMITED→ NI000485 · est 1928 · no financials extracted	—	—	—	—	97y	—	—
SANDRINGHAM MANAGEMENT COMPANY LIMITED→ NI017459 · est 1984 · no financials extracted	—	—	—	—	41y	—	—
SCOPE RENTALS LTD→ NI720720 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
SCOTT PROPERTY HOLDINGS LIMITED→ NI644448 · est 2017 · no financials extracted	—	—	—	—	9y	—	—
SCY LIMITED→ NI048411 · est 2003 · no financials extracted	—	—	—	—	22y	—	—

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

Incorporated1998-03-26

Jurisdictionnorthern-ireland

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

Registered office

C/O D N Mawhinney & Co Unit 4

Steeple Industrial Estate

Antrim

BT41 1AB

Northern Ireland

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-04-08

Last: 2026-03-25