LAGAN 105 LIMITED
💤Zombieactive
NI036434 · ltd · incorporated 1999-06-24
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
73/100
Strong
What this business does
Primary activity: Construction of other civil engineering projects n.e.c.
Sector: Construction
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 73/100 (strong), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
3 live charges · 2 lenders · oldest 15.7y
30/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 15.7 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (82/100)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
75
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
14 officers (2 active, 14 linked, 9 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
104 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
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 | 2025-03-31 | 2024-03-31 |
|---|
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 (50 events)Click to expand
- 2025-12-05📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-04-01📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-04-01📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-04-01🔓Charge satisfied #3
- 2025-04-01🔓Charge satisfied #2
- 2024-10-21📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-12-12📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-04-18📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-04-18🔓Charge satisfied #4
- 2023-02-03📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-02-01🔒Charge registered #4Lender: Northern Bank Limited
- 2022-10-12📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-01-10📄change-person-director-company-with-change-dateofficers · CH01
- 2021-11-10📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-04-21📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2021-04-01➕AGNEW, Dermott appointedsecretary
- 2020-12-21📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-12-16📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-12-12🔒Charge registered #3Lender: Northern Bank Limited (Trading as Danske Bank)
- 2019-10-11📄appoint-person-director-company-with-name-dateofficers · AP01
- 2019-10-11📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-10-01➕RAMSEY, David appointeddirector
- 2019-10-01➖O'CALLAGHAN, Gerard Austin resigneddirector
- 2019-06-19📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-01-14📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-11-02➖HARROWER-STEELE, Jill resigneddirector
- 2017-06-01➖LOUGHRAN, Colin Gerard resigneddirector
- 2017-04-01➕O'CALLAGHAN, Gerard Austin appointeddirector
- 2014-11-06➕HARROWER-STEELE, Jill appointeddirector
- 2014-11-06➖LAGAN, Michael Anthony resigneddirector
- 2014-11-06➕LOUGHRAN, Colin Gerard appointeddirector
- 2013-01-31➖ABBI, Guy resignedsecretary
- 2011-12-05➕ABBI, Guy appointedsecretary
- 2011-12-05➖MARTIN, Scott James resignedsecretary
- 2010-09-01➖CANAVAN, Declan Vincent resignedsecretary
- 2010-09-01➕MARTIN, Scott James appointedsecretary
- 2010-09-01➖LAGAN, John Patrick Kevin resigneddirector
- 2010-09-01🔒Charge registered #2Lender: Northern Bank Limited
- 2010-08-31➖HANNA, Adrian Kenneth resigneddirector
- 2008-05-06➕CANAVAN, Declan Vincent appointedsecretary
- 2008-05-06➖JENKINS, Charles Gerard resignedsecretary
- 1999-07-28➕HANNA, Adrian Kenneth appointeddirector
- 1999-07-28➖KANE, Dorothy May resigneddirector
- 1999-07-28➕LAGAN, John Patrick Kevin appointeddirector
- 1999-07-28➕LAGAN, Michael Anthony appointeddirector
- 1999-07-28➖MCNEILL, Eleanor Shirley resigneddirector
- 1999-06-24🏢Company incorporatedAs LAGAN 105 LIMITED
- 1999-06-24➕JENKINS, Charles Gerard appointedsecretary
- 1999-06-24➕KANE, Dorothy May appointeddirector
- 1999-06-24➕MCNEILL, Eleanor Shirley appointeddirector
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
55/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondaryStable-but-static management: Company is 27 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Lagan Construction Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Lagan Construction Limited
Corporate parent · holds 75-100% shares
⬇
LAGAN 105 LIMITED
This company · NI036434
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Lagan Construction Limited Corporate entity | 75–100% | — | 75-100% shares | 12/06/2017 |
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| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BSG CIVIL ENGINEERING LIMITED→ NI021016 · est 1987 | £25.64M £18.31M–£32.96M | £36.49M | — | 8700 | 38y | 85 | 73y |
| E.J.C. CONTRACTS LTD→ NI045412 · est 2003 | £24.32M £17.37M–£31.26M | £30.79M | — | 6600 | 23y | 90 | 54y |
| PETER MCCORMACK & SONS LIMITED→ NI038813 · est 2000 | £16.43M £11.74M–£21.13M | — | — | 2200 | 25y | 85 | 60y |
| P MCVEY BUILDING SYSTEMS LTD→ NI634141 · est 2015 | £14.13M £10.09M–£18.17M | £24.15M | — | 5400 | 10y | 90 | 66y |
| M.J. MCBRIDE CONSTRUCTION LTD→ NI066620 · est 2007 | £14.06M £10.04M–£18.07M | £19.82M | — | 1500 | 18y | 87 | 77y |
| SOUTH BANK SQUARE LTD→ NI605444 · est 2010 | £12.16M £8.69M–£15.64M | £13.65M | — | 400 | 15y | 86 | 73y |
| D B BUILDING CONTRACTS LTD→ NI045897 · est 2003 | £8.19M £5.85M–£10.53M | — | — | 48 | 23y | 84 | 60y |
| J. H. TURKINGTON & SONS LIMITED→ NI018132 · est 1985 | £7.97M £5.69M–£10.25M | — | — | 8000 | 41y | 84 | 72y |
| P MCK LTD→ NI062901 · est 2007 | £7.58M £5.42M–£9.75M | £16.85M | — | 5100 | 19y | 87 | 71y |
| CORICK INVESTMENTS LIMITED→ NI025056 · est 1990 | £6.35M £4.54M–£8.16M | — | — | 0 | 35y | 92 | 69y |
| BAYVIEW CONTRACTS LTD→ NI041488 · est 2001 | £4.57M £3.26M–£5.87M | £24.46M | — | 17900 | 24y | 87 | 61y |
| ADSTON (UK) LIMITED→ NI605512 · est 2010 | £4.00M £2.86M–£5.15M | £11.40M | — | 1100 | 15y | 100 | 79y |
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
Incorporated1999-06-24
Jurisdictionnorthern-ireland
Primary SIC42990 — Construction of other civil engineering projects n.e.c.
Registered office
Rosemount House
21-23 Sydenham Road
Belfast
BT3 9HA
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-06-26
Last: 2025-06-12
Officers (2 active · 12 resigned)
Active
RAMSEY, David→
Activedirector · ~39y · appointed 2019-10-01
View their other companies + combined net worth →
ABBI, Guy→
Resignedsecretary · appointed 2011-12-05 · resigned 2013-01-31
CANAVAN, Declan Vincent→
Resignedsecretary · appointed 2008-05-06 · resigned 2010-09-01
JENKINS, Charles Gerard→
Resignedsecretary · appointed 1999-06-24 · resigned 2008-05-06
MARTIN, Scott James→
Resignedsecretary · appointed 2010-09-01 · resigned 2011-12-05
HANNA, Adrian Kenneth→
Resigneddirector · ~67y · appointed 1999-07-28 · resigned 2010-08-31
HARROWER-STEELE, Jill→
Resigneddirector · ~49y · appointed 2014-11-06 · resigned 2017-11-02
KANE, Dorothy May→
Resigneddirector · ~90y · appointed 1999-06-24 · resigned 1999-07-28
LAGAN, John Patrick Kevin→
Resigneddirector · ~76y · appointed 1999-07-28 · resigned 2010-09-01
LAGAN, Michael Anthony→
Resigneddirector · ~71y · appointed 1999-07-28 · resigned 2014-11-06
LOUGHRAN, Colin Gerard→
Resigneddirector · ~59y · appointed 2014-11-06 · resigned 2017-06-01
MCNEILL, Eleanor Shirley→
Resigneddirector · ~66y · appointed 1999-06-24 · resigned 1999-07-28
O'CALLAGHAN, Gerard Austin→
Resigneddirector · ~52y · appointed 2017-04-01 · resigned 2019-10-01
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
0
Outstanding
0
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Northern Bank Northern Bank Limited | A registered charge | — | 01/02/2023 | 18/04/2023 | |
| satisfied | Northern Bank (Trading as Danske Bank) Northern Bank Limited (Trading as Danske Bank) | A registered charge | — | 12/12/2019 | 01/04/2025 | |
| satisfied | Northern Bank Northern Bank Limited | Debenture | 2 properties | 01/09/2010 | 01/04/2025 |
Recent filings (104 total)
accounts-with-accounts-type-dormant
accounts · AA
2025-12-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-26
mortgage-satisfy-charge-full
mortgage · MR04
2025-04-01
mortgage-satisfy-charge-full
mortgage · MR04
2025-04-01
accounts-with-accounts-type-dormant
accounts · AA
2024-10-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-17
accounts-with-accounts-type-dormant
accounts · AA
2023-12-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-19
mortgage-satisfy-charge-full
mortgage · MR04
2023-04-18
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-02-03
accounts-with-accounts-type-dormant
accounts · AA
2022-10-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-14
change-person-director-company-with-change-date
officers · CH01
2022-01-10
accounts-with-accounts-type-dormant
accounts · AA
2021-11-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-14