AERGO CAPITAL SERVICES LIMITED

📉Decliningactive

NI037550 · ltd · incorporated 1999-12-13

Investment thesis

Established operating company — standard diligence applies, no dominant angle.

Why interesting: Live, filing, normal profile.

Why risky: No standout signals in either direction.

Why now

Window steady · low confidence

Stable recent picture — watch for any upcoming trigger event.

Opportunity decay

drifting distress · 6-months

Drifting toward distress — expect more negotiability in 3–6 months, but also more friction.

· Lifecycle stage drifting downward
· Currently "declining"

What changed my view

Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

£874.9k

year to Dec 2024

Net worth

—

book net assets

Opportunity

75/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Activities of other holding companies n.e.c.

Sector: Financial & insurance

Investor take

Pursue

Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 75/100 (strong), bankability 77/100. 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: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

1 live charge · oldest 24.1y

65/100

clean up first

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

· Oldest live charge is 24.1 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: medium (69/100)

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

Lenders & charges

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

Directors & officers

15 officers (2 active, 15 linked, 11 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

Network not yet resolved

Filing history

99 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

75/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102

Revenue decline

Turnover down 32% YoY

Turnover YoY

-32%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

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	2024-12-31	2023-12-31
Turnover	£874.9k	£1.28M
Gross profit	£874.9k	£1.28M
Operating profit	£78.2k	£116.7k
Average employees	200	300

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

filings

Last 90 days

filings

Last 180 days

filings

• 1 confirmation-statement
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (46 events)Click to expand

2025-12-22
📄
accounts-with-accounts-type-full
accounts · AA
2024-09-30
📄
accounts-with-accounts-type-full
accounts · AA
2024-03-27
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-03-08
➖
BARNES, Stan resigned
director
2024-02-15
📄
accounts-with-accounts-type-small
accounts · AA
2023-03-08
📄
gazette-filings-brought-up-to-date
gazette · DISS40
2023-03-07
📄
gazette-notice-compulsory
gazette · GAZ1
2023-01-08
📄
accounts-with-accounts-type-small
accounts · AA
2021-10-01
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-18
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-10-19
➕
BARNES, Stan appointed
director
2020-10-19
➖
BROWNE, Fred resigned
director
2020-10-19
📄
termination-director-company-with-name-termination-date
officers · TM01
2020-10-19
📄
appoint-person-director-company-with-name-date
officers · AP01
2019-09-27
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-12-18
📄
accounts-with-accounts-type-small
accounts · AA
2017-10-06
📄
accounts-with-accounts-type-small
accounts · AA
2016-10-10
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2016-09-30
➕
GROUSE, Pearl appointed
secretary
2016-09-30
➕
GROUSE, Pearl appointed
director
2016-09-30
➖
MOORE, Michael resigned
secretary
2016-09-30
➖
MOORE, Michael resigned
director
2015-06-15
🔓
Charge satisfied #1
2014-10-01
➕
MOORE, Michael appointed
secretary
2014-10-01
➖
O'CONNOR, Anthony resigned
secretary
2014-10-01
➖
CONNOR, Aaron resigned
director
2014-10-01
➕
MOORE, Michael appointed
director
2012-03-31
➖
BLACK, Terence resigned
director
2012-03-31
➕
CONNOR, Aaron appointed
director
2011-04-01
➕
BLACK, Terence appointed
director
2011-04-01
➖
O'CONNOR, Anthony resigned
director
2009-09-25
➕
O'CONNOR, Anthony appointed
secretary
2009-09-25
➖
TURLEY, Thomas resigned
secretary
2009-09-25
➕
O'CONNOR, Anthony appointed
director
2009-09-25
➖
TURLEY, Thomas resigned
director
2002-05-03
🔒
Charge registered #1
Lender: Green
2002-01-09
➖
PHELAN, Aidan resigned
director
2002-01-09
➕
TURLEY, Thomas appointed
director
1999-12-17
➕
BROWNE, Fred appointed
director
1999-12-17
➖
DELANEY, Brendan resigned
director
1999-12-17
➖
DELANEY, Deborah resigned
director
1999-12-17
➕
PHELAN, Aidan appointed
director
1999-12-13
🏢
Company incorporated
As AERGO CAPITAL SERVICES LIMITED
1999-12-13
➕
TURLEY, Thomas appointed
secretary
1999-12-13
➕
DELANEY, Brendan appointed
director
1999-12-13
➕
DELANEY, Deborah appointed
director

Owner dependency

75/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

+Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

55/100

Strong succession signal

Multiple 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 26 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.)

Similar companies

Active · Holding company · BT postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
CAUSEWAY LEISURE SERVICES LIMITED→ NI025140 · est 1990	£1.02M £865.7k–£1.17M	—	£1.02M	—	35y	82	75y
JJ & LA LTD→ NI056805 · est 2005	£992.3k £843.5k–£1.14M	—	£992.3k	—	20y	82	62y
MELLON PROPERTIES LIMITED→ NI061270 · est 2006	£231.3k £196.6k–£266.0k	—	£231.3k	—	19y	82	72y
GARY ALEXANDER LTD→ NI047951 · est 2003	£194.7k £165.5k–£223.9k	—	£194.7k	—	22y	82	74y
MARKETHILL DISTRICT ENTERPRISES LTD→ NI029898 · est 1995	£116.1k £98.7k–£133.5k	—	£116.1k	—	30y	83	84y
MORDOR PROPERTIES LIMITED→ NI058230 · est 2006	£26.1k £22.2k–£30.0k	—	£26.1k	—	20y	82	68y
MARVEY PROPERTIES LIMITED→ NI067969 · est 2008	£22.5k £19.2k–£25.9k	—	£22.5k	—	18y	82	67y
AKON DEVELOPMENTS LIMITED→ NI028849 · est 1994	£22.5k £19.1k–£25.9k	—	£22.5k	—	31y	82	68y
BREEN HOLDINGS LIMITED→ NI036678 · est 1999	£8 £7–£9	—	£8	—	26y	82	61y
RINAGREE MANAGEMENT COMPANY LIMITED→ NI050042 · est 2004	—	£117.3k	—	100	22y	83	75y
DUNLUCE PLC→ NI026328 · est 1992	—	£16.7k	—	200	34y	87	87y
BES PPP LIMITED→ NI628267 · est 2014	—	—	—	0	11y	84	64y

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

Incorporated1999-12-13

Jurisdictionnorthern-ireland

Primary SIC64209 — Activities of other holding companies n.e.c.

Registered office

Aisling House

50 Stranmillis Embankment

Belfast

Antrim

BT9 5FL

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2027-01-02

Last: 2025-12-19

Officers (2 active · 13 resigned)

GROUSE, Pearl→

secretary · appointed 2016-09-30

View their other companies + combined net worth →

Active

GROUSE, Pearl→

director · ~46y · appointed 2016-09-30

View their other companies + combined net worth →

Active

MOORE, Michael→

secretary · appointed 2014-10-01 · resigned 2016-09-30

Resigned

O'CONNOR, Anthony→

secretary · appointed 2009-09-25 · resigned 2014-10-01

Resigned

TURLEY, Thomas→

secretary · appointed 1999-12-13 · resigned 2009-09-25

Resigned

BARNES, Stan→

director · ~57y · appointed 2020-10-19 · resigned 2024-03-08

Resigned

BLACK, Terence→

director · ~67y · appointed 2011-04-01 · resigned 2012-03-31

Resigned

BROWNE, Fred→

director · ~66y · appointed 1999-12-17 · resigned 2020-10-19

Resigned

CONNOR, Aaron→

director · ~48y · appointed 2012-03-31 · resigned 2014-10-01

Resigned

DELANEY, Brendan→

director · ~76y · appointed 1999-12-13 · resigned 1999-12-17

Resigned

DELANEY, Deborah→

director · ~74y · appointed 1999-12-13 · resigned 1999-12-17

Resigned

MOORE, Michael→

director · ~58y · appointed 2014-10-01 · resigned 2016-09-30

Resigned

O'CONNOR, Anthony→

director · ~70y · appointed 2009-09-25 · resigned 2011-04-01

Resigned

PHELAN, Aidan→

director · ~74y · appointed 1999-12-17 · resigned 2002-01-09

Resigned

TURLEY, Thomas→

director · ~66y · appointed 2002-01-09 · resigned 2009-09-25

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:1 of 1 shown

			Type	Properties
	satisfied	Green / Anglo Irish Bank / Stephen Court	Mortgage or charge	1 property	03/05/2002	15/06/2015

Recent filings (99 total)

confirmation-statement-with-no-updates

confirmation-statement · CS01

2026-03-03

accounts-with-accounts-type-full

accounts · AA

2025-12-22

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-02-07

accounts-with-accounts-type-full

accounts · AA

2024-09-30

termination-director-company-with-name-termination-date

officers · TM01

2024-03-27

accounts-with-accounts-type-small

accounts · AA

2024-02-15

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-01-09

gazette-filings-brought-up-to-date

gazette · DISS40

2023-03-08

gazette-notice-compulsory

gazette · GAZ1

2023-03-07

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-03-02

accounts-with-accounts-type-small

accounts · AA

2023-01-08

confirmation-statement-with-updates

confirmation-statement · CS01

2022-01-13

accounts-with-accounts-type-micro-entity

accounts · AA

2021-10-01

confirmation-statement-with-updates

confirmation-statement · CS01

2021-02-24

accounts-with-accounts-type-micro-entity

accounts · AA

2020-12-18