OCEAN YOUTH TRUST NORTHERN IRELAND
⚰️Wound downdissolved
NI037958 · private-limited-guarant-nsc-limited-exemption · incorporated 2000-02-25
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 23.4y old — refinance window within 12 months
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
—
not disclosed
Net worth
—
book net assets
Opportunity
54/100
Worth a look
What this business does
Primary activity: Other sports activities
Sector: Arts, entertainment & recreation
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 54/100 (worth a look), bankability 60/100. 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: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (50/100). Current lenders should be on monthly review.
🏦
Refinance opportunity
1 live charge · oldest 23.4y
65/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 23.4 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
Data confidence
Overall: low (49/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
35 officers (5 active, 35 linked, 33 with DOB)
89
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
1 connected companies via shared directors
48
Filing history
131 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
54/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
10
Concerning — overdue filings or status flags present.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (94 events)Click to expand
- 2022-10-06⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2022-10-06🏁Company dissolved
- 2022-07-06⚠️liquidation-completion-of-winding-up-northern-irelandinsolvency · L22(NI)
- 2016-06-07⚠️liquidation-compulsory-winding-up-orderinsolvency · COCOMP
- 2016-05-24📄gazette-notice-compulsorygazette · GAZ1
- 2015-12-31📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-09-18📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2015-09-15📄termination-director-company-with-name-termination-dateofficers · TM01
- 2015-08-28📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2015-08-28📄appoint-person-secretary-company-with-nameofficers · AP03
- 2015-08-24➖BEATTIE, David Howard resigneddirector
- 2015-08-20📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2015-08-20📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2015-08-20📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2015-04-10📄annual-return-company-with-made-up-date-no-member-listannual-return · AR01
- 2015-04-10📄termination-director-company-with-name-termination-dateofficers · TM01
- 2014-12-31➖WALMSLEY, Edna Anne resigneddirector
- 2014-10-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2014-03-25📄annual-return-company-with-made-up-date-no-member-listannual-return · AR01
- 2014-03-25📄change-person-director-company-with-change-dateofficers · CH01
- 2014-03-25📄change-person-director-company-with-change-dateofficers · CH01
- 2014-03-09➕O'HAGAN, Neil appointedsecretary
- 2014-03-09➖BEATTIE, David Howard resignedsecretary
- 2013-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2013-07-10📄mortgage-satisfy-charge-fullmortgage · MR04
- 2013-07-10🔓Charge satisfied #1
- 2013-04-12📄annual-return-company-with-made-up-date-no-member-listannual-return · AR01
- 2013-04-12📄termination-director-company-with-nameofficers · TM01
- 2013-04-12📄change-person-director-company-with-change-dateofficers · CH01
- 2013-03-13➖MOYNIHAN, Maria resigneddirector
- 2013-03-13📄change-person-director-company-with-change-dateofficers · CH01
- 2013-03-13📄termination-director-company-with-nameofficers · TM01
- 2011-01-01➖BRANKIN, Steve resigneddirector
- 2009-03-01➕REID, Gerard Joseph appointeddirector
- 2008-08-25➖WALSH, Dominic Gerard resigneddirector
- 2008-04-30➖MANSLEY, Nigel Stephen resigneddirector
- 2008-02-26➖PATTERSON, Sean resigneddirector
- 2007-10-23➕LEMASS, Sean appointeddirector
- 2007-10-23➕BRANKIN, Steve appointeddirector
- 2007-10-23➖BURNSIDE, Alan resigneddirector
- 2007-10-23➖JOHNSTON, Edward Noel resigneddirector
- 2007-10-23➕MOYNIHAN, Maria appointeddirector
- 2007-10-23➖O'NEILL, Marie resigneddirector
- 2007-10-23➕PATTERSON, Sean appointeddirector
- 2007-10-23➕WALMSLEY, Edna Anne appointeddirector
- 2007-10-23➕WALSH, Dominic Gerard appointeddirector
- 2007-03-01➕BEATTIE, David Howard appointedsecretary
- 2007-03-01➖BELL, John Gerard resigneddirector
- 2007-03-01➖PIM, Sheila resigneddirector
- 2006-02-25➖MCCANN, Aoife resigneddirector
Showing most recent 50 of 94 events
Owner dependency
65/100
High — earn-out structure requiredMaterial 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 23 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 75 — succession pressure is live.
Succession & seller-readiness
90/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 75 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 26 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
2 high ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2022-10-06
3 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2022-10-06: gazette-dissolved-liquidation; 2022-07-06: liquidation-completion-of-winding-up-northern-ireland
🔒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 · Leisure & entertainment · BT postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| OASIS TRAVEL (N.I.) LIMITED→ NI017848 · est 1984 | £2.17M £1.69M–£2.65M | £37.79M | — | 6200 | 41y | 84 | 67y |
| HIGHPOINT ADVENTURE MANAGEMENT LTD→ NI055451 · est 2005 | £231.4k £180.0k–£282.9k | £147.0k | — | 200 | 21y | 100 | 53y |
| ARAS CHOLMCILLE TRUST→ NI047957 · est 2003 · no financials extracted | — | — | — | — | 22y | 83 | 77y |
| AUGHABRACK & DISTRICT COMMUNITY ASSOCIATION→ NI052159 · est 2004 | — | — | — | 100 | 21y | 83 | 74y |
| BALLYHORNAN AND DISTRICT COMMUNITY ASSOCIATION→ NI056389 · est 2005 · no financials extracted | — | — | — | — | 20y | 83 | 77y |
| BELFAST CITY SIGHTSEEING LIMITED→ NI601088 · est 2009 | — | — | — | — | 16y | 83 | 58y |
| BLOODY SUNDAY TRUST - THE→ NI038789 · est 2000 | — | — | — | 6 | 25y | 83 | 79y |
| BREADY & DISTRICT ULSTER-SCOTS DEVELOPMENT ASSOCIATION→ NI046528 · est 2003 · no financials extracted | — | — | — | — | 23y | 83 | 66y |
| CLOGHER VALLEY COMMUNITY CENTRE→ NI060131 · est 2006 · no financials extracted | — | — | — | — | 19y | 83 | 70y |
| COACHING FOR CHRIST LTD.→ NI058166 · est 2006 · no financials extracted | — | — | — | — | 20y | 83 | 69y |
| CULTURLANN MCADAM O FIAICH→ NI606060 · est 2011 | — | — | £821.8k | — | 15y | 83 | 68y |
| DERRY THEATRE TRUST→ NI031527 · est 1996 · no financials extracted | — | — | — | — | 29y | 83 | 79y |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
10 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
Statusdissolved
Typeprivate-limited-guarant-nsc-limited-exemption
Incorporated2000-02-25
Jurisdictionnorthern-ireland
Primary SIC93199 — Other sports activities
Registered office
2 Queens Quay
Belfast
BT3 9QQ
Filing status
Accounts
Next due: —
Last made up to: 2015-03-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 30 resigned)
Active
LEMASS, Sean→
Activedirector · ~75y · appointed 2007-10-23
View their other companies + combined net worth →
MOORE, Kevin→
Activedirector · ~63y · appointed 2003-11-03
View their other companies + combined net worth →
O'COINEEN, Enda→
Activedirector · ~71y · appointed 2003-11-03
View their other companies + combined net worth →
REID, Gerard Joseph→
Activedirector · ~61y · appointed 2009-03-01
View their other companies + combined net worth →
BEATTIE, David Howard→
Resignedsecretary · appointed 2007-03-01 · resigned 2014-03-09
BALMER, Kevin William→
Resigneddirector · ~75y · appointed 2001-04-03 · resigned 2003-11-03
BEATTIE, David Howard→
Resigneddirector · ~73y · appointed 2005-12-15 · resigned 2015-08-24
BEATTIE, Noel Cunningham→
Resigneddirector · ~85y · appointed 2000-02-25 · resigned 2001-04-03
BELL, John Gerard→
Resigneddirector · ~85y · appointed 2002-03-05 · resigned 2007-03-01
BRANKIN, Steve→
Resigneddirector · ~65y · appointed 2007-10-23 · resigned 2011-01-01
BRENNAN, Gerald→
Resigneddirector · ~81y · appointed 2002-12-02 · resigned 2003-11-03
BURNSIDE, Alan→
Resigneddirector · ~79y · appointed 2001-04-03 · resigned 2007-10-23
CARNSON, George Andrew→
Resigneddirector · ~79y · appointed 2000-03-22 · resigned 2001-05-27
CHALMERS, John Colin→
Resigneddirector · ~92y · appointed 2001-04-03 · resigned 2002-03-05
CHATTERLEY, Jackie→
Resigneddirector · ~65y · appointed 2002-10-21 · resigned 2004-03-29
CUNNINGHAM, Colin Richard→
Resigneddirector · ~83y · appointed 2001-04-03 · resigned 2002-12-02
HAMILL, Gregory Francis→
Resigneddirector · ~74y · appointed 2002-03-05 · resigned 2002-10-21
HOGG, Samuel Robinson→
Resigneddirector · ~85y · appointed 2001-09-01 · resigned 2003-11-06
HUTCHESON, Thomas Campbell→
Resigneddirector · ~85y · appointed 2000-03-22 · resigned 2002-03-05
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Department Of / Rathgael House | Mortgage or charge | 1 property | 21/01/2003 | 10/07/2013 |
Recent filings (131 total)
gazette-dissolved-liquidation
gazette · GAZ2
2022-10-06
liquidation-completion-of-winding-up-northern-ireland
insolvency · L22(NI)
2022-07-06
liquidation-compulsory-winding-up-order
insolvency · COCOMP
2016-06-07
gazette-notice-compulsory
gazette · GAZ1
2016-05-24
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-12-31
change-account-reference-date-company-previous-extended
accounts · AA01
2015-09-18
termination-director-company-with-name-termination-date
officers · TM01
2015-09-15
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2015-08-28
appoint-person-secretary-company-with-name
officers · AP03
2015-08-28
termination-secretary-company-with-name-termination-date
officers · TM02
2015-08-20
appoint-person-secretary-company-with-name-date
officers · AP03
2015-08-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2015-08-20
annual-return-company-with-made-up-date-no-member-list
annual-return · AR01
2015-04-10
termination-director-company-with-name-termination-date
officers · TM01
2015-04-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2014-10-02