TOWN & COUNTRY FURNITURE (NI) LIMITED

🌳Matureactive
NI038271 · ltd · incorporated 2000-04-04
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£210.0k
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: Retail sale of furniture, lighting, and similar (not musical instruments or scores) in specialised stores
Sector: Wholesale & retail
Investor take
Pursue
Asset-holding vehicle with a 60-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 60). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (76/100)

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
Confirmed no charges registered
85
Directors & officers
5 officers (3 active, 5 linked, 3 with DOB)
82
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
63 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £210,042
Net assets shrinking
Down £2,231 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£210k
↓ 1.1% YoY
Current Assets
£285k
↓ 2.2% YoY
Current Liabilities
—
£0£58k£117k£175k£233k£291kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£221.0k£232.6k
Current assets£285.0k£291.4k
Net assets£210.0k£212.3k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2025-08-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-12-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-11-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-12-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-11-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-04-30
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  7. 2021-04-29
    ➕
    BURNS, Paul appointed
    secretary
  8. 2021-04-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2021-04-16
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  10. 2021-04-16
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  11. 2020-10-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2020-03-10
    ➖
    BURNS, James resigned
    secretary
  13. 2020-03-10
    ➖
    BURNS, James resigned
    director
  14. 2019-12-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2018-11-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2017-12-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2016-12-22
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  18. 2016-04-04
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  19. 2000-04-04
    🏢
    Company incorporated
    As TOWN & COUNTRY FURNITURE (NI) LIMITED
  20. 2000-04-04
    ➕
    BURNS, Mark appointed
    director
  21. 2000-04-04
    ➕
    BURNS, Paul appointed
    director
  22. 2000-04-04
    ➕
    BURNS, James appointed
    secretary
  23. 2000-04-04
    ➕
    BURNS, James appointed
    director

Owner dependency

84/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 26 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

76/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 26 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Paul Burns
Individual · Irish · DOB 07/1966 · age 60
——sig. influencesignificant influence06/04/2016
Mr Mark Burns
Individual · Northern Irish · DOB 01/1969 · age 57
——sig. influencesignificant influence06/04/2016
1 historic (ceased) PSC
  • Mr James Burnsceased 10/03/2020· 50-75% shares

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Retail · BT postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
LAMONT STONE LIMITED→
NI031454 · est 1996
£12.57M
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——7329y8774y
BLAIR'S CARAVANS LIMITED→
NI012772 · est 1978
£10.95M
£8.21M–£13.69M
£13.81M—640048y8858y
BOLAN INVESTMENTS LIMITED→
NI030942 · est 1996
£5.21M
£3.91M–£6.52M
——1810029y8472y
CREATIVE GARDENS (NI) LIMITED→
NI043559 · est 2002
£4.31M
£3.23M–£5.39M
£13.07M—2090023y8477y
MURDOCK HARDWOOD INDUSTRIES LIMITED→
NI015426 · est 1982
£3.94M
£2.96M–£4.93M
£14.10M—330044y8763y
R & J FOODS LTD→
NI035741 · est 1999
£3.17M
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——11427y8464y
STEPHENS CATERING EQUIPMENT COMPANY LIMITED→
NI011092 · est 1975
£2.18M
£1.63M–£2.72M
£19.96M—950050y8562y
BASIL KNIPE ELECTRICS LIMITED→
NI070354 · est 2008
£2.04M
£1.53M–£2.56M
——430017y8761y
CHARIOTEER LIMITED→
NI038821 · est 2000
£1.83M
£1.37M–£2.29M
£16.58M—940025y8561y
JESROE (SERVICES) LIMITED→
NI033828 · est 1998
£1.19M
£889.9k–£1.48M
——300028y8769y
WINE INNS LIMITED→
NI008313 · est 1971
£1.15M
£863.8k–£1.44M
——1220054y8580y
BELFAST TILES AND BATHROOM CENTRE LTD→
NI055324 · est 2005
£80.5k
£60.4k–£100.7k
£373.4k—30020y8562y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 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 →
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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.

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Company details

Statusactive
Typeltd
Incorporated2000-04-04
Jurisdictionnorthern-ireland
Primary SIC47599 — Retail sale of furniture, lighting, and similar (not musical instruments or scores) in specialised stores

Registered office

228 Culmore Road
Derry
BT48 8JL

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-07-05
Last: 2025-06-21

Officers (3 active · 2 resigned)

BURNS, Paul→
secretary · appointed 2021-04-29
View their other companies + combined net worth →
Active
BURNS, Mark→
director · ~57y · appointed 2000-04-04
View their other companies + combined net worth →
Active
BURNS, Paul→
director · ~60y · appointed 2000-04-04
View their other companies + combined net worth →
Active
BURNS, James→
secretary · appointed 2000-04-04 · resigned 2020-03-10
Resigned
BURNS, James→
director · ~85y · appointed 2000-04-04 · resigned 2020-03-10
Resigned

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

Recent filings (63 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-23
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-21
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-05
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-05
accounts-with-accounts-type-micro-entity
accounts · AA
2021-11-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-05
appoint-person-secretary-company-with-name-date
officers · AP03
2021-04-30
termination-director-company-with-name-termination-date
officers · TM01
2021-04-16
termination-secretary-company-with-name-termination-date
officers · TM02
2021-04-16
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-04-16
accounts-with-accounts-type-micro-entity
accounts · AA
2020-10-06