HEYN ENGINEERING (NI) LIMITED

🌳Matureactive
NI038423 · ltd · incorporated 2000-04-20
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 22.0y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Sept 2025
Net worth
—
book net assets
Opportunity
82/100
Exceptional
🔔
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What this business does
Primary activity: Manufacture of metal structures and parts of structures
Sector: Manufacturing
Investor take
Pursue
Active trading company with a 70-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 70). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: strategic trade sale (78/100).

🏦

Refinance opportunity

2 live charges · oldest 22.0y

75/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 22.0 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.
  • · Profitable and stable/growing — lender coverage supportable.

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
11 officers (3 active, 11 linked, 7 with DOB)
83
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
90 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒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
82/100Exceptional
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
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Profitable
Profit before tax £598,047

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Sept 2024Sept 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-09-302024-09-30
Profit before tax£598.0k£519.8k
Average employees646500

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
0
filings
Last 90 days
2
filings
  • • 1 accounts
  • • 1 confirmation-statement
Last 180 days
2
filings
  • • 1 accounts
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (37 events)Click to expand
  1. 2026-04-09
    📄
    accounts-with-accounts-type-full
    accounts · AA
  2. 2025-06-10
    📄
    accounts-with-accounts-type-full
    accounts · AA
  3. 2024-06-25
    📄
    accounts-with-accounts-type-small
    accounts · AA
  4. 2024-06-10
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  5. 2024-06-10
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  6. 2024-06-01
    ➕
    CARTMILL, Heather Selina May appointed
    secretary
  7. 2024-05-31
    ➖
    YOURSTON, Rab resigned
    secretary
  8. 2023-11-13
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2023-11-13
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2023-06-27
    📄
    accounts-with-accounts-type-small
    accounts · AA
  11. 2022-06-30
    📄
    accounts-with-accounts-type-small
    accounts · AA
  12. 2021-05-20
    📄
    accounts-with-accounts-type-small
    accounts · AA
  13. 2020-06-22
    📄
    accounts-with-accounts-type-small
    accounts · AA
  14. 2019-07-01
    📄
    accounts-with-accounts-type-small
    accounts · AA
  15. 2018-10-01
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  16. 2018-10-01
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  17. 2018-03-05
    📄
    accounts-with-accounts-type-small
    accounts · AA
  18. 2011-05-31
    ➖
    TOLAND, Alexander resigned
    director
  19. 2008-06-05
    ➖
    CLARKE, David Nigel resigned
    secretary
  20. 2008-06-05
    ➕
    YOURSTON, Rab appointed
    secretary
  21. 2008-04-07
    ➖
    CAMPBELL, Kevin David John resigned
    secretary
  22. 2008-04-07
    ➕
    CLARKE, David Nigel appointed
    secretary
  23. 2007-01-01
    ➕
    DENVIR, Kevin Anthony appointed
    director
  24. 2004-06-10
    ➖
    MACLARAN, Michael Walter Savage resigned
    director
  25. 2004-05-25
    ➕
    CLARKE, David Nigel appointed
    director
  26. 2004-05-25
    🔒
    Charge registered #2
    Lender: Northern Bank LTD
  27. 2004-05-25
    🔒
    Charge registered #1
    Lender: Northern Bank LTD
  28. 2004-04-27
    ➖
    CLARKE, Patrick resigned
    director
  29. 2003-07-31
    ➖
    DOLAGHAN, Brian Patrick resigned
    director
  30. 2002-05-20
    ➕
    CLARKE, Patrick appointed
    director
  31. 2001-05-15
    ➖
    BEST, Reginald Carl resigned
    director
  32. 2000-04-20
    🏢
    Company incorporated
    As HEYN ENGINEERING (NI) LIMITED
  33. 2000-04-20
    ➕
    CAMPBELL, Kevin David John appointed
    secretary
  34. 2000-04-20
    ➕
    BEST, Reginald Carl appointed
    director
  35. 2000-04-20
    ➕
    MACLARAN, Michael Walter Savage appointed
    director
  36. 2000-04-17
    ➕
    DOLAGHAN, Brian Patrick appointed
    director
  37. 2000-04-17
    ➕
    TOLAND, Alexander appointed
    director

Owner dependency

83/100
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 22 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 70 — succession pressure is live.

Succession & seller-readiness

86/100
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 70 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 22 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

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

Group structure

Heyn Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Heyn Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
HEYN ENGINEERING (NI) LIMITED
This company · NI038423

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%
NameSharesVoting rightsNature of controlNotified
Heyn Limited
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control28/09/2018
1 historic (ceased) PSC
  • Heyn Hs Ltdceased 28/09/2018· 75-100% shares

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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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
Incorporated2000-04-20
Jurisdictionnorthern-ireland
Primary SIC25110 — Manufacture of metal structures and parts of structures

Registered office

1 Corry Place
Belfast Harbour
Belfast
BT3 9AH

Filing status

Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2027-04-08
Last: 2026-03-25

Officers (3 active · 8 resigned)

CARTMILL, Heather Selina May→
secretary · appointed 2024-06-01
View their other companies + combined net worth →
Active
CLARKE, David Nigel→
director · ~65y · appointed 2004-05-25
View their other companies + combined net worth →
Active
DENVIR, Kevin Anthony→
director · ~70y · appointed 2007-01-01
View their other companies + combined net worth →
Active
CAMPBELL, Kevin David John→
secretary · appointed 2000-04-20 · resigned 2008-04-07
Resigned
CLARKE, David Nigel→
secretary · appointed 2008-04-07 · resigned 2008-06-05
Resigned
YOURSTON, Rab→
secretary · appointed 2008-06-05 · resigned 2024-05-31
Resigned
BEST, Reginald Carl→
director · ~88y · appointed 2000-04-20 · resigned 2001-05-15
Resigned
CLARKE, Patrick→
director · ~79y · appointed 2002-05-20 · resigned 2004-04-27
Resigned
DOLAGHAN, Brian Patrick→
director · ~61y · appointed 2000-04-17 · resigned 2003-07-31
Resigned
MACLARAN, Michael Walter Savage→
director · ~78y · appointed 2000-04-20 · resigned 2004-06-10
Resigned
TOLAND, Alexander→
director · ~78y · appointed 2000-04-17 · resigned 2011-05-31
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Northern Bank
Northern Bank LTD
Mortgage or charge1 property25/05/2004—
outstanding
Northern Bank
Northern Bank LTD
Mortgage or charge1 property25/05/2004—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (90 total)

accounts-with-accounts-type-full
accounts · AA
2026-04-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-25
accounts-with-accounts-type-full
accounts · AA
2025-06-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-28
accounts-with-accounts-type-small
accounts · AA
2024-06-25
termination-secretary-company-with-name-termination-date
officers · TM02
2024-06-10
appoint-person-secretary-company-with-name-date
officers · AP03
2024-06-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-22
change-person-director-company-with-change-date
officers · CH01
2023-11-13
change-person-director-company-with-change-date
officers · CH01
2023-11-13
accounts-with-accounts-type-small
accounts · AA
2023-06-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-20
accounts-with-accounts-type-small
accounts · AA
2022-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-20
accounts-with-accounts-type-small
accounts · AA
2021-05-20