PETER MCCORMACK & SONS LIMITED

🌳Matureactive

NI038813 · ltd · incorporated 2000-06-16

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 19.6y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Oct 2024

Net worth

—

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: SIC 42220

Sector: Construction

Investor take

Pursue

Conservative operator with a 60-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 85/100. Strong seller-intent signal (60/100, director aged 60). Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (78/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 19.6y

80/100

ready

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

· Oldest live charge is 19.6 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Legal-friction score 23/100 — clean.
· Profitable and stable/growing — lender coverage supportable.

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

1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed

Lenders & charges

2 charges (2/2 with lender, 2/2 with type)

Directors & officers

11 officers (6 active, 11 linked, 9 with DOB)

Ownership & PSC

1 active PSC(s) of 3 total, 3 with control declared

Director network

15 connected companies via shared directors

Filing history

88 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

🔒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

80/100Exceptional

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102

Profitable

Profit before tax £6,271,595

Key financials

1 year extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Financials

Extracted from Companies House accounts · FRS 102

Metric	2024-10-21
Profit before tax	£6.27M
Average employees	2200

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal 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

filing

• 1 confirmation-statement

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filings

• 1 confirmation-statement
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (43 events)Click to expand

2026-02-02
📄
accounts-with-accounts-type-full
accounts · AA
2025-09-26
📄
change-person-director-company-with-change-date
officers · CH01
2025-06-30
📄
accounts-with-accounts-type-full
accounts · AA
2024-12-12
📄
change-person-director-company-with-change-date
officers · CH01
2024-11-25
📄
change-account-reference-date-company-current-shortened
accounts · AA01
2024-11-21
📄
change-account-reference-date-company-previous-extended
accounts · AA01
2024-11-06
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-11-04
📄
memorandum-articles
incorporation · MA
2024-11-04
📄
resolution
resolution · RESOLUTIONS
2024-11-01
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-11-01
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-11-01
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2024-11-01
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2024-11-01
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-11-01
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-11-01
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-10-22
➕
CORNWELL, Michael appointed
secretary
2024-10-22
➕
HUGHES, Michael Blake appointed
director
2024-10-22
➕
MCNULTY, Michael Joseph appointed
director
2024-10-22
➕
O'SULLIVAN, Denis Adrian appointed
director
2024-10-22
➕
SNOWBALL, David Matthew appointed
director
2024-10-22
➖
MCCORMACK, Caroline resigned
secretary
2024-10-22
➖
MCCORMACK, Caroline resigned
director
2024-10-22
➖
MCCORMACK, Gregory Patrick resigned
director
2024-10-16
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-10-16
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-10-16
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-09-07
📄
mortgage-satisfy-charge-full
mortgage · MR04
2024-09-07
🔓
Charge satisfied #2
2024-01-03
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-09
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-10-06
➕
MCCORMACK, Martin Raymond appointed
director
2021-03-02
🔒
Charge registered #2
Lender: Barclays Bank PLC
2021-02-18
🔓
Charge satisfied #1
2006-11-08
🔒
Charge registered #1
Lender: Ulster Bank Limited
2004-10-06
➕
MCCORMACK, Caroline appointed
director
2004-10-06
➖
MCCORMACK, Peter resigned
director
2000-07-01
➕
MCCORMACK, Gregory Patrick appointed
director
2000-07-01
➕
MCCORMACK, Peter appointed
director
2000-06-17
➖
KAVANAGH, Sean resigned
director
2000-06-16
🏢
Company incorporated
As PETER MCCORMACK & SONS LIMITED
2000-06-16
➕
MCCORMACK, Caroline appointed
secretary
2000-06-16
➕
KAVANAGH, Sean appointed
director

Owner dependency

63/100

High — earn-out structure required

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

FACTORS

-5 active directors: Broader management team in place — suggests transferable governance.
+Founder name in company name: Company name contains director surname "MCCORMACK" — strong identity link between founder and business.
+Senior director age: Director aged approximately 60 — approaching natural succession window.

Succession & seller-readiness

40/100

Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.

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

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

🏛️

Carmar Ltd

Corporate parent · holds 75-100% shares · board control

ultimate parent

⬇

PETER MCCORMACK & SONS LIMITED

This company · NI038813

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
Carmar Ltd Corporate entity	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	15/10/2024

2 historic (ceased) PSCs

Mr Greg Mccormackceased 15/10/2024· 25-50% shares · 25-50% voting
Mrs Caroline Agnes Mccormackceased 15/10/2024· 25-50% shares · 25-50% voting

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
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
F G ANDERSON & SONS LTD→ NI681234 · est 2021	£2.79M £1.99M–£3.59M	—	—	0	4y	85	69y

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 →

🔒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

Incorporated2000-06-16

Jurisdictionnorthern-ireland

Primary SIC42220 — SIC 42220

Registered office

17 Kilrea Road

Maghera

BT46 5SN

Filing status

Accounts

Next due: 2027-01-31

Last made up to: 2025-04-30

Confirmation statement

Next due: 2027-05-17

Last: 2026-05-03