TMKK LIMITED

💤Zombieactive
NI040178 · ltd · incorporated 2001-02-13
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Apr 2025
Net worth
book net assets
Opportunity
71/100
Strong
🔔
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 71/100 (strong), bankability 75/100. Strong seller-intent signal (88/100, director aged 70). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

5 live charges · 2 lenders · oldest 24.9y

30/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 24.9 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (80/100)

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
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
4 officers (2 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
71 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
59
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£171k£341k£512k£682k£853kApr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-04-302024-04-30
Total assets£853.0k
Current assets£62.6k
Net assets£853.0k
Average employees0

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
1
filing
  • 1 accounts
Last 90 days
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
  1. 2026-04-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-01-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-01-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-01-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-11-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2020-01-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2019-02-11
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  9. 2019-02-11
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  10. 2019-02-11
    🔓
    Charge satisfied #5
  11. 2019-02-11
    🔓
    Charge satisfied #4
  12. 2019-01-29
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  13. 2018-01-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2017-10-04
    HORNER, Karin resigned
    director
  15. 2017-10-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2017-10-04
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  17. 2017-10-04
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  18. 2017-10-04
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  19. 2017-10-04
    🔓
    Charge satisfied #3
  20. 2017-10-04
    🔓
    Charge satisfied #2
  21. 2017-10-04
    🔓
    Charge satisfied #1
  22. 2017-01-27
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  23. 2011-11-19
    HORNER, Karin appointed
    director
  24. 2011-11-19
    HORNER, Thomas Mark resigned
    director
  25. 2007-02-28
    🔒
    Charge registered #5
    Lender: The Governor and Company of the Bank of Ireland
  26. 2007-02-28
    🔒
    Charge registered #4
    Lender: The Governor and Company of the Bank of Ireland
  27. 2001-06-21
    🔒
    Charge registered #3
    Lender: Northern Bank LTD
  28. 2001-06-21
    🔒
    Charge registered #2
    Lender: Northern Bank LTD
  29. 2001-06-21
    🔒
    Charge registered #1
    Lender: Northern Bank LTD
  30. 2001-02-13
    🏢
    Company incorporated
    As TMKK LIMITED
  31. 2001-02-13
    HARRISON, Terence Oliver appointed
    secretary
  32. 2001-02-13
    HARRISON, Terence Oliver appointed
    director
  33. 2001-02-13
    HORNER, Thomas Mark appointed
    director

Owner dependency

100/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 70 — succession pressure is live.

Succession & seller-readiness

100/100
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.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 25 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 25 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high · 1 med ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-04-30

Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Terry Harrison
Individual · British · DOB 04/1956 · age 70
sig. influencesignificant influence01/04/2017

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

9 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
Incorporated2001-02-13
Jurisdictionnorthern-ireland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

7 Manse Road
Belfast
BT6 9SB

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-04-30OVERDUE
Last: 2025-04-16

Officers (2 active · 2 resigned)

HARRISON, Terence Oliver
secretary · appointed 2001-02-13
View their other companies + combined net worth →
Active
HARRISON, Terence Oliver
director · ~70y · appointed 2001-02-13
View their other companies + combined net worth →
Active
HORNER, Karin
director · ~70y · appointed 2011-11-19 · resigned 2017-10-04
Resigned
HORNER, Thomas Mark
director · ~70y · appointed 2001-02-13 · resigned 2011-11-19
Resigned

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

Mortgages & charges

5
Total charges
0
Outstanding
0
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
satisfied
The Governor and Company of the Bank of Ireland
Mortgage or charge2 properties28/02/200711/02/2019
satisfied
The Governor and Company of the Bank of Ireland
Mortgage or charge1 property28/02/200711/02/2019
satisfied
Northern Bank
Northern Bank LTD
Mortgage or charge1 property21/06/200104/10/2017
satisfied
Northern Bank
Northern Bank LTD
Mortgage or charge1 property21/06/200104/10/2017
satisfied
Northern Bank
Northern Bank LTD
Mortgage or charge1 property21/06/200104/10/2017

Recent filings (71 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-04-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-27
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-19
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-04
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-27
accounts-with-accounts-type-micro-entity
accounts · AA
2021-11-30
accounts-with-accounts-type-micro-entity
accounts · AA
2021-04-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-04-29
accounts-with-accounts-type-micro-entity
accounts · AA
2020-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-04-16
mortgage-satisfy-charge-full
mortgage · MR04
2019-02-11