ASHGROVE HALL (NEWRY) LIMITED

💤Zombieactive
NI041080 · ltd · incorporated 2001-06-27
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.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
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
—
year to Jun 2025
Net worth
£2.9k
book net assets
Opportunity
74/100
Strong
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What this business does
Primary activity: Residents property management
Sector: Activities of households
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 74/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (73/100)

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
8 officers (1 active, 8 linked, 6 with DOB)
85
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
10 connected companies via shared directors
75
Filing history
69 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
74/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
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 £2,855
Net assets shrinking
Down £1,113 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£3k
↓ 28% YoY
Current Assets
£3k
↓ 29% YoY
Current Liabilities
—
£0£806£2k£2k£3k£4kJun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-06-302024-06-30
Total assets£2.9k£4.0k
Current assets£2.9k£4.0k
Net assets£2.9k£4.0k

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
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
  1. 2026-02-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-03-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-02-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-02-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-03-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-06-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2020-08-13
    ➕
    MCVEIGH, Patrick James appointed
    director
  8. 2020-08-13
    ➖
    MCVEIGH, Jack James resigned
    director
  9. 2020-08-13
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2020-08-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2020-08-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2020-03-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2019-02-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2018-03-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2017-07-10
    📄
    notification-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC08
  16. 2016-11-24
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2016-08-11
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2016-03-21
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  19. 2014-01-01
    ➖
    CUNNINGHAM, Olivia Susan resigned
    secretary
  20. 2014-01-01
    ➕
    MCVEIGH, Jack James appointed
    director
  21. 2014-01-01
    ➖
    MCVEIGH, Patrick James resigned
    director
  22. 2010-04-15
    ➖
    MCVEIGH, Patrick James resigned
    director
  23. 2008-06-17
    ➖
    MAGINN, Eamon Henry resigned
    secretary
  24. 2008-06-17
    ➖
    MAGINN, Eamon Henry resigned
    director
  25. 2008-06-17
    ➖
    MAGINN, Helen resigned
    director
  26. 2008-06-17
    ➕
    MCVEIGH, Patrick James appointed
    director
  27. 2008-06-17
    ➕
    MCVEIGH, Patrick James appointed
    director
  28. 2006-09-01
    ➕
    CUNNINGHAM, Olivia Susan appointed
    secretary
  29. 2001-06-27
    🏢
    Company incorporated
    As ASHGROVE HALL (NEWRY) LIMITED
  30. 2001-06-27
    ➕
    MAGINN, Eamon Henry appointed
    secretary
  31. 2001-06-27
    ➕
    MAGINN, Eamon Henry appointed
    director
  32. 2001-06-27
    ➕
    MAGINN, Helen appointed
    director

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

55/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
🔒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
Incorporated2001-06-27
Jurisdictionnorthern-ireland
Primary SIC98000 — Residents property management

Registered office

1 Kildare Street
Newry
BT34 1DQ
Northern Ireland

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-07-11
Last: 2025-06-27

Officers (1 active · 7 resigned)

MCVEIGH, Patrick James→
director · ~56y · appointed 2020-08-13
View their other companies + combined net worth →
Active
CUNNINGHAM, Olivia Susan→
secretary · appointed 2006-09-01 · resigned 2014-01-01
Resigned
MAGINN, Eamon Henry→
secretary · appointed 2001-06-27 · resigned 2008-06-17
Resigned
MAGINN, Eamon Henry→
director · ~62y · appointed 2001-06-27 · resigned 2008-06-17
Resigned
MAGINN, Helen→
director · ~63y · appointed 2001-06-27 · resigned 2008-06-17
Resigned
MCVEIGH, Jack James→
director · ~31y · appointed 2014-01-01 · resigned 2020-08-13
Resigned
MCVEIGH, Patrick James→
director · ~56y · appointed 2008-06-17 · resigned 2010-04-15
Resigned
MCVEIGH, Patrick James→
director · ~56y · appointed 2008-06-17 · resigned 2014-01-01
Resigned

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

Recent filings (69 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-19
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-02
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-27
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-28
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-28
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-29
accounts-with-accounts-type-micro-entity
accounts · AA
2021-06-29
appoint-person-director-company-with-name-date
officers · AP01
2020-08-13
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-08-13
termination-director-company-with-name-termination-date
officers · TM01
2020-08-13
confirmation-statement-with-updates
confirmation-statement · CS01
2020-07-08