LAGAN OPERATIONS & MAINTENANCE LIMITED

🌳Matureactive

NI041431 · ltd · incorporated 2001-08-29

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.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

£130.5k

book net assets

Opportunity

79/100

Strong

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What this business does

Primary activity: Other specialised construction activities n.e.c.

Sector: Construction

Investor take

Pursue

Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 79/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -61% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 15.7y

30/100

under pressure

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

· Oldest live charge is 15.7 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: high (83/100)

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

Lenders & charges

3 charges (3/3 with lender, 3/3 with type)

Directors & officers

16 officers (4 active, 16 linked, 10 with DOB)

Ownership & PSC

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

Director network

20 connected companies via shared directors

Filing history

95 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

79/100Strong

PassWatchWorth a lookStrongExceptional

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

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

Positive net assets

Net assets £130,469

Net assets shrinking

Down £689,413 YoY

Cash draining

Cash down 61% YoY

Cash YoY

-61%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£455k

↓ 61% YoY

Net Worth

£130k

↓ 84% YoY

Current Assets

£1.4m

↓ 63% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-03-31	2024-03-31
Total assets	£141.6k	£819.9k
Current assets	£1.44M	£3.89M
Cash	£455.0k	£1.17M
Net assets	£130.5k	£819.9k

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

🔒Filing-note intelligence

4 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

filings

Last 90 days

filings

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (49 events)Click to expand

2025-12-19
📄
accounts-with-accounts-type-group
accounts · AA
2024-12-20
📄
accounts-with-accounts-type-group
accounts · AA
2024-01-03
📄
accounts-with-accounts-type-group
accounts · AA
2023-02-07
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-02-01
🔒
Charge registered #3
Lender: Northern Bank Limited
2022-09-22
📄
accounts-with-accounts-type-group
accounts · AA
2022-01-10
📄
change-person-director-company-with-change-date
officers · CH01
2021-11-29
📄
accounts-with-accounts-type-group
accounts · AA
2021-04-23
📄
appoint-person-director-company-with-name-date
officers · AP01
2021-04-21
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2021-04-21
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2021-04-01
➕
AGNEW, Dermott appointed
secretary
2021-04-01
➕
O'NEILL, Peter appointed
director
2021-04-01
➖
HARROWER-STEELE, Jill resigned
secretary
2020-09-15
📄
accounts-with-accounts-type-group
accounts · AA
2019-12-16
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2019-12-12
🔒
Charge registered #2
Lender: Northern Bank Limited (Trading as Danske Bank)
2019-10-11
📄
appoint-person-director-company-with-name-date
officers · AP01
2019-10-11
📄
termination-director-company-with-name-termination-date
officers · TM01
2019-10-11
📄
termination-director-company-with-name-termination-date
officers · TM01
2019-10-01
➕
RAMSEY, David appointed
director
2019-10-01
➖
FLETCHER, Nicolas Andrew resigned
director
2019-10-01
➖
O'CALLAGHAN, Gerard Austin resigned
director
2019-08-08
📄
accounts-with-accounts-type-group
accounts · AA
2019-01-02
📄
accounts-with-accounts-type-small
accounts · AA
2018-03-02
➕
FLETCHER, Nicolas Andrew appointed
director
2018-03-02
➖
LAGAN, Kevin Anthony resigned
director
2017-04-01
➕
HARROWER-STEELE, Jill appointed
secretary
2017-04-01
➕
O'CALLAGHAN, Gerard Austin appointed
director
2013-10-08
➖
ABBI, Guy resigned
secretary
2013-01-31
➖
KENNY, Eamonn resigned
director
2012-04-01
➕
LOUGHLIN, Sean James appointed
director
2012-04-01
➕
KENNY, Eamonn appointed
director
2012-04-01
➕
LAGAN, Kevin Anthony appointed
director
2012-04-01
➖
LAGAN, Michael Anthony resigned
director
2012-01-31
➖
CAWLEY, Gerard Anthony resigned
director
2011-12-05
➕
ABBI, Guy appointed
secretary
2011-12-05
➖
MARTIN, Scott James resigned
secretary
2010-09-01
➖
CANAVAN, Declan Vincent resigned
secretary
2010-09-01
➕
MARTIN, Scott James appointed
secretary
2010-09-01
➖
LAGAN, John Patrick Kevin resigned
director
2010-09-01
🔒
Charge registered #1
Lender: Northern Bank Limited
2008-05-06
➕
CANAVAN, Declan Vincent appointed
secretary
2008-05-06
➖
JENKINS, Charles Gerard resigned
secretary
2001-08-29
🏢
Company incorporated
As LAGAN OPERATIONS & MAINTENANCE LIMITED
2001-08-29
➕
JENKINS, Charles Gerard appointed
secretary
2001-08-29
➕
CAWLEY, Gerard Anthony appointed
director
2001-08-29
➕
LAGAN, John Patrick Kevin appointed
director
2001-08-29
➕
LAGAN, Michael Anthony appointed
director

Owner dependency

58/100

Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS

+Senior director age: Director aged approximately 61 — approaching natural succession window.

Succession & seller-readiness

63/100

Strong succession signal

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

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
secondary12+ year tenure: Director in role 14 years.
secondaryStable-but-static management: Company is 25 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.)

Group structure

Lagan Operations & Maintenance Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Lagan Operations & Maintenance Holdings Limited

Corporate parent · holds 75-100% shares

ultimate parent

⬇

LAGAN OPERATIONS & MAINTENANCE LIMITED

This company · NI041431

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
Lagan Operations & Maintenance Holdings Limited Corporate entity	75–100%	—	75-100% shares	06/04/2016

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
PETER MCCORMACK & SONS LIMITED→ NI038813 · est 2000	£16.43M £11.74M–£21.13M	—	—	2200	25y	85	60y
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

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

Incorporated2001-08-29

Jurisdictionnorthern-ireland

Primary SIC43999 — Other specialised construction activities n.e.c.

Registered office

Rosemount House

21-23 Sydenham Road

Belfast

BT3 9HA

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-09-12

Last: 2025-08-29

Officers (4 active · 12 resigned)

AGNEW, Dermott→

secretary · appointed 2021-04-01

View their other companies + combined net worth →

Active

LOUGHLIN, Sean James→

director · ~61y · appointed 2012-04-01

View their other companies + combined net worth →

Active

O'NEILL, Peter→

director · ~48y · appointed 2021-04-01

View their other companies + combined net worth →

Active

RAMSEY, David→

director · ~39y · appointed 2019-10-01

View their other companies + combined net worth →

Active

ABBI, Guy→

secretary · appointed 2011-12-05 · resigned 2013-10-08

Resigned

CANAVAN, Declan Vincent→

secretary · appointed 2008-05-06 · resigned 2010-09-01

Resigned

HARROWER-STEELE, Jill→

secretary · appointed 2017-04-01 · resigned 2021-04-01

Resigned

JENKINS, Charles Gerard→

secretary · appointed 2001-08-29 · resigned 2008-05-06

Resigned

MARTIN, Scott James→

secretary · appointed 2010-09-01 · resigned 2011-12-05

Resigned

CAWLEY, Gerard Anthony→

director · ~62y · appointed 2001-08-29 · resigned 2012-01-31

Resigned

FLETCHER, Nicolas Andrew→

director · ~62y · appointed 2018-03-02 · resigned 2019-10-01

Resigned

KENNY, Eamonn→

director · ~72y · appointed 2012-04-01 · resigned 2013-01-31

Resigned

LAGAN, John Patrick Kevin→

director · ~76y · appointed 2001-08-29 · resigned 2010-09-01

Resigned

LAGAN, Kevin Anthony→

director · ~44y · appointed 2012-04-01 · resigned 2018-03-02

Resigned

LAGAN, Michael Anthony→

director · ~71y · appointed 2001-08-29 · resigned 2012-04-01

Resigned

O'CALLAGHAN, Gerard Austin→

director · ~52y · appointed 2017-04-01 · resigned 2019-10-01

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:3 of 3 shown

		Type	Properties
outstanding	Northern Bank Northern Bank Limited	A registered charge	—	01/02/2023	—
outstanding	Northern Bank (Trading as Danske Bank) Northern Bank Limited (Trading as Danske Bank)	A registered charge	—	12/12/2019	—
outstanding	Northern Bank Northern Bank Limited	Debenture	2 properties	01/09/2010	—

Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (95 total)

accounts-with-accounts-type-group

accounts · AA

2025-12-19

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-09-09

accounts-with-accounts-type-group

accounts · AA

2024-12-20

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-09-05

accounts-with-accounts-type-group

accounts · AA

2024-01-03

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-09-12

mortgage-create-with-deed-with-charge-number-charge-creation-date

mortgage · MR01

2023-02-07

accounts-with-accounts-type-group

accounts · AA

2022-09-22

confirmation-statement-with-no-updates

confirmation-statement · CS01

2022-09-12

change-person-director-company-with-change-date

officers · CH01

2022-01-10

accounts-with-accounts-type-group

accounts · AA

2021-11-29

confirmation-statement-with-no-updates

confirmation-statement · CS01

2021-08-30

appoint-person-director-company-with-name-date

officers · AP01

2021-04-23

appoint-person-secretary-company-with-name-date

officers · AP03

2021-04-21

termination-secretary-company-with-name-termination-date

officers · TM02

2021-04-21