SHIMNA MILE LIMITED

💤Zombieactive

NI042229 · ltd · incorporated 2001-12-31

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 Dec 2025

Net worth

—

book net assets

Opportunity

78/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Residents property management

Sector: Activities of households

Investor take

Pursue

Asset-holding vehicle with a 81-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 81). 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 (73/100).

Data confidence

Overall: medium (69/100)

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

Lenders & charges

Confirmed no charges registered

Directors & officers

11 officers (2 active, 11 linked, 8 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

Network not yet resolved

Filing history

85 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

78/100Strong

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

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-12-31	2024-12-31

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

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

• 1 accounts
• 1 confirmation-statement
• 1 officers

Counts from Companies House filing history.

Corporate timeline (36 events)Click to expand

2026-01-16
📄
accounts-with-accounts-type-dormant
accounts · AA
2026-01-08
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-12-30
➖
MULHOLLAND, Robert resigned
director
2025-01-03
📄
accounts-with-accounts-type-dormant
accounts · AA
2024-02-13
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-02-13
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-02-13
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-02-12
➕
GARRETT, David William appointed
director
2024-02-12
➖
CHICK, David Winston resigned
director
2024-02-12
➖
DAVIS, Robert James resigned
director
2024-02-08
➕
MULHOLLAND, Robert appointed
director
2024-02-08
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-01-04
📄
accounts-with-accounts-type-dormant
accounts · AA
2023-01-05
📄
accounts-with-accounts-type-dormant
accounts · AA
2022-01-06
📄
accounts-with-accounts-type-dormant
accounts · AA
2021-05-21
📄
accounts-with-accounts-type-dormant
accounts · AA
2020-01-15
📄
accounts-with-accounts-type-dormant
accounts · AA
2019-01-14
📄
accounts-with-accounts-type-dormant
accounts · AA
2018-01-04
📄
accounts-with-accounts-type-dormant
accounts · AA
2017-01-19
📄
accounts-with-accounts-type-dormant
accounts · AA
2015-12-10
➕
FLAT MANAGEMENT SERVICES LIMITED appointed
corporate-secretary
2015-12-10
➖
BOYD, Colin Hugh resigned
secretary
2007-11-01
➕
CHICK, David Winston appointed
director
2007-11-01
➖
O'NEILL, Garry John resigned
director
2007-10-25
➕
DAVIS, Robert James appointed
director
2007-10-25
➖
MCGINNIS, Patrick Thaddeus resigned
director
2007-10-25
➖
MCGINNIS, Patrick Michael resigned
director
2005-08-11
➕
BOYD, Colin Hugh appointed
secretary
2005-08-11
➖
MCGINNIS, Patrick Thaddeus resigned
secretary
2004-01-31
➕
O'NEILL, Garry John appointed
director
2003-11-24
➖
FULTON, Glenn Colin resigned
director
2002-11-11
➕
MCGINNIS, Patrick Thaddeus appointed
director
2001-12-31
🏢
Company incorporated
As SHIMNA MILE LIMITED
2001-12-31
➕
MCGINNIS, Patrick Thaddeus appointed
secretary
2001-12-31
➕
FULTON, Glenn Colin appointed
director
2001-12-31
➕
MCGINNIS, Patrick Michael appointed
director

Owner dependency

90/100

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.
+Founder age: Director aged approximately 81 — succession pressure is live.

Succession & seller-readiness

75/100

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 81 years old. Natural succession window is now.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

clean

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

Similar companies

Active · Holding company · BT postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
DRUMKEEN LIMITED→ NI059321 · est 2006	£3.30M £2.81M–£3.80M	—	£3.30M	—	20y	83	85y
MARKETHILL DISTRICT ENTERPRISES LTD→ NI029898 · est 1995	£116.1k £98.7k–£133.5k	—	£116.1k	—	30y	83	84y
DUNLUCE PLC→ NI026328 · est 1992	—	£16.7k	—	200	34y	87	87y
CARNCULLOUGH MANAGEMENT COMPANY LIMITED→ NI062378 · est 2006	—	£5.3k	—	100	19y	88	75y
BES PPP LIMITED→ NI628267 · est 2014	—	—	—	0	11y	84	64y
BALLYNAGARD PROPERTIES LIMITED→ NI019977 · est 1986	—	—	—	0	39y	83	88y
BELFAST SOUTH COMMUNITY RESOURCES→ NI053950 · est 2005 · no financials extracted	—	—	—	—	21y	83	68y
CASHEL DEVELOPMENTS LIMITED→ NI035082 · est 1998 · no financials extracted	—	—	—	—	27y	83	71y
DENROY GROUP LIMITED→ NI009327 · est 1973 · no financials extracted	—	—	—	—	53y	83	77y
DONIBRISTLE TRUST→ NI038400 · est 2000	—	—	—	0	26y	83	70y
FOYLE WOMEN'S AID→ NI023041 · est 1989 · no financials extracted	—	—	—	—	36y	83	69y
LAGAN GROUP (MGT) LIMITED→ NI604043 · est 2010	—	—	—	300	15y	83	60y

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

8 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

Incorporated2001-12-31

Jurisdictionnorthern-ireland

Primary SIC98000 — Residents property management

Registered office

1st Floor Studio 2

150 Holywood Road

Belfast

BT4 1NY

Filing status

Accounts

Next due: 2027-09-30

Last made up to: 2025-12-31

Confirmation statement

Next due: 2027-01-14

Last: 2025-12-31

Officers (2 active · 9 resigned)

FLAT MANAGEMENT SERVICES LIMITED→

corporate-secretary · appointed 2015-12-10

View their other companies + combined net worth →

Active

GARRETT, David William→

director · ~81y · appointed 2024-02-12

View their other companies + combined net worth →

Active

BOYD, Colin Hugh→

secretary · appointed 2005-08-11 · resigned 2015-12-10

Resigned

MCGINNIS, Patrick Thaddeus→

secretary · appointed 2001-12-31 · resigned 2005-08-11

Resigned

CHICK, David Winston→

director · ~85y · appointed 2007-11-01 · resigned 2024-02-12

Resigned

DAVIS, Robert James→

director · ~78y · appointed 2007-10-25 · resigned 2024-02-12

Resigned

FULTON, Glenn Colin→

director · ~61y · appointed 2001-12-31 · resigned 2003-11-24

Resigned

MCGINNIS, Patrick Thaddeus→

director · ~81y · appointed 2002-11-11 · resigned 2007-10-25

Resigned

MCGINNIS, Patrick Michael→

director · ~53y · appointed 2001-12-31 · resigned 2007-10-25

Resigned

MULHOLLAND, Robert→

director · ~72y · appointed 2024-02-08 · resigned 2025-12-30

Resigned

O'NEILL, Garry John→

director · ~57y · appointed 2004-01-31 · resigned 2007-11-01

Resigned

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

Recent filings (85 total)

accounts-with-accounts-type-dormant

accounts · AA

2026-01-16

confirmation-statement-with-updates

confirmation-statement · CS01

2026-01-16

termination-director-company-with-name-termination-date

officers · TM01

2026-01-08

accounts-with-accounts-type-dormant

accounts · AA

2025-01-03

confirmation-statement-with-updates

confirmation-statement · CS01

2025-01-03

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

officers · AP01

2024-02-13

termination-director-company-with-name-termination-date

officers · TM01

2024-02-13

termination-director-company-with-name-termination-date

officers · TM01

2024-02-13

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

officers · AP01

2024-02-08

accounts-with-accounts-type-dormant

accounts · AA

2024-01-04

confirmation-statement-with-updates

confirmation-statement · CS01

2024-01-04

accounts-with-accounts-type-dormant

accounts · AA

2023-01-05

confirmation-statement-with-updates

confirmation-statement · CS01

2023-01-05

accounts-with-accounts-type-dormant

accounts · AA

2022-01-06

confirmation-statement-with-no-updates

confirmation-statement · CS01

2022-01-06