PMD CONTRACTS LIMITED

🌳Matureactive
NI042428 · ltd · incorporated 2002-02-07
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 21.7y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
74/100
Strong
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What this business does
Primary activity: Construction of commercial buildings
Sector: Construction
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 74/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (65/100).

🏦

Refinance opportunity

1 live charge · oldest 21.7y

65/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 21.7 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
8 officers (5 active, 8 linked, 7 with DOB)
88
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
69 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
67
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£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees5001100

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
0
filings
Last 90 days
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2026-03-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-12-19
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2023-12-21
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  4. 2022-07-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-02-28
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  6. 2021-03-18
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  7. 2019-11-19
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  8. 2019-03-14
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  9. 2018-12-21
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  10. 2017-12-21
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  11. 2017-11-01
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2017-11-01
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2017-10-16
    ➕
    QUINN, Nuala appointed
    director
  14. 2017-10-16
    ➖
    MCDAID, Francis resigned
    director
  15. 2017-05-22
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2017-05-22
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2017-03-16
    ➖
    MCDAID, Deirig resigned
    director
  18. 2017-03-16
    ➕
    MCDAID, Francis appointed
    director
  19. 2016-12-20
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  20. 2016-02-18
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  21. 2008-04-01
    ➕
    MCDAID, Deirig appointed
    director
  22. 2004-08-26
    🔒
    Charge registered #1
    Lender: Ulster Bank Limited
  23. 2003-06-20
    ➕
    MCDAID, Cathal appointed
    director
  24. 2002-03-20
    ➕
    MCDAID, Patricia Margaret appointed
    director
  25. 2002-02-09
    ➕
    PALMER, Robert Desmond appointed
    director
  26. 2002-02-07
    🏢
    Company incorporated
    As PMD CONTRACTS LIMITED
  27. 2002-02-07
    ➕
    MCDAID, Patricia Margaret appointed
    secretary
  28. 2002-02-07
    ➕
    MCDAID, Patrick J appointed
    director
  29. 2002-02-07
    ➖
    PALMER, Robert Desmond resigned
    director

Owner dependency

73/100
High — earn-out structure required

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

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 85 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

85/100
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 85 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 24 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high ·
Confirmation statement overdue
high

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

Evidence: Next due: 2026-02-21

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Patricia Margaret Mcdaid
Individual · Irish · DOB 10/1941 · age 85
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
Mr Patrick J Mcdaid
Individual · Irish · DOB 01/1944 · age 82
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016

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 →

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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
Incorporated2002-02-07
Jurisdictionnorthern-ireland
Primary SIC41201 — Construction of commercial buildings

Registered office

82 Moneyneena Road
Draperstown
Magherafelt
Co Derry
BT45 7EP

Filing status

Accounts
Next due: 2026-12-30
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-02-21OVERDUE
Last: 2025-02-07

Officers (5 active · 3 resigned)

MCDAID, Patricia Margaret→
secretary · appointed 2002-02-07
View their other companies + combined net worth →
Active
MCDAID, Cathal→
director · ~51y · appointed 2003-06-20
View their other companies + combined net worth →
Active
MCDAID, Patricia Margaret→
director · ~85y · appointed 2002-03-20
View their other companies + combined net worth →
Active
MCDAID, Patrick J→
director · ~82y · appointed 2002-02-07
View their other companies + combined net worth →
Active
QUINN, Nuala→
director · ~46y · appointed 2017-10-16
View their other companies + combined net worth →
Active
MCDAID, Deirig→
director · ~41y · appointed 2008-04-01 · resigned 2017-03-16
Resigned
MCDAID, Francis→
director · ~45y · appointed 2017-03-16 · resigned 2017-10-16
Resigned
PALMER, Robert Desmond→
director · ~85y · appointed 2002-02-09 · resigned 2002-02-07
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
NatWest Group
Ulster Bank Limited
Mortgage or charge1 property26/08/2004—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (69 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-13
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-22
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-13
accounts-with-accounts-type-micro-entity
accounts · AA
2022-07-25
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-17
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-03-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-02-17
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2019-11-19
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2019-03-14
confirmation-statement-with-updates
confirmation-statement · CS01
2019-02-21