NORTHERN AUTOFARM LTD-THE
💤Zombieactive
NI043801 · ltd · incorporated 2002-08-06
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 Aug 2025
Net worth
—
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: SIC 07290
Sector: Mining & quarrying
Investor take
PursueActive trading company with a 67-year-old founder — textbook succession opportunity.
Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 67). 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 (76/100)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
3 officers (2 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
56 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
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 | 2025-08-31 | 2024-08-31 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
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 (20 events)Click to expand
- 2026-05-16📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-05-27📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-05-23📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-05-15📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-05-22📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-05-23📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-05-25📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-02-03📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-05-21📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-05-22📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-05-27📄accounts-with-accounts-type-dormantaccounts · AA
- 2016-05-23📄accounts-with-accounts-type-dormantaccounts · AA
- 2015-09-01📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-05-23📄accounts-with-accounts-type-dormantaccounts · AA
- 2014-08-30📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2006-08-15➕MCGOLDRICK, Sheila appointedsecretary
- 2002-08-06🏢Company incorporatedAs NORTHERN AUTOFARM LTD-THE
- 2002-08-06➕MCGOLDRICK, David appointeddirector
- 2002-08-06➕PALMER, Robert Desmond appointeddirector
- 2002-08-06➖PALMER, Robert Desmond resigneddirector
Owner dependency
100/100
Critical — business is the founderThe 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 24 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 67 — succession pressure is live.
Succession & seller-readiness
95/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- 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.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr David Mcgoldrick Individual · English · DOB 08/1959 · age 67 | — | — | sig. influencesignificant influence · firm interest | 06/08/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Manufacturing · BT postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| JAMES F MCCUE LIMITED→ NI005090 · est 1961 | £11.70M £9.10M–£14.30M | £44.45M | — | 13200 | 64y | 88 | 65y |
| MOYOLA PRECISION ENGINEERING LIMITED→ NI011104 · est 1976 | £9.10M £7.08M–£11.12M | £25.33M | — | 14500 | 50y | 93 | 61y |
| GRAY & ADAMS (IRELAND) LIMITED→ NI015858 · est 1982 | £8.63M £6.71M–£10.54M | — | — | 69 | 43y | 87 | 71y |
| CROSSLAND TANKERS LIMITED→ NI018916 · est 1985 | £7.56M £5.88M–£9.24M | £23.91M | — | 13200 | 40y | 87 | 67y |
| HERON MANUFACTURE LIMITED→ NI031984 · est 1997 | £6.47M £5.03M–£7.90M | £23.44M | — | 0 | 29y | 94 | 62y |
| RAPID INTERNATIONAL LIMITED→ NI013822 · est 1979 | £5.69M £4.43M–£6.96M | — | — | 6200 | 46y | 88 | 80y |
| CENTRAL CHEMICAL SUPPLIES LIMITED→ NI032489 · est 1997 | £4.79M £3.72M–£5.85M | £16.98M | — | 3500 | 28y | 88 | 78y |
| SCOTTS ELECTRICAL SERVICES LIMITED→ NI065926 · est 2007 | £3.92M £3.05M–£4.80M | — | — | 69 | 18y | 88 | 66y |
| ABBEY UPHOLSTERERS LIMITED→ NI010849 · est 1975 | £3.64M £2.83M–£4.45M | £12.22M | — | 11400 | 50y | 88 | 82y |
| HEYN ENGINEERING (NI) LIMITED→ NI038423 · est 2000 | £2.57M £2.00M–£3.14M | — | — | 64 | 26y | 87 | 70y |
| CANYON EUROPE LIMITED→ NI019880 · est 1986 | £1.50M £1.17M–£1.84M | £9.36M | — | 7600 | 39y | 100 | 70y |
| FREDERICK JONES (BELFAST),LIMITED→ NI001753 · est 1944 | — | — | — | 4100 | 82y | 87 | 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
Incorporated2002-08-06
Jurisdictionnorthern-ireland
Primary SIC07290 — SIC 07290
Registered office
24,Muskett Gardens,Carryduff,Belfast County Antrim Muskett Gardens
Carryduff
Belfast
BT8 8QW
Northern Ireland
Filing status
Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2026-08-20
Last: 2025-08-06
Officers (2 active · 1 resigned)
MCGOLDRICK, Sheila→
Activesecretary · appointed 2006-08-15
View their other companies + combined net worth →
MCGOLDRICK, David→
Activedirector · ~67y · appointed 2002-08-06
View their other companies + combined net worth →
PALMER, Robert Desmond→
Resigneddirector · ~85y · appointed 2002-08-06 · resigned 2002-08-06
Click a director name to see their full track record across all companies.
Recent filings (56 total)
accounts-with-accounts-type-dormant
accounts · AA
2026-05-16
confirmation-statement-with-updates
confirmation-statement · CS01
2025-08-15
accounts-with-accounts-type-dormant
accounts · AA
2025-05-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-12
accounts-with-accounts-type-dormant
accounts · AA
2024-05-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-17
accounts-with-accounts-type-dormant
accounts · AA
2023-05-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-18
accounts-with-accounts-type-dormant
accounts · AA
2022-05-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-16
accounts-with-accounts-type-dormant
accounts · AA
2021-05-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-08-19
accounts-with-accounts-type-dormant
accounts · AA
2020-05-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-02-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-08-17