ASHBROOK HOME (NI) LIMITED

🌳Matureactive
NI044407 · ltd · incorporated 2002-10-15
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£1.97M
book net assets
Opportunity
83/100
Exceptional
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What this business does
Primary activity: Residential nursing care activities
Sector: Human health & social work
Investor take
Pursue
Active trading company with a 85-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 57/100. Strong seller-intent signal (63/100, director aged 85). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (73/100).

🏦

Refinance opportunity

5 live charges · 3 lenders · oldest 23.0y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 23.0 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: high (81/100)

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
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
6 officers (4 active, 6 linked, 5 with DOB)
87
Ownership & PSC
3 active PSC(s) of 4 total, 4 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
97 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
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
85
Strong succession / seller-readiness signals.
Risk profile
85
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 £1,972,284

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£2.0m
↑ 8.3% YoY
Current Assets
£1.4m
↑ 4.2% YoY
Current Liabilities
—
£0£394k£789k£1.2m£1.6m£2.0mDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Total assets£2.93M£2.87M
Current assets£1.41M£1.36M
Debtors£1.21M£1.20M
Net assets£1.97M£1.82M

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

🔒Filing-note intelligence

2 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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
  1. 2025-09-05
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2024-08-28
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2024-01-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2024-01-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2024-01-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2024-01-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2024-01-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2023-06-29
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  9. 2022-09-02
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  10. 2021-07-21
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  11. 2021-05-11
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2020-09-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2020-09-01
    📄
    capital-name-of-class-of-shares
    capital · SH08
  14. 2020-09-01
    📄
    capital-variation-of-rights-attached-to-shares
    capital · SH10
  15. 2020-09-01
    📄
    resolution
    resolution · RESOLUTIONS
  16. 2020-09-01
    📄
    memorandum-articles
    incorporation · MA
  17. 2019-11-08
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  18. 2019-11-08
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  19. 2019-11-08
    🔒
    Charge registered #5
    Lender: The Governor and Company of the Bank of Ireland
  20. 2019-11-08
    🔒
    Charge registered #4
    Lender: The Governor and Company of the Bank of Ireland
  21. 2019-03-09
    ➖
    MULGREW, John resigned
    secretary
  22. 2019-03-09
    ➖
    MULGREW, John resigned
    director
  23. 2011-09-06
    🔒
    Charge registered #3
    Lender: Northern Bank Limited
  24. 2011-06-13
    🔒
    Charge registered #2
    Lender: Northern Bank Limited
  25. 2011-04-15
    🔓
    Charge satisfied #1
  26. 2011-02-07
    ➕
    MULGREW, Deirdre appointed
    director
  27. 2006-06-07
    ➕
    MULGREW, Marcus James appointed
    director
  28. 2005-06-07
    ➕
    MULGREW, Seamus Anthony appointed
    director
  29. 2003-04-23
    🔒
    Charge registered #1
    Lender: Aib Group (UK) PLC
  30. 2002-10-15
    🏢
    Company incorporated
    As ASHBROOK HOME (NI) LIMITED
  31. 2002-10-15
    ➕
    MULGREW, Kathleen appointed
    director
  32. 2002-10-15
    ➕
    MULGREW, John appointed
    secretary
  33. 2002-10-15
    ➕
    MULGREW, John appointed
    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

90/100
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.
  • 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.)

Shareholders & ownership

3 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Seamus Anthony Mulgrew
Individual · British · DOB 08/1975 · age 51
25–50%
25–50%25-50% shares · 25-50% voting20/09/2016
Mr Marcus James Mulgrew
Individual · British · DOB 02/1974 · age 52
25–50%
25–50%25-50% shares · 25-50% voting20/09/2016
Ms Deirdre Mulgrew
Individual · British · DOB 03/1970 · age 56
25–50%
25–50%25-50% shares · 25-50% voting20/09/2016
1 historic (ceased) PSC
  • Mr John Mulgrewceased 09/03/2019· significant influence

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
Incorporated2002-10-15
Jurisdictionnorthern-ireland
Primary SIC87100 — Residential nursing care activities

Registered office

51 Hill Street
Belfast
BT1 2LB
Northern Ireland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-10-29
Last: 2025-10-15

Officers (4 active · 2 resigned)

MULGREW, Deirdre→
director · ~56y · appointed 2011-02-07
View their other companies + combined net worth →
Active
MULGREW, Kathleen→
director · ~85y · appointed 2002-10-15
View their other companies + combined net worth →
Active
MULGREW, Marcus James→
director · ~52y · appointed 2006-06-07
View their other companies + combined net worth →
Active
MULGREW, Seamus Anthony→
director · ~51y · appointed 2005-06-07
View their other companies + combined net worth →
Active
MULGREW, John→
secretary · appointed 2002-10-15 · resigned 2019-03-09
Resigned
MULGREW, John→
director · ~88y · appointed 2002-10-15 · resigned 2019-03-09
Resigned

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

Mortgages & charges

5
Total charges
4
Outstanding
2
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
outstanding
The Governor and Company of the Bank of Ireland
A registered charge2 properties08/11/2019—
outstanding
The Governor and Company of the Bank of Ireland
A registered charge—08/11/2019—
outstanding
Northern Bank
Northern Bank Limited
Mortgage1 property06/09/2011—
outstanding
Northern Bank
Northern Bank Limited
Floating charge1 property13/06/2011—
satisfied
Aib Group (UK) / Belfast
Aib Group (UK) PLC / Belfast
Mortgage or charge1 property23/04/200315/04/2011
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (97 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-21
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-09-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-15
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-08-28
change-person-director-company-with-change-date
officers · CH01
2024-01-16
change-person-director-company-with-change-date
officers · CH01
2024-01-16
change-person-director-company-with-change-date
officers · CH01
2024-01-16
change-person-director-company-with-change-date
officers · CH01
2024-01-16
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-01-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-26
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-06-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-20
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-09-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-18
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-07-21