O'PREY DEVELOPMENTS LIMITED

🌳Matureactive
NI047584 · ltd · incorporated 2003-08-19
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£1.60M
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: Construction of commercial buildings
Sector: Construction
ALSO REGISTERED FOR
  • 41202Construction of domestic buildings
Investor take
Pursue
Active trading company with a 68-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 67/100. Strong seller-intent signal (93/100, director aged 68). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

5 live charges · 4 lenders · oldest 22.6y

35/100
too messy

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

  • · Oldest live charge is 22.6 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (79/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 2 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
4 officers (3 active, 4 linked, 2 with DOB)
80
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
74 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
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 £1,599,798
Cash YoY
-2%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£393k
↓ 1.6% YoY
Net Worth
£1.6m
↑ 10% YoY
Current Assets
£2.8m
↑ 35% YoY
Current Liabilities
—
£0£566k£1.1m£1.7m£2.3m£2.8mMar 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
Total assets£1.60M£1.45M
Current assets£2.83M£2.10M
Cash£393.3k£399.6k
Debtors£241.0k£188.3k
Net assets£1.60M£1.45M

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

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2025-12-17
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2024-12-26
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2023-08-06
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  4. 2023-07-11
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2022-12-29
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  6. 2022-09-07
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2022-09-07
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2021-10-19
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  9. 2020-12-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  10. 2020-01-02
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  11. 2019-09-13
    📍
    change-sail-address-company-with-old-address-new-address
    address · AD02
  12. 2019-03-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2018-09-14
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  14. 2017-09-21
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  15. 2016-07-07
    🔓
    Charge satisfied #4
  16. 2016-06-16
    🔒
    Charge registered #5
    Lender: The Governor and Company of the Bank of Ireland as Security Trustee Having Its Registered Office at 40 Mespil Road, Dublin 4, Ireland and Having It’S Principal Place of Business in Northern Ireland at 1 Donegall Square South, Belfast, BT1 5LR
  17. 2016-03-14
    🔓
    Charge satisfied #3
  18. 2016-03-09
    🔓
    Charge satisfied #1
  19. 2015-06-26
    🔓
    Charge satisfied #2
  20. 2006-12-20
    🔒
    Charge registered #4
    Lender: Ulster Bank Limited
  21. 2003-11-03
    🔒
    Charge registered #3
    Lender: Northern Bank LTD
  22. 2003-10-30
    🔒
    Charge registered #2
    Lender: Northern Bank LTD
  23. 2003-10-30
    🔒
    Charge registered #1
    Lender: Northern Bank
  24. 2003-08-19
    🏢
    Company incorporated
    As O'PREY DEVELOPMENTS LIMITED
  25. 2003-08-19
    ➕
    O'PREY, Ann Mary appointed
    secretary
  26. 2003-08-19
    ➕
    O'PREY, Ann Mary appointed
    director
  27. 2003-08-19
    ➕
    O'PREY, James Paul appointed
    director
  28. 2003-08-19
    ➕
    CS DIRECTOR SERVICES LIMITED appointed
    corporate-director
  29. 2003-08-19
    ➖
    CS DIRECTOR SERVICES LIMITED resigned
    corporate-director

Owner dependency

100/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder name in company name: Company name contains director surname "O'PREY" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 68 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

86/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 23 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

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr James Paul O'Prey
Individual · Northern Irish · DOB 11/1958 · age 68
25–50%
—25-50% shares19/08/2016
Mrs Ann Mary O'Prey
Individual · Northern Irish · DOB 07/1960 · age 66
25–50%
—25-50% shares19/08/2016

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

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
Incorporated2003-08-19
Jurisdictionnorthern-ireland
Primary SIC41201 — Construction of commercial buildings

Registered office

43d Rubane Road Rubane Road
Kircubbin
Newtownards
BT22 1AT
Northern Ireland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-05
Last: 2026-02-19

Officers (3 active · 1 resigned)

O'PREY, Ann Mary→
secretary · appointed 2003-08-19
View their other companies + combined net worth →
Active
O'PREY, Ann Mary→
director · ~66y · appointed 2003-08-19
View their other companies + combined net worth →
Active
O'PREY, James Paul→
director · ~68y · appointed 2003-08-19
View their other companies + combined net worth →
Active
CS DIRECTOR SERVICES LIMITED→
corporate-director · appointed 2003-08-19 · resigned 2003-08-19
Resigned

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

Mortgages & charges

5
Total charges
1
Outstanding
1
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
outstanding
The Governor and Company of the Bank of Ireland as Security Trustee Having Its Registered Office at 40 Mespil Road, Dublin 4, Ireland and Having It’S Principal Place of Business in Northern Ireland at 1 Donegall Square South, Belfast, BT1 5LR
A registered charge—16/06/2016—
satisfied
NatWest Group
Ulster Bank Limited
Debenture2 properties20/12/200607/07/2016
satisfied
Northern Bank
Northern Bank LTD
Mortgage or charge1 property03/11/200314/03/2016
satisfied
Northern Bank
Northern Bank LTD
Mortgage or charge1 property30/10/200326/06/2015
satisfied
Northern Bank / Belfast / P.O Box 183
Mortgage or charge1 property30/10/200309/03/2016
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (74 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-20
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-12-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-25
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-12-26
confirmation-statement-with-updates
confirmation-statement · CS01
2024-03-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-26
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-08-06
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-07-11
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-12-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-07
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-09-07
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-09-07
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-10-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-07
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-12-30