RJM (NI) LIMITED

💤Zombieactive
NI049048 · ltd · incorporated 2003-12-16
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 Jun 2025
Net worth
£26.7k
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: Development of building projects
Sector: Construction
ALSO REGISTERED FOR
  • 42990Construction of other civil engineering projects n.e.c.
Investor take
Pursue
Asset-holding vehicle with a 78-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 78). 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 (78/100)

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
Confirmed no charges registered
85
Directors & officers
3 officers (2 active, 3 linked, 1 with DOB)
77
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
57 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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £26,731

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£27k
↑ 18% YoY
Current Assets
£54k
↓ 1.2% YoY
Current Liabilities
—
£0£11k£22k£33k£43k£54kJun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-06-302024-06-30
Total assets£30.2k£26.0k
Current assets£53.6k£54.2k
Net assets£26.7k£22.6k

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
0
filings
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2025-12-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-12-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-01-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-01-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-12-21
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2022-12-21
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  7. 2022-01-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2020-12-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2020-02-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2019-03-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2018-04-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2017-04-06
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2016-04-05
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2015-12-21
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2015-03-31
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2003-12-16
    🏢
    Company incorporated
    As RJM (NI) LIMITED
  17. 2003-12-16
    ➕
    MCDERMOTT, Hilary appointed
    secretary
  18. 2003-12-16
    ➕
    MCDERMOTT, Cavan Richard appointed
    director
  19. 2003-12-16
    ➕
    CS DIRECTOR SERVICES LIMITED appointed
    corporate-director
  20. 2003-12-16
    ➖
    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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 78 — succession pressure is live.

Succession & seller-readiness

100/100
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 78 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 22 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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Hilary Mcdermott
Individual · British · DOB 11/1947 · age 79
25–50%
25–50%25-50% shares · 25-50% voting17/12/2021
Mr Cavan Richard Mcdermott
Individual · British · DOB 08/1948 · age 78
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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P MCVEY BUILDING SYSTEMS LTD→
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——7026y8564y
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
Incorporated2003-12-16
Jurisdictionnorthern-ireland
Primary SIC41100 — Development of building projects

Registered office

10 Upper Croft Road
Holywood
Co Down
BT18 0HJ

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-12-30
Last: 2025-12-16

Officers (2 active · 1 resigned)

MCDERMOTT, Hilary→
secretary · appointed 2003-12-16
View their other companies + combined net worth →
Active
MCDERMOTT, Cavan Richard→
director · ~78y · appointed 2003-12-16
View their other companies + combined net worth →
Active
CS DIRECTOR SERVICES LIMITED→
corporate-director · appointed 2003-12-16 · resigned 2003-12-16
Resigned

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

Recent filings (57 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-06
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-02
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-23
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-19
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-12-21
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-12-21
accounts-with-accounts-type-micro-entity
accounts · AA
2022-01-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-06
confirmation-statement-with-updates
confirmation-statement · CS01
2021-01-11
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-14
accounts-with-accounts-type-micro-entity
accounts · AA
2020-02-21