IAN NEWELL BOAT BUILDING & REPAIR LIMITED
🌳Matureactive
NI049149 · ltd · incorporated 2003-12-30
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
—
not disclosed
Net worth
—
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: SIC 33150
Sector: Manufacturing
Investor take
PursueActive trading company with a 69-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 69). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
3 live charges · oldest 1.6y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Newest facility, 1.6 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (57/100)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
No iXBRL financials extracted
0
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
5 officers (3 active, 5 linked, 4 with DOB)
86
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
61 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
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
100
Good data coverage for analysis.
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 (28 events)Click to expand
- 2025-12-24📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-12-19📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-10-10📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-10-10📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-10-10📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-10-10📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-10-10📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-10-10📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-10-02📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-10-02📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-10-02📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-10-01➕HANNA, Karl appointeddirector
- 2024-10-01➕SPEERS, Reuben appointeddirector
- 2024-10-01➖NEWELL, Wendy Anne resignedsecretary
- 2024-10-01➖NEWELL, Wendy Anne resigneddirector
- 2024-10-01🔒Charge registered #3Lender: Northern Bank Limited
- 2024-10-01🔒Charge registered #2Lender: Northern Bank Limited
- 2024-10-01🔒Charge registered #1Lender: Northern Bank Limited
- 2023-12-07📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-11-24📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-12-21📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-12-17📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-12-17📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-12-21📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2003-12-30🏢Company incorporatedAs IAN NEWELL BOAT BUILDING & REPAIR LIMITED
- 2003-12-30➕NEWELL, Ian appointeddirector
- 2003-12-30➕NEWELL, Wendy Anne appointedsecretary
- 2003-12-30➕NEWELL, Wendy Anne appointeddirector
Owner dependency
90/100
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
- +Founder name in company name: Company name contains director surname "NEWELL" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 69 — succession pressure is live.
Succession & seller-readiness
70/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
- primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
- 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.)
Group structure
Ian Newell Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Ian Newell Holdings Limited
Corporate parent · holds 75-100% shares
⬇
IAN NEWELL BOAT BUILDING & REPAIR LIMITED
This company · NI049149
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Ian Newell Holdings Limited Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 01/10/2024 |
1 historic (ceased) PSC
- Mr Ian Newellceased 01/10/2024· 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 →Similar companies
Active · Manufacturing · BT postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| GORTREAGH PRINTING LIMITED→ NI651951 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| GRAFIQUE LIMITED→ NI720303 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| HUTCHINSON GROUP HOLDINGS (NI) LTD→ NI624624 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| HYDROGEN GREEN POWER LTD→ NI647471 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| IMRIE ENGINEERING LTD→ NI046464 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| INNOVATION TECHNOLOGIES (IRELAND) LTD→ NI033526 · est 1998 · no financials extracted | — | — | — | — | 28y | — | — |
| INNOVATIVE CONTAINER SOLUTIONS LTD→ NI725346 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| INSPIRE FLAVOURS LTD→ NI641649 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| INTEGRASPEC TRADING LIMITED→ NI603503 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| INTEGRATED TIMBER SOLUTIONS LIMITED→ NI057896 · est 2006 · no financials extracted | — | — | — | — | 20y | — | — |
| IRISH ROAD MOTORS LIMITED→ R0000336 · est 1920 · no financials extracted | — | — | — | — | 105y | — | — |
| IRISH SALT MINING AND EXPLORATION COMPANY LIMITED-THE→ NI006389 · est 1965 · no financials extracted | — | — | — | — | 60y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated2003-12-30
Jurisdictionnorthern-ireland
Primary SIC33150 — SIC 33150
Registered office
River House, Home Avenue
Newry
Co Down
BT34 2DL
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-01-13
Last: 2025-12-30
Officers (3 active · 2 resigned)
Active
Active
SPEERS, Reuben→
Activedirector · ~43y · appointed 2024-10-01
View their other companies + combined net worth →
NEWELL, Wendy Anne→
Resignedsecretary · appointed 2003-12-30 · resigned 2024-10-01
NEWELL, Wendy Anne→
Resigneddirector · ~64y · appointed 2003-12-30 · resigned 2024-10-01
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
3
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Northern Bank Northern Bank Limited | A registered charge | — | 01/10/2024 | — | |
| outstanding | Northern Bank Northern Bank Limited | A registered charge | 2 properties | 01/10/2024 | — | |
| outstanding | Northern Bank Northern Bank Limited | A registered charge | 2 properties | 01/10/2024 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (61 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-26
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-12-24
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-06
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-12-19
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-10-10
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-10-10
appoint-person-director-company-with-name-date
officers · AP01
2024-10-10
appoint-person-director-company-with-name-date
officers · AP01
2024-10-10
termination-director-company-with-name-termination-date
officers · TM01
2024-10-10
termination-secretary-company-with-name-termination-date
officers · TM02
2024-10-10
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-10-02
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-10-02
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-10-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-12
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-12-07