BALLYMONEY HILL ESTATES LTD

🌳Matureactive
NI049964 · ltd · incorporated 2004-03-09
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 21.6y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Aug 2025
Net worth
£776.0k
book net assets
Opportunity
83/100
Exceptional
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
Pursue
Property-backed borrower with a 70-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 65/100. Strong seller-intent signal (63/100, director aged 70). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 4 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

4 live charges · 2 lenders · oldest 21.6y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 21.6 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: high (83/100)

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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
7 officers (6 active, 7 linked, 5 with DOB)
84
Ownership & PSC
5 active PSC(s) of 5 total, 5 with control declared
90
Director network
20 connected companies via shared directors
90
Filing history
74 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
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 · accounting standard not declared
Positive net assets
Net assets £776,023
Cash YoY
+616%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£31k
↑ 616% YoY
Net Worth
£776k
↑ 5.2% YoY
Current Assets
£820k
↑ 5.3% YoY
Current Liabilities
—
£0£164k£328k£492k£656k£820kAug 2024Aug 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-08-312024-08-31
Total assets£776.0k£737.4k
Current assets£819.6k£778.5k
Cash£31.0k£4.3k
Debtors£688.5k£674.1k
Net assets£776.0k£737.4k

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
1
filing
  • • 1 accounts
Last 180 days
2
filings
  • • 1 accounts
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2026-03-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-03-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-02-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-01-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-03-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-05-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2020-05-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2019-05-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2018-05-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2017-05-31
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  11. 2016-06-14
    📄
    accounts-amended-with-accounts-type-total-exemption-small
    accounts · AAMD
  12. 2016-05-27
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2016-04-11
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2015-05-19
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2015-04-20
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2010-03-25
    ➖
    MCULLOUGH, Denis resigned
    secretary
  17. 2006-02-02
    🔒
    Charge registered #4
    Lender: Northern Bank Limited
  18. 2004-11-16
    ➕
    MCCULLOUGH, Denis appointed
    director
  19. 2004-11-16
    ➕
    MCULLOUGH, Denis appointed
    secretary
  20. 2004-10-30
    🔒
    Charge registered #3
    Lender: Northern Bank Limited
  21. 2004-10-22
    🔒
    Charge registered #2
    Lender: Northern Bank LTD
  22. 2004-10-22
    🔒
    Charge registered #1
    Lender: Northern Bank LTD
  23. 2004-03-09
    🏢
    Company incorporated
    As BALLYMONEY HILL ESTATES LTD
  24. 2004-03-09
    ➕
    MCCULLOUGH, Denis Malcolm appointed
    secretary
  25. 2004-03-09
    ➕
    ADAIR, Melvin Robert appointed
    director
  26. 2004-03-09
    ➕
    ADAIR, Nigel Benjamin appointed
    director
  27. 2004-03-09
    ➕
    NELSON, Clive appointed
    director
  28. 2004-02-16
    ➕
    MAHON, David Albert 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
  • -5 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 70 — 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 70 years old. Natural succession window is now.
  • 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

5 active beneficial owners · fragmented
NameSharesVoting rightsNature of controlNotified
Mr Melvyn Robert Adair
Individual · British · DOB 03/1963 · age 63
——sig. influencesignificant influence09/03/2017
Mr Nigel Benjamin Adair
Individual · British · DOB 08/1970 · age 56
——sig. influencesignificant influence09/03/2017
Mr David Albert Mahon
Individual · Irish · DOB 03/1956 · age 70
——sig. influencesignificant influence09/03/2017
Mr Denis Mccullough
Individual · British · DOB 09/1967 · age 59
——sig. influencesignificant influence09/03/2017
Mr Clive Nelson
Individual · British · DOB 08/1975 · age 51
——sig. influencesignificant influence09/03/2017

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 · Property · BT postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
BALLINAMALLARD ENTERPRISE COMPANY LIMITED→
NI034886 · est 1998
£236.5k
£201.0k–£271.9k
—£236.5k—27y8386y
ANTRIM COUNTY INVESTMENT MANAGERS LIMITED→
NI020714 · est 1987
£141.8k
£120.5k–£163.0k
—£141.8k—38y8378y
JECK LTD→
NI616037 · est 2012
—£11.66M—270013y8459y
CFR 75 LIMITED→
NI623827 · est 2014
—£791.1k—012y8459y
MCCARTHY PRIME PROPERTIES LTD→
NI052166 · est 2004
—£10.9k—021y8880y
HILLVIEW LODGE LIMITED→
NI025138 · est 1990
———18735y8776y
STRATHDEN LIMITED→
NI626346 · est 2014
———20011y8562y
ADREM INVESTMENTS LIMITED→
NI031681 · est 1996
———029y8377y
ARDFOYLE TRUST→
NI016968 · est 1983
———70042y8387y
ARDILAUN LTD→
NI057602 · est 2005
———40020y8376y
ASHTREE INVESTMENTS LIMITED→
NI026837 · est 1992
———30033y8363y
BALLYKEEL BUSINESS DEVELOPMENT LTD→
NI033029 · est 1997 · no financials extracted
————28y8384y
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
Incorporated2004-03-09
Jurisdictionnorthern-ireland
Primary SIC68100 — Buying and selling of own real estate

Registered office

32 Garvaghy Road
Banbridge
County Down
BT32 3SZ

Filing status

Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2027-02-04
Last: 2026-01-21

Officers (6 active · 1 resigned)

MCCULLOUGH, Denis Malcolm→
secretary · appointed 2004-03-09
View their other companies + combined net worth →
Active
ADAIR, Melvin Robert→
director · ~63y · appointed 2004-03-09
View their other companies + combined net worth →
Active
ADAIR, Nigel Benjamin→
director · ~56y · appointed 2004-03-09
View their other companies + combined net worth →
Active
MAHON, David Albert→
director · ~70y · appointed 2004-02-16
View their other companies + combined net worth →
Active
MCCULLOUGH, Denis→
director · ~59y · appointed 2004-11-16
View their other companies + combined net worth →
Active
NELSON, Clive→
director · ~51y · appointed 2004-03-09
View their other companies + combined net worth →
Active
MCULLOUGH, Denis→
secretary · appointed 2004-11-16 · resigned 2010-03-25
Resigned

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

Mortgages & charges

4
Total charges
4
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
Northern Bank
Northern Bank Limited
Mortgage or charge1 property02/02/2006—
outstanding
Northern Bank
Northern Bank Limited
Mortgage or charge1 property30/10/2004—
outstanding
Northern Bank
Northern Bank LTD
Mortgage or charge1 property22/10/2004—
outstanding
Northern Bank
Northern Bank LTD
Mortgage or charge1 property22/10/2004—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (74 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-11
confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-05
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-05
confirmation-statement-with-updates
confirmation-statement · CS01
2024-03-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-09
confirmation-statement-with-updates
confirmation-statement · CS01
2023-03-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-18
confirmation-statement-with-updates
confirmation-statement · CS01
2022-03-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-31
confirmation-statement-with-updates
confirmation-statement · CS01
2021-04-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-05-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-04-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-05-30