SMORGS (NORTHERN IRELAND) LIMITED
- · Thesis: well-run, low negotiation leverage
Opportunity 73/100 (strong), bankability 57/100. 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
10 live charges · 6 lenders · oldest 11.8y
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 11.8 years old — likely at or near maturity.
- · 6 lenders named — inter-creditor friction likely.
- · Legal-friction score 45/100 (high).
Data confidence
Overall: medium (60/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Recent activity
- • 1 confirmation-statement
- • 1 confirmation-statement
- • 1 confirmation-statement
- • 1 accounts
Corporate timeline (60 events)Click to expand
- 2025-12-31📄accounts-with-accounts-type-fullaccounts · AA
- 2025-11-12📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-11-29📄accounts-with-accounts-type-fullaccounts · AA
- 2024-06-12📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-06-12📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2024-06-12📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-06-12📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-05-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-05-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-05-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-04-27➕O'MEARA, Enda appointedsecretary
- 2024-04-27➕HENNESSY, David appointeddirector
- 2024-04-27➖CAMPION, Brian resignedsecretary
- 2024-04-27➖CAMPION, Brian resigneddirector
- 2024-04-26🔒Charge registered #10Lender: Cbre Loan Services Limited (As Security Agent)
- 2024-04-26🔒Charge registered #9Lender: Cbre Loan Services Limited (As Security Agent)
- 2024-04-26🔒Charge registered #8Lender: Cbre Loan Services Limited (As Security Agent)
- 2024-03-14📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-03-14📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2023-12-11📄accounts-with-accounts-type-fullaccounts · AA
- 2022-10-20📄accounts-with-accounts-type-fullaccounts · AA
- 2021-10-12📄accounts-with-accounts-type-fullaccounts · AA
- 2021-04-17📄gazette-filings-brought-up-to-dategazette · DISS40
- 2021-04-16📄accounts-with-accounts-type-fullaccounts · AA
- 2021-04-06📄gazette-notice-compulsorygazette · GAZ1
- 2021-03-18📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-03-18🔓Charge satisfied #4
- 2021-03-18🔓Charge satisfied #3
- 2020-01-31➖RYAN, Mark resigneddirector
- 2019-03-23➖LOYNES, Paul resigneddirector
- 2018-11-13🔒Charge registered #7Lender: Cbre Loan Services Limited as Security Trustee for the Common Secured Parties
- 2018-11-13🔒Charge registered #6Lender: Cbre Loan Services Limited as Security Trustee for the Common Secured Parties
- 2018-11-13🔒Charge registered #5Lender: Cbre Loan Services Limited as Security Trustee for the Common Secured Parties
- 2018-10-31➕MABRY, Patrick Thomas appointeddirector
- 2018-10-31➕LOYNES, Paul appointeddirector
- 2018-10-31➕RYAN, Mark appointeddirector
- 2018-10-25➕CAMPION, Brian appointeddirector
- 2018-10-25➖CROWE, Aidan resigneddirector
- 2018-10-25➖HICKEY, David resigneddirector
- 2018-03-27🔒Charge registered #4Lender: Elq Investors Vi Limited
- 2016-12-02🔓Charge satisfied #2
- 2016-12-02🔓Charge satisfied #1
- 2016-12-01➕O'MEARA, Enda appointeddirector
- 2016-12-01➕CAMPION, Brian appointedsecretary
- 2016-12-01➖O'SULLIVAN, Richard resignedsecretary
- 2016-12-01➖COONEY, Stan resigneddirector
- 2016-12-01➕CROWE, Aidan appointeddirector
- 2016-12-01➕HICKEY, David appointeddirector
- 2016-12-01➖O'SULLIVAN, Richard resigneddirector
- 2016-12-01🔒Charge registered #3Lender: Ulster Bank Ireland Dac
Owner dependency
Some founder dependency, but not acute. A structured handover period should cover most risk.
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
Red flags
1 med · 1 lowMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Group structure
Mollydale Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
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 |
|---|---|---|---|---|
Mollydale Limited Corporate entity | 75–100% | — | 75-100% shares | 01/12/2016 |
1 historic (ceased) PSC
- Rhomway Ltdceased 14/03/2024· 75-100% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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 · Trade services · BT postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ASCOT SIGNS LTD→ NI616201 · est 2013 | £17.14M £12.85M–£21.42M | £18.46M | — | 9000 | 13y | 93 | 66y |
| CALVERT OFFICE EQUIPMENT LIMITED→ NI006103 · est 1964 | £8.84M £6.63M–£11.04M | £11.08M | — | 4500 | 61y | 87 | 61y |
| MCELMEEL MOBILITY SERVICES LIMITED→ NI031911 · est 1997 | £5.01M £3.75M–£6.26M | £20.88M | — | 7900 | 29y | 95 | 75y |
| BELFAST EDUCATIONAL SERVICES (STRABANE) HOLDINGS LIMITED→ NI057726 · est 2006 | £2.32M £1.74M–£2.90M | — | — | 0 | 20y | 85 | 61y |
| BELFAST EDUCATIONAL SERVICES (DOWN & CONNOR) LIMITED→ NI070347 · est 2008 | £2.31M £1.73M–£2.89M | — | — | 0 | 17y | 85 | 61y |
| BELFAST EDUCATIONAL SERVICES (DOWN & CONNOR) HOLDINGS LIMITED→ NI070500 · est 2008 | £2.30M £1.72M–£2.87M | — | — | 0 | 17y | 85 | 61y |
| BELFAST EDUCATIONAL SERVICES (STRABANE) LIMITED→ NI057713 · est 2006 | £2.23M £1.67M–£2.78M | — | — | 0 | 20y | 85 | 61y |
| BELFAST EDUCATIONAL SERVICES (DERRY) LIMITED→ NI070493 · est 2008 | £2.09M £1.57M–£2.61M | — | — | 0 | 17y | 85 | 61y |
| BELFAST EDUCATIONAL SERVICES (DERRY) HOLDINGS LIMITED→ NI070498 · est 2008 | £1.80M £1.35M–£2.25M | — | — | 0 | 17y | 85 | 61y |
| BELFAST EDUCATIONAL SERVICES (OMAGH) LIMITED→ NI042760 · est 2002 | £1.76M £1.32M–£2.20M | — | — | 0 | 24y | 85 | 61y |
| BELFAST EDUCATIONAL SERVICES (OMAGH) HOLDINGS LIMITED→ NI042770 · est 2002 | £1.62M £1.22M–£2.03M | — | — | 0 | 24y | 85 | 61y |
| BELFAST EDUCATIONAL SERVICES (HOLDINGS) LIMITED→ NI038642 · est 2000 | £1.60M £1.20M–£2.00M | — | — | 0 | 26y | 84 | 61y |
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 →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
Registered office
Filing status
Officers (4 active · 11 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Cbre Loan Services (As Security Agent) Cbre Loan Services Limited (As Security Agent) | A registered charge | 2 properties | 26/04/2024 | — | |
| outstanding | Cbre Loan Services (As Security Agent) Cbre Loan Services Limited (As Security Agent) | A registered charge | — | 26/04/2024 | — | |
| outstanding | Cbre Loan Services (As Security Agent) Cbre Loan Services Limited (As Security Agent) | A registered charge | — | 26/04/2024 | — | |
| outstanding | Cbre Loan Services as Security Trustee for the Common Secured Parties Cbre Loan Services Limited as Security Trustee for the Common Secured Parties | A registered charge | — | 13/11/2018 | — | |
| outstanding | Cbre Loan Services as Security Trustee for the Common Secured Parties Cbre Loan Services Limited as Security Trustee for the Common Secured Parties | A registered charge | 3 properties | 13/11/2018 | — | |
| outstanding | Cbre Loan Services as Security Trustee for the Common Secured Parties Cbre Loan Services Limited as Security Trustee for the Common Secured Parties | A registered charge | — | 13/11/2018 | — | |
| satisfied | Elq Investors Vi Elq Investors Vi Limited | A registered charge | 1 property | 27/03/2018 | 18/03/2021 | |
| satisfied | NatWest Group Ulster Bank Ireland Dac | A registered charge | 1 property | 01/12/2016 | 18/03/2021 | |
| satisfied | Full Moon Holdco 6 Full Moon Holdco 6 Limited | A registered charge | 1 property | 01/08/2014 | 02/12/2016 | |
| satisfied | The Governor and Company of the Bank of Ireland | A registered charge | 1 property | 01/08/2014 | 02/12/2016 |