ALTMOR LIMITED

🌳Matureactive

NI050434 · ltd · incorporated 2004-05-01

Investment thesis

Established operating company — standard diligence applies, no dominant angle.

Why interesting: Live, filing, normal profile.

Why risky: No standout signals in either direction.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 20.5y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to May 2025

Net worth

—

book net assets

Opportunity

83/100

Exceptional

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What this business does

Primary activity: SIC 01460

Sector: Agriculture, forestry & fishing

Investor take

Pursue

Active trading company with a 94-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 94). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 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

1 live charge · oldest 20.5y

65/100

clean up first

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

· Oldest live charge is 20.5 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (70/100)

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

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

8 officers (6 active, 8 linked, 7 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

Network not yet resolved

Filing history

67 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

83/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-05-31	2024-05-31
Average employees	6	600

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

filings

Last 90 days

filings

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (28 events)Click to expand

2026-02-10
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-07
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-14
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-08
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-01-12
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-26
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-02-26
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-02-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-12-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-07-14
📄
notification-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC08
2016-12-28
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-06-16
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2016-06-16
📄
change-person-director-company-with-change-date
officers · CH01
2016-06-16
📄
change-person-director-company-with-change-date
officers · CH01
2016-06-16
📄
change-person-director-company-with-change-date
officers · CH01
2016-06-16
📄
change-person-director-company-with-change-date
officers · CH01
2015-05-14
➕
NELSON, Martyn appointed
director
2005-11-29
🔒
Charge registered #1
Lender: Ulster Bank Limited
2004-06-01
➕
NELSON, Andrew appointed
director
2004-06-01
➕
NELSON, Jean appointed
director
2004-05-20
➕
NELSON, Drew appointed
director
2004-05-20
➕
NELSON, Roland appointed
director
2004-05-20
➖
HARRISON, Malcolm Joseph resigned
director
2004-05-20
➖
KANE, Dorothy May resigned
director
2004-05-01
🏢
Company incorporated
As ALTMOR LIMITED
2004-05-01
➕
NELSON, Drew appointed
secretary
2004-05-01
➕
HARRISON, Malcolm Joseph appointed
director
2004-05-01
➕
KANE, Dorothy May 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 94 — 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 94 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.)

Similar companies

Active · Agriculture · BT postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
NORTH DOWN GRAIN LIMITED→ NI017660 · est 1984	£1.38M £1.06M–£1.70M	—	—	5200	41y	88	74y
COLTON CONTRACTS LIMITED→ NI042179 · est 2001	£593.0k £456.1k–£729.8k	—	—	500	24y	83	58y
W & E FULTON LIMITED→ NI053011 · est 2004	£578.6k £445.1k–£712.1k	—	—	300	21y	85	66y
SSI FARMS LIMITED→ NI665127 · est 2019	£344.6k £265.1k–£424.1k	—	—	300	6y	84	70y
N L HARSHAW LTD→ NI630066 · est 2015	£309.3k £237.9k–£380.7k	£636.5k	—	400	11y	83	71y
WH BEACOM (FARMING) LTD→ NI631101 · est 2015	£270.0k £207.7k–£332.3k	—	—	0	11y	84	62y
BAGOLD LIMITED→ NI071703 · est 2009	—	—	£15.46M	—	17y	83	62y
HILLMOUNT PROPERTIES (N.I.) LIMITED→ NI025463 · est 1991	—	—	—	500	35y	83	75y
KINGSMILL FARMS LIMITED→ NI054329 · est 2005	—	—	—	300	21y	83	64y
MILLTOWN FARM LIMITED→ NI063677 · est 2007	—	—	—	200	19y	83	67y
MULLAGHMORE FARMS LIMITED→ NI602418 · est 2010	—	—	—	300	16y	83	63y
PARKMORE FARMS LTD→ NI071649 · est 2009	—	—	—	300	17y	83	59y

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

Incorporated2004-05-01

Jurisdictionnorthern-ireland

Primary SIC01460 — SIC 01460

Registered office

39 Laghel Road

Killen

Castlederg

BT81 7SX

Filing status

Accounts

Next due: 2027-02-28

Last made up to: 2025-05-31

Confirmation statement

Next due: 2026-06-07

Last: 2025-05-24

Officers (6 active · 2 resigned)

NELSON, Drew→

secretary · appointed 2004-05-01

View their other companies + combined net worth →

Active

NELSON, Andrew→

director · ~94y · appointed 2004-06-01

View their other companies + combined net worth →

Active

NELSON, Drew→

director · ~66y · appointed 2004-05-20

View their other companies + combined net worth →

Active

NELSON, Jean→

director · ~92y · appointed 2004-06-01

View their other companies + combined net worth →

Active

NELSON, Martyn→

director · ~56y · appointed 2015-05-14

View their other companies + combined net worth →

Active

NELSON, Roland→

director · ~65y · appointed 2004-05-20

View their other companies + combined net worth →

Active

HARRISON, Malcolm Joseph→

director · ~52y · appointed 2004-05-01 · resigned 2004-05-20

Resigned

KANE, Dorothy May→

director · ~90y · appointed 2004-05-01 · resigned 2004-05-20

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:1 of 1 shown

			Type	Properties
	outstanding	NatWest Group Ulster Bank Limited	Debenture	1 property	29/11/2005	—

Click column headers to sort. Use filters above to narrow by status and lender.