MEA (NI) LTD

🌳Matureactive
NI053923 · ltd · incorporated 2005-02-14
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£342.6k
book net assets
Opportunity
74/100
Strong
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What this business does
Primary activity: Real estate agencies
Sector: Real estate
Investor take
Pursue
Strong opportunity: property-backed borrower with strong profile and acceptable with review structure.

Opportunity 74/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (63/100).

🏦

Refinance opportunity

8 live charges · 4 lenders · oldest 9.9y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 9.9 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

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, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
8 charges (8/8 with lender, 8/8 with type)
90
Directors & officers
7 officers (3 active, 7 linked, 2 with DOB)
76
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
75 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
74/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
60
Adequate — check latest filings for context.
Acquirability
65
Some acquirability indicators.
Risk profile
82
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 £342,587
Cash YoY
+0%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£451
~ YoY
Net Worth
£343k
↑ 10% YoY
Current Assets
£252k
↓ 4.7% YoY
Current Liabilities
—
£0£69k£137k£206k£274k£343kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£863.3k£830.0k
Current assets£251.8k£264.3k
Cash£451£451
Debtors£45.0k£73.2k
Net assets£342.6k£310.9k

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 confirmation-statement
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (37 events)Click to expand
  1. 2025-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-09-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-12-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-12-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-11-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2021-08-06
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  8. 2021-08-03
    🔒
    Charge registered #8
    Lender: National Westminster Bank PLC (Trading as Ulster Bank)
  9. 2021-03-16
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2021-03-16
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2020-11-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2019-11-01
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  13. 2019-10-24
    🔒
    Charge registered #7
    Lender: Ulster Bank Limited
  14. 2019-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2019-03-06
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  16. 2019-03-06
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  17. 2019-02-26
    🔒
    Charge registered #6
    Lender: Ulster Bank Limited
  18. 2019-02-26
    🔒
    Charge registered #5
    Lender: Ulster Bank Limited
  19. 2018-10-19
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  20. 2018-10-19
    🔓
    Charge satisfied #1
  21. 2018-09-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2017-07-06
    🔒
    Charge registered #4
    Lender: Atom Bank PLC
  23. 2017-07-06
    🔒
    Charge registered #3
    Lender: Atom Bank PLC
  24. 2017-07-06
    🔒
    Charge registered #2
    Lender: Atom Bank PLC
  25. 2016-06-06
    🔒
    Charge registered #1
    Lender: Assetz Capital Trust Company Limited
  26. 2009-11-01
    ➕
    MORRIS, Briege appointed
    secretary
  27. 2009-10-06
    ➖
    HILL, Frank resigned
    secretary
  28. 2007-11-22
    ➕
    HILL, Frank appointed
    secretary
  29. 2007-11-22
    ➖
    MORRIS, Alexander Campbell resigned
    secretary
  30. 2005-02-14
    🏢
    Company incorporated
    As MEA (NI) LTD
  31. 2005-02-14
    ➕
    MORRIS, Alexander Campbell appointed
    director
  32. 2005-02-14
    ➕
    MORRIS, Breige appointed
    director
  33. 2005-02-14
    ➕
    MORRIS, Alexander Campbell appointed
    secretary
  34. 2005-02-14
    ➕
    BUSINESSLEGAL SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  35. 2005-02-14
    ➖
    BUSINESSLEGAL SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  36. 2005-02-14
    ➕
    BUSINESSLEGAL LIMITED appointed
    corporate-director
  37. 2005-02-14
    ➖
    BUSINESSLEGAL LIMITED resigned
    corporate-director

Owner dependency

76/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

66/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 21 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

1 low
7 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Alexander Campbell Morris
Individual · British · DOB 03/1979 · age 47
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
Mrs Breige Morris
Individual · British · DOB 08/1980 · age 46
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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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
Incorporated2005-02-14
Jurisdictionnorthern-ireland
Primary SIC68310 — Real estate agencies

Registered office

Suite 1, Eilihaus
497 Antrim Road
Belfast
BT15 3BP
Northern Ireland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-02-28
Last: 2026-02-14

Officers (3 active · 4 resigned)

MORRIS, Briege→
secretary · appointed 2009-11-01
View their other companies + combined net worth →
Active
MORRIS, Alexander Campbell→
director · ~47y · appointed 2005-02-14
View their other companies + combined net worth →
Active
MORRIS, Breige→
director · ~46y · appointed 2005-02-14
View their other companies + combined net worth →
Active
HILL, Frank→
secretary · appointed 2007-11-22 · resigned 2009-10-06
Resigned
MORRIS, Alexander Campbell→
secretary · appointed 2005-02-14 · resigned 2007-11-22
Resigned
BUSINESSLEGAL SECRETARIES LIMITED→
corporate-nominee-secretary · appointed 2005-02-14 · resigned 2005-02-14
Resigned
BUSINESSLEGAL LIMITED→
corporate-director · appointed 2005-02-14 · resigned 2005-02-14
Resigned

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

Mortgages & charges

8
Total charges
7
Outstanding
2
Active lenders
Status:Lender:8 of 8 shown
TypeProperties
outstanding
NatWest Group
National Westminster Bank PLC (Trading as Ulster Bank)
A registered charge1 property03/08/2021—
outstanding
NatWest Group
Ulster Bank Limited
A registered charge1 property24/10/2019—
outstanding
NatWest Group
Ulster Bank Limited
A registered charge1 property26/02/2019—
outstanding
NatWest Group
Ulster Bank Limited
A registered charge1 property26/02/2019—
outstanding
Atom Bank
Atom Bank PLC
A registered charge1 property06/07/2017—
outstanding
Atom Bank
Atom Bank PLC
A registered charge—06/07/2017—
outstanding
Atom Bank
Atom Bank PLC
A registered charge1 property06/07/2017—
satisfied
Assetz Capital Trust Company
Assetz Capital Trust Company Limited
A registered charge3 properties06/06/201619/10/2018
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (75 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-15
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-11-22
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-08-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-16
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-03-16
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-03-16