HIGHPOINT ADVENTURE MANAGEMENT LTD

📈Growthactive
NI055451 · ltd · incorporated 2005-06-08
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 20.2y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
£147.0k
year to Mar 2025
Net worth
book net assets
Opportunity
78/100
Strong
🔔
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What this business does
Primary activity: Other sports activities
Sector: Arts, entertainment & recreation
Investor take
Pursue
Strong opportunity: conservative operator with strong profile and bankable structure.

Opportunity 78/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. 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: strategic trade sale (78/100).

🏦

Refinance opportunity

1 live charge · oldest 20.2y

75/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 20.2 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.
  • · Profitable and stable/growing — lender coverage supportable.

Data confidence

Overall: medium (79/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
5 officers (3 active, 5 linked, 3 with DOB)
82
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
52 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
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
Some acquirability indicators.
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
Profitable
Profit before tax £51,431
Strong revenue growth
Turnover up 71% YoY
Turned profitable
Returned to profit this year
Turnover YoY
+71%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Turnover£147.0k£86.1k
Gross profit£120.5k£66.5k
Profit before tax£51.4k£-7.9k
Average employees200200

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
0
filings
Last 180 days
2
filings
  • 1 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2025-12-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-12-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-05-10
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2022-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2020-12-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2019-12-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2018-12-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2017-12-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2017-03-15
    📄
    accounts-amended-with-accounts-type-total-exemption-small
    accounts · AAMD
  12. 2016-12-14
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2015-12-23
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2015-12-23
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2014-12-22
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2010-04-01
    KEATING, John appointed
    director
  17. 2010-04-01
    MCMULLAN, Susan resigned
    director
  18. 2006-03-29
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Ireland
  19. 2005-06-08
    🏢
    Company incorporated
    As HIGHPOINT ADVENTURE MANAGEMENT LTD
  20. 2005-06-08
    MC MULLAN, Martin appointed
    secretary
  21. 2005-06-08
    MCMULLAN, Martin appointed
    director
  22. 2005-06-08
    KANE, Dorothy May appointed
    secretary
  23. 2005-06-08
    KANE, Dorothy May resigned
    secretary
  24. 2005-06-08
    MCMULLAN, Susan appointed
    director

Owner dependency

68/100
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.

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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Inniu Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Inniu Ltd
Corporate parent · holds 75-100% shares
ultimate parent
HIGHPOINT ADVENTURE MANAGEMENT LTD
This company · NI055451

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%
NameSharesVoting rightsNature of controlNotified
Inniu Ltd
Corporate entity
75100%
75-100% shares16/08/2016

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

6 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
Incorporated2005-06-08
Jurisdictionnorthern-ireland
Primary SIC93199 — Other sports activities

Registered office

50a Main Street
Newcastle
County Down
BT33 0AD
Northern Ireland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-12-24
Last: 2025-12-10

Officers (3 active · 2 resigned)

MC MULLAN, Martin
secretary · appointed 2005-06-08
View their other companies + combined net worth →
Active
KEATING, John
director · ~53y · appointed 2010-04-01
View their other companies + combined net worth →
Active
MCMULLAN, Martin
director · ~53y · appointed 2005-06-08
View their other companies + combined net worth →
Active
KANE, Dorothy May
secretary · appointed 2005-06-08 · resigned 2005-06-08
Resigned
MCMULLAN, Susan
director · ~49y · appointed 2005-06-08 · resigned 2010-04-01
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
The Governor and Company of the Bank of Ireland
Debenture1 property29/03/2006
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (52 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-24
confirmation-statement-with-updates
confirmation-statement · CS01
2025-12-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-05
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-05-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-12-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-07