DMD PROPERTY DEVELOPMENTS LTD

🌳Matureactive
NI056961 · ltd · incorporated 2005-10-25
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 Oct 2024
Net worth
book net assets
Opportunity
69/100
Strong
🔔
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)
Distressed property-backed borrower — structural issues outweigh the discount.

Opportunity 69/100 (strong), bankability 50/100. Strong seller-intent signal (63/100, director aged 70). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Resolve: 5 insolvency-related filings on record. Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding. Most likely exit: share sale to pe / searcher (50/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 20.5y

40/100
too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

  • · Oldest live charge is 20.5 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 45/100 (high).

Data confidence

Overall: medium (73/100)

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
6 officers (4 active, 6 linked, 3 with DOB)
80
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
10 connected companies via shared directors
75
Filing history
59 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
50
Adequate — check latest filings for context.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
59
Some moderate concerns — review 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
£0£0£0£0£0£0Oct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-10-312023-10-31
Average employees00

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
0
filings
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2025-07-08
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-07-17
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2023-07-07
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2022-07-15
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2021-09-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2020-10-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2019-06-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2018-07-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2017-09-11
    ⚠️
    liquidation-administrative-receivers-abstracts-northern-ireland-with-brought-down-date
    insolvency · 3.08(NI)
  10. 2017-09-11
    ⚠️
    liquidation-receiver-cease-to-act-receiver
    insolvency · RM02
  11. 2017-07-04
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2017-02-21
    ⚠️
    liquidation-administrative-receivers-abstracts-northern-ireland-with-brought-down-date
    insolvency · 3.08(NI)
  13. 2016-08-23
    ⚠️
    liquidation-administrative-receivers-abstracts-northern-ireland-with-brought-down-date
    insolvency · 3.08(NI)
  14. 2016-07-21
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2016-02-09
    ⚠️
    liquidation-receiver-appointment-of-receiver
    insolvency · RM01
  16. 2014-07-29
    🔓
    Charge satisfied #3
  17. 2007-11-02
    🔒
    Charge registered #3
    Lender: Aib Group (UK) PLC
  18. 2005-11-25
    🔒
    Charge registered #2
    Lender: The Governor and Company of the Bank of Ireland
  19. 2005-11-25
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Ireland
  20. 2005-10-25
    🏢
    Company incorporated
    As DMD PROPERTY DEVELOPMENTS LTD
  21. 2005-10-25
    DAVIDSON, Gerard Eamon appointed
    secretary
  22. 2005-10-25
    DAVIDSON, Gerard Eamon appointed
    director
  23. 2005-10-25
    DONNELLY, John James appointed
    director
  24. 2005-10-25
    MOLLOY, Gerard Thomas appointed
    director
  25. 2005-10-25
    C.S. SECRETARIAL SERVICES LTD appointed
    corporate-secretary
  26. 2005-10-25
    C.S. SECRETARIAL SERVICES LTD resigned
    corporate-secretary
  27. 2005-10-25
    CS DIRECTOR SERVICES LIMITED appointed
    corporate-director
  28. 2005-10-25
    CS DIRECTOR SERVICES LIMITED resigned
    corporate-director

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 70 — succession pressure is live.

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 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 high · 1 med ·
5 insolvency-related filings on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2017-09-11: liquidation-administrative-receivers-abstracts-northern-ireland-with-brought-down-date; 2017-09-11: liquidation-receiver-cease-to-act-receiver

Has insolvency history
medium

Companies House flags prior insolvency events. Review the insolvency filings for context.

🔒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

9 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
Incorporated2005-10-25
Jurisdictionnorthern-ireland
Primary SIC68100 — Buying and selling of own real estate

Registered office

11 Abbey Street
Armagh
BT61 7DX

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-11-08
Last: 2025-10-25

Officers (4 active · 2 resigned)

DAVIDSON, Gerard Eamon
secretary · appointed 2005-10-25
View their other companies + combined net worth →
Active
DAVIDSON, Gerard Eamon
director · ~64y · appointed 2005-10-25
View their other companies + combined net worth →
Active
DONNELLY, John James
director · ~66y · appointed 2005-10-25
View their other companies + combined net worth →
Active
MOLLOY, Gerard Thomas
director · ~70y · appointed 2005-10-25
View their other companies + combined net worth →
Active
C.S. SECRETARIAL SERVICES LTD
corporate-secretary · appointed 2005-10-25 · resigned 2005-10-25
Resigned
CS DIRECTOR SERVICES LIMITED
corporate-director · appointed 2005-10-25 · resigned 2005-10-25
Resigned

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

Mortgages & charges

3
Total charges
2
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
satisfied
Aib Group (UK)
Aib Group (UK) PLC
Mortgage or charge1 property02/11/200729/07/2014
outstanding
The Governor and Company of the Bank of Ireland
Debenture1 property25/11/2005
outstanding
The Governor and Company of the Bank of Ireland
Mortgage or charge1 property25/11/2005
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (59 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-29
accounts-with-accounts-type-dormant
accounts · AA
2025-07-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-30
accounts-with-accounts-type-dormant
accounts · AA
2024-07-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-01
accounts-with-accounts-type-dormant
accounts · AA
2023-07-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-27
accounts-with-accounts-type-dormant
accounts · AA
2022-07-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-30
accounts-with-accounts-type-micro-entity
accounts · AA
2021-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-04
accounts-with-accounts-type-micro-entity
accounts · AA
2020-10-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-10-30
accounts-with-accounts-type-micro-entity
accounts · AA
2019-06-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-11-08