PREMIAIR REFRIGERATION & AIR CONDITIONING LIMITED

🌳Matureactive
NI057476 · ltd · incorporated 2005-12-07
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 19.2y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
83/100
Exceptional
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: SIC 35300
Sector: Electricity, gas & energy
Investor take
Pursue
Active trading company with a 70-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 85/100. Strong seller-intent signal (73/100, director aged 70). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · oldest 19.2y

85/100
ready

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

  • · Oldest live charge is 19.2 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (57/100)

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
No iXBRL financials extracted
0
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
7 officers (4 active, 7 linked, 5 with DOB)
84
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
61 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • • 1 officers
Last 180 days
5
filings
  • • 4 persons-with-significant-control
  • • 1 officers
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
  1. 2026-03-09
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2026-02-09
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  3. 2026-02-09
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  4. 2026-02-09
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  5. 2026-02-09
    📄
    withdrawal-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC09
  6. 2025-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2024-10-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2024-09-27
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2024-09-27
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2024-09-27
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2024-08-02
    ➖
    CHAMBERS, John Martin resigned
    director
  12. 2023-10-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2022-11-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2021-09-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  15. 2020-10-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2020-01-16
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  17. 2020-01-16
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  18. 2020-01-16
    🔓
    Charge satisfied #2
  19. 2020-01-16
    🔓
    Charge satisfied #1
  20. 2019-06-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2007-08-24
    🔒
    Charge registered #2
    Lender: Ulster Bank Limited
  22. 2007-02-28
    🔒
    Charge registered #1
    Lender: Ulster Bank Limited
  23. 2005-12-07
    🏢
    Company incorporated
    As PREMIAIR REFRIGERATION & AIR CONDITIONING LIMITED
  24. 2005-12-07
    ➕
    HARKIN, Daniel appointed
    secretary
  25. 2005-12-07
    ➕
    DOHERTY, Kieran appointed
    director
  26. 2005-12-07
    ➕
    HARKIN, Daniel appointed
    director
  27. 2005-12-07
    ➕
    MARTIN, Shane Carlin appointed
    director
  28. 2005-12-07
    ➕
    RICHARDSON, Mark appointed
    secretary
  29. 2005-12-07
    ➖
    RICHARDSON, Mark resigned
    secretary
  30. 2005-12-07
    ➕
    CHAMBERS, John Martin appointed
    director
  31. 2005-12-07
    ➕
    SMYTH, Regan appointed
    director
  32. 2005-12-07
    ➖
    SMYTH, Regan resigned
    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 20 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 20 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 20 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.)

Shareholders & ownership

3 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Daniel Harkin
Individual · Irish · DOB 07/1956 · age 70
25–50%
25–50%25-50% shares · 25-50% voting02/08/2024
Mr Kieran Doherty
Individual · Northern Irish · DOB 11/1972 · age 54
25–50%
25–50%25-50% shares · 25-50% voting02/08/2024
Mr Shane Carlin Martin
Individual · Irish · DOB 01/1977 · age 49
25–50%
25–50%25-50% shares · 25-50% voting02/08/2024

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 →

Similar companies

Active · Energy & utilities · BT postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
LCC POWER LIMITED→
NI608111 · est 2011
£63.79M
£45.93M–£81.65M
£166.23M—320014y9376y
T. MET LIMITED→
NI036781 · est 1999
£3.51M
£2.53M–£4.49M
——10426y8567y
JUSTFARMENERGY LIMITED→
NI057923 · est 2006
£586.1k
£422.0k–£750.2k
——120y8258y
BELFAST GAS TRANSMISSION LIMITED→
NI026420 · est 1992 · no financials extracted
————34y8377y
BROWNLOW HEAT TRANSFER LIMITED→
NI041271 · est 2001
——£940.0k—24y8366y
ENVIRONMENTAL DAMAGE MANAGEMENT LIMITED→
NI604204 · est 2010
——£164.0k—15y8361y
EVERGREEN NATURAL ENERGY LTD→
NI606676 · est 2011
——£3.05M—15y8360y
MOYLE INTERCONNECTOR (FINANCING) PUBLIC LIMITED COMPANY→
NI045625 · est 2003 · no financials extracted
————23y8358y
PREMIER TRANSMISSION FINANCING PUBLIC LIMITED COMPANY→
NI053751 · est 2005 · no financials extracted
————21y8358y
PREMIER TRANSMISSION HOLDINGS LIMITED→
NI053757 · est 2005 · no financials extracted
————21y8358y
A.C. POWERLINES LTD→
NI037382 · est 1999
——£1.32M—26y8264y
A.C.J. TRADING LIMITED→
NI047729 · est 2003
——£466.7k—22y8269y
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
Incorporated2005-12-07
Jurisdictionnorthern-ireland
Primary SIC35300 — SIC 35300

Registered office

Unit D 2 Ballinska Business Park
Springtown Industrial Estate
Derry
BT48 0NA

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-11-28
Last: 2025-11-14

Officers (4 active · 3 resigned)

HARKIN, Daniel→
secretary · appointed 2005-12-07
View their other companies + combined net worth →
Active
DOHERTY, Kieran→
director · ~54y · appointed 2005-12-07
View their other companies + combined net worth →
Active
HARKIN, Daniel→
director · ~70y · appointed 2005-12-07
View their other companies + combined net worth →
Active
MARTIN, Shane Carlin→
director · ~49y · appointed 2005-12-07
View their other companies + combined net worth →
Active
RICHARDSON, Mark→
secretary · appointed 2005-12-07 · resigned 2005-12-07
Resigned
CHAMBERS, John Martin→
director · ~62y · appointed 2005-12-07 · resigned 2024-08-02
Resigned
SMYTH, Regan→
director · ~58y · appointed 2005-12-07 · resigned 2005-12-07
Resigned

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

Mortgages & charges

2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
NatWest Group
Ulster Bank Limited
Mortgage or charge1 property24/08/200716/01/2020
satisfied
NatWest Group
Ulster Bank Limited
Debenture1 property28/02/200716/01/2020

Recent filings (61 total)

change-person-director-company-with-change-date
officers · CH01
2026-03-09
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-02-09
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-02-09
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-02-09
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2026-02-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-30
confirmation-statement-with-updates
confirmation-statement · CS01
2024-12-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-15
termination-director-company-with-name-termination-date
officers · TM01
2024-09-27
change-person-director-company-with-change-date
officers · CH01
2024-09-27
change-person-director-company-with-change-date
officers · CH01
2024-09-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-07