ARDILAUN LTD

🌳Matureactive
NI057602 · ltd · incorporated 2005-12-15
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 19.1y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
book net assets
Opportunity
83/100
Exceptional
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Property-backed borrower with a 76-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 76). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · oldest 19.1y

85/100
ready

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

  • · Oldest live charge is 19.1 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (72/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
5 officers (5 active, 5 linked, 4 with DOB)
86
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
3 connected companies via shared directors
54
Filing history
54 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.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£29k£58k£88k£117k£146kDec 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£186.7k
Cash£145.9k
Net assets£112.8k
Average employees400

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
2
filings
  • 1 officers
  • 1 address
Last 180 days
8
filings
  • 6 officers
  • 1 address
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2026-02-23
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2026-02-23
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2025-12-18
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2025-12-17
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  5. 2025-12-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2025-12-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2025-12-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2025-08-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2024-09-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2023-09-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2022-05-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2021-09-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2020-10-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2020-01-25
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  15. 2020-01-25
    🔓
    Charge satisfied #1
  16. 2019-09-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2019-04-03
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  18. 2019-03-29
    🔒
    Charge registered #2
    Lender: Ulster Bank Limited
  19. 2018-09-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2007-04-17
    🔒
    Charge registered #1
    Lender: Ulster Bank Limited
  21. 2005-12-15
    🏢
    Company incorporated
    As ARDILAUN LTD
  22. 2005-12-15
    MACCORKELL, John Girvan appointed
    secretary
  23. 2005-12-15
    MACCORKELL, Alistair John Girvan appointed
    director
  24. 2005-12-15
    MACCORKELL, Helen appointed
    director
  25. 2005-12-15
    MACCORKELL, John Girvan appointed
    director
  26. 2005-12-15
    MACCORKELL, Ruth Elizabeth 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
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 76 — 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 76 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.)
🔒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
Incorporated2005-12-15
Jurisdictionnorthern-ireland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

51 Slaght Road
Ballymena
Co Antrim
BT42 2JH
Northern Ireland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-29
Last: 2025-12-15

Officers (5 active · 0 resigned)

MACCORKELL, John Girvan
secretary · appointed 2005-12-15
View their other companies + combined net worth →
Active
MACCORKELL, Alistair John Girvan
director · ~46y · appointed 2005-12-15
View their other companies + combined net worth →
Active
MACCORKELL, Helen
director · ~50y · appointed 2005-12-15
View their other companies + combined net worth →
Active
MACCORKELL, John Girvan
director · ~74y · appointed 2005-12-15
View their other companies + combined net worth →
Active
MACCORKELL, Ruth Elizabeth
director · ~76y · appointed 2005-12-15
View their other companies + combined net worth →
Active

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
NatWest Group
Ulster Bank Limited
A registered charge2 properties29/03/2019
satisfied
NatWest Group
Ulster Bank Limited
Standard security1 property17/04/200725/01/2020
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (54 total)

change-person-director-company-with-change-date
officers · CH01
2026-02-23
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-02-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-27
change-person-director-company-with-change-date
officers · CH01
2025-12-18
change-person-secretary-company-with-change-date
officers · CH03
2025-12-17
change-person-director-company-with-change-date
officers · CH01
2025-12-17
change-person-director-company-with-change-date
officers · CH01
2025-12-17
change-person-director-company-with-change-date
officers · CH01
2025-12-17
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-24