MORDOR PROPERTIES LIMITED

🌳Matureactive

NI058230 · ltd · incorporated 2006-02-22

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 20.2y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Feb 2025

Net worth

£26.1k

book net assets

Opportunity

82/100

Exceptional

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What this business does

Primary activity: Residents property management

Sector: Activities of households

Investor take

Pursue

Asset-holding vehicle with a 68-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 68). 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: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 20.2y

65/100

clean up first

Refinance viable after a tidy-up — address the highlighted items first.

· 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.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

7 officers (2 active, 7 linked, 4 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

5 connected companies via shared directors

Filing history

55 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

🔒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

82/100Exceptional

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102

Positive net assets

Net assets £26,061

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£26k

↑ 14% YoY

Current Assets

£2k

↑ 28% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-02-28	2024-02-29
Total assets	£37.1k	£44.4k
Current assets	£2.2k	£1.7k
Cash	—	£437
Debtors	£596	£1.3k
Net assets	£26.1k	£22.9k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals 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

filings

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (29 events)Click to expand

2025-11-27
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-11-12
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-11-30
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-11-23
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-11-30
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-12-21
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2019-11-29
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2018-11-30
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2017-11-24
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2016-11-30
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-03-18
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-11-30
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-03-26
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-11-28
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-03-24
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-02-22
➖
BONNER, Fiona resigned
secretary
2009-04-08
➕
BONNER, Fiona appointed
secretary
2009-04-08
➖
MCNICHOLL, Colum resigned
secretary
2006-03-28
🔒
Charge registered #1
Lender: The Governor and Company of the Bank of Ireland
2006-03-22
➕
DOHERTY, Colin appointed
director
2006-03-22
➕
MCNICHOLL, Colum Joseph appointed
director
2006-03-22
➖
KANE, Dorothy May resigned
secretary
2006-03-22
➕
MCNICHOLL, Colum appointed
secretary
2006-03-22
➖
HARRISON, Malcolm Joseph resigned
director
2006-03-22
➖
KANE, Dorothy May resigned
director
2006-02-22
🏢
Company incorporated
As MORDOR PROPERTIES LIMITED
2006-02-22
➕
KANE, Dorothy May appointed
secretary
2006-02-22
➕
HARRISON, Malcolm Joseph appointed
director
2006-02-22
➕
KANE, Dorothy May appointed
director

Owner dependency

83/100

Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

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 20 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 68 — succession pressure is live.

Succession & seller-readiness

86/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
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

1 active beneficial owner

Name	Shares	Voting rights	Nature of control	Notified
Mr Colum Mcnicholl Individual · Irish · DOB 03/1958 · age 68	25–50%	25–50%	25-50% shares · 25-50% voting	01/07/2016

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 →

Similar companies

Active · Holding company · BT postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
CAUSEWAY LEISURE SERVICES LIMITED→ NI025140 · est 1990	£1.02M £865.7k–£1.17M	—	£1.02M	—	35y	82	75y
JJ & LA LTD→ NI056805 · est 2005	£992.3k £843.5k–£1.14M	—	£992.3k	—	20y	82	62y
MELLON PROPERTIES LIMITED→ NI061270 · est 2006	£231.3k £196.6k–£266.0k	—	£231.3k	—	19y	82	72y
GARY ALEXANDER LTD→ NI047951 · est 2003	£194.7k £165.5k–£223.9k	—	£194.7k	—	22y	82	74y
MARKETHILL DISTRICT ENTERPRISES LTD→ NI029898 · est 1995	£116.1k £98.7k–£133.5k	—	£116.1k	—	30y	83	84y
MARVEY PROPERTIES LIMITED→ NI067969 · est 2008	£22.5k £19.2k–£25.9k	—	£22.5k	—	18y	82	67y
AKON DEVELOPMENTS LIMITED→ NI028849 · est 1994	£22.5k £19.1k–£25.9k	—	£22.5k	—	31y	82	68y
BREEN HOLDINGS LIMITED→ NI036678 · est 1999	£8 £7–£9	—	£8	—	26y	82	61y
RINAGREE MANAGEMENT COMPANY LIMITED→ NI050042 · est 2004	—	£117.3k	—	100	22y	83	75y
DUNLUCE PLC→ NI026328 · est 1992	—	£16.7k	—	200	34y	87	87y
PORTVIEW HOLDINGS LIMITED→ NI031502 · est 1996	—	£90	—	0	29y	82	53y
BES PPP LIMITED→ NI628267 · est 2014	—	—	—	0	11y	84	64y

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

Incorporated2006-02-22

Jurisdictionnorthern-ireland

Primary SIC98000 — Residents property management

Registered office

79 Main Street

Dungiven

Co Derry

BT47 4LE

Filing status

Accounts

Next due: 2026-11-30

Last made up to: 2025-02-28

Confirmation statement

Next due: 2027-03-03

Last: 2026-02-17

Officers (2 active · 5 resigned)

DOHERTY, Colin→

director · ~55y · appointed 2006-03-22

View their other companies + combined net worth →

Active

MCNICHOLL, Colum Joseph→

director · ~68y · appointed 2006-03-22

View their other companies + combined net worth →

Active

BONNER, Fiona→

secretary · appointed 2009-04-08 · resigned 2014-02-22

Resigned

KANE, Dorothy May→

secretary · appointed 2006-02-22 · resigned 2006-03-22

Resigned

MCNICHOLL, Colum→

secretary · appointed 2006-03-22 · resigned 2009-04-08

Resigned

HARRISON, Malcolm Joseph→

director · ~52y · appointed 2006-02-22 · resigned 2006-03-22

Resigned

KANE, Dorothy May→

director · ~90y · appointed 2006-02-22 · resigned 2006-03-22

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:1 of 1 shown

			Type	Properties
	outstanding	The Governor and Company of the Bank of Ireland	Mortgage or charge	1 property	28/03/2006	—

Click column headers to sort. Use filters above to narrow by status and lender.