WYATT ENTERPRISES (NI) LIMITED

⚰️Wound downreceivership
NI060111 · ltd · incorporated 2006-07-10
Investment thesis
Company receivership — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 19.8y old — refinance window within 12 months
🔒Estimated value
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Turnover
not disclosed
Net worth
book net assets
Opportunity
37/100
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Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 37/100 (watch), bankability 25/100. Strong seller-intent signal (65/100, director aged 60). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100). Current lenders should be on immediate intervention.

🏦

Refinance opportunity

3 live charges · oldest 19.8y

55/100
too messy

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

  • · Oldest live charge is 19.8 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 45/100 (high).

Data confidence

Overall: low (45/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, no SIC, incorporation date
80
Financials
No iXBRL financials extracted
0
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
4 officers (2 active, 4 linked, 2 with DOB)
80
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
19 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
37/100Watch
PassWatchWorth a lookStrongExceptional 

Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.

Business quality
0
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
13
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

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 (29 events)Click to expand
  1. 2011-02-18
    ⚠️
    legacy
    insolvency · LQ01
  2. 2011-02-18
    ⚠️
    legacy
    insolvency · LQ01
  3. 2011-02-12
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  4. 2011-01-28
    📄
    gazette-notice-compulsary
    gazette · GAZ1
  5. 2010-05-07
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  6. 2010-04-12
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  7. 2010-03-30
    📍
    change-registered-office-address-company-with-date-old-address
    address · AD01
  8. 2009-12-09
    📍
    change-registered-office-address-company-with-date-old-address
    address · AD01
  9. 2008-07-08
    📄
    legacy
    accounts · AC(NI)
  10. 2008-05-29
    📄
    legacy
    annual-return · 371S(NI)
  11. 2008-05-22
    📍
    legacy
    address · 295(NI)
  12. 2006-08-24
    📄
    particulars-of-a-mortgage-charge
    mortgage · 402(NI)
  13. 2006-08-15
    🔒
    Charge registered #3
    Lender: The Governor and Company of the Bank of Ireland
  14. 2006-08-11
    📄
    particulars-of-a-mortgage-charge
    mortgage · 402(NI)
  15. 2006-08-11
    📄
    particulars-of-a-mortgage-charge
    mortgage · 402(NI)
  16. 2006-08-08
    🔒
    Charge registered #2
    Lender: The Governor and Company of the Bank of Ireland
  17. 2006-08-08
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Ireland
  18. 2006-08-03
    📍
    legacy
    address · 295(NI)
  19. 2006-08-03
    📄
    legacy
    officers · 296(NI)
  20. 2006-08-03
    📄
    legacy
    officers · 296(NI)
  21. 2006-08-03
    📄
    legacy
    other · SD(NI)
  22. 2006-07-10
    🏢
    Company incorporated
    As WYATT ENTERPRISES (NI) LIMITED
  23. 2006-07-10
    DOHERTY, Sean appointed
    secretary
  24. 2006-07-10
    ROBINSON, Robert William appointed
    director
  25. 2006-07-10
    RICHARDSON, Mark appointed
    secretary
  26. 2006-07-10
    RICHARDSON, Mark resigned
    secretary
  27. 2006-07-10
    SMYTH, Regan appointed
    director
  28. 2006-07-10
    SMYTH, Regan resigned
    director
  29. 2006-07-10
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

93/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.

Succession & seller-readiness

73/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 20 years.
  • secondaryStable-but-static management: Company is 20 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

4 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2011-04-30

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2016-07-24

Company status: receivership
high

Company is in a formal insolvency or administration process. Treat accordingly.

2 insolvency-related filings on record
high

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

Evidence: 2011-02-18: legacy; 2011-02-18: legacy

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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13 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

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Company details

Statusreceivership
Typeltd
Incorporated2006-07-10
Jurisdictionnorthern-ireland
Primary SIC

Registered office

27 Millvale Road
Hillsborough
County Down
N Ireland
BT26 6HR

Filing status

Accounts
Next due: 2011-04-30OVERDUE
Last made up to: 2009-07-31
Confirmation statement
Next due: 2016-07-24OVERDUE
Last:

Officers (2 active · 2 resigned)

DOHERTY, Sean
secretary · appointed 2006-07-10
View their other companies + combined net worth →
Active
ROBINSON, Robert William
director · ~60y · appointed 2006-07-10
View their other companies + combined net worth →
Active
RICHARDSON, Mark
secretary · appointed 2006-07-10 · resigned 2006-07-10
Resigned
SMYTH, Regan
director · ~58y · appointed 2006-07-10 · resigned 2006-07-10
Resigned

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

Mortgages & charges

3
Total charges
3
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
The Governor and Company of the Bank of Ireland
Mortgage or charge1 property15/08/2006
outstanding
The Governor and Company of the Bank of Ireland
Mortgage or charge1 property08/08/2006
outstanding
The Governor and Company of the Bank of Ireland
Debenture1 property08/08/2006
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (19 total)

legacy
insolvency · LQ01
2011-02-18
legacy
insolvency · LQ01
2011-02-18
gazette-filings-brought-up-to-date
gazette · DISS40
2011-02-12
gazette-notice-compulsary
gazette · GAZ1
2011-01-28
accounts-with-accounts-type-total-exemption-small
accounts · AA
2010-05-07
accounts-with-accounts-type-total-exemption-small
accounts · AA
2010-04-12
change-registered-office-address-company-with-date-old-address
address · AD01
2010-03-30
change-registered-office-address-company-with-date-old-address
address · AD01
2009-12-09
legacy
accounts · AC(NI)
2008-07-08
legacy
annual-return · 371S(NI)
2008-05-29
legacy
address · 295(NI)
2008-05-22
particulars-of-a-mortgage-charge
mortgage · 402(NI)
2006-08-24
particulars-of-a-mortgage-charge
mortgage · 402(NI)
2006-08-11
particulars-of-a-mortgage-charge
mortgage · 402(NI)
2006-08-11
legacy
address · 295(NI)
2006-08-03