CURRAN OPTOMETRISTS LTD
- · Oldest live charge 19.1y old — refinance window within 12 months
Opportunity 52/100 (worth a look), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: Resolve: Company in liquidation. Company is actively being wound up. Not a going concern. Most likely exit: distressed disposal / insolvency (65/100). Current lenders should be on monthly review.
Refinance opportunity
1 live charge · oldest 19.1y
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 19.1 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 45/100 (high).
Data confidence
Overall: medium (69/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
1 year extracted from filed iXBRL accountsFinancials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-09-30 |
|---|---|
| Total assets | £190.0k |
| Current assets | £193.2k |
| Cash | £140.7k |
| Debtors | £14.9k |
| Net assets | £183.1k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 2 address
- • 2 insolvency
- • 1 resolution
- • 2 address
- • 2 insolvency
- • 1 resolution
Corporate timeline (23 events)Click to expand
- 2026-04-23📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2026-04-14📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2026-04-08⚠️liquidation-declaration-of-solvency-northern-irelandinsolvency · 4.71(NI)
- 2026-04-08⚠️liquidation-appointment-of-liquidatorinsolvency · VL1
- 2026-04-08📄resolutionresolution · RESOLUTIONS
- 2026-03-13📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2025-01-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-04-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-01-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-02-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-01-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-01-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-01-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-01-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-02-08📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2007-05-03🔒Charge registered #1Lender: Northern Bank Limited
- 2006-09-25🏢Company incorporatedAs CURRAN OPTOMETRISTS LTD
- 2006-09-25➕CURRAN, Patricia Mary appointedsecretary
- 2006-09-25➕CURRAN, Bernard Joseph appointeddirector
- 2006-09-25➕C.S. SECRETARIAL SERVICES LTD appointedcorporate-secretary
- 2006-09-25➖C.S. SECRETARIAL SERVICES LTD resignedcorporate-secretary
- 2006-09-25➕CS DIRECTOR SERVICES LIMITED appointedcorporate-director
- 2006-09-25➖CS DIRECTOR SERVICES LIMITED resignedcorporate-director
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Founder name in company name: Company name contains director surname "CURRAN" — strong identity link between founder and business.
- +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
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- 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.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
2 high · 1 lowCompany is actively being wound up. Not a going concern.
Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2026-04-08: liquidation-declaration-of-solvency-northern-ireland; 2026-04-08: liquidation-appointment-of-liquidator
Multiple address changes in a short period can indicate operational instability or admin disorder.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Bernard Joseph Curran Individual · Irish · DOB 06/1966 · age 60 | 75–100% | — | 75-100% shares | 01/06/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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10 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 →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
Registered office
Filing status
Officers (2 active · 2 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Northern Bank Northern Bank Limited | Mortgage or charge | 1 property | 03/05/2007 | — |