DRUMLISC PROPERTIES LTD

🌳Matureactive

NI064623 · ltd · incorporated 2007-05-11

Investment thesis

Property vehicle with leveraged stack — refinance / partial-release angle.

Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.

Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 18.5y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to May 2025

Net worth

£-316.8k

book net assets

Opportunity

82/100

Exceptional

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What this business does

Primary activity: Buying and selling of own real estate

Sector: Real estate

Investor take

Pass (distressed without resilience)

Distressed property-backed borrower — structural issues outweigh the discount.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 71). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 3 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

3 live charges · oldest 18.5y

65/100

clean up first

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

· Oldest live charge is 18.5 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: medium (77/100)

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

Lenders & charges

3 charges (3/3 with lender, 3/3 with type)

Directors & officers

7 officers (3 active, 7 linked, 4 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

Network not yet resolved

Filing history

61 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

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 105 (micro)

Negative net assets

Liabilities exceed assets by £316,801

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

-£317k

~ YoY

Current Assets

£156

~ YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)

Metric	2025-05-31	2024-05-31
Total assets	£-312.4k	£-301.8k
Current assets	£156	£156
Net assets	£-316.8k	£-315.4k

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

filings

Last 90 days

filing

• 1 accounts

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (31 events)Click to expand

2026-03-25
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-18
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-02-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-05-25
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-02-27
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-08-03
📄
gazette-filings-brought-up-to-date
gazette · DISS40
2019-07-30
📄
gazette-notice-compulsory
gazette · GAZ1
2019-02-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-02-26
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-11-07
📄
gazette-filings-brought-up-to-date
gazette · DISS40
2017-11-06
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2017-11-06
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2017-09-09
📄
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2017-08-01
📄
gazette-notice-compulsory
gazette · GAZ1
2014-11-05
➕
ANDERSON, Derek James appointed
secretary
2014-11-05
➖
BRADSHAW, Evelyn Dorothy resigned
secretary
2014-11-05
➖
BRADSHAW, Evelyn Dorothy resigned
director
2014-11-05
➖
BRADSHAW, Ivan Richard resigned
director
2007-12-14
🔒
Charge registered #2
Lender: Ulster Bank Limited
2007-12-13
🔒
Charge registered #3
Lender: Ulster Bank Limited
2007-11-15
🔒
Charge registered #1
Lender: Ulster Bank Limited
2007-06-01
➕
ANDERSON, Florence Katherine appointed
director
2007-06-01
➕
BRADSHAW, Evelyn Dorothy appointed
director
2007-05-11
🏢
Company incorporated
As DRUMLISC PROPERTIES LTD
2007-05-11
➕
ANDERSON, Derek James appointed
director
2007-05-11
➕
BRADSHAW, Evelyn Dorothy appointed
secretary
2007-05-11
➕
KANE, Dorothy May appointed
secretary
2007-05-11
➖
KANE, Dorothy May resigned
secretary
2007-05-11
➕
BRADSHAW, Ivan Richard appointed
director

Owner dependency

91/100

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 19 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 71 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

89/100

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 71 years old. Natural succession window is now.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
secondary12+ year tenure: Director in role 19 years.
secondaryStable-but-static management: Company is 19 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

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mrs Florence Katherine Anderson Individual · British · DOB 04/1956 · age 70	25–50%	—	25-50% shares	07/04/2016
Mr Derek James Anderson Individual · British · DOB 04/1955 · age 71	25–50%	—	25-50% shares	07/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

8 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

Incorporated2007-05-11

Jurisdictionnorthern-ireland

Primary SIC68100 — Buying and selling of own real estate

Registered office

39 Liscreevin Road Liscreevin Road, Whitehill North

Lisnarick

Enniskillen

County Fermanagh

BT94 1LT

Filing status

Accounts

Next due: 2027-02-28

Last made up to: 2025-05-31

Confirmation statement

Next due: 2026-05-25

Last: 2025-05-11

Officers (3 active · 4 resigned)

ANDERSON, Derek James→

secretary · appointed 2014-11-05

View their other companies + combined net worth →

Active

ANDERSON, Derek James→

director · ~71y · appointed 2007-05-11

View their other companies + combined net worth →

Active

ANDERSON, Florence Katherine→

director · ~70y · appointed 2007-06-01

View their other companies + combined net worth →

Active

BRADSHAW, Evelyn Dorothy→

secretary · appointed 2007-05-11 · resigned 2014-11-05

Resigned

KANE, Dorothy May→

secretary · appointed 2007-05-11 · resigned 2007-05-11

Resigned

BRADSHAW, Evelyn Dorothy→

director · ~69y · appointed 2007-06-01 · resigned 2014-11-05

Resigned

BRADSHAW, Ivan Richard→

director · ~69y · appointed 2007-05-11 · resigned 2014-11-05

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:3 of 3 shown

		Type	Properties
outstanding	NatWest Group Ulster Bank Limited	Mortgage or charge	1 property	14/12/2007	—
outstanding	NatWest Group Ulster Bank Limited	Mortgage or charge	1 property	13/12/2007	—
outstanding	NatWest Group Ulster Bank Limited	Debenture	1 property	15/11/2007	—

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