CORRY'S CHEMISTS LTD

🌳Matureactive
NI067772 · ltd · incorporated 2008-01-18
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 18.2y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Feb 2025
Net worth
£402.5k
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: Dispensing chemist in specialised stores
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 78/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: strategic trade sale (63/100).

🏦

Refinance opportunity

2 live charges · oldest 18.2y

65/100
clean up first

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

  • · Oldest live charge is 18.2 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: medium (71/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
7 officers (5 active, 7 linked, 4 with DOB)
81
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
54 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
Some acquirability indicators.
Risk profile
85
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 £402,531

Key financials

1 year extracted from filed iXBRL accounts
Cash
—
Net Worth
£403k
Current Assets
£1.1m
Current Liabilities
—

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-02-28
Total assets£537.1k
Current assets£1.10M
Debtors£270.2k
Net assets£402.5k

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
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2025-10-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-09-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-07-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-07-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-09-14
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2021-07-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-02-16
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  8. 2021-02-16
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  9. 2021-02-16
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  10. 2021-02-16
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  11. 2021-02-16
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  12. 2020-12-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2020-10-19
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2020-10-19
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2020-04-06
    ➕
    CORRY, Fiona Mary appointed
    director
  16. 2020-04-06
    ➕
    CORRY, Patricia Ann appointed
    director
  17. 2019-09-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2018-07-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2008-06-30
    🔒
    Charge registered #2
    Lender: The Governor and Company of the Bank of Ireland
  20. 2008-03-03
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Ireland
  21. 2008-01-18
    🏢
    Company incorporated
    As CORRY'S CHEMISTS LTD
  22. 2008-01-18
    ➕
    CORRY, Patrick appointed
    secretary
  23. 2008-01-18
    ➕
    CORRY, Niall appointed
    director
  24. 2008-01-18
    ➕
    CORRY, Patrick appointed
    director
  25. 2008-01-18
    ➕
    C.S. SECRETARIAL SERVICES LTD appointed
    corporate-secretary
  26. 2008-01-18
    ➖
    C.S. SECRETARIAL SERVICES LTD resigned
    corporate-secretary
  27. 2008-01-18
    ➕
    CS DIRECTOR SERVICES LIMITED appointed
    corporate-director
  28. 2008-01-18
    ➖
    CS DIRECTOR SERVICES LIMITED resigned
    corporate-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.
  • +Founder name in company name: Company name contains director surname "CORRY" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

53/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondary12+ year tenure: Director in role 18 years.
  • secondaryStable-but-static management: Company is 18 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.)

Group structure

Corry Holdings (One) Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Corry Holdings (One) Ltd
Corporate parent · holds 75-100% shares
ultimate parent
⬇
CORRY'S CHEMISTS LTD
This company · NI067772

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Corry Holdings (One) Ltd
Corporate entity
75–100%
—75-100% shares27/09/2019
3 historic (ceased) PSCs
  • Corrys Enniskillen Ltdceased 27/09/2019· 75-100% shares
  • Mr Niall Corryceased 31/07/2018· 25-50% shares
  • Mr Patrick John Corryceased 31/07/2018· 25-50% shares

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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 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
Incorporated2008-01-18
Jurisdictionnorthern-ireland
Primary SIC47730 — Dispensing chemist in specialised stores

Registered office

13-14 The Diamond
Castlederg
County Tyrone
BT81 7AR
Northern Ireland

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-02-01
Last: 2026-01-18

Officers (5 active · 2 resigned)

CORRY, Patrick→
secretary · appointed 2008-01-18
View their other companies + combined net worth →
Active
CORRY, Fiona Mary→
director · ~46y · appointed 2020-04-06
View their other companies + combined net worth →
Active
CORRY, Niall→
director · ~51y · appointed 2008-01-18
View their other companies + combined net worth →
Active
CORRY, Patricia Ann→
director · ~50y · appointed 2020-04-06
View their other companies + combined net worth →
Active
CORRY, Patrick→
director · ~47y · appointed 2008-01-18
View their other companies + combined net worth →
Active
C.S. SECRETARIAL SERVICES LTD→
corporate-secretary · appointed 2008-01-18 · resigned 2008-01-18
Resigned
CS DIRECTOR SERVICES LIMITED→
corporate-director · appointed 2008-01-18 · resigned 2008-01-18
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
The Governor and Company of the Bank of Ireland
Mortgage or charge1 property30/06/2008—
outstanding
The Governor and Company of the Bank of Ireland
Debenture1 property03/03/2008—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (54 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-21
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-09-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-16
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2021-02-16
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-02-16
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2021-02-16