HANWOOD STORAGE LIMITED

🌳Matureactive

NI069697 · ltd · incorporated 2008-06-20

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

hardening · 12-months

Already tight — no obvious softening catalysts on the horizon.

· Thesis: well-run, low negotiation leverage

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Dec 2024

Net worth

—

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: Non-trading company

Sector: Professional, scientific & technical

Investor take

Pursue

Dormant / non-trading with a 70-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 70). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (78/100)

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

Confirmed no charges registered

Directors & officers

4 officers (3 active, 4 linked, 2 with DOB)

Ownership & PSC

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

Director network

1 connected companies via shared directors

Filing history

43 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

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

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2024-12-31	2023-12-31
Total assets	—	£2
Current assets	—	£2
Net assets	—	£2

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

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (21 events)Click to expand

2025-09-29
📄
accounts-with-accounts-type-dormant
accounts · AA
2024-09-20
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-13
📄
accounts-with-accounts-type-dormant
accounts · AA
2022-09-29
📄
accounts-with-accounts-type-dormant
accounts · AA
2021-09-22
📄
accounts-with-accounts-type-dormant
accounts · AA
2020-09-23
📄
accounts-with-accounts-type-dormant
accounts · AA
2019-08-29
📄
accounts-with-accounts-type-dormant
accounts · AA
2018-09-28
📄
accounts-with-accounts-type-dormant
accounts · AA
2017-09-27
📄
accounts-with-accounts-type-dormant
accounts · AA
2017-07-03
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2016-09-29
📄
accounts-with-accounts-type-dormant
accounts · AA
2016-07-01
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-09-17
📄
accounts-with-accounts-type-dormant
accounts · AA
2015-06-26
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-09-19
📄
accounts-with-accounts-type-dormant
accounts · AA
2008-06-20
🏢
Company incorporated
As HANWOOD STORAGE LIMITED
2008-06-20
➕
MORROW, Robert Peter appointed
secretary
2008-06-20
➕
MORROW, Gillian appointed
director
2008-06-20
➕
MORROW, Robert Peter appointed
director
2008-06-20
➕
KANE, Dorothy May appointed
secretary
2008-06-20
➖
KANE, Dorothy May resigned
secretary

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 18 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 70 — 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 70 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 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.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mr Robert Peter Morrow Individual · British · DOB 10/1956 · age 70	75–100%	—	75-100% shares	03/07/2017

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

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BES PPP LIMITED→ NI628267 · est 2014	—	—	—	0	11y	84	64y
BALLYNAGARD PROPERTIES LIMITED→ NI019977 · est 1986	—	—	—	0	39y	83	88y
BELFAST SOUTH COMMUNITY RESOURCES→ NI053950 · est 2005 · no financials extracted	—	—	—	—	21y	83	68y
CASHEL DEVELOPMENTS LIMITED→ NI035082 · est 1998 · no financials extracted	—	—	—	—	27y	83	71y
DENROY GROUP LIMITED→ NI009327 · est 1973 · no financials extracted	—	—	—	—	53y	83	77y
DONIBRISTLE TRUST→ NI038400 · est 2000	—	—	—	0	26y	83	70y
DONNYBROOK RETAIL LIMITED→ NI605448 · est 2010	—	—	—	0	15y	83	58y
FOYLE WOMEN'S AID→ NI023041 · est 1989 · no financials extracted	—	—	—	—	36y	83	69y

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.

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Company details

Statusactive

Typeltd

Incorporated2008-06-20

Jurisdictionnorthern-ireland

Primary SIC74990 — Non-trading company

Registered office

At The Offices Of

John Mcveigh & Company

61 Malone Road

Belfast

BT9 6SA

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2026-07-08

Last: 2025-06-24

Officers (3 active · 1 resigned)

MORROW, Robert Peter→

secretary · appointed 2008-06-20

View their other companies + combined net worth →

Active

MORROW, Gillian→

director · ~69y · appointed 2008-06-20

View their other companies + combined net worth →

Active

MORROW, Robert Peter→

director · ~70y · appointed 2008-06-20

View their other companies + combined net worth →

Active

KANE, Dorothy May→

secretary · appointed 2008-06-20 · resigned 2008-06-20

Resigned

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