INSURE I LIMITED

🌳Matureactive
NI072940 · ltd · incorporated 2009-06-18
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 5.3y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£1.62M
book net assets
Opportunity
83/100
Exceptional
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What this business does
Primary activity: Non-life insurance
Sector: Financial & insurance
Investor take
Pursue
Active trading company with a 66-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 66). Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (73/100).

🏦

Refinance opportunity

2 live charges · oldest 5.3y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 5.3 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (83/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
9 officers (4 active, 9 linked, 6 with DOB)
83
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
22 connected companies via shared directors
90
Filing history
96 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
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 £1,615,251
Cash YoY
+14%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£262k
↑ 14% YoY
Net Worth
£1.6m
↑ 3.6% YoY
Current Assets
£468k
↓ 7.6% YoY
Current Liabilities
—
£0£323k£646k£969k£1.3m£1.6mMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Total assets£2.09M£2.22M
Current assets£467.8k£506.6k
Cash£262.1k£229.4k
Debtors£205.8k£277.2k
Net assets£1.62M£1.56M

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

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (35 events)Click to expand
  1. 2026-03-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2025-03-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2025-03-06
    📄
    memorandum-articles
    incorporation · MA
  4. 2025-03-06
    📄
    resolution
    resolution · RESOLUTIONS
  5. 2025-03-06
    📄
    capital-allotment-shares
    capital · SH01
  6. 2024-10-24
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2024-03-20
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  8. 2024-03-20
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2023-09-04
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2023-01-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2022-11-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2022-07-05
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  13. 2022-06-17
    🔒
    Charge registered #2
    Lender: Northern Bank Limited
  14. 2021-11-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2021-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2021-02-19
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  17. 2021-02-17
    🔒
    Charge registered #1
    Lender: Northern Bank Limited
  18. 2019-12-18
    📄
    accounts-with-accounts-type-small
    accounts · AA
  19. 2019-05-08
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  20. 2019-05-08
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  21. 2013-06-30
    ➖
    HIGGINS, Cornelius John resigned
    director
  22. 2010-06-28
    ➖
    HIGGINS, Gavin resigned
    secretary
  23. 2009-09-25
    ➕
    HIGGINS, Gavin Mark appointed
    secretary
  24. 2009-09-25
    ➕
    HIGGINS, Gavin appointed
    secretary
  25. 2009-09-25
    ➖
    GOODBODY NORTHERN IRELAND SECRETARIAL LIMITED resigned
    corporate-secretary
  26. 2009-08-18
    ➕
    HIGGINS, Gavin Mark appointed
    director
  27. 2009-08-18
    ➕
    HIGGINS, Cornelius John appointed
    director
  28. 2009-07-01
    ➕
    SONGRA, Ashok appointed
    director
  29. 2009-07-01
    ➕
    THARMARATNAM, Suresh, Dr appointed
    director
  30. 2009-07-01
    ➖
    RICHARDSON, Lisa Jayne resigned
    director
  31. 2009-07-01
    ➖
    THOMPSON, Jason Mark resigned
    director
  32. 2009-06-18
    🏢
    Company incorporated
    As INSURE I LIMITED
  33. 2009-06-18
    ➕
    GOODBODY NORTHERN IRELAND SECRETARIAL LIMITED appointed
    corporate-secretary
  34. 2009-06-18
    ➕
    RICHARDSON, Lisa Jayne appointed
    director
  35. 2009-06-18
    ➕
    THOMPSON, Jason Mark appointed
    director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 66 — succession pressure is live.

Succession & seller-readiness

73/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
  • secondary12+ year tenure: Director in role 17 years.
  • secondaryStable-but-static management: Company is 17 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
NameSharesVoting rightsNature of controlNotified
Dr Suresh Tharmaratnam
Individual · British · DOB 02/1963 · age 63
25–50%
25–50%25-50% shares · 25-50% voting12/04/2019
1 historic (ceased) PSC
  • 352 Medical Limitedceased 12/04/2019· 75-100% shares · 75-100% voting

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

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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2009-06-18
Jurisdictionnorthern-ireland
Primary SIC65120 — Non-life insurance

Registered office

Unit 1, Potters Quay
Ravenhill Road
Belfast
BT6 8DN
Northern Ireland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-09-17
Last: 2025-09-03

Officers (4 active · 5 resigned)

HIGGINS, Gavin Mark→
secretary · appointed 2009-09-25
View their other companies + combined net worth →
Active
HIGGINS, Gavin Mark→
director · ~63y · appointed 2009-08-18
View their other companies + combined net worth →
Active
SONGRA, Ashok→
director · ~66y · appointed 2009-07-01
View their other companies + combined net worth →
Active
THARMARATNAM, Suresh, Dr→
director · ~63y · appointed 2009-07-01
View their other companies + combined net worth →
Active
HIGGINS, Gavin→
secretary · appointed 2009-09-25 · resigned 2010-06-28
Resigned
GOODBODY NORTHERN IRELAND SECRETARIAL LIMITED→
corporate-secretary · appointed 2009-06-18 · resigned 2009-09-25
Resigned
HIGGINS, Cornelius John→
director · ~91y · appointed 2009-08-18 · resigned 2013-06-30
Resigned
RICHARDSON, Lisa Jayne→
director · ~48y · appointed 2009-06-18 · resigned 2009-07-01
Resigned
THOMPSON, Jason Mark→
director · ~59y · appointed 2009-06-18 · resigned 2009-07-01
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
Northern Bank
Northern Bank Limited
A registered charge2 properties17/06/2022—
outstanding
Northern Bank
Northern Bank Limited
A registered charge—17/02/2021—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (96 total)

accounts-with-accounts-type-unaudited-abridged
accounts · AA
2026-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-04
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-03-31
memorandum-articles
incorporation · MA
2025-03-06
resolution
resolution · RESOLUTIONS
2025-03-06
capital-allotment-shares
capital · SH01
2025-03-06
change-person-director-company-with-change-date
officers · CH01
2024-10-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-03
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-03-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-03-20
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-04
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-09-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-08
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-11-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-07