KILCARN LIMITED

🌳Matureactive
NI073232 · ltd · incorporated 2009-07-17
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
£10.0k
book net assets
Opportunity
69/100
Strong
🔔
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What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pursue
Asset-holding vehicle. Reasonable fundamentals — worth a memo before deciding.

Opportunity 69/100 (strong), bankability 77/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (63/100).

🏦

Refinance opportunity

3 live charges · 3 lenders · oldest 15.7y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 15.7 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 30/100 — workable, but lender will want more DD.

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
15 officers (3 active, 15 linked, 10 with DOB)
83
Ownership & PSC
1 active PSC(s) of 5 total, 5 with control declared
90
Director network
20 connected companies via shared directors
90
Filing history
103 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
69
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £10,000

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£10k
~ YoY
Current Assets
£10k
~ YoY
Current Liabilities
£0£2k£4k£6k£8k£10kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£10.0k£10.0k
Current assets£10.0k£10.0k
Net assets£10.0k£10.0k

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
0
filings
Last 180 days
1
filing
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (54 events)Click to expand
  1. 2025-12-01
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2025-11-17
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  3. 2025-11-17
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2025-11-17
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2025-11-17
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  6. 2025-10-31
    COXON, Lorna Allan appointed
    secretary
  7. 2025-10-31
    COXON, Lorna Allan appointed
    director
  8. 2025-10-31
    BOLTON, Susan resigned
    secretary
  9. 2025-10-31
    BOLTON, Susan resigned
    director
  10. 2025-08-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2024-07-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2023-05-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2022-09-08
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2022-08-08
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2022-08-08
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2022-08-03
    BOLTON, Susan appointed
    director
  17. 2022-08-03
    BROTHERTON, James Edward resigned
    director
  18. 2022-07-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2022-03-01
    ATHERTON-HAM, James West appointed
    director
  20. 2022-03-01
    BOLTON, Susan appointed
    secretary
  21. 2022-03-01
    MCDONALD, Ross Edward resigned
    secretary
  22. 2022-03-01
    MCDONALD, Ross Edward resigned
    director
  23. 2022-03-01
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  24. 2022-03-01
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  25. 2022-03-01
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  26. 2022-03-01
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  27. 2021-07-14
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  28. 2021-07-14
    🔓
    Charge satisfied #3
  29. 2021-06-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  30. 2021-03-17
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  31. 2021-03-17
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  32. 2021-03-16
    BROTHERTON, James Edward appointed
    director
  33. 2021-03-16
    WOOD, Robert resigned
    director
  34. 2020-03-05
    🔓
    Charge satisfied #2
  35. 2018-10-31
    CANAVAN, Declan Vincent resigned
    secretary
  36. 2018-10-31
    MCDONALD, Ross Edward appointed
    secretary
  37. 2018-10-31
    CANAVAN, Declan Vincent resigned
    director
  38. 2018-04-20
    LAGAN, John Patrick Kevin resigned
    director
  39. 2018-04-20
    MCCANN, Sean Gerard resigned
    director
  40. 2018-04-20
    MCDONALD, Ross Edward appointed
    director
  41. 2018-04-20
    WOOD, Robert appointed
    director
  42. 2018-04-20
    🔒
    Charge registered #3
    Lender: Barclays Bank PLC as Security Agent
  43. 2015-01-22
    🔓
    Charge satisfied #1
  44. 2014-12-22
    🔒
    Charge registered #2
    Lender: Northern Bank Limited Trading as Danske Bank as Security Trustee
  45. 2010-09-01
    🔒
    Charge registered #1
    Lender: Northern Bank Limited
  46. 2010-08-30
    CANAVAN, Declan Vincent appointed
    director
  47. 2010-07-17
    CS DIRECTOR SERVICES LIMITED resigned
    corporate-director
  48. 2010-06-28
    MCCANN, Sean Gerard appointed
    director
  49. 2009-08-18
    CANAVAN, Declan Vincent appointed
    secretary
  50. 2009-08-18
    LAGAN, John Patrick Kevin appointed
    director
Showing most recent 50 of 54 events

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

2 med ·
2 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: BOLTON, Susan resigned 2025-10-31; BOLTON, Susan resigned 2025-10-31

Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Whitemountain Quarries Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Whitemountain Quarries Ltd
Corporate parent · holds 75-100% shares
ultimate parent
KILCARN LIMITED
This company · NI073232

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
Whitemountain Quarries Ltd
Corporate entity
75100%
75-100% shares26/10/2018
4 historic (ceased) PSCs
  • Breedon Group Plcceased 26/10/2018· 75-100% shares
  • Mr Peter Gary Woodsceased 20/04/2018· 50-75% shares · significant influence · trust interest
  • Mr Sean Gerard Mccannceased 20/04/2018· 50-75% shares · significant influence · trust interest
  • Mr John Patrick Kevin Laganceased 20/04/2018· 50-75% shares · significant influence · trust interest

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
Incorporated2009-07-17
Jurisdictionnorthern-ireland
Primary SIC99999 — SIC 99999

Registered office

5 Blackwater Road
Newtownabbey
BT36 4TZ
Northern Ireland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-07-31
Last: 2025-07-17

Officers (3 active · 12 resigned)

COXON, Lorna Allan
secretary · appointed 2025-10-31
View their other companies + combined net worth →
Active
ATHERTON-HAM, James West
director · ~56y · appointed 2022-03-01
View their other companies + combined net worth →
Active
COXON, Lorna Allan
director · ~49y · appointed 2025-10-31
View their other companies + combined net worth →
Active
BOLTON, Susan
secretary · appointed 2022-03-01 · resigned 2025-10-31
Resigned
CANAVAN, Declan Vincent
secretary · appointed 2009-08-18 · resigned 2018-10-31
Resigned
MCDONALD, Ross Edward
secretary · appointed 2018-10-31 · resigned 2022-03-01
Resigned
BOLTON, Susan
director · ~54y · appointed 2022-08-03 · resigned 2025-10-31
Resigned
BROTHERTON, James Edward
director · ~57y · appointed 2021-03-16 · resigned 2022-08-03
Resigned
CANAVAN, Declan Vincent
director · ~56y · appointed 2010-08-30 · resigned 2018-10-31
Resigned
LAGAN, John Patrick Kevin
director · ~76y · appointed 2009-08-18 · resigned 2018-04-20
Resigned
MCCANN, Sean Gerard
director · ~60y · appointed 2010-06-28 · resigned 2018-04-20
Resigned
MCDONALD, Ross Edward
director · ~65y · appointed 2018-04-20 · resigned 2022-03-01
Resigned
PALMER, Desmond Robert
director · ~85y · appointed 2009-07-17 · resigned 2009-08-18
Resigned
WOOD, Robert
director · ~60y · appointed 2018-04-20 · resigned 2021-03-16
Resigned
CS DIRECTOR SERVICES LIMITED
corporate-director · appointed 2009-07-17 · resigned 2010-07-17
Resigned

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

Mortgages & charges

3
Total charges
0
Outstanding
0
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
satisfied
Barclays
Barclays Bank PLC as Security Agent
A registered charge20/04/201814/07/2021
satisfied
Northern Bank Trading as Danske Bank as Security Trustee
Northern Bank Limited Trading as Danske Bank as Security Trustee
A registered charge21 properties22/12/201405/03/2020
satisfied
Northern Bank
Northern Bank Limited
Debenture1 property01/09/201022/01/2015

Recent filings (103 total)

change-person-director-company-with-change-date
officers · CH01
2025-12-01
appoint-person-secretary-company-with-name-date
officers · AP03
2025-11-17
appoint-person-director-company-with-name-date
officers · AP01
2025-11-17
termination-director-company-with-name-termination-date
officers · TM01
2025-11-17
termination-secretary-company-with-name-termination-date
officers · TM02
2025-11-17
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-21
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-22
confirmation-statement-with-updates
confirmation-statement · CS01
2023-07-17
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-19
change-person-director-company-with-change-date
officers · CH01
2022-09-08
appoint-person-director-company-with-name-date
officers · AP01
2022-08-08
termination-director-company-with-name-termination-date
officers · TM01
2022-08-08
confirmation-statement-with-updates
confirmation-statement · CS01
2022-07-19