DAVID MCKEE CONTRACTS LIMITED

🌳Matureactive
NI603921 · ltd · incorporated 2010-07-29
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
79/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: Construction of commercial buildings
Sector: Construction
Investor take
Pursue
Active trading company. Family succession underway — not a classic acquisition target.

Opportunity 79/100 (strong), bankability 67/100. Same-surname younger director in place — likely family handover, not open to sale. 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: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

4 live charges · 3 lenders · oldest 14.8y

35/100
too messy

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

  • · Oldest live charge is 14.8 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

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
75
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
5 officers (3 active, 5 linked, 5 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
46 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Mar 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
Average employees500500

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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
  1. 2025-10-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-05-14
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  4. 2024-05-14
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  5. 2024-05-14
    🔓
    Charge satisfied #3
  6. 2024-05-14
    🔓
    Charge satisfied #2
  7. 2023-09-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-10-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2022-10-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2022-10-01
    ➕
    MCKEE, William appointed
    director
  11. 2021-09-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2020-11-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2019-12-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2018-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2018-01-16
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  16. 2018-01-15
    🔒
    Charge registered #4
    Lender: Northern Bank Limited
  17. 2018-01-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2017-11-07
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  19. 2017-11-07
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  20. 2017-10-27
    🔒
    Charge registered #3
    Lender: Yvonne Mckee
  21. 2017-10-27
    🔒
    Charge registered #2
    Lender: Richard Mckee
  22. 2016-10-20
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  23. 2011-07-21
    🔒
    Charge registered #1
    Lender: Northern Bank Limited
  24. 2010-08-23
    ➕
    MCKEE, Janice appointed
    director
  25. 2010-08-23
    ➖
    MCKEE, Jamie resigned
    director
  26. 2010-08-02
    ➕
    MCKEE, David appointed
    director
  27. 2010-08-02
    ➕
    MCKEE, Jamie appointed
    director
  28. 2010-08-02
    ➖
    MURESAN, Bernadette Noeleen resigned
    director
  29. 2010-07-29
    🏢
    Company incorporated
    As DAVID MCKEE CONTRACTS LIMITED
  30. 2010-07-29
    ➕
    MURESAN, Bernadette Noeleen 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
  • +Founder name in company name: Company name contains director surname "MCKEE" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 16 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 64 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

33/100
Weak signal

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

SIGNALS
  • primaryFamily succession underway: Not a takeover target — MCKEE, William (same surname) appointed 2022-10-01. Pattern consistent with intra-family handover.
  • primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
  • secondary12+ year tenure: Director in role 16 years.
  • secondaryStable-but-static management: Company is 16 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

1 med ·
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.

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Janice Mckee
Individual · Irish · DOB 05/1965 · age 61
25–50%
25–50%25-50% shares · 25-50% voting29/07/2016
Mr David Mckee
Individual · Irish · DOB 08/1962 · age 64
25–50%
25–50%25-50% shares · 25-50% voting29/07/2016

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

Similar companies

Active · Construction · BT postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
E.J.C. CONTRACTS LTD→
NI045412 · est 2003
£24.60M
£17.57M–£31.62M
£27.26M—770023y9054y
P MCVEY BUILDING SYSTEMS LTD→
NI634141 · est 2015
£14.13M
£10.09M–£18.17M
£24.15M—540010y9066y
M.J. MCBRIDE CONSTRUCTION LTD→
NI066620 · est 2007
£14.06M
£10.04M–£18.07M
£19.82M—150018y8777y
P MCK LTD→
NI062901 · est 2007
£7.58M
£5.42M–£9.75M
£16.85M—510019y8771y
CORICK INVESTMENTS LIMITED→
NI025056 · est 1990
£6.35M
£4.54M–£8.16M
——035y9269y
BAYVIEW CONTRACTS LTD→
NI041488 · est 2001
£4.57M
£3.26M–£5.87M
£24.46M—1790024y8761y
ADSTON (UK) LIMITED→
NI605512 · est 2010
£4.00M
£2.86M–£5.15M
£11.40M—110015y10079y
BUILDCON HOMES LIMITED→
NI048752 · est 2003
———70022y8782y
WOODSIDE RESIDENTIAL INVESTMENTS LTD→
NI675975 · est 2021 · no financials extracted
————5y——
WORKTOP PRECISION (N.I.) LIMITED→
NI635835 · est 2016 · no financials extracted
————10y——
WRB RENEWABLES LTD→
NI708651 · est 2024 · no financials extracted
————2y——
WRC FITTERS LTD→
NI649670 · est 2017 · no financials extracted
————8y——
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
Incorporated2010-07-29
Jurisdictionnorthern-ireland
Primary SIC41201 — Construction of commercial buildings

Registered office

25 Ballymageogh Road
Kilkeel
Newry
County Down
BT34 4HW

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-08-12
Last: 2025-07-29

Officers (3 active · 2 resigned)

MCKEE, David→
director · ~64y · appointed 2010-08-02
View their other companies + combined net worth →
Active
MCKEE, Janice→
director · ~61y · appointed 2010-08-23
View their other companies + combined net worth →
Active
MCKEE, William→
director · ~35y · appointed 2022-10-01
View their other companies + combined net worth →
Active
MCKEE, Jamie→
director · ~61y · appointed 2010-08-02 · resigned 2010-08-23
Resigned
MURESAN, Bernadette Noeleen→
director · ~68y · appointed 2010-07-29 · resigned 2010-08-02
Resigned

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

Mortgages & charges

4
Total charges
2
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
Northern Bank
Northern Bank Limited
A registered charge2 properties15/01/2018—
satisfied
Yvonne Mckee
A registered charge1 property27/10/201714/05/2024
satisfied
Richard Mckee
A registered charge1 property27/10/201714/05/2024
outstanding
Northern Bank
Northern Bank Limited
Floating charge1 property21/07/2011—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (46 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-06
mortgage-satisfy-charge-full
mortgage · MR04
2024-05-14
mortgage-satisfy-charge-full
mortgage · MR04
2024-05-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-12
appoint-person-director-company-with-name-date
officers · AP01
2022-10-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-11-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-08-13