P.D.H. (MIDWAY) LIMITED

🌳Matureactive
NI604697 · ltd · incorporated 2010-10-07
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 12.5y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
78/100
Strong
🔔
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What this business does

Based in Enniskillen, Northern Ireland, this business most likely operates a convenience or grocery retail store — possibly a forecourt or mid-range food-and-drink shop — selling food, beverages, and tobacco products to local customers on a day-to-day basis.

Primary activity: Retail sale in non-specialised stores with food, beverages or tobacco predominating
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 78/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 12.5y

70/100
ready

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

  • · Oldest live charge is 12.5 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (72/100)

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
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
44 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.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-29
Average employees2000

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
2
filings
  • 2 accounts
Last 180 days
3
filings
  • 3 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2026-03-20
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  2. 2026-03-19
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2025-12-20
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  4. 2025-03-28
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  5. 2025-03-18
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  6. 2024-12-20
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  7. 2024-10-23
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  8. 2024-06-26
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  9. 2024-03-21
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  10. 2023-12-21
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  11. 2023-03-24
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  12. 2022-02-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2021-02-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2020-01-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2019-03-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2018-12-20
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  17. 2018-03-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2013-11-07
    🔒
    Charge registered #2
    Lender: Henderson Wholesale Limited
  19. 2013-11-07
    🔒
    Charge registered #1
    Lender: Aib Group (UK) PLC
  20. 2010-10-07
    🏢
    Company incorporated
    As P.D.H. (MIDWAY) LIMITED
  21. 2010-10-07
    HOLDER, Paul Graham appointed
    secretary
  22. 2010-10-07
    HOLDER, Deborah Joy appointed
    director
  23. 2010-10-07
    HOLDER, Paul Graham appointed
    director

Owner dependency

76/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 16 years — deep operational knowledge concentrated in one person.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

59/100
Strong succession signal

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

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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

P.D.H Stores Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
P.D.H Stores Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
P.D.H. (MIDWAY) LIMITED
This company · NI604697

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
P.D.H Stores Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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
Incorporated2010-10-07
Jurisdictionnorthern-ireland
Primary SIC47110 — Retail sale in non-specialised stores with food, beverages or tobacco predominating

Registered office

32 East Bridge Street
Enniskillen
BT74 7BT

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-29
Confirmation statement
Next due: 2026-10-21
Last: 2025-10-07

Officers (3 active · 0 resigned)

HOLDER, Paul Graham
secretary · appointed 2010-10-07
View their other companies + combined net worth →
Active
HOLDER, Deborah Joy
director · ~55y · appointed 2010-10-07
View their other companies + combined net worth →
Active
HOLDER, Paul Graham
director · ~55y · appointed 2010-10-07
View their other companies + combined net worth →
Active

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

Mortgages & charges

2
Total charges
2
Outstanding
2
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Henderson Wholesale
Henderson Wholesale Limited
A registered charge1 property07/11/2013
outstanding
Aib Group (UK)
Aib Group (UK) PLC
A registered charge2 properties07/11/2013
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (44 total)

change-account-reference-date-company-current-extended
accounts · AA01
2026-03-20
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2026-03-19
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-04
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-03-28
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-03-18
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2024-10-23
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-06-26
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-03-21
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-24
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-03-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-19