QH CONSTRUCTION LTD

💤Zombieactive
NI606017 · ltd · incorporated 2011-02-02
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Feb 2025
Net worth
£54.2k
book net assets
Opportunity
74/100
Strong
🔔
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What this business does
Primary activity: Construction of domestic buildings
Sector: Construction
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 74/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (79/100)

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
Confirmed no charges registered
85
Directors & officers
4 officers (1 active, 4 linked, 3 with DOB)
85
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
39 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £54,235
Net assets shrinking
Down £1,234 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£54k
↓ 2.2% YoY
Current Assets
£110k
↑ 14% YoY
Current Liabilities
—
£0£22k£44k£66k£88k£110kFeb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-02-282024-02-29
Total assets£55.3k£111.1k
Current assets£110.5k£96.6k
Net assets£54.2k£55.5k

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
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2025-11-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-09-16
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2025-08-08
    📄
    second-filing-of-director-termination-with-name
    officers · RP04TM01
  4. 2025-07-31
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2024-11-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2024-03-01
    ➖
    HANNA, Mary resigned
    director
  7. 2023-12-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2022-11-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2021-11-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2021-04-19
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  11. 2021-02-11
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  12. 2021-01-01
    ➖
    KANE, Michael resigned
    secretary
  13. 2020-11-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2020-02-11
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2020-02-01
    ➕
    HANNA, Barry appointed
    director
  16. 2019-11-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2018-10-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2017-11-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2012-01-31
    ➖
    QUINN, Anita resigned
    director
  20. 2011-02-02
    🏢
    Company incorporated
    As QH CONSTRUCTION LTD
  21. 2011-02-02
    ➕
    KANE, Michael appointed
    secretary
  22. 2011-02-02
    ➕
    HANNA, Mary appointed
    director
  23. 2011-02-02
    ➕
    QUINN, Anita 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
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

55/100
Strong succession signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 15 years old and no new directors in the last 3 years — succession not yet being planned internally.

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

2 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Ms Mary Hanna
Individual · Irish · DOB 07/1978 · age 48
75–100%
—75-100% shares06/04/2016
Mr Barry Hanna
Individual · Irish · DOB 10/1973 · age 53
25–50%
—25-50% shares01/01/2020

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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E.J.C. CONTRACTS LTD→
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£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
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——035y9269y
BAYVIEW CONTRACTS LTD→
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£4.57M
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ADSTON (UK) LIMITED→
NI605512 · est 2010
£4.00M
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F G ANDERSON & SONS LTD→
NI681234 · est 2021
£2.79M
£1.99M–£3.59M
——04y8569y
THORNTON ROOFING (IRELAND) LIMITED→
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£2.68M
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——7026y8564y
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
Incorporated2011-02-02
Jurisdictionnorthern-ireland
Primary SIC41202 — Construction of domestic buildings

Registered office

2 Market Place
3rd Floor
Carrickfergus
Antrim
BT38 7AW

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-02-16
Last: 2026-02-02

Officers (1 active · 3 resigned)

HANNA, Barry→
director · ~53y · appointed 2020-02-01
View their other companies + combined net worth →
Active
KANE, Michael→
secretary · appointed 2011-02-02 · resigned 2021-01-01
Resigned
HANNA, Mary→
director · ~48y · appointed 2011-02-02 · resigned 2024-03-01
Resigned
QUINN, Anita→
director · ~51y · appointed 2011-02-02 · resigned 2012-01-31
Resigned

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

Recent filings (39 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-11
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-09-16
second-filing-of-director-termination-with-name
officers · RP04TM01
2025-08-08
termination-director-company-with-name-termination-date
officers · TM01
2025-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-07
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-05
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-09
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-07
accounts-with-accounts-type-micro-entity
accounts · AA
2021-11-22
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-04-19
termination-secretary-company-with-name-termination-date
officers · TM02
2021-02-11