DECORATORS TOUCH BELFAST LIMITED
- · Oldest live charge 14.8y old — refinance window within 12 months
Opportunity 73/100 (strong), bankability 70/100. Strong seller-intent signal (78/100, director aged 75). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (73/100).
Refinance opportunity
1 live charge · oldest 14.8y
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 14.8 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-05-31 | 2024-05-31 |
|---|---|---|
| Average employees | 9 | 900 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
Corporate timeline (20 events)Click to expand
- 2025-09-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-01-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-02-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-02-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-11-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-05-18📄capital-allotment-sharescapital · SH01
- 2020-12-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-11-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-02-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-01-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-02-28📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-05-12📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2016-01-14📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-05-12📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-11-25📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2014-04-30📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-07-29🔒Charge registered #1Lender: Northern Bank Limited
- 2011-07-08➕COLLINS, Andrew appointeddirector
- 2011-04-14🏢Company incorporatedAs DECORATORS TOUCH BELFAST LIMITED
- 2011-04-14➕COLLINS, Raymond Irwin appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 15 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 75 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 15 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 70+: Senior director is approximately 75 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 15 years.
- 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
1 high ·Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2026-04-28
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Raymond Irwin Collins Individual · British · DOB 11/1951 · age 75 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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8 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 →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
Registered office
Filing status
Officers (2 active · 0 resigned)
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Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Northern Bank Northern Bank Limited | Floating charge | 1 property | 29/07/2011 | — |