WRIGHT CONTRACTS (NEWTOWNARDS) LIMITED

💤Zombieactive
NI610259 · ltd · incorporated 2011-12-06
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 Mar 2025
Net worth
book net assets
Opportunity
78/100
Strong
🔔
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What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
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. 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 (73/100).

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
Confirmed no charges registered
85
Directors & officers
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
0 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
39 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
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
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 · IFRS
Metric2025-03-312024-03-31
Average employees100100

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
5
filings
  • 3 persons-with-significant-control
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2026-01-22
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  2. 2026-01-19
    📄
    change-to-a-person-with-significant-control-without-name-date
    persons-with-significant-control · PSC04
  3. 2026-01-15
    📄
    change-to-a-person-with-significant-control-without-name-date
    persons-with-significant-control · PSC04
  4. 2026-01-15
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2024-12-20
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2023-12-07
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2022-12-16
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2022-09-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2022-08-17
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2022-08-15
    WRIGHT, David Leslie appointed
    director
  11. 2022-08-15
    WRIGHT, Leslie Thomas Henry resigned
    director
  12. 2022-08-15
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2022-08-15
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2022-08-15
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2021-10-11
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  16. 2020-10-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2019-11-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2018-12-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2014-12-10
    WRIGHT, David Leslie resigned
    director
  20. 2011-12-06
    🏢
    Company incorporated
    As WRIGHT CONTRACTS (NEWTOWNARDS) LIMITED
  21. 2011-12-06
    WRIGHT, David Leslie appointed
    director
  22. 2011-12-06
    WRIGHT, Leslie Thomas Henry appointed
    director

Owner dependency

98/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Founder name in company name: Company name contains director surname "WRIGHT" — strong identity link between founder and business.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.

Succession & seller-readiness

55/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

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

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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 →
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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.

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Company details

Statusactive
Typeltd
Incorporated2011-12-06
Jurisdictionnorthern-ireland
Primary SIC99999 — SIC 99999

Registered office

124a Movilla Road
Newtownards
BT23 8RJ
Northern Ireland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-12-20
Last: 2025-12-06

Officers (1 active · 2 resigned)

WRIGHT, David Leslie
director · ~61y · appointed 2022-08-15
View their other companies + combined net worth →
Active
WRIGHT, David Leslie
director · ~61y · appointed 2011-12-06 · resigned 2014-12-10
Resigned
WRIGHT, Leslie Thomas Henry
director · ~84y · appointed 2011-12-06 · resigned 2022-08-15
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
2026-01-22
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-01-22
change-to-a-person-with-significant-control-without-name-date
persons-with-significant-control · PSC04
2026-01-19
change-to-a-person-with-significant-control-without-name-date
persons-with-significant-control · PSC04
2026-01-15
accounts-with-accounts-type-dormant
accounts · AA
2026-01-15
accounts-with-accounts-type-dormant
accounts · AA
2024-12-20
confirmation-statement-with-updates
confirmation-statement · CS01
2024-12-18
confirmation-statement-with-updates
confirmation-statement · CS01
2023-12-18
accounts-with-accounts-type-dormant
accounts · AA
2023-12-07
accounts-with-accounts-type-dormant
accounts · AA
2022-12-16
confirmation-statement-with-updates
confirmation-statement · CS01
2022-12-07
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-09-08
appoint-person-director-company-with-name-date
officers · AP01
2022-08-17
termination-director-company-with-name-termination-date
officers · TM01
2022-08-15
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-08-15