TERRA FIRMA TILE & BATH LTD

🌳Matureactive
NI612048 · ltd · incorporated 2012-04-03
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 13.9y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Sept 2025
Net worth
—
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: Retail sale of cosmetic and toilet articles in specialised stores
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: active trading company with exceptional profile and bankable structure.

Opportunity 80/100 (exceptional), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 13.9y

85/100
ready

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

  • · Oldest live charge is 13.9 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
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
37 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
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£0Sept 2024Sept 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-09-302024-09-30
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
1
filing
  • • 1 confirmation-statement
Last 180 days
6
filings
  • • 4 persons-with-significant-control
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2026-01-06
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2026-01-06
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2025-12-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2025-12-09
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2025-12-09
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2024-12-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2024-01-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2022-12-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2021-12-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2021-01-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2020-02-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2019-01-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2018-01-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2016-12-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2016-04-08
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2012-07-19
    🔒
    Charge registered #1
    Lender: Northern Bank Limited
  17. 2012-04-13
    ➕
    MCMURRAY, Diane appointed
    director
  18. 2012-04-03
    🏢
    Company incorporated
    As TERRA FIRMA TILE & BATH LTD
  19. 2012-04-03
    ➕
    MCMURRAY, George John appointed
    director

Owner dependency

79/100
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.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 14 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

69/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 14 years.
  • 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.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr George Mcmurray
Individual · British · DOB 06/1967 · age 59
50–75%
50–75%board control50-75% shares · 50-75% voting · board control03/04/2017
Mrs Diane Mcmurray
Individual · British · DOB 11/1963 · age 63
25–50%
25–50%board control25-50% shares · 25-50% voting · board control03/04/2017

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
Incorporated2012-04-03
Jurisdictionnorthern-ireland
Primary SIC47750 — Retail sale of cosmetic and toilet articles in specialised stores

Registered office

Unit 1 212-218 Upper Newtownards Road
Belfast
BT4 3ET

Filing status

Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2027-04-17
Last: 2026-04-03

Officers (2 active · 0 resigned)

MCMURRAY, Diane→
director · ~63y · appointed 2012-04-13
View their other companies + combined net worth →
Active
MCMURRAY, George John→
director · ~59y · appointed 2012-04-03
View their other companies + combined net worth →
Active

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Northern Bank
Northern Bank Limited
Floating charge1 property19/07/2012—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (37 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-13
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-01-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-01-06
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-19
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-12-09
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-12-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-04
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-05
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-17
confirmation-statement-with-updates
confirmation-statement · CS01
2023-04-06
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-05
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-09