MOLLMAC LTD

💤Zombieactive
NI613115 · ltd · incorporated 2012-06-11
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 Jun 2024
Net worth
£12.5k
book net assets
Opportunity
67/100
Strong
🔔
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What this business does
Primary activity: Other specialised construction activities n.e.c.
Sector: Construction
Investor take
Special-situation opportunity
Distressed construction with salvageable qualities — special-situations priority.

Opportunity 67/100 (strong), bankability 57/100. Strong seller-intent signal (60/100, director aged 58). Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (53/100).

🏦

Refinance opportunity

7 live charges · 3 lenders · oldest 7.6y

15/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 7.6 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

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
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
45 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
67/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
55
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
59
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £12,504
Net assets shrinking
Down £43,116 YoY
Cash YoY
+57%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£79k
↑ 57% YoY
Net Worth
£13k
↓ 78% YoY
Current Assets
£2.2m
↑ 24% YoY
Current Liabilities
—
£0£450k£900k£1.3m£1.8m£2.2mJun 2023Jun 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-06-302023-06-30
Total assets£819.2k£585.6k
Current assets£2.25M£1.81M
Cash£78.8k£50.2k
Debtors£1.02M£804.1k
Net assets£12.5k£55.6k

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
3
filings
  • • 3 mortgage
Last 180 days
3
filings
  • • 3 mortgage
Counts from Companies House filing history.
Corporate timeline (36 events)Click to expand
  1. 2026-03-30
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  2. 2026-03-30
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  3. 2026-03-30
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  4. 2026-03-30
    🔓
    Charge satisfied #7
  5. 2026-03-30
    🔓
    Charge satisfied #6
  6. 2026-03-30
    🔓
    Charge satisfied #5
  7. 2025-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2024-03-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2023-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2023-02-10
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  11. 2023-01-31
    🔒
    Charge registered #7
    Lender: Thomas O'gorman
  12. 2023-01-09
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  13. 2023-01-09
    🔓
    Charge satisfied #3
  14. 2022-09-30
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  15. 2022-09-20
    ➕
    MCLOUGHLIN, Susan appointed
    secretary
  16. 2022-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2021-06-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2021-06-21
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  19. 2021-06-21
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  20. 2021-06-21
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  21. 2021-06-21
    🔓
    Charge satisfied #4
  22. 2021-06-15
    🔒
    Charge registered #6
    Lender: Assetz Capital Trust Company Limited
  23. 2021-06-15
    🔒
    Charge registered #5
    Lender: Assetz Capital Trust Company Limited
  24. 2020-10-15
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  25. 2020-10-15
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  26. 2020-10-15
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  27. 2020-10-15
    🔓
    Charge satisfied #2
  28. 2020-10-15
    🔓
    Charge satisfied #1
  29. 2020-10-02
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  30. 2020-09-29
    🔒
    Charge registered #4
    Lender: Thomas O'gorman
  31. 2020-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  32. 2018-11-29
    🔒
    Charge registered #3
    Lender: Mark Mcalister
  33. 2018-10-23
    🔒
    Charge registered #2
    Lender: Thomas O'gorman
  34. 2018-10-23
    🔒
    Charge registered #1
    Lender: Thomas O'gorman
  35. 2012-06-11
    🏢
    Company incorporated
    As MOLLMAC LTD
  36. 2012-06-11
    ➕
    MCLOUGHLIN, Andrew appointed
    director

Owner dependency

88/100
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.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.
  • +No director turnover: Company is 14 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

63/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 14 years.

Red flags

1 high · 1 med ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-03-31

Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mrs Susan Michelle Mcloughlin
Individual · Northern Irish · DOB 07/1965 · age 61
75–100%
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

9 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
Incorporated2012-06-11
Jurisdictionnorthern-ireland
Primary SIC43999 — Other specialised construction activities n.e.c.

Registered office

37 Mullahead Road
Portadown
Co. Armagh
BT62 2LA

Filing status

Accounts
Next due: 2026-03-31OVERDUE
Last made up to: 2024-06-30
Confirmation statement
Next due: 2026-06-23
Last: 2025-06-09

Officers (2 active · 0 resigned)

MCLOUGHLIN, Susan→
secretary · appointed 2022-09-20
View their other companies + combined net worth →
Active
MCLOUGHLIN, Andrew→
director · ~58y · appointed 2012-06-11
View their other companies + combined net worth →
Active

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

Mortgages & charges

7
Total charges
0
Outstanding
0
Active lenders
Status:Lender:7 of 7 shown
TypeProperties
satisfied
Thomas O'gorman / Philomena O'gorman
A registered charge1 property31/01/202330/03/2026
satisfied
Assetz Capital Trust Company
Assetz Capital Trust Company Limited
A registered charge—15/06/202130/03/2026
satisfied
Assetz Capital Trust Company
Assetz Capital Trust Company Limited
A registered charge1 property15/06/202130/03/2026
satisfied
Thomas O'gorman / Philomena O'gorman
A registered charge1 property29/09/202021/06/2021
satisfied
Mark Mcalister
A registered charge1 property29/11/201809/01/2023
satisfied
Thomas O'gorman / Philomena O'gorman
A registered charge1 property23/10/201815/10/2020
satisfied
Thomas O'gorman / Philomena O'gorman
A registered charge1 property23/10/201815/10/2020

Recent filings (45 total)

mortgage-satisfy-charge-full
mortgage · MR04
2026-03-30
mortgage-satisfy-charge-full
mortgage · MR04
2026-03-30
mortgage-satisfy-charge-full
mortgage · MR04
2026-03-30
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-31
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-21
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-29
confirmation-statement-with-updates
confirmation-statement · CS01
2023-06-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-31
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-02-10
mortgage-satisfy-charge-full
mortgage · MR04
2023-01-09
appoint-person-secretary-company-with-name-date
officers · AP03
2022-09-30
confirmation-statement-with-updates
confirmation-statement · CS01
2022-06-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-31