FERNMOUNT TRADING (N.I.) LTD

💤Zombieactive
NI614285 · ltd · incorporated 2012-09-03
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 Sept 2024
Net worth
£-1.1k
book net assets
Opportunity
73/100
Strong
🔔
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 73/100 (strong), bankability 77/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: distressed disposal / insolvency (65/100).

🏦

Refinance opportunity

9 live charges · 4 lenders · oldest 12.5y

15/100
under pressure

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

  • · Oldest live charge is 12.5 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (83/100)

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
9 charges (9/9 with lender, 9/9 with type)
90
Directors & officers
5 officers (1 active, 5 linked, 5 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
73 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
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
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Negative net assets
Liabilities exceed assets by £1,087
Net assets shrinking
Down £388,549 YoY
Cash YoY
+12341%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£29k
↑ 12341% YoY
Net Worth
-£1k
↓ 100% YoY
Current Assets
£32k
↓ 73% YoY
Current Liabilities
—
-£1k£77k£154k£232k£310k£387kSept 2023Sept 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-09-272023-09-27
Total assets£10.6k£540.5k
Current assets£31.6k£116.7k
Cash£28.9k£232
Debtors£2.8k£116.4k
Net assets£-1.1k£387.5k

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
1
filing
  • • 1 confirmation-statement
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (46 events)Click to expand
  1. 2025-05-16
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2025-03-21
    ➕
    BARR, Ciaran Brendan appointed
    director
  3. 2025-03-21
    ➖
    GIBBONS, James resigned
    director
  4. 2025-03-21
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  5. 2025-03-21
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2025-03-21
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  7. 2025-03-21
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2025-03-21
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  9. 2025-03-21
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2024-06-14
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  11. 2024-05-13
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  12. 2024-05-13
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  13. 2024-05-13
    🔓
    Charge satisfied #9
  14. 2024-05-13
    🔓
    Charge satisfied #8
  15. 2024-02-16
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  16. 2024-02-16
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  17. 2024-02-16
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  18. 2024-02-16
    🔓
    Charge satisfied #7
  19. 2024-02-16
    🔓
    Charge satisfied #6
  20. 2024-02-16
    🔓
    Charge satisfied #5
  21. 2023-06-22
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  22. 2022-08-03
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  23. 2022-03-29
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  24. 2022-03-29
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  25. 2022-03-25
    🔒
    Charge registered #9
    Lender: Belfast Commercial Funding (FT1) Limited
  26. 2022-03-25
    🔒
    Charge registered #8
    Lender: Belfast Commercial Funding (FT1) Limited
  27. 2021-06-23
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  28. 2017-05-23
    🔓
    Charge satisfied #4
  29. 2017-05-23
    🔓
    Charge satisfied #3
  30. 2017-05-23
    🔓
    Charge satisfied #2
  31. 2017-05-23
    🔓
    Charge satisfied #1
  32. 2016-11-15
    🔒
    Charge registered #7
    Lender: Assetz Captial Trust Company Limited (As Security Trustee)
  33. 2016-11-15
    🔒
    Charge registered #6
    Lender: Assetz Captial Trust Company Limited (As Security Trustee)
  34. 2016-11-15
    🔒
    Charge registered #5
    Lender: Assetz Captial Trust Company Limited (As Security Trustee)
  35. 2016-04-29
    ➕
    GIBBONS, James appointed
    director
  36. 2016-04-29
    ➖
    HUGHES, Carol resigned
    director
  37. 2014-09-04
    ➖
    O REILLY, Margaret Anne resigned
    director
  38. 2013-11-22
    🔒
    Charge registered #4
    Lender: Meridian Trust Company Limited
  39. 2013-11-22
    🔒
    Charge registered #3
    Lender: Meridian Trust Company Limited
  40. 2013-11-22
    🔒
    Charge registered #2
    Lender: Meridian Mortgage Corporation Limited
  41. 2013-11-22
    🔒
    Charge registered #1
    Lender: Meridian Mortgage Corporation Limited
  42. 2013-10-01
    ➖
    JENKINS, Martina resigned
    director
  43. 2013-10-01
    ➕
    O REILLY, Margaret Anne appointed
    director
  44. 2012-11-07
    ➕
    JENKINS, Martina appointed
    director
  45. 2012-09-03
    🏢
    Company incorporated
    As FERNMOUNT TRADING (N.I.) LTD
  46. 2012-09-03
    ➕
    HUGHES, Carol 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

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 med ·
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.

Group structure

Improve Business Consultants Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Improve Business Consultants Ltd
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
FERNMOUNT TRADING (N.I.) LTD
This company · NI614285

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Improve Business Consultants Ltd
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control21/03/2025
Mr Ciaran Brendan Barr
Individual · Irish · DOB 02/1982 · age 44
——sig. influencesignificant influence21/03/2025
1 historic (ceased) PSC
  • Mr Keith David Burantceased 21/03/2025· 75-100% shares · 75-100% voting · board control

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

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
Incorporated2012-09-03
Jurisdictionnorthern-ireland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Office 5b Townsend Street
Belfast
BT13 2ES
Northern Ireland

Filing status

Accounts
Next due: 2026-06-27
Last made up to: 2024-09-27
Confirmation statement
Next due: 2027-04-16
Last: 2026-04-02

Officers (1 active · 4 resigned)

BARR, Ciaran Brendan→
director · ~44y · appointed 2025-03-21
View their other companies + combined net worth →
Active
GIBBONS, James→
director · ~62y · appointed 2016-04-29 · resigned 2025-03-21
Resigned
HUGHES, Carol→
director · ~68y · appointed 2012-09-03 · resigned 2016-04-29
Resigned
JENKINS, Martina→
director · ~59y · appointed 2012-11-07 · resigned 2013-10-01
Resigned
O REILLY, Margaret Anne→
director · ~56y · appointed 2013-10-01 · resigned 2014-09-04
Resigned

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

Mortgages & charges

9
Total charges
0
Outstanding
0
Active lenders
Status:Lender:9 of 9 shown
TypeProperties
satisfied
Belfast Commercial Funding (FT1)
Belfast Commercial Funding (FT1) Limited
A registered charge—25/03/202213/05/2024
satisfied
Belfast Commercial Funding (FT1)
Belfast Commercial Funding (FT1) Limited
A registered charge2 properties25/03/202213/05/2024
satisfied
Assetz Captial Trust Company (As Security Trustee)
Assetz Captial Trust Company Limited (As Security Trustee)
A registered charge—15/11/201616/02/2024
satisfied
Assetz Captial Trust Company (As Security Trustee)
Assetz Captial Trust Company Limited (As Security Trustee)
A registered charge—15/11/201616/02/2024
satisfied
Assetz Captial Trust Company (As Security Trustee)
Assetz Captial Trust Company Limited (As Security Trustee)
A registered charge1 property15/11/201616/02/2024
satisfied
Meridian Trust Company
Meridian Trust Company Limited
A registered charge2 properties22/11/201323/05/2017
satisfied
Meridian Trust Company
Meridian Trust Company Limited
A registered charge1 property22/11/201323/05/2017
satisfied
Meridian Mortgage Corporation
Meridian Mortgage Corporation Limited
A registered charge1 property22/11/201323/05/2017
satisfied
Meridian Mortgage Corporation
Meridian Mortgage Corporation Limited
A registered charge2 properties22/11/201323/05/2017

Recent filings (73 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-16
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-05-16
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-02
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-24
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-03-21
termination-director-company-with-name-termination-date
officers · TM01
2025-03-21
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-03-21
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-03-21
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-03-21
appoint-person-director-company-with-name-date
officers · AP01
2025-03-21
confirmation-statement-with-updates
confirmation-statement · CS01
2024-08-12
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-06-14
mortgage-satisfy-charge-full
mortgage · MR04
2024-05-13
mortgage-satisfy-charge-full
mortgage · MR04
2024-05-13
mortgage-satisfy-charge-full
mortgage · MR04
2024-02-16