MCNALLYS LATE NIGHT PHARMACY LTD
Opportunity 72/100 (strong), bankability 85/100. 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 (58/100).
Refinance opportunity
3 live charges · 2 lenders · oldest 12.2y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 12.2 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
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 |
|---|---|---|
| Total assets | £-2.01M | £-2.38M |
| Current assets | £5.38M | £4.94M |
| Debtors | £151.9k | £138.9k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
2 signals 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
- • 3 persons-with-significant-control
- • 1 accounts
- • 3 persons-with-significant-control
- • 1 accounts
Corporate timeline (25 events)Click to expand
- 2026-04-24📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2026-04-24📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-04-24📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2026-02-27📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-10-28📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-10-22📄change-person-director-company-with-change-dateofficers · CH01
- 2025-10-22📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-02-26📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-02-25📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-02-25📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-02-25📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-02-25🔓Charge satisfied #3
- 2025-02-25🔓Charge satisfied #2
- 2025-02-25🔓Charge satisfied #1
- 2024-02-27📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-02-20📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2022-12-19📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-09-29📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-12-22📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-12-09📄accounts-with-accounts-type-audited-abridgedaccounts · AA
- 2014-03-28🔒Charge registered #3Lender: The Governor and Company of the Bank of Ireland as Security Trustee for Each of the Governor and Company of the Bank of Ireland and Bank of Ireland (UK) PLC
- 2014-03-28🔒Charge registered #2Lender: The Governor and Company of the Bank of Ireland as Security Trustee for Each of the Governor and Company of the Bank of Ireland and Bank of Ireland (UK) PLC
- 2014-03-28🔒Charge registered #1Lender: The Governor and Company of the Bank of Ireland as Security Trustee for Each of the Governor and Company of the Bank of Ireland and Bank of Ireland (UK) PLC.
- 2012-10-17🏢Company incorporatedAs MCNALLYS LATE NIGHT PHARMACY LTD
- 2012-10-17➕MCPOLIN, Jack appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +No director turnover: Company is 14 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- 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
1 med ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Totalvale Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Totalvale Limited Corporate entity | 75–100% | — | 75-100% shares | 01/01/2025 |
1 historic (ceased) PSC
- Mr Jack Mcpolinceased 01/01/2025· 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.
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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 →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 (1 active · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | The Governor and Company of the Bank of Ireland as Security Trustee for Each of the Governor and Company of the Bank of Ireland and Bank of Ireland (UK) The Governor and Company of the Bank of Ireland as Security Trustee for Each of the Governor and Company of the Bank of Ireland and Bank of Ireland (UK) PLC | A registered charge | 2 properties | 28/03/2014 | 25/02/2025 | |
| satisfied | The Governor and Company of the Bank of Ireland as Security Trustee for Each of the Governor and Company of the Bank of Ireland and Bank of Ireland (UK) The Governor and Company of the Bank of Ireland as Security Trustee for Each of the Governor and Company of the Bank of Ireland and Bank of Ireland (UK) PLC | A registered charge | 2 properties | 28/03/2014 | 25/02/2025 | |
| satisfied | The Governor and Company of the Bank of Ireland as Security Trustee for Each of the Governor and Company of the Bank of Ireland and Bank of Ireland (UK) . The Governor and Company of the Bank of Ireland as Security Trustee for Each of the Governor and Company of the Bank of Ireland and Bank of Ireland (UK) PLC. | A registered charge | 1 property | 28/03/2014 | 25/02/2025 |