MCNALLYS LATE NIGHT PHARMACY LTD

💤Zombieactive
NI615011 · ltd · incorporated 2012-10-17
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 May 2025
Net worth
book net assets
Opportunity
72/100
Strong
🔔
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What this business does
Primary activity: Dispensing chemist in specialised stores
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

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

30/100
under pressure

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.

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
43 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
77
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
£5.4m
↑ 8.9% YoY
Current Liabilities
£0£1.1m£2.2m£3.2m£4.3m£5.4mMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-05-312024-05-31
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.

🔒Filing-note intelligence

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

Last 30 days
0
filings
Last 90 days
4
filings
  • 3 persons-with-significant-control
  • 1 accounts
Last 180 days
4
filings
  • 3 persons-with-significant-control
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2026-04-24
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  2. 2026-04-24
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2026-04-24
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  4. 2026-02-27
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  5. 2025-10-28
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2025-10-22
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2025-10-22
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2025-02-26
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  9. 2025-02-25
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  10. 2025-02-25
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  11. 2025-02-25
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  12. 2025-02-25
    🔓
    Charge satisfied #3
  13. 2025-02-25
    🔓
    Charge satisfied #2
  14. 2025-02-25
    🔓
    Charge satisfied #1
  15. 2024-02-27
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  16. 2023-02-20
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  17. 2022-12-19
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  18. 2021-09-29
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  19. 2020-12-22
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  20. 2019-12-09
    📄
    accounts-with-accounts-type-audited-abridged
    accounts · AA
  21. 2014-03-28
    🔒
    Charge registered #3
    Lender: 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
  22. 2014-03-28
    🔒
    Charge registered #2
    Lender: 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
  23. 2014-03-28
    🔒
    Charge registered #1
    Lender: 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.
  24. 2012-10-17
    🏢
    Company incorporated
    As MCNALLYS LATE NIGHT PHARMACY LTD
  25. 2012-10-17
    MCPOLIN, Jack appointed
    director

Owner dependency

80/100
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.
  • +No director turnover: Company is 14 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

58/100
Strong succession signal

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

SIGNALS
  • 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 ·
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

Totalvale Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Totalvale Limited
Corporate parent · holds 75-100% shares
ultimate parent
MCNALLYS LATE NIGHT PHARMACY LTD
This company · NI615011

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%
NameSharesVoting rightsNature of controlNotified
Totalvale Limited
Corporate entity
75100%
75-100% shares01/01/2025
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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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
Incorporated2012-10-17
Jurisdictionnorthern-ireland
Primary SIC47730 — Dispensing chemist in specialised stores

Registered office

5 Monaghan Street
Newry
Co. Down
BT35 6BB

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-10-31
Last: 2025-10-17

Officers (1 active · 0 resigned)

MCPOLIN, Jack
director · ~54y · appointed 2012-10-17
View their other companies + combined net worth →
Active

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

Mortgages & charges

3
Total charges
0
Outstanding
0
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
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 charge2 properties28/03/201425/02/2025
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 charge2 properties28/03/201425/02/2025
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 charge1 property28/03/201425/02/2025

Recent filings (43 total)

change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2026-04-24
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-04-24
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2026-04-24
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2026-02-27
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-10-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-28
change-person-director-company-with-change-date
officers · CH01
2025-10-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-10-22
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-02-26
mortgage-satisfy-charge-full
mortgage · MR04
2025-02-25
mortgage-satisfy-charge-full
mortgage · MR04
2025-02-25
mortgage-satisfy-charge-full
mortgage · MR04
2025-02-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-28
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-06