KEVMAR LTD

🌳Matureactive
NI617000 · ltd · incorporated 2013-02-25
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
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£1.48M
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: Construction of other civil engineering projects n.e.c.
Sector: Construction
Investor take
Pursue
Asset-holding vehicle. Family succession underway — not a classic acquisition target.

Opportunity 78/100 (strong), bankability 75/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

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
Confirmed no charges registered
85
Directors & officers
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
31 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £1,479,939
Cash YoY
+21%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£769k
↑ 21% YoY
Net Worth
£1.5m
↑ 20% YoY
Current Assets
£1.3m
↑ 19% YoY
Current Liabilities
—
£0£296k£592k£888k£1.2m£1.5mMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Total assets£1.67M£1.40M
Current assets£1.26M£1.06M
Cash£768.6k£635.3k
Debtors£485.4k£412.9k
Net assets£1.48M£1.23M

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
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2025-12-09
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2025-06-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  3. 2025-05-01
    ➕
    PORTER, Adrian appointed
    director
  4. 2024-09-04
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  5. 2024-07-02
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  6. 2023-10-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2022-09-07
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  8. 2021-09-09
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  9. 2020-11-19
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  10. 2019-06-03
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  11. 2018-06-07
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  12. 2017-11-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2016-11-16
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2016-03-04
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2015-12-18
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2015-11-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2015-01-01
    ➖
    PORTER, Kevin resigned
    director
  18. 2013-02-25
    🏢
    Company incorporated
    As KEVMAR LTD
  19. 2013-02-25
    ➕
    PORTER, Hugh appointed
    director
  20. 2013-02-25
    ➕
    PORTER, Kevin appointed
    director

Owner dependency

81/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder age: Director aged approximately 76 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

39/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • primaryFamily succession underway: Not a takeover target — PORTER, Adrian (same surname) appointed 2025-05-01. Pattern consistent with intra-family handover.
  • primaryFounder aged 70+: Senior director is approximately 76 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 13 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 Hugh Porter
Individual · Irish · DOB 04/1950 · age 76
50–75%
—50-75% shares01/02/2017
Mrs June Porter
Individual · Irish · DOB 06/1954 · age 72
25–50%
—25-50% shares02/07/2024

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 →
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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.

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Company details

Statusactive
Typeltd
Incorporated2013-02-25
Jurisdictionnorthern-ireland
Primary SIC42990 — Construction of other civil engineering projects n.e.c.

Registered office

Mclean Road Campsie Industrial Estate
Eglinton
Londonderry
BT47 3PF

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-05
Last: 2026-02-19

Officers (2 active · 1 resigned)

PORTER, Adrian→
director · ~39y · appointed 2025-05-01
View their other companies + combined net worth →
Active
PORTER, Hugh→
director · ~76y · appointed 2013-02-25
View their other companies + combined net worth →
Active
PORTER, Kevin→
director · ~51y · appointed 2013-02-25 · resigned 2015-01-01
Resigned

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

Recent filings (31 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-02
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-12-09
appoint-person-director-company-with-name-date
officers · AP01
2025-06-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-27
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-09-04
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-07-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-20
accounts-with-accounts-type-micro-entity
accounts · AA
2023-10-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-21
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-09-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-09
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-09-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-08
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-11-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-02-19