MN CONTRACTS LTD
Based in Newry, Northern Ireland, this active construction firm most likely manages commercial building contracts day-to-day — overseeing project delivery, subcontractors, and site operations — with micro-entity accounts suggesting it operates as a small business rather than a large contractor.
Opportunity 73/100 (strong), bankability 75/100. 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).
Data confidence
Overall: medium (70/100)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.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
1 year extracted from filed iXBRL accountsFinancials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-08-31 |
|---|---|
| Total assets | £26.2k |
| Current assets | £6.6k |
| Net assets | £8.5k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Corporate timeline (18 events)Click to expand
- 2025-08-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-09-03📄accounts-amended-with-made-up-dateaccounts · AAMD
- 2024-08-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-08-15📄accounts-amended-with-made-up-dateaccounts · AAMD
- 2023-08-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-08-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-08-20📄gazette-filings-brought-up-to-dategazette · DISS40
- 2021-08-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-08-05📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2021-07-27📄gazette-notice-compulsorygazette · GAZ1
- 2020-11-23📄accounts-amended-with-made-up-dateaccounts · AAMD
- 2020-11-23📄accounts-amended-with-made-up-dateaccounts · AAMD
- 2020-11-23📄accounts-amended-with-made-up-dateaccounts · AAMD
- 2020-09-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-05-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-05-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2013-08-30🏢Company incorporatedAs MN CONTRACTS LTD
- 2013-08-30➕GRIBBEN, Mark 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 13 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 13 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Mark Gribben Individual · Northern Irish · DOB 05/1982 · age 44 | 75–100% | 75–100% | board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Construction · BT postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BSG CIVIL ENGINEERING LIMITED→ NI021016 · est 1987 | £25.64M £18.31M–£32.96M | £36.49M | — | 8700 | 38y | 85 | 73y |
| E.J.C. CONTRACTS LTD→ NI045412 · est 2003 | £24.60M £17.57M–£31.62M | £27.26M | — | 7700 | 23y | 90 | 54y |
| P MCVEY BUILDING SYSTEMS LTD→ NI634141 · est 2015 | £14.13M £10.09M–£18.17M | £24.15M | — | 5400 | 10y | 90 | 66y |
| M.J. MCBRIDE CONSTRUCTION LTD→ NI066620 · est 2007 | £14.06M £10.04M–£18.07M | £19.82M | — | 1500 | 18y | 87 | 77y |
| SOUTH BANK SQUARE LTD→ NI605444 · est 2010 | £12.16M £8.69M–£15.64M | £13.65M | — | 400 | 15y | 86 | 73y |
| P MCK LTD→ NI062901 · est 2007 | £7.58M £5.42M–£9.75M | £16.85M | — | 5100 | 19y | 87 | 71y |
| CORICK INVESTMENTS LIMITED→ NI025056 · est 1990 | £6.35M £4.54M–£8.16M | — | — | 0 | 35y | 92 | 69y |
| BAYVIEW CONTRACTS LTD→ NI041488 · est 2001 | £4.57M £3.26M–£5.87M | £24.46M | — | 17900 | 24y | 87 | 61y |
| ADSTON (UK) LIMITED→ NI605512 · est 2010 | £4.00M £2.86M–£5.15M | £11.40M | — | 1100 | 15y | 100 | 79y |
| F G ANDERSON & SONS LTD→ NI681234 · est 2021 | £2.79M £1.99M–£3.59M | — | — | 0 | 4y | 85 | 69y |
| THORNTON ROOFING (IRELAND) LIMITED→ NI041349 · est 2001 | £2.68M £1.91M–£3.44M | £16.60M | — | 9300 | 24y | 87 | 88y |
| C.B. CONTRACTS (N.I.) LTD→ NI038170 · est 2000 | £1.49M £1.06M–£1.91M | — | — | 70 | 26y | 85 | 64y |
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.