FARLAND DEVELOPMENT COMPANY LIMITED

🌳Matureactive
NI620429 · ltd · incorporated 2013-09-16
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Sept 2025
Net worth
—
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Pursue
Strong opportunity: active trading company with exceptional profile and bankable structure.

Opportunity 80/100 (exceptional), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 2.5y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Newest facility, 2.5 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (81/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 6 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
40 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
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
—
Current Liabilities
—
£0£0£0£0£0£0Sept 2024Sept 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-09-302024-09-30

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal 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
1
filing
  • • 1 accounts
Last 90 days
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2026-04-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-06-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-03-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-11-22
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  5. 2023-11-09
    🔒
    Charge registered #1
    Lender: Farleigh (NI) Limited
  6. 2023-05-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-06-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-10-14
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2021-10-01
    ➖
    THORNTON, Paul Christopher resigned
    director
  10. 2021-06-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2020-12-01
    ➕
    FARRELL, Dermott Martin appointed
    director
  12. 2020-12-01
    ➕
    THORNTON, Paul Christopher appointed
    director
  13. 2020-12-01
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2020-12-01
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2020-12-01
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2020-10-29
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  17. 2020-10-29
    📄
    change-person-director-company-with-change-date
    officers · CH01
  18. 2020-10-29
    📄
    change-person-director-company-with-change-date
    officers · CH01
  19. 2020-09-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2020-09-01
    ➖
    FARRELL, Richard Dermott resigned
    director
  21. 2019-07-24
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  22. 2018-06-19
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  23. 2016-09-30
    ➖
    FARRELL, Dermott resigned
    director
  24. 2016-09-30
    ➕
    FARRELL, Richard Dermott appointed
    director
  25. 2015-03-23
    ➕
    FARRELL, Claudia appointed
    director
  26. 2015-03-23
    ➕
    FARRELL, Dermott appointed
    director
  27. 2015-03-23
    ➖
    TURKINGTON, Julie resigned
    director
  28. 2013-09-16
    🏢
    Company incorporated
    As FARLAND DEVELOPMENT COMPANY LIMITED
  29. 2013-09-16
    ➕
    TURKINGTON, Julie appointed
    director

Owner dependency

74/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Senior director age: Director aged approximately 64 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

61/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • 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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Ms Claudia Farrell
Individual · Irish · DOB 05/1996 · age 30
75–100%
—75-100% shares06/04/2016
1 historic (ceased) PSC
  • Mr Dermott Martin Farrellceased 17/09/2016· 25-50% voting

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

6 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
Incorporated2013-09-16
Jurisdictionnorthern-ireland
Primary SIC41100 — Development of building projects

Registered office

Cootehall Leansmount
Lurgan
Craigavon
Co. Armagh
BT67 9JP

Filing status

Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2026-09-14
Last: 2025-08-31

Officers (2 active · 4 resigned)

FARRELL, Claudia→
director · ~30y · appointed 2015-03-23
View their other companies + combined net worth →
Active
FARRELL, Dermott Martin→
director · ~64y · appointed 2020-12-01
View their other companies + combined net worth →
Active
FARRELL, Dermott→
director · ~64y · appointed 2015-03-23 · resigned 2016-09-30
Resigned
FARRELL, Richard Dermott→
director · ~34y · appointed 2016-09-30 · resigned 2020-09-01
Resigned
THORNTON, Paul Christopher→
director · ~62y · appointed 2020-12-01 · resigned 2021-10-01
Resigned
TURKINGTON, Julie→
director · ~53y · appointed 2013-09-16 · resigned 2015-03-23
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Farleigh (NI)
Farleigh (NI) Limited
A registered charge1 property09/11/2023—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (40 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-04-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-19
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-11-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-22
termination-director-company-with-name-termination-date
officers · TM01
2021-10-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-17
appoint-person-director-company-with-name-date
officers · AP01
2020-12-01
appoint-person-director-company-with-name-date
officers · AP01
2020-12-01