MCKINSTRY WASTE SERVICES LTD

🌳Matureactive
NI620594 · ltd · incorporated 2013-09-25
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 7.8y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: SIC 39000
Sector: Water supply & waste
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 75/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).

🏦

Refinance opportunity

2 live charges · oldest 7.8y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 7.8 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (82/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
4 officers (3 active, 4 linked, 4 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
32 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
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£0Mar 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
Average employees9900

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
0
filings
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2025-12-23
    📄
    accounts-with-accounts-type-small
    accounts · AA
  2. 2025-07-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  3. 2025-07-01
    RUTLEDGE, Arran appointed
    director
  4. 2025-04-03
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  5. 2025-03-31
    🔒
    Charge registered #2
    Lender: The Governor and Company of the Bank of Ireland (As Security Trustee)
  6. 2024-12-16
    📄
    accounts-with-accounts-type-small
    accounts · AA
  7. 2024-05-16
    MCKINSTRY, Mark Edward resigned
    director
  8. 2024-05-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2023-12-18
    📄
    accounts-with-accounts-type-small
    accounts · AA
  10. 2023-01-05
    📄
    accounts-with-accounts-type-small
    accounts · AA
  11. 2022-11-25
    KIRKPATRICK, Tony Hubert appointed
    director
  12. 2022-11-25
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2021-12-13
    📄
    accounts-with-accounts-type-small
    accounts · AA
  14. 2020-11-10
    📄
    accounts-with-accounts-type-small
    accounts · AA
  15. 2019-12-10
    📄
    accounts-with-accounts-type-small
    accounts · AA
  16. 2019-10-09
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  17. 2019-10-09
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  18. 2018-08-06
    📄
    accounts-with-accounts-type-small
    accounts · AA
  19. 2018-08-03
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  20. 2018-07-25
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Ireland (As Security Trustee)
  21. 2017-10-23
    📄
    accounts-with-accounts-type-small
    accounts · AA
  22. 2013-09-25
    🏢
    Company incorporated
    As MCKINSTRY WASTE SERVICES LTD
  23. 2013-09-25
    MCKINSTRY, Darren William appointed
    director
  24. 2013-09-25
    MCKINSTRY, Mark Edward appointed
    director

Owner dependency

65/100
High — earn-out structure required

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

FACTORS
  • +Founder name in company name: Company name contains director surname "MCKINSTRY" — strong identity link between founder and business.

Succession & seller-readiness

43/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • 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.)

Group structure

Aldamar Holdings Ltd. is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Aldamar Holdings Ltd.
Corporate parent · holds 75-100% shares · board control
ultimate parent
MCKINSTRY WASTE SERVICES LTD
This company · NI620594

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
Aldamar Holdings Ltd.
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control25/10/2018
1 historic (ceased) PSC
  • Mckinstry Skip Hire Ltdceased 25/10/2018· 75-100% shares

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
Incorporated2013-09-25
Jurisdictionnorthern-ireland
Primary SIC39000 — SIC 39000

Registered office

81-83 Belfast Road
Nutts Corner
Crumlin
County Antrim
BT29 4TL

Filing status

Accounts
Next due: 2026-12-25
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-09-08
Last: 2025-08-25

Officers (3 active · 1 resigned)

KIRKPATRICK, Tony Hubert
director · ~43y · appointed 2022-11-25
View their other companies + combined net worth →
Active
MCKINSTRY, Darren William
director · ~52y · appointed 2013-09-25
View their other companies + combined net worth →
Active
RUTLEDGE, Arran
director · ~50y · appointed 2025-07-01
View their other companies + combined net worth →
Active
MCKINSTRY, Mark Edward
director · ~56y · appointed 2013-09-25 · resigned 2024-05-16
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
The Governor and Company of the Bank of Ireland (As Security Trustee)
A registered charge31/03/2025
outstanding
The Governor and Company of the Bank of Ireland (As Security Trustee)
A registered charge25/07/2018
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (32 total)

accounts-with-accounts-type-small
accounts · AA
2025-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-02
appoint-person-director-company-with-name-date
officers · AP01
2025-07-10
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-03
accounts-with-accounts-type-small
accounts · AA
2024-12-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-05
termination-director-company-with-name-termination-date
officers · TM01
2024-05-16
accounts-with-accounts-type-small
accounts · AA
2023-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-04
accounts-with-accounts-type-small
accounts · AA
2023-01-05
appoint-person-director-company-with-name-date
officers · AP01
2022-11-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-04
accounts-with-accounts-type-small
accounts · AA
2021-12-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-06
accounts-with-accounts-type-small
accounts · AA
2020-11-10