DRUMARG PROPERTIES LIMITED
🌳Matureactive
NI623830 · ltd · incorporated 2014-04-02
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 7.9y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£1.68M
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueStrong opportunity: property-backed borrower with strong profile and bankable structure.
Opportunity 74/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 7.9y
70/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 7.9 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: high (80/100)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
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
34 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Opportunity Score
74/100Strong
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
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £1,682,613
Cash YoY
+183%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£482k
↑ 183% YoY
Net Worth
£1.7m
↑ 24% YoY
Current Assets
£482k
↑ 176% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £4.65M | £4.43M |
| Current assets | £482.3k | £175.0k |
| Cash | £482.3k | £170.4k |
| Debtors | £0 | £4.6k |
| Net assets | £1.68M | £1.35M |
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
1
filing
- • 1 confirmation-statement
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 (22 events)Click to expand
- 2025-12-09📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-09-08📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-09-08📄change-person-director-company-with-change-dateofficers · CH01
- 2025-09-08📄change-person-director-company-with-change-dateofficers · CH01
- 2024-12-20📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-03-11📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-03-01📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-12-21📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-11-02📄mortgage-create-with-deedmortgage · MR01
- 2022-10-21📄mortgage-create-with-deed-with-charles-court-order-extend-with-charge-number-charge-creation-datemortgage · MR01
- 2021-12-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-04-14📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-12-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-12-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-12-20📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-12-06📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2018-12-03🔒Charge registered #1Lender: Sheelagh Mccague
- 2018-06-12🔒Charge registered #2Lender: The Governor & Company of the Bank of Ireland
- 2014-08-27➕MALLON, Vincent appointeddirector
- 2014-04-02🏢Company incorporatedAs DRUMARG PROPERTIES LIMITED
- 2014-04-02➕MCCAGUE, Sheelagh appointedsecretary
- 2014-04-02➕MCCAGUE, Sheelagh appointeddirector
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
49/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 12 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanNo 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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Sheelagh Mccague Individual · Irish · DOB 08/1974 · age 52 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control · firm interest | 06/04/2016 |
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 →Similar companies
Active · Property · BT postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| DRUM PROPERTIES LTD→ NI684749 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| DRUMARG PROPERTY SERVICES LIMITED→ NI624299 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| DRUMART ESTATES LTD→ NI737254 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| DRUMBAWN PROPERTIES LIMITED→ NI653012 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| DRUMBRONETH LTD→ NI684249 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| DRUMCAIRN PROPERTIES LTD→ NI629066 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| DRUMDONEY PROPERTIES LIMITED→ NI648020 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| DRUMGO MANAGEMENT LIMITED→ NI016992 · est 1983 · no financials extracted | — | — | — | — | 42y | — | — |
| DRUMGOWNA PROPERTIES LIMITED→ NI632816 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| DRUMGRAMPH FARMS LTD→ NI700518 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| DRUMHIRK PROPERTIES LIMITED→ NI712269 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| DRUMILL PROPERTIES LTD→ NI632556 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
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
Incorporated2014-04-02
Jurisdictionnorthern-ireland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
52 Ogle Street
Armagh
BT61 7EW
Northern Ireland
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-16
Last: 2026-04-02
Officers (3 active · 0 resigned)
Active
MALLON, Vincent→
Activedirector · ~49y · appointed 2014-08-27
View their other companies + combined net worth →
MCCAGUE, Sheelagh→
Activedirector · ~52y · appointed 2014-04-02
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
2
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Sheelagh Mccague | A registered charge | — | 03/12/2018 | — | |
| outstanding | The Governor & Company of the Bank of Ireland | A registered charge | 1 property | 12/06/2018 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (34 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-16
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-12-09
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-09-08
change-person-director-company-with-change-date
officers · CH01
2025-09-08
change-person-director-company-with-change-date
officers · CH01
2025-09-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-15
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-15
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-03-11
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-03-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-13
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-12-21
mortgage-create-with-deed
mortgage · MR01
2022-11-02
mortgage-create-with-deed-with-charles-court-order-extend-with-charge-number-charge-creation-date
mortgage · MR01
2022-10-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-05