KALI BELFAST LIMITED

🌳Matureactive
NI624621 · ltd · incorporated 2014-05-15
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Feb 2025
Net worth
£304.4k
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Property-backed borrower with a 65-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 65/100. Strong seller-intent signal (63/100, director aged 65). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -58% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

6 live charges · 2 lenders · oldest 11.5y

30/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 11.5 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: high (83/100)

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
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
8 officers (6 active, 8 linked, 5 with DOB)
83
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
30 connected companies via shared directors
90
Filing history
49 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
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.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £304,396
Cash draining
Cash down 58% YoY
Cash YoY
-58%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£3k
↓ 58% YoY
Net Worth
£304k
↑ 11% YoY
Current Assets
£1.7m
↑ 1.0% YoY
Current Liabilities
—
£0£346k£693k£1.0m£1.4m£1.7mFeb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-02-282024-02-28
Total assets£304.4k£273.6k
Current assets£1.73M£1.71M
Cash£2.8k£6.6k
Debtors£1.73M£1.71M
Net assets£304.4k£273.6k

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 (34 events)Click to expand
  1. 2025-11-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-30
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  3. 2024-12-30
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  4. 2024-12-30
    🔓
    Charge satisfied #6
  5. 2024-12-30
    🔓
    Charge satisfied #5
  6. 2024-11-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2024-02-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2023-02-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2022-02-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-02-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2019-11-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2018-11-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2017-11-30
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2017-11-20
    ➕
    PATTERSON, Victoria Alexandra Elizabeth appointed
    director
  15. 2017-10-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2017-04-28
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2017-03-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  18. 2017-03-28
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  19. 2016-04-12
    🔒
    Charge registered #6
    Lender: Tennent's NI Limited
  20. 2016-04-12
    🔒
    Charge registered #5
    Lender: Tennent's NI Limited
  21. 2016-02-09
    ➕
    STEELE, Alexander Graeme appointed
    secretary
  22. 2016-02-01
    🔒
    Charge registered #4
    Lender: Ulster Bank Limited
  23. 2016-01-27
    ➕
    HORWOOD, Wayne Colin appointed
    director
  24. 2016-01-27
    ➕
    STEELE, Alexander Graeme appointed
    director
  25. 2015-03-23
    🔒
    Charge registered #3
    Lender: Ulster Bank Limited
  26. 2014-12-01
    🔒
    Charge registered #2
    Lender: Ulster Bank Limited
  27. 2014-12-01
    🔒
    Charge registered #1
    Lender: Ulster Bank Limited
  28. 2014-10-27
    ➕
    PATTERSON, Gordon appointed
    secretary
  29. 2014-10-27
    ➕
    PATTERSON, Gordon appointed
    director
  30. 2014-10-27
    ➖
    TINMAN, Mark resigned
    secretary
  31. 2014-10-27
    ➖
    TINMAN, Mark resigned
    director
  32. 2014-05-15
    🏢
    Company incorporated
    As KALI BELFAST LIMITED
  33. 2014-05-15
    ➕
    TINMAN, Mark appointed
    secretary
  34. 2014-05-15
    ➕
    TINMAN, Mark appointed
    director

Owner dependency

63/100
High — earn-out structure required

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

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Founder age: Director aged approximately 65 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

55/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
  • 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

3 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Gordon Patterson
Individual · British · DOB 08/1961 · age 65
75–100%
—75-100% shares06/04/2016
Mr Alexander Graeme Steele
Individual · British · DOB 03/1976 · age 50
——sig. influencesignificant influence06/04/2016
Mr Wayne Colin Horwood
Individual · British · DOB 04/1975 · age 51
——sig. influencesignificant influence06/04/2016

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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Incorporated2014-05-15
Jurisdictionnorthern-ireland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Jefferson House
Queen Street
Belfast
BT1 6HL
Northern Ireland

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-11-10
Last: 2025-10-27

Officers (6 active · 2 resigned)

PATTERSON, Gordon→
secretary · appointed 2014-10-27
View their other companies + combined net worth →
Active
STEELE, Alexander Graeme→
secretary · appointed 2016-02-09
View their other companies + combined net worth →
Active
HORWOOD, Wayne Colin→
director · ~51y · appointed 2016-01-27
View their other companies + combined net worth →
Active
PATTERSON, Gordon→
director · ~65y · appointed 2014-10-27
View their other companies + combined net worth →
Active
PATTERSON, Victoria Alexandra Elizabeth→
director · ~32y · appointed 2017-11-20
View their other companies + combined net worth →
Active
STEELE, Alexander Graeme→
director · ~50y · appointed 2016-01-27
View their other companies + combined net worth →
Active
TINMAN, Mark→
secretary · appointed 2014-05-15 · resigned 2014-10-27
Resigned
TINMAN, Mark→
director · ~64y · appointed 2014-05-15 · resigned 2014-10-27
Resigned

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

Mortgages & charges

6
Total charges
4
Outstanding
1
Active lenders
Status:Lender:6 of 6 shown
TypeProperties
satisfied
Tennent's NI
Tennent's NI Limited
A registered charge1 property12/04/201630/12/2024
satisfied
Tennent's NI
Tennent's NI Limited
A registered charge1 property12/04/201630/12/2024
outstanding
NatWest Group
Ulster Bank Limited
A registered charge2 properties01/02/2016—
outstanding
NatWest Group
Ulster Bank Limited
A registered charge—23/03/2015—
outstanding
NatWest Group
Ulster Bank Limited
A registered charge1 property01/12/2014—
outstanding
NatWest Group
Ulster Bank Limited
A registered charge—01/12/2014—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (49 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-14
mortgage-satisfy-charge-full
mortgage · MR04
2024-12-30
mortgage-satisfy-charge-full
mortgage · MR04
2024-12-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-02-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-11-29