STRAID CONTRACTS LTD

🌳Matureactive
NI625046 · ltd · incorporated 2014-06-06
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Sept 2025
Net worth
£332.9k
book net assets
Opportunity
74/100
Strong
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What this business does
Primary activity: Construction of commercial buildings
Sector: Construction
ALSO REGISTERED FOR
  • 41202Construction of domestic buildings
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 74/100 (strong), bankability 75/100. 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 (58/100).

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 4 total, 4 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
41 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
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
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £332,858
Net assets shrinking
Down £261,944 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£333k
↓ 44% YoY
Current Assets
£537k
↑ 3.6% YoY
Current Liabilities
—
£0£119k£238k£357k£476k£595kSept 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
Total assets£733.9k£776.2k
Current assets£537.2k£518.3k
Net assets£332.9k£594.8k

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

Recent activity

Last 30 days
1
filing
  • • 1 accounts
Last 90 days
1
filing
  • • 1 accounts
Last 180 days
2
filings
  • • 1 accounts
  • • 1 address
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2026-05-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2026-01-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2025-07-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2025-07-02
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  5. 2025-06-19
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2025-06-19
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2025-06-19
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  8. 2025-06-02
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2025-05-31
    ➖
    MCERLAIN, Aidan Joseph resigned
    director
  10. 2024-07-09
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  11. 2024-03-04
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  12. 2024-03-04
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  13. 2023-08-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  14. 2022-08-08
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  15. 2022-03-22
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  16. 2022-03-22
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  17. 2022-03-22
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  18. 2021-06-18
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  19. 2020-08-27
    ➕
    MCATEER, Martin Damien appointed
    director
  20. 2020-08-27
    ➕
    MCERLAIN, Aidan Joseph appointed
    director
  21. 2020-08-27
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  22. 2014-06-06
    🏢
    Company incorporated
    As STRAID CONTRACTS LTD
  23. 2014-06-06
    ➕
    MCATEER, Natasha appointed
    director

Owner dependency

66/100
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.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

41/100
Moderate signal

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

SIGNALS
  • 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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Martin Damien Mcateer
Individual · Irish · DOB 08/1981 · age 45
25–50%
25–50%board control25-50% shares · 25-50% voting · board control07/03/2022
Ms Natasha Mcateer
Individual · Irish · DOB 04/1983 · age 43
25–50%
25–50%board control25-50% shares · 25-50% voting · board control01/01/2017
2 historic (ceased) PSCs
  • Amce Surveying Services Ltdceased 23/06/2025· 25-50% shares · 25-50% voting · board control · firm interest
  • Mr Aidan Joseph Mcerlainceased 31/03/2023· 25-50% shares · board control

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 · Construction · BT postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
BSG CIVIL ENGINEERING LIMITED→
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£36.49M—870038y8573y
E.J.C. CONTRACTS LTD→
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£24.60M
£17.57M–£31.62M
£27.26M—770023y9054y
PETER MCCORMACK & SONS LIMITED→
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£16.43M
£11.74M–£21.13M
——220025y8560y
P MCVEY BUILDING SYSTEMS LTD→
NI634141 · est 2015
£14.13M
£10.09M–£18.17M
£24.15M—540010y9066y
M.J. MCBRIDE CONSTRUCTION LTD→
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£14.06M
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£19.82M—150018y8777y
SOUTH BANK SQUARE LTD→
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£13.65M—40015y8673y
D B BUILDING CONTRACTS LTD→
NI045897 · est 2003
£8.19M
£5.85M–£10.53M
——4823y8460y
J. H. TURKINGTON & SONS LIMITED→
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£7.97M
£5.69M–£10.25M
——800041y8472y
P MCK LTD→
NI062901 · est 2007
£7.58M
£5.42M–£9.75M
£16.85M—510019y8771y
CORICK INVESTMENTS LIMITED→
NI025056 · est 1990
£6.35M
£4.54M–£8.16M
——035y9269y
BAYVIEW CONTRACTS LTD→
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£4.57M
£3.26M–£5.87M
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ADSTON (UK) LIMITED→
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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
Incorporated2014-06-06
Jurisdictionnorthern-ireland
Primary SIC41201 — Construction of commercial buildings

Registered office

Unit 20 Glenshane Enterprise Centre
414a Ballyquin Road
Dungiven
Co Londonderry
BT47 4NQ
Northern Ireland

Filing status

Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2026-07-16
Last: 2025-07-02

Officers (2 active · 1 resigned)

MCATEER, Martin Damien→
director · ~45y · appointed 2020-08-27
View their other companies + combined net worth →
Active
MCATEER, Natasha→
director · ~43y · appointed 2014-06-06
View their other companies + combined net worth →
Active
MCERLAIN, Aidan Joseph→
director · ~53y · appointed 2020-08-27 · resigned 2025-05-31
Resigned

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

Recent filings (41 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-05-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-01-05
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-04
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-02
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-07-02
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-06-19
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-06-19
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-06-19
termination-director-company-with-name-termination-date
officers · TM01
2025-06-02
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-19
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-07-09
confirmation-statement-with-updates
confirmation-statement · CS01
2024-03-04
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-03-04
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-03-04
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-08-30