AMIGOS (NI) LTD
💤Zombieactive
NI625928 · ltd · incorporated 2014-07-31
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
What changed my view
Last 30 days
No material changes in the last 30 days.
Last 90 days
No snapshot from 90 days ago — start tracking from today.
Last 180 days
No snapshot from 180 days ago — start tracking from today.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Apr 2025
Net worth
£308.5k
book net assets
Opportunity
73/100
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 acceptable with review structure.
Opportunity 73/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
62 live charges · 3 lenders · oldest 9.3y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 9.3 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
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
62 charges (62/62 with lender, 62/62 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
134 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
73/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £308,536
Cash YoY
+130%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£32k
↑ 130% YoY
Net Worth
£309k
~ YoY
Current Assets
£84k
↑ 112% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Total assets | £1.46M | £1.47M |
| Current assets | £83.8k | £39.5k |
| Cash | £32.1k | £13.9k |
| Debtors | £51.8k | £25.6k |
| Net assets | £308.5k | £307.8k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
2
filings
- • 2 persons-with-significant-control
Last 180 days
3
filings
- • 2 persons-with-significant-control
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (126 events)Click to expand
- 2026-03-19📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2026-03-19📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-01-14📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-01-17📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-10-16📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-04-25📄legacymiscellaneous · RPCH01
- 2024-01-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-09-13📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-09-13🔓Charge satisfied #1
- 2023-08-25📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-08-25📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-08-25📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-08-25📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-08-25📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-08-25📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-08-25📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-08-25📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-08-25📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-08-25📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-08-25📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-08-25📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-08-25📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-08-25📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-08-25📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-08-25🔓Charge satisfied #41
- 2023-08-25🔓Charge satisfied #40
- 2023-08-25🔓Charge satisfied #39
- 2023-08-25🔓Charge satisfied #38
- 2023-08-25🔓Charge satisfied #37
- 2023-08-25🔓Charge satisfied #36
- 2023-08-25🔓Charge satisfied #35
- 2023-08-25🔓Charge satisfied #34
- 2023-08-25🔓Charge satisfied #33
- 2023-08-25🔓Charge satisfied #32
- 2023-08-25🔓Charge satisfied #31
- 2023-08-25🔓Charge satisfied #30
- 2023-08-25🔓Charge satisfied #29
- 2023-08-25🔓Charge satisfied #27
- 2023-08-25🔓Charge satisfied #26
- 2023-08-25🔓Charge satisfied #25
- 2023-08-25🔓Charge satisfied #24
- 2023-08-25🔓Charge satisfied #23
- 2023-08-25🔓Charge satisfied #22
- 2023-08-25🔓Charge satisfied #21
- 2023-08-25🔓Charge satisfied #20
- 2023-08-25🔓Charge satisfied #18
- 2023-08-25🔓Charge satisfied #17
- 2023-08-25🔓Charge satisfied #16
- 2023-08-25🔓Charge satisfied #15
- 2023-08-25🔓Charge satisfied #14
Showing most recent 50 of 126 events
Owner dependency
88/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
- +No director turnover: Company is 12 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
60/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med · 1 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
23 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Michael Wayne Sullivan Individual · British · DOB 02/1968 · age 58 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 31/01/2026 |
1 historic (ceased) PSC
- Mr Michael Wayne Sullivanceased 31/01/2026· significant influence
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
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|---|---|---|---|---|---|---|---|
| BALLINAMALLARD ENTERPRISE COMPANY LIMITED→ NI034886 · est 1998 | £236.5k £201.0k–£271.9k | — | £236.5k | — | 27y | 83 | 86y |
| ANTRIM COUNTY INVESTMENT MANAGERS LIMITED→ NI020714 · est 1987 | £141.8k £120.5k–£163.0k | — | £141.8k | — | 38y | 83 | 78y |
| JECK LTD→ NI616037 · est 2012 | — | £11.66M | — | 2700 | 13y | 84 | 59y |
| CFR 75 LIMITED→ NI623827 · est 2014 | — | £791.1k | — | 0 | 12y | 84 | 59y |
| MCCARTHY PRIME PROPERTIES LTD→ NI052166 · est 2004 | — | £10.9k | — | 0 | 21y | 88 | 80y |
| HILLVIEW LODGE LIMITED→ NI025138 · est 1990 | — | — | — | 187 | 35y | 87 | 76y |
| STRATHDEN LIMITED→ NI626346 · est 2014 | — | — | — | 200 | 11y | 85 | 62y |
| ADREM INVESTMENTS LIMITED→ NI031681 · est 1996 | — | — | — | 0 | 29y | 83 | 77y |
| ARDFOYLE TRUST→ NI016968 · est 1983 | — | — | — | 700 | 42y | 83 | 87y |
| ARDILAUN LTD→ NI057602 · est 2005 | — | — | — | 400 | 20y | 83 | 76y |
| ASHTREE INVESTMENTS LIMITED→ NI026837 · est 1992 | — | — | — | 300 | 33y | 83 | 63y |
| BALLYKEEL BUSINESS DEVELOPMENT LTD→ NI033029 · est 1997 · no financials extracted | — | — | — | — | 28y | 83 | 84y |
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
Incorporated2014-07-31
Jurisdictionnorthern-ireland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
29b Main Street
Randalstown
Antrim
BT41 3AB
Northern Ireland
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-08-14
Last: 2025-07-31
Officers (1 active · 0 resigned)
SULLIVAN, Michael Wayne→
Activedirector · ~58y · appointed 2014-07-31
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
62
Total charges
23
Outstanding
2
Active lenders
Status:Lender:62 of 62 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Kensington Mortgage Company Kensington Mortgage Company Limited | A registered charge | 1 property | 16/08/2023 | — | |
| outstanding | Kensington Mortgage Company Kensington Mortgage Company Limited | A registered charge | 1 property | 16/08/2023 | — | |
| outstanding | Kensington Mortgage Company Kensington Mortgage Company Limited | A registered charge | 1 property | 16/08/2023 | — | |
| outstanding | Kensington Mortgage Company Kensington Mortgage Company Limited | A registered charge | 1 property | 16/08/2023 | — | |
| outstanding | Kensington Mortgage Company Kensington Mortgage Company Limited | A registered charge | 1 property | 16/08/2023 | — | |
| outstanding | Kensington Mortgage Company Kensington Mortgage Company Limited | A registered charge | 1 property | 16/08/2023 | — | |
| outstanding | Kensington Mortgage Company Kensington Mortgage Company Limited | A registered charge | 1 property | 16/08/2023 | — | |
| outstanding | Kensington Mortgage Company Kensington Mortgage Company Limited | A registered charge | 1 property | 16/08/2023 | — | |
| outstanding | Kensington Mortgage Company Kensington Mortgage Company Limited | A registered charge | 1 property | 16/08/2023 | — | |
| outstanding | Kensington Mortgage Company Kensington Mortgage Company Limited | A registered charge | 1 property | 16/08/2023 | — | |
| outstanding | Kensington Mortgage Company Kensington Mortgage Company Limited | A registered charge | 1 property | 16/08/2023 | — | |
| outstanding | Kensington Mortgage Company Kensington Mortgage Company Limited | A registered charge | 1 property | 16/08/2023 | — | |
| outstanding | Kensington Mortgage Company Kensington Mortgage Company Limited | A registered charge | 1 property | 16/08/2023 | — | |
| outstanding | Kensington Mortgage Company Kensington Mortgage Company Limited | A registered charge | 1 property | 16/08/2023 | — | |
| outstanding | Kensington Mortgage Company Kensington Mortgage Company Limited | A registered charge | 1 property | 16/08/2023 | — | |
| outstanding | Kensington Mortgage Company Kensington Mortgage Company Limited | A registered charge | 1 property | 16/08/2023 | — | |
| outstanding | Kensington Mortgage Company Kensington Mortgage Company Limited | A registered charge | 1 property | 16/08/2023 | — | |
| outstanding | Kensington Mortgage Company Kensington Mortgage Company Limited | A registered charge | 1 property | 16/08/2023 | — | |
| outstanding | Kensington Mortgage Company Kensington Mortgage Company Limited | A registered charge | 1 property | 16/08/2023 | — | |
| outstanding | Kensington Mortgage Company Kensington Mortgage Company Limited | A registered charge | 1 property | 16/08/2023 | — | |
| outstanding | Kensington Mortgage Company Kensington Mortgage Company Limited | A registered charge | 1 property | 16/08/2023 | — | |
| satisfied | NatWest Group Ulster Bank Limited | A registered charge | 8 properties | 10/04/2019 | 25/08/2023 | |
| satisfied | NatWest Group Ulster Bank Limited | A registered charge | 2 properties | 10/04/2019 | 25/08/2023 | |
| satisfied | NatWest Group Ulster Bank Limited | A registered charge | 2 properties | 10/04/2019 | 25/08/2023 | |
| satisfied | NatWest Group Ulster Bank Limited | A registered charge | 2 properties | 10/04/2019 | 25/08/2023 | |
| satisfied | NatWest Group Ulster Bank Limited | A registered charge | 2 properties | 10/04/2019 | 25/08/2023 | |
| satisfied | NatWest Group Ulster Bank Limited | A registered charge | 1 property | 21/08/2018 | 25/08/2023 | |
| satisfied | NatWest Group Ulster Bank Limited | A registered charge | 1 property | 21/08/2018 | 25/08/2023 | |
| satisfied | NatWest Group Ulster Bank Limited | A registered charge | 1 property | 21/08/2018 | 25/08/2023 | |
| satisfied | NatWest Group Ulster Bank Limited | A registered charge | 1 property | 21/08/2018 | 25/08/2023 | |
| satisfied | NatWest Group Ulster Bank Limited | A registered charge | 1 property | 21/08/2018 | 25/08/2023 | |
| satisfied | NatWest Group Ulster Bank Limited | A registered charge | 1 property | 21/08/2018 | 25/08/2023 | |
| satisfied | NatWest Group Ulster Bank Limited | A registered charge | 1 property | 21/08/2018 | 25/08/2023 | |
| satisfied | NatWest Group Ulster Bank Limited | A registered charge | 1 property | 21/08/2018 | 25/08/2023 | |
| outstanding | NatWest Group Ulster Bank Limited | A registered charge | 1 property | 14/06/2018 | — | |
| satisfied | NatWest Group Ulster Bank Limited | A registered charge | 1 property | 06/12/2017 | 25/08/2023 | |
| satisfied | NatWest Group Ulster Bank Limited | A registered charge | 1 property | 23/11/2017 | 25/08/2023 | |
| satisfied | NatWest Group Ulster Bank Limited | A registered charge | 1 property | 23/11/2017 | 25/08/2023 | |
| satisfied | NatWest Group Ulster Bank Limited | A registered charge | 1 property | 23/11/2017 | 25/08/2023 | |
| satisfied | NatWest Group Ulster Bank Limited | A registered charge | 1 property | 23/11/2017 | 25/08/2023 | |
| satisfied | NatWest Group Ulster Bank Limited | A registered charge | 1 property | 23/11/2017 | 25/08/2023 | |
| satisfied | NatWest Group Ulster Bank Limited | A registered charge | 1 property | 23/11/2017 | 25/08/2023 | |
| satisfied | NatWest Group Ulster Bank Limited | A registered charge | 1 property | 23/11/2017 | 25/08/2023 | |
| outstanding | NatWest Group Ulster Bank Limited | A registered charge | 1 property | 23/11/2017 | — | |
| satisfied | NatWest Group Ulster Bank Limited | A registered charge | 1 property | 23/11/2017 | 25/08/2023 | |
| satisfied | NatWest Group Ulster Bank Limited | A registered charge | 1 property | 23/11/2017 | 25/08/2023 | |
| satisfied | NatWest Group Ulster Bank Limited | A registered charge | 1 property | 29/09/2017 | 25/08/2023 | |
| satisfied | NatWest Group Ulster Bank Limited | A registered charge | 1 property | 29/09/2017 | 25/08/2023 | |
| satisfied | NatWest Group Ulster Bank LTD | A registered charge | 1 property | 23/06/2017 | 25/08/2023 | |
| satisfied | NatWest Group Ulster Bank Limited | A registered charge | 1 property | 28/04/2017 | 25/08/2023 | |
| satisfied | NatWest Group Ulster Bank Limited | A registered charge | 1 property | 10/04/2017 | 25/08/2023 | |
| satisfied | NatWest Group Ulster Bank Limited | A registered charge | 1 property | 16/03/2017 | 25/08/2023 | |
| satisfied | NatWest Group Ulster Bank Limited | A registered charge | 1 property | 03/03/2017 | 25/08/2023 | |
| satisfied | NatWest Group Ulster Bank Limited | A registered charge | 1 property | 03/03/2017 | 25/08/2023 | |
| satisfied | NatWest Group Ulster Bank Limited | A registered charge | 1 property | 03/03/2017 | 25/08/2023 | |
| satisfied | NatWest Group Ulster Bank Limited | A registered charge | 1 property | 17/02/2017 | 25/08/2023 | |
| satisfied | NatWest Group Ulster Bank Limited | A registered charge | 1 property | 17/02/2017 | 25/08/2023 | |
| satisfied | NatWest Group Ulster Bank Limited | A registered charge | 1 property | 07/02/2017 | 25/08/2023 | |
| satisfied | NatWest Group Ulster Bank Limited | A registered charge | 1 property | 27/01/2017 | 25/08/2023 | |
| satisfied | NatWest Group Ulster Bank Limited | A registered charge | 1 property | 27/01/2017 | 25/08/2023 | |
| satisfied | NatWest Group Ulster Bank Limited | A registered charge | 1 property | 27/01/2017 | 25/08/2023 | |
| satisfied | NatWest Group Ulster Bank Limited | A registered charge | — | 23/01/2017 | 13/09/2023 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (134 total)
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-03-19
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-03-19
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2026-01-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-04
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-01-17
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-10-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-20
legacy
miscellaneous · RPCH01
2024-04-25
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-01-30
mortgage-satisfy-charge-full
mortgage · MR04
2023-09-13
mortgage-satisfy-charge-full
mortgage · MR04
2023-08-25
mortgage-satisfy-charge-full
mortgage · MR04
2023-08-25
mortgage-satisfy-charge-full
mortgage · MR04
2023-08-25
mortgage-satisfy-charge-full
mortgage · MR04
2023-08-25
mortgage-satisfy-charge-full
mortgage · MR04
2023-08-25