MCCONAGHY REFRIGERATED DISTRIBUTION LIMITED

🌳Matureactive
NI626237 · ltd · incorporated 2014-08-19
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 7.9y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
£12.21M
year to Sept 2024
Net worth
—
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: Freight transport by road
Sector: Transportation & storage
Investor take
Pursue
Strong opportunity: conservative operator with strong profile and bankable structure.

Opportunity 79/100 (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: share sale to pe / searcher (85/100).

🏦

Refinance opportunity

1 live charge · oldest 7.9y

95/100
ready

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

  • · Oldest live charge is 7.9 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.
  • · Profitable and stable/growing — lender coverage supportable.

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
28 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
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
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
Profitable
Profit before tax £1,148,874

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Sept 2023Sept 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-09-302023-09-30
Turnover£12.21M—
Gross profit£10.30M—
Operating profit£1.24M—
Profit before tax£1.15M—
Average employees61005500

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

🔒Filing-note intelligence

4 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
0
filings
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2025-06-24
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2025-06-24
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2025-06-17
    📄
    accounts-with-accounts-type-medium
    accounts · AA
  4. 2024-06-12
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  5. 2023-05-24
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  6. 2022-01-13
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  7. 2021-03-22
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  8. 2020-06-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-07-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2018-07-05
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  11. 2018-07-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2018-07-04
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Ireland
  13. 2017-08-17
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2016-08-09
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2016-04-13
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  16. 2015-08-24
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2014-08-19
    🏢
    Company incorporated
    As MCCONAGHY REFRIGERATED DISTRIBUTION LIMITED
  18. 2014-08-19
    ➕
    MCCONAGHY, Jacqueline Anne appointed
    director
  19. 2014-08-19
    ➕
    MCCONAGHY, Richard appointed
    director

Owner dependency

94/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder name in company name: Company name contains director surname "MCCONAGHY" — strong identity link between founder and business.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 12 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

51/100
Moderate signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
  • 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 Richard Daniel Mcconaghy
Individual · British · DOB 11/1968 · age 58
50–75%
50–75%board control50-75% shares · 50-75% voting · board control06/04/2016
Mrs Jacqueline Anne Mcconaghy
Individual · British · DOB 05/1969 · age 57
25–50%
25–50%board control25-50% shares · 25-50% voting · board control06/04/2016

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

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
Incorporated2014-08-19
Jurisdictionnorthern-ireland
Primary SIC49410 — Freight transport by road

Registered office

218 Castlecat Road
Derry Keighan
Ballymoney
County Antrim
BT53 8AT

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-09-01
Last: 2025-08-18

Officers (2 active · 0 resigned)

MCCONAGHY, Jacqueline Anne→
director · ~57y · appointed 2014-08-19
View their other companies + combined net worth →
Active
MCCONAGHY, Richard→
director · ~58y · appointed 2014-08-19
View their other companies + combined net worth →
Active

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
The Governor and Company of the Bank of Ireland
A registered charge—04/07/2018—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (28 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-18
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-06-24
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-06-24
accounts-with-accounts-type-medium
accounts · AA
2025-06-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-23
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-06-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-26
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-05-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-18
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-01-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-30
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-03-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-06-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-08-28