TIVANAGH HOLDINGS LIMITED

💤Zombieactive
NI626249 · ltd · incorporated 2014-08-19
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.
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: Freight transport by road
Sector: Transportation & storage
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 75/100 (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 (58/100).

🏦

Refinance opportunity

5 live charges · 3 lenders · oldest 8.4y

15/100
under pressure

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

  • · Oldest live charge is 8.4 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (81/100)

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
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
3 officers (2 active, 3 linked, 1 with DOB)
77
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
41 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
75/100Strong
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
100
Good data coverage for analysis.

Key financials

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

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Average employees00

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 (29 events)Click to expand
  1. 2025-09-16
    📄
    accounts-with-accounts-type-group
    accounts · AA
  2. 2024-09-11
    📄
    accounts-with-accounts-type-group
    accounts · AA
  3. 2023-09-29
    📄
    accounts-with-accounts-type-group
    accounts · AA
  4. 2022-09-09
    📄
    accounts-with-accounts-type-group
    accounts · AA
  5. 2021-09-23
    📄
    accounts-with-accounts-type-group
    accounts · AA
  6. 2021-02-19
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  7. 2021-02-19
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2021-02-19
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2020-12-02
    📄
    accounts-with-accounts-type-group
    accounts · AA
  10. 2019-12-09
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2019-07-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2019-03-04
    📄
    memorandum-articles
    incorporation · MA
  13. 2019-02-11
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  14. 2019-01-28
    📄
    resolution
    resolution · RESOLUTIONS
  15. 2019-01-25
    📄
    resolution
    resolution · RESOLUTIONS
  16. 2018-11-30
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  17. 2018-11-30
    🔓
    Charge satisfied #2
  18. 2018-11-22
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  19. 2018-11-22
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  20. 2018-11-15
    🔒
    Charge registered #5
    Lender: Aib Group (UK) P.L.C
  21. 2018-11-15
    🔒
    Charge registered #4
    Lender: Aib Group (UK) P.L.C
  22. 2018-11-15
    🔒
    Charge registered #3
    Lender: Aib Group (UK) P.L.C
  23. 2018-01-19
    DERRY, Fiona appointed
    secretary
  24. 2018-01-19
    LOUGHRAN, Caitriona resigned
    secretary
  25. 2017-12-27
    🔒
    Charge registered #2
    Lender: Close Brothers Limited (The “Security Trustee”)
  26. 2017-12-21
    🔒
    Charge registered #1
    Lender: Close Invoice Finance Limited
  27. 2017-12-07
    LOUGHRAN, Caitriona appointed
    secretary
  28. 2014-08-19
    🏢
    Company incorporated
    As TIVANAGH HOLDINGS LIMITED
  29. 2014-08-19
    DERRY, Patrick Jonathan appointed
    director

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

50/100
Moderate signal

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

SIGNALS
  • 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

clean
No 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%
NameSharesVoting rightsNature of controlNotified
Mr Patrick Jonathan Derry
Individual · Irish · DOB 06/1979 · age 47
75100%
75-100% shares06/04/2016

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

Registered office

90 Charlestown Road
Portadown
Craigavon
BT63 5PP
Northern Ireland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-08-30
Last: 2025-08-16

Officers (2 active · 1 resigned)

DERRY, Fiona
secretary · appointed 2018-01-19
View their other companies + combined net worth →
Active
DERRY, Patrick Jonathan
director · ~47y · appointed 2014-08-19
View their other companies + combined net worth →
Active
LOUGHRAN, Caitriona
secretary · appointed 2017-12-07 · resigned 2018-01-19
Resigned

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

Mortgages & charges

5
Total charges
4
Outstanding
2
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
outstanding
Aib Group (UK) P.L.C
A registered charge15/11/2018
outstanding
Aib Group (UK) P.L.C
A registered charge15/11/2018
outstanding
Aib Group (UK) P.L.C
A registered charge15/11/2018
satisfied
Close Brothers
Close Brothers Limited (The “Security Trustee”)
A registered charge27/12/201730/11/2018
outstanding
Close Invoice Finance
Close Invoice Finance Limited
A registered charge1 property21/12/2017
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (41 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-28
accounts-with-accounts-type-group
accounts · AA
2025-09-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-25
accounts-with-accounts-type-group
accounts · AA
2024-09-11
accounts-with-accounts-type-group
accounts · AA
2023-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-17
accounts-with-accounts-type-group
accounts · AA
2022-09-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-06
accounts-with-accounts-type-group
accounts · AA
2021-09-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-27
change-person-secretary-company-with-change-date
officers · CH03
2021-02-19
change-person-director-company-with-change-date
officers · CH01
2021-02-19
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-02-19
accounts-with-accounts-type-group
accounts · AA
2020-12-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-05