GORTREA LTD

🌳Matureactive
NI631818 · ltd · incorporated 2015-06-09
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 Jun 2024
Net worth
£156.3k
book net assets
Opportunity
80/100
Exceptional
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Strong opportunity: property-backed borrower with exceptional profile and acceptable with review structure.

Opportunity 80/100 (exceptional), bankability 67/100. 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

3 live charges · 2 lenders · oldest 8.8y

30/100
under pressure

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

  • · Oldest live charge is 8.8 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 (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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
33 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 £156,262
Cash draining
Cash down 94% YoY
Cash YoY
-94%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£2k
↓ 94% YoY
Net Worth
£156k
↑ 15% YoY
Current Assets
£3k
↓ 93% YoY
Current Liabilities
£0£31k£63k£94k£125k£156kJun 2023Jun 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-06-302023-06-30
Total assets£156.3k£135.7k
Current assets£2.6k£38.6k
Cash£2.3k£37.5k
Debtors£312£1.1k
Net assets£156.3k£135.7k

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

🔒Filing-note intelligence

3 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 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2025-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-06-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-11-09
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  4. 2023-11-09
    🔒
    Charge registered #3
    Lender: David Alastair John Mcmanus
  5. 2023-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-06-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-08-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-05-25
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  9. 2020-08-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2019-08-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2019-05-28
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  12. 2018-05-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2017-08-18
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  14. 2017-08-18
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  15. 2017-08-16
    🔒
    Charge registered #2
    Lender: The Governor and Company of the Bank of Ireland
  16. 2017-08-16
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Ireland
  17. 2017-03-09
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  18. 2017-03-03
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  19. 2016-06-07
    MURRAY, Claire appointed
    director
  20. 2016-01-14
    LOUGHRAN, Barry resigned
    director
  21. 2015-08-17
    MURRAY, Alan appointed
    director
  22. 2015-06-09
    🏢
    Company incorporated
    As GORTREA LTD
  23. 2015-06-09
    LOUGHRAN, Barry appointed
    director

Owner dependency

74/100
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.
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

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 59. 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

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Alan Murray
Individual · Northern Irish · DOB 11/1970 · age 56
2550%
25-50% 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 →

Similar companies

Active · Property · BT postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
BALLINAMALLARD ENTERPRISE COMPANY LIMITED
NI034886 · est 1998
£236.5k
£201.0k£271.9k
£236.5k27y8386y
ANTRIM COUNTY INVESTMENT MANAGERS LIMITED
NI020714 · est 1987
£141.8k
£120.5k£163.0k
£141.8k38y8378y
JECK LTD
NI616037 · est 2012
£11.66M270013y8459y
CFR 75 LIMITED
NI623827 · est 2014
£791.1k012y8459y
MCCARTHY PRIME PROPERTIES LTD
NI052166 · est 2004
£10.9k021y8880y
HILLVIEW LODGE LIMITED
NI025138 · est 1990
18735y8776y
STRATHDEN LIMITED
NI626346 · est 2014
20011y8562y
ADREM INVESTMENTS LIMITED
NI031681 · est 1996
029y8377y
ARDFOYLE TRUST
NI016968 · est 1983
70042y8387y
ARDILAUN LTD
NI057602 · est 2005
40020y8376y
ASHTREE INVESTMENTS LIMITED
NI026837 · est 1992
30033y8363y
BALLYKEEL BUSINESS DEVELOPMENT LTD
NI033029 · est 1997 · no financials extracted
28y8384y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 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
Incorporated2015-06-09
Jurisdictionnorthern-ireland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

16 Northland Row
Dungannon
County Tyrone
BT71 6AP
Northern Ireland

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-06-30
Confirmation statement
Next due: 2027-01-14
Last: 2025-12-31

Officers (2 active · 1 resigned)

MURRAY, Alan
director · ~56y · appointed 2015-08-17
View their other companies + combined net worth →
Active
MURRAY, Claire
director · ~59y · appointed 2016-06-07
View their other companies + combined net worth →
Active
LOUGHRAN, Barry
director · ~60y · appointed 2015-06-09 · resigned 2016-01-14
Resigned

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

Mortgages & charges

3
Total charges
3
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
David Alastair John Mcmanus / Alexis John Mcmanus
A registered charge1 property09/11/2023
outstanding
The Governor and Company of the Bank of Ireland
A registered charge1 property16/08/2017
outstanding
The Governor and Company of the Bank of Ireland
A registered charge16/08/2017
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (33 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-24
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-11-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-24
accounts-with-accounts-type-micro-entity
accounts · AA
2021-08-25
change-account-reference-date-company-previous-shortened
accounts · AA01
2021-05-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-30
accounts-with-accounts-type-micro-entity
accounts · AA
2020-08-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-02-18