DRUMGOWNA PROPERTIES LIMITED

🌳Matureactive
NI632816 · ltd · incorporated 2015-08-05
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 Aug 2024
Net worth
—
book net assets
Opportunity
74/100
Strong
🔔
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
Pursue
Strong opportunity: active trading company 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: medium (72/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
5 officers (2 active, 5 linked, 4 with DOB)
86
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
38 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.

Key financials

1 year extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-08-31
Average employees0

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

🔒Filing-note intelligence

1 signal 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 (27 events)Click to expand
  1. 2025-05-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-11-27
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  3. 2024-11-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-10-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2024-08-27
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  6. 2024-05-28
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  7. 2023-10-25
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  8. 2023-10-24
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  9. 2023-07-27
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  10. 2023-05-25
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  11. 2022-01-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2021-03-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2020-08-10
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  14. 2020-08-10
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  15. 2020-08-10
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  16. 2020-08-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2020-07-24
    📄
    second-filing-of-director-appointment-with-name
    officers · RP04AP01
  18. 2019-08-29
    📄
    legacy
    miscellaneous · RP04CS01
  19. 2016-06-16
    ➕
    MCCORMICK, Alison appointed
    director
  20. 2016-06-16
    ➕
    MCCORMICK, Darren appointed
    director
  21. 2016-06-16
    ➖
    MCCORMICK, Anna Jean Elizabeth resigned
    secretary
  22. 2016-06-16
    ➖
    MCCORMICK, Anna Jean Elizabeth resigned
    director
  23. 2016-06-16
    ➖
    MCCORMICK, Benjamin Scott resigned
    director
  24. 2015-08-05
    🏢
    Company incorporated
    As DRUMGOWNA PROPERTIES LIMITED
  25. 2015-08-05
    ➕
    MCCORMICK, Anna Jean Elizabeth appointed
    secretary
  26. 2015-08-05
    ➕
    MCCORMICK, Anna Jean Elizabeth appointed
    director
  27. 2015-08-05
    ➕
    MCCORMICK, Benjamin Scott 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

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Mccormick Farms Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Mccormick Farms Ltd
Corporate parent · holds 75-100% shares
ultimate parent
⬇
DRUMGOWNA PROPERTIES LIMITED
This company · NI632816

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mccormick Farms Ltd
Corporate entity
75–100%
75–100%75-100% shares · 75-100% voting05/08/2018
2 historic (ceased) PSCs
  • Mr Darren Mccormickceased 05/08/2018· 25-50% shares · 25-50% voting
  • Mrs Alison Mccormickceased 05/08/2018· 25-50% shares · 25-50% voting

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
Incorporated2015-08-05
Jurisdictionnorthern-ireland
Primary SIC68100 — Buying and selling of own real estate

Registered office

19 Greenhill Road, Ardmore
Brookeborough
Enniskillen
BT94 4EF
Northern Ireland

Filing status

Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-08-18
Last: 2025-08-04

Officers (2 active · 3 resigned)

MCCORMICK, Alison→
director · ~47y · appointed 2016-06-16
View their other companies + combined net worth →
Active
MCCORMICK, Darren→
director · ~48y · appointed 2016-06-16
View their other companies + combined net worth →
Active
MCCORMICK, Anna Jean Elizabeth→
secretary · appointed 2015-08-05 · resigned 2016-06-16
Resigned
MCCORMICK, Anna Jean Elizabeth→
director · ~80y · appointed 2015-08-05 · resigned 2016-06-16
Resigned
MCCORMICK, Benjamin Scott→
director · ~87y · appointed 2015-08-05 · resigned 2016-06-16
Resigned

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

Recent filings (38 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-14
change-account-reference-date-company-previous-extended
accounts · AA01
2024-11-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-08
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-10-08
change-account-reference-date-company-current-shortened
accounts · AA01
2024-08-27
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-05-28
gazette-filings-brought-up-to-date
gazette · DISS40
2023-10-25
gazette-notice-compulsory
gazette · GAZ1
2023-10-24
confirmation-statement-with-updates
confirmation-statement · CS01
2023-10-20
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-07-27
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-05-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-01-06