MULLINAHOE STORES LIMITED

🌳Matureactive

NI634693 · ltd · incorporated 2015-11-06

Investment thesis

Well-run mature business — low negotiation leverage; premium likely.

Why interesting: Textbook target; clean filings, stable trading.

Why risky: No pressure on seller; any deal likely at full price.

Opportunity decay

hardening · 12-months

Already tight — no obvious softening catalysts on the horizon.

· Thesis: well-run, low negotiation leverage

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Nov 2024

Net worth

£244.6k

book net assets

Opportunity

79/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Retail sale in non-specialised stores with food, beverages or tobacco predominating

Sector: Wholesale & retail

Investor take

Pursue

Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 79/100 (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 (73/100).

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

Lenders & charges

Confirmed no charges registered

Directors & officers

4 officers (2 active, 4 linked, 4 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

Network not yet resolved

Filing history

30 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

79/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £244,632

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£245k

↑ 23% YoY

Current Assets

£341k

↑ 20% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2024-11-30	2023-11-30
Total assets	£259.7k	£206.7k
Current assets	£340.5k	£284.5k
Net assets	£244.6k	£199.5k

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

Recent activity

Last 30 days

filings

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filings

• 1 confirmation-statement
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (22 events)Click to expand

2025-11-27
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-10-12
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-11-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-08-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-08-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-08-04
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2016-02-17
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2016-02-05
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2016-02-04
➕
MCCONVILLE, Julie appointed
director
2016-02-04
➕
MCCONVILLE, Patrick appointed
director
2016-02-04
➖
MURESAN, Bernie Noeleen resigned
director
2016-02-04
✏️
certificate-change-of-name-company
change-of-name · CERTNM
2016-02-04
📄
appoint-person-director-company-with-name-date
officers · AP01
2016-02-04
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2016-02-04
📄
appoint-person-director-company-with-name-date
officers · AP01
2015-12-09
➖
DORAN, Elaine resigned
director
2015-12-09
➕
MURESAN, Bernie Noeleen appointed
director
2015-11-06
🏢
Company incorporated
As MULLINAHOE STORES LIMITED
2015-11-06
➕
DORAN, Elaine 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

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mr Patrick Mcconville Individual · Northern Irish · DOB 10/1967 · age 59	25–50%	—	25-50% shares	01/09/2016
Mrs Julie Mcconville Individual · Northern Irish · DOB 02/1975 · age 51	25–50%	—	25-50% shares	01/09/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Retail · BT postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
LAMONT STONE LIMITED→ NI031454 · est 1996	£12.57M £9.43M–£15.71M	—	—	73	29y	87	74y
BLAIR'S CARAVANS LIMITED→ NI012772 · est 1978	£10.95M £8.21M–£13.69M	£13.81M	—	6400	48y	88	58y
BOLAN INVESTMENTS LIMITED→ NI030942 · est 1996	£5.21M £3.91M–£6.52M	—	—	18100	29y	84	72y
CREATIVE GARDENS (NI) LIMITED→ NI043559 · est 2002	£4.31M £3.23M–£5.39M	£13.07M	—	20900	23y	84	77y
MURDOCK HARDWOOD INDUSTRIES LIMITED→ NI015426 · est 1982	£3.94M £2.96M–£4.93M	£14.10M	—	3300	44y	87	63y
STEPHENS CATERING EQUIPMENT COMPANY LIMITED→ NI011092 · est 1975	£2.18M £1.63M–£2.72M	£19.96M	—	9500	50y	85	62y
BASIL KNIPE ELECTRICS LIMITED→ NI070354 · est 2008	£2.04M £1.53M–£2.56M	—	—	4300	17y	87	61y
CHARIOTEER LIMITED→ NI038821 · est 2000	£1.83M £1.37M–£2.29M	£16.58M	—	9400	25y	85	61y
JESROE (SERVICES) LIMITED→ NI033828 · est 1998	£1.19M £889.9k–£1.48M	—	—	3000	28y	87	69y
WINE INNS LIMITED→ NI008313 · est 1971	£1.15M £863.8k–£1.44M	—	—	12200	54y	85	80y
BELFAST TILES AND BATHROOM CENTRE LTD→ NI055324 · est 2005	£80.5k £60.4k–£100.7k	£373.4k	—	300	20y	85	62y
YELLOW BINGO LTD→ NI717184 · est 2024 · no financials extracted	—	—	—	—	1y	—	—

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

Incorporated2015-11-06

Jurisdictionnorthern-ireland

Primary SIC47110 — Retail sale in non-specialised stores with food, beverages or tobacco predominating

Registered office

107 Mullanahoe Road

Dungannon

County Tyrone

BT71 5AX

Northern Ireland

Filing status

Accounts

Next due: 2026-08-31

Last made up to: 2024-11-30

Confirmation statement

Next due: 2027-02-19

Last: 2026-02-05

Officers (2 active · 2 resigned)

MCCONVILLE, Julie→

director · ~51y · appointed 2016-02-04

View their other companies + combined net worth →

Active

MCCONVILLE, Patrick→

director · ~59y · appointed 2016-02-04

View their other companies + combined net worth →

Active

DORAN, Elaine→

director · ~52y · appointed 2015-11-06 · resigned 2015-12-09

Resigned

MURESAN, Bernie Noeleen→

director · ~68y · appointed 2015-12-09 · resigned 2016-02-04

Resigned

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