W & R PROPERTIES LTD
💤Zombieactive
NI636381 · ltd · incorporated 2016-02-11
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 Sept 2024
Net worth
—
book net assets
Opportunity
69/100
Strong
What this business does
Primary activity: Leasing of intellectual property and similar products, except copyright works
Sector: Administrative & support services
Investor take
PursueActive trading company. Reasonable fundamentals — worth a memo before deciding.
Opportunity 69/100 (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. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
40 live charges · 5 lenders · oldest 9.8y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 9.8 years old — likely at or near maturity.
- · 5 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (73/100)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
40 charges (40/40 with lender, 40/40 with type)
90
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 5 total, 5 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
120 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-09-30 |
|---|---|
| Average employees | 0 |
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
1
filing
- • 1 address
Last 90 days
1
filing
- • 1 address
Last 180 days
3
filings
- • 1 address
- • 1 accounts
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (95 events)Click to expand
- 2026-04-23📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2026-02-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-08-27📄gazette-filings-brought-up-to-dategazette · DISS40
- 2025-08-26📄gazette-notice-compulsorygazette · GAZ1
- 2025-03-27📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2024-09-27📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-08-13📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-08-02📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-06-26📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-06-26📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-06-20📄accounts-with-accounts-type-smallaccounts · AA
- 2024-06-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-05-28📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-05-17➖MCLAUGHLIN, William resigneddirector
- 2024-05-17🔒Charge registered #40Lender: Ortus Secured Finance I Limited
- 2024-05-17🔒Charge registered #39Lender: Fiduciam Nominees Limited
- 2024-03-25📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-03-25📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-03-25📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-03-25📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-03-25📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-03-25📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-03-25📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-03-25🔓Charge satisfied #30
- 2024-03-25🔓Charge satisfied #29
- 2024-03-25🔓Charge satisfied #28
- 2024-03-25🔓Charge satisfied #27
- 2024-03-25🔓Charge satisfied #23
- 2024-03-25🔓Charge satisfied #22
- 2024-03-25🔓Charge satisfied #19
- 2024-03-20📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2021-11-24🔓Charge satisfied #26
- 2021-11-24🔓Charge satisfied #25
- 2021-11-24🔓Charge satisfied #24
- 2021-11-24🔓Charge satisfied #21
- 2021-11-24🔓Charge satisfied #20
- 2021-11-24🔓Charge satisfied #18
- 2021-11-24🔓Charge satisfied #6
- 2021-11-24🔓Charge satisfied #5
- 2021-11-24🔓Charge satisfied #4
- 2021-11-24🔓Charge satisfied #3
- 2021-11-24🔓Charge satisfied #2
- 2021-11-24🔓Charge satisfied #1
- 2021-07-30🔒Charge registered #38Lender: Ortus Secured Finance I Limited
- 2021-07-30🔒Charge registered #37Lender: Ortus Secured Finance I Limited
- 2021-07-30🔒Charge registered #36Lender: Ortus Secured Finance I Limited
- 2021-07-30🔒Charge registered #35Lender: Ortus Secured Finance I Limited
- 2021-07-30🔒Charge registered #34Lender: Ortus Secured Finance I Limited
- 2021-07-30🔒Charge registered #33Lender: Ortus Secured Finance I Limited
- 2021-07-30🔒Charge registered #32Lender: Ortus Secured Finance I Limited
Showing most recent 50 of 95 events
Owner dependency
75/100
High — earn-out structure requiredMaterial 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 signalSome 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
1 med · 1 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
10 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Group structure
Kar Build Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Kar Build Ltd
Corporate parent · holds 75-100% shares
⬇
W & R PROPERTIES LTD
This company · NI636381
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Kar Build Ltd Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 17/05/2024 |
4 historic (ceased) PSCs
- W&D Property Ltdceased 17/05/2024· 75-100% shares · 75-100% voting
- W&R Group Ltdceased 17/05/2024· 75-100% shares
- Mr Ryan Mclaughlinceased 18/12/2018· 25-50% shares · 25-50% voting · board control
- Mr William Mclaughlinceased 18/12/2018· 25-50% shares · 25-50% voting · board control
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 · Professional services · BT postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| GOLF HOLDINGS LIMITED→ NI042002 · est 2001 | £18.07M £13.31M–£22.82M | — | — | 3000 | 24y | 88 | 80y |
| MCADAM DESIGN LIMITED→ NI013516 · est 1979 | £15.65M £11.53M–£19.76M | £22.01M | — | 14800 | 47y | 88 | 61y |
| COPIUS (NI) LTD→ NI071245 · est 2008 | £6.20M £4.57M–£7.83M | — | — | 1800 | 17y | 85 | 75y |
| B S LIFT LIMITED→ NI067456 · est 2007 | £4.43M £3.26M–£5.59M | — | — | 36 | 18y | 86 | 76y |
| FIRST CHOICE SELECTION SERVICES LTD→ NI026337 · est 1992 | £3.40M £2.51M–£4.30M | £22.43M | — | 85500 | 34y | 87 | 69y |
| INDUSTRIAL TEMPS LIMITED→ NI029155 · est 1995 | £2.68M £1.97M–£3.38M | £23.87M | — | 123700 | 31y | 87 | 61y |
| VALUE VAN RENTAL UK LTD→ NI629512 · est 2015 | £1.38M £1.02M–£1.75M | £2.12M | — | 700 | 11y | 91 | 58y |
| MOTIS TOLLS LIMITED→ NI627289 · est 2014 | £1.14M £837.7k–£1.44M | £29.30M | — | 0 | 11y | 93 | 59y |
| ENTERPRISE NORTHERN IRELAND LTD→ NI038769 · est 2000 | £7.6k £5.6k–£9.6k | — | — | 32 | 25y | 94 | 63y |
| DAVID J. BOWMAN AND ASSOCIATES LIMITED→ NI055212 · est 2005 | £5.2k £3.9k–£6.6k | £24.6k | — | 100 | 21y | 85 | 82y |
| TODD ARCHITECTS LTD→ NI021213 · est 1988 | — | — | — | 79 | 38y | 89 | 59y |
| LK COMMUNICATIONS (IRELAND) LIMITED→ NI055546 · est 2005 | — | — | — | 700 | 20y | 86 | 65y |
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
Incorporated2016-02-11
Jurisdictionnorthern-ireland
Primary SIC77400 — Leasing of intellectual property and similar products, except copyright works
Registered office
101 Greystone Road
Limavady
BT49 0ND
Northern Ireland
Filing status
Accounts
Next due: 2026-06-28
Last made up to: 2024-09-30
Confirmation statement
Next due: 2027-02-18
Last: 2026-02-04
Officers (1 active · 1 resigned)
MCLAUGHLIN, Ryan→
Activedirector · ~50y · appointed 2016-02-11
View their other companies + combined net worth →
MCLAUGHLIN, William→
Resigneddirector · ~53y · appointed 2016-02-11 · resigned 2024-05-17
Click a director name to see their full track record across all companies.
Mortgages & charges
40
Total charges
10
Outstanding
2
Active lenders
Status:Lender:40 of 40 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Ortus Secured Finance I Ortus Secured Finance I Limited | A registered charge | 4 properties | 17/05/2024 | — | |
| outstanding | Fiduciam Nominees Fiduciam Nominees Limited | A registered charge | 1 property | 17/05/2024 | — | |
| outstanding | Ortus Secured Finance I Ortus Secured Finance I Limited | A registered charge | 2 properties | 30/07/2021 | — | |
| outstanding | Ortus Secured Finance I Ortus Secured Finance I Limited | A registered charge | 2 properties | 30/07/2021 | — | |
| outstanding | Ortus Secured Finance I Ortus Secured Finance I Limited | A registered charge | 2 properties | 30/07/2021 | — | |
| outstanding | Ortus Secured Finance I Ortus Secured Finance I Limited | A registered charge | 2 properties | 30/07/2021 | — | |
| outstanding | Ortus Secured Finance I Ortus Secured Finance I Limited | A registered charge | 2 properties | 30/07/2021 | — | |
| outstanding | Ortus Secured Finance I Ortus Secured Finance I Limited | A registered charge | 2 properties | 30/07/2021 | — | |
| outstanding | Ortus Secured Finance I Ortus Secured Finance I Limited | A registered charge | 3 properties | 30/07/2021 | — | |
| outstanding | Ortus Secured Finance I Ortus Secured Finance I Limited | A registered charge | — | 30/07/2021 | — | |
| satisfied | The Governor and Company of the Bank of Ireland | A registered charge | — | 14/02/2019 | 25/03/2024 | |
| satisfied | The Governor and Company of the Bank of Ireland | A registered charge | 1 property | 26/10/2017 | 25/03/2024 | |
| satisfied | The Governor and Company of the Bank of Ireland | A registered charge | 1 property | 05/10/2017 | 25/03/2024 | |
| satisfied | The Governor and Company of the Bank of Ireland | A registered charge | 1 property | 05/10/2017 | 25/03/2024 | |
| satisfied | The Governor and Company of the Bank of Ireland (As Security Trustee) | A registered charge | 1 property | 28/04/2017 | 24/11/2021 | |
| satisfied | The Governor and Company of the Bank of Ireland (As Security Trustee) | A registered charge | 1 property | 17/11/2016 | 24/11/2021 | |
| satisfied | The Governor and Company of the Bank of Ireland (As Security Trustee) | A registered charge | 1 property | 17/11/2016 | 24/11/2021 | |
| satisfied | The Governor and Company of the Bank of Ireland (As Security Trustee) | A registered charge | 1 property | 17/11/2016 | 25/03/2024 | |
| satisfied | The Governor and Company of the Bank of Ireland (As Security Trustee) | A registered charge | — | 17/11/2016 | 25/03/2024 | |
| satisfied | The Governor and Company of the Bank of Ireland (As Security Trustee) | A registered charge | — | 17/11/2016 | 24/11/2021 | |
| satisfied | The Governor and Company of the Bank of Ireland | A registered charge | 1 property | 17/11/2016 | 24/11/2021 | |
| satisfied | The Governor and Company of the Bank of Ireland | A registered charge | 1 property | 17/11/2016 | 25/03/2024 | |
| satisfied | The Governor and Company of the Bank of Ireland | A registered charge | 1 property | 17/11/2016 | 24/11/2021 | |
| satisfied | Tennent's NI Tennent's NI Limited | A registered charge | — | 17/11/2016 | 03/12/2018 | |
| satisfied | Tennent's NI Tennent's NI Limited | A registered charge | 1 property | 17/11/2016 | 03/12/2018 | |
| satisfied | Tennent's NI Tennent's NI Limited | A registered charge | 1 property | 17/11/2016 | 03/12/2018 | |
| satisfied | Tennent's NI Tennent's NI Limited | A registered charge | 1 property | 17/11/2016 | 03/12/2018 | |
| satisfied | Tennent's NI Tennent's NI Limited | A registered charge | 1 property | 17/11/2016 | 03/12/2018 | |
| satisfied | Tennent's NI Tennent's NI Limited | A registered charge | 1 property | 17/11/2016 | 03/12/2018 | |
| satisfied | Tennent's NI Tennent's NI Limited | A registered charge | 2 properties | 17/11/2016 | 03/12/2018 | |
| satisfied | Tennent's NI Tennent's NI Limited | A registered charge | 1 property | 17/11/2016 | 03/12/2018 | |
| satisfied | Tennent's NI Tennent's NI Limited | A registered charge | 1 property | 17/11/2016 | 03/12/2018 | |
| satisfied | Tennent's NI Tennent's NI Limited | A registered charge | 1 property | 17/11/2016 | 03/12/2018 | |
| satisfied | Tennent's NI Tennent's NI Limited | A registered charge | 1 property | 17/11/2016 | 03/12/2018 | |
| satisfied | The Governor and Company of the Bank of Ireland (As Security Trustee) | A registered charge | — | 03/08/2016 | 24/11/2021 | |
| satisfied | The Governor and Company of the Bank of Ireland (As Security Trustee) | A registered charge | — | 03/08/2016 | 24/11/2021 | |
| satisfied | The Governor and Company of the Bank of Ireland (As Security Trustee) | A registered charge | 1 property | 03/08/2016 | 24/11/2021 | |
| satisfied | The Governor and Company of the Bank of Ireland (As Security Trustee) | A registered charge | 1 property | 03/08/2016 | 24/11/2021 | |
| satisfied | The Governor and Company of the Bank of Ireland (As Security Trustee) | A registered charge | — | 03/08/2016 | 24/11/2021 | |
| satisfied | The Governor and Company of the Bank of Ireland (As Security Trustee) | A registered charge | — | 03/08/2016 | 24/11/2021 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (120 total)
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-04-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-05
confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-04
gazette-filings-brought-up-to-date
gazette · DISS40
2025-08-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-26
gazette-notice-compulsory
gazette · GAZ1
2025-08-26
change-account-reference-date-company-previous-extended
accounts · AA01
2025-03-27
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-09-27
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-08-13
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-08-02
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-06-26
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-26
termination-director-company-with-name-termination-date
officers · TM01
2024-06-26
accounts-with-accounts-type-small
accounts · AA
2024-06-20
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-06-05