INNOVATE-NI LTD

🏛️Establishedactive

NI640646 · ltd · incorporated 2016-09-06

Investment thesis

Established operating company — standard diligence applies, no dominant angle.

Why interesting: Live, filing, normal profile.

Why risky: No standout signals in either direction.

Why now

Window steady · low confidence

Stable recent picture — watch for any upcoming trigger event.

What changed my view

Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Dec 2024

Net worth

£2.2k

book net assets

Opportunity

77/100

Strong

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

What this business does

Primary activity: Management consultancy activities other than financial management

Sector: Professional, scientific & technical

Investor take

Pursue

Asset-holding vehicle with a 68-year-old founder — textbook succession opportunity.

Opportunity 77/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 68). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

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

Lenders & charges

Confirmed no charges registered

Directors & officers

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

Ownership & PSC

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

Director network

8 connected companies via shared directors

Filing history

28 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

77/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

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 · FRS 105 (micro)

Positive net assets

Net assets £2,222

Net assets shrinking

Down £5,064 YoY

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£2k

↓ 70% YoY

Current Assets

£35k

↑ 10% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)

Metric	2024-12-31	2023-12-31
Current assets	£34.9k	£31.7k
Net assets	£2.2k	£7.3k

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

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (19 events)Click to expand

2025-12-22
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-24
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-10
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-06
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-03-12
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-03-16
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-09-09
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2019-09-05
📄
change-person-director-company-with-change-date
officers · CH01
2019-09-05
📄
change-person-director-company-with-change-date
officers · CH01
2019-09-05
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2019-03-01
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-09-12
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2018-03-16
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-09-11
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2017-09-07
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2017-07-25
📄
capital-allotment-shares
capital · SH01
2016-09-06
🏢
Company incorporated
As INNOVATE-NI LTD
2016-09-06
➕
MCGEE, Clare appointed
director
2016-09-06
➕
TOAL, Bernard Robert, Dr appointed
director

Owner dependency

78/100

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.
+Founder age: Director aged approximately 68 — succession pressure is live.
+No director turnover: Company is 10 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

56/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
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.)

Shareholders & ownership

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Miss Clare Mcgee Individual · Irish · DOB 01/1980 · age 46	25–50%	25–50%	board control25-50% shares · 25-50% voting · board control	06/09/2016
Dr Bernard Robert Toal Individual · Irish · DOB 04/1958 · age 68	25–50%	25–50%	board control25-50% shares · 25-50% voting · board control	06/09/2016

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 · Professional services · BT postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
MCADAM DESIGN LIMITED→ NI013516 · est 1979	£19.03M £14.02M–£24.04M	£24.92M	—	15800	47y	88	61y
GOLF HOLDINGS LIMITED→ NI042002 · est 2001	£18.07M £13.31M–£22.82M	—	—	3000	24y	88	80y
DORAN CONSULTING LIMITED→ NI055181 · est 2005	£13.17M £9.70M–£16.63M	—	—	136	21y	85	65y
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
VAUGHAN ENGINEERING SERVICES LIMITED→ NI003617 · est 1955	£2.73M £2.01M–£3.44M	—	—	12000	70y	85	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	26y	94	64y
DAVID J. BOWMAN AND ASSOCIATES LIMITED→ NI055212 · est 2005	£5.2k £3.9k–£6.6k	£24.6k	—	100	21y	85	82y

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

Incorporated2016-09-06

Jurisdictionnorthern-ireland

Primary SIC70229 — Management consultancy activities other than financial management

Registered office

Holywell Diversecity

10-14 Bishop Street

Derry

BT48 6PW

Northern Ireland

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2026-09-19

Last: 2025-09-05

Officers (2 active · 0 resigned)

MCGEE, Clare→

director · ~46y · appointed 2016-09-06

View their other companies + combined net worth →

Active

TOAL, Bernard Robert, Dr→

director · ~68y · appointed 2016-09-06

View their other companies + combined net worth →

Active

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