DRUMBO PROPERTIES LIMITED
🏛️Establishedactive
NI642199 · ltd · incorporated 2016-11-17
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 Apr 2025
Net worth
£164.1k
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 72/100 (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: strategic trade sale (63/100).
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
Confirmed no charges registered
85
Directors & officers
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
8 connected companies via shared directors
69
Filing history
28 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
72/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £164,141
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
£164k
Current Assets
£425k
Current Liabilities
—
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-04-30 |
|---|---|
| Total assets | £509.1k |
| Current assets | £424.8k |
| Net assets | £164.1k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
4
filings
- • 2 gazette
- • 1 accounts
- • 1 confirmation-statement
Last 180 days
5
filings
- • 2 accounts
- • 2 gazette
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
- 2026-04-08📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2026-02-25📄gazette-filings-brought-up-to-dategazette · DISS40
- 2026-02-24📄gazette-notice-compulsorygazette · GAZ1
- 2026-01-19📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2025-04-02📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-01-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-04-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-02-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-04-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-04-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-04-01📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-04-01📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2020-01-28📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2018-07-17📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-07-06📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2018-07-06📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2018-07-06📄appoint-person-director-company-with-name-dateofficers · AP01
- 2017-11-17➕HETHERINGTON, William Mark appointeddirector
- 2016-11-17🏢Company incorporatedAs DRUMBO PROPERTIES LIMITED
- 2016-11-17➕HETHERINGTON, Elaine Anne appointedsecretary
- 2016-11-17➕HETHERINGTON, Gary appointeddirector
Owner dependency
66/100
High — earn-out structure requiredMaterial 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 signalLimited 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
cleanNo 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 William Mark Hetherington Individual · British · DOB 09/1969 · age 57 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 17/11/2017 |
Mr Gary Hetherington Individual · British · DOB 12/1973 · age 53 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 17/11/2016 |
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| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| MAPI MANAGEMENT LTD→ NI731816 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| MAPLE AND MAY LTD.→ NI037846 · est 2000 · no financials extracted | — | — | — | — | 26y | — | — |
| MARCOR PROPERTIES LTD→ NI666094 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| MARD INVESTMENTS LTD→ NI731666 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| MARFAGH LTD→ NI735517 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| MARK MCCORMACK PROPERTIES LIMITED→ NI054535 · est 2005 · no financials extracted | — | — | — | — | 21y | — | — |
| MARLBOROUGH PROPERTIES (NI) LTD→ NI611761 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| MARTIN ESTATES COMPANY LIMITED→ R0000521 · est 1898 · no financials extracted | — | — | — | — | 127y | — | — |
| MASSEY INVESTMENT PROPERTIES LTD→ NI725528 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| MASSON PROPERTIES LIMITED→ NI657949 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| MASTER KEY DEVELOPMENTS LTD→ NI672895 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| MASTHEAD (NI) LIMITED→ NI070317 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
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
Incorporated2016-11-17
Jurisdictionnorthern-ireland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
Muir Building
427 Holywood Road
Belfast
BT4 2LT
Northern Ireland
Filing status
Accounts
Next due: 2027-01-27
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-11-30
Last: 2025-11-16
Officers (3 active · 0 resigned)
HETHERINGTON, Elaine Anne→
Activesecretary · appointed 2016-11-17
View their other companies + combined net worth →
HETHERINGTON, Gary→
Activedirector · ~53y · appointed 2016-11-17
View their other companies + combined net worth →
HETHERINGTON, William Mark→
Activedirector · ~57y · appointed 2017-11-17
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (28 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2026-04-08
gazette-filings-brought-up-to-date
gazette · DISS40
2026-02-25
gazette-notice-compulsory
gazette · GAZ1
2026-02-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-19
change-account-reference-date-company-previous-shortened
accounts · AA01
2026-01-19
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-23
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-11
accounts-with-accounts-type-micro-entity
accounts · AA
2023-04-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-03
accounts-with-accounts-type-micro-entity
accounts · AA
2022-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-21
accounts-with-accounts-type-micro-entity
accounts · AA
2021-04-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-22