MALLAGHAN AIRPORT BUS COMPANY LIMITED

🏛️Establishedactive
NI645858 · ltd · incorporated 2017-05-17
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 6.6y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
73/100
Strong
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What this business does
Primary activity: SIC 29201
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 73/100 (strong), bankability 80/100. 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).

🏦

Refinance opportunity

1 live charge · oldest 6.6y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 6.6 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (58/100)

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
No iXBRL financials extracted
0
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
27 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
1
filing
  • • 1 confirmation-statement
Last 90 days
1
filing
  • • 1 confirmation-statement
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2025-09-29
    📄
    accounts-with-accounts-type-small
    accounts · AA
  2. 2024-09-26
    📄
    accounts-with-accounts-type-small
    accounts · AA
  3. 2024-06-03
    📄
    auditors-resignation-company
    auditors · AUD
  4. 2023-10-16
    📄
    accounts-with-accounts-type-small
    accounts · AA
  5. 2022-11-07
    📄
    accounts-with-accounts-type-small
    accounts · AA
  6. 2021-10-05
    📄
    accounts-with-accounts-type-small
    accounts · AA
  7. 2021-07-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2021-06-30
    ➖
    O'CALLAGHAN, Gerard Austin resigned
    director
  9. 2020-10-05
    📄
    accounts-with-accounts-type-small
    accounts · AA
  10. 2020-07-22
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2019-10-31
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  12. 2019-10-30
    🔒
    Charge registered #1
    Lender: Hsbc UK Bank PLC
  13. 2019-10-17
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2019-10-15
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2019-10-01
    ➕
    O'CALLAGHAN, Gerard Austin appointed
    director
  16. 2019-02-15
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  17. 2019-02-01
    📄
    resolution
    resolution · RESOLUTIONS
  18. 2019-01-31
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  19. 2019-01-21
    📄
    resolution
    resolution · RESOLUTIONS
  20. 2019-01-21
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  21. 2017-05-17
    🏢
    Company incorporated
    As MALLAGHAN AIRPORT BUS COMPANY LIMITED
  22. 2017-05-17
    ➕
    MALLAGHAN, Niall appointed
    director
  23. 2017-05-17
    ➕
    MALLAGHAN, Ronan appointed
    director

Owner dependency

81/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder name in company name: Company name contains director surname "MALLAGHAN" — strong identity link between founder and business.
  • +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

Mallaghan (Holdings) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Mallaghan (Holdings) Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
MALLAGHAN AIRPORT BUS COMPANY LIMITED
This company · NI645858

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
Mallaghan (Holdings) Limited
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control17/05/2017

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
Incorporated2017-05-17
Jurisdictionnorthern-ireland
Primary SIC29201 — SIC 29201

Registered office

115 Coalisland Road
Dungannon
BT71 6LA
Northern Ireland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-05-22
Last: 2026-05-08

Officers (2 active · 1 resigned)

MALLAGHAN, Niall→
director · ~56y · appointed 2017-05-17
View their other companies + combined net worth →
Active
MALLAGHAN, Ronan→
director · ~53y · appointed 2017-05-17
View their other companies + combined net worth →
Active
O'CALLAGHAN, Gerard Austin→
director · ~52y · appointed 2019-10-01 · resigned 2021-06-30
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
HSBC
Hsbc UK Bank PLC
A registered charge1 property30/10/2019—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (27 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-19
accounts-with-accounts-type-small
accounts · AA
2025-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-18
accounts-with-accounts-type-small
accounts · AA
2024-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-26
auditors-resignation-company
auditors · AUD
2024-06-03
accounts-with-accounts-type-small
accounts · AA
2023-10-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-08
accounts-with-accounts-type-small
accounts · AA
2022-11-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-20
accounts-with-accounts-type-small
accounts · AA
2021-10-05
termination-director-company-with-name-termination-date
officers · TM01
2021-07-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-14
accounts-with-accounts-type-small
accounts · AA
2020-10-05
change-person-director-company-with-change-date
officers · CH01
2020-07-22