LAGAN AIRPORT MAINTENANCE LIMITED

🏛️Establishedactive

NI646853 · ltd · incorporated 2017-07-10

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 6.5y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

£2.05M

book net assets

Opportunity

78/100

Strong

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What this business does

Primary activity: Construction of other civil engineering projects n.e.c.

Sector: Construction

Investor take

Pursue

Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 78/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 6.5y

70/100

ready

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

· Oldest live charge is 6.5 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Legal-friction score 15/100 — clean.

Data confidence

Overall: high (84/100)

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

2 charges (2/2 with lender, 2/2 with type)

Directors & officers

11 officers (6 active, 11 linked, 9 with DOB)

Ownership & PSC

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

Director network

17 connected companies via shared directors

Filing history

42 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

78/100Strong

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

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £2,054,149

Cash YoY

+40%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£2.6m

↑ 40% YoY

Net Worth

£2.1m

↑ 11% YoY

Current Assets

£6.2m

↑ 66% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-03-31	2024-03-31
Total assets	£2.05M	£1.86M
Current assets	£6.21M	£3.74M
Cash	£2.56M	£1.83M
Net assets	£2.05M	£1.85M

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

🔒Filing-note intelligence

2 signals 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

• 2 persons-with-significant-control
• 1 confirmation-statement

Last 180 days

filings

• 2 persons-with-significant-control
• 1 confirmation-statement
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (37 events)Click to expand

2026-04-15
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-04-15
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-12-19
📄
accounts-with-accounts-type-small
accounts · AA
2024-12-20
📄
accounts-with-accounts-type-small
accounts · AA
2024-11-11
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-11-11
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-10-28
➕
MCALERNON, Darryl appointed
director
2024-10-28
➖
MCALERNON, David Jonathan resigned
director
2024-03-07
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-02-26
➕
WATTERSON, Dave appointed
director
2023-12-20
📄
accounts-with-accounts-type-small
accounts · AA
2023-02-20
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-02-07
➕
MCALERNON, David Jonathan appointed
director
2023-02-03
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-02-01
🔒
Charge registered #2
Lender: Northern Bank Limited
2022-09-22
📄
accounts-with-accounts-type-small
accounts · AA
2022-09-15
📄
change-account-reference-date-company-previous-shortened
accounts · AA01
2022-09-13
📄
accounts-with-accounts-type-small
accounts · AA
2022-01-10
📄
change-person-director-company-with-change-date
officers · CH01
2021-12-15
📄
change-account-reference-date-company-previous-extended
accounts · AA01
2020-12-07
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2020-09-15
📄
accounts-with-accounts-type-small
accounts · AA
2019-12-16
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2019-12-12
🔒
Charge registered #1
Lender: Northern Bank Limited (Trading as Danske Bank)
2019-10-01
➕
RAMSEY, David appointed
director
2019-10-01
➖
FLETCHER, Nicolas Andrew resigned
director
2019-10-01
➖
O'CALLAGHAN, Gerard Austin resigned
director
2018-09-21
➕
AGNEW, Dermott appointed
secretary
2018-09-21
➖
HARROWER-STEELE, Jill resigned
secretary
2018-06-08
➕
MCILHATTON, Kieran Michael appointed
director
2018-06-08
➕
FLETCHER, Nicolas Andrew appointed
director
2018-03-02
➖
LAGAN, Kevin Anthony resigned
director
2018-03-02
➕
O'CALLAGHAN, Gerard Austin appointed
director
2017-07-10
🏢
Company incorporated
As LAGAN AIRPORT MAINTENANCE LIMITED
2017-07-10
➕
TURNER, Steven George appointed
director
2017-07-10
➕
HARROWER-STEELE, Jill appointed
secretary
2017-07-10
➕
LAGAN, Kevin Anthony appointed
director

Owner dependency

48/100

Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS

-5 active directors: Broader management team in place — suggests transferable governance.
+Senior director age: Director aged approximately 58 — approaching natural succession window.

Succession & seller-readiness

40/100

Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.

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

Lagan Aviation & Infrastructure Group Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Lagan Aviation & Infrastructure Group Holdings Limited

Corporate parent · holds 75-100% shares · board control

ultimate parent

⬇

LAGAN AIRPORT MAINTENANCE LIMITED

This company · NI646853

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
Lagan Aviation & Infrastructure Group Holdings Limited Corporate entity	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	31/03/2026

1 historic (ceased) PSC

Lagan Aviation & Infrastructure Limitedceased 31/03/2026· 75-100% shares

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 · Construction · BT postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
BSG CIVIL ENGINEERING LIMITED→ NI021016 · est 1987	£25.64M £18.31M–£32.96M	£36.49M	—	8700	38y	85	73y
E.J.C. CONTRACTS LTD→ NI045412 · est 2003	£24.32M £17.37M–£31.26M	£30.79M	—	6600	23y	90	54y
PETER MCCORMACK & SONS LIMITED→ NI038813 · est 2000	£16.43M £11.74M–£21.13M	—	—	2200	25y	85	60y
P MCVEY BUILDING SYSTEMS LTD→ NI634141 · est 2015	£14.13M £10.09M–£18.17M	£24.15M	—	5400	10y	90	66y
M.J. MCBRIDE CONSTRUCTION LTD→ NI066620 · est 2007	£14.06M £10.04M–£18.07M	£19.82M	—	1500	18y	87	77y
SOUTH BANK SQUARE LTD→ NI605444 · est 2010	£12.16M £8.69M–£15.64M	£13.65M	—	400	15y	86	73y
D B BUILDING CONTRACTS LTD→ NI045897 · est 2003	£8.19M £5.85M–£10.53M	—	—	48	23y	84	60y
J. H. TURKINGTON & SONS LIMITED→ NI018132 · est 1985	£7.97M £5.69M–£10.25M	—	—	8000	41y	84	72y
P MCK LTD→ NI062901 · est 2007	£7.58M £5.42M–£9.75M	£16.85M	—	5100	19y	87	71y
CORICK INVESTMENTS LIMITED→ NI025056 · est 1990	£6.35M £4.54M–£8.16M	—	—	0	35y	92	69y
BAYVIEW CONTRACTS LTD→ NI041488 · est 2001	£4.57M £3.26M–£5.87M	£24.46M	—	17900	24y	87	61y
ADSTON (UK) LIMITED→ NI605512 · est 2010	£4.00M £2.86M–£5.15M	£11.40M	—	1100	15y	100	79y

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

Incorporated2017-07-10

Jurisdictionnorthern-ireland

Primary SIC42990 — Construction of other civil engineering projects n.e.c.

Registered office

21 - 23 Sydenham Road

Belfast

BT3 9HA

United Kingdom

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-04-29

Last: 2026-04-15