LAGAN GATE MANAGEMENT 2 LIMITED
Opportunity 76/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 66). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-11-30 | 2023-11-30 |
|---|---|---|
| Average employees | 0 | 0 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
Corporate timeline (10 events)Click to expand
- 2025-05-09📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-08-28📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-08-30📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-08-31📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-05-30📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-09-10📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-07-16📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-11-14🏢Company incorporatedAs LAGAN GATE MANAGEMENT 2 LIMITED
- 2017-11-14➕LEATHEM, Gary appointeddirector
- 2017-11-14📄incorporation-companyincorporation · NEWINC
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Founder age: Director aged approximately 66 — succession pressure is live.
- +No director turnover: Company is 9 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Gary Leathem Individual · Irish · DOB 01/1960 · age 66 | 75–100% | — | board control75-100% shares · board control | 14/11/2017 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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| ORTA EUROPE LTD→ NI735224 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| OSBORNE MEWS MANAGEMENT COMPANY (NI) LIMITED→ NI060623 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
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 →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
Registered office
Filing status
Officers (1 active · 0 resigned)
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