WRC FITTERS LTD

💤Zombieactive
NI649670 · ltd · incorporated 2017-12-05
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
£168.0k
book net assets
Opportunity
72/100
Strong
🔔
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What this business does
Primary activity: Other construction installation
Sector: Construction
Investor take
Pursue
Strong 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. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -52% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (78/100)

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
25 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
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 · FRS 102
Positive net assets
Net assets £167,980
Net assets shrinking
Down £48,544 YoY
Cash draining
Cash down 52% YoY
Cash YoY
-52%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£67k
↓ 52% YoY
Net Worth
£168k
↓ 22% YoY
Current Assets
£255k
↑ 31% YoY
Current Liabilities
£0£51k£102k£153k£204k£255kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Total assets£168.0k£216.5k
Current assets£255.1k£195.0k
Cash£66.8k£140.0k
Debtors£148.3k£35.0k
Net assets£168.0k£216.5k

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
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2025-08-20
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2024-11-06
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2024-11-06
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2024-11-06
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  5. 2024-11-06
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  6. 2024-11-01
    O'REILLY, Sean appointed
    director
  7. 2024-11-01
    O'REILLY, Elizabeth resigned
    director
  8. 2024-09-23
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  9. 2023-09-18
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  10. 2022-12-23
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  11. 2021-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2020-09-28
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  13. 2020-07-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2019-09-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2018-12-07
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  16. 2018-12-07
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  17. 2018-08-31
    HOOKS, Diane resigned
    director
  18. 2018-08-31
    O'REILLY, Elizabeth appointed
    director
  19. 2018-08-31
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  20. 2018-08-31
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  21. 2017-12-05
    🏢
    Company incorporated
    As WRC FITTERS LTD
  22. 2017-12-05
    HOOKS, Diane appointed
    director
  23. 2017-12-05
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
Moderate signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Sean O'Reilly
Individual · Irish · DOB 12/1977 · age 49
75100%
75-100% shares01/11/2024
2 historic (ceased) PSCs
  • Mrs Elizabeth O'Reillyceased 01/11/2024· 75-100% shares
  • Ms Diane Hooksceased 31/08/2018· 75-100% shares

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated2017-12-05
Jurisdictionnorthern-ireland
Primary SIC43290 — Other construction installation

Registered office

9 Havana Walk
Belfast
BT14 7QJ
Northern Ireland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-18
Last: 2025-12-04

Officers (1 active · 2 resigned)

O'REILLY, Sean
director · ~49y · appointed 2024-11-01
View their other companies + combined net worth →
Active
HOOKS, Diane
director · ~39y · appointed 2017-12-05 · resigned 2018-08-31
Resigned
O'REILLY, Elizabeth
director · ~72y · appointed 2018-08-31 · resigned 2024-11-01
Resigned

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

Recent filings (25 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-12-18
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-08-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-20
termination-director-company-with-name-termination-date
officers · TM01
2024-11-06
appoint-person-director-company-with-name-date
officers · AP01
2024-11-06
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-11-06
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-11-06
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-09-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-11
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-09-18
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-22
confirmation-statement-with-updates
confirmation-statement · CS01
2021-12-20
confirmation-statement-with-updates
confirmation-statement · CS01
2021-01-22