ABCL DEVELOPMENTS LTD
🏛️Establishedactive
NI655765 · ltd · incorporated 2018-09-17
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 Sept 2024
Net worth
—
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: Construction of domestic buildings
Sector: Construction
Investor take
PursueActive trading company with a 66-year-old founder — textbook succession opportunity.
Opportunity 77/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 66). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
Data confidence
Overall: high (80/100)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
75
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
7 connected companies via shared directors
66
Filing history
17 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-09-30 | 2023-09-30 |
|---|---|---|
| Average employees | 0 | 0 |
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
0
filings
Counts from Companies House filing history.
Corporate timeline (14 events)Click to expand
- 2025-04-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-06-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-06-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-09-15📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-09-15📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-06-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-08-17📄accounts-amended-with-accounts-type-total-exemption-fullaccounts · AAMD
- 2021-06-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-06-11📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-09-17🏢Company incorporatedAs ABCL DEVELOPMENTS LTD
- 2018-09-17➕MCCANN, Laurence appointedsecretary
- 2018-09-17➕MCCANN, Laurence appointeddirector
- 2018-09-17➕MIMNAGH, Adrian appointeddirector
- 2018-09-17📄incorporation-companyincorporation · NEWINC
Owner dependency
73/100
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.
- +Founder age: Director aged approximately 66 — succession pressure is live.
Succession & seller-readiness
56/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
- 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 Laurence Mccann Individual · Irish · DOB 08/1960 · age 66 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 17/09/2018 |
Mr Adrian Mimnagh Individual · Northern Irish · DOB 10/1982 · age 44 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 17/09/2018 |
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 |
|---|---|---|---|---|---|---|---|
| A & E CONSTRUCTION SERVICES LTD→ NI600986 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| ACORN (NI) LIMITED→ NI612961 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| ACR ENERGY SOLUTIONS LIMITED→ NI613113 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| ACS CIVILS LTD→ NI628962 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| ACUR ELECTRICAL LTD→ NI677286 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ADMAN CIVIL PROJECTS LIMITED→ NI064545 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| ADMAN CONSTRUCTION LIMITED→ NI675070 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ADMAN SERVICES LIMITED→ NI644836 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| ADMANOTTJV LIMITED→ NI704828 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ADOW CONSTRUCTION MANAGEMENT SERVICES LTD→ NI693385 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ADR DEMOLITION LTD→ NI659218 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| ADRIAN & URSULA BOOTH NI LTD→ NI611691 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
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
Incorporated2018-09-17
Jurisdictionnorthern-ireland
Primary SIC41202 — Construction of domestic buildings
Registered office
7 Letfern Avenue
Tattyreagh
Omagh
County Tyrone
BT78 1LA
Northern Ireland
Filing status
Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-09-30
Last: 2025-09-16
Officers (3 active · 0 resigned)
Active
MCCANN, Laurence→
Activedirector · ~66y · appointed 2018-09-17
View their other companies + combined net worth →
MIMNAGH, Adrian→
Activedirector · ~44y · appointed 2018-09-17
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (17 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-09-15
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-09-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-17
accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2021-08-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-16
accounts-with-accounts-type-dormant
accounts · AA
2020-06-11