ULTRATHERM CONSERVATORIES LIMITED

🏛️Establishedactive
NI657481 · ltd · incorporated 2018-11-30
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.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
£185.9k
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. 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
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
20 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 · accounting standard not declared
Positive net assets
Net assets £185,933

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£186k
↑ 47% YoY
Current Assets
£293k
↑ 4.4% YoY
Current Liabilities
£0£59k£117k£176k£235k£293kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£185.9k£126.1k
Current assets£293.4k£281.0k
Net assets£185.9k£126.1k

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

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (16 events)Click to expand
  1. 2025-12-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-11-10
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2024-12-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-02-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2024-01-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-11-01
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  7. 2022-11-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2021-07-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2020-11-24
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  11. 2020-11-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2020-08-26
    📄
    resolution
    resolution · RESOLUTIONS
  13. 2018-11-30
    🏢
    Company incorporated
    As ULTRATHERM CONSERVATORIES LIMITED
  14. 2018-11-30
    CONNOLLY, Desmond appointed
    director
  15. 2018-11-30
    CONNOLLY, Elaine Martha appointed
    director
  16. 2018-11-30
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

71/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 7 years old with no director changes — suggests a very tight-knit founder team never broadened.

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.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Elaine Martha Connolly
Individual · Northern Irish · DOB 07/1982 · age 44
2550%
25-50% shares01/11/2020
Mr Desmond Connolly
Individual · Northern Irish · DOB 02/1983 · age 43
2550%
25-50% shares30/11/2018

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 →
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Company details

Statusactive
Typeltd
Incorporated2018-11-30
Jurisdictionnorthern-ireland
Primary SIC43290 — Other construction installation

Registered office

Unit 4 22a Ballykelly Road
Banbridge
BT32 4PS
Northern Ireland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-10-22
Last: 2025-10-08

Officers (2 active · 0 resigned)

CONNOLLY, Desmond
director · ~43y · appointed 2018-11-30
View their other companies + combined net worth →
Active
CONNOLLY, Elaine Martha
director · ~44y · appointed 2018-11-30
View their other companies + combined net worth →
Active

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

Recent filings (20 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-19
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-11-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-08
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-26
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-02-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-27
change-account-reference-date-company-previous-extended
accounts · AA01
2023-11-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-02
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-02
accounts-with-accounts-type-micro-entity
accounts · AA
2021-09-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-07-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-12