AVONDALE ESTATE MANAGEMENT COMPANY LIMITED
💤Zombieactive
NI660607 · private-limited-guarant-nsc · incorporated 2019-04-12
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 Apr 2025
Net worth
—
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: Management of real estate on a fee or contract basis
Sector: Real estate
Investor take
PursueActive trading company with a 65-year-old founder — textbook succession opportunity.
Opportunity 76/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 65). 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 (69/100)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
4 officers (2 active, 4 linked, 3 with DOB)
85
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
21 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
70
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 | 2025-04-30 | 2024-04-30 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
1
filing
- • 1 confirmation-statement
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
- 2025-09-15➕MCMULLAN, Colin appointeddirector
- 2025-09-15📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-09-15📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-06-03📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-03-25➕MCMULLAN, Colin appointedsecretary
- 2025-03-25📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-03-25📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2025-03-07➖HIGGINS, Derek resigneddirector
- 2025-02-14📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-02-19📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-04-14➕HIGGINS, Derek appointeddirector
- 2023-04-14➖WYLIE, Conor resigneddirector
- 2023-04-14📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-04-14📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-04-14📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-01-24📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-02-14📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-05-25📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-04-12🏢Company incorporatedAs AVONDALE ESTATE MANAGEMENT COMPANY LIMITED
- 2019-04-12➕WYLIE, Conor appointeddirector
- 2019-04-12📄incorporation-companyincorporation · NEWINC
Owner dependency
90/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
- +Founder age: Director aged approximately 65 — succession pressure is live.
Succession & seller-readiness
65/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 65. 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Similar companies
Active · Property · BT postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| GLEN VALLEY PROPERTIES LIMITED→ NI658181 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| GLENMULLIN LTD→ NI685683 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| GLENVAR LAND AND PROPERTY LIMITED→ NI729112 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| GLENVIEW HOMES LTD→ NI691113 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| GLOVER MOSS PROPERTIES LIMITED→ NI655537 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| GORTREA LTD→ NI631818 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| GOSS RENTALS LTD→ NI711162 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| GRANAGH CONSTRUCTION LTD→ NI625225 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| GRAND MANOR GROUP LTD→ NI734346 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| GRANSHA PROPERTIES LIMITED→ NI714226 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| GRB LIMITED→ NI729382 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| GRB PROPERTY LIMITED→ NI677194 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
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 →🔒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
Typeprivate-limited-guarant-nsc
Incorporated2019-04-12
Jurisdictionnorthern-ireland
Primary SIC68320 — Management of real estate on a fee or contract basis
Registered office
1 Avondale
Greenisland
Carrickfergus
BT38 8DR
Northern Ireland
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-03-16
Last: 2026-03-02
Officers (2 active · 2 resigned)
Active
MCMULLAN, Colin→
Activedirector · ~65y · appointed 2025-09-15
View their other companies + combined net worth →
HIGGINS, Derek→
Resigneddirector · ~77y · appointed 2023-04-14 · resigned 2025-03-07
WYLIE, Conor→
Resigneddirector · ~60y · appointed 2019-04-12 · resigned 2023-04-14
Click a director name to see their full track record across all companies.
Recent filings (21 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-25
accounts-with-accounts-type-dormant
accounts · AA
2025-09-15
appoint-person-director-company-with-name-date
officers · AP01
2025-09-15
termination-director-company-with-name-termination-date
officers · TM01
2025-06-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-10
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-03-25
appoint-person-secretary-company-with-name-date
officers · AP03
2025-03-25
accounts-with-accounts-type-dormant
accounts · AA
2025-02-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-22
accounts-with-accounts-type-dormant
accounts · AA
2024-02-19
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-04-14
termination-director-company-with-name-termination-date
officers · TM01
2023-04-14
appoint-person-director-company-with-name-date
officers · AP01
2023-04-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-16
accounts-with-accounts-type-dormant
accounts · AA
2023-01-24