THE SHANNON PROJECT LTD

🏛️Establishedactive

NI663632 · ltd · incorporated 2019-08-09

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 Aug 2025

Net worth

—

book net assets

Opportunity

77/100

Strong

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What this business does

Primary activity: Development of building projects

Sector: Construction

Investor take

Pursue

Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 77/100 (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 (65/100).

Data confidence

Overall: high (81/100)

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

Lenders & charges

Confirmed no charges registered

Directors & officers

4 officers (3 active, 4 linked, 4 with DOB)

Ownership & PSC

3 active PSC(s) of 4 total, 4 with control declared

Director network

7 connected companies via shared directors

Filing history

16 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

77/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality

Adequate — check latest filings for context.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

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	2025-08-31	2024-08-31

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

Recent activity

Last 30 days

filing

• 1 accounts

Last 90 days

filing

• 1 accounts

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (16 events)Click to expand

2026-05-13
📄
accounts-with-accounts-type-dormant
accounts · AA
2025-05-13
📄
accounts-with-accounts-type-dormant
accounts · AA
2024-05-24
📄
accounts-with-accounts-type-dormant
accounts · AA
2023-05-04
📄
accounts-with-accounts-type-dormant
accounts · AA
2022-05-04
📄
accounts-with-accounts-type-dormant
accounts · AA
2020-09-22
📄
accounts-with-accounts-type-dormant
accounts · AA
2020-08-07
📄
termination-director-company-with-name-termination-date
officers · TM01
2020-08-07
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-08-07
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2020-08-01
➖
FEGAN, Stephen resigned
director
2019-08-09
🏢
Company incorporated
As THE SHANNON PROJECT LTD
2019-08-09
➕
CLARKE, John Anthony appointed
director
2019-08-09
➕
CLARKE, Paul Anthony appointed
director
2019-08-09
➕
DICKSON, Ian appointed
director
2019-08-09
➕
FEGAN, Stephen appointed
director
2019-08-09
📄
incorporation-company
incorporation · NEWINC

Owner dependency

66/100

High — earn-out structure required

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

FACTORS

+Senior director age: Director aged approximately 61 — approaching natural succession window.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

40/100

Moderate signal

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

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.

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

3 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mr Ian Dickson Individual · British · DOB 05/1965 · age 61	25–50%	25–50%	board control25-50% shares · 25-50% voting · board control	09/08/2019
Mr Paul Anthony Clarke Individual · Irish · DOB 03/1980 · age 46	25–50%	25–50%	board control25-50% shares · 25-50% voting · board control	09/08/2019
Mr John Anthony Clarke Individual · Irish · DOB 11/1975 · age 51	25–50%	25–50%	board control25-50% shares · 25-50% voting · board control	09/08/2019

1 historic (ceased) PSC

Mr Stephen Feganceased 01/08/2020· 25-50% shares · 25-50% voting · board control

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
BSG CIVIL ENGINEERING LIMITED→ NI021016 · est 1987	£25.64M £18.31M–£32.96M	£36.49M	—	8700	38y	85	73y
E.J.C. CONTRACTS LTD→ NI045412 · est 2003	£24.60M £17.57M–£31.62M	£27.26M	—	7700	23y	90	54y
P MCVEY BUILDING SYSTEMS LTD→ NI634141 · est 2015	£14.13M £10.09M–£18.17M	£24.15M	—	5400	10y	90	66y
M.J. MCBRIDE CONSTRUCTION LTD→ NI066620 · est 2007	£14.06M £10.04M–£18.07M	£19.82M	—	1500	18y	87	77y
SOUTH BANK SQUARE LTD→ NI605444 · est 2010	£12.16M £8.69M–£15.64M	£13.65M	—	400	15y	86	73y
P MCK LTD→ NI062901 · est 2007	£7.58M £5.42M–£9.75M	£16.85M	—	5100	19y	87	71y
CORICK INVESTMENTS LIMITED→ NI025056 · est 1990	£6.35M £4.54M–£8.16M	—	—	0	35y	92	69y
BAYVIEW CONTRACTS LTD→ NI041488 · est 2001	£4.57M £3.26M–£5.87M	£24.46M	—	17900	24y	87	61y
ADSTON (UK) LIMITED→ NI605512 · est 2010	£4.00M £2.86M–£5.15M	£11.40M	—	1100	15y	100	79y
THORNTON ROOFING (IRELAND) LIMITED→ NI041349 · est 2001	£2.68M £1.91M–£3.44M	£16.60M	—	9300	24y	87	88y
C.B. CONTRACTS (N.I.) LTD→ NI038170 · est 2000	£1.49M £1.06M–£1.91M	—	—	70	26y	85	64y
BUILDCON HOMES LIMITED→ NI048752 · est 2003	—	—	—	700	22y	87	82y

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

6 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

Incorporated2019-08-09

Jurisdictionnorthern-ireland

Primary SIC41100 — Development of building projects

Registered office

779 Antrim Road

Newtownabbey

BT36 7JN

Northern Ireland

Filing status

Accounts

Next due: 2027-05-31

Last made up to: 2025-08-31

Confirmation statement

Next due: 2026-08-21

Last: 2025-08-07

Officers (3 active · 1 resigned)

CLARKE, John Anthony→

director · ~51y · appointed 2019-08-09

View their other companies + combined net worth →

Active

CLARKE, Paul Anthony→

director · ~46y · appointed 2019-08-09

View their other companies + combined net worth →

Active

DICKSON, Ian→

director · ~61y · appointed 2019-08-09

View their other companies + combined net worth →

Active

FEGAN, Stephen→

director · ~45y · appointed 2019-08-09 · resigned 2020-08-01

Resigned

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