B. MCCOLGAN LIMITED
🏛️Establishedactive
NI667972 · ltd · incorporated 2020-02-25
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 Feb 2025
Net worth
£723.7k
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: Manufacture of bread; manufacture of fresh pastry goods and cakes
Sector: Manufacturing
ALSO REGISTERED FOR
- 47240Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores
Investor take
PursueAsset-holding vehicle. Family succession underway — not a classic acquisition target.
Opportunity 76/100 (strong), bankability 75/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
Data confidence
Overall: medium (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 2 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 (3 active, 4 linked, 4 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
19 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.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £723,670
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£724k
↑ 13% YoY
Current Assets
£273k
↓ 23% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-02-28 | 2024-02-29 |
|---|---|---|
| Total assets | £723.7k | £839.3k |
| Current assets | £272.6k | £355.4k |
| Cash | — | £134.8k |
| Debtors | £162.4k | £202.9k |
| Net assets | £723.7k | £641.2k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals 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 (19 events)Click to expand
- 2025-10-06📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-10-29📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-10-29📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-10-04📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-06-07📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-11-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-03-24📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-03-24📄capital-allotment-sharescapital · SH01
- 2022-11-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-08-01➕MCCOLGAN, Peter Edward appointeddirector
- 2022-08-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-11-30📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-11-25➖MCCOLGAN, Peter Edward resigneddirector
- 2021-07-21📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-02-25🏢Company incorporatedAs B. MCCOLGAN LIMITED
- 2020-02-25➕MCCOLGAN, Brian Jason appointeddirector
- 2020-02-25➕MCCOLGAN, Kathleen Bridget appointeddirector
- 2020-02-25➕MCCOLGAN, Peter Edward appointeddirector
- 2020-02-25📄incorporation-companyincorporation · NEWINC
Owner dependency
88/100
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
- +Founder name in company name: Company name contains director surname "MCCOLGAN" — strong identity link between founder and business.
- +Founder age: Director aged approximately 75 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
20/100
No succession signalNo meaningful acquirability indicators from public data.
SIGNALS
- primaryFamily succession underway: Not a takeover target — MCCOLGAN, Peter Edward (same surname) appointed 2022-08-01. Pattern consistent with intra-family handover.
- primaryFounder aged 70+: Senior director is approximately 75 years old. Natural succession window is now.
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
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Peter Edward Mccolgan Individual · British · DOB 03/1982 · age 44 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 29/10/2024 |
2 historic (ceased) PSCs
- Bernard Mccolganceased 29/10/2024· 75-100% shares · 75-100% voting · board control
- Kathleen Bridget Mccolganceased 24/03/2024· 50-75% shares · 50-75% voting
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 · Food & drink · BT postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BALLYHILL TRADING LIMITED→ NI677811 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| BALLYLISK DAIRIES LTD→ NI644096 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| BALLYMORE FARM PET FOODS LTD→ NI624747 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| BALLYRASHANE MEAT WHOLESALERS LTD→ NI739221 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| BALLYREAGH HOUSE LIMITED→ NI642216 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| BARONSCOURT ESTATE DISTILLERY COMPANY LTD→ NI679827 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| BASALT DISTILLERY LTD→ NI672259 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| BEECHVALE NATURAL WATER LTD→ NI053520 · est 2005 · no financials extracted | — | — | — | — | 21y | — | — |
| BERNARD HUGHES BAKERY LIMITED→ NI661419 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| BIG POT CO. LTD→ NI071991 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
| BIOGRID OMAGH→ NI634369 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| BLACK ARCH DISTILLERY LTD→ NI674309 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
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
Incorporated2020-02-25
Jurisdictionnorthern-ireland
Primary SIC10710 — Manufacture of bread; manufacture of fresh pastry goods and cakes
Registered office
27 Dunwood Park
Londonderry
BT47 2NN
Northern Ireland
Filing status
Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-11-12
Last: 2025-10-29
Officers (3 active · 1 resigned)
MCCOLGAN, Brian Jason→
Activedirector · ~47y · appointed 2020-02-25
View their other companies + combined net worth →
MCCOLGAN, Kathleen Bridget→
Activedirector · ~75y · appointed 2020-02-25
View their other companies + combined net worth →
MCCOLGAN, Peter Edward→
Activedirector · ~44y · appointed 2022-08-01
View their other companies + combined net worth →
MCCOLGAN, Peter Edward→
Resigneddirector · ~44y · appointed 2020-02-25 · resigned 2021-11-25
Click a director name to see their full track record across all companies.
Recent filings (19 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-13
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-10-06
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-29
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-10-29
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-10-29
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-10-04
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-06-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-29
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-11-30
confirmation-statement-with-updates
confirmation-statement · CS01
2023-03-24
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-03-24
capital-allotment-shares
capital · SH01
2023-03-24
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-11-30
appoint-person-director-company-with-name-date
officers · AP01
2022-08-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-23