LMJ REAL ESTATE LTD

💤Zombieactive

NI673467 · ltd · incorporated 2020-10-16

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 Dec 2024

Net worth

—

book net assets

Opportunity

73/100

Strong

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What this business does

Primary activity: Buying and selling of own real estate

Sector: Real estate

Investor take

Pursue

Strong opportunity: property-backed borrower with strong profile and bankable structure.

Opportunity 73/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (58/100).

🏦

Refinance opportunity

1 live charge · oldest 5.3y

45/100

under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

· Oldest live charge is 5.3 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Distress signals active — lender appetite narrows.

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

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

1 officers (1 active, 1 linked, 1 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

2 connected companies via shared directors

Filing history

25 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

73/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

100

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	2024-12-31	2023-12-31
Average employees	100	100

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

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (23 events)Click to expand

2025-11-14
📄
change-person-director-company-with-change-date
officers · CH01
2025-09-26
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-04
📄
change-person-director-company-with-change-date
officers · CH01
2025-01-31
📄
change-to-a-person-with-significant-control-without-name-date
persons-with-significant-control · PSC04
2025-01-30
📄
change-person-director-company-with-change-date
officers · CH01
2024-09-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-11
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-06-11
📄
change-person-director-company-with-change-date
officers · CH01
2023-12-07
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-11-23
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-09-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-20
📄
change-person-director-company-with-change-date
officers · CH01
2022-10-20
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-10-13
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-12
📄
change-account-reference-date-company-previous-extended
accounts · AA01
2021-10-14
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-02-22
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-02-19
🔒
Charge registered #1
Lender: Northern Bank Limited
2020-10-19
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-10-19
📄
change-person-director-company-with-change-date
officers · CH01
2020-10-16
🏢
Company incorporated
As LMJ REAL ESTATE LTD
2020-10-16
➕
CONLAN, Michael appointed
director
2020-10-16
📄
incorporation-company
incorporation · NEWINC

Owner dependency

80/100

Critical — business is the founder

The 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.
+No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

45/100

Moderate signal

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

SIGNALS

primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

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

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mr Michael Conlan Individual · Irish · DOB 11/1991 · age 35	25–50%	75–100%	board control75-100% shares · 75-100% voting · board control	16/10/2020

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 · Property · BT postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
BALLINAMALLARD ENTERPRISE COMPANY LIMITED→ NI034886 · est 1998	£236.5k £201.0k–£271.9k	—	£236.5k	—	27y	83	86y
ANTRIM COUNTY INVESTMENT MANAGERS LIMITED→ NI020714 · est 1987	£141.8k £120.5k–£163.0k	—	£141.8k	—	38y	83	78y
JECK LTD→ NI616037 · est 2012	—	£11.66M	—	2700	13y	84	59y
CFR 75 LIMITED→ NI623827 · est 2014	—	£791.1k	—	0	12y	84	59y
MCCARTHY PRIME PROPERTIES LTD→ NI052166 · est 2004	—	£10.9k	—	0	21y	88	80y
HILLVIEW LODGE LIMITED→ NI025138 · est 1990	—	—	—	187	35y	87	76y
STRATHDEN LIMITED→ NI626346 · est 2014	—	—	—	200	11y	85	62y
ADREM INVESTMENTS LIMITED→ NI031681 · est 1996	—	—	—	0	29y	83	77y
ARDFOYLE TRUST→ NI016968 · est 1983	—	—	—	700	42y	83	87y
ARDILAUN LTD→ NI057602 · est 2005	—	—	—	400	20y	83	76y
ASHTREE INVESTMENTS LIMITED→ NI026837 · est 1992	—	—	—	300	33y	83	63y
BALLYKEEL BUSINESS DEVELOPMENT LTD→ NI033029 · est 1997 · no financials extracted	—	—	—	—	28y	83	84y

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

Incorporated2020-10-16

Jurisdictionnorthern-ireland

Primary SIC68100 — Buying and selling of own real estate

Registered office

56 Glen Road

Belfast

Antrim

BT11 7BG

Northern Ireland

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2026-10-29

Last: 2025-10-15

Officers (1 active · 0 resigned)

CONLAN, Michael→

director · ~35y · appointed 2020-10-16

View their other companies + combined net worth →

Active

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:1 of 1 shown

			Type	Properties
	outstanding	Northern Bank Northern Bank Limited	A registered charge	2 properties	19/02/2021	—

Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (25 total)

change-person-director-company-with-change-date

officers · CH01

2025-11-14

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-10-15

accounts-with-accounts-type-total-exemption-full

accounts · AA

2025-09-26

change-person-director-company-with-change-date

officers · CH01

2025-09-04

change-to-a-person-with-significant-control-without-name-date

persons-with-significant-control · PSC04

2025-01-31

change-person-director-company-with-change-date

officers · CH01

2025-01-30

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-10-23

accounts-with-accounts-type-total-exemption-full

accounts · AA

2024-09-30

change-to-a-person-with-significant-control

persons-with-significant-control · PSC04

2024-06-11

change-person-director-company-with-change-date

officers · CH01

2024-06-11

change-to-a-person-with-significant-control

persons-with-significant-control · PSC04

2023-12-07

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-12-07

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2023-11-23

accounts-with-accounts-type-total-exemption-full

accounts · AA

2023-09-28

confirmation-statement-with-no-updates

confirmation-statement · CS01

2022-10-20