MEC ENGINEERING LTD

🌿Early-stageactive
NI683044 · ltd · incorporated 2021-10-13
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
Upgrade to see
Turnover
year to Oct 2024
Net worth
book net assets
Opportunity
70/100
Strong
🔔
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What this business does
Primary activity: SIC 25990
Sector: Manufacturing
ALSO REGISTERED FOR
  • 71129Other engineering activities
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 70/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

1 live charge · oldest 0.4y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Newest facility, 0.4 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

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, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
13 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
82
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
£0£0£0£0£0£0Oct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-10-312023-10-31
Average employees600400

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
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 mortgage
Counts from Companies House filing history.
Corporate timeline (13 events)Click to expand
  1. 2026-01-05
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  2. 2026-01-05
    🔒
    Charge registered #1
    Lender: Northern Bank Limited
  3. 2025-10-13
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2025-10-01
    MCIVOR, Rachel appointed
    director
  5. 2025-08-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2025-05-09
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2025-05-09
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2024-08-19
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2024-06-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2023-09-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2021-10-13
    🏢
    Company incorporated
    As MEC ENGINEERING LTD
  12. 2021-10-13
    CAMPBELL, Michael Peter appointed
    director
  13. 2021-10-13
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

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

1 low
Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Michael Peter Campbell
Individual · Irish · DOB 04/1996 · age 30
75100%
75–100%board control75-100% shares · 75-100% voting · board control13/10/2021

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 →
🔒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
Incorporated2021-10-13
Jurisdictionnorthern-ireland
Primary SIC25990 — SIC 25990

Registered office

11 Coolreaghs Manor
Cookstown
BT80 8FR
Northern Ireland

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-10-20
Last: 2025-10-06

Officers (2 active · 0 resigned)

CAMPBELL, Michael Peter
director · ~30y · appointed 2021-10-13
View their other companies + combined net worth →
Active
MCIVOR, Rachel
director · ~30y · appointed 2025-10-01
View their other companies + combined net worth →
Active

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Northern Bank
Northern Bank Limited
A registered charge05/01/2026
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (13 total)

mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-01-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-15
appoint-person-director-company-with-name-date
officers · AP01
2025-10-13
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-13
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-05-09
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-05-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-10
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-08-19
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-06
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-30
incorporation-company
incorporation · NEWINC
2021-10-13