SIMIGE LIMITED
🌿Early-stageactive
NI684730 · ltd · incorporated 2022-01-04
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 Mar 2025
Net worth
£-2.5k
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: Construction of domestic buildings
Sector: Construction
ALSO REGISTERED FOR
- 77320Renting and leasing of construction and civil engineering machinery and equipment
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 76/100 (strong), bankability 70/100. 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 (82/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
3 officers (3 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
11 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
60
Adequate — check latest filings for context.
Acquirability
75
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 · accounting standard not declaredNegative net assets
Liabilities exceed assets by £2,535
Net assets shrinking
Down £5,156 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£3k
↓ 197% YoY
Current Assets
£17k
↓ 33% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £29.7k | £33.7k |
| Current assets | £17.0k | £25.5k |
| Net assets | £-2.5k | £2.6k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (11 events)Click to expand
- 2025-12-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-12-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-09-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-03-17📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-03-17📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-03-14➕MCCARNEY, Thomas Kevin appointeddirector
- 2022-03-14➕MCCARNEY, Tracy Ann appointeddirector
- 2022-01-18📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2022-01-04🏢Company incorporatedAs SIMIGE LIMITED
- 2022-01-04➕MCCARNEY, James Bartholomew appointeddirector
- 2022-01-04📄incorporation-companyincorporation · NEWINC
Owner dependency
73/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Founder age: Director aged approximately 67 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
50/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
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
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr James Bartholomew Mccarney Individual · Irish · DOB 12/1963 · age 63 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 04/01/2022 |
Mrs Tracy Ann Mccarney Individual · British · DOB 07/1964 · age 62 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 04/01/2022 |
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 |
| PETER MCCORMACK & SONS LIMITED→ NI038813 · est 2000 | £16.43M £11.74M–£21.13M | — | — | 2200 | 25y | 85 | 60y |
| 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 |
| F G ANDERSON & SONS LTD→ NI681234 · est 2021 | £2.79M £1.99M–£3.59M | — | — | 0 | 4y | 85 | 69y |
| THORNTON ROOFING (IRELAND) LIMITED→ NI041349 · est 2001 | £2.68M £1.91M–£3.44M | £16.60M | — | 9300 | 24y | 87 | 88y |
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
Typeltd
Incorporated2022-01-04
Jurisdictionnorthern-ireland
Primary SIC41202 — Construction of domestic buildings
Registered office
150a Corbally Road
Fintona
Co Tyrone
BT78 2PB
United Kingdom
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-01-17
Last: 2026-01-03
Officers (3 active · 0 resigned)
MCCARNEY, James Bartholomew→
Activedirector · ~63y · appointed 2022-01-04
View their other companies + combined net worth →
MCCARNEY, Thomas Kevin→
Activedirector · ~67y · appointed 2022-03-14
View their other companies + combined net worth →
MCCARNEY, Tracy Ann→
Activedirector · ~62y · appointed 2022-03-14
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (11 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-17
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-10
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-08
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-09
appoint-person-director-company-with-name-date
officers · AP01
2022-03-17
appoint-person-director-company-with-name-date
officers · AP01
2022-03-17
change-account-reference-date-company-current-extended
accounts · AA01
2022-01-18
incorporation-company
incorporation · NEWINC
2022-01-04