35 DONEGALL PLACE LIMITED

💤Zombieactive
NI691917 · ltd · incorporated 2022-10-17
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
£-1.75M
book net assets
Opportunity
72/100
Strong
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)
Distressed property-backed borrower — structural issues outweigh the discount.

Opportunity 72/100 (strong), bankability 65/100. 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: distressed disposal / insolvency (65/100).

🏦

Refinance opportunity

4 live charges · oldest 3.4y

35/100
under pressure

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

  • · Charge age ~3.4 years — mid-life; refi window approaching.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (83/100)

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
75
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
17 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £1,746,688

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£1.7m
↓ 51% YoY
Current Assets
£15m
↓ 5.4% YoY
Current Liabilities
-£1.7m£1.8m£5.3m£8.8m£12m£16mDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-12-312023-12-31
Total assets£6.99M£7.75M
Current assets£14.91M£15.76M
Net assets£-1.75M£-1.15M

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 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2025-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-03-12
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  3. 2025-03-12
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  4. 2025-02-28
    📄
    memorandum-articles
    incorporation · MA
  5. 2025-02-28
    📄
    resolution
    resolution · RESOLUTIONS
  6. 2025-02-28
    🔒
    Charge registered #4
    Lender: Northern Bank Limited
  7. 2025-02-28
    🔒
    Charge registered #3
    Lender: Northern Bank Limited
  8. 2024-07-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2024-06-25
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  10. 2023-01-01
    📄
    memorandum-articles
    incorporation · MA
  11. 2023-01-01
    📄
    resolution
    resolution · RESOLUTIONS
  12. 2022-12-21
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  13. 2022-12-21
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  14. 2022-12-20
    🔒
    Charge registered #2
    Lender: Northern Bank Limited
  15. 2022-12-20
    🔒
    Charge registered #1
    Lender: Northern Bank Limited
  16. 2022-12-07
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  17. 2022-12-07
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  18. 2022-10-17
    🏢
    Company incorporated
    As 35 DONEGALL PLACE LIMITED
  19. 2022-10-17
    EASTWOOD, Bernard Joseph appointed
    director
  20. 2022-10-17
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

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.)

Group structure

Thirty Five Dp Topco Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Thirty Five Dp Topco Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
35 DONEGALL PLACE LIMITED
This company · NI691917

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Thirty Five Dp Topco Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/12/2022
1 historic (ceased) PSC
  • Thirty Five Dp Llpceased 06/12/2022· 75-100% shares · 75-100% 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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

10 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
Incorporated2022-10-17
Jurisdictionnorthern-ireland
Primary SIC68100 — Buying and selling of own real estate

Registered office

2 Downshire Road
Holywood
Down
BT18 9LU
United Kingdom

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-10-30
Last: 2025-10-16

Officers (1 active · 0 resigned)

EASTWOOD, Bernard Joseph
director · ~41y · appointed 2022-10-17
View their other companies + combined net worth →
Active

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

Mortgages & charges

4
Total charges
4
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
Northern Bank
Northern Bank Limited
A registered charge28/02/2025
outstanding
Northern Bank
Northern Bank Limited
A registered charge3 properties28/02/2025
outstanding
Northern Bank
Northern Bank Limited
A registered charge20/12/2022
outstanding
Northern Bank
Northern Bank Limited
A registered charge20/12/2022
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (17 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-14
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-30
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-03-12
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-03-12
memorandum-articles
incorporation · MA
2025-02-28
resolution
resolution · RESOLUTIONS
2025-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-28
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-05
change-account-reference-date-company-previous-extended
accounts · AA01
2024-06-25
confirmation-statement-with-updates
confirmation-statement · CS01
2023-10-26
memorandum-articles
incorporation · MA
2023-01-01
resolution
resolution · RESOLUTIONS
2023-01-01
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-12-21
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-12-21
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2022-12-07