ARDNADARRAGH LTD

🌿Early-stageactive
NI702170 · ltd · incorporated 2023-09-21
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
🔒Estimated value
Upgrade to see
Turnover
year to Sept 2024
Net worth
£1.8k
book net assets
Opportunity
77/100
Strong
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
ALSO REGISTERED FOR
  • 68209Other letting and operating of own or leased real estate
Investor take
Pursue
Strong opportunity: property-backed borrower with strong profile and acceptable with review structure.

Opportunity 77/100 (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 (73/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 0.7y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Newest facility, 0.7 years old — likely still in initial term.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (71/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
6 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
77/100Strong
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
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £1,772

Key financials

1 year extracted from filed iXBRL accounts
Cash
£3k
Net Worth
£2k
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-09-30
Total assets£1.8k
Cash£2.9k
Net assets£1.8k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (9 events)Click to expand
  1. 2025-09-04
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  2. 2025-09-02
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  3. 2025-08-15
    🔒
    Charge registered #2
    Lender: Kensington Mortgages Company Limited
  4. 2025-08-15
    🔒
    Charge registered #1
    Lender: Kensington Mortgage Company Limited
  5. 2025-06-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-09-21
    🏢
    Company incorporated
    As ARDNADARRAGH LTD
  7. 2023-09-21
    MCGARRY, Nicola appointed
    director
  8. 2023-09-21
    QUINN, Michael Patrick appointed
    director
  9. 2023-09-21
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

71/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Senior director age: Director aged approximately 64 — approaching natural succession window.
  • +Young company: Only 2.6 years old — management layer unlikely to be developed.

Succession & seller-readiness

56/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Ms Nicola Mcgarry
Individual · Northern Irish · DOB 07/1962 · age 64
5075%
50–75%board control50-75% shares · 50-75% voting · board control21/09/2023
Mr Michael Patrick Quinn
Individual · Irish · DOB 09/1980 · age 46
2550%
25–50%board control25-50% shares · 25-50% voting · board control21/09/2023

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.

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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.

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Company details

Statusactive
Typeltd
Incorporated2023-09-21
Jurisdictionnorthern-ireland
Primary SIC68100 — Buying and selling of own real estate

Registered office

93 Tannaghmore Road
Ballynahinch
BT24 8NU
Northern Ireland

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-10-04
Last: 2025-09-20

Officers (2 active · 0 resigned)

MCGARRY, Nicola
director · ~64y · appointed 2023-09-21
View their other companies + combined net worth →
Active
QUINN, Michael Patrick
director · ~46y · appointed 2023-09-21
View their other companies + combined net worth →
Active

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

Mortgages & charges

2
Total charges
2
Outstanding
2
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Kensington Mortgages Company
Kensington Mortgages Company Limited
A registered charge1 property15/08/2025
outstanding
Kensington Mortgage Company
Kensington Mortgage Company Limited
A registered charge1 property15/08/2025
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (6 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-29
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-09-04
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-09-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-26
incorporation-company
incorporation · NEWINC
2023-09-21