HR DEVELOPMENTS LTD

🌱Startupactive
NI736143 · ltd · incorporated 2025-12-12
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
—
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Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
76/100
Strong
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What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Pursue
Active trading company with a 65-year-old founder — textbook succession opportunity.

Opportunity 76/100 (strong), bankability 65/100. Strong seller-intent signal (60/100, director aged 65). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: low (52/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
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
Network not yet resolved
30
Filing history
1 filing — limited history
30
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.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • • 1 incorporation
Counts from Companies House filing history.
Corporate timeline (4 events)Click to expand
  1. 2025-12-12
    🏢
    Company incorporated
    As HR DEVELOPMENTS LTD
  2. 2025-12-12
    ➕
    CORBETT, Harry appointed
    director
  3. 2025-12-12
    ➕
    ORR, Roy Robert appointed
    director
  4. 2025-12-12
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

78/100
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.
  • +Founder age: Director aged approximately 65 — succession pressure is live.
  • +Young company: Only 0.5 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 65. 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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Roy Robert Orr
Individual · British · DOB 07/1961 · age 65
25–50%
75–100%board control75-100% shares · 75-100% voting · board control12/12/2025
Mr Harry Corbett
Individual · British · DOB 10/1963 · age 63
25–50%
—25-50% shares12/12/2025

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 →
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Company details

Statusactive
Typeltd
Incorporated2025-12-12
Jurisdictionnorthern-ireland
Primary SIC41100 — Development of building projects

Registered office

73 Rowantree Rd
Dromore
Down
BT25 1NW
Northern Ireland

Filing status

Accounts
Next due: 2027-09-12
Last made up to: —
Confirmation statement
Next due: 2026-12-25
Last: —

Officers (2 active · 0 resigned)

CORBETT, Harry→
director · ~63y · appointed 2025-12-12
View their other companies + combined net worth →
Active
ORR, Roy Robert→
director · ~65y · appointed 2025-12-12
View their other companies + combined net worth →
Active

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

Recent filings (1 total)

incorporation-company
incorporation · NEWINC
2025-12-12