GLENAVON FOOTBALL AND ATHLETIC CLUB LIMITED

🌳Matureactive

R0000261 · ltd · incorporated 1913-10-22

Investment thesis

Looks cheap but ownership + security both unclear — probable value trap.

Why interesting: Headline metrics may be attractive.

Why risky: No PSC visibility combined with multiple live charges; transacting likely slow and expensive.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Dec 2025

Net worth

£2.25M

book net assets

Opportunity

74/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Activities of sport clubs

Sector: Arts, entertainment & recreation

Investor take

Pursue

Strong opportunity: active trading company with strong profile and structurally messy structure.

Opportunity 74/100 (strong), bankability 52/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 57 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (45/100).

🏦

Refinance opportunity

127 live charges · 57 lenders · oldest 98.5y

25/100

too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

· Oldest live charge is 98.5 years old — likely at or near maturity.
· 57 lenders named — inter-creditor friction likely.
· Legal-friction score 63/100 (high).

Data confidence

Overall: medium (64/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed

Lenders & charges

127 charges (127/127 with lender, 127/127 with type)

Directors & officers

56 officers (12 active, 56 linked, 54 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

2 connected companies via shared directors

Filing history

667 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

74/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Some moderate concerns — review 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 £2,248,871

Key financials

1 year extracted from filed iXBRL accounts

Cash

£8k

Net Worth

£2.2m

Current Assets

£451k

Current Liabilities

—

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-12-31
Total assets	£2.53M
Current assets	£451.3k
Cash	£7.9k
Debtors	£406.7k
Net assets	£2.25M

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

filings

• 1 capital
• 1 accounts

Last 90 days

filings

• 4 officers
• 2 capital
• 1 accounts

Last 180 days

filings

• 10 capital
• 4 officers
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (374 events)Click to expand

2026-04-30
📄
capital-allotment-shares
capital · SH01
2026-04-23
📄
accounts-with-accounts-type-small
accounts · AA
2026-03-26
📄
resolution
resolution · RESOLUTIONS
2026-03-26
📄
appoint-person-director-company-with-name-date
officers · AP01
2026-03-25
📄
appoint-person-director-company-with-name-date
officers · AP01
2026-03-25
📄
appoint-person-director-company-with-name-date
officers · AP01
2026-03-24
📄
appoint-person-director-company-with-name-date
officers · AP01
2026-03-23
📄
capital-name-of-class-of-shares
capital · SH08
2026-03-20
📄
memorandum-articles
incorporation · MA
2026-03-19
➕
MORRISON, Cathal appointed
director
2026-03-19
➕
PARRY, Christopher appointed
director
2026-03-19
➕
STEPHENS, Michael Matthew appointed
director
2026-03-19
➕
VALDES, Alberto appointed
director
2026-02-09
📄
capital-allotment-shares
capital · SH01
2026-02-09
📄
capital-allotment-shares
capital · SH01
2026-01-28
📄
capital-allotment-shares
capital · SH01
2026-01-16
📄
capital-allotment-shares
capital · SH01
2026-01-16
📄
capital-allotment-shares
capital · SH01
2026-01-16
📄
capital-allotment-shares
capital · SH01
2026-01-16
📄
capital-allotment-shares
capital · SH01
2026-01-16
📄
capital-allotment-shares
capital · SH01
2025-09-15
📄
mortgage-charge-whole-release-with-charge-number
mortgage · MR05
2025-09-15
📄
mortgage-satisfy-charge-full
mortgage · MR04
2025-09-15
📄
mortgage-satisfy-charge-full
mortgage · MR04
2025-09-15
🔓
Charge satisfied #119
2025-09-15
🔓
Charge satisfied #2
2025-09-12
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-09-12
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-09-12
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-08-18
📄
capital-allotment-shares
capital · SH01
2025-07-07
➕
BEST, Stephen Joseph appointed
director
2025-07-07
➖
EMERSON, Glenn resigned
director
2025-07-07
➖
MCNALLY, George resigned
director
2025-05-12
🔓
Charge satisfied #124
2024-07-19
➕
ELLIOTT, John appointed
director
2024-07-19
➕
MATTHEWS, Raymond appointed
director
2024-07-19
➕
MCCLEARY, Henry Warren appointed
director
2024-07-19
➖
CAMPBELL, Stephen resigned
director
2024-07-19
➕
EMERSON, Glenn appointed
director
2024-07-19
➖
HALL, Josh resigned
director
2024-07-19
➖
HARRISON, Philip resigned
director
2024-07-19
➖
KENNEDY, Sharon resigned
director
2024-07-19
➖
LIVINGSTONE, Leigh resigned
director
2024-07-19
➖
TEER, John Adrian resigned
director
2024-07-19
➖
WHITE, Andrew resigned
director
2023-07-01
➕
HALL, Josh appointed
director
2023-07-01
➕
WHITE, Andrew appointed
director
2022-07-04
➖
BROWN, Stephen William resigned
director
2022-07-04
➖
MCKINLEY, Maurice resigned
director
2022-06-13
➕
ODGERS, Brian appointed
director

Showing most recent 50 of 374 events

Owner dependency

65/100

High — earn-out structure required

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

FACTORS

-12 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 29 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 71 — succession pressure is live.

Succession & seller-readiness

80/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.
primary20+ year tenure: Director in role 29 years. Very long tenure is a classic succession signal.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

2 med · 1 low

2 director resignations in last 12 months

medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: EMERSON, Glenn resigned 2025-07-07; MCNALLY, George resigned 2025-07-07

Charge satisfaction-then-recreation pattern

medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

5 live charges

low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

🔒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 · Leisure & entertainment · BT postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
MOORE & DUGGAN LIMITED→ NI069261 · est 2008 · no financials extracted	—	—	—	—	17y	—	—
MOY RIDING SCHOOL LIMITED→ NI029629 · est 1995 · no financials extracted	—	—	—	—	30y	—	—
MR-TUNI LTD→ NI686172 · est 2022 · no financials extracted	—	—	—	—	4y	—	—
MRE TOURS LTD→ NI656417 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
MUINTIR NA MOINTEACH LTD→ NI052281 · est 2004 · no financials extracted	—	—	—	—	21y	—	—
MULLIGAN'S MOUNTAINS LTD→ NI716438 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
N.I.L.R.C. LTD.→ NI602721 · est 2010 · no financials extracted	—	—	—	—	16y	—	—
NEED FOR SPEED KARTING LIMITED→ NI072407 · est 2009 · no financials extracted	—	—	—	—	16y	—	—
NEW GATE ENTERPRISES LIMITED→ NI694949 · est 2023 · no financials extracted	—	—	—	—	3y	—	—
NG PROMOTIONS LTD→ NI666609 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
NI BINGO ASSOCIATION→ NI724624 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
NORTH WEST COASTEERING LIMITED→ NI682917 · est 2021 · no financials extracted	—	—	—	—	4y	—	—

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

Incorporated1913-10-22

Jurisdictionnorthern-ireland

Primary SIC93120 — Activities of sport clubs

Registered office

Mourne View Park

Mourneview Avenue

Lurgan

Co.Armagh

BT66 8EW

Filing status

Accounts

Next due: 2027-09-30

Last made up to: 2025-12-31

Confirmation statement

Next due: 2026-10-21

Last: 2025-10-07