H.& J. MARTIN LIMITED

🌳Matureactive
R0000273 · ltd · incorporated 1898-04-19
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
£5.04M
book net assets
Opportunity
62/100
Worth a look
🔔
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What this business does
Primary activity: Construction of commercial buildings
Sector: Construction
ALSO REGISTERED FOR
  • 43320Joinery installation
  • 81100SIC 81100
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 62/100 (worth a look), bankability 52/100. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: refinance and hold (40/100).

🏦

Refinance opportunity

15 live charges · 6 lenders · oldest 43.6y

15/100
under pressure

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

  • · Oldest live charge is 43.6 years old — likely at or near maturity.
  • · 6 lenders named — inter-creditor friction likely.
  • · Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: high (83/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 3 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
15 charges (15/15 with lender, 15/15 with type)
90
Directors & officers
19 officers (4 active, 19 linked, 15 with DOB)
86
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
12 connected companies via shared directors
81
Filing history
283 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
62/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
56
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £5,038,460
Cash YoY
-17%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£3.7m
↓ 17% YoY
Net Worth
£5.0m
↑ 38% YoY
Current Assets
£19m
↑ 1.9% YoY
Current Liabilities
£0£3.8m£7.6m£11m£15m£19mMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Total assets£5.04M£4.45M
Current assets£19.02M£18.67M
Cash£3.67M£4.44M
Net assets£5.04M£3.66M

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 signals 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 (79 events)Click to expand
  1. 2025-10-21
    📄
    accounts-with-accounts-type-full
    accounts · AA
  2. 2024-12-20
    📄
    accounts-with-accounts-type-full
    accounts · AA
  3. 2024-02-28
    📄
    capital-statement-capital-company-with-date-currency-figure
    capital · SH19
  4. 2024-02-19
    📄
    memorandum-articles
    incorporation · MA
  5. 2024-02-19
    📄
    capital-name-of-class-of-shares
    capital · SH08
  6. 2024-02-19
    📄
    capital-variation-of-rights-attached-to-shares
    capital · SH10
  7. 2024-02-19
    ⚠️
    legacy
    insolvency · CAP-SS
  8. 2024-02-19
    📄
    legacy
    capital · SH20
  9. 2024-02-19
    📄
    resolution
    resolution · RESOLUTIONS
  10. 2023-12-21
    📄
    accounts-with-accounts-type-full
    accounts · AA
  11. 2023-09-28
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2023-02-03
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  13. 2023-02-01
    🔒
    Charge registered #15
    Lender: Northern Bank Limited
  14. 2022-09-22
    📄
    accounts-with-accounts-type-full
    accounts · AA
  15. 2022-04-05
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  16. 2022-04-05
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  17. 2022-01-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  18. 2022-01-10
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  19. 2021-11-29
    📄
    accounts-with-accounts-type-full
    accounts · AA
  20. 2021-04-22
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  21. 2021-04-21
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  22. 2021-04-01
    AGNEW, Dermott appointed
    secretary
  23. 2021-04-01
    HARROWER-STEELE, Jill resigned
    secretary
  24. 2019-12-12
    🔒
    Charge registered #14
    Lender: Northern Bank Limited (Trading as Danske Bank)
  25. 2019-10-01
    JAMISON, Kirk appointed
    director
  26. 2019-10-01
    MILLAR, Kieron William appointed
    director
  27. 2019-10-01
    RAMSEY, David appointed
    director
  28. 2019-10-01
    FLETCHER, Nicolas Andrew resigned
    director
  29. 2019-10-01
    O'CALLAGHAN, Gerard Austin resigned
    director
  30. 2018-03-02
    FLETCHER, Nicolas Andrew appointed
    director
  31. 2018-03-02
    LAGAN, Kevin Anthony resigned
    director
  32. 2018-03-02
    LAGAN, Michael Anthony resigned
    director
  33. 2017-12-31
    ADAMS, Jonathan Henry resigned
    director
  34. 2017-12-12
    🔓
    Charge satisfied #13
  35. 2017-05-09
    O'CALLAGHAN, Gerard Austin resigned
    director
  36. 2017-04-01
    LOUGHRAN, Colin Gerard resigned
    director
  37. 2017-04-01
    O'CALLAGHAN, Gerard Austin appointed
    director
  38. 2016-12-14
    ADAMS, Jonathan Henry appointed
    director
  39. 2016-09-26
    O'CALLAGHAN, Gerard Austin appointed
    director
  40. 2016-08-30
    CLARKE, Thomas Moorhead resigned
    director
  41. 2016-06-10
    MARTIN, Derek William Robert resigned
    director
  42. 2016-03-31
    MARTIN, William George resigned
    director
  43. 2015-04-01
    HARROWER-STEELE, Jill appointed
    secretary
  44. 2015-04-01
    MARTIN, Derek William Robert resigned
    secretary
  45. 2015-04-01
    LAGAN, Kevin Anthony appointed
    director
  46. 2015-04-01
    LAGAN, Michael Anthony appointed
    director
  47. 2015-04-01
    LOUGHRAN, Colin Gerard appointed
    director
  48. 2015-04-01
    MARTIN, Geoffrey Herbert George resigned
    director
  49. 2015-04-01
    MARTIN, Timothy William Downing resigned
    director
  50. 2014-12-19
    🔒
    Charge registered #13
    Lender: Triforge Limited (As Secured Creditor)
Showing most recent 50 of 79 events

Owner dependency

50/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

Succession & seller-readiness

40/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryStable-but-static management: Company is 128 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high · 1 med · 1 low
1 insolvency-related filing on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2024-02-19: legacy

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.

6 live charges
low

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

Group structure

H&J Martin Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
H&J Martin Group Limited
Corporate parent · holds 75-100% shares
ultimate parent
H.& J. MARTIN LIMITED
This company · R0000273

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
H&J Martin Group Limited
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting30/03/2022
1 historic (ceased) PSC
  • H & J Martin Construction Limitedceased 30/03/2022· 75-100% shares

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

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
Incorporated1898-04-19
Jurisdictionnorthern-ireland
Primary SIC41201 — Construction of commercial buildings

Registered office

Rosemount House
21-23 Sydenham Road
Belfast
BT3 9HA

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-06-17
Last: 2025-06-03

Officers (4 active · 15 resigned)

AGNEW, Dermott
secretary · appointed 2021-04-01
View their other companies + combined net worth →
Active
JAMISON, Kirk
director · ~46y · appointed 2019-10-01
View their other companies + combined net worth →
Active
MILLAR, Kieron William
director · ~49y · appointed 2019-10-01
View their other companies + combined net worth →
Active
RAMSEY, David
director · ~39y · appointed 2019-10-01
View their other companies + combined net worth →
Active
HARROWER-STEELE, Jill
secretary · appointed 2015-04-01 · resigned 2021-04-01
Resigned
KANE, Barry Robert
secretary · appointed 1992-01-10 · resigned 2012-08-31
Resigned
MARTIN, Derek William Robert
secretary · appointed 2012-08-31 · resigned 2015-04-01
Resigned
ADAMS, Jonathan Henry
director · ~62y · appointed 2016-12-14 · resigned 2017-12-31
Resigned
CLARKE, Thomas Moorhead
director · ~71y · appointed 1992-01-10 · resigned 2016-08-30
Resigned
FLETCHER, Nicolas Andrew
director · ~62y · appointed 2018-03-02 · resigned 2019-10-01
Resigned
LAGAN, Kevin Anthony
director · ~44y · appointed 2015-04-01 · resigned 2018-03-02
Resigned
LAGAN, Michael Anthony
director · ~71y · appointed 2015-04-01 · resigned 2018-03-02
Resigned
LOUGHRAN, Colin Gerard
director · ~59y · appointed 2015-04-01 · resigned 2017-04-01
Resigned
MARTIN, Derek William Robert
director · ~70y · appointed 1988-03-11 · resigned 2016-06-10
Resigned
MARTIN, Geoffrey Herbert George
director · ~58y · appointed 2011-12-19 · resigned 2015-04-01
Resigned
MARTIN, Timothy William Downing
director · ~62y · appointed 2003-07-07 · resigned 2015-04-01
Resigned
MARTIN, William George
director · ~93y · appointed 1960-09-30 · resigned 2016-03-31
Resigned
O'CALLAGHAN, Gerard Austin
director · ~52y · appointed 2017-04-01 · resigned 2019-10-01
Resigned
O'CALLAGHAN, Gerard Austin
director · ~52y · appointed 2016-09-26 · resigned 2017-05-09
Resigned

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

Mortgages & charges

15
Total charges
6
Outstanding
3
Active lenders
Status:Lender:15 of 15 shown
TypeProperties
outstanding
Northern Bank
Northern Bank Limited
A registered charge01/02/2023
outstanding
Northern Bank (Trading as Danske Bank)
Northern Bank Limited (Trading as Danske Bank)
A registered charge12/12/2019
satisfied
Triforge (As Secured Creditor)
Triforge Limited (As Secured Creditor)
A registered charge3 properties19/12/201412/12/2017
outstanding
Northern Bank
Northern Bank Limited
A registered charge4 properties17/12/2014
outstanding
Northern Bank
Northern Bank Limited
A registered charge2 properties17/12/2014
outstanding
Kemsley
Kemsley LLP
Rent deposit deed1 property01/02/2013
outstanding
Northern Bank
Northern Bank Limited
Floating charge1 property09/10/2009
satisfied
Bank of Ireland
Mortgage or charge1 property31/03/200010/02/2006
satisfied
Northern Bank
Northern Bank LTD
Mortgage or charge1 property31/03/198703/07/1989
satisfied
Northern Bank
Northern Bank LTD
Mortgage or charge1 property31/03/198703/07/1989
satisfied
Northern Bank
Northern Bank LTD
Mortgage or charge1 property10/12/198431/07/1986
satisfied
Northern Bank
Northern Bank LTD
Mortgage or charge1 property28/09/198303/07/1989
satisfied
Northern Bank
Northern Bank LTD
Mortgage or charge1 property09/12/198203/07/1989
satisfied
Northern Bank
Northern Bank LTD
Mortgage or charge1 property29/10/198203/07/1989
satisfied
Northern Bank
Northern Bank LTD
Mortgage or charge1 property29/10/198203/07/1989
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (283 total)

accounts-with-accounts-type-full
accounts · AA
2025-10-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-06
accounts-with-accounts-type-full
accounts · AA
2024-12-20
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-09
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2024-02-28
memorandum-articles
incorporation · MA
2024-02-19
capital-name-of-class-of-shares
capital · SH08
2024-02-19
capital-variation-of-rights-attached-to-shares
capital · SH10
2024-02-19
legacy
insolvency · CAP-SS
2024-02-19
legacy
capital · SH20
2024-02-19
resolution
resolution · RESOLUTIONS
2024-02-19
accounts-with-accounts-type-full
accounts · AA
2023-12-21
change-person-director-company-with-change-date
officers · CH01
2023-09-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-19
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-02-03