J.& J.HASLETT LIMITED
- · Thesis: well-run, low negotiation leverage
Opportunity 78/100 (strong), bankability 62/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
Refinance opportunity
8 live charges · 4 lenders · oldest 108.2y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 108.2 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (59/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Recent activity
Corporate timeline (103 events)Click to expand
- 2025-09-10📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-01-28📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-01-28📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-09-25📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-10-06📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-03-22📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-03-20➕KEATING, Andrew appointeddirector
- 2022-10-13📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2022-10-13📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2022-10-13📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-10-07➕CONNOLLY, Eoin appointedsecretary
- 2022-10-07➖O'GRADY, Myles resignedsecretary
- 2022-10-07➖O'GRADY, Myles resigneddirector
- 2022-09-22📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-04-11📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-04-11📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2022-04-11📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2022-04-11📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-04-04➖CUNNINGHAM, Alan resignedsecretary
- 2022-04-04➕O'GRADY, Myles appointedsecretary
- 2022-04-04➖CUNNINGHAM, Alan resigneddirector
- 2022-04-04➕O'GRADY, Myles appointeddirector
- 2021-09-17📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-03-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-03-01📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2021-03-01📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2021-03-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-02-28➕CUNNINGHAM, Alan appointedsecretary
- 2021-02-28➖O'FLYNN, David resignedsecretary
- 2021-02-28➕CUNNINGHAM, Alan appointeddirector
- 2021-02-28➖O'FLYNN, David resigneddirector
- 2020-01-01➕KEELEY, Noel appointeddirector
- 2020-01-01➖MARTIN, Christopher Nicholas resigneddirector
- 2017-07-31➖KENNY, Timothy, Mr. resignedsecretary
- 2017-07-31➕O'FLYNN, David appointedsecretary
- 2017-07-31➖KENNY, Timothy resigneddirector
- 2017-07-31➕O'FLYNN, David appointeddirector
- 2013-06-06➕KENNY, Timothy, Mr. appointedsecretary
- 2013-06-06➖O'FLYNN, David, Mr. resignedsecretary
- 2013-06-06➖O'FLYNN, David, Mr. resigneddirector
- 2011-10-11➖KENNY, Timothy, Mr. resignedsecretary
- 2011-10-11➕O'FLYNN, David, Mr. appointedsecretary
- 2011-10-11➕O'FLYNN, David, Mr. appointeddirector
- 2009-07-29➖PATTERSON, Michael David resigneddirector
- 2009-03-10➖KELLEHER, Martin, Mr. resigneddirector
- 2008-09-18🔓Charge satisfied #8
- 2008-09-18🔓Charge satisfied #7
- 2008-09-18🔓Charge satisfied #6
- 2008-06-27➖UPRICHARD, Thomas Alexander resigneddirector
- 2007-09-17➕KENNY, Timothy, Mr. appointedsecretary
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondaryStable-but-static management: Company is 123 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 med ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
J & J Haslett Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
J & J Haslett Holdings Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 28/01/2025 |
1 historic (ceased) PSC
- Musgrave Investments Limitedceased 27/01/2025· 75-100% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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7 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 →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
Registered office
Filing status
Officers (3 active · 34 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Northern Bank / Northern Bank Northern Bank LTD / Northern Bank LTD | Mortgage or charge | 2 properties | 22/12/2003 | 18/09/2008 | |
| satisfied | Northern Bank / Northern Bank Northern Bank LTD / Northern Bank LTD | Mortgage or charge | 1 property | 22/12/2003 | 18/09/2008 | |
| satisfied | Northern Bank Northern Bank LTD | Mortgage or charge | 1 property | 22/12/2003 | 18/09/2008 | |
| part-satisfied | Allied Irish Bank | Mortgage or charge | 1 property | 23/08/2002 | — | |
| outstanding | Unknown | Mortgage or charge | 1 property | 29/11/1927 | — | |
| satisfied | Belfast Banking Co | Mortgage or charge | 2 properties | 28/11/1927 | 19/05/1955 | |
| outstanding | Miss Annie J Hazlett | Mortgage or charge | 1 property | 12/03/1918 | — | |
| satisfied | Belfast Banking Co | Mortgage or charge | 2 properties | — | 19/12/2001 |