VULCANITE, LIMITED
Opportunity 60/100 (worth a look), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
Refinance opportunity
3 live charges · 3 lenders · oldest 103.8y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 103.8 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 30/100 — workable, but lender will want more DD.
Data confidence
Overall: low (52/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Recent activity
Corporate timeline (67 events)Click to expand
- 2016-08-02📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2016-08-02🏁Company dissolved
- 2016-04-19📄gazette-notice-voluntarygazette · GAZ1(A)
- 2016-04-11📄appoint-person-director-company-with-name-dateofficers · AP01
- 2016-04-11📄termination-director-company-with-name-termination-dateofficers · TM01
- 2016-04-05➕LACKO, Ladislav appointeddirector
- 2016-04-05➕LAWTON, Andrew David appointeddirector
- 2016-04-05➖SCOFFIELD, Matthew James Mylrea resigneddirector
- 2016-04-05📄appoint-person-director-company-with-name-dateofficers · AP01
- 2015-10-26📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-09-16📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-09-01📄change-person-director-company-with-change-dateofficers · CH01
- 2015-06-16📄dissolution-application-strike-off-companydissolution · DS01
- 2014-11-25📄change-person-director-company-with-change-dateofficers · CH01
- 2014-10-29📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-04-10📄capital-statement-capital-company-with-date-currency-figurecapital · SH19
- 2014-04-10📄legacycapital · SH20
- 2014-04-10⚠️legacyinsolvency · CAP-SS
- 2014-04-10📄resolutionresolution · RESOLUTIONS
- 2014-02-25📄accounts-with-accounts-type-dormantaccounts · AA
- 2013-10-28📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-10-22📄legacycapital · SH20
- 2013-10-11📄capital-statement-capital-company-with-date-currency-figurecapital · SH19
- 2013-10-11⚠️legacyinsolvency · CAP-SS
- 2013-10-11📄resolutionresolution · RESOLUTIONS
- 2013-07-03📄change-person-director-company-with-change-dateofficers · CH01
- 2013-05-01📄accounts-with-accounts-type-dormantaccounts · AA
- 2012-11-13📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-11-13📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2011-08-08➖ROSGAARD, Ole resigneddirector
- 2011-08-08➕SCOFFIELD, Matthew James Mylrea appointeddirector
- 2010-07-28➕STEL, Paul appointedsecretary
- 2010-07-28➖FINNERTY, Christopher James Edward resignedsecretary
- 2010-07-28➖FINNERTY, Christopher James Edward resigneddirector
- 2010-07-28➖MATHIESON, James, Mr. resigneddirector
- 2010-07-28➕ROSGAARD, Ole appointeddirector
- 2010-06-01➕STEL, Paul appointeddirector
- 2005-07-15➕FINNERTY, Christopher James Edward appointeddirector
- 2005-07-15➖VILLUMSEN, Torben resigneddirector
- 2005-07-01➖BUTLER, Sean Kevin resigneddirector
- 2005-06-14➖JENKINS, Roy Hunter, Dr resigneddirector
- 2005-06-14➕MATHIESON, James, Mr. appointeddirector
- 2004-06-22➕JENKINS, Roy Hunter, Dr appointeddirector
- 2004-06-22➕VILLUMSEN, Torben appointeddirector
- 2001-08-31➕BUTLER, Sean Kevin appointeddirector
- 2001-08-31➖HOLLAND, Peter John resigneddirector
- 2000-02-01➖FINNERTY, Christopher James Edward resigneddirector
- 2000-01-28➖LANGBORG, Michael Stenholt resigneddirector
- 1999-07-29🔓Charge satisfied #3
- 1999-06-30➕FINNERTY, Christopher James Edward appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Long-tenure founder: Senior director has been in place 16 years — deep operational knowledge concentrated in one person.
- +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.
- secondary12+ year tenure: Director in role 16 years.
- secondaryStable-but-static management: Company is 125 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
2 high ·Company has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2016-08-02
Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2014-04-10: legacy; 2013-10-11: legacy
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 · Other · BT postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AME (NI) LIMITED→ NI067369 · est 2007 | — | — | — | — | 18y | 83 | 70y |
| ANNALONG COMMUNITY DEVELOPMENT ASSOCIATION LIMITED→ NI029070 · est 1994 · no financials extracted | — | — | — | — | 31y | 83 | 63y |
| BELFAST CITY VINEYARD CHURCH→ NI060526 · est 2006 | — | — | £1.29M | — | 19y | 83 | 74y |
| BRACKAGHREILLY AND DISTRICT COMMUNITY ASSOCIATION LIMITED→ NI044042 · est 2002 · no financials extracted | — | — | — | — | 23y | 83 | 84y |
| BROUGHSHANE & DISTRICT COMMUNITY ASSOCIATION LIMITED→ NI010840 · est 1975 · no financials extracted | — | — | — | — | 50y | 83 | 86y |
| CLEENISH RENEWAL CO LTD - THE→ NI059605 · est 2006 | — | — | £12.8k | — | 19y | 83 | 73y |
| COA COMMUNITY GROUP→ NI604118 · est 2010 | — | — | £4.5k | — | 15y | 83 | 76y |
| CONNECT CHRISTIAN FELLOWSHIP→ NI053634 · est 2005 | — | — | £330.3k | — | 21y | 83 | 77y |
| CROMAC REGENERATION INITIATIVE C.I.C.→ NI604163 · est 2010 · no financials extracted | — | — | — | — | 15y | 83 | 67y |
| DENROY PLASTICS LIMITED→ NI012112 · est 1977 · no financials extracted | — | — | — | — | 48y | 83 | 77y |
| DROMBOUGHIL COMMUNITY ASSOCIATION→ NI047312 · est 2003 | — | — | — | 1 | 22y | 83 | 73y |
| FALLS COMMUNITY COUNCIL LIMITED→ NI041704 · est 2001 · no financials extracted | — | — | — | — | 24y | 83 | 81y |
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 →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 (0 active · 15 resigned)
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Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Morgan Grenfell & Co | Mortgage or charge | 1 property | 17/01/1996 | 25/06/1999 | |
| satisfied | Morgan Grenfell & Co Morgan Grenfell & Co Limited | Debenture | 1 property | 08/02/1993 | 29/07/1999 | |
| satisfied | Belfast Banking Company Belfast Banking Company Limited | Equitable mortgage by deposit of title deeds | 1 property | 22/08/1922 | 15/04/1976 |