E. MANGAN CONSTRUCTION LTD.
Opportunity 79/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).
Refinance opportunity
1 live charge · oldest 1.4y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Newest facility, 1.4 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (78/100)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.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2024-08-31 | 2023-08-31 |
|---|---|---|
| Total assets | £337.7k | £315.4k |
| Current assets | £151.1k | £110.9k |
| Net assets | £324.9k | £302.7k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
Corporate timeline (18 events)Click to expand
- 2025-07-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-07-30📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-01-06📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-12-23🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2024-05-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-05-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-05-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-05-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-05-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-05-31📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-05-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-07-10📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2017-05-17📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-05-27📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-07-28📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-06-03📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2012-07-05🏢Company incorporatedAs E. MANGAN CONSTRUCTION LTD.
- 2012-07-05➕MANGAN, Edward appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Founder name in company name: Company name contains director surname "MANGAN" — strong identity link between founder and business.
- +Senior director age: Director aged approximately 64 — approaching natural succession window.
- +No director turnover: Company is 14 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 14 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanShareholders & ownership
2 active beneficial owners · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Edward Mangan Individual · Irish · DOB 02/1962 · age 64 | 75–100% | 75–100% | board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence | 05/07/2016 |
Mrs Sadie Caroline Mangan Individual · British · DOB 01/1965 · age 61 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 01/02/2017 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 (1 active · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 23/12/2024 | — |