TORRENT VALLEY INITIATIVE COMPANY LIMITED

🌳Matureactive
NI032884 · private-limited-guarant-nsc · incorporated 1997-08-28
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 Feb 2025
Net worth
—
book net assets
Opportunity
76/100
Strong
🔔
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What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
Pursue
Active trading company with a 89-year-old founder — textbook succession opportunity.

Opportunity 76/100 (strong), bankability 57/100. Strong seller-intent signal (63/100, director aged 89). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 12 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (45/100).

🏦

Refinance opportunity

10 live charges · 9 lenders · oldest 25.7y

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 25.7 years old — likely at or near maturity.
  • · 9 lenders named — inter-creditor friction likely.
  • · Legal-friction score 55/100 (high).

Data confidence

Overall: medium (74/100)

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
10 charges (10/10 with lender, 10/10 with type)
90
Directors & officers
15 officers (6 active, 15 linked, 13 with DOB)
87
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
10 connected companies via shared directors
75
Filing history
90 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Feb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-02-282024-02-28
Average employees00

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

🔒Filing-note intelligence

2 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
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (55 events)Click to expand
  1. 2026-02-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-11-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-11-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-02-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-11-24
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  6. 2022-11-24
    🔓
    Charge satisfied #1
  7. 2022-07-04
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  8. 2022-06-24
    🔒
    Charge registered #10
    Lender: Acker Developments Limited
  9. 2022-02-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2021-02-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2019-11-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2019-09-25
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2019-09-25
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2019-09-25
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2019-09-25
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2019-09-25
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  17. 2019-09-25
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  18. 2019-09-25
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  19. 2019-08-28
    ➕
    HUGHES, Peter appointed
    director
  20. 2019-08-28
    ➕
    MCKENNA, Patrick Anthony appointed
    director
  21. 2019-08-28
    ➕
    O'NEILL, Martin Terence appointed
    director
  22. 2019-08-28
    ➖
    FALOON, Sean Patrick resigned
    director
  23. 2019-08-28
    ➖
    MCCREEDY, Paul resigned
    director
  24. 2019-08-28
    ➖
    O'NEILL, John resigned
    director
  25. 2019-08-13
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  26. 2019-08-13
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  27. 2019-08-08
    ➕
    WILSON, Samuel appointed
    director
  28. 2019-08-08
    ➖
    PAISLEY, Rosemary resigned
    secretary
  29. 2014-09-01
    ➖
    MC LEAN, Robert John resigned
    director
  30. 2011-02-10
    🔒
    Charge registered #9
    Lender: Ulster Community Investment Trust Limited
  31. 2010-12-20
    🔒
    Charge registered #8
    Lender: International Fund for Ireland
  32. 2010-08-11
    🔒
    Charge registered #7
    Lender: The Department of Enterprise, Trade and Investment
  33. 2010-03-03
    🔒
    Charge registered #6
    Lender: Ulster Community Investment Trust Limited
  34. 2010-03-01
    🔓
    Charge satisfied #2
  35. 2008-11-10
    🔒
    Charge registered #5
    Lender: Dungannon & South Tyrone Borough Council
  36. 2008-10-28
    🔒
    Charge registered #4
    Lender: Department of Enterprise, Trade and Investment
  37. 2006-11-14
    🔒
    Charge registered #3
    Lender: The Department for Social Development And
  38. 2005-08-29
    ➖
    O'NEILL, Patrick resigned
    secretary
  39. 2005-08-29
    ➕
    PAISLEY, Rosemary appointed
    secretary
  40. 2001-08-30
    ➖
    PATTERSON, Victor resigned
    director
  41. 2001-05-30
    🔒
    Charge registered #2
    Lender: Aib Group (UK) PLC
  42. 2000-08-04
    🔒
    Charge registered #1
    Lender: Churchill House
  43. 1999-10-18
    ➖
    SLAINE, Anne Elizabeth resigned
    director
  44. 1999-09-30
    ➕
    MCCREEDY, Paul appointed
    director
  45. 1999-04-20
    ➖
    LATIMER, Mary Isobel resigned
    director
  46. 1997-08-28
    🏢
    Company incorporated
    As TORRENT VALLEY INITIATIVE COMPANY LIMITED
  47. 1997-08-28
    ➕
    CONLON, Peter Alphonsus appointed
    director
  48. 1997-08-28
    ➕
    O'NEILL, Patrick appointed
    director
  49. 1997-08-28
    ➕
    O'NEILL, Patrick appointed
    secretary
  50. 1997-08-28
    ➕
    FALOON, Sean Patrick appointed
    director
Showing most recent 50 of 55 events

Owner dependency

73/100
High — earn-out structure required

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

FACTORS
  • -6 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 89 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

90/100
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 89 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 29 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 29 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

1 med · 1 low
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.

8 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 →

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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
Typeprivate-limited-guarant-nsc
Incorporated1997-08-28
Jurisdictionnorthern-ireland
Primary SIC82990 — Other business support service activities n.e.c.

Registered office

9 Hillview Avenue
Donaghmore
Dungannon
BT70 3DL
Northern Ireland

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-09-11
Last: 2025-08-28

Officers (6 active · 9 resigned)

CONLON, Peter Alphonsus→
director · ~81y · appointed 1997-08-28
View their other companies + combined net worth →
Active
HUGHES, Peter→
director · ~71y · appointed 2019-08-28
View their other companies + combined net worth →
Active
MCKENNA, Patrick Anthony→
director · ~60y · appointed 2019-08-28
View their other companies + combined net worth →
Active
O'NEILL, Martin Terence→
director · ~50y · appointed 2019-08-28
View their other companies + combined net worth →
Active
O'NEILL, Patrick→
director · ~89y · appointed 1997-08-28
View their other companies + combined net worth →
Active
WILSON, Samuel→
director · ~82y · appointed 2019-08-08
View their other companies + combined net worth →
Active
O'NEILL, Patrick→
secretary · appointed 1997-08-28 · resigned 2005-08-29
Resigned
PAISLEY, Rosemary→
secretary · appointed 2005-08-29 · resigned 2019-08-08
Resigned
FALOON, Sean Patrick→
director · ~89y · appointed 1997-08-28 · resigned 2019-08-28
Resigned
LATIMER, Mary Isobel→
director · ~83y · appointed 1997-08-28 · resigned 1999-04-20
Resigned
MC LEAN, Robert John→
director · ~97y · appointed 1997-08-28 · resigned 2014-09-01
Resigned
MCCREEDY, Paul→
director · ~51y · appointed 1999-09-30 · resigned 2019-08-28
Resigned
O'NEILL, John→
director · ~62y · appointed 1997-08-28 · resigned 2019-08-28
Resigned
PATTERSON, Victor→
director · ~81y · appointed 1997-08-28 · resigned 2001-08-30
Resigned
SLAINE, Anne Elizabeth→
director · ~86y · appointed 1997-08-28 · resigned 1999-10-18
Resigned

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

Mortgages & charges

10
Total charges
8
Outstanding
7
Active lenders
Status:Lender:10 of 10 shown
TypeProperties
outstanding
Acker Developments
Acker Developments Limited
A registered charge1 property24/06/2022—
outstanding
Ulster Community Investment Trust
Ulster Community Investment Trust Limited
Mortgage2 properties10/02/2011—
outstanding
International Fund for Ireland
Legal charge1 property20/12/2010—
outstanding
The Department of Enterprise, Trade and Investment
Charge1 property11/08/2010—
outstanding
Ulster Community Investment Trust
Ulster Community Investment Trust Limited
Mortgage3 properties03/03/2010—
outstanding
Dungannon & South Tyrone Borough Council
Mortgage or charge1 property10/11/2008—
outstanding
Department of Enterprise, Trade and Investment
Mortgage or charge1 property28/10/2008—
outstanding
The Department for Social Development And / The International Fund for Ireland
Debenture3 properties14/11/2006—
satisfied
Aib Group (UK)
Aib Group (UK) PLC
Mortgage or charge2 properties30/05/200101/03/2010
satisfied
Churchill House / Dept for Social / International Fund
Mortgage or charge3 properties04/08/200024/11/2022
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (90 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-23
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-04
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-06
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-28
mortgage-satisfy-charge-full
mortgage · MR04
2022-11-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-04
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-07-04
accounts-with-accounts-type-micro-entity
accounts · AA
2022-02-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-27
accounts-with-accounts-type-micro-entity
accounts · AA
2021-02-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-02
accounts-with-accounts-type-micro-entity
accounts · AA
2019-11-30