KILBEGS DEVELOPMENT COMPANY LTD

⚰️Wound downdissolved
NI637888 · ltd · incorporated 2016-04-18
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
56/100
Worth a look
🔔
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What this business does
Primary activity: Site preparation
Sector: Construction
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 56/100 (worth a look), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (60/100)

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
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
18 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
56/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

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 (18 events)Click to expand
  1. 2021-07-13
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2021-07-13
    🏁
    Company dissolved
  3. 2021-04-27
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2021-04-15
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2019-12-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2019-01-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2018-05-18
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  8. 2018-01-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2017-11-07
    📄
    termination-director-company
    officers · TM01
  10. 2017-10-23
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2017-10-06
    SIMPSON, Russell James resigned
    director
  12. 2017-08-30
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  13. 2017-08-30
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  14. 2017-08-30
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  15. 2016-04-18
    🏢
    Company incorporated
    As KILBEGS DEVELOPMENT COMPANY LTD
  16. 2016-04-18
    KERR, Norman Stephen appointed
    director
  17. 2016-04-18
    SIMPSON, Russell James appointed
    director
  18. 2016-04-18
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

50/100
Moderate signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 high ·
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2021-07-13

Group structure

Dkni Properties Limited holds 25-50% — a significant corporate investor but not a controlling parent.

🏛️
Dkni Properties Limited
Corporate parent · holds 25-50% shares
significant stake
KILBEGS DEVELOPMENT COMPANY LTD
This company · NI637888

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Dkni Properties Limited
Corporate entity
2550%
25–50%25-50% shares · 25-50% voting18/04/2016
2 historic (ceased) PSCs
  • Mr Russell James Simpsonceased 03/04/2018· 25-50% shares · 25-50% voting
  • Mr Norman Stephen Kerrceased 18/04/2016· 50-75% shares · 50-75% voting · board control

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.

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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.

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Company details

Statusdissolved
Typeltd
Incorporated2016-04-18
Jurisdictionnorthern-ireland
Primary SIC43120 — Site preparation

Registered office

184 Rashee Road
Ballyclare
Co Antrim
BT39 9JB
Northern Ireland

Filing status

Accounts
Next due:
Last made up to: 2019-04-30
Confirmation statement
Next due:
Last:

Officers (0 active · 1 resigned)

KERR, Norman Stephen
director · ~56y · appointed 2016-04-18
View their other companies + combined net worth →
Active
SIMPSON, Russell James
director · ~65y · appointed 2016-04-18 · resigned 2017-10-06
Resigned

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

Recent filings (18 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2021-07-13
gazette-notice-voluntary
gazette · GAZ1(A)
2021-04-27
dissolution-application-strike-off-company
dissolution · DS01
2021-04-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-05-15
accounts-with-accounts-type-micro-entity
accounts · AA
2019-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-05-24
accounts-with-accounts-type-micro-entity
accounts · AA
2019-01-16
confirmation-statement-with-updates
confirmation-statement · CS01
2018-05-22
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2018-05-18
accounts-with-accounts-type-micro-entity
accounts · AA
2018-01-16
termination-director-company
officers · TM01
2017-11-07
termination-director-company-with-name-termination-date
officers · TM01
2017-10-23
confirmation-statement-with-updates
confirmation-statement · CS01
2017-09-06
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2017-08-30
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2017-08-30