ANCILLARY DEVELOPMENTS LIMITED
💤Zombieactive
00972962 · ltd · incorporated 1970-02-20
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£571.1k
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 72/100 (strong), bankability 77/100. 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. 9 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
14 live charges · 9 lenders · oldest 54.6y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 54.6 years old — likely at or near maturity.
- · 9 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
14 charges (14/14 with lender, 14/14 with type)
90
Directors & officers
9 officers (2 active, 9 linked, 5 with DOB)
81
Ownership & PSC
1 active PSC(s) of 5 total, 5 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
130 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £571,062
Cash YoY
+134%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£11k
↑ 134% YoY
Net Worth
£571k
↑ 3.2% YoY
Current Assets
£11k
↑ 134% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £571.1k | £553.3k |
| Current assets | £11.2k | £4.8k |
| Cash | £11.2k | £4.8k |
| Debtors | £14 | — |
| Net assets | £571.1k | £553.3k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
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
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (64 events)Click to expand
- 2025-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-08-06📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-08-06🔓Charge satisfied #14
- 2024-12-10📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-12-01➖HENDERSON, Gary James resigneddirector
- 2024-11-25📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-11-25📄change-person-secretary-company-with-change-dateofficers · CH03
- 2024-11-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-11-07📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-11-07📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-11-07📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-11-05📄mortgage-create-without-deed-with-charge-number-charge-creation-datemortgage · MR08
- 2024-11-01📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2024-11-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-10-31➕O'BRIEN, Morag Patricia appointedsecretary
- 2024-10-31➕PATERSON, Piers Henry Travers appointeddirector
- 2024-10-30🔒Charge registered #14Lender: Gary James Henderson
- 2024-08-01📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-11-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-07-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-06-24📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-06-24📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2023-06-24📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-06-23➖DICEY, Prudence Joan resignedsecretary
- 2023-06-23➖DICEY, Prudence Joan resigneddirector
- 2023-03-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-28📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-12-20🔓Charge satisfied #13
- 2022-12-20🔓Charge satisfied #11
- 2022-12-20🔓Charge satisfied #10
- 2022-12-20🔓Charge satisfied #9
- 2022-12-20🔓Charge satisfied #8
- 2022-12-20🔓Charge satisfied #6
- 2022-12-20🔓Charge satisfied #5
- 2022-12-20🔓Charge satisfied #4
- 2022-12-20🔓Charge satisfied #2
- 2022-12-20🔓Charge satisfied #1
- 2003-09-05🔓Charge satisfied #12
- 2003-05-14🔒Charge registered #13Lender: Clive Dicey
- 2003-02-28➖BOLSHAW, Susan Jane resignedsecretary
- 2003-02-27➕DICEY, Prudence Joan appointedsecretary
- 2003-02-17➕HENDERSON, Gary James appointeddirector
- 1998-05-31➕BOLSHAW, Susan Jane appointedsecretary
- 1998-05-31➖DICEY, Prudence Joan resignedsecretary
- 1998-05-31➖DICEY, Clive Richard resigneddirector
- 1998-05-31➖HENDERSON, Malcolm William resigneddirector
- 1997-09-25🔓Charge satisfied #7
- 1997-09-25🔓Charge satisfied #3
- 1991-07-31🔒Charge registered #12Lender: Agf Insurance Limited
- 1985-01-11🔒Charge registered #11Lender: Barclays Bank PLC
Showing most recent 50 of 64 events
Owner dependency
75/100
High — earn-out structure requiredMaterial 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
45/100
Moderate signalSome 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.
Red flags
1 med · 1 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Multiple registered office changes
lowMultiple address changes in a short period can indicate operational instability or admin disorder.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Piers Henry Travers Paterson Individual · English · DOB 04/1969 · age 57 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 29/10/2024 |
4 historic (ceased) PSCs
- Mr Gary James Hendersonceased 29/10/2024· 75-100% shares
- Mrs Prudence Joan Diceyceased 23/06/2023· 25-50% shares
- Mr Clive Richard Diceyceased 09/12/2022· 25-50% shares
- Mrs Marisa Anna Maria Henderonceased 07/03/2022· 25-50% shares
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.
See pricing →Similar companies
Active · Property · SP postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| B & J HARRIS PROPERTIES LTD→ 13321196 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| BARAKAT PROPERTIES BIRMINGHAM LIMITED→ 17041987 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| BARB PROPERTIES LTD→ 09943787 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| BARCHAM LIMITED→ 08860732 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| BARCHESTER LETTINGS LTD→ 05010295 · est 2004 · no financials extracted | — | — | — | — | 22y | — | — |
| BARDEN LAND AND PROPERTY LIMITED→ 14934664 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BARFORD DOWN HOMES LTD.→ 09695249 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| BARNACK BUSINESS CENTRE LIMITED→ 02223111 · est 1988 · no financials extracted | — | — | — | — | 38y | — | — |
| BASSETS PROPERTY SERVICES LTD→ 05040076 · est 2004 · no financials extracted | — | — | — | — | 22y | — | — |
| BATH & WEST COUNTIES PROPERTY TRUST LIMITED→ 00337609 · est 1938 · no financials extracted | — | — | — | — | 88y | — | — |
| BATSON PROPERTY HOLDINGS LTD→ 16996233 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| BAXTERS ESTATES LTD→ 07712221 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
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 →🔒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
Typeltd
Incorporated1970-02-20
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
23 Bridge Street
Fordingbridge
SP6 1AH
England
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-12-09
Last: 2025-11-25
Officers (2 active · 7 resigned)
O'BRIEN, Morag Patricia→
Activesecretary · appointed 2024-10-31
View their other companies + combined net worth →
PATERSON, Piers Henry Travers→
Activedirector · ~57y · appointed 2024-10-31
View their other companies + combined net worth →
BOLSHAW, Susan Jane→
Resignedsecretary · appointed 1998-05-31 · resigned 2003-02-28
DICEY, Prudence Joan→
Resignedsecretary · appointed 2003-02-27 · resigned 2023-06-23
DICEY, Prudence Joan→
Resignedsecretary · resigned 1998-05-31
DICEY, Clive Richard→
Resigneddirector · ~92y · appointed 1982-02-01 · resigned 1998-05-31
DICEY, Prudence Joan→
Resigneddirector · ~84y · appointed 1970-04-30 · resigned 2023-06-23
HENDERSON, Gary James→
Resigneddirector · ~65y · appointed 2003-02-17 · resigned 2024-12-01
HENDERSON, Malcolm William→
Resigneddirector · ~92y · appointed 1970-04-30 · resigned 1998-05-31
Click a director name to see their full track record across all companies.
Mortgages & charges
14
Total charges
0
Outstanding
0
Active lenders
Status:Lender:14 of 14 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Gary James Henderson | Fixed charge | 1 property | 30/10/2024 | 06/08/2025 | |
| satisfied | Clive Dicey | Legal charge | 1 property | 14/05/2003 | 20/12/2022 | |
| satisfied | Agf Insurance Agf Insurance Limited | Legal charge | 2 properties | 31/07/1991 | 05/09/2003 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 11/01/1985 | 20/12/2022 | |
| satisfied | Midland Bank Trust Company. | Legal charge | 1 property | 28/09/1978 | 20/12/2022 | |
| satisfied | Mrs. Ljubica Koncar | Legal charge | 1 property | 17/07/1975 | 20/12/2022 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 16/08/1973 | 20/12/2022 | |
| satisfied | Midland Bank Midland Bank PLC | Mortgage | 1 property | 31/01/1973 | 25/09/1997 | |
| satisfied | Mary Robinson | Legal charge | 1 property | 22/12/1972 | 20/12/2022 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 31/10/1972 | 20/12/2022 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 07/08/1972 | 20/12/2022 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Mortgage | 1 property | 29/06/1972 | 25/09/1997 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Charge | 1 property | 11/12/1971 | 20/12/2022 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Charge | 1 property | 11/12/1971 | 20/12/2022 |
Recent filings (130 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-08
mortgage-satisfy-charge-full
mortgage · MR04
2025-08-06
termination-director-company-with-name-termination-date
officers · TM01
2024-12-10
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-11-25
change-person-secretary-company-with-change-date
officers · CH03
2024-11-25
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-19
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-11-07
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-11-07
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-11-07
mortgage-create-without-deed-with-charge-number-charge-creation-date
mortgage · MR08
2024-11-05
appoint-person-secretary-company-with-name-date
officers · AP03
2024-11-01
appoint-person-director-company-with-name-date
officers · AP01
2024-11-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-02