ADDPLANT LIMITED
Opportunity 73/100 (strong), bankability 67/100. 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. 7 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
Refinance opportunity
5 live charges · 3 lenders · oldest 41.5y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 41.5 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · 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 · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Total assets | £7.31M | £6.32M |
| Current assets | £6.48M | £5.67M |
| Cash | £1.79M | £1.63M |
| Debtors | £4.68M | £4.03M |
| Net assets | £6.74M | £5.77M |
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
- • 1 confirmation-statement
- • 1 confirmation-statement
- • 1 accounts
- • 1 confirmation-statement
- • 1 accounts
Corporate timeline (50 events)Click to expand
- 2026-04-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-06-02📄accounts-amended-with-accounts-type-total-exemption-fullaccounts · AAMD
- 2025-05-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-05-21📄change-person-secretary-company-with-change-dateofficers · CH03
- 2024-05-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-05-17📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-05-17📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-03-05📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-03-05📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-02-20📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-02-20📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-01-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-01-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-01-12➖BARRETT, Allason Rosemary resigneddirector
- 2024-01-12➖BARRETT, Peter Michael resigneddirector
- 2024-01-12🔒Charge registered #5Lender: Peter Michael Barrett and Allason Barrett
- 2024-01-12🔒Charge registered #4Lender: Peter Michael Barrett and Allason Barrett
- 2023-06-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-06-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-08-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-07-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-05-22🔓Charge satisfied #3
- 2018-05-22🔓Charge satisfied #2
- 2018-05-22🔓Charge satisfied #1
- 2016-12-01➕BARRETT, Christopher Edward appointeddirector
- 2015-06-05🔒Charge registered #3Lender: Lloyds Bank PLC
- 2014-12-04➕BARRETT, Allason Rosemary appointeddirector
- 2005-03-31➖FEARN, Paul Arthur resigneddirector
- 2004-04-29➕CONQUEST, Wendy Marie appointedsecretary
- 2004-04-29➖STANSFIELD, Brenda June resignedsecretary
- 2002-08-06➖GRUMMITT, Charles William resignedsecretary
- 2002-08-06➕STANSFIELD, Brenda June appointedsecretary
- 2002-08-06➕FEARN, Paul Arthur appointeddirector
- 2002-08-06➖GRUMMITT, Charles William resigneddirector
- 1999-10-29➖RETALLICK, John resigneddirector
- 1999-07-06🔒Charge registered #2Lender: Royscot Leasing Limited
- 1996-04-19➖SHERE, David Michael resigneddirector
- 1996-03-01➕SHERE, David Michael appointeddirector
- 1995-09-30➕GRUMMITT, Charles William appointedsecretary
- 1995-09-30➖MORFITT, John Alan resignedsecretary
- 1995-09-30➖FEARN, Paul Arthur resigneddirector
- 1995-09-30➖MORFITT, John Alan resigneddirector
- 1995-09-30➕RETALLICK, John appointeddirector
- 1993-07-14➕GRUMMITT, Charles William appointeddirector
- 1993-07-14➕MORFITT, John Alan appointeddirector
- 1992-12-30➖BARRETT, Mark Edward resigneddirector
- 1992-12-30➖JORDAN, John Graham resigneddirector
- 1992-01-01➕FEARN, Paul Arthur appointeddirector
- 1984-12-04🔒Charge registered #1Lender: Lloyds Bank PLC
- 1984-10-23🏢Company incorporatedAs ADDPLANT LIMITED
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondaryStable-but-static management: Company is 42 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 med ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Addplant Holdings Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Addplant Holdings Ltd Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 12/01/2024 |
2 historic (ceased) PSCs
- Mr Christopher Edward Barrettceased 12/01/2024· 75-100% shares · 75-100% voting · board control
- Mr Peter Michael Barrettceased 12/01/2024· 75-100% shares · 75-100% voting
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 (2 active · 13 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Peter Michael Barrett and Allason Barrett | A registered charge | — | 12/01/2024 | — | |
| outstanding | Peter Michael Barrett and Allason Barrett | A registered charge | 1 property | 12/01/2024 | — | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | — | 05/06/2015 | 22/05/2018 | |
| satisfied | Royscot Leasing / Royscot Industrial Leasing / Royscot Commercial Leasing / Royscot Trust / Royscot Spa Leasing Royscot Leasing Limited / Royscot Industrial Leasing Limited / Royscot Commercial Leasing Limited / Royscot Trust PLC / Royscot Spa Leasing Limited | Master agreement | 1 property | 06/07/1999 | 22/05/2018 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | Single debenture | 1 property | 04/12/1984 | 22/05/2018 |