ADL VENTURES LIMITED
🌳Matureactive
02891389 · ltd · incorporated 1994-01-26
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 78/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (45/100).
🏦
Refinance opportunity
21 live charges · 5 lenders · oldest 32.1y
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 32.1 years old — likely at or near maturity.
- · 5 lenders named — inter-creditor friction likely.
- · Legal-friction score 55/100 (high).
Data confidence
Overall: medium (61/100)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
21 charges (21/21 with lender, 21/21 with type)
90
Directors & officers
25 officers (3 active, 25 linked, 16 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
19 connected companies via shared directors
90
Filing history
217 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (106 events)Click to expand
- 2025-07-18📄change-person-director-company-with-change-dateofficers · CH01
- 2025-07-17📄change-person-director-company-with-change-dateofficers · CH01
- 2025-07-17📄change-person-secretary-company-with-change-dateofficers · CH03
- 2025-07-15📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-07-15📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2025-07-08📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-04-17➕DEMPSEY, John Alistair appointedsecretary
- 2025-04-17➖PEARSON, Kevin John resignedsecretary
- 2025-04-17📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2025-04-17📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2025-02-06📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-02-06📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-01-17➕DEMPSEY, John Alistair appointeddirector
- 2025-01-17➖MCALPINE, Adrian Neil Raeburn resigneddirector
- 2024-07-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-08-03📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2023-08-03📄legacyaccounts · PARENT_ACC
- 2023-08-03📄legacyother · GUARANTEE2
- 2023-08-03📄legacyother · AGREEMENT2
- 2023-04-13📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2022-07-05📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2022-07-05📄legacyother · GUARANTEE2
- 2022-06-22📄legacyaccounts · PARENT_ACC
- 2022-06-22📄legacyother · AGREEMENT2
- 2018-10-31➖SHELLEY, Miles Colin resigneddirector
- 2017-07-31➕WOTHERSPOON, Robert John William appointeddirector
- 2017-07-31➖BOLT, Andrew Reginald resigneddirector
- 2017-03-02➕SHELLEY, Miles Colin appointeddirector
- 2015-10-01➖SANDERS, Geoffrey Peter resigneddirector
- 2015-10-01➖THOMAS, Huw James resigneddirector
- 2014-03-27➖BRIANT, John Mark resigneddirector
- 2014-03-27➕THOMAS, Huw James appointeddirector
- 2013-06-26➕PEARSON, Kevin John appointedsecretary
- 2013-06-26➖WALKER, Robert Peter resignedsecretary
- 2005-11-30➖COWEN, Brendon Raymond resignedsecretary
- 2005-11-30➕WALKER, Robert Peter appointedsecretary
- 2005-11-15🔒Charge registered #21Lender: Aib Group (UK) PLC
- 2004-12-24🔒Charge registered #20Lender: Abacus Developments Limited
- 2004-12-15🔒Charge registered #19Lender: Abacus Developments Limited
- 2004-07-06🔒Charge registered #18Lender: Abacus Developments Limited
- 2004-06-21➕BRIANT, John Mark appointeddirector
- 2004-06-21➕SANDERS, Geoffrey Peter appointeddirector
- 2004-06-07➕MCALPINE, Adrian Neil Raeburn appointeddirector
- 2004-03-29➕COWEN, Brendon Raymond appointedsecretary
- 2004-03-29➖CORNHILL SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 2004-03-29➖AUSTEN, Jonathan Martin resigneddirector
- 2004-03-29➖BAKER, Ian Edward resigneddirector
- 2004-03-29➕BOLT, Andrew Reginald appointeddirector
- 2004-03-29➖GILCHRIST, Robert Alfred resigneddirector
- 2000-01-26➕BAKER, Ian Edward appointeddirector
Showing most recent 50 of 106 events
Owner dependency
66/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 59 — approaching natural succession window.
Succession & seller-readiness
46/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Abacus Developments Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Abacus Developments Limited
Corporate parent · holds 75-100% shares · board control
⬇
ADL VENTURES LIMITED
This company · 02891389
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 |
|---|---|---|---|---|
Abacus Developments Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
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 · Construction · WD postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 100 WARWICK GARDENS LIMITED→ 03096544 · est 1995 · no financials extracted | — | — | — | — | 30y | — | — |
| 140 HIGH ST CROWTHORNE FREEHOLD LTD→ 16562793 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 17 SGR LIMITED→ 13424072 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 222 TECHNOLOGIES LTD→ 17038712 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 25 BARNET LIMITED→ 10202813 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| 25TH CENTURY FOX LIMITED→ 09592126 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| 27 YMR CONSTRUCTION LTD→ 15609575 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 2B CONSTRUCTION LTD→ 15033471 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 2RCS LTD→ 08958783 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| 2ROKCONS LTD→ 15230689 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 3 BROTHERS FLOORING LTD→ 15195644 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 360 GLAZING LTD→ 08189379 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
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
Incorporated1994-01-26
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects
Registered office
Concept House
Home Park Mill Link
Kings Langley
Hertfordshire
WD4 8UD
United Kingdom
Filing status
Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2027-02-09
Last: 2026-01-26
Officers (3 active · 22 resigned)
DEMPSEY, John Alistair→
Activesecretary · appointed 2025-04-17
View their other companies + combined net worth →
DEMPSEY, John Alistair→
Activedirector · ~52y · appointed 2025-01-17
View their other companies + combined net worth →
WOTHERSPOON, Robert John William→
Activedirector · ~59y · appointed 2017-07-31
View their other companies + combined net worth →
COWEN, Brendon Raymond→
Resignedsecretary · appointed 2004-03-29 · resigned 2005-11-30
PEARSON, Kevin John→
Resignedsecretary · appointed 2013-06-26 · resigned 2025-04-17
ROBINSON, Helen Joyce→
Resignedsecretary · appointed 1994-02-03 · resigned 1997-12-09
WALKER, Robert Peter→
Resignedsecretary · appointed 2005-11-30 · resigned 2013-06-26
BARCOSEC LIMITED→
Resignedcorporate-secretary · appointed 1998-05-19 · resigned 1998-05-19
CORNHILL SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 1997-12-09 · resigned 2004-03-29
SWIFT INCORPORATIONS LIMITED→
Resignedcorporate-nominee-secretary · appointed 1994-01-26 · resigned 1994-02-03
AUSTEN, Jonathan Martin→
Resigneddirector · ~70y · appointed 1999-06-08 · resigned 2004-03-29
BAKER, Ian Edward→
Resigneddirector · ~65y · appointed 2000-01-26 · resigned 2004-03-29
BOLT, Andrew Reginald→
Resigneddirector · ~69y · appointed 2004-03-29 · resigned 2017-07-31
BRIANT, John Mark→
Resigneddirector · ~74y · appointed 2004-06-21 · resigned 2014-03-27
CHANDE, Manish Jayantilal→
Resigneddirector · ~70y · appointed 1994-02-03 · resigned 1997-09-19
FARNFIELD, Peter John→
Resigneddirector · ~71y · appointed 1997-12-09 · resigned 1999-10-22
GILCHRIST, Robert Alfred→
Resigneddirector · ~65y · appointed 1997-12-09 · resigned 2004-03-29
HARNETTY, Frances Mary→
Resigneddirector · ~61y · appointed 1997-12-09 · resigned 1999-06-08
HIRD, Kean George Maurice→
Resigneddirector · ~72y · appointed 1994-02-03 · resigned 1997-12-09
MCALPINE, Adrian Neil Raeburn→
Resigneddirector · ~82y · appointed 2004-06-07 · resigned 2025-01-17
Click a director name to see their full track record across all companies.
Mortgages & charges
21
Total charges
4
Outstanding
2
Active lenders
Status:Lender:21 of 21 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Aib Group (UK) Aib Group (UK) PLC | Legal mortgage | 2 properties | 15/11/2005 | — | |
| outstanding | Abacus Developments Abacus Developments Limited | Legal charge | 2 properties | 24/12/2004 | — | |
| outstanding | Abacus Developments Abacus Developments Limited | Legal charge | 1 property | 15/12/2004 | — | |
| outstanding | Abacus Developments Abacus Developments Limited | Legal charge | 1 property | 06/07/2004 | — | |
| satisfied | Timberlaine Properties Timberlaine Properties PLC | Deed supplemental to ten legal charges all dated 25TH march 1994 | 1 property | 09/12/1997 | 21/05/1999 | |
| satisfied | Timberlaine Properties Timberlaine Properties PLC | Charge over account | 1 property | 09/12/1997 | 21/05/1999 | |
| satisfied | Barclays Barclays Bank PLC, | Supplemental guarantee and charge, | 1 property | 27/06/1994 | 27/05/1999 | |
| satisfied | Barclays Barclays Bank PLC (As Agent and Trustee for Itself and the Finance Parties; The Security Agent) | Guarantee and charge | 1 property | 25/03/1994 | 21/05/1999 | |
| satisfied | Timberlaine Properties Timberlaine Properties PLC | Legal charge | 1 property | 25/03/1994 | 21/05/1999 | |
| satisfied | Timberlaine Properties Timberlaine Properties PLC | Legal charge | 1 property | 25/03/1994 | 21/05/1999 | |
| satisfied | Timberlaine Properties Timberlaine Properties PLC | Legal charge | 1 property | 25/03/1994 | 21/05/1999 | |
| satisfied | Timberlaine Properties Timberlaine Properties PLC | Legal charge | 1 property | 25/03/1994 | 21/05/1999 | |
| satisfied | Timberlaine Properties Timberlaine Properties PLC | Legal charge | 1 property | 25/03/1994 | 21/05/1999 | |
| satisfied | Timberlaine Properties Timberlaine Properties PLC | Legal charge | 1 property | 25/03/1994 | 21/05/1999 | |
| satisfied | Timberlaine Properties Timberlaine Properties PLC | Legal charge | 1 property | 25/03/1994 | 21/05/1999 | |
| satisfied | Timberlaine Properties Timberlaine Properties PLC | Legal charge | 1 property | 25/03/1994 | 21/05/1999 | |
| satisfied | Timberlaine Properties Timberlaine Properties PLC | Legal charge | 1 property | 25/03/1994 | 21/05/1999 | |
| satisfied | Timberlaine Properties Timberlaine Properties PLC | Legal charge | 1 property | 25/03/1994 | 21/05/1999 | |
| satisfied | Timberlaine Properties Timberlaine Properties PLC | Legal charge | 1 property | 25/03/1994 | 21/05/1999 | |
| satisfied | Timberlaine Properties Timberlaine Properties PLC | Legal charge | 1 property | 25/03/1994 | 21/05/1999 | |
| satisfied | Timberlaine Properties Timberlaine Properties PLC | Legal charge | 1 property | 25/03/1994 | 21/05/1999 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (217 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-05
change-person-director-company-with-change-date
officers · CH01
2025-07-18
change-person-director-company-with-change-date
officers · CH01
2025-07-17
change-person-secretary-company-with-change-date
officers · CH03
2025-07-17
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-07-15
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-07-15
accounts-with-accounts-type-dormant
accounts · AA
2025-07-08
appoint-person-secretary-company-with-name-date
officers · AP03
2025-04-17
termination-secretary-company-with-name-termination-date
officers · TM02
2025-04-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-06
termination-director-company-with-name-termination-date
officers · TM01
2025-02-06
appoint-person-director-company-with-name-date
officers · AP01
2025-02-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-30
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2023-08-03