ADVANCE PROPERTY DEVELOPMENTS
Opportunity 41/100 (watch), bankability 22/100. Strong seller-intent signal (78/100, director aged 76). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: asset disposal / carve-out (80/100). Current lenders should be on monthly review.
Refinance opportunity
7 live charges · 3 lenders · oldest 27.0y
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 27.0 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 55/100 (high).
Data confidence
Overall: medium (57/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.
Recent activity
Corporate timeline (38 events)Click to expand
- 2021-11-04➖FROST, Catherine resignedsecretary
- 2021-11-04📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2021-03-03⚠️liquidation-receiver-cease-to-act-receiverinsolvency · RM02
- 2020-02-06⚠️liquidation-receiver-cease-to-act-receiverinsolvency · RM02
- 2019-11-13⚠️liquidation-receiver-appointment-of-receiverinsolvency · RM01
- 2019-11-13⚠️liquidation-receiver-appointment-of-receiverinsolvency · RM01
- 2019-11-13⚠️liquidation-receiver-appointment-of-receiverinsolvency · RM01
- 2019-11-13⚠️liquidation-receiver-appointment-of-receiverinsolvency · RM01
- 2016-01-14📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-01-16📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-01-14📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-01-31📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-01-19📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-01-19📄change-person-director-company-with-change-dateofficers · CH01
- 2012-01-19📄change-person-secretary-company-with-change-dateofficers · CH03
- 2012-01-19📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2011-02-02📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-01-15📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2007-11-14🔓Charge satisfied #2
- 2007-11-14🔓Charge satisfied #1
- 2007-09-07🔒Charge registered #7Lender: Northern Rock PLC
- 2007-09-07🔒Charge registered #6Lender: Northern Rock PLC
- 2007-09-07🔒Charge registered #5Lender: Northern Rock PLC
- 2007-09-07🔒Charge registered #4Lender: Northern Rock PLC
- 2006-06-01🔒Charge registered #3Lender: Hsbc Bank PLC
- 2005-07-08➕FROST, Catherine appointedsecretary
- 2005-07-08➖FROST, Ronald Alan resignedsecretary
- 2005-07-08➖FROST, Ronald Alan resigneddirector
- 2002-06-28➕FROST, Catherine appointedsecretary
- 2002-06-28➖FROST, Catherine resignedsecretary
- 1999-07-19🔒Charge registered #2Lender: Midland Bank PLC
- 1999-05-24🔒Charge registered #1Lender: Midland Bank PLC
- 1996-12-18🏢Company incorporatedAs ADVANCE PROPERTY DEVELOPMENTS
- 1996-12-18➕FROST, David Ledger appointeddirector
- 1996-12-18➕FROST, Ronald Alan appointedsecretary
- 1996-12-18➕UK COMPANY SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 1996-12-18➖UK COMPANY SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 1996-12-18➕FROST, Ronald Alan appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 29 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 76 — succession pressure is live.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 70+: Senior director is approximately 76 years old. Natural succession window is now.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- 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.
Red flags
3 high · 1 med · 1 lowAnnual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2024-11-18
Company is in a formal insolvency or administration process. Treat accordingly.
Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2021-03-03: liquidation-receiver-cease-to-act-receiver; 2020-02-06: liquidation-receiver-cease-to-act-receiver
Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr David Ledger Frost Individual · British · DOB 10/1950 · age 76 | 75–100% | — | 75-100% shares | 18/12/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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 · Other · S postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 4G1 FOOTBALL ACADEMY GIRLS LTD→ 16001276 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| A G SYSTEMS LIMITED→ 03059904 · est 1995 · no financials extracted | — | — | — | — | 30y | — | — |
| AARON ROOFING SUPPLIES LIMITED→ 03247510 · est 1996 · no financials extracted | — | — | — | — | 29y | — | — |
| AAZ HOLDINGS LIMITED→ 13774373 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ACKROYD & ABBOTT DEVELOPMENTS LIMITED→ 02343200 · est 1989 · no financials extracted | — | — | — | — | 37y | — | — |
| ACMETRACK LIMITED→ 01080879 · est 1972 · no financials extracted | — | — | — | — | 53y | — | — |
| ACTION 4 BUSINESS LIMITED→ 05121772 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| ACTUS HEALTH & SAFETY LTD→ 12765988 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ADAPTIVE CHANGE LIMITED→ 15389206 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ADI DEVELOPMENTS LTD→ 07202118 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| ADRIAN MADDEN LTD→ 16760970 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ADVANCED CLADDING & INSULATION GROUP LIMITED→ 01555763 · est 1981 · no financials extracted | — | — | — | — | 45y | — | — |
13 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 (1 active · 5 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Northern Rock Northern Rock PLC | Charge deed | 1 property | 07/09/2007 | — | |
| outstanding | Northern Rock Northern Rock PLC | Charge deed | 1 property | 07/09/2007 | — | |
| outstanding | Northern Rock Northern Rock PLC | Charge deed | 1 property | 07/09/2007 | — | |
| outstanding | Northern Rock Northern Rock PLC | Charge deed | 1 property | 07/09/2007 | — | |
| outstanding | HSBC Hsbc Bank PLC | Legal mortgage | 1 property | 01/06/2006 | — | |
| satisfied | Midland Bank Midland Bank PLC | Legal mortgage | 1 property | 19/07/1999 | 14/11/2007 | |
| satisfied | Midland Bank Midland Bank PLC | Debenture | 1 property | 24/05/1999 | 14/11/2007 |