ADDLESTONE COMMERCIALS LTD
💤Zombieactive
03330512 · ltd · incorporated 1997-03-10
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 Sept 2024
Net worth
£1.79M
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: SIC 45112
Sector: Wholesale & retail
Investor take
PursueActive trading company with a 77-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 77). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 23.9y
30/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 23.9 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · 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.
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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
4 officers (2 active, 4 linked, 1 with DOB)
75
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
76 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £1,789,209
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£1.8m
↑ 1.7% YoY
Current Assets
£2.2m
↓ 8.3% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-09-30 | 2023-09-30 |
|---|---|---|
| Total assets | £1.80M | £1.78M |
| Current assets | £2.19M | £2.39M |
| Debtors | £237.1k | £175.4k |
| Net assets | £1.79M | £1.76M |
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
2
filings
- • 2 confirmation-statement
Last 180 days
2
filings
- • 2 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
- 2026-04-14📄replacement-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP01CS01
- 2025-11-19📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-06-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-06-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-11-22🔒Charge registered #2Lender: Barclays Bank PLC
- 2023-06-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-07-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-09-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-09-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-12-11📄resolutionresolution · RESOLUTIONS
- 2019-06-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-06-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-06-29📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-06-08📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-03-22📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2002-06-17🔒Charge registered #1Lender: National Westminster Bank PLC
- 1997-03-19➕WILLIS, Janeann appointedsecretary
- 1997-03-19➕WILLIS, Derek John appointeddirector
- 1997-03-19➖WATERLOW SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 1997-03-19➖WATERLOW NOMINEES LIMITED resignedcorporate-nominee-director
- 1997-03-10🏢Company incorporatedAs ADDLESTONE COMMERCIALS LTD
- 1997-03-10➕WATERLOW SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 1997-03-10➕WATERLOW NOMINEES LIMITED appointedcorporate-nominee-director
Owner dependency
100/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +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 77 — succession pressure is live.
Succession & seller-readiness
100/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 77 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.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Derek John Willis Individual · British · DOB 06/1949 · age 77 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
Mrs Janeann Willis Individual · British · DOB 05/1948 · age 78 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 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
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|---|---|---|---|---|---|---|---|
| 174 AUTOMOTIVE LIMITED→ 13828781 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| 3M CARS LTD→ 17083707 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 4C PRESTIGE LIMITED→ 10729156 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| A & P SERVICES (SURREY) LIMITED→ 05887496 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| A & T AUTOMOTIVE LIMITED→ 04932027 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| A1 MEGA FIT LTD→ 16180574 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| A2Z CONNECT LTD→ 12357711 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| A3 MOTORS LTD→ 11482836 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| A3 MOTORZ LTD→ 12992381 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ABC REPAIRS LIMITED→ 12587069 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| AC MOTOR SALES LTD→ 16454268 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ADDLESTONE MOT LTD→ 15926341 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
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.
See pricing →Company details
Statusactive
Typeltd
Incorporated1997-03-10
Jurisdictionengland-wales
Primary SIC45112 — SIC 45112
Registered office
Hillcrest Farm
Chertsey Road
Addlestone
Surrey
KT15 2EA
United Kingdom
Filing status
Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2027-03-23
Last: 2026-03-09
Officers (2 active · 2 resigned)
Active
WILLIS, Derek John→
Activedirector · ~77y · appointed 1997-03-19
View their other companies + combined net worth →
WATERLOW SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 1997-03-10 · resigned 1997-03-19
WATERLOW NOMINEES LIMITED→
Resignedcorporate-nominee-director · appointed 1997-03-10 · resigned 1997-03-19
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
2
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Barclays Barclays Bank PLC | A registered charge | — | 22/11/2023 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Debenture | 1 property | 17/06/2002 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (76 total)
replacement-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP01CS01
2026-04-14
confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-09
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-11-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-24
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-27
confirmation-statement-with-updates
confirmation-statement · CS01
2024-03-19
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-12-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-07
confirmation-statement-with-updates
confirmation-statement · CS01
2023-03-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-08
confirmation-statement-with-updates
confirmation-statement · CS01
2022-05-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-24
confirmation-statement-with-updates
confirmation-statement · CS01
2021-03-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-09-22