APPLEGARTH DEVELOPMENTS LIMITED

💤Zombieactive
03587510 · ltd · incorporated 1998-06-25
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 Jun 2025
Net worth
£178.7k
book net assets
Opportunity
77/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 77/100 (strong), bankability 57/100. Strong seller-intent signal (70/100, director aged 59). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

14 live charges · 4 lenders · oldest 27.7y

15/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 27.7 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (79/100)

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
14 charges (14/14 with lender, 14/14 with type)
90
Directors & officers
5 officers (2 active, 5 linked, 2 with DOB)
78
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
115 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
69
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £178,713
Net assets shrinking
Down £15,549 YoY
Cash draining
Cash down 92% YoY
Cash YoY
-92%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£8k
↓ 92% YoY
Net Worth
£179k
↓ 8.0% YoY
Current Assets
£686k
↓ 12% YoY
Current Liabilities
—
£0£157k£313k£470k£626k£783kJun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-06-302024-06-30
Total assets£549.0k£587.9k
Current assets£685.9k£783.1k
Cash£7.9k£92.8k
Debtors£191.4k£203.7k
Net assets£178.7k£194.3k

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
5
filings
  • • 2 persons-with-significant-control
  • • 2 officers
  • • 1 address
Last 180 days
6
filings
  • • 2 persons-with-significant-control
  • • 2 officers
  • • 1 address
Counts from Companies House filing history.
Corporate timeline (55 events)Click to expand
  1. 2026-04-20
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2026-04-20
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  3. 2026-04-20
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2026-04-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2026-04-20
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2026-03-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2025-12-19
    📄
    mortgage-create-with-deed
    mortgage · MR01
  8. 2025-12-12
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  9. 2025-12-05
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  10. 2025-12-05
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  11. 2025-12-05
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  12. 2025-12-05
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  13. 2025-12-05
    🔓
    Charge satisfied #10
  14. 2025-12-05
    🔓
    Charge satisfied #9
  15. 2025-12-05
    🔓
    Charge satisfied #8
  16. 2025-12-05
    🔓
    Charge satisfied #7
  17. 2025-12-03
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  18. 2025-12-03
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  19. 2025-12-03
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  20. 2025-11-28
    🔒
    Charge registered #14
    Lender: Handelsbanken PLC
  21. 2025-11-28
    🔒
    Charge registered #13
    Lender: Handelsbanken PLC
  22. 2025-11-28
    🔒
    Charge registered #12
    Lender: Handelsbanken PLC
  23. 2025-11-28
    🔒
    Charge registered #11
    Lender: Handelsbanken PLC
  24. 2025-04-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  25. 2025-04-29
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  26. 2025-04-29
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  27. 2025-03-28
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  28. 2024-05-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  29. 2024-05-21
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  30. 2024-03-28
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  31. 2018-03-10
    🔓
    Charge satisfied #6
  32. 2018-03-10
    🔓
    Charge satisfied #5
  33. 2018-03-10
    🔓
    Charge satisfied #2
  34. 2018-03-10
    🔓
    Charge satisfied #1
  35. 2015-10-20
    🔒
    Charge registered #10
    Lender: Lloyds Bank PLC
  36. 2015-10-20
    🔒
    Charge registered #9
    Lender: Lloyds Bank PLC
  37. 2015-10-20
    🔒
    Charge registered #8
    Lender: Lloyds Bank PLC
  38. 2015-09-09
    🔒
    Charge registered #7
    Lender: Lloyds Bank PLC
  39. 2014-09-26
    🔓
    Charge satisfied #4
  40. 2013-02-12
    ➖
    HENDERSON, William resigned
    director
  41. 2010-06-28
    🔒
    Charge registered #6
    Lender: Hsbc Bank PLC
  42. 2010-06-28
    🔒
    Charge registered #5
    Lender: Hsbc Bank PLC
  43. 2002-02-02
    🔓
    Charge satisfied #3
  44. 2002-02-01
    🔒
    Charge registered #4
    Lender: Hsbc Bank PLC
  45. 2000-12-01
    🔒
    Charge registered #3
    Lender: Hsbc Bank PLC
  46. 1999-10-07
    🔒
    Charge registered #2
    Lender: Hsbc Bank PLC
  47. 1998-10-12
    🔒
    Charge registered #1
    Lender: Midland Bank PLC
  48. 1998-10-06
    ➕
    HENDERSON, Tania Ann appointed
    secretary
  49. 1998-10-06
    ➕
    HENDERSON, Antony William appointed
    director
  50. 1998-10-06
    ➖
    COAD SECRETARIES LTD resigned
    corporate-secretary
Showing most recent 50 of 55 events

Owner dependency

93/100
Critical — business is the founder

The 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 28 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.

Succession & seller-readiness

85/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 28 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 28 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

2 med ·
4 new charges in last 12 months
medium

Heavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.

Evidence: 2025-11-28: A registered charge; 2025-11-28: A registered charge; 2025-11-28: A registered charge

Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Antony William Henderson
Individual · British · DOB 07/1967 · age 59
50–75%
50–75%50-75% shares · 50-75% voting06/04/2016
Mrs Tania Ann Henderson
Individual · British · DOB 08/1969 · age 57
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016

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 · TS postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
A.BUCKLER HAULAGE LIMITED→
00677552 · est 1960 · no financials extracted
————65y——
A2B ELECTRICAL LIMITED→
14996808 · est 2023 · no financials extracted
————2y——
AA LIFT SERVICES LTD→
13275012 · est 2021 · no financials extracted
————5y——
AAA RESIN&HIGH PRESSURE CLEANING LTD→
14881973 · est 2023 · no financials extracted
————2y——
AAA ROOFING LIMITED→
10430913 · est 2016 · no financials extracted
————9y——
AAC RIGGING LIMITED→
10676786 · est 2017 · no financials extracted
————9y——
AASE LTD→
16305777 · est 2025 · no financials extracted
————1y——
AB JOINERY SOLUTIONS LTD→
15615279 · est 2024 · no financials extracted
————2y——
AB PLAYGROUNDS LTD→
13171389 · est 2021 · no financials extracted
————5y——
ABBEY CONSTRUCTION SERVICES LIMITED→
11430482 · est 2018 · no financials extracted
————7y——
ABBEY GARAGE DOORS (UK) LIMITED→
06432325 · est 2007 · no financials extracted
————18y——
ABBEY INDUSTRIAL SERVICES LIMITED→
14628992 · est 2023 · no financials extracted
————3y——
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 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
Incorporated1998-06-25
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects

Registered office

14 Fountain Street
Guisborough
TS14 6PP
United Kingdom

Filing status

Accounts
Next due: 2027-03-28
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-07-09
Last: 2025-06-25

Officers (2 active · 3 resigned)

HENDERSON, Tania Ann→
secretary · appointed 1998-10-06
View their other companies + combined net worth →
Active
HENDERSON, Antony William→
director · ~59y · appointed 1998-10-06
View their other companies + combined net worth →
Active
COAD SECRETARIES LTD→
corporate-secretary · appointed 1998-06-25 · resigned 1998-10-06
Resigned
HENDERSON, William→
director · ~89y · appointed 1998-10-06 · resigned 2013-02-12
Resigned
ARCO NOMINEES LTD→
corporate-director · appointed 1998-06-25 · resigned 1998-10-06
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

14
Total charges
4
Outstanding
1
Active lenders
Status:Lender:14 of 14 shown
TypeProperties
outstanding
Handelsbanken
Handelsbanken PLC
A registered charge1 property28/11/2025—
outstanding
Handelsbanken
Handelsbanken PLC
A registered charge1 property28/11/2025—
outstanding
Handelsbanken
Handelsbanken PLC
A registered charge—28/11/2025—
outstanding
Handelsbanken
Handelsbanken PLC
A registered charge1 property28/11/2025—
satisfied
Lloyds Banking Group
Lloyds Bank PLC
A registered charge1 property20/10/201505/12/2025
satisfied
Lloyds Banking Group
Lloyds Bank PLC
A registered charge1 property20/10/201505/12/2025
satisfied
Lloyds Banking Group
Lloyds Bank PLC
A registered charge1 property20/10/201505/12/2025
satisfied
Lloyds Banking Group
Lloyds Bank PLC
A registered charge1 property09/09/201505/12/2025
satisfied
HSBC
Hsbc Bank PLC
Legal mortgage2 properties28/06/201010/03/2018
satisfied
HSBC
Hsbc Bank PLC
Legal mortgage2 properties28/06/201010/03/2018
satisfied
HSBC
Hsbc Bank PLC
Legal mortgage1 property01/02/200226/09/2014
satisfied
HSBC
Hsbc Bank PLC
Legal mortgage1 property01/12/200002/02/2002
satisfied
HSBC
Hsbc Bank PLC
Legal mortgage1 property07/10/199910/03/2018
satisfied
Midland Bank
Midland Bank PLC
Debenture1 property12/10/199810/03/2018
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (115 total)

change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-04-20
change-person-secretary-company-with-change-date
officers · CH03
2026-04-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-04-20
change-person-director-company-with-change-date
officers · CH01
2026-04-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-04-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-12
mortgage-create-with-deed
mortgage · MR01
2025-12-19
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-12
mortgage-satisfy-charge-full
mortgage · MR04
2025-12-05
mortgage-satisfy-charge-full
mortgage · MR04
2025-12-05
mortgage-satisfy-charge-full
mortgage · MR04
2025-12-05
mortgage-satisfy-charge-full
mortgage · MR04
2025-12-05
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-03
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-03
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-03