ADDGATE LIMITED

🌳Matureactive
03680741 · ltd · incorporated 1998-12-09
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
book net assets
Opportunity
80/100
Exceptional
🔔
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What this business does
Primary activity: SIC 03110
Sector: Agriculture, forestry & fishing
Investor take
Pursue
Active trading company with a 77-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 77). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

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
Confirmed no charges registered
85
Directors & officers
10 officers (4 active, 10 linked, 4 with DOB)
78
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
84 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Average employees00

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
0
filings
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
  1. 2026-02-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2025-09-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-09-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-09-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-12-13
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2022-09-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-09-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-08-06
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  9. 2019-09-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  10. 2018-09-21
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  11. 2017-11-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2016-09-21
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2016-01-05
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2015-09-24
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2013-05-01
    GONZALEZ LOPEZ, Enrique appointed
    director
  16. 2004-10-19
    GRAND SOLE SERVICES LIMITED resigned
    corporate-secretary
  17. 2003-04-01
    BEADEL, Anthony James resigned
    director
  18. 2001-07-11
    GONZALEZ LOPEZ, Claudino appointed
    secretary
  19. 2001-07-11
    GONZALEZ COVELO, Claudino appointed
    director
  20. 2001-07-11
    GONZALEZ LOPEZ, Claudino appointed
    director
  21. 2001-07-11
    LAMEY, Christopher Jeffrey resigned
    secretary
  22. 2000-12-08
    GRAND SOLE SERVICES LIMITED appointed
    corporate-secretary
  23. 1999-09-30
    DOBBIE, Anthony Henry resigned
    secretary
  24. 1999-09-30
    LAMEY, Christopher Jeffrey appointed
    secretary
  25. 1998-12-30
    DOBBIE, Anthony Henry appointed
    secretary
  26. 1998-12-30
    LONDON LAW SECRETARIAL LIMITED resigned
    corporate-nominee-secretary
  27. 1998-12-30
    BEADEL, Anthony James appointed
    director
  28. 1998-12-30
    LONDON LAW SERVICES LIMITED resigned
    corporate-nominee-director
  29. 1998-12-09
    🏢
    Company incorporated
    As ADDGATE LIMITED
  30. 1998-12-09
    LONDON LAW SECRETARIAL LIMITED appointed
    corporate-nominee-secretary
  31. 1998-12-09
    LONDON LAW SERVICES LIMITED appointed
    corporate-nominee-director

Owner dependency

83/100
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
  • +Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 77 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

90/100
Likely off-market candidate

Strong 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.
  • primary20+ year tenure: Director in role 25 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 27 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

clean
No 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
NameSharesVoting rightsNature of controlNotified
Claudino Gonzalez Covelo
Individual · Spanish · DOB 07/1949 · age 77
2550%
25-50% shares06/04/2016
Maria Elena Lopez Fabeiro
Individual · Spanish · DOB 04/1951 · age 75
2550%
25-50% shares06/04/2016

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 →

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A J LIDSTONE & SON LIMITED
03788580 · est 1999 · no financials extracted
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04984788 · est 2003 · no financials extracted
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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
Incorporated1998-12-09
Jurisdictionengland-wales
Primary SIC03110 — SIC 03110

Registered office

18 Glebelands
Buckfastleigh
Devon
TQ11 0BJ

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-02-09
Last: 2026-01-26

Officers (4 active · 6 resigned)

GONZALEZ LOPEZ, Claudino
secretary · appointed 2001-07-11
View their other companies + combined net worth →
Active
GONZALEZ COVELO, Claudino
director · ~77y · appointed 2001-07-11
View their other companies + combined net worth →
Active
GONZALEZ LOPEZ, Claudino
director · ~52y · appointed 2001-07-11
View their other companies + combined net worth →
Active
GONZALEZ LOPEZ, Enrique
director · ~50y · appointed 2013-05-01
View their other companies + combined net worth →
Active
DOBBIE, Anthony Henry
secretary · appointed 1998-12-30 · resigned 1999-09-30
Resigned
LAMEY, Christopher Jeffrey
secretary · appointed 1999-09-30 · resigned 2001-07-11
Resigned
GRAND SOLE SERVICES LIMITED
corporate-secretary · appointed 2000-12-08 · resigned 2004-10-19
Resigned
LONDON LAW SECRETARIAL LIMITED
corporate-nominee-secretary · appointed 1998-12-09 · resigned 1998-12-30
Resigned
BEADEL, Anthony James
director · ~83y · appointed 1998-12-30 · resigned 2003-04-01
Resigned
LONDON LAW SERVICES LIMITED
corporate-nominee-director · appointed 1998-12-09 · resigned 1998-12-30
Resigned

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

Recent filings (84 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-11
change-person-director-company-with-change-date
officers · CH01
2026-02-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-27
confirmation-statement-with-updates
confirmation-statement · CS01
2023-01-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-13
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-12-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-11
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-08-06