ADDERSTONE (210) LIMITED
🌳Matureactive
04165063 · ltd · incorporated 2001-02-21
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
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
ALSO REGISTERED FOR
- 68209Other letting and operating of own or leased real estate
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 72/100 (strong), bankability 77/100. 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 (50/100).
🏦
Refinance opportunity
20 live charges · 4 lenders · oldest 25.0y
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 25.0 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 45/100 (high).
Data confidence
Overall: high (83/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
20 charges (20/20 with lender, 20/20 with type)
90
Directors & officers
19 officers (3 active, 19 linked, 13 with DOB)
84
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
17 connected companies via shared directors
90
Filing history
155 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Average employees | 0 | 0 |
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
4
filings
- • 4 mortgage
Last 90 days
5
filings
- • 4 mortgage
- • 1 officers
Last 180 days
7
filings
- • 4 mortgage
- • 3 officers
Counts from Companies House filing history.
Corporate timeline (95 events)Click to expand
- 2026-06-04📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-06-04📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-06-04📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-06-04📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-06-04🔓Charge satisfied #20
- 2026-06-04🔓Charge satisfied #19
- 2026-06-04🔓Charge satisfied #18
- 2026-06-04🔓Charge satisfied #16
- 2026-04-16📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-04-03➕PHILLIPS, Richard Malcolm appointeddirector
- 2026-02-17📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-02-17📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-02-16➕GRANT, Kathryn Anne appointeddirector
- 2026-02-16➖BAGGETT, Ian Robert, Dr resigneddirector
- 2025-11-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-01-29📄change-person-director-company-with-change-dateofficers · CH01
- 2024-12-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-13📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-12-13📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-12-13🔓Charge satisfied #17
- 2022-12-13🔓Charge satisfied #15
- 2022-10-28📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-10-28📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2022-01-28📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-01-28📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-01-27🔒Charge registered #20Lender: Handelsbanken PLC
- 2022-01-27🔒Charge registered #19Lender: Handelsbanken PLC
- 2021-11-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-11-06🔒Charge registered #18Lender: Handelsbanken PLC
- 2020-04-15➖KAHN, Andrew Robert resigneddirector
- 2020-03-18🔒Charge registered #17Lender: Handelsbanken PLC
- 2020-01-21➖HARRISON, Allison Jane resigneddirector
- 2020-01-21➕KAHN, Andrew Robert appointeddirector
- 2019-07-08🔒Charge registered #16Lender: Handelsbanken PLC
- 2019-07-08🔒Charge registered #15Lender: Handelsbanken PLC
- 2019-05-20🔓Charge satisfied #14
- 2019-05-20🔓Charge satisfied #13
- 2019-05-20🔓Charge satisfied #12
- 2019-05-20🔓Charge satisfied #11
- 2019-05-20🔓Charge satisfied #10
- 2019-05-20🔓Charge satisfied #9
- 2019-05-20🔓Charge satisfied #8
- 2019-05-20🔓Charge satisfied #7
- 2019-05-20🔓Charge satisfied #6
- 2019-05-20🔓Charge satisfied #5
- 2019-05-20🔓Charge satisfied #4
- 2019-05-20🔓Charge satisfied #3
- 2019-05-20🔓Charge satisfied #2
Showing most recent 50 of 95 events
Owner dependency
50/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
Succession & seller-readiness
35/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
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
Adderstone Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Adderstone Holdings Limited
Corporate parent · holds 75-100% shares · board control
⬇
ADDERSTONE (210) LIMITED
This company · 04165063
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 |
|---|---|---|---|---|
Adderstone Holdings Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 30/09/2022 |
2 historic (ceased) PSCs
- Dr Ian Robert Baggettceased 30/09/2022· 75-100% shares
- Adderstone Developments Limitedceased 31/10/2018· 75-100% shares
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 · Property · NE postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ADAMS NORTHEAST PROPERTIES LTD→ 10224488 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ADAMSON HOLDING COMPANY LIMITED→ 09711476 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| ADAPT NORTHUMBERLAND LTD→ 16311167 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ADAVO (TOWN HALL) LIMITED→ 13137923 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ADAVO LTD→ 09041168 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| ADDERSTONE (207) LIMITED→ 11566791 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ADDERSTONE (209) LIMITED→ 11588309 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ADDERSTONE (211) LIMITED→ 13394486 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ADDERSTONE (214) LIMITED→ 11654346 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ADDERSTONE (221) LIMITED→ 12995165 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ADDERSTONE (223) LIMITED→ 13196002 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ADDERSTONE 17 MANAGEMENT COMPANY LIMITED→ 04254907 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated2001-02-21
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate
Registered office
Nelson House The Fleming, Burdon Terrace
Jesmond
Newcastle Upon Tyne
NE2 3AE
United Kingdom
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-11-23
Last: 2025-11-09
Officers (3 active · 16 resigned)
GRANT, Kathryn Anne→
Activedirector · ~53y · appointed 2026-02-16
View their other companies + combined net worth →
PHILLIPS, Richard Malcolm→
Activedirector · ~47y · appointed 2026-04-03
View their other companies + combined net worth →
SHIPLEY, Michael Raymond→
Activedirector · ~42y · appointed 2016-03-29
View their other companies + combined net worth →
ARMSTRONG, John George→
Resignedsecretary · appointed 2010-11-26 · resigned 2018-08-31
FLETCHER, Diane Marie→
Resignedsecretary · appointed 2001-02-21 · resigned 2002-07-16
GRAEME, Dorothy May→
Resignednominee-secretary · appointed 2001-02-21 · resigned 2001-02-21
GRIFFITHS, Jill→
Resignedsecretary · appointed 2002-07-16 · resigned 2005-05-12
JOHNSTON, Alan Duncan→
Resignedsecretary · appointed 2005-06-30 · resigned 2010-11-26
LAMBERT, Sarah→
Resignedsecretary · appointed 2005-05-12 · resigned 2005-06-30
ANDERS, Gary→
Resigneddirector · ~52y · appointed 2003-08-12 · resigned 2004-08-05
ATKINSON, James Terence→
Resigneddirector · ~43y · appointed 2016-03-29 · resigned 2018-07-23
BAGGETT, Ian Robert, Dr→
Resigneddirector · ~54y · appointed 2001-02-21 · resigned 2026-02-16
GRAEME, Lesley Joyce→
Resignednominee-director · ~73y · appointed 2001-02-21 · resigned 2001-02-21
GRIFFITHS, Jill→
Resigneddirector · ~52y · appointed 2003-02-14 · resigned 2005-05-12
HARRISON, Allison Jane→
Resigneddirector · ~62y · appointed 2018-07-23 · resigned 2020-01-21
HUTTON, Paul Marcus→
Resigneddirector · ~60y · appointed 2006-08-01 · resigned 2013-08-09
KAHN, Andrew Robert→
Resigneddirector · ~48y · appointed 2020-01-21 · resigned 2020-04-15
SHARP, Stuart William→
Resigneddirector · ~68y · appointed 2001-02-21 · resigned 2002-02-06
STONEHOUSE, David Coulson→
Resigneddirector · ~71y · appointed 2001-11-01 · resigned 2003-03-19
Click a director name to see their full track record across all companies.
Mortgages & charges
20
Total charges
0
Outstanding
0
Active lenders
Status:Lender:20 of 20 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Handelsbanken Handelsbanken PLC | A registered charge | 1 property | 27/01/2022 | 04/06/2026 | |
| satisfied | Handelsbanken Handelsbanken PLC | A registered charge | 2 properties | 27/01/2022 | 04/06/2026 | |
| satisfied | Handelsbanken Handelsbanken PLC | A registered charge | 2 properties | 06/11/2020 | 04/06/2026 | |
| satisfied | Handelsbanken Handelsbanken PLC | A registered charge | 1 property | 18/03/2020 | 13/12/2022 | |
| satisfied | Handelsbanken Handelsbanken PLC | A registered charge | 1 property | 08/07/2019 | 04/06/2026 | |
| satisfied | Handelsbanken Handelsbanken PLC | A registered charge | 2 properties | 08/07/2019 | 13/12/2022 | |
| satisfied | Aib Group (UK) Aib Group (UK) PLC | A registered charge | 1 property | 20/01/2014 | 20/05/2019 | |
| satisfied | Aib Group (UK) Aib Group (UK) PLC | A registered charge | 1 property | 20/01/2014 | 20/05/2019 | |
| satisfied | Svenska Handelsbanken Ab (Publ) | Deed of legal charge | 2 properties | 29/11/2012 | 20/05/2019 | |
| satisfied | Aib Group (UK) Aib Group (UK) PLC | Legal mortgage | 3 properties | 10/02/2004 | 20/05/2019 | |
| satisfied | Aib Group (UK) Aib Group (UK) PLC | Legal mortgage | 2 properties | 19/12/2003 | 20/05/2019 | |
| satisfied | Aib Group (UK) Aib Group (UK) PLC | Legal charge | 1 property | 19/08/2003 | 20/05/2019 | |
| satisfied | Aib Group (UK) Aib Group (UK) PLC | Legal mortgage | 2 properties | 24/02/2003 | 20/05/2019 | |
| satisfied | Aib Group (UK) P.L.C. | Legal mortgage | 2 properties | 19/03/2002 | 20/05/2019 | |
| satisfied | Aib Group (UK) P.L.C. | Legal mortgage | 2 properties | 06/03/2002 | 20/05/2019 | |
| satisfied | Aib Group (UK) Aib Group (UK) PLC | Legal mortgage | 3 properties | 21/12/2001 | 20/05/2019 | |
| satisfied | Aib Group (UK) P.L.C. | Legal mortgage | 2 properties | 30/09/2001 | 20/05/2019 | |
| satisfied | Aib Group (UK) P.L.C. | Legal mortgage | 3 properties | 05/06/2001 | 20/05/2019 | |
| satisfied | Aib Group (UK) P.L.C. | Legal mortgage | 2 properties | 05/06/2001 | 20/05/2019 | |
| satisfied | Aib Group (UK) P.L.C. | Mortgage debenture | 1 property | 05/06/2001 | 09/04/2013 |
Recent filings (155 total)
mortgage-satisfy-charge-full
mortgage · MR04
2026-06-04
mortgage-satisfy-charge-full
mortgage · MR04
2026-06-04
mortgage-satisfy-charge-full
mortgage · MR04
2026-06-04
mortgage-satisfy-charge-full
mortgage · MR04
2026-06-04
appoint-person-director-company-with-name-date
officers · AP01
2026-04-16
termination-director-company-with-name-termination-date
officers · TM01
2026-02-17
appoint-person-director-company-with-name-date
officers · AP01
2026-02-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-04
change-person-director-company-with-change-date
officers · CH01
2025-01-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-19