ADONSTAR LIMITED

🌳Matureactive
05296727 · ltd · incorporated 2004-11-25
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 19.1y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Nov 2024
Net worth
book net assets
Opportunity
83/100
Exceptional
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Pursue
Active trading company with a 77-year-old founder — textbook succession opportunity.

Opportunity 83/100 (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).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 19.1y

70/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 19.1 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (82/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
7 officers (4 active, 7 linked, 3 with DOB)
79
Ownership & PSC
3 active PSC(s) of 4 total, 4 with control declared
90
Director network
13 connected companies via shared directors
84
Filing history
75 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
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
85
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
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£0Nov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-11-302023-11-30
Average employees3300

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 persons-with-significant-control
Last 180 days
2
filings
  • 2 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
  1. 2026-06-02
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  2. 2026-06-02
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2025-12-22
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2025-10-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2025-04-25
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2024-10-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2023-07-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2022-10-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2022-03-15
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2022-03-15
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2022-03-15
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2022-03-15
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  13. 2022-03-15
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  14. 2022-03-15
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  15. 2022-03-15
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  16. 2022-03-10
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2021-11-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2020-10-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2019-11-07
    🔒
    Charge registered #2
    Lender: Shawbrook Bank Limited
  20. 2018-03-22
    🔓
    Charge satisfied #1
  21. 2007-06-29
    🔒
    Charge registered #1
    Lender: Lloyds Tsb Bank PLC
  22. 2004-11-30
    WALSH, John Patrick appointed
    secretary
  23. 2004-11-30
    WALSH, Andrea resigned
    secretary
  24. 2004-11-25
    🏢
    Company incorporated
    As ADONSTAR LIMITED
  25. 2004-11-25
    BREARLEY, Anthony Eric appointed
    director
  26. 2004-11-25
    SNAPE, Peter Keith appointed
    director
  27. 2004-11-25
    WALSH, John Patrick appointed
    director
  28. 2004-11-25
    WALSH, Andrea appointed
    secretary
  29. 2004-11-25
    WATERLOW SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  30. 2004-11-25
    WATERLOW SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  31. 2004-11-25
    WATERLOW NOMINEES LIMITED appointed
    corporate-nominee-director
  32. 2004-11-25
    WATERLOW NOMINEES LIMITED resigned
    corporate-nominee-director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 77 — succession pressure is live.

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 22 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 22 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

3 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Peter Keith Snape
Individual · British · DOB 01/1951 · age 75
2550%
25–50%25-50% shares · 25-50% voting06/04/2016
Mr Anthony Eric Brearley
Individual · British · DOB 01/1949 · age 77
2550%
25–50%25-50% shares · 25-50% voting06/04/2016
Mr John Patrick Walsh
Individual · British · DOB 06/1964 · age 62
2550%
25–50%25-50% shares · 25-50% voting06/04/2016
1 historic (ceased) PSC
  • Mr John Patrick Walshceased 07/04/2016· 25-50% shares · 25-50% voting

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 · BB postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
A J BUTLER JOINERY LIMITED
05333359 · est 2005 · no financials extracted
21y
A.J.B. CONSTRUCTION (NW) LTD
11144133 · est 2018 · no financials extracted
8y
A.J.H. CONSTRUCTION LTD
09885339 · est 2015 · no financials extracted
10y
A.J.H. CONTRACTING LTD
04431086 · est 2002 · no financials extracted
23y
A&G DAY BUILDING AND CONSTRUCTION LTD
12263016 · est 2019 · no financials extracted
6y
ADA CONSTRUCTION NW LTD
15177643 · est 2023 · no financials extracted
2y
ADHAN CONSTRUCTION LIMITED
11268771 · est 2018 · no financials extracted
8y
ADVANCED ECO SOLUTIONS LTD
15145214 · est 2023 · no financials extracted
2y
ADVANCED PAVING LIMITED
11173890 · est 2018 · no financials extracted
8y
AFA TELECOMS LIMITED
16812833 · est 2025 · no financials extracted
AG RETAIL NUM (10) LTD
15661639 · est 2024 · no financials extracted
1y
AG RETAIL NUM (11) LTD
15661633 · est 2024 · no financials extracted
1y
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
Incorporated2004-11-25
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects

Registered office

C/O Pm+M New Century House
Greenbank Technology Park, Challenge Way
Blackburn
Lancashire
BB1 5QB
United Kingdom

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-12-09
Last: 2025-11-25

Officers (4 active · 3 resigned)

WALSH, John Patrick
secretary · appointed 2004-11-30
View their other companies + combined net worth →
Active
BREARLEY, Anthony Eric
director · ~77y · appointed 2004-11-25
View their other companies + combined net worth →
Active
SNAPE, Peter Keith
director · ~75y · appointed 2004-11-25
View their other companies + combined net worth →
Active
WALSH, John Patrick
director · ~62y · appointed 2004-11-25
View their other companies + combined net worth →
Active
WALSH, Andrea
secretary · appointed 2004-11-25 · resigned 2004-11-30
Resigned
WATERLOW SECRETARIES LIMITED
corporate-nominee-secretary · appointed 2004-11-25 · resigned 2004-11-25
Resigned
WATERLOW NOMINEES LIMITED
corporate-nominee-director · appointed 2004-11-25 · resigned 2004-11-25
Resigned

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Shawbrook
Shawbrook Bank Limited
A registered charge1 property07/11/2019
satisfied
Lloyds Banking Group
Lloyds Tsb Bank PLC
Mortgage1 property29/06/200722/03/2018
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (75 total)

notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-06-02
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-06-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-22
change-person-director-company-with-change-date
officers · CH01
2025-12-22
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-23
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-04-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-27
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-19
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-16
accounts-with-accounts-type-micro-entity
accounts · AA
2022-10-27
change-person-director-company-with-change-date
officers · CH01
2022-03-15
change-person-director-company-with-change-date
officers · CH01
2022-03-15
change-person-director-company-with-change-date
officers · CH01
2022-03-15