ADDINGHAM DEVELOPMENTS LIMITED

🌳Matureactive

05399458 · ltd · incorporated 2005-03-19

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.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 19.9y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

£-106.3k

book net assets

Opportunity

72/100

Strong

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What this business does

Primary activity: Buying and selling of own real estate

Sector: Real estate

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

Opportunity 72/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 70). Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

3 live charges · oldest 19.9y

85/100

ready

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

· Oldest live charge is 19.9 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (75/100)

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

Lenders & charges

3 charges (3/3 with lender, 3/3 with type)

Directors & officers

7 officers (5 active, 7 linked, 4 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

17 connected companies via shared directors

Filing history

64 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

72/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Some moderate concerns — review flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Negative net assets

Liabilities exceed assets by £106,252

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

-£106k

~ YoY

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-03-31	2024-03-31
Total assets	£-106.3k	£-106.3k
Cash	—	£99
Net assets	£-106.3k	£-106.3k

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

filings

Last 90 days

filings

• 1 gazette
• 1 dissolution

Last 180 days

filings

• 1 gazette
• 1 dissolution

Counts from Companies House filing history.

Corporate timeline (33 events)Click to expand

2026-04-28
📄
gazette-notice-voluntary
gazette · GAZ1(A)
2026-04-21
📄
dissolution-application-strike-off-company
dissolution · DS01
2025-04-22
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-04
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-23
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-01-03
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-09
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-02-09
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-02-09
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-09-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-08
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-06-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-12-06
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-10-19
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2017-09-05
📄
mortgage-satisfy-charge-full
mortgage · MR04
2017-09-05
📄
mortgage-satisfy-charge-full
mortgage · MR04
2017-09-05
🔓
Charge satisfied #3
2017-09-05
🔓
Charge satisfied #2
2017-09-05
🔓
Charge satisfied #1
2007-09-28
🔒
Charge registered #3
Lender: National Westminster Bank PLC
2006-08-04
🔒
Charge registered #2
Lender: National Westminster Bank PLC
2006-08-04
🔒
Charge registered #1
Lender: National Westminster Bank PLC
2005-03-22
➕
ERVINE, Michael Scott appointed
director
2005-03-22
➕
LAZENBY, Philip Brian appointed
director
2005-03-19
🏢
Company incorporated
As ADDINGHAM DEVELOPMENTS LIMITED
2005-03-19
➕
HARRISON, David Neil appointed
secretary
2005-03-19
➕
HARRISON, David Neil appointed
director
2005-03-19
➕
KENYON, David Nicholas appointed
director
2005-03-19
➕
YORK PLACE COMPANY SECRETARIES LIMITED appointed
corporate-nominee-secretary
2005-03-19
➖
YORK PLACE COMPANY SECRETARIES LIMITED resigned
corporate-nominee-secretary
2005-03-19
➕
YORK PLACE COMPANY NOMINEES LIMITED appointed
corporate-nominee-director
2005-03-19
➖
YORK PLACE COMPANY NOMINEES LIMITED resigned
corporate-nominee-director

Owner dependency

65/100

High — earn-out structure required

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

FACTORS

-4 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 70 — succession pressure is live.

Succession & seller-readiness

85/100

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 70 years old. Natural succession window is now.
primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 21 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high · 1 med ·

Confirmation statement overdue

high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-04-01

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.

🔒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 · WF postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
A K M PROPERTIES (YORKSHIRE) LIMITED→ 12761558 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
A.I.P. COMPRESSORS LIMITED→ 16409149 · est 2025 · no financials extracted	—	—	—	—	—	—	—
ADEL PROPERTY SOLUTIONS LTD→ 14547545 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
ADENIYI & UWUMA PROPERTY LIMITED→ 14580190 · est 2023 · no financials extracted	—	—	—	—	3y	—	—
ADNAR LIMITED→ 11858018 · est 2019 · no financials extracted	—	—	—	—	7y	—	—
ADS NORTH EAST LTD→ 12464971 · est 2020 · no financials extracted	—	—	—	—	6y	—	—
AF INVESTMENTS DEWSBURY LTD→ 13043122 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
AFOR PROPERTY LIMITED→ 12514274 · est 2020 · no financials extracted	—	—	—	—	6y	—	—
AFRIDI HEALTHCARE LTD→ 09930540 · est 2015 · no financials extracted	—	—	—	—	10y	—	—
AHHD LTD→ 15699652 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
AHK PROPERTY SOLUTIONS LTD→ 16329481 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
AHKHAN PROPERTIES LTD→ 12227159 · est 2019 · no financials extracted	—	—	—	—	6y	—	—

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.

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Company details

Statusactive

Typeltd

Incorporated2005-03-19

Jurisdictionengland-wales

Primary SIC68100 — Buying and selling of own real estate

Registered office

Paylings 40-42 Castleford Road

Normanton

WF6 2EE

England

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-04-01OVERDUE

Last: 2025-03-18