AAD PROPERTIES LIMITED

🌳Matureactive
05822855 · ltd · incorporated 2006-05-19
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Sept 2024
Net worth
£638.3k
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
Active trading company with a 71-year-old founder — textbook succession opportunity.

Opportunity 77/100 (strong), bankability 67/100. Strong seller-intent signal (68/100, director aged 71). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

7 live charges · 3 lenders · oldest 19.9y

15/100
under pressure

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

  • · Oldest live charge is 19.9 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: high (81/100)

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
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
4 officers (3 active, 4 linked, 3 with DOB)
85
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
64 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
70
Strong succession / seller-readiness signals.
Risk profile
77
Few red 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 £638,274
Cash draining
Cash down 54% YoY
Cash YoY
-54%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£3k
↓ 54% YoY
Net Worth
£638k
↑ 5.8% YoY
Current Assets
£522k
↑ 39% YoY
Current Liabilities
—
£0£128k£255k£383k£511k£638kSept 2023Sept 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-09-302023-09-30
Total assets£834.5k£803.4k
Current assets£521.9k£376.4k
Cash£3.2k£7.0k
Debtors£177.2k£55.3k
Net assets£638.3k£603.4k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals 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
1
filing
  • • 1 confirmation-statement
Last 90 days
1
filing
  • • 1 confirmation-statement
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (34 events)Click to expand
  1. 2025-06-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-04-03
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  3. 2025-04-02
    🔒
    Charge registered #7
    Lender: Wearside Accommodation Services Limited
  4. 2024-06-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-09-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-09-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2022-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-07-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2022-07-13
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2022-07-11
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  11. 2022-07-11
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2022-07-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  13. 2022-07-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  14. 2021-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2020-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2019-06-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2019-03-28
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  18. 2019-03-28
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  19. 2019-03-28
    🔓
    Charge satisfied #4
  20. 2019-03-28
    🔓
    Charge satisfied #3
  21. 2019-03-28
    🔓
    Charge satisfied #2
  22. 2019-03-28
    🔓
    Charge satisfied #1
  23. 2019-01-22
    🔒
    Charge registered #6
    Lender: Barclays Security Trustee Limited
  24. 2018-11-21
    🔒
    Charge registered #5
    Lender: Barclays Security Trustee Limited
  25. 2014-02-18
    ➕
    DOBBING, Alex appointed
    director
  26. 2014-02-18
    ➕
    DOBBING, Maxine appointed
    director
  27. 2014-02-18
    ➖
    DOBBING, Alexander Anthony resigned
    director
  28. 2009-06-15
    🔒
    Charge registered #4
    Lender: National Westminster Bank PLC
  29. 2008-01-07
    🔒
    Charge registered #3
    Lender: National Westminster Bank PLC
  30. 2007-05-22
    🔒
    Charge registered #2
    Lender: National Westminster Bank PLC
  31. 2006-07-11
    🔒
    Charge registered #1
    Lender: National Westminster Bank PLC
  32. 2006-05-19
    🏢
    Company incorporated
    As AAD PROPERTIES LIMITED
  33. 2006-05-19
    ➕
    DOBBING, Alex appointed
    secretary
  34. 2006-05-19
    ➕
    DOBBING, Alexander Anthony appointed
    director

Owner dependency

81/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder age: Director aged approximately 71 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

89/100
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 71 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 12 years.
  • secondaryStable-but-static management: Company is 20 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

1 med ·
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
Mrs Maxine Dobbing
Individual · British · DOB 12/1976 · age 50
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
Mr Alex Dobbing
Individual · British · DOB 02/1955 · age 71
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 · NE postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
7BRIDGES LIVING LTD→
13412319 · est 2021 · no financials extracted
————4y——
A. BENSON PROPERTIES LIMITED→
06331862 · est 2007 · no financials extracted
————18y——
A.A.S. CONTRACTORS LTD→
13263191 · est 2021 · no financials extracted
————5y——
A.ARMSTRONG WIND SERVICES LTD→
15183314 · est 2023 · no financials extracted
————2y——
A1 DOUBLE GLAZING REPAIRS LTD→
07881158 · est 2011 · no financials extracted
————14y——
A1 PLUMBING AND HEATING LIMITED→
04526554 · est 2002 · no financials extracted
————23y——
AA FLAT ROOFING & PROPERTY MAINTENANCE LTD→
17011344 · est 2026 · no financials extracted
———————
AAGG CONSTRUCTION LTD→
14749321 · est 2023 · no financials extracted
————3y——
AAO CAPITAL LTD→
13524534 · est 2021 · no financials extracted
————4y——
ABBEY VIEW (NORTH EAST) LTD→
14270729 · est 2022 · no financials extracted
————3y——
ABBEYVIEW HOUSING LTD→
13742331 · est 2021 · no financials extracted
————4y——
ABCA SYSTEMS GROUP LIMITED→
12500353 · est 2020 · 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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2006-05-19
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects

Registered office

70 The Galleries Washington Centre
Washington
NE38 7RR
United Kingdom

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2027-06-02
Last: 2026-05-19

Officers (3 active · 1 resigned)

DOBBING, Alex→
secretary · appointed 2006-05-19
View their other companies + combined net worth →
Active
DOBBING, Alex→
director · ~71y · appointed 2014-02-18
View their other companies + combined net worth →
Active
DOBBING, Maxine→
director · ~50y · appointed 2014-02-18
View their other companies + combined net worth →
Active
DOBBING, Alexander Anthony→
director · ~48y · appointed 2006-05-19 · resigned 2014-02-18
Resigned

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

Mortgages & charges

7
Total charges
3
Outstanding
2
Active lenders
Status:Lender:7 of 7 shown
TypeProperties
outstanding
Wearside Accommodation Services
Wearside Accommodation Services Limited
A registered charge1 property02/04/2025—
outstanding
Barclays
Barclays Security Trustee Limited
A registered charge1 property22/01/2019—
outstanding
Barclays
Barclays Security Trustee Limited
A registered charge—21/11/2018—
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal charge1 property15/06/200928/03/2019
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal charge1 property07/01/200828/03/2019
satisfied
National Westminster Bank
National Westminster Bank PLC
Debenture1 property22/05/200728/03/2019
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal charge1 property11/07/200628/03/2019
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (64 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-21
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-09-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-31
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-07-13
change-person-director-company-with-change-date
officers · CH01
2022-07-13
change-person-secretary-company-with-change-date
officers · CH03
2022-07-11
change-person-director-company-with-change-date
officers · CH01
2022-07-11
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-07-11