AFFORDABLE HOMES UK (MID DEVON) LIMITED

💤Zombieactive
06231484 · private-limited-guarant-nsc · incorporated 2007-04-30
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2025
Net worth
—
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
Pursue
Property-backed borrower with a 65-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 65). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 19.1y

45/100
under pressure

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

  • · Oldest live charge is 19.1 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
3 officers (2 active, 3 linked, 1 with DOB)
77
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
49 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
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
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£0Dec 2024Dec 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-12-312024-12-31
Average employees100100

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
1
filing
  • • 1 confirmation-statement
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2026-03-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-04-29
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  3. 2025-04-29
    📄
    withdrawal-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC09
  4. 2025-04-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-07-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-03-07
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  7. 2022-04-20
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  8. 2021-09-22
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  9. 2020-10-06
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  10. 2019-09-24
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  11. 2019-05-03
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  12. 2019-05-03
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2019-05-03
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2018-09-20
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  15. 2017-09-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2015-12-23
    ➖
    AFFORDABLE HOMES UK LIMITED resigned
    corporate-director
  17. 2010-09-30
    ➕
    COTTINGHAM, John Charles appointed
    director
  18. 2007-05-31
    🔒
    Charge registered #1
    Lender: Midas Homes Limited
  19. 2007-04-30
    🏢
    Company incorporated
    As AFFORDABLE HOMES UK (MID DEVON) LIMITED
  20. 2007-04-30
    ➕
    PUTTICK, Raymond Eric appointed
    secretary
  21. 2007-04-30
    ➕
    AFFORDABLE HOMES UK LIMITED appointed
    corporate-director

Owner dependency

100/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 16 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 65 — succession pressure is live.

Succession & seller-readiness

88/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 16 years.
  • secondaryStable-but-static management: Company is 19 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

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr John Charles Cottingham
Individual · British · DOB 11/1961 · age 65
——sig. influencesignificant influence30/04/2017

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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11109195 · est 2017 · no financials extracted
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16586666 · est 2025 · no financials extracted
———————
AFFINITY CAPITAL EQUITY PROJECTS LTD→
15660111 · est 2024 · no financials extracted
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AFFORDABLE HOUSING UK LIMITED→
06030300 · est 2006 · no financials extracted
————19y——
AFL INVESTMENT & ASSETS LIMITED→
13128053 · est 2021 · no financials extracted
————5y——
AGENTVALID LIMITED→
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AGP COMMERCIAL PROPERTY LTD→
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———————
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————5y——
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————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
Typeprivate-limited-guarant-nsc
Incorporated2007-04-30
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate

Registered office

Cosmopolitan House
Old Fore Street
Sidmouth
Devon
EX10 8LS

Filing status

Accounts
Next due: 2027-09-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2027-05-14
Last: 2026-04-30

Officers (2 active · 1 resigned)

PUTTICK, Raymond Eric→
secretary · appointed 2007-04-30
View their other companies + combined net worth →
Active
COTTINGHAM, John Charles→
director · ~65y · appointed 2010-09-30
View their other companies + combined net worth →
Active
AFFORDABLE HOMES UK LIMITED→
corporate-director · appointed 2007-04-30 · resigned 2015-12-23
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Midas Homes
Midas Homes Limited
Legal charge1 property31/05/2007—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (49 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-01
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-04-29
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2025-04-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-04
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-03-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-03
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-04-20
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-09-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-04
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-10-06