ADCOMBE DEVELOPMENTS LIMITED

🌳Matureactive
06321353 · ltd · incorporated 2007-07-23
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 4.9y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Construction of domestic buildings
Sector: Construction
Investor take
Pursue
Active trading company with a 62-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (70/100, director aged 62). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 4.9y

75/100
ready

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

  • · Charge age ~4.9 years — mid-life; refi window approaching.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (77/100)

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
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
52 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£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Average employees200200

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2025-12-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-07-29
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  4. 2023-05-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-07-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-08-25
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  7. 2021-08-25
    🔒
    Charge registered #1
    Lender: West of England Developments (Taunton) NO2 Limited
  8. 2021-05-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2021-04-21
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2020-11-09
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2020-11-09
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2020-10-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2020-10-20
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  14. 2020-10-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2020-10-20
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  16. 2020-06-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2019-08-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2018-09-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2007-07-23
    🏢
    Company incorporated
    As ADCOMBE DEVELOPMENTS LIMITED
  20. 2007-07-23
    ➕
    GRAFTON, Sean appointed
    secretary
  21. 2007-07-23
    ➕
    GRAFTON, Lesley appointed
    director
  22. 2007-07-23
    ➕
    GRAFTON, Sean appointed
    director

Owner dependency

84/100
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.
  • +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 62 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

69/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 19 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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Sean Grafton
Individual · British · DOB 02/1964 · age 62
50–75%
—50-75% shares23/07/2016
Mrs Lesley Sharon Grafton
Individual · British · DOB 06/1964 · age 62
25–50%
—25-50% shares22/07/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated2007-07-23
Jurisdictionengland-wales
Primary SIC41202 — Construction of domestic buildings

Registered office

Written Contact Only. Beeches
Stoke St Mary
Taunton
TA3 5BX
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-08-06
Last: 2025-07-23

Officers (3 active · 0 resigned)

GRAFTON, Sean→
secretary · appointed 2007-07-23
View their other companies + combined net worth →
Active
GRAFTON, Lesley→
director · ~62y · appointed 2007-07-23
View their other companies + combined net worth →
Active
GRAFTON, Sean→
director · ~62y · appointed 2007-07-23
View their other companies + combined net worth →
Active

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
West of England Developments (Taunton) NO2
West of England Developments (Taunton) NO2 Limited
A registered charge1 property25/08/2021—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (52 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-31
change-person-secretary-company-with-change-date
officers · CH03
2024-07-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-04
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-08-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-18
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-04-21
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-11-09
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-11-09