ANDANTINO LIMITED
🌳Matureactive
07552139 · ltd · incorporated 2011-03-04
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 Mar 2025
Net worth
£321.6k
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueProperty-backed borrower with a 71-year-old founder — textbook succession opportunity.
Opportunity 79/100 (strong), bankability 67/100. Strong seller-intent signal (93/100, director aged 71). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
5 live charges · 4 lenders · oldest 15.1y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 15.1 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
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
5 charges (5/5 with lender, 5/5 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
43 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
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 · FRS 105 (micro)Positive net assets
Net assets £321,635
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£322k
↑ 16% YoY
Current Assets
£7k
↓ 6.5% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £1.60M | £1.60M |
| Current assets | £7.3k | £7.8k |
| Net assets | £321.6k | £278.1k |
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
3
filings
- • 2 mortgage
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
- 2026-03-18📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-03-18📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-03-18🔓Charge satisfied #5
- 2026-03-18🔓Charge satisfied #4
- 2025-08-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-07-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-02-27📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-02-27🔓Charge satisfied #2
- 2023-10-06📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-08-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-03-07📄change-person-director-company-with-change-dateofficers · CH01
- 2022-03-07📄change-person-director-company-with-change-dateofficers · CH01
- 2021-07-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-12-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-01-06📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-10-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-10-06📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-06-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2017-06-23🔓Charge satisfied #1
- 2017-04-21📄change-person-director-company-with-change-dateofficers · CH01
- 2016-07-27🔒Charge registered #5Lender: Yvonne Margaret Baatz
- 2016-07-27🔒Charge registered #4Lender: Nicholas Stephen Baatz
- 2016-07-27🔒Charge registered #3Lender: Nicholas Stephen Baatz
- 2011-05-09🔒Charge registered #2Lender: Nicholas Stephen Baatz and Yvonne Margaret Baatz (As Trustees of the Ns Baatz Settlement Trust)
- 2011-05-09🔒Charge registered #1Lender: Yvonne Margaret Baatz and Nicholas Stephen Baatz (As Trustees of the Ym Baatz Settlement Trust)
- 2011-03-04🏢Company incorporatedAs ANDANTINO LIMITED
- 2011-03-04➕BAATZ, Nicholas appointedsecretary
- 2011-03-04➕BAATZ, Nicholas appointeddirector
- 2011-03-04➕BAATZ, Yvonne Margaret appointeddirector
Owner dependency
91/100
Critical — business is the founderThe 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 15 years — deep operational knowledge concentrated in one person.
- +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 candidateStrong 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 15 years.
- secondaryStable-but-static management: Company is 15 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
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Nicholas Baatz Individual · British · DOB 03/1955 · age 71 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 06/04/2016 |
Mrs Yvonne Margaret Baatz Individual · British · DOB 09/1957 · age 69 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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| A WYATT PROPERTIES LTD→ 16049431 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
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| AQUERCUS PROPERTY LTD→ 14221519 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ARC CAPITAL LIMITED→ 03851855 · est 1999 · no financials extracted | — | — | — | — | 26y | — | — |
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| ASHWELLS ESTATE AGENTS LIMITED→ 07121138 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| ASPO HOUSING LIMITED→ 16215606 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ASSOR LIMITED→ 06393262 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
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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
Incorporated2011-03-04
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
Warren Farm
The Warren
West Tytherley
Salisbury
SP5 1LU
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-18
Last: 2026-03-04
Officers (3 active · 0 resigned)
Active
BAATZ, Nicholas→
Activedirector · ~71y · appointed 2011-03-04
View their other companies + combined net worth →
BAATZ, Yvonne Margaret→
Activedirector · ~69y · appointed 2011-03-04
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
1
Outstanding
1
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Yvonne Margaret Baatz | A registered charge | 1 property | 27/07/2016 | 18/03/2026 | |
| satisfied | Nicholas Stephen Baatz | A registered charge | 1 property | 27/07/2016 | 18/03/2026 | |
| outstanding | Nicholas Stephen Baatz | A registered charge | 1 property | 27/07/2016 | — | |
| satisfied | Nicholas Stephen Baatz and Yvonne Margaret Baatz (As Trustees of the Ns Baatz Settlement Trust) | Legal charge | 1 property | 09/05/2011 | 27/02/2024 | |
| satisfied | Yvonne Margaret Baatz and Nicholas Stephen Baatz (As Trustees of the Ym Baatz Settlement Trust) | Legal charge | 1 property | 09/05/2011 | 23/06/2017 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (43 total)
mortgage-satisfy-charge-full
mortgage · MR04
2026-03-18
mortgage-satisfy-charge-full
mortgage · MR04
2026-03-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-09
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-06
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-04
mortgage-satisfy-charge-full
mortgage · MR04
2024-02-27
accounts-with-accounts-type-micro-entity
accounts · AA
2023-10-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-07
accounts-with-accounts-type-micro-entity
accounts · AA
2022-08-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-07
change-person-director-company-with-change-date
officers · CH01
2022-03-07
change-person-director-company-with-change-date
officers · CH01
2022-03-07
accounts-with-accounts-type-micro-entity
accounts · AA
2021-07-28