ADASTRA PROPERTY LIMITED
🌳Matureactive
08123582 · ltd · incorporated 2012-06-28
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
£90.6k
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 74-year-old founder — textbook succession opportunity.
Opportunity 79/100 (strong), bankability 67/100. Strong seller-intent signal (68/100, director aged 74). 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 (73/100).
🏦
Refinance opportunity
3 live charges · 3 lenders · oldest 13.8y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 13.8 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: high (80/100)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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
35 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
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £90,556
Cash YoY
-7%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£8k
↓ 6.5% YoY
Net Worth
£91k
↑ 5.0% 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 | £90.6k | £86.2k |
| Cash | £8.2k | £8.8k |
| Net assets | £90.6k | £86.2k |
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
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
- 2025-12-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-10-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-01-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-04-29📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-12-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-12-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-08-02📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2018-08-02📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2017-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-11-02📄mortgage-create-with-deed-with-charles-court-order-extend-with-charge-number-charge-creation-datemortgage · MR01
- 2017-05-27📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2017-05-26🔒Charge registered #3Lender: Belmont Green Finance LTD Trading as Vida Homeloans
- 2017-05-26🔒Charge registered #2Lender: Belmont Green Finance Lts Trading as Vida Homeloans
- 2016-12-21📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-07-27📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-09-03🔒Charge registered #1Lender: John Massey and Deborah Massey
- 2012-06-28🏢Company incorporatedAs ADASTRA PROPERTY LIMITED
- 2012-06-28➕MASSEY, Deborah Ann appointeddirector
- 2012-06-28➕MASSEY, John Charles appointeddirector
Owner dependency
86/100
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.
- +Founder age: Director aged approximately 74 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 14 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
79/100
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 74 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 14 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanNo 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Deborah Ann Massey Individual · British · DOB 09/1956 · age 70 | 25–50% | — | 25-50% shares | 30/06/2016 |
Mr John Charles Massey Individual · British · DOB 10/1952 · age 74 | 25–50% | — | 25-50% shares | 30/06/2016 |
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 · Property · CO postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A & H PHILLIPS LTD→ 15184998 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| A.J.T PROPERTY INVESTMENTS LIMITED→ 10770645 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| A&G REALTY LTD→ 16816997 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ACORN PARK HOMES MANAGEMENT LTD→ 09666837 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| ACORNGAIN PROPERTY MANAGEMENT COMPANY LIMITED→ 02626422 · est 1991 · no financials extracted | — | — | — | — | 34y | — | — |
| ACP (BILLERICAY) LIMITED→ 14014913 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| AD PRIME MANAGEMENT LTD→ 16613047 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AD PRIME PROPERTY LTD→ 16561264 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ADAMS PROPERTY YORKSHIRE LTD→ 13878943 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| ADKET PROPERTIES LTD→ 03896427 · est 1999 · no financials extracted | — | — | — | — | 26y | — | — |
| ADMIRALS GREEN (MANAGEMENT COMPANY) LIMITED→ 12774265 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ADMOR PROPERTIES LIMITED→ 15234595 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated2012-06-28
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
Mill House Mill House
High Street, Thorpe -Le-Soken
Clacton-On-Sea
Essex
CO16 0DY
United Kingdom
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-06-21
Last: 2025-06-07
Officers (2 active · 0 resigned)
MASSEY, Deborah Ann→
Activedirector · ~70y · appointed 2012-06-28
View their other companies + combined net worth →
MASSEY, John Charles→
Activedirector · ~74y · appointed 2012-06-28
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
3
Outstanding
3
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Belmont Green Finance Trading as Vida Homeloans Belmont Green Finance LTD Trading as Vida Homeloans | A registered charge | 1 property | 26/05/2017 | — | |
| outstanding | Belmont Green Finance Lts Trading as Vida Homeloans | A registered charge | 1 property | 26/05/2017 | — | |
| outstanding | John Massey and Deborah Massey | Mortgage | 1 property | 03/09/2012 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (35 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-01-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-11
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-04-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-07-30