A D MODULAR LIMITED

🌳Matureactive
08215558 · ltd · incorporated 2012-09-14
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jan 2025
Net worth
£4.69M
book net assets
Opportunity
73/100
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: Other construction installation
Sector: Construction
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 73/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (58/100).

🏦

Refinance opportunity

5 live charges · 4 lenders · oldest 12.9y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 12.9 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 (73/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 6 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
55 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
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 £4,694,078

Key financials

1 year extracted from filed iXBRL accounts
Cash
£508k
Net Worth
£4.7m
Current Assets
£3.2m
Current Liabilities
—

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-01-31
Total assets£5.20M
Current assets£3.17M
Cash£507.8k
Debtors£2.18M
Net assets£4.69M

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
2
filings
  • • 2 mortgage
Last 90 days
2
filings
  • • 2 mortgage
Last 180 days
2
filings
  • • 2 mortgage
Counts from Companies House filing history.
Corporate timeline (38 events)Click to expand
  1. 2026-05-06
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  2. 2026-04-30
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  3. 2026-04-30
    🔒
    Charge registered #5
    Lender: Lloyds Bank PLC
  4. 2026-04-30
    🔒
    Charge registered #4
    Lender: Lloyds Bank PLC
  5. 2025-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2025-09-02
    📄
    accounts-amended-with-accounts-type-total-exemption-full
    accounts · AAMD
  7. 2025-06-02
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  8. 2025-05-28
    🔒
    Charge registered #3
    Lender: Clydesdale Bank PLC (Trading as Virgin Money) (Company Number SC001111)
  9. 2024-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2024-10-23
    📄
    resolution
    resolution · RESOLUTIONS
  11. 2024-10-19
    📄
    resolution
    resolution · RESOLUTIONS
  12. 2024-10-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2024-10-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2024-10-16
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2024-10-16
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2024-10-16
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  17. 2024-10-16
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  18. 2024-10-16
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  19. 2024-10-15
    ➕
    GILLIGAN, Bridie Isabel appointed
    director
  20. 2024-10-15
    ➕
    GILLIGAN, Patrick Joseph appointed
    director
  21. 2024-10-15
    ➖
    GILLIGAN, Andrew resigned
    director
  22. 2024-10-15
    ➖
    GILLIGAN, Tracey Ann resigned
    director
  23. 2024-10-11
    📄
    capital-allotment-shares
    capital · SH01
  24. 2023-11-22
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  25. 2023-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  26. 2023-06-30
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  27. 2022-12-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  28. 2022-10-19
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  29. 2021-02-24
    🔓
    Charge satisfied #1
  30. 2021-02-16
    🔒
    Charge registered #2
    Lender: Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank)
  31. 2019-11-30
    ➖
    MADELEY, Denise resigned
    director
  32. 2016-11-17
    ➖
    HURST, Graham resigned
    director
  33. 2014-02-03
    ➕
    HURST, Graham appointed
    director
  34. 2014-02-03
    ➕
    MADELEY, Denise appointed
    director
  35. 2013-07-12
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  36. 2012-09-14
    🏢
    Company incorporated
    As A D MODULAR LIMITED
  37. 2012-09-14
    ➕
    GILLIGAN, Andrew appointed
    director
  38. 2012-09-14
    ➕
    GILLIGAN, Tracey Ann appointed
    director

Owner dependency

66/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 med ·
3 new charges in last 12 months
medium

Heavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.

Evidence: 2026-04-30: A registered charge; 2026-04-30: A registered charge; 2025-05-28: A registered charge

Group structure

Bps Building Solutions Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Bps Building Solutions Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
A D MODULAR LIMITED
This company · 08215558

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Bps Building Solutions Limited
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control15/10/2024
2 historic (ceased) PSCs
  • Mr Andrew Gilliganceased 15/10/2024· 25-50% shares · 25-50% voting
  • Mrs Tracey Ann Gilliganceased 15/10/2024· 25-50% shares · 25-50% voting

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 · CW postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
90 DEGREE DEVELOPMENTS LTD→
13747951 · est 2021 · no financials extracted
————4y——
90 DEGREES (STAFFORD) LTD→
16269180 · est 2025 · no financials extracted
————1y——
A & A CONSTRUCTION (MIDDLEWICH) LIMITED→
05543970 · est 2005 · no financials extracted
————20y——
A & D COMMERCIAL SERVICES LIMITED→
06611776 · est 2008 · no financials extracted
————17y——
A AND D SANDERS BROS LIMITED→
05586970 · est 2005 · no financials extracted
————20y——
A B PLATT GROUNDWORKS LIMITED→
10389037 · est 2016 · no financials extracted
————9y——
A9 PLUMBING AND HEATING LIMITED→
08628622 · est 2013 · no financials extracted
————12y——
AA WARMER HOMES LTD→
15284761 · est 2023 · no financials extracted
————2y——
ABELONNE LIMITED→
13846971 · est 2022 · no financials extracted
————4y——
ABN HOMES LIMITED→
09299549 · est 2014 · no financials extracted
————11y——
ABODE OUTDOORS LIMITED→
10770604 · est 2017 · no financials extracted
————8y——
ABP BUILDING CONTRACTORS LTD→
16299737 · est 2025 · no financials extracted
————1y——
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
Incorporated2012-09-14
Jurisdictionengland-wales
Primary SIC43290 — Other construction installation

Registered office

2 Radway Green
Crewe
CW1 5UJ
England

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-09-28
Last: 2025-09-14

Officers (2 active · 4 resigned)

GILLIGAN, Bridie Isabel→
director · ~29y · appointed 2024-10-15
View their other companies + combined net worth →
Active
GILLIGAN, Patrick Joseph→
director · ~27y · appointed 2024-10-15
View their other companies + combined net worth →
Active
GILLIGAN, Andrew→
director · ~63y · appointed 2012-09-14 · resigned 2024-10-15
Resigned
GILLIGAN, Tracey Ann→
director · ~61y · appointed 2012-09-14 · resigned 2024-10-15
Resigned
HURST, Graham→
director · ~73y · appointed 2014-02-03 · resigned 2016-11-17
Resigned
MADELEY, Denise→
director · ~63y · appointed 2014-02-03 · resigned 2019-11-30
Resigned

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

Mortgages & charges

5
Total charges
4
Outstanding
2
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
outstanding
Lloyds Banking Group
Lloyds Bank PLC
A registered charge1 property30/04/2026—
outstanding
Lloyds Banking Group
Lloyds Bank PLC
A registered charge1 property30/04/2026—
outstanding
Virgin Money
Clydesdale Bank PLC (Trading as Virgin Money) (Company Number SC001111)
A registered charge—28/05/2025—
outstanding
Virgin Money
Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank)
A registered charge—16/02/2021—
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property12/07/201324/02/2021
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (55 total)

mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-05-06
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-04-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-31
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-17
accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2025-09-02
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-06-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-31
resolution
resolution · RESOLUTIONS
2024-10-23
resolution
resolution · RESOLUTIONS
2024-10-19
termination-director-company-with-name-termination-date
officers · TM01
2024-10-16
termination-director-company-with-name-termination-date
officers · TM01
2024-10-16
appoint-person-director-company-with-name-date
officers · AP01
2024-10-16
appoint-person-director-company-with-name-date
officers · AP01
2024-10-16
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-10-16
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-10-16