ADDIES LIMITED
- · Oldest live charge 12.2y old — refinance window within 12 months
Opportunity 80/100 (exceptional), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
Refinance opportunity
2 live charges · 2 lenders · oldest 12.2y
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 12.2 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Signals from accounts
Derived from iXBRL accounts · FRS 102Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-07-31 | 2024-07-31 |
|---|---|---|
| Total assets | £802.6k | £607.3k |
| Current assets | £957.2k | £716.3k |
| Cash | £626.6k | £488.7k |
| Debtors | £275.9k | £166.3k |
| Net assets | £767.5k | £565.7k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 accounts
- • 1 accounts
- • 1 confirmation-statement
Corporate timeline (24 events)Click to expand
- 2026-03-20📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-04-22📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-04-22📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-02-14📄change-person-director-company-with-change-dateofficers · CH01
- 2023-06-13📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-06-12📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-03-26📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-04-25📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-03-03📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-11-13📄capital-return-purchase-own-sharescapital · SH03
- 2020-11-12📄capital-cancellation-sharescapital · SH06
- 2020-10-05📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-05-06📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-05-01➖JONES, John Richard Timothy resigneddirector
- 2020-04-09📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-01-31➕ROSTRON, Diane Julie appointeddirector
- 2019-04-12📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-04-13📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2016-07-07🔓Charge satisfied #1
- 2015-10-19🔒Charge registered #2Lender: Svenska Handelsbanken Ab (Publ)
- 2014-03-17🔒Charge registered #1Lender: Barclays Bank PLC
- 2013-11-27🏢Company incorporatedAs ADDIES LIMITED
- 2013-11-27➕JORGENSON, John appointeddirector
- 2013-11-27➕JONES, John Richard Timothy appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 12 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr John Jorgenson Individual · British · DOB 01/1966 · age 60 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
1 historic (ceased) PSC
- Mr John Richard Timothy Jonesceased 02/10/2020· 25-50% shares · 25-50% voting · board control
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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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 →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
Registered office
Filing status
Officers (2 active · 1 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Svenska Handelsbanken Ab (Publ) | A registered charge | — | 19/10/2015 | — | |
| satisfied | Barclays Barclays Bank PLC | A registered charge | 1 property | 17/03/2014 | 07/07/2016 |