ADDRY HOMES LTD

💤Zombieactive
08877553 · ltd · incorporated 2014-02-05
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
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Turnover
year to Feb 2025
Net worth
£15.0k
book net assets
Opportunity
78/100
Strong
🔔
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 78/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

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
Confirmed no charges registered
85
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
33 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
78/100Strong
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
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £15,009
Net assets shrinking
Down £7,869 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£15k
↓ 34% YoY
Current Assets
£123k
↑ 4757% YoY
Current Liabilities
£0£25k£49k£74k£98k£123kFeb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-02-282024-02-29
Total assets£15.0k£22.9k
Current assets£122.7k£2.5k
Net assets£15.0k£22.9k

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
2
filings
  • 1 confirmation-statement
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2026-02-18
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2026-02-12
    ADAMS, Claire, Dr resigned
    director
  3. 2025-11-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2025-11-20
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  5. 2025-02-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2024-11-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2023-09-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2022-11-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2021-07-07
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2020-07-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2019-07-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2018-10-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2017-11-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2017-02-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2017-02-19
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2016-11-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2014-02-05
    🏢
    Company incorporated
    As ADDRY HOMES LTD
  18. 2014-02-05
    ADAMS, Philip Antony, Dr appointed
    director
  19. 2014-02-05
    ADAMS, Claire, Dr appointed
    director

Owner dependency

83/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.

Succession & seller-readiness

68/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Dr Philip Antony Adams
Individual · British · DOB 03/1966 · age 60
2550%
25-50% shares06/04/2016
1 historic (ceased) PSC
  • Mrs Claire Anne Adamsceased 22/10/2025· 25-50% shares

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 →

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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
Incorporated2014-02-05
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Lower Floor Flat, Gables Lower Floor Flat, Gables
Fore Street
Porthleven
Cornwall
TR13 9HN
England

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-02-19
Last: 2026-02-05

Officers (1 active · 1 resigned)

ADAMS, Philip Antony, Dr
director · ~60y · appointed 2014-02-05
View their other companies + combined net worth →
Active
ADAMS, Claire, Dr
director · ~55y · appointed 2014-02-05 · resigned 2026-02-12
Resigned

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

Recent filings (33 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-18
termination-director-company-with-name-termination-date
officers · TM01
2026-02-18
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-27
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-11-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-08
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-02-08
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-14
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-12
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-07
accounts-with-accounts-type-micro-entity
accounts · AA
2021-07-07
confirmation-statement-with-updates
confirmation-statement · CS01
2021-02-23
accounts-with-accounts-type-micro-entity
accounts · AA
2020-07-14