ADD+LIGHT LIMITED

🌳Matureactive

09136826 · ltd · incorporated 2014-07-18

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 Jul 2024

Net worth

£-21.0k

book net assets

Opportunity

79/100

Strong

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What this business does

Primary activity: Other specialised construction activities n.e.c.

Sector: Construction

ALSO REGISTERED FOR

47990Other retail sale not in stores, stalls or markets
74100Specialised design activities
81100SIC 81100

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

Opportunity 79/100 (strong), 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).

Data confidence

Overall: medium (72/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile

address, 4 SIC codes, incorporation date

100

Financials

1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

2 officers (2 active, 2 linked, 2 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

2 connected companies via shared directors

Filing history

24 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

79/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)

Negative net assets

Liabilities exceed assets by £21,042

Key financials

1 year extracted from filed iXBRL accounts

Cash

—

Net Worth

-£21k

Current Assets

£5k

Current Liabilities

—

Financials

Extracted from Companies House accounts · FRS 105 (micro)

Metric	2024-07-31
Total assets	£-21.0k
Current assets	£5.2k
Net assets	£-21.0k

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

filing

• 1 accounts

Last 90 days

filing

• 1 accounts

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (17 events)Click to expand

2026-05-26
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-25
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-04-18
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-08
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-04-27
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-03-26
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-04-25
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-04-27
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-04-27
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-04-14
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-10-09
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-10-09
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2014-07-18
🏢
Company incorporated
As ADD+LIGHT LIMITED
2014-07-18
➕
LENNOX, Graeme Bruce appointed
director
2014-07-18
➕
LENNOX, Katy appointed
director
2014-07-18
📄
incorporation-company
incorporation · NEWINC

Owner dependency

79/100

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.
+Senior director age: Director aged approximately 63 — approaching natural succession window.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
+No director turnover: Company is 12 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

61/100

Strong succession signal

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

SIGNALS

primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
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

Name	Shares	Voting rights	Nature of control	Notified
Mr Graeme Bruce Lennox Individual · British · DOB 04/1964 · age 62	—	—	sig. influencesignificant influence	01/07/2016

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.

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ACR BUILD LTD→ 04957107 · est 2003 · no financials extracted	—	—	—	—	22y	—	—
ACR TRAFFIC MANAGEMENT LTD→ 15307710 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
ADAPTION SERVICES LIMITED→ 09954807 · est 2016 · no financials extracted	—	—	—	—	10y	—	—
ADBROOK FIRE PROTECTION LTD→ 16941216 · est 2026 · no financials extracted	—	—	—	—	—	—	—
ADI BUILDING SERVICES LTD→ 11029737 · est 2017 · no financials extracted	—	—	—	—	8y	—	—
ADL ELECTRICS LIMITED→ 15742125 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
ADVANCED DRAINAGE SOLUTIONS LIMITED→ 05681686 · est 2006 · no financials extracted	—	—	—	—	20y	—	—
ADVANTAGE ITECH LTD→ 13990677 · est 2022 · no financials extracted	—	—	—	—	4y	—	—

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

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 →

🔒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.

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Company details

Statusactive

Typeltd

Incorporated2014-07-18

Jurisdictionengland-wales

Primary SIC43999 — Other specialised construction activities n.e.c.

Registered office

The Barn

12a High Street

Wheathampstead

Herts

AL4 8AA

Filing status

Accounts

Next due: 2027-04-30

Last made up to: 2025-07-31

Confirmation statement

Next due: 2026-08-01

Last: 2025-07-18

Officers (2 active · 0 resigned)

LENNOX, Graeme Bruce→

director · ~62y · appointed 2014-07-18

View their other companies + combined net worth →

Active

LENNOX, Katy→

director · ~63y · appointed 2014-07-18

View their other companies + combined net worth →

Active

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