ACADEMY DEVELOPMENTS LTD

💤Zombieactive
09412385 · ltd · incorporated 2015-01-29
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
—
Upgrade to see
Turnover
—
year to Jan 2025
Net worth
£-173.2k
book net assets
Opportunity
72/100
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: Construction of domestic buildings
Sector: Construction
ALSO REGISTERED FOR
  • 68100Buying and selling of own real estate
  • 68209Other letting and operating of own or leased real estate
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 72/100 (strong), bankability 57/100. Strong seller-intent signal (68/100, director aged 68). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 9 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

21 live charges · 9 lenders · oldest 10.9y

15/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 10.9 years old — likely at or near maturity.
  • · 9 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (81/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 3 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
21 charges (21/21 with lender, 21/21 with type)
90
Directors & officers
3 officers (1 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
9 connected companies via shared directors
72
Filing history
60 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
71
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £173,194
Cash draining
Cash down 82% YoY
Cash YoY
-82%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£2k
↓ 82% YoY
Net Worth
-£173k
↑ 32% YoY
Current Assets
£4k
↓ 72% YoY
Current Liabilities
—
-£254k-£201k-£147k-£94k-£40k£14kJan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-01-312024-01-31
Total assets£2.57M£2.49M
Current assets£3.8k£13.6k
Cash£2.1k£11.7k
Debtors£1.7k£1.8k
Net assets£-173.2k£-254.3k

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
1
filing
  • • 1 address
Last 90 days
1
filing
  • • 1 address
Last 180 days
3
filings
  • • 2 address
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (51 events)Click to expand
  1. 2026-07-10
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2026-01-28
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2026-01-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2026-01-09
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  5. 2026-01-01
    🔒
    Charge registered #21
    Lender: Tøj London Limited
  6. 2025-12-06
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  7. 2025-12-01
    🔒
    Charge registered #20
    Lender: T0J London Limited
  8. 2025-11-08
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  9. 2025-11-04
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  10. 2025-05-14
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2024-10-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2024-09-04
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  13. 2024-09-02
    🔒
    Charge registered #19
    Lender: Lendhub Limited
  14. 2024-01-10
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  15. 2024-01-10
    🔓
    Charge satisfied #6
  16. 2023-12-20
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  17. 2023-12-20
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  18. 2023-12-20
    🔒
    Charge registered #18
    Lender: Vector Business Finance Limited
  19. 2023-12-20
    🔒
    Charge registered #17
    Lender: Vector Business Finance Limited
  20. 2023-08-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2022-05-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2021-08-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  23. 2020-07-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  24. 2019-10-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  25. 2018-07-25
    🔒
    Charge registered #16
    Lender: Onesavings Bank PLC
  26. 2018-07-25
    🔒
    Charge registered #15
    Lender: Onesavings Bank PLC
  27. 2018-07-25
    🔒
    Charge registered #14
    Lender: Onesavings Bank PLC
  28. 2018-07-25
    🔒
    Charge registered #13
    Lender: Onesavings Bank PLC
  29. 2018-07-25
    🔒
    Charge registered #12
    Lender: Onesavings Bank PLC
  30. 2018-07-25
    🔒
    Charge registered #11
    Lender: Onesavings Bank PLC
  31. 2018-07-25
    🔒
    Charge registered #10
    Lender: Onesavings Bank PLC
  32. 2018-07-25
    🔒
    Charge registered #9
    Lender: Onesavings Bank PLC
  33. 2018-07-25
    🔒
    Charge registered #8
    Lender: Onesavings Bank PLC
  34. 2018-07-17
    🔓
    Charge satisfied #5
  35. 2018-07-17
    🔓
    Charge satisfied #4
  36. 2018-07-17
    🔓
    Charge satisfied #3
  37. 2018-07-17
    🔓
    Charge satisfied #2
  38. 2018-07-17
    🔓
    Charge satisfied #1
  39. 2017-09-25
    🔒
    Charge registered #7
    Lender: Charter Court Financial Services Limited
  40. 2017-06-23
    🔒
    Charge registered #6
    Lender: Stephen Peter Desborough
  41. 2016-11-01
    🔒
    Charge registered #5
    Lender: Secure Trust Bank PLC
  42. 2016-01-15
    🔒
    Charge registered #4
    Lender: Aldermore Bank PLC
  43. 2016-01-15
    🔒
    Charge registered #3
    Lender: Aldermore Bank PLC
  44. 2015-08-14
    🔒
    Charge registered #2
    Lender: Secure Trust Bank PLC
  45. 2015-08-14
    🔒
    Charge registered #1
    Lender: Secure Trust Bank PLC
  46. 2015-03-16
    ➕
    FORTUNE, John Junior appointed
    director
  47. 2015-03-16
    ➖
    KONDEL, Harpreet resigned
    secretary
  48. 2015-03-16
    ➖
    KONDEL, Harpreet Kaur resigned
    director
  49. 2015-01-29
    🏢
    Company incorporated
    As ACADEMY DEVELOPMENTS LTD
  50. 2015-01-29
    ➕
    KONDEL, Harpreet appointed
    secretary
Showing most recent 50 of 51 events

Owner dependency

90/100
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.
  • +Founder age: Director aged approximately 68 — succession pressure is live.

Succession & seller-readiness

70/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 med · 2 low
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

15 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr John Junior Fortune
Individual · British · DOB 06/1958 · age 68
75–100%
—75-100% shares06/04/2016

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 · Construction · EC postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
A&L HEATING LTD→
16051224 · est 2024 · no financials extracted
————1y——
ALCIS GROUP LTD→
14934461 · est 2023 · no financials extracted
————2y——
ALDERSTONE KITCHENS LIMITED→
16441164 · est 2025 · no financials extracted
———————
ALDWYCH NOMINEES LIMITED→
02446027 · est 1989 · no financials extracted
————36y——
ALEXANDER PATERSON LIMITED→
14588305 · est 2023 · no financials extracted
————3y——
ALEXTONE LIMITED→
12260294 · est 2019 · no financials extracted
————6y——
ALFA QUALITY CONSTRUCTION LTD→
15963396 · est 2024 · no financials extracted
————1y——
ALGAIN LIMITED→
09955393 · est 2016 · no financials extracted
————10y——
ALI ENERGY GRANTS LIMITED→
16269517 · est 2025 · no financials extracted
————1y——
ALI ZAFAR PROPERTY GROUP LIMITED→
17008088 · est 2026 · no financials extracted
———————
ALI: BUILD CARPENTRY & DESIGN LTD→
16460741 · est 2025 · no financials extracted
———————
ALIANZA DEVELOPMENTS LTD→
15460939 · est 2024 · no financials extracted
————2y——
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

10 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
Incorporated2015-01-29
Jurisdictionengland-wales
Primary SIC41202 — Construction of domestic buildings

Registered office

C/O Evergreen
65 London Wall
London
EC2M 5TU
England

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-08-31
Last: 2025-08-17

Officers (1 active · 2 resigned)

FORTUNE, John Junior→
director · ~68y · appointed 2015-03-16
View their other companies + combined net worth →
Active
KONDEL, Harpreet→
secretary · appointed 2015-01-29 · resigned 2015-03-16
Resigned
KONDEL, Harpreet Kaur→
director · ~57y · appointed 2015-01-29 · resigned 2015-03-16
Resigned

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

Mortgages & charges

21
Total charges
15
Outstanding
6
Active lenders
Status:Lender:21 of 21 shown
TypeProperties
outstanding
Tøj London
Tøj London Limited
A registered charge1 property01/01/2026—
outstanding
T0J London
T0J London Limited
A registered charge1 property01/12/2025—
outstanding
Lendhub
Lendhub Limited
A registered charge1 property02/09/2024—
outstanding
Vector Business Finance
Vector Business Finance Limited
A registered charge16 properties20/12/2023—
outstanding
Vector Business Finance
Vector Business Finance Limited
A registered charge16 properties20/12/2023—
outstanding
Onesavings Bank
Onesavings Bank PLC
A registered charge1 property25/07/2018—
outstanding
Onesavings Bank
Onesavings Bank PLC
A registered charge1 property25/07/2018—
outstanding
Onesavings Bank
Onesavings Bank PLC
A registered charge1 property25/07/2018—
outstanding
Onesavings Bank
Onesavings Bank PLC
A registered charge1 property25/07/2018—
outstanding
Onesavings Bank
Onesavings Bank PLC
A registered charge1 property25/07/2018—
outstanding
Onesavings Bank
Onesavings Bank PLC
A registered charge1 property25/07/2018—
outstanding
Onesavings Bank
Onesavings Bank PLC
A registered charge1 property25/07/2018—
outstanding
Onesavings Bank
Onesavings Bank PLC
A registered charge1 property25/07/2018—
outstanding
Onesavings Bank
Onesavings Bank PLC
A registered charge1 property25/07/2018—
outstanding
Precise Mortgages
Charter Court Financial Services Limited
A registered charge1 property25/09/2017—
satisfied
Stephen Peter Desborough
A registered charge1 property23/06/201710/01/2024
satisfied
Secure Trust Bank
Secure Trust Bank PLC
A registered charge1 property01/11/201617/07/2018
satisfied
Aldermore
Aldermore Bank PLC
A registered charge5 properties15/01/201617/07/2018
satisfied
Aldermore
Aldermore Bank PLC
A registered charge1 property15/01/201617/07/2018
satisfied
Secure Trust Bank
Secure Trust Bank PLC
A registered charge1 property14/08/201517/07/2018
satisfied
Secure Trust Bank
Secure Trust Bank PLC
A registered charge—14/08/201517/07/2018
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (60 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-07-10
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-01-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-26
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-01-09
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-06
gazette-filings-brought-up-to-date
gazette · DISS40
2025-11-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-06
gazette-notice-compulsory
gazette · GAZ1
2025-11-04
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-05-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-23
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-09-04
mortgage-satisfy-charge-full
mortgage · MR04
2024-01-10
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-12-20
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-12-20