ADINA DEVELOPMENTS LTD

🌳Matureactive
09792307 · ltd · incorporated 2015-09-23
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 6.4y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
£-1.61M
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: Construction of domestic buildings
Sector: Construction
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 80/100 (exceptional), bankability 85/100. 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

1 live charge · oldest 6.4y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 6.4 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (82/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
3 officers (2 active, 3 linked, 3 with DOB)
90
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
31 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
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 £1,610,345
Cash YoY
+85%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£15k
↑ 85% YoY
Net Worth
-£1.6m
↓ 4.3% YoY
Current Assets
£3.8m
~ YoY
Current Liabilities
-£1.6m-£522k£565k£1.7m£2.7m£3.8mMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£-1.61M£-1.54M
Current assets£3.83M£3.81M
Cash£15.4k£8.3k
Debtors£17.8k£16.5k
Net assets£-1.61M£-1.54M

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
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2025-12-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-06-23
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2025-06-17
    WEBBER, Mark Simon resigned
    director
  4. 2024-11-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-06-25
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2023-07-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-02-22
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  8. 2023-02-22
    🔓
    Charge satisfied #1
  9. 2022-10-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-01-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2021-01-04
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2020-08-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2020-01-13
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  15. 2019-12-31
    🔒
    Charge registered #1
    Lender: David Parkes and Pamela Parkes
  16. 2019-09-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2018-10-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2017-12-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2017-02-16
    📄
    memorandum-articles
    incorporation · MA
  20. 2015-09-23
    🏢
    Company incorporated
    As ADINA DEVELOPMENTS LTD
  21. 2015-09-23
    HESP, Paul appointed
    director
  22. 2015-09-23
    WOTTON, Ian Charles appointed
    director
  23. 2015-09-23
    WEBBER, Mark Simon 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.
  • +Senior director age: Director aged approximately 64 — approaching natural succession window.

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 64. 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
NameSharesVoting rightsNature of controlNotified
Mr Ian Charles Wotton
Individual · British · DOB 10/1962 · age 64
sig. influencesignificant influence06/04/2016

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 →

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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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2015-09-23
Jurisdictionengland-wales
Primary SIC41202 — Construction of domestic buildings

Registered office

The Sycamores
60 Leeds Road
Selby
YO8 4JQ
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-10-06
Last: 2025-09-22

Officers (2 active · 1 resigned)

HESP, Paul
director · ~63y · appointed 2015-09-23
View their other companies + combined net worth →
Active
WOTTON, Ian Charles
director · ~64y · appointed 2015-09-23
View their other companies + combined net worth →
Active
WEBBER, Mark Simon
director · ~62y · appointed 2015-09-23 · resigned 2025-06-17
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
David Parkes and Pamela Parkes
A registered charge1 property31/12/201922/02/2023

Recent filings (31 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-22
termination-director-company-with-name-termination-date
officers · TM01
2025-06-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-06-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-31
mortgage-satisfy-charge-full
mortgage · MR04
2023-02-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-23
change-person-director-company-with-change-date
officers · CH01
2021-01-04
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-01-04