ABERYSTWYTH DEVELOPMENTS LIMITED
💤Zombieactive
10168195 · ltd · incorporated 2016-05-07
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 May 2024
Net worth
£1.60M
book net assets
Opportunity
58/100
Worth a look
What this business does
Primary activity: Hotels and similar accommodation
Sector: Accommodation & food service
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 58/100 (worth a look), bankability 37/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100).
🏦
Refinance opportunity
13 live charges · 6 lenders · oldest 9.8y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 9.8 years old — likely at or near maturity.
- · 6 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, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
13 charges (13/13 with lender, 13/13 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
44 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
58/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
45
Concerning — overdue filings or status flags present.
Acquirability
50
Some acquirability indicators.
Risk profile
56
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £1,595,309
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£1.6m
↑ 2.1% YoY
Current Assets
£1.1m
↑ 4967% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-05-31 | 2023-05-31 |
|---|---|---|
| Total assets | £4.17M | £4.15M |
| Current assets | £1.08M | £21.2k |
| Net assets | £1.60M | £1.56M |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
3
filings
- • 2 mortgage
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (42 events)Click to expand
- 2025-12-18📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-12-18📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-12-05🔒Charge registered #13Lender: David Stephen Wood Janice Wood and Kusum Tandon as Trustees of the Jks Pension Scheme
- 2025-12-05🔒Charge registered #12Lender: David Stephen Wood Janice Wood and Kusum Tandon as Trustees of the Jks Pension Scheme
- 2025-02-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-11-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-11-04🔒Charge registered #11Lender: David Stephen Wood, Janice Wood and Kusum Tandon Trustees of the J K S Pension Scheme
- 2024-08-22📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-08-22📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-08-13🔒Charge registered #10Lender: David Stephen Wood, Janice Wood and Kusum Tandon, Trustees of the J K S Pension Scheme
- 2024-08-13🔒Charge registered #9Lender: David Stephen Wood, Janice Wood and Kusum Tandon, Trustees of the J K S Pension Scheme
- 2024-02-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-02-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-02-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-02-23🔓Charge satisfied #3
- 2024-02-23🔓Charge satisfied #2
- 2024-02-20📄mortgage-charge-part-both-with-charge-numbermortgage · MR05
- 2024-02-20📄mortgage-charge-part-both-with-charge-numbermortgage · MR05
- 2024-02-20📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-02-20📄mortgage-charge-part-both-with-charge-numbermortgage · MR05
- 2024-02-20📄mortgage-charge-part-both-with-charge-numbermortgage · MR05
- 2024-02-20📄mortgage-charge-part-both-with-charge-numbermortgage · MR05
- 2024-02-20📄mortgage-charge-part-both-with-charge-numbermortgage · MR05
- 2024-02-20📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-02-20📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-02-20🔓Charge satisfied #6
- 2024-02-20🔓Charge satisfied #5
- 2024-02-20🔓Charge satisfied #4
- 2024-02-06📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-02-02🔒Charge registered #8Lender: Castle Trust Capital PLC
- 2023-02-28📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-10-15📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-10-05🔒Charge registered #7Lender: David Stephen Wood, Janice Wood and Kusum Tandon Trustees of the J K S Pension Scheme
- 2019-09-05🔒Charge registered #6Lender: Lloyds Bank PLC
- 2019-09-05🔒Charge registered #5Lender: Lloyds Bank PLC
- 2017-10-21🔓Charge satisfied #1
- 2017-10-20🔒Charge registered #4Lender: Lloyds Bank PLC
- 2017-10-17🔒Charge registered #3Lender: Lloyds Bank PLC
- 2017-10-17🔒Charge registered #2Lender: Lloyds Bank PLC
- 2016-07-29🔒Charge registered #1Lender: Kusum Tandom
- 2016-05-07🏢Company incorporatedAs ABERYSTWYTH DEVELOPMENTS LIMITED
- 2016-05-07➕DAVIES, Emyr Tudfor appointeddirector
Owner dependency
80/100
Critical — business is the founderThe 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.
- +No director turnover: Company is 10 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
45/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
1 high · 1 med · 1 lowAccounts overdue
highStatutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2026-02-28
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
7 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Emyr Tudfor Davies Individual · British · DOB 12/1971 · age 55 | 75–100% | — | 75-100% shares | 07/05/2016 |
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 · Hospitality · SY postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AAJ3 LIMITED→ 14645281 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ABERYSTWYTH PARK LODGE LTD→ 03399021 · est 1997 · no financials extracted | — | — | — | — | 28y | — | — |
| ACADEMY DISCO LIMITED→ 16104946 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ACTIVE WSO LTD→ 13980047 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| ACTIVE WSO NO1 LTD→ 13980098 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| ACTON SCOTT ENTERPRISES LTD→ 14399331 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ADE & ANNA LTD→ 16504976 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ADMIRAL BENBOW INN LTD→ 10844290 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ADMIRAL BENBOW LIMITED→ 06545028 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| ADNAN BROTHERS LTD→ 12214013 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| AFANFRYN LEISURE LTD→ 15074718 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AGACOS ENTERPRISE LTD→ 14519795 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
11 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
Incorporated2016-05-07
Jurisdictionwales
Primary SIC55100 — Hotels and similar accommodation
Registered office
Queensbridge Hotel
Victoria Terrace
Aberystwyth
SY23 2DH
Wales
Filing status
Accounts
Next due: 2026-02-28OVERDUE
Last made up to: 2024-05-31
Confirmation statement
Next due: 2027-03-17
Last: 2026-03-03
Officers (1 active · 0 resigned)
DAVIES, Emyr Tudfor→
Activedirector · ~55y · appointed 2016-05-07
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
13
Total charges
7
Outstanding
4
Active lenders
Status:Lender:13 of 13 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | David Stephen Wood Janice Wood and Kusum Tandon as Trustees of the Jks Pension Scheme | A registered charge | 1 property | 05/12/2025 | — | |
| outstanding | David Stephen Wood Janice Wood and Kusum Tandon as Trustees of the Jks Pension Scheme | A registered charge | 1 property | 05/12/2025 | — | |
| outstanding | David Stephen Wood, Janice Wood and Kusum Tandon Trustees of the J K S Pension Scheme | A registered charge | 1 property | 04/11/2024 | — | |
| outstanding | David Stephen Wood, Janice Wood and Kusum Tandon, Trustees of the J K S Pension Scheme | A registered charge | 1 property | 13/08/2024 | — | |
| outstanding | David Stephen Wood, Janice Wood and Kusum Tandon, Trustees of the J K S Pension Scheme | A registered charge | 1 property | 13/08/2024 | — | |
| outstanding | Castle Trust Capital Castle Trust Capital PLC | A registered charge | 6 properties | 02/02/2024 | — | |
| outstanding | David Stephen Wood, Janice Wood and Kusum Tandon Trustees of the J K S Pension Scheme | A registered charge | 1 property | 05/10/2022 | — | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 7 properties | 05/09/2019 | 20/02/2024 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 05/09/2019 | 20/02/2024 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 20/10/2017 | 20/02/2024 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | — | 17/10/2017 | 23/02/2024 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | — | 17/10/2017 | 23/02/2024 | |
| satisfied | Kusum Tandom / Janice Wood / David Stephen Wood | A registered charge | 1 property | 29/07/2016 | 21/10/2017 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (44 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-11
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-18
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-18
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-03
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-28
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-11-07
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-08-22
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-08-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-17
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-29
mortgage-satisfy-charge-full
mortgage · MR04
2024-02-23
mortgage-satisfy-charge-full
mortgage · MR04
2024-02-23
mortgage-charge-part-both-with-charge-number
mortgage · MR05
2024-02-20
mortgage-charge-part-both-with-charge-number
mortgage · MR05
2024-02-20
mortgage-satisfy-charge-full
mortgage · MR04
2024-02-20