AD PROPERTY ACQUISITION LTD.
💤Zombieactive
10975344 · ltd · incorporated 2017-09-21
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 Sept 2024
Net worth
£-6.9k
book net assets
Opportunity
73/100
Strong
What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
ALSO REGISTERED FOR
- 68209Other letting and operating of own or leased real estate
Investor take
Pass (distressed without resilience)Distressed property-backed borrower — structural issues outweigh the discount.
Opportunity 73/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: distressed disposal / insolvency (65/100).
🏦
Refinance opportunity
4 live charges · 3 lenders · oldest 6.5y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 6.5 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
4 charges (4/4 with lender, 4/4 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
Network not yet resolved
30
Filing history
25 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Negative net assets
Liabilities exceed assets by £6,926
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£7k
↓ 36% YoY
Current Assets
£2k
↑ 12% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2024-09-30 | 2023-09-30 |
|---|---|---|
| Total assets | £127.0k | £129.3k |
| Current assets | £2.2k | £1.9k |
| Net assets | £-6.9k | £-5.1k |
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
0
filings
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
- 2025-06-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-06-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-09-18📄change-person-director-company-with-change-dateofficers · CH01
- 2023-09-18📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-06-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-03-08📄memorandum-articlesincorporation · MA
- 2023-03-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-03-03🔒Charge registered #4Lender: The Mortgage Works (UK) PLC
- 2022-07-26📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-07-26🔒Charge registered #3Lender: The Mortgage Works (UK) PLC
- 2022-06-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-06-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-01-27📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-01-22🔒Charge registered #2Lender: Aldermore Bank PLC
- 2020-06-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-12-12📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-12-12🔒Charge registered #1Lender: Precise Mortgages
- 2019-12-10📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-05-07📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-05-06📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2017-09-21🏢Company incorporatedAs AD PROPERTY ACQUISITION LTD.
- 2017-09-21➕GHUNDOO, Amy appointeddirector
- 2017-09-21📄incorporation-companyincorporation · NEWINC
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 9 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
cleanNo 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 · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Ms Amy Ghundoo Individual · British · DOB 11/1982 · age 44 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 21/09/2017 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
| 13 THORNHILL PARK SUNDERLAND LIMITED→ 10500999 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| 18 AND 20 THE BRIARS FREEHOLD LIMITED→ 13165800 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| 24 UPPER PARK ROAD LIMITED→ 14700904 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| 42 - 47 HIGHGATE MANAGEMENT COMPANY LIMITED→ 05570050 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| 65 VOICES LTD→ 11277759 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| AAAAP PROPERTIES LTD→ 16362814 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AANMDESIGNS LTD→ 16858369 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AARJEN INVESTMENTS LIMITED→ 16353133 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ACORN HOMESTAYS LTD→ 15420953 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ACORN RESIDENTIAL ESTATES (NORTH TYNE) LIMITED→ 04370421 · est 2002 · no financials extracted | — | — | — | — | 24y | — | — |
| ACPP LTD→ 13518592 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| AD PROPERTY LETTING LTD→ 15952771 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2017-09-21
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate
Registered office
6 West Grange
Sunderland
SR5 1NT
England
Filing status
Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-10-02
Last: 2025-09-18
Officers (1 active · 0 resigned)
GHUNDOO, Amy→
Activedirector · ~44y · appointed 2017-09-21
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
4
Outstanding
3
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 03/03/2023 | — | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 26/07/2022 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 22/01/2021 | — | |
| outstanding | Precise Mortgages | A registered charge | 1 property | 12/12/2019 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (25 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-29
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-25
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-24
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-18
change-person-director-company-with-change-date
officers · CH01
2023-09-18
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-09-18
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-29
memorandum-articles
incorporation · MA
2023-03-08
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-03-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-29
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-07-26
accounts-with-accounts-type-micro-entity
accounts · AA
2022-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-05
accounts-with-accounts-type-micro-entity
accounts · AA
2021-06-30