ADMIRAL DEVELOPMENTS (ABINGDON) LTD
🏛️Establishedactive
11615545 · ltd · incorporated 2018-10-10
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 4.9y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2025
Net worth
£-119.6k
book net assets
Opportunity
79/100
Strong
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 79/100 (strong), 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 4.9y
75/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Charge age ~4.9 years — mid-life; refi window approaching.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
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
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 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
25 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
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 · FRS 105 (micro)Negative net assets
Liabilities exceed assets by £119,584
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£120k
~ YoY
Current Assets
£60k
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Total assets | £-119.6k | £-119.0k |
| Current assets | £60.0k | — |
| Net assets | £-119.6k | £-119.0k |
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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
- 2025-12-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-11-04📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-03-12📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-10-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-05-24📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2023-03-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-02-03📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-10-04📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-09-23📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-09-22📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2022-09-22📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-09-22📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-09-14📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-09-14🔓Charge satisfied #1
- 2022-09-13➕LESLIE, David John appointeddirector
- 2022-09-13➕SMART, Annaliesa appointeddirector
- 2022-09-13➖ALDWORTH, Darren John resigneddirector
- 2022-06-15📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-07-29📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-07-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-07-19🔒Charge registered #1Lender: Handelsbanken PLC
- 2020-11-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-10-10🏢Company incorporatedAs ADMIRAL DEVELOPMENTS (ABINGDON) LTD
- 2018-10-10➕ALDWORTH, Darren John appointeddirector
- 2018-10-10📄incorporation-companyincorporation · NEWINC
Owner dependency
66/100
High — earn-out structure requiredMaterial 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 58 — approaching natural succession window.
Succession & seller-readiness
46/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Group structure
Leada Properties Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Leada Properties Ltd
Corporate parent · holds 75-100% shares · board control
⬇
ADMIRAL DEVELOPMENTS (ABINGDON) LTD
This company · 11615545
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Leada Properties Ltd Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 13/09/2022 |
1 historic (ceased) PSC
- Darren Aldworthceased 13/09/2022· 75-100% shares · 75-100% voting · board control
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 · OX postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A G SCAFFOLDING (OXFORD) LTD→ 09105173 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| A H N HEATING & ELECTRICAL LTD→ 12367308 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ACORN ROOFING SERVICES LTD→ 11431335 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| AD HEATING SOLUTIONS LIMITED→ 12481229 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| ADALTA REAL (CN) LIMITED→ 13144870 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ADAMS ELECTRICAL SERVICES (OXFORD) LTD→ 15634350 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ADAMS PLUMBING AND HEATING LIMITED→ 13925551 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| ADCON (CONTRACTING) LTD→ 08825400 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| ADDERBURY ELECTRICAL SERVICES LIMITED→ 11131837 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| ADMANS AND BRYANT LIMITED→ 06625238 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| ADMIRAL HOME DEVELOPMENTS LTD→ 16252216 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ADR PRIME PAINTS LTD→ 14456601 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
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
Incorporated2018-10-10
Jurisdictionengland-wales
Primary SIC41202 — Construction of domestic buildings
Registered office
Heath Farm
19 Pigeon House Lane, Freeland
Witney
Oxfordshire
OX29 8AG
United Kingdom
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-10-23
Last: 2025-10-09
Officers (2 active · 1 resigned)
LESLIE, David John→
Activedirector · ~58y · appointed 2022-09-13
View their other companies + combined net worth →
SMART, Annaliesa→
Activedirector · ~58y · appointed 2022-09-13
View their other companies + combined net worth →
ALDWORTH, Darren John→
Resigneddirector · ~55y · appointed 2018-10-10 · resigned 2022-09-13
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
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Handelsbanken Handelsbanken PLC | A registered charge | 1 property | 19/07/2021 | 14/09/2022 |
Recent filings (25 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-20
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-16
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-03-12
accounts-with-accounts-type-micro-entity
accounts · AA
2023-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-16
change-account-reference-date-company-current-shortened
accounts · AA01
2023-05-24
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-02-03
confirmation-statement-with-updates
confirmation-statement · CS01
2022-12-12
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-10-04
termination-director-company-with-name-termination-date
officers · TM01
2022-09-23
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2022-09-22
appoint-person-director-company-with-name-date
officers · AP01
2022-09-22