ADAPTED DEVELOPMENTS LTD
🏛️Establishedactive
11802671 · ltd · incorporated 2019-02-01
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Feb 2025
Net worth
—
book net assets
Opportunity
68/100
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
PursueProperty-backed borrower. Reasonable fundamentals — worth a memo before deciding.
Opportunity 68/100 (strong), bankability 67/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (63/100).
🏦
Refinance opportunity
7 live charges · 5 lenders · oldest 3.4y
25/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Charge age ~3.4 years — mid-life; refi window approaching.
- · 5 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (79/100)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
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
4 officers (3 active, 4 linked, 3 with DOB)
85
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
48 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
68/100Strong
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
69
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-02-28 | 2024-02-28 |
|---|---|---|
| Average employees | 0 | 0 |
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
4
filings
- • 4 mortgage
Last 180 days
6
filings
- • 4 mortgage
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (37 events)Click to expand
- 2026-03-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-03-05🔒Charge registered #7Lender: Keystone Property Finance Limited
- 2026-03-04📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-03-04📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-03-04🔓Charge satisfied #4
- 2026-03-04🔓Charge satisfied #3
- 2026-03-03📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-02-27🔒Charge registered #6Lender: Hampshire Trust Bank PLC
- 2025-11-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-11-13📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-11-13📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-11-11➖MCMILLAN, James Anthony resigneddirector
- 2025-11-10📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-11-07🔒Charge registered #5Lender: Norwest Finance Group LTD
- 2025-11-03📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-11-03📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-11-03🔓Charge satisfied #2
- 2025-11-03🔓Charge satisfied #1
- 2025-04-16📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-04-16📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-03-28📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-03-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-03-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-02-28🔒Charge registered #4Lender: Lendinvest Security Trustees Limited
- 2025-02-28🔒Charge registered #3Lender: Lendinvest Security Trustees Limited
- 2024-11-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-11-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-05-19📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-05-19📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-12-29📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-12-21🔒Charge registered #2Lender: Fern Trading Group Limited
- 2022-12-19🔒Charge registered #1Lender: Fern Trading Group Limited
- 2022-03-14➕BENNETT, Anthony Raymond appointeddirector
- 2019-03-01➕BOOTH, Andrew appointeddirector
- 2019-02-01🏢Company incorporatedAs ADAPTED DEVELOPMENTS LTD
- 2019-02-01➕MCMILLAN, James Anthony appointedsecretary
- 2019-02-01➕MCMILLAN, James Anthony appointeddirector
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
2 med ·3 new charges in last 12 months
mediumHeavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.
Evidence: 2026-03-05: A registered charge; 2026-02-27: A registered charge; 2025-11-07: A registered charge
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Anthony Raymond Bennett Individual · British · DOB 08/1979 · age 47 | 25–50% | — | 25-50% shares | 16/04/2025 |
Mr Andrew Booth Individual · British · DOB 12/1980 · age 46 | 25–50% | — | board control25-50% shares · board control | 23/06/2021 |
1 historic (ceased) PSC
- Mr James Anthony Mcmillanceased 11/11/2025· 25-50% shares · 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 · Property · HG postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 16 FAWCETT STREET MANAGEMENT COMPANY LIMITED→ 04959118 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| 21 VICTORIA AVENUE HARROGATE LIMITED→ 11797567 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| 28 LOWER SLOANE STREET LIMITED→ 05428582 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| 29 PARK DRIVE LIMITED→ 15362591 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 3D PROPERTY & DEVELOPMENTS LTD→ 12761015 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| A FOSTER PROPERTIES LIMITED→ 07363278 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| AB&J PROPERTIES LTD→ 12833187 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ABACUS DIRECT PROPERTIES LIMITED→ 10135038 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ABBEY WHARFE (SELBY) MANAGEMENT COMPANY LIMITED→ 05593046 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| ACORN PROPERTY ENTERPRISES LTD→ 11816811 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| ADAM PROPERTY LIMITED→ 10040283 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| ADM PROPERTY SOLUTIONS LTD→ 13164731 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
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
Incorporated2019-02-01
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate
Registered office
15 Market Place
Knaresborough
HG5 8AL
England
Filing status
Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-01-23
Last: 2026-01-09
Officers (3 active · 1 resigned)
MCMILLAN, James Anthony→
Activesecretary · appointed 2019-02-01
View their other companies + combined net worth →
BENNETT, Anthony Raymond→
Activedirector · ~47y · appointed 2022-03-14
View their other companies + combined net worth →
BOOTH, Andrew→
Activedirector · ~46y · appointed 2019-03-01
View their other companies + combined net worth →
MCMILLAN, James Anthony→
Resigneddirector · ~48y · appointed 2019-02-01 · resigned 2025-11-11
Click a director name to see their full track record across all companies.
Mortgages & charges
7
Total charges
3
Outstanding
3
Active lenders
Status:Lender:7 of 7 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Keystone Property Finance Keystone Property Finance Limited | A registered charge | 1 property | 05/03/2026 | — | |
| outstanding | Hampshire Trust Bank Hampshire Trust Bank PLC | A registered charge | 1 property | 27/02/2026 | — | |
| outstanding | Norwest Finance Group Norwest Finance Group LTD | A registered charge | 1 property | 07/11/2025 | — | |
| satisfied | LendInvest Lendinvest Security Trustees Limited | A registered charge | 1 property | 28/02/2025 | 04/03/2026 | |
| satisfied | LendInvest Lendinvest Security Trustees Limited | A registered charge | 1 property | 28/02/2025 | 04/03/2026 | |
| satisfied | Fern Trading Group Fern Trading Group Limited | A registered charge | 1 property | 21/12/2022 | 03/11/2025 | |
| satisfied | Fern Trading Group Fern Trading Group Limited | A registered charge | 3 properties | 19/12/2022 | 03/11/2025 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (48 total)
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-03-05
mortgage-satisfy-charge-full
mortgage · MR04
2026-03-04
mortgage-satisfy-charge-full
mortgage · MR04
2026-03-04
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-03-03
confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-28
confirmation-statement-with-updates
confirmation-statement · CS01
2025-11-13
termination-director-company-with-name-termination-date
officers · TM01
2025-11-13
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-11-13
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-11-10
mortgage-satisfy-charge-full
mortgage · MR04
2025-11-03
mortgage-satisfy-charge-full
mortgage · MR04
2025-11-03
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-16
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-04-16
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-04-16