AD CARE PROPERTIES LIMITED

💤Zombieactive
11809237 · ltd · incorporated 2019-02-06
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
not disclosed
Net worth
book net assets
Opportunity
73/100
Strong
🔔
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Strong opportunity: property-backed borrower with strong profile and bankable structure.

Opportunity 73/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

1 live charge · oldest 7.1y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 7.1 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (60/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
1 charges (1/1 with lender, 1/1 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
8 connected companies via shared directors
69
Filing history
35 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.

Recent activity

Last 30 days
4
filings
  • 2 accounts
  • 2 other
Last 90 days
4
filings
  • 2 accounts
  • 2 other
Last 180 days
6
filings
  • 3 accounts
  • 2 other
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2026-07-09
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  2. 2026-07-09
    📄
    legacy
    accounts · PARENT_ACC
  3. 2026-07-09
    📄
    legacy
    other · AGREEMENT2
  4. 2026-07-09
    📄
    legacy
    other · GUARANTEE2
  5. 2026-03-26
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  6. 2025-01-16
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  7. 2025-01-16
    📄
    legacy
    accounts · PARENT_ACC
  8. 2025-01-16
    📄
    legacy
    other · GUARANTEE2
  9. 2025-01-16
    📄
    legacy
    other · AGREEMENT2
  10. 2024-12-30
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  11. 2024-01-08
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  12. 2024-01-08
    📄
    legacy
    accounts · PARENT_ACC
  13. 2024-01-08
    📄
    legacy
    other · GUARANTEE2
  14. 2024-01-08
    📄
    legacy
    other · AGREEMENT2
  15. 2024-01-08
    📄
    administrative-restoration-company
    restoration · RT01
  16. 2023-07-11
    📄
    gazette-dissolved-compulsory
    gazette · GAZ2
  17. 2023-04-25
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  18. 2023-01-05
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  19. 2023-01-05
    📄
    legacy
    accounts · PARENT_ACC
  20. 2023-01-05
    📄
    legacy
    other · AGREEMENT2
  21. 2023-01-05
    📄
    legacy
    other · GUARANTEE2
  22. 2019-06-03
    🔒
    Charge registered #1
    Lender: Santander UK PLC
  23. 2019-02-06
    🏢
    Company incorporated
    As AD CARE PROPERTIES LIMITED
  24. 2019-02-06
    PANGOTRA, Anshul, Dr appointed
    director

Owner dependency

80/100
Critical — business is the founder

The 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 7 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

45/100
Moderate signal

Some 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Adc Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Adc Holdings Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
AD CARE PROPERTIES LIMITED
This company · 11809237

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%
NameSharesVoting rightsNature of controlNotified
Adc Holdings Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/02/2019

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

7 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.

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Company details

Statusactive
Typeltd
Incorporated2019-02-06
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

2nd Floor Unit 9 Gateway 1000 Whittle Way
Arlington Business Park
Stevenage
Hertfordshire
SG1 2FP
United Kingdom

Filing status

Accounts
Next due: 2026-12-29
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-14
Last: 2026-01-31

Officers (1 active · 0 resigned)

PANGOTRA, Anshul, Dr
director · ~50y · appointed 2019-02-06
View their other companies + combined net worth →
Active

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Santander
Santander UK PLC
A registered charge2 properties03/06/2019
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (35 total)

accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2026-07-09
legacy
accounts · PARENT_ACC
2026-07-09
legacy
other · AGREEMENT2
2026-07-09
legacy
other · GUARANTEE2
2026-07-09
change-account-reference-date-company-previous-shortened
accounts · AA01
2026-03-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-16
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-06
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2025-01-16
legacy
accounts · PARENT_ACC
2025-01-16
legacy
other · GUARANTEE2
2025-01-16
legacy
other · AGREEMENT2
2025-01-16
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-31
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2024-01-08
legacy
accounts · PARENT_ACC
2024-01-08