4AD DEVELOPMENT LTD
🏛️Establishedactive
11843218 · ltd · incorporated 2019-02-23
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
£187.2k
book net assets
Opportunity
65/100
Strong
What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
PursueProperty-backed borrower. Reasonable fundamentals — worth a memo before deciding.
Opportunity 65/100 (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. 8 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
13 live charges · 8 lenders · oldest 6.1y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 6.1 years old — likely at or near maturity.
- · 8 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
Data confidence
Overall: high (80/100)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
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
46 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Opportunity Score
65/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
55
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
66
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Positive net assets
Net assets £187,159
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£187k
↑ 19% YoY
Current Assets
£12k
↓ 37% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-02-28 | 2024-02-28 |
|---|---|---|
| Total assets | £828.4k | £688.3k |
| Current assets | £12.1k | £19.3k |
| Net assets | £187.2k | £156.8k |
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
2
filings
- • 2 mortgage
Last 180 days
5
filings
- • 3 mortgage
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (38 events)Click to expand
- 2026-02-06📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-02-06📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-02-06🔒Charge registered #13Lender: Colcap Financial UK Limited
- 2026-02-06🔒Charge registered #12Lender: Colcap Financial UK Limited
- 2025-11-21📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-11-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-11-20🔒Charge registered #11Lender: Fleet Mortgages Limited
- 2024-11-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-11-22📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-11-22📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-11-22📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-11-21📄change-person-director-company-with-change-dateofficers · CH01
- 2024-11-21📄change-person-director-company-with-change-dateofficers · CH01
- 2024-11-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-10-10📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-09-26🔒Charge registered #10Lender: The Mortgage Works (UK) PLC
- 2024-09-06📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-09-06📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-09-06🔓Charge satisfied #5
- 2024-09-06🔓Charge satisfied #3
- 2023-11-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-11-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-04-28📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-04-27🔒Charge registered #9Lender: The Mortgage Works (UK) PLC
- 2022-03-21📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-03-18🔒Charge registered #8Lender: Onesavings Bank PLC Trading as Kent Reliance
- 2022-03-15📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-03-15🔒Charge registered #7Lender: Onesavings Bank PLC
- 2021-12-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-06-02🔒Charge registered #6Lender: Together Commercial Finance Limited
- 2021-06-02🔒Charge registered #5Lender: Together Commercial Finance Limited
- 2021-03-08🔒Charge registered #4Lender: Together Commercial Finance Limited
- 2021-03-08🔒Charge registered #3Lender: Together Commercial Finance Limited
- 2020-11-27🔒Charge registered #2Lender: One Savings Bank PLC
- 2020-03-11🔒Charge registered #1Lender: Charter Court Financial Services Limited
- 2019-02-23🏢Company incorporatedAs 4AD DEVELOPMENT LTD
- 2019-02-23➕COLLEY, Adam John appointeddirector
- 2019-02-23➕HOLLINS, David Leigh appointeddirector
Owner dependency
63/100
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.
- +No director turnover: Company is 7 years old with no director changes — suggests a very tight-knit founder team never broadened.
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 · 1 low3 new charges in last 12 months
mediumHeavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.
Evidence: 2026-02-06: A registered charge; 2026-02-06: A registered charge; 2025-11-20: 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.
11 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr David Leigh Hollins Individual · British · DOB 07/1972 · age 54 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 23/02/2019 |
Mr Adam Colley Individual · British · DOB 11/1988 · age 38 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 23/02/2019 |
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 →Similar companies
Active · Property · OL postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 19 LANSDOWNE MA LTD→ 15772170 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 1ST CHOICE PROPERTY SOLUTIONS LIMITED→ 11205486 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| 225 OLDHAM ROAD LIMITED→ 07193834 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| 23TEN PROPERTIES LTD→ 12615032 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 2H REAL ESTATE LIMITED→ 13045258 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 3 MAWDSLEY STREET BOLTON LIMITED→ 16970977 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 3GEN PROPERTIES LTD→ 16962602 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 42LA LTD→ 13720565 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 42ND STREET DEVELOPMENTS GROUP LIMITED→ 12897296 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 5 PILLAR INVESTMENTS LIMITED→ 15358516 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 5 RUN LIMITED→ 15137094 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 8 IP LTD→ 13607134 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
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
Incorporated2019-02-23
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate
Registered office
7 Larchfield Close
Royton
Oldham
OL2 6ZB
England
Filing status
Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-12-02
Last: 2025-11-18
Officers (2 active · 0 resigned)
COLLEY, Adam John→
Activedirector · ~38y · appointed 2019-02-23
View their other companies + combined net worth →
HOLLINS, David Leigh→
Activedirector · ~54y · appointed 2019-02-23
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
11
Outstanding
7
Active lenders
Status:Lender:13 of 13 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Colcap Financial UK Colcap Financial UK Limited | A registered charge | 1 property | 06/02/2026 | — | |
| outstanding | Colcap Financial UK Colcap Financial UK Limited | A registered charge | 1 property | 06/02/2026 | — | |
| outstanding | Fleet Mortgages Fleet Mortgages Limited | A registered charge | 1 property | 20/11/2025 | — | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 26/09/2024 | — | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 27/04/2022 | — | |
| outstanding | Kent Reliance / OSB Onesavings Bank PLC Trading as Kent Reliance | A registered charge | 1 property | 18/03/2022 | — | |
| outstanding | Onesavings Bank Onesavings Bank PLC | A registered charge | 1 property | 15/03/2022 | — | |
| outstanding | Together Money Together Commercial Finance Limited | A registered charge | 1 property | 02/06/2021 | — | |
| satisfied | Together Money Together Commercial Finance Limited | A registered charge | 1 property | 02/06/2021 | 06/09/2024 | |
| outstanding | Together Money Together Commercial Finance Limited | A registered charge | 1 property | 08/03/2021 | — | |
| satisfied | Together Money Together Commercial Finance Limited | A registered charge | 1 property | 08/03/2021 | 06/09/2024 | |
| outstanding | Kent Reliance / OSB One Savings Bank PLC | A registered charge | 1 property | 27/11/2020 | — | |
| outstanding | Precise Mortgages Charter Court Financial Services Limited | A registered charge | 1 property | 11/03/2020 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (46 total)
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-02-06
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-02-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-21
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-11-21
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-20
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-11-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-11-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-11-22
change-person-director-company-with-change-date
officers · CH01
2024-11-21
change-person-director-company-with-change-date
officers · CH01
2024-11-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-11-21
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-10-10
mortgage-satisfy-charge-full
mortgage · MR04
2024-09-06