ADMIRALS PLACE LTD
Opportunity 74/100 (strong), bankability 67/100. 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 4.2y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Charge age ~4.2 years — mid-life; refi window approaching.
- · 3 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £182.3k | £115.6k |
| Current assets | £220.1k | £163.2k |
| Cash | — | £7.7k |
| Net assets | £-28.0k | £-24.1k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 confirmation-statement
Corporate timeline (25 events)Click to expand
- 2025-09-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-09-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-20📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-03-13🔒Charge registered #4Lender: Chl Mortgages for Intermediaries Limited
- 2023-08-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-03-31📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-03-31📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-03-31🔓Charge satisfied #1
- 2023-03-30🔒Charge registered #3Lender: Tsb Bank PLC
- 2023-03-21📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-03-14🔒Charge registered #2Lender: Tsb Bank PLC
- 2022-06-22📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2022-06-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-03-31📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-03-29🔒Charge registered #1Lender: Exeter Finance 2 Limited
- 2021-07-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-11-20📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-12-12📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2019-12-12📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-12-02📄resolutionresolution · RESOLUTIONS
- 2019-11-28➖ASH, Robert Timonthy resigneddirector
- 2019-02-27🏢Company incorporatedAs ADMIRALS PLACE LTD
- 2019-02-27➕DORMAN, James Edward appointeddirector
- 2019-02-27➕ASH, Robert Timonthy appointeddirector
- 2019-02-27📄incorporation-companyincorporation · NEWINC
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanGroup structure
Momentum The Property Trading Company Limited holds 25-50% — a significant corporate investor but not a controlling parent.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Momentum The Property Trading Company Limited Corporate entity | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 27/02/2019 |
1 historic (ceased) PSC
- Rockbed South West Limitedceased 28/11/2019· 25-50% shares · 25-50% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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|---|---|---|---|---|---|---|---|
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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 →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
Registered office
Filing status
Officers (1 active · 1 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Chl Mortgages for Intermediaries Chl Mortgages for Intermediaries Limited | A registered charge | 1 property | 13/03/2024 | — | |
| outstanding | Lloyds Banking Group Tsb Bank PLC | A registered charge | 1 property | 30/03/2023 | — | |
| outstanding | Lloyds Banking Group Tsb Bank PLC | A registered charge | 1 property | 14/03/2023 | — | |
| satisfied | Exeter Finance 2 Exeter Finance 2 Limited | A registered charge | 1 property | 29/03/2022 | 31/03/2023 |