ADB ESTATES LTD
🏛️Establishedactive
12254464 · ltd · incorporated 2019-10-10
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 Oct 2025
Net worth
—
book net assets
Opportunity
70/100
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
- 68320Management of real estate on a fee or contract basis
Investor take
PursueStrong opportunity: property-backed borrower with strong profile and acceptable with review structure.
Opportunity 70/100 (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. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (63/100).
🏦
Refinance opportunity
9 live charges · 3 lenders · oldest 3.8y
25/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Charge age ~3.8 years — mid-life; refi window approaching.
- · 3 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, 3 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
9 charges (9/9 with lender, 9/9 with type)
90
Directors & officers
4 officers (4 active, 4 linked, 2 with DOB)
80
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
26 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
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
82
Few red 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 · accounting standard unknown| Metric | 2025-10-31 | 2024-10-31 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals 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
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
- 2026-03-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-06-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-02-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-02-10🔒Charge registered #9Lender: Fleet Mortgages Limited
- 2025-01-21📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-01-21🔓Charge satisfied #2
- 2024-07-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-06-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-06-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-06-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-05-31🔒Charge registered #8Lender: Fleet Mortgages Limited
- 2024-05-31🔒Charge registered #7Lender: Fleet Mortgages Limited
- 2024-05-31🔒Charge registered #6Lender: Fleet Mortgages Limited
- 2023-12-18📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-12-18📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-12-18📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-12-15🔒Charge registered #5Lender: Fleet Mortgages Limited
- 2023-12-15🔒Charge registered #4Lender: Fleet Mortgages Limited
- 2023-12-15🔒Charge registered #3Lender: Fleet Mortgages Limited
- 2023-07-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-04-03📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-03-30🔒Charge registered #2Lender: Kseye Capital Holdings Limited
- 2022-09-28📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-09-26🔒Charge registered #1Lender: Charter Court Financial Services Limited Trading as Precise Mortgages
- 2022-06-28📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-09-15📄gazette-filings-brought-up-to-dategazette · DISS40
- 2021-09-14📄gazette-notice-compulsorygazette · GAZ1
- 2021-09-09📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-10-10🏢Company incorporatedAs ADB ESTATES LTD
- 2019-10-10➕BARNARD, Lee appointedsecretary
- 2019-10-10➕BARNARD, Tonya appointedsecretary
- 2019-10-10➕BARNARD, Lee appointeddirector
- 2019-10-10➕BARNARD, Tonya appointeddirector
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.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
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
1 low8 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 Lee Barnard Individual · British · DOB 07/1984 · age 42 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 10/10/2019 |
Mrs Tonya Barnard Individual · British · DOB 11/1986 · age 40 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 10/10/2019 |
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 · CM postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AAOA REAL ESTATE LTD→ 16440173 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ABRAHAMS REAL PROPERTY (LONDON) LIMITED→ 08586651 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| ACKLANE INVESTMENTS LTD.→ 03112909 · est 1995 · no financials extracted | — | — | — | — | 30y | — | — |
| ACRO PROPERTIES LIMITED→ 12519788 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| AD PROPERTY 5 LIMITED→ 16951057 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ADAM REAL ESTATE DEVELOPMENT LTD→ 15559649 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ADAMS & CULLEN INVESTMENTS LTD→ 16550570 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ADBELIS LTD→ 15375033 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ADEN HOMES PROPERTIES LIMITED→ 08646610 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| ADENUGA PROPERTIES LTD→ 14618747 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ADESHANU LTD→ 11015999 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ADESHANU PROPERTY LTD→ 11854219 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
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.
See pricing →Company details
Statusactive
Typeltd
Incorporated2019-10-10
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate
Registered office
40 Maltese Road
Chelmsford
Essex
CM1 2PA
United Kingdom
Filing status
Accounts
Next due: 2027-07-31
Last made up to: 2025-10-31
Confirmation statement
Next due: 2027-04-28
Last: 2026-04-14
Officers (4 active · 0 resigned)
Active
Active
BARNARD, Lee→
Activedirector · ~42y · appointed 2019-10-10
View their other companies + combined net worth →
BARNARD, Tonya→
Activedirector · ~40y · appointed 2019-10-10
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
9
Total charges
8
Outstanding
2
Active lenders
Status:Lender:9 of 9 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Fleet Mortgages Fleet Mortgages Limited | A registered charge | 2 properties | 10/02/2025 | — | |
| outstanding | Fleet Mortgages Fleet Mortgages Limited | A registered charge | 1 property | 31/05/2024 | — | |
| outstanding | Fleet Mortgages Fleet Mortgages Limited | A registered charge | 1 property | 31/05/2024 | — | |
| outstanding | Fleet Mortgages Fleet Mortgages Limited | A registered charge | 1 property | 31/05/2024 | — | |
| outstanding | Fleet Mortgages Fleet Mortgages Limited | A registered charge | 1 property | 15/12/2023 | — | |
| outstanding | Fleet Mortgages Fleet Mortgages Limited | A registered charge | 1 property | 15/12/2023 | — | |
| outstanding | Fleet Mortgages Fleet Mortgages Limited | A registered charge | 1 property | 15/12/2023 | — | |
| satisfied | Kseye Capital Holdings Kseye Capital Holdings Limited | A registered charge | 6 properties | 30/03/2023 | 21/01/2025 | |
| outstanding | Precise Mortgages Charter Court Financial Services Limited Trading as Precise Mortgages | A registered charge | 1 property | 26/09/2022 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (26 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-15
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-02-11
mortgage-satisfy-charge-full
mortgage · MR04
2025-01-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-20
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-06-04
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-06-04
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-06-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-14
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-12-18
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-12-18
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-12-18
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-29