ADDANOTE LTD
🏛️Establishedactive
12291197 · ltd · incorporated 2019-10-31
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Oct 2024
Net worth
£-13.9k
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: Other education n.e.c.
Sector: Education
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 77/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 65). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
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, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
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
1 connected companies via shared directors
48
Filing history
12 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £13,875
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£14k
↓ 16% YoY
Current Assets
£0
↓ 100% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-10-31 | 2023-10-31 |
|---|---|---|
| Total assets | £-13.9k | £-12.0k |
| Current assets | £0 | £20.7k |
| Net assets | £-13.9k | £-12.0k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (9 events)Click to expand
- 2025-07-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-08-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-07-14📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-08-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-07-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-10-31🏢Company incorporatedAs ADDANOTE LTD
- 2019-10-31➕LEWIS, John Eric appointeddirector
- 2019-10-31➕SHAW, David Andrew appointeddirector
- 2019-10-31📄incorporation-companyincorporation · NEWINC
Owner dependency
78/100
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.
- +Founder age: Director aged approximately 65 — succession pressure is live.
- +No director turnover: Company is 7 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
56/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr John Eric Lewis Individual · British · DOB 05/1961 · age 65 | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 31/10/2019 |
Mr David Andrew Shaw Individual · British · DOB 09/1961 · age 65 | — | 25–50% | board control25-50% voting · board control | 31/10/2019 |
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 · Education & training · NE postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1931 MC LIMITED→ 15705587 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 23 TRAINING LTD→ 16689354 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| A1 ELITE MOTORCYCLE TRAINING LTD→ 16080789 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ABACUS CHILDREN'S DAY NURSERY LIMITED→ 09623427 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| ABSOLUTE CARE TRAINING & EDUCATION LTD→ 07722531 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| ACADEMY OF EXCELLENCE INNOVATION LTD→ 15107613 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ACTIVE CARE AND DEVELOPMENT LTD→ 14031139 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| ACTIVE IQ LIMITED→ 04813840 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| ADVANCED ACADEMICS HUB LTD→ 15140126 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ADVANCED AESTHETICS ACADEMY AND WELLNESS CENTRE LTD→ 15892091 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ADVENTURE IN LEARNING LTD→ 15168552 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ADVENTURE INTO ART CIC→ 13738338 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
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
Incorporated2019-10-31
Jurisdictionengland-wales
Primary SIC85590 — Other education n.e.c.
Registered office
Crookhill House
Hexham Old Road
Ryton
NE40 3ET
United Kingdom
Filing status
Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-11-13
Last: 2025-10-30
Officers (2 active · 0 resigned)
LEWIS, John Eric→
Activedirector · ~65y · appointed 2019-10-31
View their other companies + combined net worth →
SHAW, David Andrew→
Activedirector · ~65y · appointed 2019-10-31
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (12 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2025-12-15
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-12
accounts-with-accounts-type-micro-entity
accounts · AA
2024-08-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-11
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-10
accounts-with-accounts-type-micro-entity
accounts · AA
2022-08-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-03
accounts-with-accounts-type-micro-entity
accounts · AA
2021-07-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-09
incorporation-company
incorporation · NEWINC
2019-10-31